Forgot your password?

Rocket DAO ecosystem

Belarusians in Y Combinator: how it “threatens” Synder

Tuesday, August 31, 2021

The belarusian startup Synder has been selected for the well-known international accelerator Y Combinator. 

Startup Jedi

We talk to startups and investors, you get the value.

At the end of June, we told you about a round of the Belarusian project Synder. The lead investor then was the TMT Investments fund, and in total the startup raised $2M. There is news!

The belarusian company has been selected for the well-known international accelerator Y Combinator. How does this threaten Synder? First of all, access to the radars of the largest investors: at the end of the three-month acceleration, a large demo day takes place. During the event, more than half a thousand investors view project presentations and decide on financing.

Yes, Y Combinator provides unique expertise during all work with startups inside the incubator, investing $125 000 in each for 7% of the company. But the demo day is the next step that can give Synder the opportunity to grow exponentially.

Recall that the project is developing a SaaS solution for automating accounting and business processes in the e-commerce field. In early June, Bulba Ventures and Civitta named Synder one of the most promising startups within the venture capital ecosystem of Belarus.

31 Aug 2021

 

Stay tuned and don’t forget to follow us:

Facebook: facebook.com/StartupJedi/

Telegram: t.me/Startup_Jedi

Twitter: twitter.com/startup_jedi

Comments

More From Startup Jedi

Today, we are going to talk about the most famous accelerators in the MedTech area.
"Practically anything can be uberized today. This is a (dying) trend for investors." - Dmitry Demidenko, Skif Ventures.