SAN FRANCISCO and SAN DIEGO, Oct. 23, 2017 /PRNewswire/ -- Nex Cubed has announced the five companies selected to participate in its fall incubator program. The four-month program provides companies with capital, services, and access to hundreds of founders, mentors, investors, and corporate partners.
Not the typical incubator, Nex Cubed focuses on quality over quantity, incubating an average of five to eight select startups per cohort from around the globe and offers a remote, entirely customized program with a full suite of services to drive innovation, value, and growth. The selected companies receive a capital investment, office space in downtown San Francisco, customized consulting from dedicated advisors who have started, exited, and run multiple startups and completed engagements for over 200 startups ranging from Seed to IPO, over $1M worth of lifetime discounts and services from Service Providers through the Global Accelerator Network (GAN), and a highly competent team to support and guide startups both during and after the program.
"We believe there is true value in working with a select group of founders; this allows us to provide customized support to all companies for the duration of the program. Nex Cubed helps entrepreneurs actually learn how to become successful," said Kelsey Morgan, Nex Cubed Co-Founder and General Partner.
The five companies selected for the fall program are BioVirtua, Endorsify, Mesh Candy, RapidMathematix, and Trials.ai. The fall program launched on September 12, 2017, and will culminate on January 31, 2018, with a formal graduation and demo night at the Nex Cubed offices in San Francisco.
With a focus on Artificial Intelligence, Machine Learning, and Frontier Technology, the companies are solving real-world problems across different industries including healthcare, cybersecurity, retail, and marketing. In helping the teams achieve key milestones, Nex Cubed provides support in areas such as business strategy and planning, go-to-market strategy and execution, organizational structure and strategic staffing, marketing and branding, financial operations, fundraising and business development, globalization, and product commercialization. Our extensive network of highly successful mentors and professional investors, coupled with a loyal and active alumni base, opens doors and provides advice throughout the startup lifecycle.
Nex Cubed's spring cohort of six companies, FanAI, Pluto AI, Spark AI, Blackbird.AI, Correlate and SPEEV, graduated in July 2017 and are all successfully raising capital and gaining market traction.
About Nex Cubed
Nex Cubed backs bold entrepreneurs who are willing to take serious risks to solve real problems. Nex Cubed is a global ecosystem that empowers entrepreneurs to bring new technologies to market, helps rising companies scale, and provides paths to liquidity - the power of three. We provide access to hundreds of founders, mentors, investors, and corporate partners, helping entrepreneurs drive innovation, value, and growth. Our understanding of market influences, competitive pressures and inflection points minimizes risk and speeds time-to-market.
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SOURCE Nex Cubed