Radia Accelerator, a programme created to assist ladies with operational tech expertise construct and advance their corporations, is now welcoming purposes for its 2024 cohort.
The accelerator programme, created by AlbionVC and Speedinvest, will run from September to November 2024 and provide feminine co-founders entry to in depth networks, and knowledge-sharing alternatives, and supply sensible know-how by way of a mixture of in-person half-day workshops and digital classes.
Of the 450 unicorns in Europe, solely 38 have a feminine co-founder and solely 11 are in SaaS. Radia’s mission is to speed up the expansion journeys of startups with ladies co-founders, contributing to a extra inclusive trade panorama.
Ed Lascelles, an AlbionVC companion, mentioned the goals of the accelerator programme: “Following a profitable launch in 2023, AlbionVC and SpeedInvest have partnered for the return of the Radia Accelerator programme.
“By offering the mandatory instruments, networks, and help, we’re dedicated to bridging the gender hole in SaaS and fostering the following technology of feminine tech leaders. By means of the programme and ongoing partnership, we’re taking part in a task in empowering the following technology of girls within the tech sector and I’m delighted to be a part of the programme.”
Deepali Nangia, companion at Speedinvest, additionally added: “By means of the Radia programme, we’re making a supportive ecosystem the place feminine founders can thrive, innovate, and lead their startups to success. Our partnership with AlbionVC is devoted to breaking down boundaries and unlocking alternatives for girls within the SaaS sector.”
Supporting feminine founders in tech
Radia Accelerator additionally boasts important help from the tech neighborhood, with new programme companions this 12 months together with Snowflake, Aviva, Creandum and Seedcamp.
Ryan Lieber, startup program supervisor EMEA at Snowflake, commented: “Snowflake is thrilled to companion with AlbionVC and its Radia Accelerator to champion female-founded startups that can play a vital position in remodeling the tech panorama. By means of the Radia Accelerator programme, our objective is to assist set up a robust basis on which the founders can construct a sturdy and scalable enterprise after which proceed to be a companion to them as they mature as an organisation.”
The inaugural programme, held in spring 2023 obtained widespread help from the European investor and founder ecosystem. Members included GPs from Notion Capital, Balderton Capital, Daybreak Capital, Join Ventures, and notable entrepreneurs corresponding to Natasha Ratanshi-Stein of Surfboard, Nina Mohanty of BloomMoney, Anh-Tho Chuong of Lago, and Simone Maini of Elliptic.
The 2023 programme efficiently helped create 9 early-stage corporations, with suggestions from the cohort of 25 ladies from various ethnic {and professional} backgrounds, averaging a robust 8.2 ranking.
Aleezay Malik, co-founder & CEO of healthtech insurance coverage startup Armour Labs, described the expertise as “probably the most helpful on my entrepreneurial journey.”
Vaishnavi Khullar, co-founder of Rehuman, additionally mentioned: “The programme helped me join the dots as a founder, broadened my community, and boosted my confidence and self-belief.”
Radia is a pro-bono initiative with no fairness taken. In 2023 monetary help was offered by AWS, HSBC Innovation Banking, in addition to Smoosmith.
