Private Equity

Incubation/Acceleration

Accel's backs 8 startups via Atoms 3.0 program

Business Standard  

Venture capital firm Accel unveiled eight startups from the third cohort of its accelerator programme Atoms. This is the programme’s first sector-focused cohort and its focused on startups building in the AI and Industry 5.0 domains.The four AI startups that are part of Atoms 3.0 include Tune AI, a GenAI stack for enterprises; Skoob, a generative AI platform for reading; Meritic, a storytelling co-pilot for financial planning and analysis; and Arivihan, a fully automated learning platform.The two Industry 5.0 startups in the cohort include Spintly, an IoT platform for smart buildings; and assets, a multidisciplinary CAD, simulation and engineering design platform.The cohort receives up to USD 500,000 in funding, and access to perks worth USD 5 million from Accel’s network partners.