Private Equity Fund News
Accel, Prosus to co-invest $1-M each in startups under new Atoms X accelerator
Source Mint (opens in a new tab)
Global investment firms Prosus and Accel India will each provide USD 1 million to very early-stage companies that are part of Accel’s new Atoms X accelerator.Atoms is Accel’s pre-seed accelerator programme for Indian and Indian-origin founders across the world, launched in 2021. The newly introduced ‘X’ track within Atoms, which debuted in July this year, zeroes in on what the firm calls ‘leap tech ideas’- ventures pushing the frontier of technology, business, or product innovation.Both Accel and Prosus are sector-agnostic under Atoms X, with focus areas spanning energy, healthcare, education, transport, and “ideas across all human conditions”.