Home Startups Startups News Indonesian pre-seed accelerator Skala invites applications for the second cohort

Indonesian pre-seed accelerator Skala invites applications for the second cohort

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Indonesian pre-seed accelerator, Skala, has opened up for its second batch of applications, following the graduation of its first cohort earlier this year.

As Indonesia’s first metrics-driven and growth-focused pre-seed program, Skala invested an initial capital of US$30,000 for 5% equity in each of its Batch 1’s six alumni startups, which were carefully selected from more than 400 applications. These startups are:

  • Atenda, an app that helps companies to manage employees and do administrative work
  • Callista, an online platform that offers skin analysis and skincare product recommendations
  • Noompang, a ride-sharing community
  • NusaTalent, a job search platform that caters to fresh graduates
  • Magalarva, a producer of sustainable protein for animal feed
  • Storial, a platform that allows its users to write, share, and monetize stories

For the second cohort, Skala will choose up to 15 startups through their rigorous selection process, offering US$50,000 in exchange for 8% equity. The accelerator will focus on tech startups with founding teams that have strong domain expertise as well as a deep understanding of the Indonesian market.

Applications for the 20-week program will be opened until 9 August 2019, which the program aims to begin on 9 September 2019.

Felicia Calle
Felicia Calle
Australia | Felicia's fascination with tech began in the 90s, and she loves to update readers on the best tech deals on the internet. When she’s not writing, you’ll find her travelling around the world.

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