We are pleased to announce that Chinaccelerator has hit double digits – Batch 10! Demo Day 10 is happening on December 6th from 2-5pm China Standard Time. You can watch the eleven companies live here.
Chinaccelerator, one of the earliest startup accelerators in China, is a mentorship-driven program helping internet startups from around the world cross borders – from the world into China and from China to the world. It is operated by the venture fund SOSV with $250M AUM operating eight accelerators across the world.
SOSV’s efforts around diversity is reflected in Chinaccelerator Batch 10. Half of the companies have a female founder, and the eleven teams have co-founders from twelve countries and regions: France, Spain, Italy, Sweden, UK, US, Bermuda, Nepal, Singapore, South Korea, Hong Kong and mainland China.
The eleven teams are targeting some of the hottest markets for China’s rising middle and upper class, ranging from luxury and fashion, healthcare and fitness, education, entertainment and imported food. They are:
Fashion & Luxury
Founded by three female Singaporean entrepreneurs, Fashory is the go-to mobile app that allows users to discover the perfect outfit. Driven by machine learning, it sources 200+ independent designers from around the world and ensures that China’s sophisticated, independent women dress well and feel great.
Luxury shoppers want to avoid counterfeits and they, too, want to save money. With a global price database and purchasing guide, Luxsens helps consumers find authentic luxury products at the cheapest price. All suppliers on the platform have a physical store offline.
Carmen Busquets, co-founder of net-a-porter, co-founded Trustluxe to bring exclusive, ultra high-end brands to Chinese consumers at the same price as in the west, through its online store and offline showroom. Every piece is unique, and shipment happens only after an order is placed, thanks to the good relations Busquets has with the designers.
Food
Coolhobo brings Chinese consumers on an immersive culinary journey via its VR food e-commerce, which features exclusive European gourmet food brands one cannot find elsewhere in China.
Groupmall provides users with a selection of special offers and time-limited deals on their imported food products. The startup maintains close relationships with its suppliers and is able to cut inventory costs – orders are delivered directly to its Chinese customers.
Entertainment
While other ticketing companies compete on price, meaning they make very little (or any) profit, 247 competes on service, content and selection. It strives to be the “one stop shop” for booking tickets, experiences and trips. 247’s Zendesk customer satisfaction score reaches 97%.
K-pop fans spend millions on their idols but reports show that they still feel discontent. VRex, a location-based augmented reality messenger app, wants to solve that by connecting users to K-pop celebrities in malls, restaurants and retail stores.
Wellbeing
Bonzun is a midwife in your pocket. A Swedish pregnancy app, it helps mothers before and after pregnancy track and explain test results and symptoms so they feel more secure. The startup has backing from the UNICEF and WHO.
Trainersvault provides a customer management and marketing platform for celebrity workout trainers to unlock the $300B+ global health and wellness industry. The platform has over 160,000 active users.
CareVoice is a mobile social platform that aims to bring trusted ratings and recommendations on top quality healthcare services to individual and corporate users. It is the first healthcare app to work with a commercial insurance company (AXA).
The Chinese government is trying to get 500,000 international students by 2020, but information about Chinese universities is often opaque, inaccurate, and outdated. China Admissions aims to be the trusted platform helping international students choose and apply to universities and is already working with 60+ top universities in China.
For more information, please visit: http://cademoday.wpengine.com/ca10
