January 28, 2016
500 Startups, a leading global venture capital seed fund and startup accelerator managing $200 million in assets and having invested in 1300\+ technology startups, has announced the new batch of startups that will join its accelerator program this year.
Batch 16 consists of 53 startups. 500 Startups aims to support diversity among participants by having all types of startups with founders from all over the globe. According to the official website, 26% of Batch 16 have at least one female founder and 32% are from outside Silicon Valley or the US. This year signifies the first time an accelerator company from Nigeria joining the 500 Startups team along with startups from Brazil,