Sector Specific
Why sector-focused programs ?
After successfully running Atoms 1.0 and 2.0 with a track record of 24 companies and a total funding raised exceeding $160M, we actively sought feedback from our founders. Their input highlighted two key areas of improvement: the need for a highly tailored program content addressing their specific challenges, and the importance of fostering interactions with founders who are a few steps ahead of them, but not excessively far along in their journey.
To address these needs effectively, we have made the decision to introduce sector-focused cohorts. This approach will enable us to curate highly focused expert sessions, arrange relevant customer meetings, and provide specific perks that align with the unique requirements of each sector.
To address these needs effectively, we have made the decision to introduce sector-focused cohorts. This approach will enable us to curate highly focused expert sessions, arrange relevant customer meetings, and provide specific perks that align with the unique requirements of each sector.
What are the different sectors I can apply for?
Accel Atoms is currently accepting applications for two themes, AI and Industry 5.0. We are kicking off Atoms 3.0 with these two cohorts, but as we scale the program, we plan to launch other themes as well. Please see the respective cohort pages or the FAQs below to see if you fit in the launched cohorts.
If I don’t fall under these sectors, can I still apply to Accel Atoms?
All companies are welcome to apply to Accel. If you apply to atoms.accel.com and do not belong to one of these 2 themes, your application will be evaluated by our regular fund and our team will automatically route it to the right members in Accel. Accel invests across consumer internet, B2B marketplaces, SaaS, Fintech, consumer brands and many more sectors but currently, we will be accepting applications for Accel Atoms within the two verticals of AI and Industry 5.0.
Program Structure
What will the cohort look like and what will be the duration?
Each cohort is unique in its program schedule, as they focus on distinct sectors and are run by different partners in Accel. Please refer to cohort specific FAQs or the cohort pages for more information.
How can I apply to Atoms?
The best way to apply to Atoms is through the Atoms website. We have a dedicated team and an automated process in place that keeps us from missing out on any applications. If you were referred to us by someone, we recommend you to fill the application as it will help us respond to you in a timely manner.
How many startups will be selected?
We want to partner with 4-5 companies per cohort in this edition of Accel Atoms.
Eligibility Criteria
What stage should my company be at to apply to Accel Atoms?
We want to support companies looking to raise less than $2M. In our past two cohorts, we have invested across stages, including idea-stage and pre-product companies. We will continue to support companies across stages in Atoms 3.0.
I am a solo founder. Can I apply?
Yes, you can apply if you are a solo founder. Some of the companies with solo founders that we have invested in Atoms include Brik and Ripik.
What does Atoms look for?
We look forward to investing in the earliest stages of emerging ideas, irrespective of an MVP, with founders who can commit to building their company full time.
Is international participation allowed?
For AI cohort, we are accepting applications from founders based in India, Singapore, Indonesia, & the UAE.
For Industry 5.0 cohort, we are accepting applications from founders based in India & Indonesia.
For Industry 5.0 cohort, we are accepting applications from founders based in India & Indonesia.
What stage of ideation should I be at in order to apply?
The Atoms program will be most relevant for companies that are either at the pre-product or pre-revenue stage. An MVP is good to have, but not a must.
Funding
How much money will Atoms invest?
We will invest up to $500K in companies. For companies looking to raise more, we will consider them for Accel investments outside of the Atoms accelerator.
Is the funding provided as a grant or equity investment?
Accel Atoms will invest up to $500K in the form of equity or convertible note.
AI Cohort
Who is the AI Atoms cohort for?
Companies across early stages, including idea-stage and pre-product. Startups in India, Singapore, Indonesia, and the UAE. Startups where AI is an integral part of the product. Learn more about the AI cohort here.
Till when can we apply for the AI Atoms cohort?
We will accept applications on a rolling basis till the 10th of September, 2023.
Industry 5.0 Cohort
Who is the Industry 5.0 cohort for?
We are looking for founders who are building the future of manufacturing. We think big outcomes can arise from companies focused on improving the efficiency of people, processes or machines working on the industrial shop floor.
What level of mentorship or guidance can I expect from Accel throughout Atoms?
We believe success begets success and wish to incorporate this in our program as well. You can expect mentorship from industry captains as well as founders from Accel’s own portfolio.
Till when can we apply for the cohort?
The last date to submit your application is 23rd September 2023.
How will Accel evaluate applications for the Industry 5.0 cohort?
We evaluate applications on multiple criteria including the team’s experience in the space, the market in which they want to build for as well as the overall strength and feasibility of the solution.
What is the typical duration of the partnership with Atoms?
Each Atoms cohort will consist of 4-5 companies. For the first 3 months, we want founders to focus on getting to product-market-fit by spending a lot of time with their customers. The next three will be focused on iterating the product based on feedback from customers and mentors.
For further questions to ask, reach out to atoms@accel.com