Amazon’s newest Alexa Fund recipients are less consumer-focused

Amazon’s newest Alexa Fund recipients are less consumer-focused

6 years ago
Anonymous $hM_jrxqbr-

https://techcrunch.com/2018/07/23/amazons-newest-alexa-fund-recipients-are-less-consumer-focused/

Amazon is today announcing the new batch of startups joining its Alexa Accelerator program, powered by Techstars. Members of last year’s Amazon’s Alexa Accelerator program, which backs companies developing new experiences using voice-based technologies, went on to raise over $10 million in venture capital following their participation in the program, says Amazon. The new group includes startups focused on business use cases, STEM education for kids, accessible technology, and more.

The idea behind the accelerator is to help fuel early-stage companies developing for voice, giving Amazon an equity stake in the businesses.