Are accelerators the new incubators and angel investors?
Tech startups can lead to big business. Last year Y Combinator reported their top 21 projects were worth $4.7 billion! Just last week Airware, a Y Combinator startup, received the biggest round of funding in YC history ($10.7 million).
Y Combinator is certainly the most well known and the most visual leader in the new accelerator model of startup funding, i.e., invest a small amount of money in a large number of startups. The startups move close by for a few months during which the cadre works intensively with the startup team to get them into the best possible shape for investors.
Last year Forbes produced a Top 10 Startup Incubators and Accelerators List.
This year Robohub contributor Andra Keay produced a robotics-friendly list.