F50 Seeks Pre-A Fundable Founders, Increases Co-Investment Target to $5 Million
SILICON VALLEY, California (PRWEB) September 11, 2014 -- F50 (Fundable 50) today announced an increased co-investment target of $5 million for Season 2, which kicks off on October 20, 2014 at the Moscone Center in San Francisco, CA.
F50, a private co-investment platform, will accept applications through September 20th from fundable founders in Silicon Valley looking to raise $500,000 to $3 million. The 30+ selected startups will attend F50’s S2 Demo Day event to pitch their startup to 300+ local and international investors. F50’s highly motivated investors will co-invest through an online and offline co-investment platform.
Startups can apply by September 20, 2014 for the opportunity to pitch to motivated global investors. F50 S2 is primarily targeting companies in the following four sectors:
• Consumer Mobile
• Enterprise / Big Data / AI
• Gaming
• Smart Hardware/ IoT / Robotics
“With great support from the recently established Investor Advisory Committee (IAC) of angels and venture capitalists, F50’s growing and passionate team is well positioned to identify and help innovative startups looking to ease their funding processes,” said David Cao, Founder and CEO of F50.
After exceeding its S1 goal of raising at least $1 million for one startup, the company has enhanced its efforts to attract more fundable founders. Oculii founder Steven Hong raised $1 million for his startup in S1 and commented, “F50 was instrumental in helping Oculii achieve this dream, helping us obtain the backing of top-tier Silicon Valley angel investors, VCs and strategic partners.” F50 is committed to improving the funding process for founders and aims to make a positive impact on the startup community.
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F50 (Fundable 50) is a private co-investment platform that identifies fundable startups and matches them with investors. F50 is supported by a global community of investors and Silicon Valley Entrepreneurs and Startups (SVE). For more information, visit http://www.F50.io.
Allison Carleton, F50, http://www.f50.io, +1 (650) 468-2364, [email protected]
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