20 startups take center stage at Berkeley SkyDeck’s demo day94.76

The largest-ever Berkeley SkyDeck demo day kicked off with a high-energy performance from the Cal marching band, setting the tone for an afternoon of presentations from none other than Berkeley faculty and students-turned-entrepreneurs.

Launched in 2012 as a modest accelerator for student-run businesses, SkyDeck has flourished since its inception. To date, the program has mentored 300 startups, which have gone on to raise $800 million via 27 funding rounds and 10 acquisition deals. Earlier this year, it raised a $24 million venture fund so it could finally seed participating startups with $100,000 in exchange for 5 percent equity. Today’s cohort is only the second to receive an investment from SkyDeck as part of the accelerator.

Original source
https://techcrunch.com/2018/11/07/20-startups-take-center-stage-at-berkeley-skydecks-demo-day/

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