Newchip is a new and better model for funding startups. We focus on what matters most- YOU the Founder. 99% of programs focus on teaching you how to build a product and company, and while we cover these areas, there is a serious lack of training on fundraising, negotiating, partnerships, and scaling revenue- hence the “99% of startups fail fallacy”.
Additionally, as seed funding has become more and more difficult to obtain outside the valley, we decided to created a hybrid partnership between accelerators, incubators, investment funds, and our investment platform conglomerate to best serve entrepreneurs up to the Series A level of funding around the world- training, teaching, and funding the best entrepreneurs.
We are comprised of three arms: our venture fund, our accelerator, and our investment platform. These are all independent but partnered companies in an ecosystem with other accelerators, venture funds, and platforms around the world.
Our due diligence process is simple- to be eligible for capital, we require our startups to complete either our pre-seed or seed equity-free accelerator program, during which we work intensively with them to get the company into the best possible shape, refine their pitch to investors, and help them get the initial funding they need and deserve.
These cohorts culminate in a graduation Demo Day, where the startups present their companies to a carefully selected, invite-only group of investors. We then take these graduates and present them to our 100,000+ investor network on our platform, and our fund may invest up to $100k (based on stage) in our top graduating startup’s investment rounds (contingent upon due diligence and closing).
At Newchip, our goal is to get you through the first phase, get you to invest in yourself, and then invest in you to take your company to the next level. This usually means: get you to the point where you’ve built something impressive enough to raise money on a larger scale- then we can introduce you to later stage investors, partners, and occasionally even acquirers.
We come from all over the world, have built and ran companies ourselves, and have the expertise to help you build and scale.