Investment Details
Investor Type
Venture Capital
Asset Class Focus
Venture Capital
Stage Focus
Seed, Early Stage, Series A, Series B, Growth, Late Stage
Geographical Focus
United States, United Kingdom, Brazil, Chile, Argentina, Puerto Rico
Industries Focus
- Technology
- Healthcare
- Education
- E-commerce
- Cybersecurity
- Biotechnology
- Clean Energy
Investment Size:
40,000 to 40,000 USD
Investor Details Founded: 2015
Parallel18 is an international accelerator program based in Puerto Rico, supporting high-impact startups through funding and mentorship. The program offers a $40,000 equity-free grant to selected startups, along with a comprehensive 20-week acceleration curriculum that includes business development, mentorship, and access to a global network of investors and corporate partners. The accelerator focuses on startups with a global vision and sufficient traction to scale operations.
Since its inception in 2015, Parallel18 has supported over 500 startups from various countries, including the United States, Puerto Rico, Argentina, Brazil, Chile, and the United Kingdom. The program has a strong emphasis on sectors such as technology, healthcare, education, cybersecurity, clean energy, e-commerce, and biotechnology.
Parallel18's mission is to create a thriving startup ecosystem in Puerto Rico by attracting top talent from around the world. By providing funding, mentorship, and access to a robust network, the program aims to help startups scale globally and establish a presence in the U.S. and Latin American markets. The accelerator also offers post-acceleration support through its Xpand program, which focuses on growth-stage companies ready to expand into new markets.
Requirements
- Innovative companies with a global vision
- Startups with three years of operations or less
- Full-time dedicated team
- Startups that have traction (sales, working prototype, or users)
Contact
[Official Website Hidden]
[HQ Location Hidden]
Portfolio Companies
- No Limbits
- Cultimar Technologies
Mentioned In
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$299.00
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