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Deep Space NYC :: View topic - This YC Summer series showcases the largest group of African
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This YC Summer series showcases the largest group of African

 
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kafa88
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PostPosted: Wed Sep 01, 2021 12:17 am    Post subject: This YC Summer series showcases the largest group of African Reply with quote




Y Combinator's 2021 Summer Series features 377 start-ups from 47 countries. Today is the 33rd demo day of the famous accelerator and the largest cohort. YC S20 has 198 startups. places, an increase of 90% from last year.About half of the companies represented outside the United States. Countries with the most representatives (Aside from the United States), including India,

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with 33 startups. UK with 18 startups; Mexico with 17; Singapore with 12; and Canada and Brazil, 11 each.Although the demo day for this year's winter costumes will be held in one day. But for this summer, there will be two days. Today, 189 companies will offer for sale. The rest will be offered for sale tomorrow.

African startups also rose from 10 in the winter to 15, a record for a single YC African startup.Michael Seibel, managing director of Y Combinator and a consortium partner, told TechCrunch when asked: “This is the largest cohort we have ever funded and it is about 50% international, so it is not surprising that this is the largest group from Africa.

A unique factor has contributed to the recognition of African startups. more Another valid reason for the price increase could be that YC is acquiring more applications from Africa, given at least the recent success stories of Paystack and Flutterwave. That's the view shared by Kat Maņalac, Head of Outreach at YC
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