Pet travel pods, a home rental network, and more: Check out the 10 startups of muru-D Singapore’s third cohort
Telstra-backed accelerator muru-D Singapore has unveiled the 10 startups of its third cohort. They will undergo the six-month programme at muru-D’s Amoy Street offices, and will each receiver S$75,000 (US$55,000) in investments, as well as mentorship in go-to market strategies, training and international networking opportunities.
Additionally, this cohort will be the first to benefit from muru-D Singapore’s new “startup-friendly” financing system.
The new financing instrument is called Simple Agreement for Future Equity (SAFE). It provides an agreement that provides investment to the company on a convertible note which converts to equity when the startup does its first post-program qualifying raise at the valuation of that raise.