Iterative

Iterative is a Singapore-based accelerator that has rapidly established itself as a key player in the Southeast Asian startup ecosystem. Launched in 2019 by seasoned entrepreneurs Hsu Ken Chee and Brian Ma, the firm is exclusively dedicated to identifying and nurturing early-stage technology companies within the region. Its model is often compared to that of Y Combinator, providing a structured program, initial capital, and extensive mentorship to help startups achieve product-market fit and prepare for subsequent funding rounds.

The core of Iterative's offering is its intensive 12-week accelerator program. During this period, selected startups receive hands-on guidance, access to a network of mentors and investors, and a standardized investment. Iterative typically invests $150,000 into each participating company in exchange for 10% equity. This fixed investment amount allows founders to focus on building their product and gaining initial traction without immediate fundraising pressures.

Since its inception, Iterative has demonstrated a significant impact on the regional startup landscape. The accelerator has funded over 100 companies across various sectors, building a diverse and growing portfolio. A testament to their program's effectiveness, Iterative alumni have collectively gone on to raise over $300 million in follow-on funding from a wide array of venture capital firms. This strong track record underscores Iterative's role in fostering the next generation of successful tech companies in Southeast Asia.