
SkyDeck Berkeley
Description
SkyDeck Berkeley stands as the official startup accelerator of the University of California, Berkeley, functioning as a pivotal launchpad for entrepreneurs deeply connected to the university's vibrant ecosystem. Situated in Berkeley, California, SkyDeck leverages the extensive intellectual capital, research capabilities, and diverse talent pool of UC Berkeley to foster innovation. Its core mission is to accelerate the growth of promising early-stage startups, providing a comprehensive support system that encompasses crucial seed funding, expert mentorship, dedicated office space, and unparalleled access to a global network of seasoned advisors and investors. The accelerator primarily targets ventures with a strong UC Berkeley affiliation, spanning a wide array of industries.
The SkyDeck program is highly competitive and selective, typically operating over a six-month period. Each cohort comprises a limited number of carefully chosen companies, ensuring personalized attention and tailored support. Accepted startups benefit from an initial investment provided by the SkyDeck Fund, which is a cornerstone of their financial backing. This initial capital is generally offered in exchange for a small equity stake or a convertible note, designed to provide essential seed funding for early-stage development and market validation. Beyond the financial injection, participating companies gain invaluable insights from extensive mentorship provided by successful entrepreneurs, venture capitalists, and industry leaders, alongside privileged access to UC Berkeley's esteemed faculty and cutting-edge research facilities.
SkyDeck has solidified its reputation as a significant force within the global startup ecosystem, boasting an impressive track record of success. As of recent data, companies that have successfully graduated from the SkyDeck program have collectively secured over $2 billion in follow-on funding from external investors, a testament to the accelerator's effectiveness in preparing startups for subsequent, larger funding rounds. Each company accepted into the program typically receives an initial investment of $100,000, providing a crucial financial foundation. The accelerator's robust network and strategic location in the Bay Area significantly contribute to its alumni's ability to attract further investment and scale their operations globally.
SkyDeck's ongoing focus remains on nurturing high-potential ventures emerging directly from the UC Berkeley community. Its distinctive model, which seamlessly integrates academic rigor with practical startup acceleration, positions it as a vital bridge between groundbreaking research and commercially viable innovations. The accelerator continues to expand its international reach and deepen its engagement with the broader venture capital community, ensuring its portfolio companies are equipped with the best possible resources for long-term success and impactful contributions.
Investor Profile
SkyDeck Berkeley has backed more than 490 startups, with 5 new investments in the last 12 months alone. The firm has led 80 rounds, about 16% of its total and boasts 23 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Non Equity Assistance, Pre Seed, Seed rounds (top funding stages).
- Majority of deals are located in United States, Italy, Canada.
- Strong thematic focus on Software, Health Care, Artificial Intelligence (AI).
- Led 1 rounds in the past year.
- Typical check size: $100K.
Stage Focus
- Non Equity Assistance (75%)
- Pre Seed (14%)
- Seed (8%)
- Series A (1%)
- Convertible Note (1%)
- Grant (1%)
Country Focus
- United States (85%)
- Italy (2%)
- Canada (1%)
- France (1%)
- China (1%)
- Taiwan (1%)
- India (1%)
- United Kingdom (1%)
- South Korea (1%)
Industry Focus
- Software
- Health Care
- Artificial Intelligence (Ai)
- Biotechnology
- Information Technology
- Machine Learning
- Medical
- Saas
- Mobile Apps
- Enterprise Software
Frequently Asked Questions
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