Georgian Startups Payze and Agrolabs Travel to Silicon Valley

Two startups participating in the 500Georgia program Payze and Agrolabs will travel to Silicon Valley, where they will participate in a one-month program of 500 Startups.

At the initiative of the Georgian Innovation and Technology Agency and with the support of the Bank of Georgia, 500 Startups, one of the world's leading business accelerators, has entered Georgia and selected 15 startups for the second time under the acceleration program. For the second phase of the program, the ten fastest growing startups were revealed, which were presented to investors at "Demo Day". Five of them continued the program with the financial support of the Bank of Georgia, and two winners will receive additional investment at the final stage.

From 10 startups: Activechat, Agrolabs, B2C.GE, Corebook, Kernel, Kvalifika, My Nanny, PAYZE, Simpolium, YouTravel.me are 4 foreign companies, including from Latvia, Ukraine and Estonia.

500 Startups is one of the most active global venture capital companies. Since its inception in 2010, the company has invested in more than 2,500 companies in 77 countries. Its portfolio includes Unicorn startups such as Credit Karma, Canva, Talkdesk, Intercom, GitLab, Grab and Bukalapak. In addition to startup founders, 500 Startups assist countries and corporations in developing innovative ecosystems by building accelerator and educational programs, events, and partnerships worldwide.