Startups

Alchemist Accelerator announces new leadership alongside its latest class of companies

Comment

Alchemist Accelerator logo
Image Credits: Alchemist Accelerator

Alchemist Accelerator, the enterprise-focused startup incubator, is hosting a demo day today for its 31st batch of companies. For many of these companies, it’s the first time they’ve shown their efforts to the world.

The accelerator itself, meanwhile, has some news: new leadership. Rachel Chalmers, formerly the head of AlchemistX (a division of Alchemist that helps governments and companies like Siemens and NEC build incubators of their own), will become the new president and managing director of the main Alchemist accelerator. Ian Bergman, previously global managing director for Microsoft’s “Microsoft for Startups” program before joining Alchemist in early 2021, will now head up AlchemistX. While former Alchemist managing director Ravi Belani says he’ll still be formally involved with Alchemist, he’ll be focusing on training founders, helping them fundraise, and “initiatives to deepen and broaden our platform.”

On the new role, Rachel Chalmers tells me “Ravi and I have worked together for years and have a strongly overlapping shared value set around the importance of connecting entrepreneurs with corporate domain experts to create innovation and opportunities. Alchemist is above all a network and a community, and I’m committed to serving that community.”

Alchemist will stream today’s demo day live on YouTube — you can find that right here beginning at 10:30 am pacific.

Meanwhile, here’s an alphabetical list of the new companies presenting today, each with a few words about what they’re doing as I understand it:

Advisar.AI: Builds models meant to help teams detect trends/patterns in their data with “self-supervised, predictive machine learning.”

agtools: A platform for “farmers, buyers, and everyone on the supply chain” to help better understand market behavior and make more money while minimizing waste.

AIsport: Tools for online/virtual sports coaches, with computer vision meant to help count reps and monitor form.

Flyhound: Builds tools to help rescue groups better utilize drones to find missing persons, respond to natural disasters, etc.

FreeFuse: Turns training videos into an interactive table-of-contents-style “tree”, allowing viewers to more easily find just the content they need/want.

Haze Automotive: More accessible carbon fiber for automobiles, it sounds like. Their landing page is pretty locked down, but the founder’s LinkedIn says they “are taking race-car technology [that] is normally exclusive to hyper-cars (due to the high price) and democratizing it to mass market vehicles.”

Insightarc: Automated insights to help you quickly figure out where/why you’re losing customers in the purchase flow.

Krinu: Connects chat platforms (like WhatsApp/Signal) into your company’s CRM (like Salesforce or HubSpot) to make customer chats easier to keep track of and follow up on.

Lendha: Banking tools and short-term loans for small businesses in emerging markets, beginning with Nigeria.

Loyee: Building a Slack bot that analyzes your company’s CRM data and messages when it spots unusual trends or insights.

Marvel Carbon: Carbon recapture. The company’s LinkedIn says it’s working to “capture and return CO2 back underground”, while their website details using micro-algae to do the capturing.

PieData: Not much is available on this company, but they’re pitched as a “No-Code platform that helps you to find, launch & train ML models”.

Masthead Data: A no-code solution for monitoring your team’s Google BigQuery data, identifying anomalies and determining when/why things went off the rails.

mechlabs: A “fast-paced, hands-on crash course” that teaches students to build robots with laser cutters, PCB printers and more.

OutworkAn analytics platform + hardware to help manufacturers make faster, more accurate quotes

Peace of Mind: A “mental resilience” program meant to help employees identify and manage stress/emotional strain to reduce risk of burnout.

renovai: An “AI-based stylist” for e-commerce brands that can help identify, say, a table that might look good with that couch you’re buying and then place both in a mock-up image of a room.

Seccuri: A “smart matching” platform for helping companies expand their cybersecurity team.

Torus: Helps banks and payment providers better analyze and optimize the network fees they pay when a card is used.

Unibaio: Working on “nano-vehicles based on natural compounds” to reduce how much pesticide must be used to be effective.

weRice: An augmented-reality based tool that helps manufacturing/construction workers identify issues while automatically saving any learnings for the next person dealing with it.

The Demo Day will also include a handful of presentations from Alchemist alum companies now looking to raise a Series A, including Billo, MATERIALL, Mobiz, and Yieldigo.

More TechCrunch

PwC, the management consulting giant, will become OpenAI’s biggest customer to date, covering 100,000 users.

OpenAI signs 100K PwC workers to ChatGPT’s enterprise tier as PwC becomes its first resale partner

Tech enthusiasts and entrepreneurs, the clock is ticking! With just 72 hours remaining until the early-bird ticket deadline for TechCrunch Disrupt 2024, now is the time to secure your spot…

72 hours left of the Disrupt early-bird sale

Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up to $350 million for its new private equity fund.  The new…

Avendus, India’s top venture advisor, confirms it’s looking to raise a $350 million fund

China has closed a third state-backed investment fund to bolster its semiconductor industry and reduce reliance on other nations, both for using and for manufacturing wafers — prioritizing what is…

China’s $47B semiconductor fund puts chip sovereignty front and center

Apple’s annual list of what it considers the best and most innovative software available on its platform is turning its attention to the little guy.

Apple’s Design Awards nominees highlight indies and startups, largely ignore AI (except for Arc)

The spyware maker’s founder, Bryan Fleming, said pcTattletale is “out of business and completely done,” following a data breach.

Spyware maker pcTattletale says it’s ‘out of business’ and shuts down after data breach

AI models are always surprising us, not just in what they can do, but what they can’t, and why. An interesting new behavior is both superficial and revealing about these…

AI models have favorite numbers, because they think they’re people

On Friday, Pal Kovacs was listening to the long-awaited new album from rock and metal giants Bring Me The Horizon when he noticed a strange sound at the end of…

Rock band’s hidden hacking-themed website gets hacked

Jan Leike, a leading AI researcher who earlier this month resigned from OpenAI before publicly criticizing the company’s approach to AI safety, has joined OpenAI rival Anthropic to lead a…

Anthropic hires former OpenAI safety lead to head up new team

Welcome to TechCrunch Fintech! This week, we’re looking at the long-term implications of Synapse’s bankruptcy on the fintech sector, Majority’s impressive ARR milestone, and more!  To get a roundup of…

The demise of BaaS fintech Synapse could derail the funding prospects for other startups in the space

YouTube’s free Playables don’t directly challenge the app store model or break Apple’s rules. However, they do compete with the App Store’s free games.

YouTube’s free games catalog ‘Playables’ rolls out to all users

Featured Article

A comprehensive list of 2024 tech layoffs

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized…

18 hours ago
A comprehensive list of 2024 tech layoffs

OpenAI has formed a new committee to oversee “critical” safety and security decisions related to the company’s projects and operations. But, in a move that’s sure to raise the ire…

OpenAI’s new safety committee is made up of all insiders

Time is running out for tech enthusiasts and entrepreneurs to secure their early-bird tickets for TechCrunch Disrupt 2024! With only four days left until the May 31 deadline, now is…

Early bird gets the savings — 4 days left for Disrupt sale

AI may not be up to the task of replacing Google Search just yet, but it can be useful in more specific contexts — including handling the drudgery that comes…

Skej’s AI meeting scheduling assistant works like adding an EA to your email

Faircado has built a browser extension that suggests pre-owned alternatives for ecommerce listings.

Faircado raises $3M to nudge people to buy pre-owned goods

Tumblr, the blogging site acquired twice, is launching its “Communities” feature in open beta, the Tumblr Labs division has announced. The feature offers a dedicated space for users to connect…

Tumblr launches its semi-private Communities in open beta

Remittances from workers in the U.S. to their families and friends in Latin America amounted to $155 billion in 2023. With such a huge opportunity, banks, money transfer companies, retailers,…

Félix Pago raises $15.5 million to help Latino workers send money home via WhatsApp

Google said today it’s adding new AI-powered features such as a writing assistant and a wallpaper creator and providing easy access to Gemini chatbot to its Chromebook Plus line of…

Google adds AI-powered features to Chromebook

The dynamic duo behind the Grammy Award–winning music group the Chainsmokers, Alex Pall and Drew Taggart, are set to bring their entrepreneurial expertise to TechCrunch Disrupt 2024. Known for their…

The Chainsmokers light up Disrupt 2024

The deal will give LumApps a big nest egg to make acquisitions and scale its business.

LumApps, the French ‘intranet super app,’ sells majority stake to Bridgepoint in a $650M deal

Featured Article

More neobanks are becoming mobile networks — and Nubank wants a piece of the action

Nubank is taking its first tentative steps into the mobile network realm, as the NYSE-traded Brazilian neobank rolls out an eSIM (embedded SIM) service for travelers. The service will give customers access to 10GB of free roaming internet in more than 40 countries without having to switch out their own existing physical SIM card or…

1 day ago
More neobanks are becoming mobile networks — and Nubank wants a piece of the action

Infra.Market, an Indian startup that helps construction and real estate firms procure materials, has raised $50M from MARS Unicorn Fund.

MARS doubles down on India’s Infra.Market with new $50M investment

Small operations can lose customers by not offering financing, something the Berlin-based startup wants to change.

Cloover wants to speed solar adoption by helping installers finance new sales

India’s Adani Group is in discussions to venture into digital payments and e-commerce, according to a report.

Adani looks to battle Reliance, Walmart in India’s e-commerce, payments race, report says

Ledger, a French startup mostly known for its secure crypto hardware wallets, has started shipping new wallets nearly 18 months after announcing the latest Ledger Stax devices. The updated wallet…

Ledger starts shipping its high-end hardware crypto wallet

A data protection taskforce that’s spent over a year considering how the European Union’s data protection rulebook applies to OpenAI’s viral chatbot, ChatGPT, reported preliminary conclusions Friday. The top-line takeaway…

EU’s ChatGPT taskforce offers first look at detangling the AI chatbot’s privacy compliance

Here’s a shoutout to LatAm early-stage startup founders! We want YOU to apply for the Startup Battlefield 200 at TechCrunch Disrupt 2024. But you’d better hurry — time is running…

LatAm startups: Apply to Startup Battlefield 200

The countdown to early-bird savings for TechCrunch Disrupt, taking place October 28–30 in San Francisco, continues. You have just five days left to save up to $800 on the price…

5 days left to get your early-bird Disrupt passes

Venture investment into Spanish startups also held up quite well, with €2.2 billion raised across some 850 funding rounds.

Spanish startups reached €100 billion in aggregate value last year