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

Some Indian government websites have allowed scammers to plant advertisements capable of redirecting visitors to online betting platforms. TechCrunch discovered around four dozen “gov.in” website links associated with Indian states,…

Scammers found planting online betting ads on Indian government websites

Around 550 employees across autonomous vehicle company Motional have been laid off, according to information taken from WARN notice filings and sources at the company.  Earlier this week, TechCrunch reported…

Motional cut about 550 employees, around 40%, in recent restructuring, sources say

The deck included some redacted numbers, but there was still enough data to get a good picture.

Pitch Deck Teardown: Cloudsmith’s $15M Series A deck

The company is describing the event as “a chance to demo some ChatGPT and GPT-4 updates.”

OpenAI’s ChatGPT announcement: What we know so far

Unlike ChatGPT, Claude did not become a new App Store hit.

Anthropic’s Claude sees tepid reception on iOS compared with ChatGPT’s debut

Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Look,…

Startups Weekly: Trouble in EV land and Peloton is circling the drain

Scarcely five months after its founding, hard tech startup Layup Parts has landed a $9 million round of financing led by Founders Fund to transform composites manufacturing. Lux Capital and Haystack…

Founders Fund leads financing of composites startup Layup Parts

AI startup Anthropic is changing its policies to allow minors to use its generative AI systems — in certain circumstances, at least.  Announced in a post on the company’s official…

Anthropic now lets kids use its AI tech — within limits

Zeekr’s market hype is noteworthy and may indicate that investors see value in the high-quality, low-price offerings of Chinese automakers.

The buzziest EV IPO of the year is a Chinese automaker

Venture capital has been hit hard by souring macroeconomic conditions over the past few years and it’s not yet clear how the market downturn affected VC fund performance. But recent…

VC fund performance is down sharply — but it may have already hit its lowest point

The person who claims to have 49 million Dell customer records told TechCrunch that he brute-forced an online company portal and scraped customer data, including physical addresses, directly from Dell’s…

Threat actor says he scraped 49M Dell customer addresses before the company found out

The social network has announced an updated version of its app that lets you offer feedback about its algorithmic feed so you can better customize it.

Bluesky now lets you personalize main Discover feed using new controls

Microsoft will launch its own mobile game store in July, the company announced at the Bloomberg Technology Summit on Thursday. Xbox president Sarah Bond shared that the company plans to…

Microsoft is launching its mobile game store in July

Smart ring maker Oura is launching two new features focused on heart health, the company announced on Friday. The first claims to help users get an idea of their cardiovascular…

Oura launches two new heart health features

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world…

This Week in AI: OpenAI considers allowing AI porn

Garena is quietly developing new India-themed games even though Free Fire, its biggest title, has still not made a comeback to the country.

Garena is quietly making India-themed games even as Free Fire’s relaunch remains doubtful

The U.S.’ NHTSA has opened a fourth investigation into the Fisker Ocean SUV, spurred by multiple claims of “inadvertent Automatic Emergency Braking.”

Fisker Ocean faces fourth federal safety probe

CoreWeave has formally opened an office in London that will serve as its European headquarters and home to two new data centers.

CoreWeave, a $19B AI compute provider, opens European HQ in London with plans for 2 UK data centers

The Series C funding, which brings its total raise to around $95 million, will go toward mass production of the startup’s inaugural products

AI chip startup DEEPX secures $80M Series C at a $529M valuation 

A dust-up between Evolve Bank & Trust, Mercury and Synapse has led TabaPay to abandon its acquisition plans of troubled banking-as-a-service startup Synapse.

Infighting among fintech players has caused TabaPay to ‘pull out’ from buying bankrupt Synapse

The problem is not the media, but the message.

Apple’s ‘Crush’ ad is disgusting

The Twitter for Android client was “a demo app that Google had created and gave to us,” says Particle co-founder and ex-Twitter employee Sara Beykpour.

Google built some of the first social apps for Android, including Twitter and others

WhatsApp is updating its mobile apps for a fresh and more streamlined look, while also introducing a new “darker dark mode,” the company announced on Thursday. The messaging app says…

WhatsApp’s latest update streamlines navigation and adds a ‘darker dark mode’

Plinky lets you solve the problem of saving and organizing links from anywhere with a focus on simplicity and customization.

Plinky is an app for you to collect and organize links easily

The keynote kicks off at 10 a.m. PT on Tuesday and will offer glimpses into the latest versions of Android, Wear OS and Android TV.

Google I/O 2024: How to watch

For cancer patients, medicines administered in clinical trials can help save or extend lives. But despite thousands of trials in the United States each year, only 3% to 5% of…

Triomics raises $15M Series A to automate cancer clinical trials matching

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Tap, tap.…

Tesla drives Luminar lidar sales and Motional pauses robotaxi plans

The newly announced “Public Content Policy” will now join Reddit’s existing privacy policy and content policy to guide how Reddit’s data is being accessed and used by commercial entities and…

Reddit locks down its public data in new content policy, says use now requires a contract

Eva Ho plans to step away from her position as general partner at Fika Ventures, the Los Angeles-based seed firm she co-founded in 2016. Fika told LPs of Ho’s intention…

Fika Ventures co-founder Eva Ho will step back from the firm after its current fund is deployed

In a post on Werner Vogels’ personal blog, he details Distill, an open-source app he built to transcribe and summarize conference calls.

Amazon’s CTO built a meeting-summarizing app for some reason