Starta Whitepaper

Starta Accelerator
Starta Accelerator is an acceleration program launched by Starta Capital VC Fund in 2015. Mission of Starta Accelerator is to empower Eastern European frontier technology companies through exposing them to USA market. The program was customized for Eastern European founders aiming to adapt to cultural and business environment in the US, complete and define product/market fit, get traction and become part of local startup and investing ecosystem in the U.S.

Portfolio structure
$1.5 M is used to finance 33% of existing Starta Accelerator 16/17 LLC portfolio of 21 technology startups selected and accelerated by Starta Accelerator. Starta Accelerator 16/17 LLC owns average of 7% equity in each company at $2M valuation

All 21 companies are at post-product stage and have traction in their home countries and U.S. market. Some of them have already raised further rounds of investment at higher valuations than Starta Accelerator 16/17 LLC nominal portfolio valuations.

Remaining amount ($3.5M) will be invested in minimum 50 new early stage startups that will be accelerated by Starta Accelerator over the period of the next 2 years.

Cross Coin
Cross Coin is an SPV incorporated in Singapore as an ICO friendly jurisdiction with the only purpose to invest in Starta Accelerator. CrossCoin has an option to buy 33% of “Starta Accelerator 16/17” SPV at portfolio valuation price.

The Mission of Cross Coin is to democratize venture investments and become a bridge between crypto and fiat economies. We help venture funds, accelerators and startups to raise capital using crypto assets.

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Starta Whitepaper