Saturday, September 8, 2012

Stanford?s StartX Incubator Says It?s Number 2 In Funding Per Startup, With $80M Raised Over 2 Years

Startx Logo_hiresThis evening at the StartX demo day, the Stanford-based incubator provided a few metrics as a validation of its model. Among other things, StartX announced companies that have gone through its program have raised a total of $80 million. With about $1.3 million raised per startup, it's ahead of most for-profit incubators. In fact, it claims to be Number 2 in the incubator space, behind Y Combinator. This is the seventh and largest StartX class, with 18 startups presenting. It's now had more than 90 companies have gone through the program. About 85 percent of those startups have gotten funded.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/jf-x6o4sZ10/

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