Get the latest tech news

Enchant launches zero-equity accelerator for gaming and AI startups


Enchant is launching a new zero-equity accelerator for gaming and AI startups, with applications now open for its three-month program.

Founded by veterans of Sony, Supercell, EA, Ubisoft and Playrix, the fully remote program gives founders hands-on product sprints, weekly one-on-one sessions with industry leaders and direct access to a global investor network — while letting every startup keep 100 percent of its cap-table. By stripping away office requirements and equity grabs, the accelerator concentrates on rapid product iteration, real-world traction and warm introductions to publishers, VCs and strategic partners, said Eugenii Unegovskiy, cofounder of Enchant, in an interview with GamesBeat. “That’s why I teamed up with folks from Supercell, Ubisoft, Sony, EA, King, Xsolla, and Oracle — many of whom I’m sure you know or have crossed paths with — along with the creators of Tetris, Angry Birds, and Cut the Rope, to launch Enchant, a new kind of accelerator for gaming and AI startups,” Unegovskiy said.

Get the Android app

Or read this on Venture Beat

Read more on:

Photo of gaming

gaming

Photo of startups

startups

Photo of Enchant launches

Enchant launches

Related news:

News photo

Big Tech’s Model Endangers Economies, Says Varoufakis

News photo

Meta launches program to encourage startups to use its Llama AI models

News photo

Nik Storonsky’s AI Venture Firm Raises $250 Million for Startups