Fiteo Chosen for Newchip’s Intensive Global Pre-Seed Accelerator Program
Summary
The equity-free accelerator has helped over 2,500 founders from more than 50 countries and 250 cities raise over $2.2 billion in funding with an estimated portfolio of over $9B.Newchip evaluates a diverse number of companies across all industries from around the world, selecting a small percentage to join our accelerator, says Brian Lee, Head of Product at Newchip. Being accepted into the Newchip Accelerator gives us access to investors and business advisors and positions Fiteo to become a major player in this growing market. Founded by eCommerce leaders and alumni from Amazon, Nordstrom, and Zulily, Fiteo blends sponsored content into product discovery experiences inspired by social platforms. Since its inception in 2019, the equity-free, remote accelerator has enabled over 2,500 startups from 50+ countries to raise over $2.2 billion in funding with an estimated $9B portfolio. Its vast network of global investors, strategic partners, and mentors guide companies from team building and prototype development to securing high-profile VC investment, corporate partnerships, and everything in-between.