HomeUSAArkansas-Based Bounds Accelerator Launches

Arkansas-Based Bounds Accelerator Launches

Bounds Accelerator

Cartwheel Studio and the U of A Office of Entrepreneurship and Innovation are announcing the inaugural cohort of the Bounds Accelerator, a Bentonville, Arkansas-based emerging technology startup accelerator.

Participating companies are in the Seed-to-Series A stage and are building next-generation technologies that solve challenges within the retail, transportation, logistics, manufacturing and supply chain sectors. They include Amplio, Glyphx, Hashku, Indexer, Mycelium Networks, New Forge, Ship.com, Spark, Trackstar and Vendoor.

The 16-week accelerator began Jan. 8 and is bookended by an in-person orientation and demo day event in Bentonville, with weekly remote learning and mentoring sessions. Bounds founders and key team members from Georgia, Missouri, South Carolina, New York, California, Nevada and Michigan will travel to Northwest Arkansas for the program’s private kick-off event today, Jan. 11, at The Ledger in Bentonville.  

The Bounds Accelerator also includes notable partnerships with Coinbase Ventures, Haun Ventures and the AI Foundation to provide cohort companies with access to a wide network of business and investment connections. Mentors listed on the Bounds website include a mix of experienced startup founders, technologists working at the intersection of AI and Web3, product leaders, retail value chain subject matter experts, notable academics, as well as experienced professionals and executives from Arkansas’ leading enterprises. 

Additionally, the U of A Office of Entrepreneurship and Innovation has paired each cohort company with one paid intern through its Venture Intern Program and has organized mentorship and advisory support, including growth-to-scale optimization audits, for the full 16-week program. Bounds is funded through grants from the Arkansas Economic Development Commission and support from Coinbase Ventures, Haun Ventures and The AI Foundation. 

To date, these 10 participants have raised almost $18m in cumulative investment.

The public will be welcome to join the Bounds Demo Night event on April 29 in Bentonville.

VCWire

15/01/2024