Best Startup Accelerator in the East Chinaccelerator 2014Year in Review

Chinaccelerator went through some huge changes this past year. At the end of 2013 itmade the bold decision to move the operations to Shanghai. The move was made easierthrough the relationship with Bob Zheng and People Squared. Chinaccelerator immediatelyon boarded Sophia Liu as Community Manager and built a new foundation thanks toPeople Squared, AngelVest, Silicon Valley Bank, CBi China Bridge and Cooley LLP.

GlobalCommunicationLeader-December 26, 2014-

Shanghai, China. Chinaccelerator went through some huge changes this past year. At the end of2013 it made the bold decision to move the operations to Shanghai, leaving behind its beautifulseaside office in Dalian where Chinaccelerator was born. The move was made easier through therelationship with Bob Zheng and People Squared, who took Chinaccelerator in and gave it atemporary home in their new Lighthouse co-working space. Chinaccelerator immediately on boardedSophia Liu (recruited from a Lean Startup weekend event) who has turned out to be an amazingCommunity Manager; score one for securing top talent! The next big step was on boarding somepartners to help build a new foundation in Shanghai, and Chinaccelerator was fortunate enough toland 5 of the best: People Squared, AngelVest, Silicon Valley Bank, CBi China Bridge and Cooley LLP.

With the plan to start running two batches per year, Batch V kicked off with a bang in late Februarywhere Chinaccelerator brought in companies from all across the globe, spanning Mexico to Poland.The teams certainly had their ups and downs, and Chinaccelerator lost a couple along the way, butthey gave everything they had right to the finish, with NeoNan, Giftpass and Asyncode taking flightsoon after.

The summer of 2014 brought even more change. SOSventures garnered a new nickname, beingaffectionately referred to as “The Accelerator Fund” in startup circles due to the ever increasingnumber of accelerators it was creating. Adding to its accelerator portfolio of Chinaccelerator,Haxlr8r and Leap-Axlr8r, SOS then went all in with 3 more: Indie.bio (synthetic biology), FoodX(food of course) and MakersTV (new style tv programs). This then led to the creation of the ChiefAccelerator Officer position, and Chinaccelerator was lucky enough to be able to attract ShawnBroderick, MD of TechStars Boston from 2009 - 2011. Also that summer the explosion of the global

hardware scene demanded the full time attention of Cyril Ebersweiler, co-founder of Chinacceleratorand then MD. So Chinaccelerator had to get busy finding his replacement, and again fortune favoredit in landing William Bao Bean from Singtel Innov8 who officially started in October 1st 2014.

Batch Vll was launched from the more permanent home of Chinaccelerator in yet another new spacedeveloped by People Squared, Hero Center near Kerry Center, Puxi. In what can only be considereda precedent setting batch for Chinaccelerator all teams made a clean run through the program andthey are all still driving ‘up and to the right’ as of this writing, more than 3 weeks since Demo Day.

Due to the banner year in Shanghai, SOSventures has expanded its investment into Chinaccelerator.We have expanded the team working in Shanghai bringing in full-time Marketing, Accounting/OfficeManager and Analyst personnel. Chinaccelerator is also happy to announce that it is significantlyupping the seed funding amount to $30k USD per team (in exchange for 7% equity).

All Chinaccelerator teams made a clean run through the 2015 summer program andthey are all still driving �up and to the right� as of this writing, more than 3 weeks since

Demo Day

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