5 new startups awarded $500K by Bronze Valley Accelerator, including one from Birmingham

Five fast-growing companies from across the country have been awarded a $100K investment from Bronze Valley—as well as an invitation to participate in the Bronze Valley Investment Accelerator program.

Learn more about the five selected startups and what this means for The Magic City.

Bronze Valley Accelerator announces 2024 Spring Cohort

In January 2023, global venture firm and startup accelerator gener8tor teamed up with Birmingham-based early-stage venture fund Bronze Valley to launch the inaugural Bronze Valley Investment Accelerator.

The program was designed to serve founders from backgrounds that historically have been excluded from access to capital.

Today, the program announced the five startups selected for its 2024 Spring Cohort:

• Adravision (Atlanta, GA)
• Botco.AI (Phoenix, AZ)
• Generation Conscious (Brooklyn, NY)
• Loan My Sole (Miami, FL)
• Kai XR (Birmingham, AL)

Each selected startup will receive an investment of $100K as well as acceptance into the 12-week Bronze Valley Investment Accelerator.

This is an intensive program that includes 1:1 coaching, mentor-driven programming, connections to the gener8tor network of mentors + investors as well as more than $1M in deals and perks.

“I’m thrilled to get to work with these five incredible companies on their growth. This program not only supports these five companies, it also empowers these founders to engage with Birmingham’s entrepreneurial community.

I can’t wait to see the partnerships they’ll forge during their time in Alabama.”

Allison Swagler, Managing Director, gener8tor Bronze Valley Investment Accelerator

Moving to Birmingham

As part of the Bronze Valley Investment Accelerator, each of the selected companies will move their headquarters to The Magic City.

“Bronze Valley is delighted to bring these companies to Birmingham, building on our work to support innovation and technology-based economic development in Alabama.

This cohort’s entrance to the Alabama innovation ecosystem has the potential to spur growth across several industries and we are proud to empower them to make a strong and lasting impact.”

Neill S. Wright, President and CEO, Bronze Valley

At the end of the program, the startup founders will pitch their companies to a crowd of investors, community partners and the public during a Showcase event on May 2, 2024 in Birmingham.

Excited to learn more about these six startups? Follow @bhamnow to stay up to date!