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Line launches ScaleUp 2019 startup accelerator in Thailand

Friday 15 March 2019 | 13:32 CET | News
Line Thailand has launched the Line ScaleUp2019 ‘post-accelerator’ programme. The initiative aims to enable Thai startups to expand outside of Thailand and help them access international funding. Line ScaleUp offers selected startups access to the Line Messaging API, technical consultation, and business and investment coaching.

Line ScaleUp was launched in 2018. In last year’s edition, five startups were selected from over 50 applications. For 2019, Line ScaleUp is looking for startups that have already launched and are now aspiring to expand, as well as those who are committed to developing resources on the Line platform.

Another part of Line ScaleUp is the program’s cooperation with Line Ventures, a corporate VC under Line Corporation that consists of three funds and 43 portfolios worldwide. In addition to offering knowhow and a global footprint, Line Ventures says up to USD 20 million in funding will be available for the Line ScaleUp project judged to be top in its class once the program finishes in November.

Startups can register to be a part of Line ScaleUp until 17 May, with the pitching proposal taking place on 5 June. Five promising ventures will be selected, with the ScaleUp camp taking place from July to October, followed by evaluations in November. 



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Categories: Mobile & Wireless
Countries: Thailand
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