There isn’t a shortage of accelerators for startups, but one of the few that investors watch closely is PearX, a 12-week program that caps its cohorts at a mere 20 startups and is run by Pear VC, a pre-seed and seed-focused venture firm. PearX’s bi-annual demo day is consistently attended by top venture capitalists, reflecting the historically strong caliber of companies in each batch.
Some of the startups that came out of recent cohorts include Known, which uses voice AI to match people for dates and secured funding from Forerunner Ventures. Another is Andera, a startup that automates corporate audit and compliance tasks and raised a $37 million Series A from Lightspeed this summer.
Distinction from Other Accelerators
The PearX program distinguishes itself from Y Combinator, the OG of startup accelerators, in several ways. Besides being much smaller, it doesn’t offer companies standard terms. Its investments can be as high as $2 million. Moreover, unlike YC, where some of the buzziest startups raise funding before the program ends, PearX claims to keep its participants under wraps until demo day.
TechCrunch attended Pear’s latest demo day, which took place in San Francisco last week, and then stuck around to ask some of the VCs about which companies stood out to them out of the 16 startups in the batch. Below are five of the companies that seemed to have generated the most buzz.
Speridlabs
- What it does: Spatial foundational models for powering robotics, gaming, and special effects.
- Why it stood out: While Speridlabs is certainly not the only startup developing world models to do for 3D space what LLMs did for language, it argues that its more established competitors, including Runway, Odyssey, and Google’s Genie, cannot be queried or modified. To solve this, Speridlabs built Mundus, which it calls a 3D Midjourney because it keeps its geometry persistent when a part is changed.
