gBETA Round Rock Opens Applications for Third Cohort

ROUND ROCK, Texas — After a second cohort that helped participating startups land new funding, national recognition and rapid revenue growth, gBETA Round Rock is now accepting applications for its third cohort, which kicks off in October.

Powered by nationally ranked venture capital firm and accelerator network gener8tor, and supported by the Round Rock Chamber, gBETA Round Rock is a free, seven-week, no-equity accelerator seeking startups across industries in the greater Round Rock area.

“We continue to be amazed at the innovation and success coming out of our Round Rock startup scene,” said Jordan Robinson, president and CEO of the Round Rock Chamber. “Launching gBETA Round Rock last year and investing in our local entrepreneurs is proving to be the spark they needed to ignite. We can’t wait for the next cohort to continue the momentum created by our first two groups.”

The second gBETA Round Rock cohort included Revco Energy, RealCooL, Nutt Bio, Wanderlust Wine Co. and Towit. Since joining the program, these five companies have gone on to raise new capital, win national accolades and grow revenue at a rapid clip:

• Revco Energy: a modular clean-energy platform, received a $40,000 grant from the Round Rock Chamber and was accepted into the Cox Cleantech Residency program in Atlanta.
• RealCooL: a medtech company commercializing breast milk-warming research out of the University of Texas at Austin, has won several pitch competitions and raised more than $500,000 in SBIR and NSF grants.
• Nutt Bio: an agtech company developing a natural injectable compound for the livestock industry, has raised more than $600,000 in funding as it prepares for its next phase of growth.
• Wanderlust Wine Co.: a sustainable canned and kegged wine brand, has generated more than $9 million in lifetime sales.
• Towit: a peer-to-peer trailer rental marketplace, is on pace to grow revenue 57% year-over-year.

“Being able to showcase what were building directly to local city, Chamber and business leaders, that’s really the benefit of gBETA Round Rock,” said Kirtan Nahavarapu, founder of Revco Energy. “But even more so, working with Destin, as a successful founder who understands startups and how to grow a company, makes the program so much more helpful than most accelerators

Now Recruiting High-Growth Founders
Applications are now open for gBETA Round Rock’s third cohort, which begins in October. The priority application deadline is August 31, and applications remain open through September 13.

The accelerator provides:

• Two weekly one-on-one coaching sessions
• Weekly mentor swarms with experienced founders and operators
• Investor introductions
• Structured programming on market validation, revenue growth, fundraising and pitch development
• Access to gener8tor’s national network of over 2,100 portfolio companies and $2.2B+ raised across programs

The program culminates in a public showcase event where startups pitch to investors, community leaders and ecosystem stakeholders.

As Round Rock continues investing in its innovation economy, gBETA Round Rock aims to retain and elevate local startups that might otherwise look to Austin or coastal markets for support. Founders interested in applying or scheduling office hours can visit: gener8tor.com/gbeta/round-rock

About gener8tor
gener8tor is a global venture firm and accelerator network that supports startups, workers, employers, artists and musicians across race, place and gender. gener8tor partners with companies, governments, universities and nonprofits to operate programs and conferences in more than 41 communities across 22 states and two countries. Fast Company named gener8tor one of the Best Workplaces for Innovators in 2021 and 2022. The International Trade Council recognized gener8tor as the Global Venture Capital Firm of the Year in 2022.

About gBETA
gBETA is a non-equity accelerator that facilitates the growth of early-stage companies through a network-driven program. This accelerator supports five startups per cohort and requires no fees for startups and takes no equity. Since launching in 2015, gBETA accelerator alumni have raised more than $988M in capital and created jobs across the U.S. and internationally.

About Round Rock Chamber
The Round Rock Chamber is the economic generator for the Round Rock community and is driven by its dedication to improving quality of life and creating new opportunities for businesses, individuals and families. By fostering collaboration and partnerships with a unified voice, the Chamber drives business growth, attracts new businesses, creates new jobs and nurtures small businesses.

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