TechDigits

Tech news
Friday, Apr 26, 2024

Facebook Accelerator London opens to non-U.K. startups with a focus on transformative tech

Facebook Accelerator London opens to non-U.K. startups with a focus on transformative tech

Facebook has announced the third edition of its London-based accelerator program, alongside a rebrand and a renewed focus on startups from across Europe and neighboring regions.

Launched initially in the U.K. capital as LDN_LAB nearly two years ago, the 12-week incubator program will now be called Facebook Accelerator London, to make its purpose as a startup accelerator more clear. The actual physical space where the program takes place will still be called LDN_LAB, a spokesperson added.

While Facebook has previously operated a number of startup incubators around the world, for example one for data-driven startups inside Paris’ Station F campus, LDN_LAB is Facebook’s first ever in-house accelerator, located at its main London HQ. As part of the program, which will operate in partnership with digital consultancy Founders Intelligence, participants get access to Facebook employees, workshops, mentorship, and more.

So far, each intake at LDN_LAB has focused on a single key theme, the first one being startups working on technology to build communities, while the second cohort was all about “deep tech for good.” In a similar vain, the third Facebook Accelerator program, which launches in November with applications opening today, will target “high-growth startups” working in transformative technologies such as artificial intelligence (AI), virtual reality (VR), augmented reality (AR), and blockchain, among “other Facebook products and technologies.”


Going global


While the Facebook Accelerator program has until now only accepted applications from U.K.-based startups, it is looking further afield for its next cohort.

“Innovation is at the heart of Facebook and today we are opening up our London accelerator program to applications from startups across Europe, the Middle East, and Africa,” noted Nicola Mendelsohn, Facebook’s VP of EMEA region. “The selected startups will gain access to experts from across Facebook including those working in augmented reality, blockchain, and AI.”

There are other caveats for acceptance onto the program too. Facebook said that it’s also focusing on technology that has a “positive impact on the world,” including those working toward improving “digital connectivity” globally.

Each of the program’s various areas of focus tie in with technologies that Facebook is actively working on. It recently announced plans for a blockchain-based cryptocurrency called Libra, for example, while it’s also looking to improve internet infrastructure via various conduits, such as satellite-based Wi-Fi hotspots and subsea cabling projects. Elsewhere, the social networking giant is investing heavily in the VR and AR spheres too.

London, too, has emerged as major hub for Facebook’s technology development. The city is now the company’s largest engineering hub outside of the U.S., and a few months back it announced plans to open a third London office to house 500 new technology roles, around 20% of which will be focused on AI.

Newsletter

Related Articles

TechDigits
0:00
0:00
Close
FTX's Bankman-Fried headed for jail after judge revokes bail
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Musk announces Twitter name and logo change to X.com
The future of sports
TikTok Takes On Spotify And Apple, Launches Own Music Service
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Poor Man With Money, Mark Zuckerberg, Unveils Twitter Replica with Heavy-Handed Censorship: A New Low in Innovation?
The Double-Edged Sword of AI: AI is linked to layoffs in industry that created it
US Sanctions on China's Chip Industry Backfire, Prompting Self-Inflicted Blowback
Meta Copy Twitter with New App, Threads
BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner
UK Crypto and Stablecoin Regulations Become Law as Royal Assent is Granted
A Delaware city wants to let businesses vote in its elections
Alef Aeronautics Achieves Historic Milestone with Flight Certification for World's First Flying Car
Google Blocked Access to Canadian News in Response to New Legislation
French Politicians Advocate for Pan-European Regulation on Social Media Influencers
Melinda French Gates Advocates for Increased Female Representation in AI to Prevent Bias
Snapchat+ gains 4 million paying subscribers in its first year
Apple Makes History as the First Public Company Valued at $3 Trillion
Elon Musk Implements Twitter Limits to Tackle Data Scraping, but Faces Criticism for Technical Misunderstanding
EU and UK's Slow Electric Vehicle Adoption Raises Questions About the Transition to Green Mobility
Top Companies Express Concerns Over Europe's Proposed AI Law, Citing Competitiveness and Investment Risks
Meta Unveils Insights on AI Usage in Facebook and Instagram, Amid Growing Calls for Transparency
Crypto Scams Against Seniors Soar by 78% in 2022, Experts Urge Vigilance
The End of an Era: National Geographic Dismisses Last of Its Staff Writers
Shield Your Wallet: The Perils of Wireless Credit Card Theft
Harvard Scientist Who Studies Honesty Accused Of Data Fraud, Put On Leave
Putting an End to the Subscription Snare: The Battle Against Unwitting Commitments
The Legal Perils of AI: Lawyer Faces Sanctions for Relying on Fictional Cases Generated by Chatbot
ChatGPT’s "Grandma Exploit": Ingenious Hack Exposes Loophole in AI, Generates Free Software Codes
The Disney Downturn: A Near Billion-Dollar Box Office Blow for the House of Mouse
A Digital Showdown: Canada Challenges Tech Giants with The Online News Act, Meta Strikes Back
Distress in the Depths: Submersible and Passengers Missing in Titanic Wreckage Expedition
Mark Zuckerberg stealing another idea: Twitter
European Union's AI Regulations Risk Self-Sabotage, Cautions smart and brave Venture Capitalist Joe Lonsdale
Nvidia GPUs are so hard to get that rich venture capitalists are buying them for the startups they invest in
Chinese car exports surge
Reddit Blackout: Thousands of Communities Protest "Ludicrous" Pricing Changes
Nvidia Joins Tech Giants as First Chipmaker to Reach $1 Trillion Valuation
AI ‘extinction’ should be same priority as nuclear war – experts
×