The joint initiative formed by digital product provider Miaki, SOSV and SBK will target Bangladesh-based seed-stage tech startups, having already chosen three candidates for a maiden cohort.

Bangladesh-based digital services group Miaki has teamed up with venture capital firm SOSV and impact investment fund SBK Tech Ventures to form a startup accelerator, TechCrunch has reported.

Dubbed SM², the scheme will focus on seed-stage technology companies based in Bangladesh. It will invest about $100,000 in each initial deal with the possibility of follow-on funding, SBK founder Sonia Bashir Kabir told TechCrunch.

Founded in 2010, Miaki provides a digital offering which includes web and app development, digitalisation and automation…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.