Virgin Media and Techstars have named the 10 companies that will join their London accelerator program and receive up to $120,000 each.
UK-based internet services provider Virgin Media and accelerator Techstars have revealed the first 10 startups that will take part in their London-based initiative, which will begin at the end of this month.
Liberty Global Ventures, the corporate venturing unit of cable company Liberty Global, and Techstars will invest an initial $20,000 in each startup in return for a 6% stake.
Companies will also have the option to receive up to an additional $100,000 in the form of a convertible note…
