Startup Life/News/ The European startups in Y Combinator’s W23 cohort The US accelerator has taken on 79 founders from Europe By Kai Nicol-Schwarz 24 January 2023 Garry Tan, CEO of YC (Image: Initialized Capital) Garry Tan, CEO of YC (Image: Initialized Capital) \Startup Life Which SaaS products are getting cut? By Tim Smith 22 February 2023 Startup Life/News/ The European startups in Y Combinator’s W23 cohort The US accelerator has taken on 79 founders from Europe By Kai Nicol-Schwarz 24 January 2023 Seventy-nine European founders are part of the famed US startup accelerator Y Combinator’s winter cohort this year — compared to 85 in last year’s summer cohort and 72 in the 2022 winter cohort — making up about 13% of the roughly 600 entrepreneurs taking part. Startup accelerators have fast become something of a right of passage among founders, and in the past few years more than 400 have emerged in Europe alone. Data platform Beauhurst found that 57% of UK unicorns had taken part in one before they hit their $1bn valuation. Despite all the competition, 18-year-old Y Combinator is still one of the most respected among the global startup and investor community, and in a recent Sifted survey of 20 top-tier European VCs, it was rated as one of the few actually worth taking part in. The accelerator takes on two cohorts each year, and has been accepting more European founders since it doubled its intake from the region when it went online during the pandemic in 2020. Although Y Combinator has since shifted back to in-person and encourages founders to travel to San Francisco for the programme, it now says it’s “remote-friendly” and participants can get involved from anywhere in the world. It also changed its terms last year, as the accelerator announced it would be investing $500k into participating startups — up from $125k — which could potentially give it a larger stake in the companies it backs. While the programme’s demo day isn’t until early April, nine Europe-based startups have so far announced themselves publicly as part of the winter cohort 2023. More will be announced in the coming weeks and months, and we’ll update this list when they are. SaaS Defer: Paris-based startup helping developers build apps with “async-based features” — developer speak for saying the app can run several tasks at the same time — without all the laborious work it usually entails. Gluetrail: This French no-code automation platform allows businesses to aggregate data from multiple sources and create actions like Slack or email alerts. The programme can be used for things like qualifying sales leads and business forecasting. Depot: A London-based startup building a tool for developers that runs Docker container builders on the cloud — Docker containers hold everything a software needs to work, like code, libraries and system tools. Versori: A no-code startup from Manchester that helps businesses manage their data. It allows people of any technical ability to do tasks like data migration and integration — meaning companies can avoid turning to sometimes pricey software developers. Trigger.dev: London-based startup helping developers automate their workflows. Ivy: London startup Ivy allows developers to run and manage code that would usually only work on separate frameworks in one place. Healthtech Sanvivo: Based in Munich, Sanvivo is a marketplace for pharmacies to sell medication online. Consumer Quazel: This Swiss startup is an app that helps people learn languages. Users can practice conversational skills in a new language by talking to the startup’s AI-driven conversation partner. Edtech GoodCourse: The London-based startup is a platform that allows businesses to deliver training in short, TikTok-style videos. Kai Nicol-Schwarz is a reporter at Sifted. He tweets from @NicolSchwarzK. Related Articles Clubhouse has revealed the German tech scene’s lack of diversity By Miriam Partington in Berlin Click here to read more The downturn puts your CFO in the spotlight — and with good reason By Ilkka Kivimäki Click here to read more How to hire for diversity — from early to late stage Sponsored by Literal Humans Click here to read more The problems that COOs at Europe’s top startups are dealing with right now By Miriam Partington in Berlin Click here to read more Most Read 1 \Healthtech Is Daniel Ek’s new body scanner worth the hype? Sifted tried it out 2 \Venture Capital VC diversity needs to change — and white men need to take responsibility 3 \Venture Capital New €3.75bn European Investment Fund pot to back late-stage VCs 4 \Sustainability Counteract closes £15m fund for carbon removal solutions 5 \Mobility Was the $5bn that VCs plugged into escooters worth it?