Chicago’s Excelerate Labs Graduates Ten Startups

Chicago's local incubator, Excelerate Labs, held its demo day yesterday, with the program's ten startups set to graduate. Excelerate, which offers startups $50,000 in convertible debt from New World Ventures (similar to The Start Fund model), counts Lightbank, New World, DFJ Mercury, OCA Ventures, Tim Draper, Sam Yagan and Troy Henikoff as limited partners. Here’s a brief look at the startups...