Hamburg, Germany, 27.09.2021 — ThreadBasket, a stock design platform helping print-on-demand businesses launch faster, cheaper and with better artwork, was accepted into Newchip’s renowned global accelerator program. Designed to provide all the skills and tools founders need to rapidly fund, build and scale their companies, past accelerator cohorts averaged more than 17.5 times the average funding amount. The equity-free, fully digital accelerator has helped over 1,000 founders from 35 countries raise over $300 million in funding.
“Newchip evaluates a vast number of companies from across the globe, selecting a small percentage to join our accelerator,” says Armando Vera Carvajal, Vice President of Product at Newchip. “This strict selection process makes us an ideal partner for investors looking for promising start-ups. Stock graphics companies like ThreadBasket can scale quickly with proper funding and guidance. We are excited for ThreadBasket and believe they will do well at Newchip.”
Stock graphics companies like ThreadBasket can scale quickly with proper funding and guidance.Armando Vera Carvajal, President of Product at Newchip
Founded in 2017, ThreadBasket has evolved into a subscription-based stock imagery service tailored towards the merchandising and print-on-demand industry, which has been growing significantly in recent years and will fundamentally change the e-commerce landscape.
“Being accepted into the Newchip Accelerator, we are excited to learn from business experts with strong track-records of success and connect with investors throughout the globe interested in our industry.” says Christian Heidorn (Co-Founder & CEO). “After bootstrapping our business from the ground up, we are keen to take things to the next level.”
ThreadBasket is a stock design platform helping print-on-demand businesses launch faster, cheaper and with better artwork. It was founded by former print-on-demand sellers, Christian Heidorn and Felix Schuldt, after turning their long-standing side-hustles and passion for digital art into a business. ThreadBasket is on a mission to provide high-end yet affordable artwork to thousands of print-on-demand stores so they can focus on what they do best: selling products. For more information on how ThreadBasket can help your business or to sign up for a free trial membership visit www.threadbasket.com.
Newchip is an online, global startup accelerator, led by a world-class team of entrepreneurs and investors. It was designed to provide founders with the tools needed to rapidly fund, build, and scale. Since its inception in 2019, the equity-free, remote accelerator has helped over 1,000 founders from 35+ countries raise over $300 million in funding. It has three distinct six-month accelerator programs based on company stage: Pre-Seed, Seed, and Series A. Its vast network of global investors, strategic partners, and mentors guide companies from team building and prototype development to securing high-profile VC investment, corporate partnerships, and everything in-between. To learn more visit https://launch.newchip.com/.