Press Release (ePRNews.com) - Feb 18, 2021 - Spider Labs, Ltd., (Minato-ku, Tokyo; President: Satoko Ohtsuki, hereinafter called Spider Labs) has been selected to participate in the East Coast Expansion Course of X-HUB TOKYO, a global startup accelerator program sponsored by the Tokyo Metropolitan Government. Spider Labs aims to further expand activities globally by leveraging the North American startup ecosystem.
Background Spider Labs has been strengthening its global expansion since opening its Portugal office in April 2019. Since market information and networking with globally active innovators are indispensable to accelerate the business, the company applied for X-HUB TOKYO’s North American East Coast Expansion Course. Spider Labs delivered their business model and solutions during a pitch presentation and was successfully selected as a finalist for the program.
X-HUB TOKYO supports the expansion of local businesses to build a larger scale of global startups from Tokyo, along with the goal of maintaining the capital’s competitiveness and growth as an international city. The six courses – U.S. West Coast, East Coast, Shenzhen, Singapore, Germany, and Web Summit – provide opportunities for the selected Tokyo startups to collaborate with global accelerators familiar with the regional ecosystems to partner with potential businesses and raise capital from investors through bootcamps and mentorships.
*This project will be jointly managed by Deloitte Touche Tohmatsu Limited, commissioned by the Tokyo Metropolitan Government and the Japan External Trade Organization (JETRO)
Spider Labs / CEO Satoko Otsuki We are very pleased to have this opportunity to be selected by X-HUB Tokyo. We have been expanding our anti-ad fraud service, Spider AF, on a global scale, and this program is the first step to accelerate our sales expansion and business growth.
Future Activities For three months, Spider Labs will work together with VentureOut, a global accelerator company, and other businesses with expertise in North America’s East Coast ecosystem. The group aims to guide Spider Labs to polish their business pitch and materials, and train them to deliver and negotiate their proposition in English.
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