Zeroth, a China-based accelerator backed by mobile game publisher Animoca Brands, has partnered with Deepcore, the artificial intelligence (AI)-focused fund of telecommunications conglomerate SoftBank, according to Deal Street Asia.
Through the strategic partnership, Zeroth and DeepCore will share information and work together to invest in artificial intelligence technologies in Asia.
Formed by SoftBank in January this year, DeepCore helps launch AI-focused companies in Japan and makes venture capital investments in seed and early-stage startups.
Zeroth’s accelerator program provides funding and mentoring to machine learning and AI-focused startups. The company has worked with 33 companies to date.
Last month, Australia-based mobile game publisher Animoca Brands agreed a A$1.5m ($1m) deal to buy a 67% stake in Venture Classic Limited, the operational company of Zeroth.