From left: Entrepreneurs and investors Vidya Dinamani, Allison Long Pettine and Silvia Mah founded Ad Astra earlier this year with the goal of increasing the number of women founders. Three startups are enrolled in its inaugural accelerator program.

From left: Entrepreneurs and investors Vidya Dinamani, Allison Long Pettine and Silvia Mah founded Ad Astra earlier this year with the goal of increasing the number of women founders. Three startups are enrolled in its inaugural accelerator program. Photo by Jamie Scott Lytle.

Ad Astra Ventures opened applications for its third cohort of female-led startups, the accelerator announced on Feb. 26.

The accelerator was founded last year by investors and entrepreneurs Vidya Dinamani, founder of Product Rebels; Allison Long Pettine, founder of Crescent Ridge Partners; and Silvia Mah, founder and executive director of Hera Labs.

To date, Ad Astra has graduated six companies, including its most recent life sciences alumnae Hydrostasis, Vivid Genomics and Cooler Heads. Its first cohort included a mix of technology and consumer products.

Participants selected for the accelerator will receive business training, formal mentoring and a $20,000 seed investment. The eight-week program will take place from April 8 through May 31. Founders can apply online by March 8 at adastra.ventures/application/.