Entrepreneurs and investors Vidya Dinamani, Allison Long Pettine and Silvia Mah founded Ad Astra in 2018 with the goal of helping women founders grow their businesses.

Entrepreneurs and investors Vidya Dinamani, Allison Long Pettine and Silvia Mah founded Ad Astra in 2018 with the goal of helping women founders grow their businesses. Photo by Jamie Scott Lytle.

Ad Astra opened applications for it’s third cohort of female-led startups. 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 in exchange for a five percent equity stake. The eight-week program will take place from April 8 through May 31. Founders can apply online by March 8 at adastra.ventures/application/.