Pioneering digital product studio, Format-3, has supported the raise over $100 million for tech start-ups over the last 2 years alone through its unique incubator model – innovation accelerator.
Established in January 2023 by entrepreneur and founder, Hardy Sidhu, Format-3 aims to redefine how businesses create and scale world-class apps, platforms and digital products.
Developed to redefine the traditional agency model by collaborating with businesses to build advanced, innovative and people-first digital products, Format-3 has scaled from a single idea into a global team of 25 digital experts in just two years – now operating from two head offices and four satellite hubs.
Working across seven industries and four time zones, Format-3 has delivered over 250 prototypes and concepts, made four breakthrough discoveries, and hosted 29 collaborative workshops since inception. Its success has been driven by the development of its unique incubator hub – innovation accelerator – where it partners with clients to build pioneering digital products, set to disrupt and shape the future of the global tech industry.
Since launching the innovation accelerator, the Format-3 team have collaborated with over 12 tech start-ups globally, while helping to raise over $100 million to support the subsequent growth and scale of disruptive digital products.
Hardy Sidhu, Founder and CEO of Format-3, “We have worked incredibly hard to challenge the traditional agency model and ensure that Format-3 is widely perceived as an innovation incubator, partner and creator of outstanding digital products.
In combining focus, trust and transparency, we have not only built a highly engaged and motivated team, but also a centre of digital excellence that drives meaningful innovation. I am, therefore, incredibly proud of the support we have delivered to start-ups to date and we now plan hone this approach to market and drive continued innovation, fundraising and growth throughout the global tech industry.”
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