DOCSLIB.ORG

European Accelerators Introduction

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
European Accelerators Introduction Report | Vienna, 2017 An introduction to European Accelerators Introduction Our newest research discovers performance and quality of European accelerators. We provide you with an overview as well as a ranking of the top 20 European accelerators. Our research team developed a scoring model to evaluate accelerators. However, it is quite tricky to distinguish between general early-stage funds, incubators, and accelerators, as the “naming” is not standardized yet. Therefore, we defined an “accelerator” as a fixed-term program that includes mentorship and educational components, culminating in a demo day and fundraising eventually. June 2017 Executive Summary The primary goal of our short report is to The conception of the accelerator dates back to 2005 and the appearance of Y Combinator, practically the first accelerator build provide an insight into the nature of on the framework we know today. Seedcamp, the first accelerator successful European accelerators. in Europe, launched in 2007. Since then, the number of European programs grews steadily with We did this by using our internally 26 new accelerators launched in 2015 alone. developed scoring model. In addition we Our methodology combines hard factors like follow-on provide a simple path of evolution of the investments, average exit-size and soft factors like reputation, acceptance rate, etc.. We used a weighted factor scoring model to ecosystem as well as our projections for rank Europe‘s leading accelerators and we will re-run our model further developments in this field. annually. The growing competition among accelerators led to a trend of „specializations“and called large corporates on stage. We identified IoT, SaaS, FinTech and Mobile as the four leading verticals currently supported by accelerators. June 2017 Best European Startup Accelerators of 2017 Besides providing an insight into the role of accelerators in today’s tech world, their appearance, and development, we also bring you the current ranking of the best European accelerators, based on our internally developed scoring model. For additional information please compare our recent article on The figures below represent an excerpt from our research and show diversifications of top 10 startups by country, the number of exits, and average exit size. Seedcamp UK Seedcamp 5 1 DEN 3 Wayra 4 23 21 Startupbootcamp 1 3 NED 7 NDRC MassChallenge 35 FR Diversification Diversification Diversification by NUMA/LeCamping by avg. exit size Wayra 1 by Country FIN the number of 10 (in millions of €) 15 exits Acccelerace IRE 16 NDRC Startupbootcamp 1 1 POR 8 Beta - i 17 1 1 FIN 15 16 Startup Sauna MassChallenge Source: Venionaire Capital, 2017 June 2017 RANKING Country Corporate and Total Investments Survival rate Equity Avg Exit Ranking Name (HQ Institutional Duration Workspace Investment Services Qualitative Scope (No. of Startups Exits (12 months Deal size location) Partners accelerated) after) Silicon Valley Bank, Mentorship, Partnership, Fintech, Cloud/SaaS, 1 Seedcamp PayPal, PwC, 3m Yes Yes €75k for 7% Network, Feedback, Analytics, eCommerce, 235 23 €35M 90% Google, Amazon Investment Media, Proptech Mentoring, Office MassChallenge Microsoft, IBM, JP 2 3-4m Yes No Space, Network, All Sectors, All Stages 160 8 21 98% Accelerator Morgan, Nestle Specialized Workshops €80k - €120k Financing, Mentoring, 3 Wayra Telefonica 3m Yes Yes depending Workspace, Network, All Sectors, All Stages 853 16 €17M 86% on maturity Events €15k per per team for Amazon, Deutsche living expenses, Free €25k Cash 4 Startupbootcamp Bank, Cisco, Allianz, 3m Yes Yes Office Space, NA 484 16 €10,15M 92% for 6% Mastercard Mentorship, Access to APAC Market, Network, Investing, Mentoring, €50k through 1on1 Mentoring, Fintech, Healthcare, 5 NEXT Amsterdam - up to 2y Yes Yes a 2 years 6 - - 100% Resource Pool, Network, IoT program Working Space €75k- €115k Funding, Mentoring, FinTech, Telecom, Beta-i (Lisabon 6 Caixa 2m Yes Yes Coinvestmen Structure, Validation, P- Retail, Enterprise, 163 3 - 95% Challenge) ts M Fit Industry 4.0, Mobility Mentoring, Network, up to 3,5% Demo Day, Investor equity stake meet Startups, Access to 7 NUMA/LeCamping BNP Paribas 3m Yes Yes All Sectors, All Stages 168 15 €9M 90% for Corporate Partners participation Network, 3 months free Office Space Mentorship, Marketing, PR, Business Model 8 NDRC Bank of Ireland 3-6m Yes Yes €30k - €100k All Sectors, All Stages 162 4 €15M 86% Innovation, Events, Network Mentoring, a €1000 9 Startup Sauna - 1,5m Yes No No Grant, Co-Working All Sectors, All Stages 182 5 - 86% Space, P-M Fit, Events Mentorship, Network, ICT, FoodTech, 10 Accelerace - 1-6m Yes Yes Yes Resources and tools CleanTech, Life Science 161 7 - 95% worth €50.000+ & BioTech June 2017 Country Total Investments Survival rate Corporate and Equity Ranking Name (HQ Duration Workspace Investment Services Qualitative Scope (No. of Startups Exits Avg Exit size (12 months Institutional Partners Deal location) accelerated) after) Coaching, digital 11 Eleven 3+m Yes Yes up to €125k Infrastructure, Global Fintech 155 1 - 93% Network Mentoring, Hatchery (free IT/Wifi), 12 Entrepreneurial Spark Ulster Bank, RBS 6 to 18m Yes No No All Sectors, All Stages 20 - - Workshops, Networks, Pitch Practice Mentoring, Pitch Axel Springer 13 Deutsche Bank 3m Yes Yes 25k for 5% Training, Network All Sectors, All Stages 95 1 92% Plug&Play Access, Investor Access Mentorship, technical Techstarts/Barclays expertise, Network 14 Barclays 3m Yes Yes up to £120k All Fintech 44 - - 98% Accelerator commujnity, alumni Techstars £50k - £250k Mentorship, Training, Early Stage Tech, Media, 15 Acccelerator Academy NatWest 3m Yes Yes 18 - - 94% for 3-5% Invetment Telecom Emerging Technologies Network, Mentoring, Nordea Startup (Cognitive Computing, 16 Nordea 3m No Yes €12k - €150k Workshops, Access to VC 21 - - 95% Accelerator AI, Blockchain, etc.); from Nestholma Digital Life and Pension; Mentoring, Training, Connections, 10,000 Life Science, ICT/Web, €30k-250k 17 Unicredit Start Lab Unicredit 12m Yes Yes Grant, Assessment CleanTech, Innovative 8 - - Coinvestments (Coworking and Network Made in Italy, FinTech for FinTech Accelerator) up to €22.500 Access to swiss plus €1.380 All Fintech, wealth Yes innovation ecosystem, 18 Kickstart Accelerator Credit Suisse, UBS 3m No monthly management, 4 - - (optional) Workshops, Training, founders blockchain Legal Support stipend Fiware, European up to €100k, no Guidance, Coaching, 19 IMPACT Accelerator Yes No Software, Mobile, SaaS 1 - - Commission equity Mentoring Mentoring, Market access, Network, post 20 Fabrica de Startups LG, Fidelidade, Sage 3-6m Yes No N/A Software, SaaS program location services June 2017 BACKGROUND Appearance of Accelerators The concept of an accelerator was conceived in 2005 in the US Certain main features of “typical” accelerators have remained with the appearance of and shortly followed by integrated into ideas of every upcoming accelerator, regardless in 2006. Y Combinator came as an innovative concept of how innovative or hybrid its business model might be. These that brought significant leaps in the development of the main features are: ecosystem, and in the creation of strings in a connection between startups and investors. One of the prominent examples openness, yet competitiveness of the selection process, of its innovative ideas is SAFE (Simple Agreement for Future provision of pre-seed investment (exchange for equity, Equity) – a non-debt, flexible, one document security convertibles, or against options), instrument, created to save startups and investors’ money in strong focus on development, legal fees and reduce the time spent negotiating the terms of team orientation, the investment. intensive programs in terms of mentoring, investment roadshows, European soil waited till 2007 for the launch of the first events and clusters of startups meant to enable a mutual accelerator - – in a form of an early stage fund (as exchange of ideas and know-how. they call themselves). It was originally founded by and and gave spark to the birth of a whole On top of that, the traditionally formulated time-limited new generation of entrepreneurs and big ideas on the European programs (of 3-6 months) usually ask for a compensation from continent. During the following decade, many new names in the startups included in the program – as a kind of kick-back forms of VCs and advisors have Seedcamp joined as partners from their initial investment. such as Index Ventures, Atomico Investments, Atlas Venture, and so on. Later on, we have witnessed the appearance of many new, fresh concepts in the market that combined different structures and business models. June 2017 Evolution of European Accelerators Milestones in development of European Accelerators: No. of new European accelerators launched 2007 - The launch of Seedcamp, officially the first 30 European accelerator, built on principles of US “pioneer accelerator” Y Combinator. 25 20 Between 2009 and 2015, the number of European accelerators grew consistently year-over-year, as the 15 benefits in lowering the cost of starting a business became evident. It brought the appearance of 10 Startupbootcamp, LeCamping, Barclays Accelerator and many other significant names. 5 1 8 21 26 0 2015-2017 - 26 accelerators were launched only in 2007 2010 2013 2016 2015, following the trend of focusing on one sector or vertical – fintech, real estate, media, and so on. This Source: Venionaire Capital, 2017 trend is often followed by different geographical preferences, so we
Load more

Recommended publications
  • The Startup and Venture Capital Trends Report
    //////////////////////////////////////////////////////////// STARTUP AND VENTURE CAPITAL TRENDS AT THE UNIVERSITY OF CALIFORNIA, BERKELEY THE INAUGURAL REPORT ON UC BERKELEY’S STARTUP ECOSYSTEM PREPARED BY: PUBLISHED AUGUST 2018 TABLE OF CONTENTS //////////////////////////////////////////////////////////////////////////////////////////////// PART ONE INTRODUCTION 3 About The Report 4 Data, Methodology and Key Definitions 5 Ecosystem Overview ABOUT STARTUP@BERKELEYLAW PART TWO ECOSYSTEM TRENDS Startup@BerkeleyLaw is an initiative of the Berkeley Center for Law and Business (BCLB) in collaboration with the Berkeley 8 Key Sector Trends Center for Law and Technology. BCLB is Berkeley Law’s hub for rigorous, relevant, and empirically-based research, 10 Venture Capital education, and programming on the interrelationships of the 11 Small Business Innovation Research law and business. Areas of focus include venture capital and entrepreneurship, corporate social responsibility, capital (SBIR) Grants markets, and mergers and acquisitions. 13 Demographic Trends Startup@BerkeleyLaw serves as UC Berkeley’s primary platform for training entrepreneurs, investors, and students on the legal, financial, and operational issues confronting PART THREE CONCLUSION early stage companies. Current undergraduate and graduate students, post docs, staff, faculty, and alumni from across 15 Closing Remarks UC Berkeley attend training workshops and lectures aimed to 16 Contributors enable them to be successful entrepreneurs from the very start of their endeavors. ABOUT
    [Show full text]
  • Meet the Husband-And-Wife Team That Run Angelpad, the Exclusive Startup Accelerator Whose Early Bet on Postmates Just Led to a $2.65 Billion Uber Acquisition
    Meet the husband-and-wife team that run AngelPad, the exclusive startup accelerator whose early bet on Postmates just led to a $2.65 billion Uber acquisition Troy Wolverton Jul 21, 2020, 3:27 PM AngelPad was one of the earliest accelerators — companies that help founders get their startups up and running — and is still going strong a decade later. Although it's less well known than some of its peers, AngelPad has had repeated successes and just scored a big hit when Postmates, one of its earliest startups, agreed earlier this month to be acquired by Uber for $2.7 billion. Unlike other accelerators, AngelPad has largely stayed true to the original vision of its founders, Carine Magescas and Thomas Korte; they still run its programs and mentor its startups. Magescas and Korte still enjoy working with founders and helping build solid companies. When Gautam Narang and his cofounders were launching Gatik three years ago, they knew they wanted to jumpstart their autonomous vehicle startup by going through an accelerator program. They also knew just which one they wanted to join — AngelPad. Accelerator programs oer aspiring founders a way to turn their ideas into nascent businesses. Although there are many of them now, AngelPad was among the rst. And unlike some of its more well- known peers, such as 500 Startups and Y Combinator, AngelPad has stayed close to its roots and largely under the radar. It's still run by the same two people, and it still only accepts a small group of companies into each of its accelerator groups.
    [Show full text]
  • Map of Funding Sources for EU XR Technologies
    This project has received funding from the European Union’s Horizon 2020 Research and Innovation Programme under Grant Agreement N° 825545. XR4ALL (Grant Agreement 825545) “eXtended Reality for All” Coordination and Support Action D5.1: Map of funding sources for XR technologies Issued by: LucidWeb Issue date: 30/08/2019 Due date: 31/08/2019 Work Package Leader: Europe Unlimited Start date of project: 01 December 2018 Duration: 30 months Document History Version Date Changes 0.1 05/08/2019 First draft 0.2 26/08/2019 First version submitted for partners review 1.0 30/08/2019 Final version incorporating partners input Dissemination Level PU Public Restricted to other programme participants (including the EC PP Services) Restricted to a group specified by the consortium (including the EC RE Services) CO Confidential, only for members of the consortium (including the EC) This project has received funding from the European Union’s Horizon 2020 Research and Innovation Programme under Grant Agreement N° 825545. Main authors Name Organisation Leen Segers, Diana del Olmo LCWB Quality reviewers Name Organisation Youssef Sabbah, Tanja Baltus EUN Jacques Verly, Alain Gallez I3D LEGAL NOTICE The information and views set out in this report are those of the authors and do not necessarily reflect the official opinion of the European Union. Neither the European Union institutions and bodies nor any person acting on their behalf may be held responsible for the use which may be made of the information contained therein. © XR4ALL Consortium, 2019 Reproduction is authorised provided the source is acknowledged. D5.1 Map of funding sources for XR technologies - 30/08/2019 Page 1 Table of Contents INTRODUCTION ................................................................................................................
    [Show full text]
  • The SAFE, the KISS, and the Note: a Survey of Startup Seed Financing Contracts
    Essay The SAFE, the KISS, and the Note: A Survey of Startup Seed Financing Contracts John F. Coyle† & Joseph M. Green†† INTRODUCTION Over the past decade, there has been an explosion in seed financing for early-stage technology startups.1 Increasingly, this seed financing is channeled to these companies via an entirely new form of investment contract—the deferred equity agree- ment.2 One version of this agreement—the Simple Agreement for Future Equity (SAFE)—made its debut in 2013. Another ver- sion—the Keep It Simple Security (KISS)—first appeared in 2014. While these instruments have attracted extensive atten- tion in the startup blogosphere, there exists remarkably little in- formation about the role they play in the real world.3 Nobody seems to know, for example, precisely who is using these new contracts. It is likewise unclear where exactly these agreements † Reef C. Ivey II Term Professor of Law, University of North Carolina at Chapel Hill. Copyright © John F. Coyle. †† Senior Legal Editor (Startups & Venture Capital), Thomson Reuters Practical Law. Thanks to Darian Ibrahim, Elizabeth Pollman, participants at the 2018 BYU Winter Deals Conference, and participants at the ABA Business Law Section 2018 Annual Meeting for their comments on an earlier draft of this Essay. Copyright © Joseph M. Green. 1. A seed financing is the initial round of capital raised by a startup com- pany, which typically uses those funds to begin the development of a prototype or alpha version of a product as it works to demonstrate proof of concept. 2. For a useful survey of the wide variety of instruments through which capital is funneled to startups, see Brad Bernthal, The Evolution of Entrepre- neurial Finance: A New Typology, 2018 BYU L.
    [Show full text]
  • UC Berkeley Other Recent Work
    UC Berkeley Other Recent Work Title From Research to Market:What the EU can learn from the USA? Permalink https://escholarship.org/uc/item/7zp5b130 Author Novikova, Jekaterina Publication Date 2019-06-12 eScholarship.org Powered by the California Digital Library University of California From Research to Market: 30/06/2019 What the EU can learn from the USA? Jekaterina Novikova EU FELLOW AT THE INSTUTUTE OF EUROPEAN STUDIES AT UC BERKELEY EU POLICY COORDINATOR AT THE EUROPEAN INNOVATION COUNCIL TASK FORCE Table of contents Executive Summary....................................................................................3 Introduction.................................................................................................4 1. From University Lab to Market..............................................................6 1.1. From Idea to Invention Disclosure...................................................7 1.2. To Patent or Not to Patent...............................................................8 1.3. Who and When is Bringing the Technology to Market?.................10 1.4. The Assessment of Technological Potential and Company Viability 13 1.5. Lab-to-market Example: Neuroracer’s Video Game.......................16 2. Governmental Measures Facilitating the Transition of Research Results to Market...................................................................................................17 2.1. Fellowship to Support Entrepreneurial Scientists (example of Cyclotron Road)......................................................................................18
    [Show full text]
  • The Role of Public Policy in Supporting Business Accelerators
    Working Paper The Role of Public Policy in Supporting Business Accelerators Daniel Basco, Carlos Ignacio Gutierrez, Marlon Graf Pardee RAND Graduate School WR-1271 September 2018 RAND working papers are intended to share researchers’ latest findings and to solicit informal peer review. They have been approved for circulation by Pardee RAND Graduate School but have not been formally edited or peer reviewed. Unless otherwise indicated, working papers can be quoted and cited without permission of the author, provided the source is clearly referred to as a working paper. RAND’s publications do not necessarily reflect the opinions of its research clients and sponsors. R® is a registered trademark. For more information on this publication, visit www.rand.org/pubs/working_papers/WR1271.html Published by the RAND Corporation, Santa Monica, Calif. © Copyright 2018 RAND Corporation R® is a registered trademark Limited Print and Electronic Distribution Rights This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited. Permission is given to duplicate this document for personal use only, as long as it is unaltered and complete. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial use. For information on reprint and linking permissions, please visit www.rand.org/pubs/permissions.html. The RAND Corporation is a research organization that develops solutions to public policy challenges to help make communities throughout the world safer and more secure, healthier and more prosperous. RAND is nonprofit, nonpartisan, and committed to the public interest.
    [Show full text]
  • Y Combinator Cap Table Template
    Y Combinator Cap Table Template Mattie cut-offs his professorate mulls oftentimes or goniometrically after Quigman plait and take-in spinally, guttering and purulent. Put-on and dishy Sigmund physicking while decretory Salomone sentinels her haler therefore and rough-drying chargeably. Uraemia Tremain account everlastingly while Jereme always reconditions his flummery gritting bias, he stoves so shrilly. Decide if you want to you, and everything clear call ben or some things like to engage with y combinator It bounce a fresh agreement between partners, but cereal are good templates to follow. Letter indemnification agreement template cap tables for startups prefer safe convertible securities and. Please enter the cap tables. So cannot be sure your news release, versus a new initiatives intended to invest in the amount of confidential document to? Enter your cap tables for an investor know your. Understand the cap tables are not investing because of the mistakes can provide. Google Sheet which makes collaboration between founders easy. Stock plan Agreement for other deal. Startups receive the tap now create the valuation is decided in yet later round. Money SAFE as further best financial instrument for documenting the sale of equity too early investors. How different I hope an external pool? SAFE converts at the agreed upon capped value. Some nice tracking, and communicate clearly set up and vcs see if you continue to the. Do vcs really care of shares, simple examples from that invites ruinously expensive to change the agreed terms outlined in their bearings and also a challenging assumptions. Professionally designed agreements are initial key ingredient in graduate business relationship.
    [Show full text]
  • Thebreakoutlist,2015
    The Breakout List, 2015 If you join a company, my general advice is to join a company on a breakout trajectory. Sam Altman, President at Y Combinator The Breakout List shows great companies to join. Who is the list for? The list is not for venture capitalists, or salespeople. While they use the list, the priority is for the list to be useful to ambitious engineers/other people working in tech. Salespeople and venture capitalists — I would suggest Mattermark or Datafox or similar, both of which are great. The goal of this list is to help you choose a company where you will be exposed to the best people and best opportunities. Why these companies? Disclaimer (stolen from Marc Andreessen) ● “These posts are aimed at high-potential people who want to excel throughout their ca- reers and make a significant impact on their fields and the world. These posts are not appropriate for people for whom work/life balance is a high priority or for whom lifestyle is particularly important – if that’s you, there are plenty of existing career planning re- sources for you already!” “Optimize at all times for being in the most dynamic and exciting pond you can find. That is where the great opportunities can be found.” “Apply this rule when selecting which company to go to. Go to the company where all the action is happening.” Let’s combine this with some advice from Charlie Munger. Charlie would tell us to look for a ‘lollapalooza’ — where we have multiple factors at once. Relevant factors that cause a company to have a lot of ‘action happening’ ● breakout revenue growth (i.e.
    [Show full text]
  • The Startup Factories. the Rise of Accelerator Programmes
    Discussion paper: June 2011 The Startup Factories The rise of accelerator programmes to support new technology ventures Paul Miller and Kirsten Bound NESTA is the UK’s foremost independent expert on how innovation can solve some of the country’s major economic and social challenges. Its work is enabled by an endowment, funded by the National Lottery, and it operates at no cost to the government or taxpayer. NESTA is a world leader in its field and carries out its work through a blend of experimental programmes, analytical research and investment in early- stage companies. www.nesta.org.uk Executive summary Over the past six years, a new method of incubating technology startups has emerged, driven by investors and successful tech entrepreneurs: the accelerator programme. Despite growing interest in the model from the investment, business education and policy communities, there have been few attempts at formal analysis.1 This report is a first step towards a more informed critique of the phenomenon, as part of a broader effort among both public and private sectors to understand how to better support the growth of innovative startups. The accelerator programme model comprises five main features. The combination of these sets it apart from other approaches to investment or business incubation: • An application process that is open to all, yet highly competitive. • Provision of pre-seed investment, usually in exchange for equity. • A focus on small teams not individual founders. • Time-limited support comprising programmed events and intensive mentoring. • Cohorts or ‘classes’ of startups rather than individual companies. The number of accelerator programmes has grown rapidly in the US over the past few years and there are signs that more recently, the trend is being replicated in Europe.
    [Show full text]
  • ACCELERATING STARTUPS in EMERGING MARKETS: Insights from 43 Programs MAY 2017
    ACCELERATING STARTUPS IN EMERGING MARKETS: Insights from 43 Programs MAY 2017 INSIGHTS FROM FIFTEEN VILLAGE CAPITAL PROGRAMS A SOCIALENTERPRISEGOIZUETA Acknowledgements The Global Accelerator Learning Initiative (GALI) is made possible by its co-creators and founding sponsors, including the U.S. Global Development Lab at the U.S. Agency for International Development, Omidyar Network, The Lemelson Foundation, and the Argidius Foundation. Additional support for GALI has been provided by the Kauffman Foundation, Stichting DOEN, and Citibanamex. We continue to thank our Research Team colleagues at these different organizations for their ongoing Peter W. Roberts, Academic Director encouragement and support. Social Enterprise @ Goizueta, Emory University This report would not have been possible without the Genevieve Edens, Director of Research & Impact participation of dozens of accelerator programs that Aspen Network of Development Entrepreneurs partnered with the Entrepreneurship Database Program Abigayle Davidson, Research Analyst to collect information from entrepreneurs. In addition we Aspen Network of Development Entrepreneurs are grateful to the entrepreneurs, program managers, investors, and other thought leaders who participated in Edward Thomas, Senior Manager our interviews, served on our expert panel, and provided Deloitte reflections on our findings. We thank them all for their time Cindy Chao, Manager and for their valuable insights. Deloitte Finally, we thank Michael Belles, Sol Eskenazi, Naomi Kerri Heidkamp, Senior Consultant Maisel, and Daina Ruback for stepping up to support the Deloitte many interviews that we conducted with entrepreneurs, Jo-Hannah Yeo, Consultant program managers, and investors. Their time and talents Deloitte are appreciated! About the Programs Behind this Report Global Accelerator Learning Initiative The Global Accelerator Learning Initiative (GALI) is a collaboration between the Aspen Network of Development Entrepreneurs (ANDE) and Social Enterprise @ Goizueta (SE@G) at Emory University.
    [Show full text]
  • Building for the Future
    FEBRUARY 2019 CONSTRUCTION & TECHNOLOGY: BUILDING FOR THE FUTURE CONSTRUCTION & TECHNOLOGY: BUILDING FOR THE FUTURE ABOUT THE AUTHOR Navitas Capital is a venture capital firm focused on early-stage technology investments for the real estate and construction industries. Current and past portfolio companies include Katerra, PlanGrid (Autodesk), Matterport, Truss, HqO, Bowery, Aquicore, Livly, Gridium, View, Honest Buildings, Harbor, PeerStreet, Sweeten, Comfy (Siemens) and Can2Go (Schneider Electric). Navitas offers a unique perspective on the built world spanning multiple venture capital funds since 2011, as well as the partners’ own experience owning, managing, and developing over $1B in real estate assets. Navitas’ combination of venture capital & real estate experience, along with the ability to test and deploy cutting-edge technology across its own portfolio, creates a unique investment platform for its portfolio companies and limited partners. Beyond its own capital and real estate, Navitas helps startups scale rapidly by facilitating access to Navitas' network of industry leading LPs with global scale. Navitas’ investment strategy is to provide a combination of growth capital, industry expertise, and market access to high growth technology companies. Navitas is currently investing out of its second VC fund that includes anchor strategic commitments from a number of industry leading LPs. Please visit our website for more information. NORTHERN CALIFORNIA 1111 Broadway Ave. Oakland, CA 94608 SOUTHERN CALIFORNIA 9460 Wilshire Blvd. Suite
    [Show full text]
  • A LOOK INSIDE ACCELERATORS Building Businesses
    A LOOK INSIDE ACCELERATORS Building Businesses Bart Clarysse, Mike Wright and Jonas Van Hove February 2015 ACKNOWLEDGEMENTS Many thanks for additional comments and input from the Nesta team: Jessica Stacey, Christopher Haley and Valerie Mocker. The authors are also grateful for the insightful feedback and support during the interviews from Caroline Françoise, Philippe Mustar and Iris Vanaelst. This work benefited from interviews with the ‘Innovation Directors’ of the accelerators: • Paul Miller, Bethnal Green Ventures • Dr. Jens Pippig, ProSiebenSat.1 Accelerator • Samad Masood, Fintech Innovation Lab • Stephan Jacquemot, Microsoft Ventures • Jon Bradford, Techstars London Accelerator Berlin • Yashu Reddy, Healthbox Europe • Alex Farcet, Startupbootcamp • Andrew Burford, Climate–KIC UK • Elise Nebout, Le Camping • Jean Christophe Duval, Climate–KIC • Oussama Ammar, TheFamily France • Eric Vaysset, Scientipole Initiative • Jörg Rheinboldt and Robin Haak, Axel Springer Plug & Play Accelerator • Michel Guilhermier, L’Accélérator AUTHORS Bart Clarysse: Imperial College Business School Mike Wright: Enterprise Research Centre, Imperial College Business School and University of Ghent Jonas van Hove: Imperial College Business School Nesta is an innovation charity with a mission to help people and organisations bring great ideas to life. We are dedicated to supporting ideas that can help improve all our lives, with activities ranging from early–stage investment to in–depth research and practical programmes. Nesta is a registered charity in England and Wales with company number 7706036 and charity number 1144091. Registered as a charity in Scotland number SCO42833. Registered office: 1 Plough Place, London, EC4A 1DE. www.nesta.org.uk ©Nesta 2015 3 A LOOK INSIDE ACCELERATORS A LOOK INSIDE ACCELERATORS Building Businesses CONTENTS FOREWORD 4 EXECUTIVE SUMMARY 5 1.
    [Show full text]