22 Top German Startups Selected to Join the German Accelerator Tech Program

Munich, October 23rd, 2017

Last Thursday, founders, entrepreneurs, investors, and others from the German startup ecosystem gathered for the bi-annual Celebrating Innovation event in Munich. The crowd of over 300 guests was eager to find out which startups would have the opportunity to expand to the U.S. market with the support of German Accelerator Tech.

German Accelerator Tech’s selection committee spent two days getting to know 30 of the most promising German companies in person. The startups’ founders were invited to Munich from all over Germany to give a 60-second pitch and answer the selection committee’s questions. Thursday night, the 22 winners were announced during a celebratory event at the Alte Bayerische Staatsbank, in Munich’s city center.

All winners of Celebrating Innovation united on stage
 

In 2018, with the support of the German Accelerator Tech program, the 22 selected startups will have the opportunity to prove themselves in one of the world’s largest markets, the U.S. As part of the three to nine-month program, the startups will receive extensive coaching from the German Accelerator Tech team, hands-on mentoring, free office space, tailored workshops, unparalleled networking opportunities, and much more. They will become part of a vibrant startup community and receive the tools and resources needed in order to successfully and strategically scale to the U.S. – all while being fully immersed in the innovative Silicon Valley, San Francisco, or New York City startup ecosystem.

The program is primarily financed by the German Ministry of Economic Affairs and is completely free for the participating companies – they do not provide any equity nor pay any fees. The goal of the program is to help German companies scale internationally, and, as a result, to create jobs in Germany. The program therefore helps strengthens Germany as an innovation hub and the “Made in Germany” brand.

German Accelerator Tech’s track record demonstrates the success of the program. Thus far, German Accelerator Tech portfolio companies have raised more than $500M, 92% of them are still in business, and 10 have had notable exits. The 22 recently selected program participants have a bright future ahead of them.

Investors who attended Celebrating Innovation, such as Robert Wuttke, founding partner at 10x.group, expressed their excitement: “This event shows how many German startups have a chance in Silicon Valley due to their quality.” Maximilian Vrecko, investment manager at Surplus Invest GmbH, believes that exposure to the U.S. market will benefit the 22 winners: “Every founder who once has had to assert themselves in the U.S., comes back to Germany as a better entrepreneur.”

One of the Celebrating Innovation winners, Toposens, is a Munich-based startup that offers the world’s first 3D sensor system based on embedded software for ultrasound – used for innovative applications such as autonomous parking or anonymous people tracking. Barbara Brauner, Head of Business Development at Toposens, is thrilled about their acceptance into the program: “We are very well connected in the German automotive industry already – now we are looking forward to building our U.S. network with the help of German Accelerator Tech.” Franz Riedl, co-founder and COO of the Berlin-based startup Styla, agrees: “A new market entry is a special challenge. We are convinced that thanks to its workshops, mentors, and network, German Accelerator Tech will be of great help for us in conquering the most important global market.”    

List of selected German Accelerator Tech winners:

Geman Accelerator Tech Silicon Valley:
FRANKA EMIKA
GWA Hygiene
Mesaic
parlamind
RiseML
Tandemploy
timee
Toposens
Twenty Billion Neurons
Uberchord
volabo

German Accelerator Tech New York:
adpack
AMBOSS/MIAMED
DreamCheaper
FinReach
Higgs
Inkitt
ProGlove
Shore
SMACC
Smart Reporting
Styla

About German Accelerator:
German Accelerator Tech is a three to nine-month growth accelerator empowering high-potential German tech startups to successfully enter the U.S. market with a program tailored to their needs. Through extensive hands-on mentoring, free office space, and immediate access to a top-notch network, selected companies are fully immersed in the Silicon Valley or New York City ecosystem right upon arrival. They are exposed to a dynamic international environment and dive into the world’s capitals for innovation and startup success. With the support of German Accelerator, startups save precious time and money in building their business in the world’s largest market. German Accelerator Tech was initiated in 2012 and is funded by the German Ministry of Economic Affairs as well as corporate partners. More than 150 companies have graduated from the program thus far. As of January 2016, German Accelerator has expanded its services and now also supports young German Life Sciences companies to enter the U.S. market via Boston.

Press Contact German Accelerator Tech:
Stephanie Korbely
German Accelerator
433 Broadway
2nd Floor
Mobile: +1 929 382 0965
Email: stephanie@germanaccelerator.com

German Accelerator Selects 20 Startups for Its Mentoring Program in the U.S.

Berlin, May 2nd, 2017

Young tech companies pitch their business ideas in Berlin – and get the unique chance to expand to the U.S. under professional guidance.

What does it take for German excellence to conquer the U.S. market? Since 2012, the secret formula is called: German Accelerator. Last Thursday, the German Accelerator Tech once again admitted promising German startups to its unique mentoring program. In the presence of the German Minister of Economics and Energy, Brigitte Zypries, 20 young companies were selected to join the class for Summer/Fall 2017. Under professional instruction and guidance, they will be given the chance to prove their potential in one of the most important international markets. Talented German founders will have the opportunity to spend three months on location in New York, Silicon Valley, and San Francisco in order to make valuable connections, expand their know-how and gain new experiences. The German Accelerator network consists of 150 experienced mentors who will support the startups. Keynote speaker Dr. Gero Decker, CEO of business software specialist Signavio and former German Accelerator participant, congratulated the winners by saying, “Now go to the U.S. and build the next SAP. Good luck!”

The track record of the government-funded German mentoring program shows that this is a legitimate expectation: So far, German Accelerator Tech alumni companies have raised $150MM in funding after they completed the program. 92% of startups supported through the program are still in business. The program’s five-year track record also impressed Brigitte Zypries, Minister of Economics and Energy: She was happy that, through the support of the German Accelerator, young companies ultimately created jobs in Germany and strengthened Germany as an innovation hub. A venture capitalist attending the event appreciated the high quality of the selected startups: “Many of them I hadn’t had on my radar yet.”

The current German Accelerator winners are happy about so much trust. Each of them had 60 seconds in order to pitch their business to the 400 guests in the Fernsehwerft event location in Berlin. One minute for a business pitch? This is not really a challenge for Sebastian Spies, CEO of Datapath.io – after all, his company’s specialty is speed: “I have 60 seconds. I don’t need them. Tick tack. Datapath.io is faster! No pun intended.” The software of the Mainz-based German startup expedites server requests from corporations. Thanks to Datapath.io, for example, the digital financial service provider N26 can process its customers’ credit card transactions in a faster and safer way. An idea made for the U.S. market and U.S. customers: While in 2015 there were only 955MM credit card transactions in Germany, there were almost 30BN in the U.S.

Great numbers, promising forecasts – in line with this, the atmosphere was exuberant at the event on Thursday. “Celebrating Innovation” was the motto of the evening, and that’s exactly what guests did. Additional entertainment was provided by a verbal exchange between the German Accelerator team and mentors of both New York and San Francisco. Both cities are equally attractive to tourists and entrepreneurs – but which one wins over the other? Ram Srinivasan, tech mentor for German Accelerator in San Francisco, promoted his location: “We love the outdoors to relax from all the hard work we do.” Christian Busch, CEO of German Accelerator Tech in New York, retaliated: “Entrepreneurs want to come to New York City because they feel among themselves – driven people!” Also, the culinary offer in New York was unparalleled: “New York wins in food choices anyday!”

List of most recent German Accelerator Tech winners:

New York

Acellere

Adsquare

CONTENTSERV

Crossengage

Hornetsecurity

MovingImage

Spectrm

SpeechAgain

 

San Francisco/Silicon Valley

360Dialog

Cleverciti Systems

Datapath.io

DyeMansion

Ferroelectric Memory

GreenPocket

Loodse

Perdoo

RE’FLEKT

Terraloupe

Ubimax

Understand.ai

About German Accelerator:

The German Accelerator is a growth acceleration program that supports German startups from Tech related sectors to enter the U.S. market. It provides startups with hands-on mentoring and office space at its locations in Silicon Valley, San Francisco, and New York City. German Accelerator identifies and selects the most promising German startups and assists them in their pursuit of becoming category leaders with lasting competitiveness and success in the global marketplace. The accelerator’s vision is to foster the international growth of German tech startups by supporting them with an effective and efficient entry into the U.S. market with its dedicated mentors. As of January 2016, German Accelerator has expanded its services and now also supports young German Life Sciences companies to enter the U.S. market via Boston.

For more information and to submit an application visit germanaccelerator.com, check out LinkedIn, engage on Facebook or follow us on Twitter.

Press Contact German Accelerator Tech:
Stephanie Korbely
German Accelerator Inc.
433 Broadway, New York, NY 10013
stephanie@germanaccelerator.com

 

Six German Entrepreneurs Pitch at Captivate Silicon Valley (11th Edition)

Redwood City, March 22, 2017

German Accelerator’s Q1 2017 program participant Fit Analytics, one of Germany’s top tech startups, successfully graduated from its three-month acceleration program with a final pitch at Captivate Silicon Valley.

The 11th edition of German Accelerator Silicon Valley’s Captivate  once again, took place in the heart of Silicon Valley at HanaHaus in Palo Alto, where German Accelerator welcomed more than 130 guests from the local tech community.

For the first time German Accelerator opened its doors to external startups with a strong German background as well. At this event Shop.Co and GYANT joined to pitch. Further, German Accelerator welcomed the best three startups off GACC‘s STEP program in Silicon Valley, a five day immersion program that helps German entrepreneurs to explore the Silicon Valley business ecosystem.

The following startups presented on stage:

Fit Analytics

GYANT

Shop.Co

Scoutbee

Cindicis

CADAMI

Fit Analytics’ Joshua Amrani pitching in front of 130 guests at the sold out venue.

Following each pitch, the expert panel featuring Thomas Vogel (Investment Director at Deutsche Telekom), Boris Hageney (Director at Global Founders Capital), and Jonathan Barker (Partner at Thomvest Ventures) provided business insights, along with challenging questions and astute feedback.

Throughout the night, attendees were provided with ample opportunities to expand their professional network, while engaging first-hand with Germany’s thriving startup environment.

Following the pitches, the audience was provided with the opportunity to put themselves into the shoes of an investor to vote for the “Best Investor Pitch” of the night. Congratulations to the winner Shop.Co !

With that, we are wrapping up Q1 2017 and are looking forward to our Silicon Valley Q2 cohort starting in April. The next Captivate Silicon Valley will take place on June 22, 2017 at Hanahaus, Palo Alto.

About German Accelerator:

The German Accelerator Tech program is a growth acceleration program that supports German startups from tech related sectors to enter the U.S. market. It provides startups with hands-on monitoring and office space at its locations in Silicon Valley, San Francisco, and New York City. German Accelerator identifies and selects the most promising German startups and assists them in their pursuit of becoming category leaders with lasting competitiveness and success in the global marketplace. The accelerator’s vision is to establish a permanent bridge between Germany and the U.S. that facilitates transatlantic startups, provides inspiration and drives demand, innovation, research, and development in Germany.

For more information and to submit an application visit germanaccelerator.com, engage on Facebook or follow us on Twitter.

Press Contact:

Sara Staengle
German Accelerator Inc.
Broadway, Redwood City, CA 94063
Email here.

Ready, Set, Pitch – German Accelerator New York Hosts Captivate New York (7th Edition)

New York, March 23, 2017

For the seventh time, German Accelerator New York hosted its quarterly Captivate New York event, featuring pitches from the 2017 Q1 class, consisting of ArtiMinds Robotics, Kaia Health, MyPostcard, NavVis, and Opinary.

Once again, German Accelerator New York welcomed around 100 guests from the New York tech community to its 7th edition of Captivate at Rise New York. The quarterly event, Captivate, features best-in-class German startups that have recently completed and graduated from German Accelerator Tech’s three-month acceleration and immersion program.

German Accelerator New York CEO, Christian Busch, kicked off the event and welcomed the crowd and introduced the panel made up of Venture Capitalists and experts from the startup space. Teddy Goldstein, Head of Operations, then introduced the format – 5-minute pitch, followed by a 5-minute Q&A. In addition, it was announced that the audience would have the opportunity vote for the “Best Pitch Award.”

Following each pitch, the expert panel, consisting of Josh Guttman (Partner at SoftBank Capital), Marc Michel (Managing Partner at Runway Venture Partners), and David Segura (Entrepreneur and Angel Investor) provided business insights, along with challenging questions, as well as astute feedback.

One after another, each company took the stage and pitched their business (in order of appearance):

NavVis: With NavVis one will not get lost in indoor spaces anymore. The company’s trolley creates photorealistic 3D models of indoor spaces such as airports, train stations, malls, etc.

Kaia Health: Kaia is a digital pharmaceutical company, offering a mobile application that helps people with chronic back pain.

MyPostcard: With the MyPostcard App, one can snap a picture, upload it to the app, and send it as a physical postcard to and from anywhere in the world.

Oliver Kray, CEO and Founder of MyPostcard

 

ArtiMinds Robotics: ArtiMinds specializes in the development of complex, sensor-adaptive motion programs for robot arms, grippers and tools.

Opinary: Opinary makes opinions matter. The interactive technology lets users grasp a debate at a glance and voice their opinion with a single click.

Throughout the night, attendees were provided ample opportunities to expand their professional network, get to know German Accelerator, while engaging first-hand with Germany’s thriving startup environment.

Congratulations to the 2017 Q1 New York graduates

 

German Accelerator is happy to announce that Oliver Kray, CEO and Founder of MyPostcard won “Best Pitch Award.” Captivate New York (7th Edition) wrapped up the first quarter of 2017. German Accelerator is now looking forward to the incoming class – Adnymics, AdSquare, and Spacebase.

About German Accelerator:

The German Accelerator Tech program is a growth acceleration program that supports German startups from tech-related sectors to enter the U.S. market. It provides startups with hands-on monitoring and office space at its locations in Silicon Valley, San Francisco, and New York City. German Accelerator identifies and selects the most promising German startups and assists them in their pursuit of becoming category leaders with lasting competitiveness and success in the global market place. The accelerator’s vision is to establish a permanent bridge between Germany and the U.S. that facilitates transatlantic startups, provides inspiration and drives demand, innovation, research, and development in Germany.

For more information and to submit an application visit germanaccelerator.com, check out LinkedIn, engage on Facebook or follow us on Twitter.

Press Contact:
Marie Klemme
German Accelerator Inc.
433 Broadway, New York, NY 10013
Email here.

German Accelerator Tech nominates Germany’s most innovative Tech startups to dive into Silicon Valley and New York City

Berlin, Germany / Palo Alto, CA / New York, NY (October 15, 2015) – The winners are chosen! 18 German startups got selected to participate in German Accelerator Tech’s Q1 and Q2 2016 batches.

German Accelerator Tech is pleased to announce the selection of the winning startups that will spend three to twelve months in New York City and Silicon Valley, where they will profit from our unique mentoring network. Out of a pool of about 80 applying, a group of finalists were invited to present their business ideas to an international jury of experts after going through an intense multi-tier selection process. After seeing all pitches, the Steering Committee in charge of the selection, closed the session and presented the following results:

Continue reading “German Accelerator Tech nominates Germany’s most innovative Tech startups to dive into Silicon Valley and New York City”