Accelerace’s acceleration programs are based in Denmark, but most can be participated in remotely. All their programs are free of charge, no equity taken. They have an extensive network of corporate partners internationally, especially in Europe.
Most of their programs can be participated in remotely, but some may require either physical presence or a registered in Denmark.
Their focus areas are life science, sound, energy, food and beverage, entertainment, IoT. They run more than one program per year per average in each of their focus areas, and typically at least one program’s application period is open on any given time.
They have a fund to invest in the best of their participating startups. The investment tickets are 500k DKK, which is approximately €65k. These investments are done as a convertible note, and are completely optional for the startup to accept or not. It’s done as a co-investment, so the startup has to have another investor investing a minimum of 125k DKK (approx €17k) at the same time. Accelerace is happy to help find suitable investors.
Their life science tech startup mentorship program is highly rated in the Nordics. Sweden, Norway, Finland, Denmark, Iceland. It’s funded by the Novo Nordic foundation.
They also partner with Overkill Ventures in Riga, Latvia.
Ticket size: €65k-€65k, sweet spot €65k, maximum allocation with follow-on investments €65k per company