This spring we received an incredible number of applications: 519 from 50 different countries! From all the applicants, 26 made their way to pitch in front of our corporate partners. After throughout decision-making 10 startups made the final cut to our newest batch – making the acceptance rate for this batch only 2%. Welcome our fresh new startups and their innovations!
We are excited to finally present the selected startups for our Batch #12! In this batch, the startups are working in various fields. The companies’ innovations are revolutionizing autonomous driving, introducing new sustainable food sources and even saving human lives. You can read about our 10 new startups on the Current Startups -page and in the press release below. Make sure to follow us on our social media channels (Instagram, Facebook, Twitter & LinkedIn) for the one-by-one introductions of these startups and their innovations. Due to the current situation and regulations, our program’s first phase will be held virtually. The first phase includes coaching session in topics such as Key Account Management, Product & Pricing Management and B2B Sales. The startups will also meet our alumni startups qbound and retorio and hear their insights about how to make the most out of our program and what they have learned during their startup journeys. The batch will also take a part in the virtual Kick-Off Pitch Event, where they will see each other’s pitches for the first time.
The future of the selected startups looks promising: 92% of all the TechFounders alumni startups are still active and have raised close to €300 million in funding since 2015. Startups don’t only bring new ideas to the table and generate competition; they also play a significant role in economic growth. We pursue to support startups in the best possible way to enable their companies to grow and create more employment to improve the economy. So far, our alumni startups have created over 1,700 jobs. We are excited to follow the success of these startups! Read the full press release about our Batch #12 here