Startup Wise Guys, a European startup accelerator, has secured €25 million as a partial closing for its target fund of €45 million, aimed at providing support for B2B SaaS startups.
This fund is intended for direct investments in over 200 early-stage startups focusing on fintech, cybersecurity, XR, and sustainability in regions such as CEE, Italy, Spain, and Africa. Additionally, the company has undergone a rebranding effort to align with its new global strategy.
Since 2012, Startup Wise Guys has been a prominent investor in Central, Eastern, and Northern Europe, focusing on early-stage startups operating in the SaaS, fintech, cybersecurity, and sustainability sectors across 60+ countries. The accelerator offers acceleration programs lasting 5-6 months and provides up to €80,000 in convertible loans to its participants.
The company’s collection of investments consists of over 350 entries, encompassing businesses such as Ready Player Me, Kevin, StepShot, and Ondato. Additionally, the Estonian-based firm Pointship and Polish startup INKSearch have recently undergone funding rounds.
In the year 2022, Startup Wise Guys provided assistance to 120 startups and administered a total of 12 full-time programs.
In recent years, Startup Wise Guys have evolved into a truly international organization with an investment presence in countries ranging from Ukraine and Spain to South Africa. We are now deploying our experience at scale to help passionate founders thrive globally in spite of uncertain economic conditions.
Cristobal Alonso – Global CEO at Startup Wise Guys
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