- Over 2,300 startups have applied to participate in Decelera
Menorca, which celebrates its 10th edition
- The fund organizing the event, Decelera Ventures, has raised
38 million euros in the last year to
invest in tech startups focused on sustainability
MENORCA, Spain, May 22, 2024 /PRNewswire/ -- This week 20
startups will gather in Menorca for 10 days to meet with
mentors and investors. The organization selected the 20
finalist startups from over 2,300 applications worldwide, a 35%
increase over last year's applications.
Startups at Decelera Menorca can access up to 300,000 euros in investment to boost their
projects. Decelera Ventures, the early-stage fund behind the
organization, raised 38 million
euros last year and has a portfolio of 19 companies. The
fund plans to invest in over 50 projects in the next 3 years, with
tickets of up to 300,000 euros, and
provide follow-up support.
Decelera Ventures is the world's first
'decelerator'. At this event, founders step out of their
day-to-day, to gain new perspectives, prepare for their next phase
of growth and connect with investors. Since 2015,
when the first edition was held, over 10,000 startups from more
than 95 countries have applied to Decelera.
During the program, more than one hundred Experience Makers and
over fifteen venture capitalist and international investors will
learn about the 20 finalist startups, which include the
global talent community Nova, credit building platform
through remittances for African immigrants Kredete, platform
connecting companies and university students U4IMPACT,
dating platform Flamme, AI tech company Aitaca, 3D
printing software developer Ziknes, property management
software Praefy, platform for energy providers
Quixotic360, and subscription management platform
Emendu, automate invoices and delivery notes using AI,
Dost, among others.
Among the prominent attendees are names from the entrepreneurial
ecosystem: Bernat Farrero (Factorial
and Itnig Podcast), Marta Zaragoza
(Declarando), Pepe Borell (Deale),
Rui Stoffel (BusUp), Alvaro Dexeus (Pleo, Ex-Deliveroo), Laura Esnaola (Care with Care), Sean Cook (Ex-VP of Mailchimp), Mike Landman (Ripple), Philippe Gelis (Kantox), Laura Urquizu (Red
Points), Oriol Vila (Hola
Luz), Tim Varner
(Whitelabel).
The event is supported by global entities and local companies
such as the Menorca Tourism Promotion Foundation, Sancus Capital,
Julius Bär, Son Parc Hotels & Golf, San Miguel, Funq,
Fibralink, Gin Xoriguer, Cacahuete, Owners Car, Queso Mahón,
Carolina Carreras, Agua de Menorca,
El Paladar, and Can Senylaet.
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