We are happy to announce that we recently cracked the €100 million mark! So far, our startups have raised more than 100 million euros in venture capital and grants from renowned national and international investors. The average funding per SpinLab alumni amounts to 1.270.644 euros. Another reason to celebrate: In the last five years, capital has increased more than thirty times. In 2015, the funding amounted to 1.25 million euros. Currently, we stand at approximately 38.5 million Euro mid of the year 2021. With the help of VC investments, public grants, and price money, our startups have access to a large pool of capital to build quality products and teams.  We are proud of all the founders we have accompanied to this point and thank all investors and partners for the years of great cooperation. 

The first SpinLab Summer School for diverse Startups is over and we are still overwhelmed by all the impressions. From the 12th to the 16th of July, six diverse startups from different industries (meet them further down in the article) completed an intensive week covering the topics of financing, marketing, sales, HR and leadership. The mentoring program was fully packed with different workshops, professional pitch training and individual sessions with leading experts from practice. The highlight of the week was on Thursday evening, when the founders presented their business ideas to the public. Again, congratulations to Mentessa and Yance Sports for winning the pitch event! We will see both teams additionally at the selection days, where they will have the chance to become part of SpinLab’s main program. 

Today, the SpinLab team already welcomed its 12th class in Leipzig. Many of the entrepreneurs found themselves back on site due to the prevailing situation. Ten new startups will participate in the multi-award winning Accelerator program over the next six months. In total, the startup hub now counts 95 startups that have participated in the program so far. These ten new startups were selected during the Selection Days in early June in consultation with corporate partners: MeinDoc, Think RE, Pocketcoach, Deftpower, Planted, nex, EnergieDock, enaDyne, CallPima, NAECO Blue.