Information

Axel Springer Plug and Play is a Berlin-based pre-seed startup accelerator focused on nurturing innovative startups and helping them grow. As a joint venture between Axel Springer SE, one of the largest digital publishing houses in Europe, and Plug and Play Tech Center, a global innovation platform, the accelerator offers startups a unique blend of media and technology expertise. Entrepreneurs benefit from a comprehensive program that includes mentorship from industry experts, networking opportunities with potential investors and corporate partners, and access to valuable resources such as office space and marketing support. The accelerator aims to accelerate growth and increase the chances of success for startups through its robust support system.

How to Apply

To apply for the Axel Springer Plug and Play Accelerator, interested startups should visit the official website and navigate to the application section. Here, they will be required to fill out an application form that includes details about their business model, team, market potential, and current progress. It is important for applicants to demonstrate a clear vision, innovative solutions, and a scalable business model. The selection process is competitive, and selected startups will be invited for interviews and further evaluation before final acceptance into the program.

Total number of startups invested: 114

Average Funding: The average funding round for startups in the Axel Springer Plug and Play Accelerator varies but typically ranges between €25,000 and €50,000 in exchange for equity.

Industry: The accelerator has a diverse industry focus, including but not limited to digital media, e-commerce, advertising technology, and software development.

Market: The accelerator primarily operates in Germany, with its main hub in Berlin, but it welcomes startups from around the world.