APX Fellowship
Accelerator
Discover how to join
APX Fellowship
including requirements, application process, and compensation and explore other programs to join!
Accelerator
APX is a Berlin-based early-stage investor backed by Axel Springer SE and Porsche AG, two of Europe's most prominent corporate entities. The firm operates a 100-day venture development program with monthly cohorts of 3-6 companies, investing EUR 50,000 initially (for approximately 5% equity) with follow-on potential up to EUR 500,000 per startup.
The program offers customized venture development tailored to each startup, with mentorship from experienced operators, access to both Axel Springer and Porsche's corporate networks, and a co-investor network of 100+ partners. APX has invested in 100+ companies across 20+ industries. In 2021, Porsche and Axel Springer increased their commitment to EUR 55 million.
APX's co-founders are Jorg Rheinboldt and Dr. Henric Hungerhoff. The program supports women-led business initiatives through a partnership with Porsche.
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APX focuses on supporting pre-seed stage startups with tech-enabled business models. The program aims to empower ambitious European and international founders by providing them with tailored venture development, mentorship, and access to extensive corporate networks.
The program is open to pre-seed stage startups with tech-enabled business models. Interested founders can apply through the program's website.
EUR 50K initial investment (~5% equity). Follow-on up to EUR 500K. Customized support and access to networks.
There is no cost to participate in the program, as APX invests in the startups.
The program lasts for 100 days, with cohorts starting monthly.
The program requires a full-time commitment from participants over the 100-day duration.
The program requires in-person attendance in Berlin, Germany.
"Porsche and Axel Springer increase investment to EUR 55M" - TechCrunch, January 2021. Link
Applicants should focus on presenting a clear business model and demonstrate ambition and readiness to engage in a full-time program.
Q: What is the duration of the program? A: The program lasts for 100 days.
Q: How much equity do participants give up? A: Participants typically give up around 5% equity for the initial investment.
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