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The Flywheel

The Flywheel is a venture studio based in Thessaloniki, Greece, focused on co-founding Industrial AI startups in manufacturing, defense, and energy. It provides operational support and initial capital to help entrepreneurs validate and scale their business ideas.

Founded
2025
Recorded stages
Pre Seed, Seed
Focus sectors
AI, Defence, Energy
Recorded regions
European Union, Europe, Greece

Online destinations

Find The Flywheel online

Where to find this organization online, grouped by who runs each page. A link here does not mean the organization controls it.

Official links

Pages the organization runs itself.

Overview

The Flywheel is a venture studio based in Thessaloniki, Greece, focused on building startups at the intersection of artificial intelligence (AI) and the physical world. Founded by Kostas Fetfatsidis and Dimitrios Kourtesis, the organization aims to support founders by providing co-founding, investment, and operational expertise to help validate and scale their business ideas.

Focus

The Flywheel invests in and supports startups primarily in three sectors: manufacturing, defense, and energy. The organization emphasizes leveraging AI to create capital-light technologies and companies that address critical challenges in these sectors. They provide funding of up to €300,000 to help startups reach paying customers within 12 months.

Support

The Flywheel offers co-founding support, operational expertise, and initial capital investment to help startups validate and scale their business ideas.

Questions

What are The Flywheel's investment criteria?

The Flywheel invests in startups primarily in the manufacturing, defense, and energy sectors. They focus on companies that leverage AI to create capital-light technologies addressing critical challenges.

How can I pitch to The Flywheel?

Founders can pitch their ideas through the studio's website at theflywheel.studio. It is recommended to include a clear business model and how AI will be utilized in the startup.

What makes The Flywheel different from other investors?

The Flywheel offers co-founding support in addition to investment, providing operational expertise to help startups validate and scale their business ideas effectively.

What is the typical check size for investments?

The Flywheel provides funding of up to €300,000 to assist startups in reaching paying customers within a year.

What is the geographic focus of The Flywheel?

The Flywheel has a global investment approach, with a particular emphasis on opportunities in Europe.

What kind of post-investment support does The Flywheel provide?

The Flywheel offers operational expertise and resources to help startups scale effectively, ensuring they can navigate challenges in their respective markets.

Check your startup’s fit

Check your startup’s fit with The Flywheel

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