Investor Type | Firm |
Type of Fund | VC |
Industries | Education • Energy |
Stages | Pre-Seed, Seed, Early Stage |
Investing | United States • Europe |
Investment Range | $6,000 - $300,000 |
Investment Sweet Spot | $100,000 |
SpinLab - The HHL Accelerator is a Leipzig-based startup accelerator that seeks to foster the growth of innovative entrepreneurial teams by helping them scale up their businesses. With a promise of 'no equity, no shares', SpinLab stands out by offering a 100% free program to accepted startups, aiming to retain the company ownership entirely with founders. Since its inception in 2015, the accelerator has supported over 185 startups, enhancing their chances of survival and helping them secure a total of millions in investment, reaffirming its standing as one of Europe's top-ranked startup accelerators, as recognized by independent studies from UBI Global and The Europas. SpinLab creates a robust ecosystem for startups by granting them access to their co-working space in Leipzig 24/7, connections to over 35 corporate partners, up to €50,000 in free funding, and an extensive network within the HHL Leipzig Graduate School of Management as well as other research institutions, universities, and industry experts. Their connection to a diverse partner portfolio allows startups to remain agile and not be limited by industry or technology focus. Furthermore, SpinLab facilitates access to a variety of investment opportunities through their well-established relationships with European investment firms, VCs, and Business Angels. They also offer premier startup education through on-site workshops, events, and on-demand e-learning in a hybrid format. SpinLab hosts a thematic range encompassing various industries, with a definite interest in the Education and Energy sectors. They offer investment ranging from a minimum of €6,000 to a maximum of €300,000, with a sweet spot of €100,000 for funding, focusing on pre-seed, seed, and early-stage ventures. Their VC arm, Smart Infrastructure Ventures, further expands their investment opportunities specifically in startups.