One of Eleven

March 1, 2016 in ОТТ Новини

Eleven is a EUR 25 million early stage fund, which has already invested in 115 companies and boasts close to 300 alumni from 20 countries.

In 2016 Eleven will invest in up to 15 projects. Teams are expected to join Eleven’s co-working space (the “Roof”) in Sofia for a couple of months, while also take part in additional events and initiatives throughout the year. 

After the initial investment of EUR 25k in exchange for 8% equity stake, all companies are eligible for follow-on investment, depending on their needs and potential. Eleven may invest up to an aggregate of EUR 1 million per project, usually in incremental steps and alongside other investors that may join the companies Seed or Series A rounds.

First, you just need to create or choose a Team/Startup Profile from this link: . Apply by 30 April 2016.