In a nutshell:We came from (almost) nowhere, but we did it faster than anybody else.We are more than an accelerator.We are going to change the VC world from the bottom up.
Eleven is the third most active accelerator by number of investments in Europe according to our second internal research on the competitive landscape in Europe for 2014.
Dronamics has just won the Pioneers Festival Challenge 2015 – one of the biggest startup competitions in Europe! The team is part of Eleven’s 7th cohort and only two weeks ago they won another major competition – betapitch | Sofia. Are the Rangelov brothers (the two founders) following in the footsteps of the Wright brothers revolutionizing the Unmanned Aircraft Systems? Let’s see what they think.
We are happy to announce that the amazing 9th batch of Eleven startups has conquered the Roof! We chose 14 out of more than 400 companies that applied for investment in February this year. The accepted teams have gone through a 3-stage selection process including local interviews in Serbia, Croatia and Romania and a final meeting with the investment committee in Bulgaria.
We couldn't figure out a better way to show you what it is to be One of 11, than meeting you with the people who already won our hearts – the Eleven alumni.In the next 2 weeks, the startup founders at Eleven will organize several meetups across the region, where they will meet you, share with you their firsthand experience and answer your questions.
We are happy to announce our first and last application window for this year and actually the last from our current fund. As usual, we will invest under our standard terms in 10-15 teams or about EUR 1 million in total over 2015. The remaining EUR 3 million will be used for follow-on investments in our existing portfolio companies.