
Fast Track Malmo
Description
Fast Track Malmo is an accelerator program based in Malmö, Sweden, dedicated to empowering early-stage startups with global ambitions. Operating out of Minc, a prominent startup house in Malmö, the program is designed to help promising teams accelerate their growth and successfully secure their initial venture capital funding. Their core offering combines a structured program with crucial seed capital, aiming to bridge the gap between nascent ideas and scalable businesses.
The accelerator provides a fixed investment of €50,000 (approximately $54,000 USD) to each selected startup. A distinctive aspect of their funding model is that they do not take equity upfront, which can be particularly appealing for founders at the very early stages. Instead, the investment typically converts into equity later, often upon a subsequent fundraising round. Fast Track Malmo is quite active in the Swedish startup ecosystem, committing to invest in approximately 10 different startups annually, demonstrating a consistent pipeline of support for emerging companies.
Beyond the financial injection, Fast Track Malmo offers a comprehensive 10-week program. This intensive period is designed to equip founders with the necessary tools, knowledge, and connections to scale their ventures. Participants gain access to a robust network of experienced mentors, potential investors, and industry experts, all geared towards refining their business models, product-market fit, and fundraising strategies. The program's ultimate goal is to prepare these startups for their first significant VC round, ensuring they are investment-ready and poised for further expansion.
Fast Track Malmo plays a vital role in fostering the startup ecosystem in Southern Sweden, leveraging the resources and community built around Minc and supported by Malmö Stad. By focusing on early-stage companies and providing both capital and structured guidance, they contribute significantly to the development of innovative businesses that have the potential for international reach. Their commitment to a fixed investment amount and a clear program structure makes them a transparent and attractive partner for founders looking to navigate the challenging initial phases of startup growth.
Investor Profile
Fast Track Malmo has backed more than 56 startups, with 0 new investments in the last 12 months alone. The firm has led 34 rounds, about 61% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Non Equity Assistance, Convertible Note, Pre Seed rounds (top funding stages).
- Majority of deals are located in Sweden, United Kingdom, Germany.
- Strong thematic focus on Software, Health Care, Mobile Apps.
- Typical check size: $54K.
Stage Focus
- Non Equity Assistance (43%)
- Convertible Note (20%)
- Pre Seed (14%)
- Seed (9%)
- Angel (9%)
- Series Unknown (5%)
Country Focus
- Sweden (54%)
- United Kingdom (14%)
- Germany (7%)
- France (4%)
- Latvia (4%)
- Denmark (4%)
- United States (4%)
- Spain (2%)
- Kenya (2%)
- Slovenia (2%)
Industry Focus
- Software
- Health Care
- Mobile Apps
- Information Technology
- Artificial Intelligence (Ai)
- Medical
- Health Diagnostics
- Human Resources
- B2b
- Wellness
Frequently Asked Questions
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