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Fast Track Malmo

Europe, Skane Lan, Sweden, Malmö

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Fast Track Malmo frequently co-invest with?

SamInvest Mitt
Europe, Vasternorrlands Lan, Sweden, Härnösand
Co-Investments: 2
L
Europe, Hovedstaden, Denmark, Copenhagen
Co-Investments: 1
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 1
Wave Ventures
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 2
Almi Invest
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 3
Haatch
Europe, Lincolnshire, United Kingdom, Stamford
Co-Investments: 1
The Case for Her
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 1
CG
Europe, Hovedstaden, Denmark, Copenhagen
Co-Investments: 1
Data Pitch
Europe, England, United Kingdom, London
Co-Investments: 1
NI
Europe, Vastra Gotaland, Sweden, Gothenburg
Co-Investments: 1

Which angels does Fast Track Malmo often collaborate with?

ES
Europe, Skane Lan, Sweden, Malmö
Shared Deals: 1
EE
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
JF
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
EL
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
HJ
Europe, Skane Lan, Sweden, Malmö
Shared Deals: 2
JA
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
CJ
Europe, England, United Kingdom, London
Shared Deals: 1
FL
Europe, Skane Lan, Sweden, Malmö
Shared Deals: 2
EB
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
JV
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1

What are some of recent deals done by Fast Track Malmo?

Your Beet

Stockholm, Stockholms Lan, Sweden

Your Beet is a platform that makes it super easy for millions of people to eat healthy and climate friendly.

Food and BeverageFood ProcessingMobile AppsNutritionRecipes
Pre SeedJun 28, 2023
Amount Raised: $54,576
Your Beet

Stockholm, Stockholms Lan, Sweden

Your Beet is a platform that makes it super easy for millions of people to eat healthy and climate friendly.

Food and BeverageFood ProcessingMobile AppsNutritionRecipes
AngelJun 26, 2023
Trovalo

Newport, Newport, United Kingdom

Trovalo is the Data Marketplace which helps businesses discover and buy more relevant datasets in one central marketplace.

Big DataData IntegrationData VisualizationGeospatialSoftware
Convertible NoteMay 15, 2023
Radiant AI

London, England, United Kingdom

Accurate data and impact tracking for Sustainable Finance teams

FinTechSustainability
Pre SeedMay 15, 2023
Amount Raised: $640,000
Southern Lights

Stockholm, Stockholms Lan, Sweden

Swedish climate startup doing B2B SaaS for green hydrogen project development

Business DevelopmentEnergyProduct DesignProject ManagementSaaSSoftware
Convertible NoteMay 15, 2023
RemotiveLabs

Malmö, Skane Lan, Sweden

RemotiveLabs is a developer of an automotive software development platform designed to streamline the vehicle manufacturing process.

AutomotiveSoftwareSoftware Engineering
Convertible NoteMay 15, 2023
Peak Energy

Lund, Skane Lan, Sweden

Peak Energy is a charging application for electric vehicles.

AppsElectric VehicleEnergy ManagementRenewable Energy
AngelMay 15, 2023
WAANDA

Berlin, Berlin, Germany

Digital ecosystem connecting African producers, local shipping companies, and European retailers.

B2BE-CommerceE-Commerce PlatformsMarketplaceRetailWholesale
Convertible NoteMay 15, 2023
Lymia

Paris, Ile-de-France, France

L’app intelligente pour mieux gérer votre vivier de talents et y trouver les meilleurs profils en quelques minutes.

AppsArtificial Intelligence (AI)Data ManagementHuman Resources
Convertible NoteMay 15, 2023
Dora

Rønne, Hovedstaden, Denmark

TMS with fleet management for green hauliers

Information TechnologySoftwareWarehouse Automation
Convertible NoteFeb 27, 2023