StartupYard

StartupYard is a prominent seed accelerator based in Prague, Czech Republic, recognized as a key player in the Central and Eastern European (CEE) startup ecosystem. Established with a strong focus on deep technology, the accelerator primarily targets startups innovating in areas such as artificial intelligence, machine learning, data science, and blockchain. Its strategic location in Prague allows it to tap into the burgeoning tech talent and entrepreneurial spirit of the region, positioning itself as a crucial launchpad for early-stage deep tech ventures aiming for global reach.

The accelerator operates a structured program designed to rapidly develop promising startups. Typically, StartupYard invests an initial cheque of approximately $32,400 (€30,000) in exchange for a 5% equity stake, providing crucial early-stage capital. Beyond funding, the program offers intensive mentorship from experienced entrepreneurs and industry experts, access to a vast network of investors and corporate partners, and hands-on support in product development, market strategy, and fundraising. This comprehensive support system is tailored to help deep tech companies navigate the complex challenges of bringing cutting-edge technologies to market and securing subsequent funding rounds.

Over its operational history, StartupYard has built an impressive track record, having accelerated over 100 companies through its various cohorts. Its portfolio companies have collectively demonstrated significant success in attracting further investment, raising more than $108 million (€100 million) in follow-on funding from various venture capital firms and angel investors. This substantial figure underscores the accelerator's effectiveness in identifying high-potential startups and preparing them for scalable growth. StartupYard's commitment to fostering deep tech innovation has solidified its reputation as a vital catalyst for technological advancement and economic development in the CEE region.