Pre-Seed Funding
To help startups get from testing the market to full commercialization and fulfill their potential, we provide a serie of 1-on-1 coaching sessions and a convertible note up to €100K (+ some partners benefits)
A strong team to guide you towards your funding.
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Frequently Asked Questions.
What is a convertible note?
A convertible note is an investment vehicle often used by seed investors investing in startups who wish to delay establishing a valuation for that startup until a later round of funding or milestone. Convertible notes are structured as loans with the intention of converting to equity. The outstanding balance of the loan is automatically converted to equity at a specific milestone, often at the valuation of a later funding round. In order to compensate the angel investor for the additional risk of investing in the earlier round, convertible notes will sometimes have additional clauses, such as caps, and or discounts.
How does a convertible note work?
Concretely, an investor will provide an early-stage startup in need of capital with a loan, along with repayment terms. This is the “note.” The note will include a due date at which time it’s mature and the balance will be due, along with interest. Generally, however, the note is not repaid like a normal short-term loan. Instead, you repay the investor for their loan with equity in your company, usually in conjunction with another funding round.
Do I have to be incorporated to receive funding?
When is the next Investment Committee?
The investment Committee takes place every 3 weeks so hit the "apply" button and share your file with us.