Investments
24Portfolio Exits
8Partners & Customers
1Latest Seventh Framework Programme News
Sep 16, 2014
Noyan Ayan | September 16, 2014 | No Comment Tweet CEED Tech , a consortium of Central and Eastern European technology accelerators, has raised €5 million from the European Commission as a part of the latter’s Seventh Framework Programme (2007-2013). The funds will be given to startups that are to be selected via the application process launched today. CEED says they will prioritize early stage software startups. CEED Tech is a consortium of established software accelerators with funds co-financed by private angels and venture investors. The investment by CEED Tech are made in return for 5% to 15% of equity stake in the startup. “The combined resources and extra funding will spark and enable innovation throughout the region,” said Calum Cameron, Managing Director at Startup Wise Guys, one of 5 accelerators located in Estonia, Lithuania, Slovakia, The Czech Republic and Hungary. “This EC grant will allow CEED Tech to distribute much more money to startups in the region, at a much smaller cost of equity from those startups, while increasing our pool of applicants, and helping startups find the right fit in an accelerator.” Startups that are accepted into one of the five programs will receive up to €30K in immediate seed capital, and will undergo 3 to 6 months of “acceleration”. CEED Tech members are StartupYard in Prague, Digital Factory in Budapest, The Spot in Bratislava, Startup Wise Guys in Tallinn, and Open Coffee Club Vilnius. Their combined portfolio is comprised of nearly 100 companies. You may also like
Seventh Framework Programme Investments
24 Investments
Seventh Framework Programme has made 24 investments. Their latest investment was in Imcyse as part of their Grant on May 5, 2017.
Seventh Framework Programme Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
5/30/2017 | Grant | Imcyse | Yes | 1 | ||
9/30/2016 | Grant | Citibeats | $1.57M | Yes | 1 | |
8/8/2016 | Grant | Sammy | Yes | 1 | ||
6/12/2015 | Grant | |||||
10/15/2014 | Grant |
Date | 5/30/2017 | 9/30/2016 | 8/8/2016 | 6/12/2015 | 10/15/2014 |
|---|---|---|---|---|---|
Round | Grant | Grant | Grant | Grant | Grant |
Company | Imcyse | Citibeats | Sammy | ||
Amount | $1.57M | ||||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 1 | 1 |
Seventh Framework Programme Portfolio Exits
8 Portfolio Exits
Seventh Framework Programme has 8 portfolio exits. Their latest portfolio exit was Apitope on August 18, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
8/18/2021 | Acquired | 2 | |||
Date | 8/18/2021 | ||||
|---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 |
Seventh Framework Programme Partners & Customers
1 Partners and customers
Seventh Framework Programme has 1 strategic partners and customers. Seventh Framework Programme recently partnered with TTTech Computertechnik on April 4, 2008.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
4/23/2008 | Vendor | Austria | SmartFuel ADSP Partners Choose TTP for Next-Generation Fuel Management System - TTTech TTTech , a leading supplier of solutions in the field of time-triggered computer systems , announces the collaboration with the SmartFuel SmartFuel research program . | 1 |
Date | 4/23/2008 |
|---|---|
Type | Vendor |
Business Partner | |
Country | Austria |
News Snippet | SmartFuel ADSP Partners Choose TTP for Next-Generation Fuel Management System - TTTech TTTech , a leading supplier of solutions in the field of time-triggered computer systems , announces the collaboration with the SmartFuel SmartFuel research program . |
Sources | 1 |
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