Berlin Accelerator Celebrates Graduating its Second Batch of Startups
Kai JägerCTO in Residence, Microsoft Accelerator Berlin
December 4th marked the graduation of our second Accelerator batch and, in many ways, the end of a great year in startups. Just about a year ago, we established the Microsoft Ventures Accelerator in Berlin and within that year, we've had a number of successes.
We have received 800 applications from all over the world, taken 16 wonderful startups through our program, and are extremely proud to report that 100% of our first-batch startups are now funded with an average funding amount of $1 million.
As we celebrated our second-ever Demo Day, we recognized the great achievements of our 7 new graduates and the 9 that came before them, the tireless work of our 30 excellent mentors, and the ongoing support of our local and international partners. Our Area VP, Christian Illek, delivered a bold keynote about innovation and entrepreneurship in Germany while Zack Weisfeld spoke passionately about “doing more” and the great work of Microsoft Ventures on a global level.
But this event, more than anything else, was about great pitches. Our 7 graduating startups once again delivered beyond our wildest expectations. Of course, we can only speculate whether their pitches resonated with the 80+ investors in the audience or the rest of our 250 guests—but we do know that many terrific conversations were had that night.
While our batch #2 startups slowly assume their new role as alumni, we will continue to support them as best we can. But we are also excited to work with a new batch of innovators and look forward to another great year in startups.
To all of you who continue to support our cause, a heartfelt “thank you.” And from everyone at the Microsoft Ventures Accelerator in Berlin:
Happy Holidays and a wonderful New Year!
Marius, Kai and Juli
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