Buildit Accelerator KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Estonia Buildit is the first accelerator in the Baltic States and Nordic countries with focus on physical devices, accepting hardware and creative industries startups worldwide. During the 3 month mentoring program teams can use their prototyping facilities, see list of available tools here. Startups are offered free open office Active Markets Baltic States and Nordics space at Tartu Science Park and can test their product with end-users in a Living Lab setting. Teams also get free and discounted services from partners – that includes development tools, design services, legal and accounting services + many more. Founded 2013 €25,000 investment is offered in exchange for 12% shares. Teams can also go for €15,000 investment in return for 9% or choose €10,000 for 6%. For self-sufficient companies that already have funding they offer to participate in program with no investment for 3% of company shares. Employees Approx. 35 Current Fund Size N/A SELECTED PORTFOLIO COMPANIES Use of Debt No The first window automation solution with a sleek design, affordable price and with just one-click installation on existing blinds. AUM N/A Target Investment Size Velmenni is developing Jugnu - a future technology which can transfer high speed data using visible light. €10k – €25k Target Geographies Baltic States and Nordics Huntloc is a solution for hunters to increase hunting efficiency and safety. Huntloc helps to collect, share and manage hunting related information and gives graphical view about hunt participants positioning in real time. Target Sectors Physical Devices, Hardware Full Portfolio • www.buildit.ee/companies Investment Style Active KEY CONTACTS Deal Structures Accelerating Sven Illing Managing Partner • Manging Partner at Buildit Accelerator since 2014 Key Investment Criteria N/A • Previously founder of GameFounders a global game studio accerlator Email: [email protected] Website www.buildit.ee Contact Email [email protected] Contact Phone +372 53 317 134 INVESTOR BOOK 25
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