18 May 2020
The European Super Angels Club and the European Startup Prize join forces to help sustainable mobility companies recover from the COVID-19 economic crisis
Selected companies from the European Startup Prize (EUSP) best mobility startups will be reviewed and potentially selected by European Super Angels Clubs (ESAC) investors. The ESAC is Europe’s leading private investors network. ESAC is known for its exclusive “Invest and Connect” pitch events and its tough selection process.
Following 6 previous editions, focussed on areas like artificial intelligence, digital health, sportstech, this year’s “Invest and Connect” startup award series will be centered around smart mobility. 7 national qualifier events will be held in order to select startups with the highest-growth potential all over Europe. The French virtual event – 4th June, 5:30pm – will kick of the event series. The European Finals of this event series will take place in 3rd December 2020, in Berlin.
This collaboration roots in the EUSP “Day After Programme”, together with the European Investment Bank (EIB), EIT Urban Mobility and EIT InnoEnergy, which consists in providing a fast track for investment for the best European startups in the field of sustainable mobility. For the year 2020, 550 startups applied for the EUSP and will be given a chance to benefit from the “Day After Programme”.
“As Europe’s leading private investors network, European Super Angels Club is excited to collaborate with the European Startup Prize initiative. We will combine the best of both worlds and offer even better chances for European talents and support their growth stories. Our core mission, is to shed light on talents and invest in the most promising cases. Given the current economic turbulences, we are proud our investors did not stop to consider new deals.” – said Berthold Baurek-Karlic, President of the European Super Angels Club.
“The 2020 edition of the European Startup Prize for Mobility looks like no other. It was important for us to offer more investment opportunities to our community of startups. EU investment bodies such as EIB and EIT showed solidarity. So did the ESAC by opening the doors of their Smart Mobility Awards investment series and a fast track to European private investment. EUSP startups are now under the screening of their experts and I keep my fingers crossed for them” – said Karima Delli, Chairwoman of the Committee on Transport and Tourism at the European Parliament and President of the EUSP.
The European Super Angels Club (ESAC), follows the mission of collaboration between European investors (business angels, high-net-worth individuals, family offices, corporates venture capital units and venture funds), leading corporates and startups. Members combine their individual financial strength, network and know-how to invest in high-growth European startups. Typical rounds range from €1-10m. ESAC to-date has invested in companies worth more than €70 million, of which a significant increase of more than €20 million. The club syndicates investment in a dedicated fund, managed by Venionaire Ventures Sárl based in Luxemburg.
The EUSP is the biggest EU Acceleration Programme, supported by the European Parliament and the European Commission and targeting European mobility startups. For three years, the EUSP has awarded 10 best startups, according to their market traction and sustainability criteria. Those winners have thus benefited from a tailored-made mentoring, in order to help them scale up to the European market. For the first time this year, due to the COVID-19 socio-economic crisis, the “Acceleration programme” has been turned into a “Reinvestment programme”, channelling investments from the EU and European partners, in order to help startups support their business.
EUSP: Grégory Merly, Managing Director, M +336 58 88 80 95, email@example.com
ESAC: Bernadett Nagy, Head of Marketing, M +43 664 88268466, firstname.lastname@example.org