Prominent Tech Leaders Join Forces at EWOR to Empower Startups and Innovators in Europe
Big Moves in the Tech Space at EWOR
In a groundbreaking development within the European tech ecosystem, EWOR has announced the addition of two powerhouse partners, Petter Made and Quinten Selhorst. Petter Made, who co-founded the decacorn payment platform SumUp, and Quinten Selhorst, the visionary behind electric scooter service Felyx, are set to deepen EWOR's mission of supporting outlier entrepreneurs focused on innovation and growth.
The Berlin-based startup accelerator, known for its hands-on mentorship and funding for early-stage tech ventures, positions itself uniquely in the market. EWOR is designed for founders, built by founders, offering pre-seed support from those with considerable experience in creating billion-dollar companies. With the new additions to its leadership team, EWOR solidifies its place as a leader in fostering entrepreneurial success in Europe.
A Vision for Transformation
Petter Made, reflecting on his new journey, stated, "I want to leave a dent in the universe by supporting the most extraordinary minds. With EWOR, I can do exactly that." Made's notable success includes elevating SumUp to a valuation of €8.5 billion and growing Drooms into a nine-figure company. His joining EWOR comes with extraordinary potential, as each partner has an average company valuation contribution exceeding €2 billion.
The EWOR Fellowship continues to reach unprecedented heights, providing fellows—selected from a highly competitive pool— the resources to excel. On average, alumni of the fellowship raise €2 million upon completion of their training and pitches, setting them on a stronger path than found in similar initiatives across Europe.
The Power of Community
The value of EWOR extends beyond mere numbers; it embodies a philosophy that great minds build extraordinary companies. Quinten Selhorst highlights the fellowship's rigorous selection process, revealing that only 0.1% of applicants are admitted. He emphasizes that EWOR prioritizes quality over quantity, allowing a maximum of five co-founding teams per partner annually to foster deeper, more personalized mentoring.
Fellows benefit from extensive access to a plethora of resources, including up to €200,000 in pre-seed capital and entry to a network of over 1000 investors and mentors. Participants also receive exceptional one-on-one coaching from seasoned entrepreneurs who have navigated similar journeys, enabling them to refine their strategies and elevate their business models.
Tailored Support for Each Founder
Throughout the fellowship, founders can engage in various learning modules tailored to their specific needs and schedules. This flexibility permits them to concentrate on building impactful, scalable businesses while receiving targeted guidance on essential areas such as fundraising, hiring, and personal development.
Additionally, the program includes in-house support that covers legal services, design support, and other professional services—equipping fellows with everything they need to thrive.
The ambition of EWOR is not just to support individual entrepreneurs but to construct an unrivaled ecosystem that fosters extraordinary minds, ultimately shaping the future of tech entrepreneurship in Europe. With Made and Selhorst on board, EWOR is primed to propel this mission forward, transforming the tech landscape one founder at a time.
In conclusion, the collaboration between these industry stalwarts and EWOR signifies an exciting new chapter for innovation and entrepreneurship in Europe, an environment where visionary ideas can flourish and drive meaningful change in the tech world.