Pre-Seed & Seed Investments & Investment Readiness

Techcelerator (Hexagon Ventures)

Romania

Service ID:

EP58S1
Service description

This service aims to support EIC Transition and EIC Accelerator beneficiaries with their fundraising strategy, offering individualised consulting and access to a pool of relevant VCs. The service includes working on the supporting documents for the fundraising: go-to-market strategy, financials, possible valuation, and pitch deck. The outcome of the service is the facilitation of VC introductions so the beneficiaries can raise capital in a more structured and effective way. The first phase of the service is the diagnosis phase, where the beneficiary will receive a short questionnaire, followed up by a discovery meeting with the EIC Partner - the Techcelerator investment team. The diagnosis phase aims to assess the business maturity level and to get a sense of the fundraising needs of the EIC beneficiary. After the diagnosis phase, the EIC partner will propose a roadmap in order to support the fundraising process and close the round.

Sector
Sector agnostic
Technology Readiness Level
TRL 4 – Technology validated in lab
TRL 5 – Technology validated in relevant environment
TRL 6 – Technology demonstrated in relevant environment
TRL 7 – System prototype demonstration in operational environment
TRL 8 – System complete and qualified
TRL 9 – Actual system proven in operational environment
Financial requirements

The first stage of the service- the diagnosis phase- is free of charge, giving both the EIC beneficiaries and EIC Partner a chance to get to know each other and see if they are a good fit. After this phase, the parties will agree on hourly cost and success fee according to the roadmap.