Announcing the 2018 class of the METRO Accelerator for Retail powered by Techstars!
When I took over the helm of the METRO Accelerator for Retail, powered by Techstars a little under six months ago, I was tasked with finding the sharpest and smartest founders from around the world. We started with a simple proposition: “Come test and deploy your innovative solutions across the METRO and P&G supply chains.”
Our call was answered from every corner of the world, with applications from companies spread across more than sixty countries, across six continents. As one of the most active seed-stage angel investors in Europe, I’ve engaged with a significant number of startups in the ecosystem, but I’d never quite imagined getting such an incredible response.
The METRO Accelerator is strategically integrated with unparalleled access to the intellectual capital of METRO AG, the leading international specialist in wholesale and food retail. The METRO Accelerator, powered by Techstars, has invested in over 40 startups since its inception over the last three years, and nine companies have arrived in Berlin this week for the second METRO Accelerator for Retail, joining the ranks of the esteemed alumni that are innovating across the retail value chain. The founders of these companies bring diverse and global perspectives from as far away as Bangalore, India, and as near as Munich, Germany.
We kicked things on April 23rd and are looking forward to three months of empowering the entrepreneurs to scale-up their solutions with the networks of both Techstars and METRO AG.
As the fifth program to run in partnership with METRO, we are fortunate to have an incredible community of alumni and mentors in Berlin and abroad. I’d like to thank our mentors, sponsors, partners and alumni for their generous support. We look forward to presenting the power of this worldwide network when we cap off the program with Demo Day in Berlin on July 19th, 2018.
We are thrilled to announce the companies joining the 2018 METRO Accelerator for Retail powered by Techstars: