FAQ

 

We focus on startups from the IndustrialTech and EnterpriseTech field. That means: Robotics + Automation, Sensors / IIOT, Automated Guided Vehicles, Advanced + Predictive Analytics, Personalized / Additive Manufacturing, Engineering, Testing + Simulation, Connectivity & M2M Communication, Robotic Process Automation, Big Data, Blockchain, Cybersecurity, SaaS (Software-as-a-Service), VR / AR / Human Augmentation, Artificial Intelligence.

Yes, we invest €300k for a 15% share in each company.

Yes and no. You receive a funding of €300k and have to pay €50k as a tuition fee. So you don’t need to pay anything from what you currently have, but a share of the funding you receive.

You can find the starting date for our next batch here. The program will be held at our office in the city centre of Munich, Germany.

Yes, you need to relocate to our office for the 20 weeks. We don’t do this to bother you, but because we want to work with you as close as possible during the program.

We run our program twice a year. You can check out the next application deadline here.

We focus on seed and early-stage startups. That said, we usually look for teams that didn’t receive a major funding yet.

No, not at all! If your company isn’t incorporated yet, we’ll help you figuring out how to do it.

Applications are evaluated on a rolling basis. That means early applications might have an advantage. We focus on product, market and most importantly, the team. After a first check, we’ll reach out to all promising teams for personal interviews. They play a crucial role in the application process. After the interviews, you’ll hear back from us soon.

PEAKZONE is a privately held company, founded by Lorenz Hartung and Alexander Karl.

Yes. If you don’t have and idea yet, we recommend other programs like Entrepreneurs First or Antler.

Yes, you can. However, keep in mind that the team is crucial for your company and hence this weakness needs to be compensated by something else. Again, we recommend other programs like Entrepreneurs First or Antler, as these programs are designed to form teams.

Definitely! We are very keen on accepting founders from all over the world. We do however require the team to be physically present at PEAKZONE during the 20 weeks of the program.

In the past, the PEAKZONE management team has worked with highly successful startups like Proglove, Konux and Inveox. Overall, they have supported more than 100 startups with their financing and growth.

We receive hundreds of applications for each batch and we review each one individually.  We respond to everyone, but getting a response might take up to a few weeks.

Yes, definitely! There is no downside to applying more than once.

After the program, you join the PEAKZONE Accelerator Alumni club. For you that means continuous access to other alumni, talents, mentors, investors and potential customers.

Still have Questions?

Read our Program FAQs

Send a message to contact@peakzone.io

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