Seedcamp
is most easily described as Europe’s Y Combinator. It provides seed
investment of up to €50.000 in exchange for 8 to 10 percent of the
startup in question. Seedcamp stages events all over Europe which
culminate in 20 or so companies being selected to participate in Seedcamp week in London.
Following an investment, the companies spend three months in London working with mentors to develop their product. Erply (received funding of €2 million) and Zemanta (received funding of €2.35 million) are among the most successful investments made by Seedcamp in its three-year history.
To read the full, original article click on this link: Seedcamp invests in 12 European startups | VentureBeat
Author: Ciara Byrne
