Raising money from investors is a major milestone for any startup. However, reaching investors or meeting the right investors can be quite a difficult process. That is where EIT Health Germany steps in.
On 11 December we hosted our second Investors Roundtable at the Mafinex Technology Centre in Mannheim. The event was co-organized with Angels4Health, a network of private angel investors focused on early stage ventures in the life science industry, with the aim of providing a platform to meet, pitch and discuss potential collaborations. Nine promising startups from Baden Württemberg and Bayern were given the opportunity to meet with premier investors, such as Sanner Ventures, Wellington Partners, High Tech Gruenderfonds, LBBW and the chance to grow their company.
“The event was a huge success last year, and we decided to organize it this year as well. As EIT Health Germany, we are working with a large network of startups, which are at a similar development and funding stage. On the other hand, we can benefit from a large network of investors; some of them venture funds, business angels, but also other types of funds. This event is the opportunity to match these two groups and provide an additional service to the startup ecosystem,” says Matteo Consonni, Business Creation Manager at EIT Health Germany.
Our keynote speaker was Reinhard Vogt, Managing Director of DynamkVC, who welcomed the startups and investors with a little background story on the investments that shaped his professional life and the current dynamics of the US-Germany startup ecosystems.
Once everyone had settled in, it was pitching time. Each startup had 3 minutes to present its idea and impress the audience.
The startups were then matched with interested investors in a series of 20-minute, 1:1 meetings, to discuss opportunities for collaborations.
Here are some of the impressions of the event:
Dr. Andrea Kranzer
“Angel investors prefer to invest locally in their region to be near the startups. This event facilitates to connect to local startups. Today I especially loved the mix of networking, pitching and one-on-ones”.
Stefanie Wojciech, LBBW Venture Capital
“This was my first investors roundtable and I found it very interesting, because it allowed me to see a lot of interesting startups and the intimate atmosphere made it possible to both discuss with all the startups, but also meet other investors”.
Christine Peine, taiaCare
“The event is really good because we made a lot of connections with investors and we already had a lot of good feedback on hot to further improve our product”.
Ralph Steidl, Portabiles HealthCare Technologies
“We are currently raising seed funding and we were glad to be part of this event, where EIT Health Germany matched us directly with potential investors. Some of them already see us a potential startup to invest in and we will continue to further discuss the cooperation”.