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Tenity is a startup incubator, accelerator and early-stage VC founded in 2016 in Zürich focused primarily on Fintech, Insurtech, Regtech and Deeptech.[1][2][3] It provides incubation and acceleration programs helping startups to connect with corporates, experts, mentors, and investors for early stage venture and late stage venture investing, and collaboration opportunities.[4][5][6] The company currently has operating hubs in Zürich, Singapore, Madrid, and Tallinn.
| Company type | Private |
|---|---|
| Founded | Zürich, Switzerland (2016) |
| Headquarters | Zürich |
Key people | Markus Graf (founder) Andreas Iten (co-founder) |
| Website | tenity |
As of July 2023, the company had accepted over 280 companies into its programs who have raised more than $370mn USD combined.
History edit
In 2014, SIX (Switzerland's stock exchange) launched a new initiative to accelerate their innovation process which grew into Tenity. It was formally launched as FinTech Startup Incubator / Accelerator in August 2015 by Markus Graf and Andreas Iten in Zürich.[7] Tenity held its first program in July 2017 when it selected 14 startups among 260 international teams from the financial, insurance and regulatory technology sector.[8][9][10] Since then, more than 280 startups have gone through Tenity programs.[11]
Tenity has partnered with leading financial institutions corporate partners, including UBS, SIX, Julius Bär, Generali Switzerland, BME Bolsas y Mercados Españoles, Renta 4, TX Group, Hewlett Packard Enterprise, Franklin Templeton, Klaytn, and Microsoft Switzerland. [12][13][14]
Notable alumni companies include Yokoy, Apiax, PXL Vision, Futurae exeon, FQX, Relio, and Stableton.[15]
Structure edit
Startups can apply for Tenity's early-stage incubation programs twice a year. As per July 2023, in exchange for 2.5% participation, each company accepted into Tenity receives pre-seed investment of CHF50,000, access to the Tenity network, and a four-month accelerator program. On the last day, the 10-15 companies pitch publicly in front of investors, Tenity alumni, the local entrepreneur scene and corporate partners during the Demo day.
In addition to its early-stage incubator, Tenity hosts acceleration programs in partnership with corporates.[16][17]
References edit
- ^ "F10 FinTech Incubator & Accelerator Opens Applications for its Acceleration Program". Fintech Finance. 2017-02-17. Retrieved 2018-02-04.
- ^ "F10 accelerator programme calls for fintech start-ups". FinTech Futures. Retrieved 2018-02-04.
- ^ "F10 FinTech Incubator & Accelerator calls for 2018 P2 Applicants – Irish Tech News". irishtechnews.ie. Retrieved 2018-02-04.
- ^ "Zurich based FinTech Incubator and Accelerator F10 to Explore Luxembourg". Silicon Luxembourg. 2017-11-24. Retrieved 2018-02-04.
- ^ "Meet the F10 incubator & accelerator in Lugano". Meetup. Retrieved 2018-02-04.
- ^ "Baloise joins fintech incubator and accelerator 'F10' - Baloise Group". Baloise. Retrieved 2018-02-04.
- ^ Moneycab (2017-09-11). "Moneycab › F10 FinTech Incubator & Accelerator calls for 2018 P2 Applicants" (in German). Retrieved 2018-02-04.
- ^ "14 Startups selected for F10's Accelerator Program Startupticker.ch | The Swiss Startup News channel". Startupticker. Retrieved 2018-02-04.
- ^ "ERI has joined the F10 FinTech Incubator & Accelerator". Itone.lu (in French). Retrieved 2018-02-04.
- ^ Finextra (2017-12-08). "Swiss fintech incubator and accelerator F10 calls for applicants for third startup batch". Finextra Research. Retrieved 2018-02-04.
- ^ "F10 Global - FinTech & InsurTech Incubator & Accelerator". f10.global. Retrieved 2022-03-17.
- ^ "Tech in Asia - Connecting Asia's startup ecosystem". techinasia.com. Retrieved 2022-03-17.
- ^ "Franklin Templeton, F10 to Launch Singapore Fintech Incubator". finews.asia. 2022-02-09. Retrieved 2022-03-17.
- ^ "Fintech Incubator & Accelerator F10 Names Switzerland Banking Group Raiffeisen The Program's Latest Corporate Member | Crowdfund Insider". Crowdfund Insider. 2018-01-22. Retrieved 2018-02-04.
- ^ "F10 FinTech Incubator & Accelerator – Interview with BizGees". Strategy Support for Entrepreneurs. Retrieved 2018-02-04.
- ^ "Tech in Asia - Connecting Asia's startup ecosystem". techinasia.com. Retrieved 2022-03-17.
- ^ "F10 launches new fintech accelerator in Madrid". Finextra Research. 2021-08-25. Retrieved 2022-03-17.