Amsterdam, 24 April 2018 – Investment fund Peak Capital, known for investments in Catawiki, IENS and others opened the registration for its Fundathon. Starting today, startups can register for a competition on Friday, June 8 where 5 startups will participate. At the end of the day the winner will receive an investment of 100,000 Euro by Peak Capital via a ‘founder friendly’ convertible note.
Peak Capital organizes a Fundathon on 8 June at the Jheronimus Academy of Data Science (JADS), located in the former Mariënburg Monastery in Den Bosch. Dutch technology startups of up to 7 years old can register from today until 15 May via https://fundathon.peak.capital/. After a careful selection, 5 startups will be invited to improve their expansion plans.
“With our Fundathon – unique in the world – we want to give startups the opportunity to experience within a day what it’s like to work with us, improve their plans and offer the opportunity to actually realize these plans with an investment of 100,000 Euro by Peak Capital “, says Johan van Mil.
On this day, a team of renowned entrepreneurs such as Marcel Beemsterboer (founder VakantieVeiling) will guide the present startups on topics such as growth hacking, internationalization and recruitment.
At the end of the day, the winner, chosen by a jury consisting of, among others, Stefan Bary, Johan van Mil, will receive a EUR 100,000 investment from Peak Capital. This investment takes place with a convertible loan of which the conditions have already been made known Link. Due to the ‘founder friendly’ terms, this investment will be interesting for every startup.
Peak Capital is a Dutch investment fund, founded by experienced entrepreneurs, that offers growth capital with active hands-on support to early stage technology companies. Peak Capital invests in rapidly growing Dutch companies such as Catawiki, Channable, Flinders, InvoiceFinance, Media Distillery, NPEX, OneFit, Peecho, StuDocu, TradeCloud and United Wardrobe. Previous investments include IENS, which was sold to Tripadvisor (NASDAQ: TRIP) in 2014, Radionomy, acquired in 2015 by the listed Vivendi (EURONEXT: VIV) and CheapCargo, acquired by PostNL (AMS: PNL).