#entrepreneurship #VC #business #ecosystem #innovation
Numbers:
Investment for South Summit finalists: $8.9B+
Participant Startups: 25,000+
Exits: 50
Unicorns: 23
Survival rate: 90%
Investors: 1,300
Investment Portfolio: $135B+
Platform: 360
Date: June 8-10, 2022
Location: La Nave
HQ: Madrid, Spain
Language: English
smrs.link/SouthSummit (€119 – €1,099)
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After receiving more than 120 applications from 42 countries, the IMPACT Start-up Challenge shortlisted some great teams, all of which got a chance to present their projects at VivaTech. But among them, it also picked five winners who shared €50,000 in prizes.
Now in its sixth edition, the French Tech Next 40/120 program follows criteria that have evolved over the years to put less emphasis on paper valuations, and more on tangible revenue.
Here’s an overview of this year’s new entrants — 11 on the Next40 list, and 35 among the remaining 80.
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