Seedcamp Week 2010 sees Increasingly Savvy and Female Entrepreneurs

logo_seedcampSeedcamp Week 2010 will take place on September 13-17 in London, and the participating teams will come from all over Europe. According to Seedcamp, among the applications this year the following trend was found: technology + fashion, SaaS, further geographic diversification, more female entrepreneurs, and increasingly savvy entrepreneurs.

Seedcamp was started 3 years ago, it is a for profit micro-fund with large investors behind it, such as Balderton Capital, Daughty Hanson, Nesta and Index Ventures, and a large pool of volunteering mentors.

The increasing prominence of Seedcamp has been described by Saul Klein, the founder in a very lengthy and interesting article, called Seedcamp: thoughts on the evolution of a startup, in November 2009 on his blog.
Seedcamp Week is an intensive week-long event held in London every September and is targeted at young entrepreneurs from across EMEA. At the end of the week, the fund will make the funding decision to invest up to €50K each in 5 teams for a small equity stake (8%-10%).

To get into Seedcamp week, teams apply to the regional mini Seedcamps happening all over Europe during the year. The best teams from this selection will then be determined by a judging committee which will select up to 20 teams to participate in the event.

Since 2007, Seedcamp has handled more than 2,500 applications, hosted 25 events around the world, mentored 540 teams and made 22 investments. The portfolio and alumni have attracted follow-on investments by from top tier firms including Union Square Ventures, Redpoint, Index Ventures, TAG and Eden Ventures.The nine Mini Seedcamp events that happened around the world this year served as a funnel for Seedcamp Week 2010. At the last London event in July, the following companies were elecetd:

  • Editd - Fashion industry data analysis and forecasting
  • Eyequant - Fast eye tracking results for websites
  • FinanceACar - Comprehensive comparisons for car finance
  • Memrise - Memory enhancement techniques applied to online learning
  • PageDo - Automated landing pages
We will be covering the Seedcamp Week 2010.