BRING META INTO THE REAL WORLD:

XR STARTUP ACCELERATOR

Join the Wise Guys XR accelerator program and get everything you need
to speed up the arrival of the meta world.
February—June 2023

Grow your startup and get funding

Get up to €100,000 convertible investment (70K cash + 30K program) + €250,000 as a follow-on opportunity

Build a sustainable business

Learn about the latest business, marketing, sales, and investment trends within the industry and set your startup for long-term success

Get support from top mentors

Get access to the top industry experts and practitioners, as well as hands-on support to all things business development

Set Your XR Startup For Real-World Takeover

Wise Guys XR is a one-of-a-kind accelerator designed to equip startups
that help to build the meta world with everything they need — to grow, reach maximum potential, and stay for the long haul.

What

A 20-22-week hybrid accelerator program that requires your onsite presence for 6-8 weeks.

When

The program runs from February 13 (2023) to June 30 (2023). Applications open from October 18 to January 12.

Where

Wise Guys XR will be hybrid so they’ll be online and offline. While onsite, you’ll get to enjoy our busy yet cozy spaces.

12+ Focus Areas. 4 Blueprints. Tailored Approach.

While the program comes with a fast-paced intensive setup, you will get to have one-on-ones with our mentors, coaches, and guest industry experts.

SALES & TRACTION BUILDING

  • Refining your sales strategy
  • Finding the right target markets
  • Assessing your audience potential
  • Creating a futureproof marketing strategy

PITCH TRAINING

  • Learning how to pitch to various investors—from business angels to VCs
  • Perfecting your pitch deck and pitch delivery
  • Learning how to develop a data-driven pitch and handle the Q&A

COMPANY BUILDING

  • Building a strong dedicated team
  • Setting KPIs and goals: various frameworks, tracking, company-wide onboarding
  • Customer discovery: how to find the right target market & audience
  • Determining your startup’s key strengths and unique value proposition

FUTURE-PROOFING FOR SUCCESS

  • Defining a 12-month development roadmap across tech, sales, and overall business strategy
  • Ins and out of fundraising: strategy, determining your needs, networking, and investor management
  • Unique exposure to SWG’s wide network of VCs, investors, commercial partners, and alumni

Dates You Don’t Want to Miss

Wise Guys XR startup accelerator is a hybrid program that includes both online and offline modules. For the on-site parts of the program.

Applications open

October 18

Applications closed

January 12

Program Starts

February 13

Program Ends

June 30

What startups can apply for the Wise Guys XR acceleration program?

Extended Reality has been on the map for a while now. And here at SWG, we do believe it’s the future. So we lend our hand to startups that can get us all one step closer to the metaverse. This is a super intense acceleration program developed for more mature startups. Here’s what you should have in place if you want to be a part of this amazing acceleration journey:

Startups representing these sub-verticals:

  • Augmented Reality
  • Virtual Reality
  • Mixed Reality
  • 3D and graphics tools and marketplaces
  • Metaverse
  • Spatial Compute
  • Phygital
  • Visualisation and interfaces for Web3
  • Machine vision and learning within the XR field of implementation

Startups meeting these selection criteria:

  • B2B focus;
  • A team of at least two founders;
  • A working MVP (minimum viable product);
  • Initial traction (can be shown through MRR, paid pilots, one-time payments for product test/usage, etc.);
  • Global ambition;
  • Free spoken English as the entire program will be run in English.

Futureproof Your Startup With Startup Wise Guys

Startup Wise Guys (SWG) is one of the leading investors in the broader CEE and CIS regions, as well as Nordics. With 300+ successful startups in our portfolio and a strong team of top-notch mentors and serial entrepreneurs, we have the experience and knowledge to help you grow your startup—sustainably, wisely, and globally.

13

exits

340+

portfolio companies

600+

founders network

80%

Survival rate

285M€

raised by portfolio startups

Meet Your Top-Notch Mentors

With Startup Wise Guys, you get access to a 250+ network of leading industry experts who will coach and mentor you throughout your acceleration journey.

Richard Ward

Global lead Enterprise VR, McKinsey & Company

Dave Haynes

Partner at FOV Ventures

Harriet Bartlett

Head of Community Relations at Laval Virtual

Angelo Del Priore

Partner at HP Tech Ventures

Petri Rajahalme

Founding Partner at FOV Ventures

Inga Petryaevskaya

Founder, CEO at ShapesXR

Jenna Seiden

VP Business Development at Niantic

Asha Easton

Immerse UK Lead at KTN, Co-Founder XR Diversity Initiative
And more… Take a look

Team

Running an accelerator is a bit like running a sports camp! This is the kick-ass team that will keep you on track with KPIs, give constructive feedback, and make sure that you get the best program content possible.

Giovanni Khoury

Program Managing Director

Andrey Lunev

Venture Partner XR

Cristobal Alonso

Company building track owner, Global CEO

Zane Bojare

Pitching track owner, Head of Brand

Alexandra Balkova

Fundraising track owner, Head of Portfolio

And more… Take a look

BRING YOUR XR STARTUP TO THE NEXT LEVEL

With more than 275+ startup investments behind our back and a solid team of serial entrepreneurs and passionate mentors – we for sure have what it takes to help you speed up your business and scale internationally! Hit the button below and become a part of the Startup Wise Guys family!

FAQs

Our programs are meant for B2B startups. We do sometimes work with B2B2C companies, but we do not work with B2C startups.

To be eligible for the full-time acceleration program you need to have:

  • at least a working MVP;
  • at least 2 co-founders/team members;
  • initial customer traction, MRR or revenues.

  • After the submission of the application to the Dealum, the Scouting team evaluates the application for eligibility. It can take up to 2 weeks for us to get back to you after we have received your application.
  • If the application fits our criteria we might ask you additional questions and invite you to take part in the pitch day to present the business to SWG General partners and team members.
  • Pitch day is an internal event to evaluate the business idea and meet founders face to face, after the pitches SWG team decides how to proceed with the application. Decisions are: move forward with Due Diligence, offer Wise Guys Pre-accelerator program, reject or stay in touch until later.
  • Due diligence process includes: the Tech call, Managing Director call, Partner/ expert call, and the Deal call.
  • After the startup has successfully gone through the due diligence process they are invited to the Selection Bootcamp.
  • TOP 10-12 teams are selected to participate in the acceleration program.

It’s an up to €100K convertible investment (70K cash + 30K program) with a €250K follow-on possibility after the program ends.

Throughout the program, there are four main focus areas on which we are working to help you build and grow your startup: Company building, Sales and marketing, Fundraising and Pitching, and Product building.

Work in these areas happens through intensive collaboration with almost 100 mentors at workshops, one-on-one sessions, and sprint weeks, as well as through a dedicated implementation time throughout the program.

A full-time commitment is a requirement to participate in the program.

The Scouting team evaluates each application and decides what program the startup is eligible for. If we see the potential in the project, but it is still a little too early for acceleration we invite the startup for the 8-week long pre-acceleration program, where we provide mentoring and support to help startups grow faster. After the Pre-acceleration the best teams might get invited to take part in the full-time Acceleration program.

The acceleration program is a 5-month program and comes with an investment. The main criteria to be eligible for the equity-based program are:
– a working MVP
– at least 2 co-founders
– initial traction. MRR/ revenues.

Overall there are no restrictions except for Russia or Belarus-based companies.*

You have to take into account that the workshops, mentoring sessions, and other program activities will happen according to the CET time zone, so you might have to adapt to this schedule.

Also, it’s a hybrid program with online and onsite modules, therefore, if there are no Covid related restrictions, some parts of the program will happen onsite at our Malaga office, and you’ll be expected to be there.

*Startup Wise Guys does not and will not invest in Russia and/or Belarus-based companies (or companies that have business activities in Russia and/or Belarus and/or any other company which has management bodies and/or beneficial owners in Russia and/or Belarus). Nevertheless, we do support Russian- or Belarusian- origin startup founders who actively oppose Putin’s aggression and his regime.

For more details read our full statement and stand regarding the war in Ukraine.

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