Sealand IoT Incubator

A 3-step incubator program designed for IoT startups. Sealand IoT Incubator uses its varied resources and experienced mentors to develop early-stage startups to the point of market entry.
Type Accelerator / Incubator
Website sealandincubator.com

Investment info

Invests in
Idea
Product or prototype
Go to market
Investment range
€ < 25K
€ 25 - 50K
€ 50 - 100K
€ 100 - 500K
Primary markets
Consumer, Companies, Marketplace
Investing in countries
Denmark

Focus areas

Consumer Goods
Consumer Goods
Fintech
Fintech
Healthcare & Life Science
Healthcare & Life Science
IT & Software
IT & Software
See all 5 focus areas

More about Sealand IoT Incubator

Sealand Incubator focuses on promising startups within the field of IoT (Internet of Things). Their own definition of IoT is the combination of software and hardware. A company can apply for the program, as long as it has IoT as part of its foundation.


Experience

The incubator is created by the Danish investment company Sealand Capital. Sealand Capital was founded in 2008 and is based in Copenhagen. The incubator builds upon mentoring from a roster of experienced business profiles.


How much do they invest?

Funding is divided over two segments, providing € 10,000 for a production-market fit and € 100,000 for market entry. Apart from capital, they also offer mentorship, business modelling, go-to-market execution, office space, 3D-printing, product design support and administrative service.


How do they work?

You apply for the program by sending them an email with a brief description of your team, market, and product. The program is divided into three steps of 1-month try-out, 6-month product-market fit, and 12-month market entry. While the 1-month try-out period is free, the following two steps cost 5% equity and 25% equity respectively.


This makes a difference to them

It is important that your team is focused and ambitious. During the program, all founding members have to be able to re-locate to Copenhagen and fully commit to the project.


A good pitch for them

As your initial application is restricted to one page, be sure to point out the strength of your team and your potential to reach a global market. The description of your product should focus on how it qualifies as IoT and its implications for the life of everyday people.


Startups they funded

Not publicly disclosed.

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