EWOR Welcomes Petter Made and Quinten Selhorst as Full-Time Partners
Portfolio - People | Nov 25, 2024 | PR Newswire Cision EWOR
EWOR, a fellowship program for tech entrepreneurs, has announced the addition of Petter Made, co-founder of SumUp, and Quinten Selhorst, founder of Felyx, as full-time partners. Based in Berlin, EWOR focuses on supporting entrepreneurs at the inception and pre-seed stage, leveraging the experience of founders who have built billion-dollar companies. Made and Selhorst are expected to enhance EWOR's mission of fostering outlier entrepreneurs through its selective fellowship program. The EWOR Fellowship boasts an impressive track record, with fellows raising, on average, €2 million upon completion. A testament to its selective nature, only 0.1% of applicants are accepted, receiving bespoke support and access to a vast network of investors. EWOR's ecosystem includes up to €200,000 in pre-seed capital, a network of over 1000 investors, 1-1 weekly coaching, and full in-house support, aiming to accelerate the journey to creating impactful companies.
Sectors
- Venture Capital & Private Equity
- Technology
- Education and Training
Geography
- Europe – EWOR is positioned in Europe, influencing the regional tech entrepreneurship landscape by providing support to European tech founders.
- Germany – EWOR is based in Berlin, Germany, which is a vital hub in the European tech and entrepreneurial ecosystem.
Industry
- Venture Capital & Private Equity – EWOR operates in the venture capital industry, offering resources and capital to emerging tech startups at the inception and pre-seed stages.
- Technology – The article centers around tech entrepreneurship, focusing on support for tech founders and their startups.
- Education and Training – EWOR provides a fellowship program that includes training and mentorship for entrepreneurs.
Financials
- €8.5 billion – Valuation of SumUp, a company co-founded by Petter Made.
- 9-figure – Valuation achieved by Petter Made for Drooms.
- €2 million – Average amount raised by EWOR fellows after completing the fellowship.
- €200,000 – Maximum pre-seed capital provided by EWOR to fellows.
- €300,000 – Support in kind including credits and discounts provided by EWOR.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| EWOR | Venture Capital | Company | A fellowship program designed to support tech entrepreneurs at the inception and pre-seed stages. |
| Petter Made | New Partner | Person | Co-founder of SumUp, joining EWOR as a full-time partner to provide mentorship and support. |
| Quinten Selhorst | New Partner | Person | Founder of Felyx, joining EWOR as a full-time partner to mentor and support entrepreneurs. |
| SumUp | Reference Company | Company | A decacorn co-founded by Petter Made, valued at €8.5 billion. |
| Felyx | Reference Company | Company | A startup founded by Quinten Selhorst, mentioned as a part of his entrepreneurial journey. |