EWOR raises 60 million euros

Unicorn founders invest in next generation of founders. EWOR receives 60 million euros for startups with international potential.

Berlin, April 29, 2025 - The Berlin-based start-up platform EWOR has closed a financing deal worth 60 million euros. The aim of the investors, which include founders from SumUp, Adjust, ProGlove, united-domains and Sigma Squared Society, is to provide start-up talent with up to 500,000 euros in seed capital and support them in building scalable technology companies.

Selection instead of masses: few teams, targeted support

EWOR does not see itself as a traditional accelerator, but rather as a platform that specifically selects a small number of start-up talents - on average 35 from over 35,000 applications each year. The focus is on ideas with great international potential. In addition to capital, the fellows receive direct support from experienced entrepreneurs, international networks and individual growth resources.

We do not use standard programs. We work on an equal footing with founders, as if we were co-founders ourselves.

Daniel Dippold, co-founder of Ewor

The model is based on the idea of co-entrepreneurship, where the focus is on entrepreneurial implementation and personal support.

First successes already visible

The results to date confirm the approach: all of the 22 most recently funded start-ups have completed financing rounds of between one and eleven million euros within just a few months. Examples include the HealthTech start-up Aspect Health with a valuation of 50 million euros, Artifact AI with financing from Andreessen Horowitz and Thaleron with Europe's largest pre-seed financing to date (11 million euros) for a first-time founder.

Capital structure: GmbH plus fund model

Of the total EUR 60 million, EUR 30 million will flow into EWOR GmbH, which runs the operational business, and a further EUR 30 million into a Luxembourg investment fund. The start-up capital commitment for fellows is EUR 500,000 per company - of which EUR 110,000 comes directly from the GmbH and EUR 390,000 from the fund via an uncapped convertible loan.

EWOR offers an environment designed for substance, experience and real implementation.

Jörgen Tveit, founder of Thaleron and EWOR Fellow

Unlike accelerators or incubators, EWOR focuses on direct exchange with serial founders who have built billion-dollar companies themselves. These include Ricky Know (Azimo, Tandem Bank) and Andrew Nutter (Westwing, space technology). The combination of capital, knowledge and global networking makes the model attractive for ambitious tech founders with big visions.