Founded in 2013, they offer a 100-day acceleration program, a place to work, access to a global network, and 25,000 Euro funding in exchange for 5% equity. They invest in startups operating in the technology sector and provide ongoing support through their team, alumni network, and connections. As a joint venture between the Plug and Play Tech Centre and Axel Springer, they offer international opportunities and are not bound to one region or topic.