- The Program
Startup Creasphere is the Munich Digital Health Accelerator powered by Plug and Play. Established in 2018, by Roche and Plug and Play, it is the first Health focused program in Munich.
We believe that young innovative health tech companies hold immense potential and deserve their own dedicated program to accelerate their success. Startup Creasphere provides startups with a platform to cover exactly this need, to receive business development opportunities with leading corporations, capital, mentoring, workshops, office space (optional), and access to our global network.
We don’t see ourselves as a corporate accelerator, but rather as a global innovation platform for healthcare, where forward-thinking corporations and investors are connected to an elite group of startups sourced globally to meaningfully engage in business development and investment opportunities.
Startup Creasphere is looking for companies that innovate or disrupt the current healthcare value chain. Interest areas for the program include, (a) Digital Biomarkers, (b) Digital Laboratory Solutions for Technicians, (c) Personalized Healthcare, (d) Smart Maintenance, and (e) Big Data/Analytics.
Our check size typically ranges between $25K – $500K with a median investment size of $100K. We are mostly a seed stage & Series A investor but are open to participating in Series B and later rounds. Each of our investments occur on a case by case basis and we do not have a cookie-cutter model for investment in our batch companies. Our objective is to invest in at least 1/3 of the companies that are accepted into each batch. There is no equity requirement to participate in the program, all we ask for is your engagement!
Startup Creasphere is located at one of Munich’s top startup clusters at “Neue Balan” (Balanstraße 73, 81541 Munich) with direct access to the Metro line U2 “Karl-Preis-Platz”as well as the Bus line 54 and a 15 min walk to Munich Ostbahnhof.
Each batch takes place over a period of around 12 weeks. In case more time is required to conduct a joint pilot, individual solutions will be found.
We want to lift your startup to the next level, improve operations, shape your product and scale your business. The heart of the program is generally an (optional) piloting opportunity with Roche or one of our other corporate partners. Within the last weeks of the batch, we will intensively prepare you for our Demo Day. This is when you pitch your startup to well-known VCs, experienced business angels and our partners and mentors to secure follow-up funding.
Startup Creasphere provides state of the art office space in one of Munich’s top startup clusters, including any other infrastructure such as meeting spaces, event area, kitchen, meeting rooms of different sizes and of course internet access. All drinks and coffee are free.
Please use this link to apply. You can tell us about your team, your product, and the market you are in. The questions are geared to understand both the business and the team. We might contact you to get more information. Then, shortlisted candidates will be invited to pitch on stage in Munich in front of our jury (Selection Day). We are looking forward to receiving your application.
To match our minimum requirements you should have a legal entity, a MVP / prototype / ready to pilot and a promising and complete team.
We evaluate applications on the basis of several objective criteria. Additionally, various stakeholders with expert knowledge are involved in the evaluation process and will challenge your business idea. We guarantee that every application gets our full attention.
We try to review your application as quickly as possible and try to keep you posted. We invite applicants in time to join our Selection Day. A few days after Selection Day you will already receive the information whether you made it into the program.
Yes, absolutely! We are looking for applications from all over the world.
The program is entirely in English, and all our speakers have international profiles.
No, only certain elements of the program have a mandatory presence. You will receive detailed information about that once you have joined the program. However, we encourage startups to actively be part of our community on-site and participate in the various events.
We provide coworking space for free but we unfortunately don’t have any discount for apartments around the office. Our advice is simply to use Airbnb or join relevant Facebook groups.
No, we do not charge any fees.
We will link you up with the relevant authorities to settle your visa.
You will be provided with a letter of endorsement from Startup Creasphere which can be used as part of your visa application process. Of course your own specific visa situation will be determined by your own country and personal information. We will do everything we can to assist you with this process.
You can apply any time. We will review your application and in given case pick the right batch for you. Please note that the application review can take a while longer once the batch has started.
Please don’t hesitate to contact us using the contact form at the bottom of this page.