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Med Angels’ Techne Summit aims to get seed capital flowing to Mediterranean startups

Med Angels’ Techne Summit aims to get seed capital flowing to Mediterranean startups

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This year’s edition of the Techne Summit will be held virtually next week, bringing together startups and investors in the Mediterranean for talks, networking, and deal-making.

The event, taking place June 12-14, is supported by the Mediterranean Business Angel Investment Network (Med Angels). The network was launched late last year to address shortages in the availability of seed capital for startups in the Mediterranean region.

Founded by Tarek El Kady, the group’s remit covers the vast swathe of startup ecosystems dotted along the Mediterranean, from Croatia to North Africa. It coordinates a network of investors to promote cross border deals and get vital early stage funding flowing into startups.

The Techne Summit aims to continue that mission by connecting startups and investors in the region and improve deal flow. Entrepreneurs and investors from more than 30 countries will be taking part.

First launched in Egypt, Techne Summit has taken place in Dubrovnik the last two years. This year’s instalment was originally scheduled to take place in-person in Dubrovnik again but has been rescheduled as a virtual event in light of COVID-19.

In a virtual setting, Techne Summit will maintain its focus on investment and entrepreneurship in the Mediterranean. The summit is split into five distinct tracks: fintech, healthtech, media and marketing, Startup Academy, and investor bootcamps. Meanwhile attendees will have access to virtual talks and meeting spaces.

Speakers from around the globe will join the Techne Summit over the three days. They include investors and founders such as 500 Startups venture partner Tristan Pollock, 37 Angels chief executive Angela Lee, and Hoxton Ventures partner Hussein Kanji.

Angela Lee, who is also chief innovation officer at Columbia Business School, will host a master class while another will be hosted by John Harbison of Californian organisation Tech Coast Angels. Both speakers will be providing their insights into entrepreneurship and investing.

Techne Summit will also host the Startup World Cup, a competition for tech startups that will culminate in the finals in Silicon Valley with a top prize of $1 million.

Tickets for Techne Summit, which are available in different tiers, are available now.

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