Based at OGR Torino, Takeoff is a five-month in-person accelerator for space, hardware and deeptech startups. It invests EUR 120,000-150,000 as a convertible security, of which 46% is benefits-in-kind, with follow-on of up to EUR 500,000-800,000 possible; because it is invested through a simple agreement for future equity, no percentage is published.
Investment
€150,000 (Above Europe & C. Asia median $54.5k · Above global median $61.3k)
Equity taken
Not disclosed
Duration
22 weeks (Shorter than Europe & C. Asia median 26 wks · Longer than global median 20 wks)