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DemaTrading.ai, a Netherlands-based startup, has been selected for Tenity’s highly competitive Spring 2023 Incubation Program in Switzerland. The program offers early-stage startups the opportunity to refine and validate their business ideas and go-to-market strategies over a four-month period. DemaTrading.ai and six other promising international startups were chosen from a pool of almost 300 applicants, receiving an initial CHF 50k investment from the Tenity Incubation Fund I.
DemaTrading.ai’s unique solution provides crypto exchanges, apps, and asset managers with a plug-and-play infrastructure to offer managed portfolios to their customers, increasing safety, profitability, and ease of use. This startup’s innovative approach is expected to disrupt the crypto market and offer a competitive edge to its clients.
The Tenity Incubation Program offers a range of benefits to participating startups, including guidance and support from seasoned mentors, Tenity’s alumni, and an extensive investor network. The program will culminate in a highly anticipated Demo Day event on June 22nd, 2023.
“We couldn’t be more thrilled to welcome the 10th Incubation Batch in Zurich,” said Marc Hauser, Head of Europe and Managing Partner at Tenity. “With such a diverse range of use cases, we are confident that this batch will bring valuable perspectives and enrich the Tenity ecosystem. Our team is eagerly anticipating the opportunity to collaborate with these talented founders and be a part of their journey.”
Maximilian Spelmeyer, CIO of Tenity, added, “From our broad European deal-flow, we had the chance to select outstanding founders and unique ideas. We are more than thrilled and grateful to back our founders the first time with capital from our Tenity Incubation Fund I. We are looking forward to supporting the founders with insights, network, and additional funding in subsequent rounds.”
For DemaTrading.ai, this selection is a significant milestone in their journey towards success. Being part of the Tenity Incubation Program is expected to provide the startup with an invaluable network, mentorship, and funding opportunities that will enable it to scale its business and achieve its objectives.
Tenity’s Spring 2023 Incubation Program in Switzerland is an excellent opportunity for early-stage startups to take their business ideas to the next level. For DemaTrading.ai, being part of this program offers a chance to accelerate growth, increase its customer base, and expand its reach in the crypto market.