Takeoff Accelerator

AI Verified

Location

Italy


Investor type

Accelerator/Incubator


Current investment status

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Website

https://takeoffaccelerator.com/


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Company address

Corso Castelfidardo, 10138 Turin, Piedmont, Italy


Founding year

2022


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Criteria Requirements Match
Regions Eastern Europe, Southern Europe, Western Europe
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Stage Pre-Seed, Seed, Bridge
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Company description

Takeoff Accelerator represents a groundbreaking collaboration between CDP Venture Capital Sgr and Plug and Play, with significant backing from Fondazione Cassa di Risparmio di Torino and UniCredit serving as both Promoters and Co-Investors. This pioneering initiative stands as Italy's first accelerator program exclusively focused on aerospace technology and advanced hardware development. With OGR Turin providing crucial innovation and networking support, Takeoff creates a comprehensive ecosystem designed to nurture early-stage ventures in these highly specialized technical domains.

The accelerator's investment strategy targets seed and early-stage startups developing cutting-edge solutions in satellite technology, drone systems, aerospace manufacturing, advanced materials, and hardware innovations. Participating ventures typically receive initial investments ranging from €100,000 to €300,000, with potential follow-on funding for high-performing companies. Takeoff's portfolio companies benefit from an extensive network of industry partners, including connections to major aerospace corporations, research institutions, and potential customers across Europe.

Beyond capital, Takeoff delivers substantial value through its comprehensive acceleration program, which includes specialized mentorship from industry veterans, technical expertise, and access to testing facilities. The accelerator leverages Turin's rich industrial heritage and growing reputation as an innovation hub for advanced manufacturing and aerospace technologies. The program's structured curriculum guides founders through critical business development stages while providing opportunities to validate technologies with established industry players, creating pathways to commercial partnerships and additional investment rounds.

Since its inception, Takeoff has established itself as a vital component of Italy's growing aerospace ecosystem, helping position the country as an emerging center for space economy innovations within Europe. The accelerator maintains strong connections to international markets, particularly across the EU, UK, and North America, facilitating global expansion opportunities for its portfolio companies. By bridging financial resources with industrial expertise, Takeoff addresses a critical gap in the European aerospace startup landscape, enabling promising ventures to overcome the significant capital and technical barriers typical in hardware-focused sectors.

Highlights

First Italian accelerator for aerospace and advanced hardware
Connects startups with financial and industrial partners

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Frequently asked questions

Where is Takeoff Accelerator located?

Takeoff Accelerator maintains its global headquarters in Italy, serving as the strategic center for its operations. The company's primary corporate offices are located at Corso Castelfidardo, 10138 Turin, Piedmont, Italy.

What investment stages Takeoff Accelerator focuses on?

Takeoff Accelerator focuses its investment activities on companies operating in the following stages: Pre-Seed, Seed, Bridge. Takeoff Accelerator provides strategic capital and expertise to support promising businesses at these critical phases of development.

Where does Takeoff Accelerator invest?

Takeoff Accelerator maintains a strategic global investment presence, actively seeking opportunities across the following key regions: Eastern Europe, Southern Europe, Western Europe.

When was Takeoff Accelerator founded?

Takeoff Accelerator was established in 2022, marking the beginning of its journey as an investment firm.

What kind of investment firm is Takeoff Accelerator?

Takeoff Accelerator is the following type of investment firm: Accelerator/Incubator. The organization provides capital and strategic support to entrepreneurs and growing companies.