Axel Springer establishes Silicon Valley hub to partner with startups and identify investment opportunities
The Client
Axel Springer is one of the largest digital media publishing companies in Europe.
The Objective
Axel Springer sought to engage with innovative startups, forging strategic partnerships and uncovering investment opportunities, thus ensuring its relevance in today's swiftly changing market.
The Solution
Our team acts as an extension of their team in Silicon Valley to identify and connect Axel Springer with relevant startups and technology companies with the goal to develop partnerships or identify possible investment opportunities.
The Outcome
In one project, Axel Springer was interested in exploring innovations around privacy. Leveraging our startups network and technology expertise, our team mapped out the technology landscape to identify the top directly relevant startups and technology companies. Our team organized in-person strategic meetings with the shortlisted companies and guided the companies through potential partnership discussions.
Axel Springer selected Silent Circle, a cutting-edge encrypted communication platform, and Gliph, a secure and private messaging system and P2P marketplace, to test out their technologies in pilots.