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22/07/2024

NEWS LUXEMBOURG VENTURE DAYS GATHER INVESTORS AND STARTUPS IN OCTOBER 2024

On July 12, 2024, Luxembourg announced the upcoming Luxembourg Venture Days, set for October 16-17, 2024. This pivotal event will unite venture capitalists and burgeoning startups in a collaborative summit hosted by several prominent Luxembourgish organizations.

Organized annually, this summit is spearheaded by Luxinnovation, Luxembourg's innovation agency, in collaboration with the Luxembourg Private Equity and VC Association (LPEA) and Startup Luxembourg. Together, they aim to boost the national startup ecosystem by providing a dynamic platform for networking and fostering potential partnerships and investment avenues.

This year's edition of Luxembourg Venture Days marks a notable integration of several key events including the Fit 4 Start summit by Luxinnovation, LPEA’s Insights conference, and various pitching and networking sessions managed by the Luxembourg Business Angel Network (LBAN), local accelerators gener8tor and Tomorrow Street, along with the Luxembourg Open Innovation Club (LOIC).

As European startups continue to reach unicorn status, reflecting a valuation over one billion US dollars, it's evident that the continent’s startup environment is thriving. Essential to this growth are the platforms that facilitate these crucial connections between innovators and investors. Positioned at Europe’s core, Luxembourg is ideally situated to catalyze these important interactions.

Luxinnovation is committed to fostering company innovation and boosting economic growth through collaborative projects, aiming to sustain a competitive digital economy. The agency manages Fit 4 Start, a public accelerator for new enterprises.

LPEA advocates for Luxembourg’s private equity and venture capital sector, striving to establish a streamlined environment for private capital investors. It acts as a comprehensive resource for fund managers across Europe and beyond, playing a significant role in the local entrepreneurial landscape.

According to Sasha Baillie, CEO of Luxinnovation, “Luxembourg Venture Days will consolidate several prestigious events, offering startups a chance to present to diverse investors and enabling investors to forge new partnerships. We're excited about this collaborative initiative, which will enhance Luxembourg as a thriving startup and investment hub.”

Stephane Pesch, CEO of LPEA, highlights, “Luxembourg is a significant center for major private equity and venture capital players in Europe. Our partnership with Luxinnovation will spotlight this community as central contributors to our ecosystem.”

The event will be held at Luxexpo The Box in Luxembourg-Kirchberg. It will feature a matchmaking zone designed to optimize interaction among attendees.

Detailed events of the Luxembourg Venture Days 2024 include startup pitches, exclusive networking sessions, and insightful panel discussions culminating in a closing ceremony with keynotes and the announcement of startups advancing in the Fit 4 Start program.

This article is based on information provided by Luxinnovation and the LPEA. All information has been rephrased and analyzed for clarity and brevity.