Entrepreneur in Residence, Beam
Fixed Term Contract
Logistics startup builder
Open for applications
Logistics startup builder
1-20 employees
Open for applications
1-20 employees
Company mission
Beam's mission is to launch stellar software startups!
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Company mission
Beam's mission is to launch stellar software startups!
Our take
There's been an increase in major corporations opening innovation hubs and accelerator programs to try and match the pace of nimbler startups - of which Beam is the incubator/accelerator supported by BEUMER Group. The builder helps founders access pre-seed funding, along with BEUMER Group's extensive network of contacts and support.
BEUMER Group is an intralogistics company, so Beam’s focus is naturally the same. It’s a company that fits neatly into the German scene: logistics is the country’s third largest economic sector, and there’s a lively startup ecosystem looking to disrupt it. It’s also the largest European region in which these kind of enterprise-supported startup schemes are run, so onboarding founders in theory shouldn’t be a hard sell.
The sticking point for Beam could be the 20% equity it requires from its startup founders, which isn’t competitive with the more typical 7-10% of its contemporaries. In a trillion euro European industry ripe for disruption, however, they may find sufficient startups happy to take on that compromise, with only time able to tell whether that will be the case.
Freddie
Company Specialist at Welcome to the Jungle
Company values
- Passion for the simple
- Motivation to discover
- Keen to invent, simplify and build
Leadership
Robert Bach
(Managing Director)Co-founded and served as MD for fair trade standards company Coffee Circle. Is also a Board Member at Codept, Sparrow Networks, Airsiders, Elara Digital, and Countercheck (all BEUMER-backed companies).