Organization · Accelerator

Hummelnest Accelerator

Hummelnest Accelerator is a startup accelerator based in Graz, Austria, established by Raiffeisen-Landesbank Steiermark. It provides tailored support to startups at various stages, focusing on business development and internationalization.

AcceleratorFunderProgram host

Overview

What Hummelnest Accelerator does

What Hummelnest Accelerator is

Hummelnest Accelerator is a startup accelerator based in Graz, Austria, established by Raiffeisen-Landesbank Steiermark. It provides tailored support to startups at various stages, focusing on business development and internationalization.

How it participates in the startup ecosystem

The current public profile supports funder and program host capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Accelerator
Structured capabilities
Funder · Program host
Last reviewed
March 5, 2026
What Accelerator means

An accelerator is a structured, short-term program designed to speed up a startup's progress toward product-market fit, traction, fundraising, or scale.

Open the glossary entry

Official channels

Find Hummelnest Accelerator elsewhere

Open the official website or a supported primary organization account.

Capability profile

Hummelnest Accelerator as a funder

Investment thesis

Hummelnest Accelerator invests in innovative startups across multiple sectors, aiming to enhance health outcomes, improve food production, drive cleaner energy systems, and promote sustainability. The accelerator supports data-driven business models and service-based technology applications.

Focus narrative

Hummelnest Accelerator invests in startups across several sectors, including healthcare, food and agriculture, energy, mobility, living and renovating, financial services, sustainability, and circular economy. The accelerator seeks innovative solutions that improve health outcomes, enhance food production and distribution, drive cleaner energy systems, redefine mobility, and promote sustainable practices.

Availability

Currently deploying
Not published

Portfolio and track record

Portfolio context

Hummelnest Accelerator has supported various startups, including Cortecs, which focuses on optimizing trading through advanced analytics; MADA Analytics, utilizing machine learning for renewable energy projects; Synctactic.AI, providing a data science platform for actionable insights; Waka World, offering metaverse services; Ruth, developing SaaS for autonomous recruitment processes; Redox NRG, working on reducing carbon footprints; Robot AI, developing software for robotic hand-eye coordination; and Mentessa GmbH, a digital platform for mentoring and innovation communities. The accelerator also supports local startups from the Styria region, referred to as 'Local Superheroes.'

Capability profile

Hummelnest Accelerator as a program host

Program thesis

The accelerator aims to enhance startup efforts by providing individualized support and fostering innovative solutions across multiple sectors.

Focus narrative

The accelerator invests in startups across diverse sectors such as healthcare, food and agriculture, energy, mobility, financial services, and sustainability. Hummelnest Accelerator encourages startups to develop innovative solutions that improve health outcomes, enhance food production, drive cleaner energy systems, and promote sustainable practices.

Value and support

Founders participating in Hummelnest Accelerator receive tailored support in business development, team growth, and internationalization. The program provides access to a network of mentors and industry experts, as well as opportunities for funding and collaboration.

Availability

Application state
Accepting
Next deadline
February 28, 2024

Focus and fit

Stages
Accelerator · Pre-seed · Seed
Regions
Europe

Alumni and track record

Alumni context

Notable alumni of Hummelnest Accelerator include Cortecs, which optimizes trading through advanced analytics; MADA Analytics, focusing on renewable energy projects with machine learning; and Synctactic.AI, offering a data science platform for actionable insights. Other alumni include Waka World, Ruth, Redox NRG, Robot AI, and Mentessa GmbH.

Common questions

What to know about Hummelnest Accelerator

Upseed classifies Hummelnest Accelerator under the Accelerator organization type. Its current public profile includes funder and program host capabilities.

Next step

Keep comparing startup organizations

Return to the organization index or continue through a verified sector, place, peer, or program connected to this profile.

Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

March 5, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.