Luxembourg's successful return to Slush

Luxembourg Chamber of Commerce, in close collaboration with Startup Luxembourg, organised a visit to the Slush 2022 from 16^th – 18^th November 2022. With over 35 participants, the delegation encompassed institutions, startups, investors and business angels.

With tickets sold out months before the event, this year’s packed edition of Slush witnessed crowded alleys flocked by attendees from all over the world. Innovative startup stands, country pavilions, corporates showcasing their innovative road maps are the main features of Slush 2022.

This edition kept its promise of providing a wide panoply of opportunities thanks to the presence of qualified audiences, side events and matchmaking events. The event was inaugurated by Eerika Savolainen, CEO of Slush, who highlighted the 1 investor per startup ratio as well as the fact that 1M EUR will be raised in funding for the startup that wins the Slush 100 pitching competition.

A unique side event to represent Luxembourg

Slush has grown into the largest single gathering of venture capital in the world – 2,200 investors ranging from VCs to angels, CVCs, and LPs, all looking for the next big thing. Slush 2022 brought together the world’s leading founders, investors, executives, and media for a curated gathering of 12,000 attendees.

Luxembourg also hosted a side event with the objective to present its dynamic startup ecosystem. Unique in its composition, it brought together various players from our ecosystem, including representatives from the financial industry, to best showcase both Luxembourg investment and start-ups' ecosystems.

VCs, Business angels and entrepreneurs

The session was moderated by Bastien Berg, Coordinator of the Luxembourg-City Incubator, who, after an opening speech from H.E. Mr Henri Schumacher, Ambassador of Luxembourg to Finland, introduced a presentation of Luxembourg by Michele Gallo, Director Digital Technologies & Startup at the Luxembourg Ministry of Economy, and Mattia Musetti, Advisor Business Development from Luxembourg for Finance.

The fireside chat with a Luxembourg-based GP included an interesting discussion between Stephane Pesch, CEO of the Luxembourg Private Equity & Venture Capital Association and Laurent Hengesch, Founding Partner of Ilavska Vuillermoz Capital.

The session was wrapped-up with a discussion on scaling up from the heart of Europe, which encompassed a discussion between investors and entrepreneurs from Luxembourg namely: Teona Khubutia, Manager, Luxembourg Business Angel Network, Matias Mäenpää, Co-founder LEAP, Matteo Cernuschi, Co-Founder, ANote Music and Jordan Vannitsen, CEO & Co-Founder, Odysseus Space. The side event was concluded with a networking session amongst the participants.

The 2022 edition of Slush was certainly very promising. Given the success of this year’s edition and the optimistic mindset that infused the event, Luxembourg companies were very vocal about their impatience to attend the next edition.