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Barcelona’s S2 Xpeed Accelerates Hardware-Based Medtech Start-Ups From Prototype To Market

 
• By Marion Webb

S2 Xpeed is driving the rapid growth of medtech and hardware start-ups in Europe. Operating under a "sweat equity" model, the program helps early-stage companies move from prototype to manufacturing readiness in exchange for equity.

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Key Takeaways
  • S2 Xpeed provides €50,000 worth of acceleration services in exchange for 1-5% equity, helping start-ups transition from prototype to manufacturing.
  • Five of the 10 start-ups in the upcoming cohort specialize in medtech, tackling challenges in AI-driven fertility treatments, robotic rehabilitation and cancer diagnostics
  • S2 Xpeed recently partnered with a Portuguese asset management to fund health start-ups. Under the deal, S2 Xpeed provides €200,000 guaranteed investment and a potential follow-up of a €500,000, in addition to the specialized support program

Barcelona-based venture-backed tech accelerator S2 Xpeed symbolizes the rapid pace at which medtech companies are advancing in Europe.

From its base in the oceanside Norrsken House Barcelona, a 10,000-square-foot hub that hosts around 250 companies, S2 Xpeed helps hardware-based start-ups advance from functional prototype to manufacturing readiness.

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