The first batch of start-ups was proudly announced during the OpenAxel week, on the occasion of the South Summit in Madrid, in which the Spanish capital was to play host to a gathering of some of Europe’s most promising startups, including the 15 shortlisted contestants in the contest organized by the Open Acceleration community OpenAxel. The winners were awarded with and immersion bootcamp in Silicon Valley, credits that add up to almost $100,000 per team and individual coaching plans including specific mentoring sessions.