hub:raum Krakow is the innovation hub for early-stage startups created by Deutsche Telekom Group in April 2013. It focuses on supporting innovative businesses from Central and Eastern Europe by connecting team, vision, and expertise with the corporate power of the world’s leading integrated telecommunications companies. It is achieved by offering the smart money (commercialization and go-to-market through an access to over 150M Deutsche Telekom customers), comprehensive package of seed-funding (up to 300.000€ for 10-20% of equity), co-working space, mentoring and Deutsche Telekom assets. hub:raum organizes many programs to support European startups, eg. WARP Sprints and Challenge Up! IoT Accelerator with Cisco and Intel.