FastTrack

About FastTrack

FastTrack operates as a purpose-driven accelerator with a focus on facilitating the entry and growth of European technology scaleups within the Asia-Pacific (APAC) markets. Founded in 2012 by Alex Olmedo and Ivan Bernard-Brunel, the firm was established to create a more equitable business expansion model than what they had observed in the venture capital and private equity sectors. The founders' backgrounds in these fields shaped their approach to foster partnerships built on shared equity and aligned interests from the outset.

The company functions as a strategic partner for established European tech companies that are prepared for significant international growth. Its business model is a hybrid, combining elements of a venture capital firm, an incubator, and a consultancy. FastTrack co-invests its own capital into the APAC operations of its partner companies, sharing both the risks and the potential rewards. This hands-on approach involves establishing local business entities, recruiting and building teams on the ground, and managing the initial go-to-market strategy to accelerate sales and regional presence. The firm has demonstrated this model's success through its work with adtech companies such as Unruly, which was later acquired by NewsCorp, and MOBKOI, where FastTrack helped establish multiple offices and deliver a significant portion of global revenues from Asia within a few years.

FastTrack specifically targets what it terms "Tech-for-Better" companies, aligning with its status as a certified B Corporation, a certification it has held since 2022. This designation underscores a commitment to balancing profit with social and environmental performance, a core tenet of its operational philosophy. The service offering for clients is structured and comprehensive, beginning with a market validation phase that includes market analysis and in-market roadshows to assess product-market fit. Following a positive assessment, the firm moves to the market entry phase, which involves setting up the foreign subsidiary and core commercial team, followed by fractional management and continued support to scale the business in the region.