We believe founders deserve to know exactly what they're getting into before they apply. Here are our standard deal terms — open, honest, and founder-friendly.
XALT Venture Studio offers two fellowship tracks depending on your stage. Both include full access to our enterprise customer network, co-build team, and Atlassian Ventures pipeline.
Ideation Track: XALT Venture Studio invests up to €50,000 via a convertible note at a €750,000 post-money valuation cap. The note converts at the next qualified financing round (minimum €200K raised).
Traction Track: Up to €150,000 raised through XALT's angel and strategic friends network. Valuation and instrument (SAFE, convertible note, or priced round) negotiated individually based on traction. Standard terms, no predatory clauses.
Ideation Track: XALT receives 5% equity in the venture entity as a studio participation fee in exchange for the 12-week co-build programme, enterprise customer access, and ongoing support. This is payable once, regardless of the number of co-founders.
Traction Track: No studio participation fee. XALT's equity stake comes solely through the investment round at negotiated terms.
If the founder does not establish a venture entity within 12 months from the start of the programme, and if XALT does not exercise its investment option within that same period, the participation fee is waived.
For 12 weeks, XALT provides a dedicated team of engineers, designers, and go-to-market specialists embedded in your project. This includes:
Studio ventures get direct access to XALT's 200+ enterprise client network for pilot programmes and design partnerships. XALT will actively introduce your product to relevant customers during the co-build phase.
This is not a "warm intro" — it's a structured pilot programme where XALT's consulting team positions your product as part of their Atlassian transformation engagements.
XALT maintains a direct relationship with Atlassian Ventures, Atlassian's corporate venture arm investing $1–5M in Seed through Series B companies in the ecosystem.
Studio ventures that demonstrate product-market fit will be introduced to Atlassian Ventures for follow-on investment. This includes preferred Marketplace placement, access to Atlassian events, and mentorship from Atlassian leadership.
All intellectual property created during the co-build programme belongs to the venture entity. XALT retains no IP rights, licenses, or claims to your codebase, brand, or product.
The only exception: if XALT contributes proprietary tools (e.g., Container8 infrastructure), those tools remain XALT's IP — but you retain perpetual, royalty-free usage rights.
XALT does not take board seats, veto rights, or operational control in studio ventures. Founders retain full decision-making authority over their company.
XALT receives standard information rights (quarterly updates) and pro-rata rights in future funding rounds, which may be waived at XALT's discretion.
The co-build programme runs for 12 weeks. Post-programme, XALT provides ongoing advisory support for 12 months (monthly check-ins, customer intros, event access).
There is no lock-in period. Founders can leave the programme at any time. If a founder leaves before week 6, the investment is returned and the participation fee is waived.
| XALT Venture Studio | Typical Accelerator | Going It Alone | |
|---|---|---|---|
| Equity taken | 0–5% | 7–10% | 0% |
| Funding | €50K–€150K | €25K–€100K | Self-funded |
| Engineering team | Dedicated 12 weeks | None | Hire yourself |
| Enterprise customers | 200+ from day 1 | Demo day exposure | Cold outreach |
| Domain expertise | 10 years Atlassian | Generalist | Your own |
| Follow-on path | Atlassian Ventures | VC network | You figure it out |
| Board seat | No | Sometimes | No |
| Lock-in | None | 3–6 months | None |
Three spots per batch. Transparent terms. Real enterprise customers from day one. No hidden catches.