Loading organizations...

Key people at next media accelerator GmbH.
Next Media Accelerator GmbH operated as an early-stage acceleration program, specifically designed to support media and marketing startups. The accelerator provided crucial investment and structured guidance, focusing on fostering innovation and growth within the evolving media landscape. Its core offering centered on identifying promising new ventures and equipping them with the resources needed to develop and scale their businesses effectively.
The company was founded in 2015 by Dirk Herzbach and Nico Lumma, emerging from an insight into the necessity of revitalizing and supporting new business models within the traditional media sector. Nico Lumma, with a background in digital and media strategy, co-initiated the accelerator in collaboration with the German Press Agency (dpa), leveraging established industry networks and expertise to launch the venture.
Next Media Accelerator GmbH served a diverse cohort of early-stage media and marketing startups, connecting them with mentorship and capital. It was financially supported by a consortium of over 30 German media outlets, reflecting a collective vision to drive forward the media industry through strategic investments in new digital solutions and entrepreneurial talent. The accelerator aimed to cultivate a vibrant ecosystem for media innovation.
# Next Media Accelerator GmbH: Europe's Premier Hub for Media Innovation
Next Media Accelerator (NMA) is a pan-European startup acceleration and innovation services firm headquartered in Hamburg, Germany, that specializes in connecting early-stage technology startups with the media and marketing industries.[2] The organization operates as a network-driven accelerator that identifies and nurtures startups creating new information experiences and tools, with a particular focus on bridging the gap between innovative founders and established media organizations across Europe, Israel, and the United States.[1][3]
The firm's core mission centers on democratizing access to startup-driven innovation for both emerging companies and established media corporations. Rather than pursuing traditional venture capital returns alone, NMA has evolved into a multifaceted innovation services provider that helps corporates identify, evaluate, and collaborate with startups without necessarily taking equity stakes.[2] This venture clienting model represents a significant departure from conventional accelerator economics, positioning NMA as a strategic intermediary in the media technology ecosystem.
Next Media Accelerator was founded in 2015 as an early-stage acceleration program specifically designed for media and marketing startups.[2] The organization emerged from a collaborative effort among several independent partners who recognized a critical gap in the European startup landscape: media companies lacked systematic access to innovative technology solutions, while talented founders struggled to navigate the complex media industry landscape.[1]
From its inception through 2021, NMA ran a traditional six-month batch acceleration program in Hamburg, investing in and working with 78 startups originating from Europe, Israel, and the United States.[2] During this period, the accelerator successfully positioned itself as the leading pan-European startup program for innovation in media and marketing, building a robust ecosystem comprising startups, media partners, venture capitalists, mentors, and investors.[2] The organization's credibility was further strengthened by its backing from over 30 media outlets in Germany and Austria, which provided both financial support and industry credibility.[3]
A pivotal evolution occurred between 2020 and 2023, when NMA became part of two pan-European initiatives—STADIEM and Media Futures—that expanded its influence across the continent and deepened its engagement with the broader European media ecosystem.[2] This period of institutional partnership validated NMA's approach and positioned the firm as a key player in shaping media technology innovation at a continental scale.
Unlike traditional venture capital firms that rely primarily on deal flow and financial returns, NMA's fundamental strength lies in its unparalleled network of media industry stakeholders. The organization has cultivated relationships with over 30 media outlets across Germany and Austria, combined with an international network spanning Europe, Israel, and the United States.[3] This network serves as both a deal sourcing mechanism and a value-creation engine for portfolio companies.
Since 2023, NMA has pioneered a venture clienting approach that fundamentally differs from conventional accelerator models.[2] Rather than forcing startups into a binary choice between raising venture capital or remaining bootstrapped, NMA helps established corporations identify and collaborate with startups on specific innovation challenges. This model reduces friction for both parties: startups gain revenue and validation without dilution, while corporates access cutting-edge solutions without the overhead of internal R&D.
NMA's deep vertical focus on media and marketing technology provides a significant competitive advantage. The firm understands the regulatory environment, business model dynamics, and strategic priorities of media companies in ways that generalist accelerators cannot replicate. This specialization enables more meaningful mentorship, better founder-investor matching, and more strategic corporate partnerships.
Operating from Hamburg with partnerships across multiple countries, NMA transcends the limitations of single-market accelerators. This geographic diversity attracts international talent and provides startups with access to multiple media markets simultaneously, a critical advantage in an industry where content and distribution are inherently cross-border.
NMA's participation in EU-funded initiatives like Media Futures and STADIEM, supported by decisions from the German Bundestag, provides institutional legitimacy and access to public funding mechanisms that complement private capital.[2][4] This hybrid funding model reduces dependence on venture capital cycles and aligns the firm with European policy priorities around digital innovation.
NMA operates at the intersection of three powerful trends reshaping the media industry: the digital transformation of legacy media companies, the fragmentation of content distribution, and the rise of AI-driven personalization and content creation tools.
The acceleration of media industry digitalization has created an urgent need for established publishers and broadcasters to innovate faster than their internal capabilities allow. Traditional media companies face existential pressure from digital-native competitors and changing consumer preferences, yet their organizational structures often inhibit rapid experimentation. NMA's venture clienting model directly addresses this structural problem by serving as an external innovation laboratory for media corporations.
Simultaneously, the proliferation of media technology startups—from content management systems to audience analytics platforms to AI-powered editorial tools—has created a fragmented landscape where discovery and evaluation represent significant barriers. NMA's curation function, backed by deep industry expertise, helps both startups and corporates navigate this complexity. The firm essentially functions as a trusted filter in an increasingly noisy market.
The firm's evolution from pure acceleration to broader innovation services reflects a maturing understanding of how startups actually create value within established industries. Rather than assuming that venture capital and mentorship alone drive success, NMA recognizes that startups in regulated, relationship-intensive industries like media require strategic partnerships, regulatory guidance, and access to distribution channels that only incumbents can provide.
Next Media Accelerator has successfully positioned itself as Europe's most credible bridge between startup innovation and media industry incumbency. The firm's transition from a traditional accelerator model to a venture clienting platform suggests a sophisticated understanding of market dynamics: the real value lies not in identifying winners early, but in systematically connecting the right innovators with the right corporate partners at the right moment.
Looking forward, NMA's influence will likely expand as media companies increasingly recognize that outsourcing innovation discovery to specialized intermediaries is more efficient than building internal venture arms. The firm's EU-backed status and pan-European network position it well to capture a disproportionate share of this emerging market for innovation services.
The critical question for NMA's trajectory concerns scalability: can the firm maintain its reputation for quality curation and deep industry relationships while expanding into adjacent sectors beyond media and marketing? The organization has already signaled this ambition by expanding its service offerings to "other industries," suggesting that the media expertise represents a proof-of-concept for a broader innovation services platform.[2] If executed successfully, this expansion could transform NMA from a specialized accelerator into a pan-European innovation services powerhouse. If mishandled, it risks diluting the brand equity and network effects that currently define the firm's competitive moat.
Key people at next media accelerator GmbH.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 1, 2021 | Medieninsider | $60K Seed | — | — |
| Mar 1, 2020 | mPower Technology | $2.0M Series A | — | Cottonwood Technology Fund, NMA Ventures |