- Felix Bellinger is with Axel Springer SE in new business development - Axel Springer SE is a large German media company with over 14,400 employees that owns 230 newspapers and 160 online offerings - The company is proposing a partnership with Plug and Play Tech Center, an accelerator program that has worked with over 1,500 startups since 2006 and facilitated $1.5 billion in funding - As part of the proposed partnership, Axel Springer SE would provide synergies and mentors to startups in Plug and Play's 3 month accelerator program in exchange for a 5% equity stake in participating startups