⭐️Trends to keep an eye on in 2024 pt.3

Automation and technology adaptation

💻Consumers have always been interested in new technology they could master to improve their lives with. Businesses also keep adopting automation to ensure efficiency and stay competitive.

🚀Consequently, the fintech industry has seen a recent boom of in-market success as many businesses and customers are benefiting from the recent advancements within the industry.

📌For example, financial literacy solutions and online-only banking have been undoubtedly favored during the pandemic as they allowed for remote access, learning, and communication.

👕Source

🛡Powered by V3V Ventures

⭐️Trends to keep an eye on in 2024 pt.4

Portfolio diversification

💫With increasing globalization and digitization of investing, geography has become less of a concern for venture capitalists.

💻Within the tech industry there has been a recent decentralization of capital away from Silicon Valley-based companies and increased capital in other cities all over the world.

➡️Relatedly, this trend has expanded not only from a geographical and globalization standpoint. It has also impacted the diversification of the way investors think about how global disasters, movements, and trends impact a portfolio.

👕For example, the pandemic and other global events have proven to investors that these investing types can coexist within a portfolio and find success.

👕Source

🛡Powered by V3V Ventures

⭐️Trends to keep an eye on in 2024 pt.5

Cryptocurrency

🏆With the expected global blockchain market of $39.7 billion by 2025, it is unlikely that cryptocurrency is going anywhere soon.

🔥And although it can be applied to the previously mentioned automation and technology adaptation trend, as cryptocurrency is an offshoot of fintech, its exponentially expanding market size makes it enough of a trend to stand on its own.

🎥VCs have found that cryptocurrency offers an alternative trading approach, as it's not as regulated as traditional investing. Like the initial public offering (IPO), cryptocurrency uses initial coin offering (ICO) that allows companies to raise funds with digital coins.

🔵This method has proven to be quite fruitful for both VCs and companies alike that may be looking for more flexible ways to invest or find funding, respectively.

👕Source

🛡Powered by V3V Ventures

⭐️Top Venture Capital Firms pt.5

🔵MassChallenge

➡️MassChallenge is a startup accelerator providing early-stage capital and mentorship to startups across North America and Europe.

Details of the VC firm:

➡️Country: USA, Israel, Mexico, Switzerland, South Korea, Australia, China, Colombia, France, Poland, Ireland, Taiwan, Thailand, United Kingdom, Spain, Russia, Morocco
➡️Founders: John Harthorne, Akhil Nigam
➡️Industries: Fintech, Healthcare, Cybersecurity, Climate &
➡️Funds raised: $8,600,000,000
➡️3 remarkable investments: Frenalytics, Neurava, SheFly

👕Source

🛡Powered by V3V Ventures

⭐️Top Venture Capital Firms pt.4

🔵SOSV

➡️SOSV is an international venture capital backing deep tech founders from their pre-seed stage to their growth stage in human and planetary health.

Details of the VC firm:

🔼Country: USA, China, Taiwan, Ireland
🔼Founders: Sean O'Sullivan
🔼Industries: Health & Wellness, Deep Tech & Hard Science, E-Commerce, Consumer, IoT, SaaS, Robotics etc.
🔼Funds raised: $527,000,000
🔼3 remarkable investments: Roadie, Leap Motion, Motiv

👕Source

🛡Powered by V3V Ventures

⭐️Top Venture Capital Firms pt.6

🔵New Enterprise Associates

➡️New Enterprise Associates partners with ambitious entrepreneurs worldwide across multiple stages and sectors.

Details of the VC firm:

🔥Country: USA
🔥Founders: Chuck Newhall, Frank A. Bonsal, Jr., Richard Kramlich
🔥Industries: Enterprise, Consumer, Life Sciences, AI & ML, Education, Fintech
🔥Funds raised: $21,300,000,000

👕Source

🛡Powered by V3V Ventures

⭐️Top Venture Capital Firms pt.7

🔵Accel

➡️Accel invests in startups across multiple industries from seed stages to late growth stages.

Details of the VC firm:

🔥Country: USA, United Kingdom, India
🔥Founders: Arthur Patterson, Jim Swartz, Prashanth Prakash
🔥Industries: Cloud, Cybersecurity, Consumer, Media, Fintech
🔥Funds raised: $18,300,000,000

👕Source

🛡Powered by V3V Ventures

🔥‘Dry Powder’ Surplus

🚀At the end of Q1 2024, dry powder reached a record-high surplus of over $300 billion. This figure—also known as uncommitted capital— reflects the remnants of booming fundraising in 2021 and 2022, and the halt in capital spend since that time, as well as a sign of economic conditions.

💻A search for “dry powder capital” on the AlphaSense platform shows a significant increase in document activity over the last 90 days, as this trend remains top of mind for VC investors.

💫According to a recent EY survey, 93% of CEOs said they plan to increase or maintain investment in corporate venture capital funds in 2024, signaling an expanding pool of VC capital and potential offramp to M&A activity.

👕Source

🛡Powered by V3V Ventures

👕Sustainable Start-Ups Gaining Momentum

💻Venture capital investors are increasingly setting their sights on sustainable and climate tech start-ups. One VC sustainability investor in particular set forth a plan to reduce 10% of global carbon emissions by 2035 by investing in 100×100 companies.

🎥These are sustainability start-ups designed to mitigate 100 megatons of emissions in ten years while generating $100 million in revenue.

👌As the world evolves to adopt sustainability more holistically, it is no surprise that many lucrative, purpose-driven enterprises have sprouted as a result.

💫Sustainability has proven itself an evergreen investment theme rather than a passing trend. Just as ESG investing has long taken precedence with institutions and public companies, sustainability-focused investments are gaining momentum among VC investors as well.

👕Source

🛡Powered by V3V Ventures

⭐️Top Venture Capital Firms pt.8

🔵Sequoia Capital

➡️Sequoia Capital is a renowned global VC firm that invests in startups in the energy, financial, enterprise, healthcare, internet, and mobile industries.

Details of the VC firm:

🔵Country: USA, China, Hong Kong, India, Israel, Singapore
🔵Founders: Aadit Palicha, Bill Coughran, Don Valentine, Santana Henry
🔵Industries: AI & ML, Consumer, Crypto & Blockchain, Enterprise, Fintech, Healthcare, Internet & Mobile
🔵Stages: Early Stage, Seed, Growth
🔵Funds raised: $22,000,000,000

👕Source

🛡Powered by V3V Ventures

⭐️Top Venture Capital Firms pt.9

🔵Intel Capital

Intel Capital is fueling the future of compute by investing in cloud, AI, 5G cybersecurity, enterprise applications and more.Intel Capital is fueling the future of compute by investing in cloud, AI, 5G cybersecurity, enterprise applications and more.

Details of the VC firm:

🚀Country: USA
🚀Founders: Les Vadasz, Peter Levin
🚀Industries: Cloud, AR & VR, Gaming, Hardware, Manufacturing
🚀Funds raised: $12,500,000,000
🚀3 remarkable investments: Razer, Animoca Brands, Docusign

👕Source

🛡Powered by V3V Ventures

🔵Invest Europe has released a fresh report on the state of the European venture capital industry

The main conclusion is that the states were the most important investors in VC funds in 2023. Only the share of state revenues has grown in a year-on-year ratio. 💫

🙂The second and third places after the states are occupied by private investors and family offices. And the share of corporate money in funds fell by 16% compared to the previous year.

💫According to the report, 278 European funds raised money in 2023. This is the lowest value since 2019.

👕Source

🛡Powered by V3V Ventures

⭐️Sigma is building a suite of collaborative data analytics tools

📟In 2014, Jason Frantz and Rob Woollen co-founded Sigma Computing, a platform that overlays data stored in data platforms such as Snowflake and Google BigQuery with a spreadsheet-like interface for data visualization and analytics.

💻Out of the gate (in 2014), Sigma only offered a set of basic business intelligence and analytics tools to connect to a customer’s outside databases.

💻Sigma Computing CEO, Mike Palmer believes the key to Sigma’s success in the face of stiff competition like Tableau and Microsoft’s Power BI has been a continued focus on creating data analytics tools with a low barrier to entry.

📟Today, Sigma’s product suite consists of tools that let users analyze data “in-place” in databases containing up to billions of records. Customers can tap the platform to build dashboards, reports, workflows and apps without data leaving its source.

🚀With Sigma’s massive war chest — $581 million in venture capital — and a staff of around 450, the company plans to grow its operations in the U.S. and internationally and invest in AI, specifically integrations with generative AI platforms like OpenAI’s to let users ask questions about their company’s data.

👕Source

🛡Powered by V3V Ventures

💡Venture orgs form alliance to standardize data collection

📧Seven venture capital and startup organizations focused on diversity within tech have announced the Diversity Data Alliance, a commitment to standardizing the way that data is collected and shared.

💡This is especially important for marginalized founders, who still receive little to no venture funding.

📧Data transparency remains a pressing issue within venture for people looking to better track where and to whom money is allocated. Many firms already privately compile background information on their founders, but that data can be skewed when publicly shared without insight into how the data was collected.

🙂The Alliance hopes to simplify this process by creating a framework that firms can use to gather information about founders and funders. It hopes to also work toward creating a centralized data pool to better track and understand funding trends in the industry.

💫The Alliance told TechCrunch that it hopes to look at this data to find ways that could help increase capital allocation to underrepresented founders, with the intention of releasing a report with centralized data. It is building out privacy and security measures, in addition to fundraising for a database that can store this information.

👕Source

🛡Powered by V3V Ventures

📈How does the speed of response to emails affect the success of fundraising?

⭐️Adam Shuaib, Managing Partner at Episode1 (E1) fund, wanted to explore the relationship between the speed of founders' email responses and their subsequent success in fundraising rounds. Specifically, he looked at how quickly founders raising seed rounds responded to emails.

💫To investigate this, Adam analyzed data from the fund's CRM on startups that had at least three email exchanges with the fund between 2012 and 2020. Correspondence after 2020 was excluded to ensure every startup had an equal time window for fundraising. The analysis included 1,500 companies.

⭐️For each company, Adam calculated the median response time (in hours) for the founder's first three emails with the fund. The success criterion for a company was whether it successfully completed Round A funding in the future, a milestone reached by approximately 10% of the companies in the sample.

💫The main conclusion - the founders who were able to raise the round And later responded twice as quickly to investor emails than those who could not find financing.

🛡Powered by V3V Ventures

⭐️Data Driven VC surveyed 276 foundations, which startup databases they use

📟Crunchbase is the leader with the cheapest subscription price on the market. The most expensive Pitchbook is in second place. In third place is Dealroom, which has the highest percentage of coverage in terms of companies.

💫At the same time, most of the information about founders and investors is on Pitchbook. He is also the leader in covering deals.

📟But the results of the study show that Dealroom has made the most powerful leap since 2019. And now it has almost caught up with the long—standing market leaders - Pitchbook and Crunchbase.

💡In general, the database market for VC and startups has been developing strongly lately. I wrote recently that over the past few months I have talked to at least three projects that are building solutions to help investors.

👕Source

🛡Powered by V3V Ventures

🙂OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund

Founder-market fit is one of the most crucial factors in a startup’s success, and operators (someone involved in the day-to-day operations of a startup) turned founders have an almost unfair advantage in finding that fit. #️⃣

💫The same principle applies somewhat to operator VCs (firms typically launched by former startup founders). While there’s no definitive proof that operator VCs make better investors, recent research does indicate that founders and operators who become VCs are significantly more successful at backing companies than traditional investor VCs.

#️⃣Data shows that a lack of expertise and business acumen in founders contributes to failed VC investments.

💫Operator VCs have a long history in Silicon Valley. Still, their adoption is less widespread in Europe and Africa: only 8% of VC firms in Europe and Africa are led by former operators, compared to nearly half in the US. OpenseedVC is applying the model in Africa and Europe with a new fund.

💡 firm, which plans to be the first check in startups launched by operators across both regions, has reached the first close of its $10 million angel-style early-stage fund.

👕Source

🛡Powered by V3V Ventures

💡Dealroom issued a study on the startup and VC market in Central and Eastern Europe for 2023 and Q1-2024
#VentureNews

💫Highlights:💫

📟The total valuation of all startups in the region has increased 2.4 times over the past 5 years from $89 billion in 2019 to $213 billion in 2023.

📟+-1000 startups in 110+ cities in the region raised €2.1 billion in 2023. There are 26 thousand startups in the region, but only 7 thousand raised venture capital money.

📟AB Q1-2024, 45% of all venture capital money in the region went to AI and 26% to Climate Tech. These are the hottest industries in the region

📟40% of all venture capital money is concentrated in the Baltic States, Estonia leads by a large margin (€420.3M)

📟The number of exits has increased 4 times over the past 10 years, but most of them are acquisitions.

📟Since the beginning of 2023, investors in the region have raised $ 1.9 billion from LPs. Most new funds in Tallinn (5 pieces)

👕Source

🛡Powered by V3V Ventures