December Newsletter: Scaling up excellence
Time to ring in the new year!
$113bn raised. 247 $100m+ rounds. 78 new unicorns.
It's been a record-breaking year for European tech investments. We are witnessing a seismic shift in the way people are managing their money, and in what they invest. We have fallen in love with the concept of crowdinvesting because, besides bringing money to the table for start-ups, it also democratises access for investors to an ecosystem not always easy to enter if not being a business angel or a big-ticket investor.
The next step for SeedBlink is to create its “footprint” throughout the Balkans, including Athens and Sofia, then Prague, Budapest, Warsaw. Another important mission for us is to productize the secondary market and build a new product for portfolio diversification. Please share your feedback in this 3-minute survey to ensure we incorporate your input into our plans.
We look forward to a bright 2022! Perhaps the most important advice that each of us should always keep next to our heart, is to permanently invest in our education. Human capital and intelligence solve problems and create wealth.
It’s a pleasure to have you next to us in this adventurous journey! Happy New Year!
Managing Partner & President of BoD, SeedBlink
Yet another Portfolio Alumnus has closed a follow-on round of funding: Code of Talent! Although we are still in an incipient phase, we have already helped our investors exercise their preemption rights (follow-on) in companies that have reached the next stage.
The Bulgarian startup Dronamics - which developed their own drone and remote flight control systems for offering same-day, air freight delivery - has raised EUR 900,000 from 157 investors, via the financing campaign carried out on SeedBlink.
Dive into more Alumni updates here.
The 2021 State of European Tech Report by Atomico is out
Europe is firmly positioned as a global tech player in 2021, with a record $100B of capital invested, 98 new unicorns, and the strongest ever startup pipeline, now on par with the US. European tech is creating value at its fastest pace, adding $1 trillion in just 8 months. While geographical differences in maturity level remain, talent mobility and distributed success is powering newer hubs. Learn more.
European Tech 2021: Fundraising records were smashed
Exploring the seismic shift in the way young people are managing their money and what they invest in, is an in-depth vertical report by Sifted.
Largest-ever funding round from the European Innovation Council Accelerator
99 innovative companies set to receive EUR 627 million, to help them bring their promising technologies to the market. Amongst the selected companies are .lumen (Romania), MIWA (Czechia), mCUBE (France), CO2TEXTILE (Germany), DAC (Poland).
Scaling Up Excellence
Bob Sutton’s book, Scaling Up Excellence: Getting to More Without Settling for Less, contains an interesting section towards the end on looking back from the future, “a mind trick that goads and guides people to act on what they know and, in turn, amplifies their odds of success.”
An overlook trait of investing success
Communicating to your clients the softer and emotional side of investing. Knowledge of market history. An acceptance of volatility as a normal part of investing. That you can be wrong on half your investments and still do well over time. Read the full article.
How to Invest in Technology Startups - Timeless Advice from an Angel Investor
There are two ways to make money in startups: create something valuable or, invest in the people that are creating valuable things. Jason Calacanis - one of Silicon Valley’s most successful angel investors, shares in this book his rules for investing in startups.
Want to diversify your investment portfolio by investing in startups? Join SeedBlink to take advantage of the latest opportunities in the European tech sector.
By SeedBlink Knowledge
PublishedJanuary 04, 2022