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SeedBlink mobilizes 342 Million euros in startup investing over 4 years, fuelling growth in European tech sector
A review of 2023 and an outlook for 2024 on our impact on the European ecosystem
- In 2023, SeedBlink marked its most active year with 53 deals raised by European startups across 20 different tech verticals.
- The platform reports over €815M in asset ownership and €342M in startup investing mobilized for over 250 companies from 15 countries in 4 years.
- A promising outlook for tech startups is anticipated in 2024, driven by a growth rebound, potential increases in VC investment, and an optimistic IPO market.
Bucharest, January 23, 2024 – SeedBlink, Europe's tech-focused venture investment and equity management platform, marks down the most active year of activity in 2023 with 53 deals raised by the next European superstars, including FLOWX.AI, Dronamics and Alcatraz AI, across 20 different tech-verticals. Celebrating 4 years of activity in the European ecosystem, the platform reports over €815M in asset ownership and €342M in startup investing mobilized for over 250 companies from 15 countries with €67M raised through SeedBlink’s community of investors since launch.
The platform now provides 3 main types of investment rounds, including VC-backed rounds, Syndicates and Community Stars, for startups from pre-seed to Series B with investment ranges from €50k to €2M. In 2023, the largest share of rounds is for Seed funding (41%), while top 5 funded verticals based on mobilized amount are Enterprise SaaS (€67M), AI/ML (€55M), FinTech (€9M), Marketplace (€8.5M) and MedTech (€5.5M).
The largest investor portfolios value on SeedBlink is over €900,000 with 49 investments, the average being €6,200 for a retail investor and €44,000 for a sophisticated investor with 25% of all portfolios including 5 or more companies. The average investment ticket is €5,600, while 50% of the total invested amount is formed out of tickets of €10,000 and the largest one is €500,000. Repeat investors account for 47,5% of active investors.
“Rising inflation, volatile public markets, a looming global recession, unfortunate international wars, and more have restricted post-pandemic recoveries. But, despite these significant headwinds, SeedBlink has continued to support some of the most innovative startups in Europe that are building the products and services that will shape the world of tomorrow.” states Andrei Dudoiu, President of BoD at SeedBlink.
In 2023, SeedBlink mobilized €180M, strengthened its core products, introduced new deal types, grew its partnership network, improved financial education with resources and expanded in the DACH region to position itself as a prominent player in European tech investment and equity management complementing its portfolio with new solutions, including platform Nimity.
“Collaborating with SeedBlink on our financing rounds has been an incredibly smooth and easy step in our growth trajectory. We appreciated their flexibility and proactive support as co-investors, leveraging their strong network and syndication infrastructure which helped us consolidate both institutional and private investors. We would absolutely recommend SeedBlink to companies seeking to streamline the fundraising process and manage their cap table.” added Ioan Iacob, CEO of FLOWX.AI.
Equity management platform Nimity onboarded more than 8,000 company representatives and stakeholders, registering over 1,700 companies’ cap tables implemented and over 500 ESOP beneficiaries on the platform since its launch in June. This moment marked SeedBlink becoming the only European platform offering financing, equity management, and secondaries for private equity on a unified platform.
“We enter 2024 with an even greater focus on making equity ownership simpler and more empowering for everyone. Looking ahead to 2024, exciting things await. This year is expected to be a better year for tech startups due to three core reasons: a growth rebound, potential increases in venture capital investment, and an optimistic IPO market.” adds Carmen Sebe, CEO SeedBlink.
In 2024, the platform plans to expand investment opportunities for investors, including the potential for co-investing in mature companies, develop the secondary market with convertible instruments, upgrade Nimity for enhanced portfolio tracking and simplified investment process, and continue fostering community engagement through organized events.
SeedBlink also aims to enhance its all-in-one platform, focusing on empowering equity ownership, simplifying investor reporting, and streamlining fundraising. The introduction of an academy and networking events, along with an expanded operational presence in the DACH region, Benelux, and France, aims to enhance community engagement and support for tech investors and founders.
Read the full report here for more information on SeedBlink’s impact on the European tech startup ecosystem as it celebrates 4 years of activity.
About SeedBlink
SeedBlink's mission is to simplify and grow equity ownership in Europe. Through its range of products, financial services, and extensive network, it offers an equity management and tech-focused venture investment platform that enables European startups and their stakeholders to access, manage, and trade equity.
SeedBlink SA is registered in the Register of the Romanian Financial Supervisory Authority (ASF), under number PJR28FSFPR/400001 as of November 3, 2022, with an EU passport as per the European Securities and Market Authority (ESMA) register of crowdfunding service providers. Contact us by email: hello@seedblink.com.
PublishedJanuary 23, 2024
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Tudor Goicea
Co-founder of Aqurate
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As a startup founder, I am happy to witness SeedBlink’s dedication to expanding their support for early-stage companies beyond funding, towards a healthy equity management via Nimity. A solution to help better navigate relations with stakeholders, employees and future investors is needed in Europe. Less admin work and bringing transparency to the cap table are immediate benefits I was able to test.
Delia Iliasa
Managing Partner
SanoPass
SeedBlink is a transparent solution that connects entrepreneurs with great business plans, with investors, at different stages in their development. It is a great tool for us, a democratization of access to funding, I would say.
Ioan Iacob
Founder
FLOWX.AI
We really loved the SeedBlink journey. We reached our fundraising goal within hours of launching. About 100 investors joined our vision and invested almost $2 million in FLOWX.AI through the Private Deal Room. At the same time, working with SeedBlink to prepare for the funding round was an excellent exercise for our entire team, and we received and felt the support from the SeedBlink team members who took on an advisory role.
Dan Vidrașcu
CEO
VOXA
SeedBlink made the (investment) process run smoothly. We appreciate all the support SeedBlink's professional team has provided.
Tinu Bosinceanu
Founder and CEO
Upgrade Education
It's important to look for and choose a platform that you resonate with, that shares your mission with, a platform & its people with which you feel you can have good working relationships. we got an excellent relationship going forward; we talked a lot and we were in touch on a lot of matters and I think this was important. Having people who believe in your idea is of great help.
Kimmo Rytkönen
Founder and CEO
Income
Running the financing round was like any other fundraising; we had to be active in our community as well as in SeedBlink's investor community. After the launch, everything happened very quickly, and SeedBlink organized several pitch events for investors, which we found very useful for the round momentum.
Svilen Rangelov
Founder and CEO
Dronamics
We immediately clicked with the SeedBlink team as their fundraising expertise was immediately obvious and their no-nonsense approach really appealed to us. After all, fundraising is only a means to an end, and we liked how the SeedBlink team was really focusing on supporting us and on getting things done.
Mihai Darzan
Founder
Procesio
Our main expectation has been to raise the amount we were aiming for, and both rounds launched on Seedblink exceeded our targets, so we’re very happy with that! Even though the launched funding campaigns have been purely crowdfunding rounds, we are thrilled to actually receive extra support from some of the investors, who have chosen to get involved and help us generate product awareness, whenever they can.
Catalin Mester
Founder
Voxa
I am recommending SeedBlink without hesitation, to every founder that raises capital, especially early-stage tech startups. SeedBlink is a crowd investment platform that will also provide their startup with visibility, for Angels and VCs.
Dragoș Iliescu
Founder and CEO
Brio
In the early stages, we have been funded by several early (angel) investors, and one and a half year ago through an equity crowdfunding campaign on SeedBlink. Of course, this impacted our growth in many positive ways, partly due to the cash influx that, evidently, was sorely needed, but in a larger part due to the fact that our responsibility towards our shareholders has become more stringent and explicit, becoming embodied in our market approach.
Costin Tudor
Co-founder and CEO
Undelucram
Given the accelerated growth we observed at the end of last year and the beginning of 2021, we want a new capitalization, quickly. This is a bridge round that we will use for one year, and the advantages that SeedBlink offers are the speed at which we were able to list for financing and the experience that we gain as a result of this public listing, similar to a listing on the stock exchange.
Diwaker Singh
Co-Founder & CEO
Crikle
As a platform that only serves technology ventures, SeedBlink can connect the start-up with more than just money. SeedBlink investors are primarily technocrats who understand the objectives of the fundraising company and are also able to post-funding contribute with business opportunities. The minimum investment threshold, and technology focus, differentiates SeedBlink from other fundraising platforms. A perfect fit for a technology start-up seeking intelligent funding.
Florin Stoian
Co-Founder & CEO
Milluu
SeedBlink boosted our brand exposure and facilitated the financial support we were seeking. Having a campaign on the platform allowed us not only to meet a team of professionals - that guided and helped us prepare the necessary materials - but also opened doors for increasing our brand awareness and have discussions with VCs & angel investors we have never reached before. This campaign gave us the encouragement we needed to push the product further, while the record-breaking fundraising (only 2 hours from the launch of the campaign!) was a great confirmation that our product is needed in this market and that we should continue innovating.
Raluca Jianu
CEO & Co-founder
Epic Visits
SeedBlink has created a vital ecosystem for startups at the beginning of their journey by equipping entrepreneurs with expertise, encouraging honest and sometimes uncomfortable but necessary discussions about risks and vulnerabilities through a suite of tools, and facilitating connections with investors who share the founders' vision and can contribute to their success. I have greatly appreciated the constant support of Eric and the entire team at all stages of the campaign. Thank you so much!
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