Formula for the VC universe – January 8

 

 

Hi there, dear reader. The markets are just waking up from holidays, so we do not expect lots of announcements to be made and deals to be closed, eventhough twe have some news to share from AI and FinTech fields. Besides, check some readings and opinions from VC analysts to start the new year with fresh thoughts. 

– Artem and Alexander

 


From The Industry

Fred Wilson of Union Square Ventures discusses early-stage venture portfolios and their returns within The Second Quartile investments. They require a lot of time to be allocated, also they bring an indeed great value.

 

Leo Polovets of Susa Ventures proposes three ways to mathematically model startup success and discusses the implications of those models in Three Mathematical Models for Building a More Valuable Company. These rough models provide a wide field for discussions, as some of them indeed may be useful in predictability. Who knows, probably we will see huge back offices of VC funds in the nearest future.

 

Fred Destin of Accel outlines what he means by Access, Upside and Impact, and their role in really making money in venture in Why VC’s are Obsessed with Large Outcomes. VC Analysts always seek for huge returns, while the validity of this rule of the game is questionable.

 


Latest Invest Rounds

Intel Capital and Investinor has led, with participation from Alliance Venture and Target Partners, a Series B funding round of $12.5 million for Swarm64, an Oslo, Norawy-based enabler of real-time analytics for high velocity and big data.

 

B Capital Group and Prime Ventures has led, with participation from Cisco Investments, Samsung Catalyst Fund and other, a $38 million Series C funding for AImotive, a Budapest, Hungary-based full-stack autonomous vehicle technology company. AImotive will use this new round of funding to continue developing its proprietary autonomous driving technology, which relies primarily on affordable, off-the-shelf camera sensors and artificial intelligence-based vision processing.

 

Notion Capital, Nextlaw Ventures, and a number of business angels has invested $6.5 million in London-based AI startup ProFinda, a platform that uses an AI-powered engine to help companies and organisations discover and identify internal skills and expertise within their workforce, giving employers an “accurate birds-eye view” of the talent they have on tap.

 

Balderton Capital with participation from ReSolution and a number of angels has invested $1.2 million Dinghy, a UK-based InsurTech startup during a seed round. Dinghy is a new mobile-first, on-demand insurance provider for freelance professionals. Using their bespoke technology platform, Dinghy’s hassle-free and flexible insurance adapts to the freelancer’s lifestyle

 


Newcomers

Blockchain platform Waves is launching the Basics Fund, a new vehicle for investing in the technology’s infrastructure. The fund is looking to raise $30 million by April, which will be used to back industry startups, cryptocurrency tokens and arbitrage trading. Waves’ platform is used to support the exchange and issuance of blockchain-based tokens.

 

 

 

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