Startup grind scaling in europe fundraising (final) copy
•
0 likes•645 views
Scaling in Europe - Fundraising
Recommended
Recommended
More Related Content
Similar to Startup grind scaling in europe fundraising (final) copy
Similar to Startup grind scaling in europe fundraising (final) copy (20)
Recently uploaded
Recently uploaded (20)
Startup grind scaling in europe fundraising (final) copy
- 1. Scaling In Europe - Fundraising Reshma Sohoni @rsohoni
- 2. Seedcamp is a founder’s first round fund. We invest smart capital into pre-seed and seed stage startups, providing up to €200k and a lifelong platform of Learning, Network and Capital to support the most ambitious Founders. “
- 3. The access to capital $420MTotal Funding Raised by companies since 2007 19% 81% of Seedcamp backed companies raise follow-on funding 84% 500 Total investors 120 US investors Some of the top VCs our companies are raising from
- 5. The generational effect 1990s pre-‘90s 2000s 2010s 1st generation 3rd generation 2nd generation 4th generation Supernova Silicon Valley Pre 90’s 90’s 00’s 10’s 90’s 00’s nowadays 2rd generation In EU
- 7. Angels - exited experience Barry Smith Skyscanner Errol Damelin Wonga Ed Wray Betfair Will Neale Grabyo Jeremy Yap Citymapper
- 8. The emergence of seed VCs Source: The Micro-VC crunch, pevcbanker.com, May 2016
- 9. Crowdfunding • Customers as Shareholders • Product validation • Creates Brand Advocates
- 10. Bringing together public & private capital £25m to support London tech startups £200m invested in 169 fast growing UK startups Enterprise Capital Fund behind… +
- 11. Tax benefits - unlike anywhere Source: Commentary EIS SEIS Official Statistics, HMRC, January 2016 +58% Angel Investments 2013 vs 2012 Rapid growth 0 200 400 600 800 2011 2012-13 2013-14 2014-15 783 692 457 342 Amount Invested (million £) +34% +51% +13% Average fundraise increased to £535,615 •income tax relief •no capital gains •tax offset loss EIS/SEIS 1994 - 2012
- 12. The Later Stage
- 13. Late stage capital drop Source: European Private Equity Activity, investeurope.com, 2015 Number of funds that reached first, intermediate or final closing during the year 0 50 100 150 200 2007 2008 2009 2010 2011 2012 2013 2014 2015 35 39 4646 58 57 60 66 69 6 10 911 20 17 18 17 27 57 80 5860 74 60 70 82 100 Early-stage Later-stage Balanced 196 165 148 134 152 117 113 129 58
- 14. Value add VCs Ongoing involvement Talent Marketing Sales Partnerships Operations Networking Hands-on approach
- 15. The Americans Source:The State of European Tech, SLUSH & ATOMICO, Nov 2015 (SWE) (GER) (SWE) (GER) (SWE) (GER) (GER) (UK) (SWE) (UK) (SWE) (UK) (UK) VC Selected investment in Europe (UK) (UK)
- 16. UNHWs, family office and corporates Non-VC participation in mid & late stage startups 12.5% 25% 37.5% 50% 2009 2010 2011 2012 2013 2014 2015 44% 35%35% 31% 28%28% 25% 27% 20% 17% 11% 13% 8%9% Asst Mgmt / Family Office / Hedge Fund / Mutual Fund Corporate / Corporate VC CAGR 09’-14’ 18% 7% Source: VC-backed, US startups that have raised $15M+ total, ex. life sciences, CBInsights, 1/1/09-4/20/15
- 17. Venture debt Direct lending fundraising: North America vs. Europe-focused funds, 2006 - 2016 YTD 0 5 10 15 20 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 YTD 0.9 18.8 13.2 8.5 3.5 1.1 2.9 0.61.20.40.3 1.7 17.1 19.8 14.5 7 3.3 3.9 1.1 17.4 7.7 1.8 North America-Focused Funds Europe-Focused Funds Source: Private Debt Spotlight, Preqin Ltd, May 2016
- 18. The Takeaways
- 19. Myth: Every great company gets funded Takeaway #1
- 20. Capital is king Takeaway #2
- 22. Get off the conveyor belt Takeaway #4