The mini-memo: Fund to back leading DeepTech community in London
The team has sourced, selected and helped launch 33 Deep Tech & Big data companies now worth more than €7 billion. All made possible by the power of community 😍
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The EU🔵VC Investment Club is in talks with the fund. Join us today to signal your interest in backing them.
This article outlines why the EUVC Investment Cub is interested in participating in this investment opportunity. It is not, and should not be perceived as, investment advice.
🐱👤 This raise is in stealth mode as talks are ongoing. To explore the fund investment opportunity fully, membership of the EU🔵VC Investment Club is required.
Stealth memo 🐱👤
We’re backing the creation & launch of a £10M Deep Tech & Big Data pre/seed fund dedicated to supporting the best and boldest founders in their community of 15.000+ founders. From this community, the team has sourced, selected and helped launch 33 Deep Tech & Big data companies now worth more than €7 billion.
With a first-time fund, gauging track-record isn’t as simple as just computing a TVPI & DPI. In this case, what gets us hyped is that the team has built a large and active community that “just” needs a fund plugged into it, to start generating great returns. As an example of this, had the team placed a same-size check in the 26 companies they’ve selected as pitch winners in their community during the period 2016-2020, they would have generated 6.4x TVPI by today’s valuations. It’s the ability to spot, attract and help startups like these that the fund seeks to leverage in the future.
The team has already invested in 4 deals in 2021, putting their own personal capital to work. They are building an on-thesis portfolio in IoT energy saving, edge computing, RPI and AI. These deals are warehoused for the fund.
The GP team is led by an immigrant computer scientist who has made another 10 angel investments since leaving engineering to build the DeepTech community, ranging from Natural-Language-Processing to Quantum Photonics startups. The other partner in the fund is his co-founder who’s also a programmer & former startup founder.
Finally, the team is backed in the due diligence process by a physicist PhD and former Cambridge Innovation VC, as well as a computer scientist PhD and international cybersecurity expert.
We invite you join the EU🔵VC Investment Club in backing this amazing community building team with us ✊
Risk Warning Investing in venture funds, start-ups and early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. The EUVC Investment Club is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. You will only be able to invest via EUVC once you are registered as sufficiently sophisticated. This content is for informational purposes only and should not be considered investment advice.