Update on the EUVC community syndicates

All in all, in the #euvc community; the party’s still going 💃🎉 and you should move quick if you want a bite of Acrobator and Pacenotes 🔥.

Welcome to the 134 new VCs, Angels & LPs who have joined the #euvc community in June! If you haven’t yet, join the 1,195 subscribers below & join the community here ✊.

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Hi fellow investors 👋 ,

It’s been some crazy weeks. Luckily, the VC industry shows perseverance and manages to laugh most things off by creating memes and GIFs bashing crypto 💵🔥

Of course, we’re taking stock of this and are launching a special series on the #euvc pod on navigating the current market turmoil. We’ll bring you insights from the founding partners & GPs of Target Global, Speedinvest, Isomer Capital, Seedcamp, Heartcore and many more. Subscribe on Spotify or Apple to stay in the know 🎧

Luckily, the fundraises of the EUVC syndicate are only going one way 📈 and we’re happy to share that 500 Istanbul’s fund II is already in positive TVPI & IRR, Acrobator Ventures has reached their hard cap (10M€ above the initial 20M€ target) and our allocation in Pacenotes has less than 20% to go.

So all in all, in the #euvc community; the party’s still going 💃🎉 and you should move quick if you want a bite of Acrobator and Pacenotes.

Let’s get to it.

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The rundown 🏃‍♂️💨

500 Istanbul

The 500 Istanbul team has been busy as ever. In May, they’ve completed two new investments pushing the fund to a total of 12 portfolio companies and some nice rounds have happened putting the fund into positive TVPI and IRR 🎉

Hustling as only the best VCs know how, the team has also found time to speak at Techchill, Wolves Summit, Startup Fair, Latitude59, Podim, Vestbee CEE VC Summit, Flashpoint Podcast, Yeditepe Entrepreneurship Summit, Istanbul University - Shift Up '22 ✈.

We cannot begin to describe how hyped we are about the 500 Istanbul team 💖

If you’re considering joining our syndicate into 500 Istanbul, join us in the EUVC community by clicking the below. Already a member? Navigate to the deal room or reach out to Andreas.

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Acrobator Ventures [oversubscribed & closing 30th of July]

The launch and oversubscription of Acrobator was featured in tech.eu nicely - happy we secured that allocation in time 😅 👇 We can still take in more investors in the syndicate, but final call is July 30th so don’t wait around! LMK if you want access.

We’re following up on the magic behind this feat with a LinkedIn Live event with the team on accessing breakout companies via early stage VC funds 🎩🐇 Whether you’re looking for insights as a GP building your fund or expansion of your repertoire as an angel or LP, this event is not one to miss 👇 👀

There will be limited access to participate in the underlying zoom for a select few. Signal your interest to Andreas if you’d like to have the opportunity to participate in this 🙏

If you’re considering joining our syndicate into Acrobator, join us in the EUVC community by clicking the below. Already a member? Navigate to the deal room or reach out to Andreas.

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Pacenotes [our allocation is close to full!]

With 79.8% of the allocation filled, we’re getting close to having filled our allocation 🎉 which we’re of course super hyped about. Especially because we only just released the memo last week. Amazing traction for you all, thank you 🙏

But hey 🤷‍♂️ Jeroen is giving you access to consistent top performers like Balderton, Northzone, Seedcamp and many more in a single ticket - so who wouldn’t? 😂

Illustration from the Pacenotes memo. In case you missed, there’s a bunch of market insights in there - do feel free to share it at will, let’s get some more people into VC 💪

If you’re considering joining our syndicate into Pacenotes, join us in the EUVC community by clicking the below. Already a member? Navigate to the deal room or reach out to Andreas.

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Stealth raise 🤫

In case we were too stealth to handle, we launched a stealth raise into an emerging manager raising a £10M Deep Tech & Big Data seed fund in the UK to leverage their community of 15.000+ founders.

From their community, the team has sourced, selected and helped launch 33 Deep Tech & Big data companies now worth more than €7 billion. Believing that the future of tech investing is human, we couldn’t help but back this manager ✊

The team are currently in the process of exploring the warehousing of a £200-400k allocation in a Seed company in the battery material space with unrivalled traction in Europe. On top of this, they’ve secured a £200k allocation in a pre-seed company in the AI/Cybersecurity space with strong paid pilots already taking place. Exciting times with this manager 😎

If you’re considering joining our syndicate to back this team, join us in the EUVC community by clicking the below. Already a member? Navigate to the deal room.

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In case you missed it, we hosted a fireside with Chris Wade on his views on raising VC funds in the current market 👇

With 1,347 attendees & 5,350 unique views this was a slam dunk 🧺. We enjoyed it quite a bit as well 👀

And just before we leave you; we’re hiring for a podcast producer role. If you know anyone obsessed with this space, let us know or shoot them our way!