Welcome back to The VC Corner, your weekly dose of Venture Capital and Startups to keep you up and running! ๐
In-Depth Insights ๐
Marketplaces, Brokers, and Storefronts ๐๏ธ
Equal Ventures breaks down the evolving dynamics of online marketplaces, brokers, and storefront models.
Y Combinator's Startup Duplication Trend ๐ ๏ธ
TechCrunch explores how Y Combinator frequently funds startups with overlapping ideas, particularly in AI and SaaS.The New World for Entrepreneurs ๐
Rick Zullo analyzes how founders are adapting to the shifting startup ecosystem in 2024 and beyond.
99% of vc's skip the market sizing slide ๐
Replace it with this instead: An idea maze slide.
It takes an average of 5 funding rounds to build a unicorn ๐ฆ
Companies that become unicorns in private rounds need slightly fewer rounds than those that become unicorns upon exit (IPOs or sales).
๐ฃWant to get your brand in front of 150k founders and investors?
If interested in sponsoring The VC Corner, reach out via email: rdominguezibar@gmail.com
Interesting Reports ๐
The State of Private Markets Q3 2024 ๐
CB Insights dives into the latest private market performance trends across Q3 2024.
Euroscape: AI Eating Software ๐
Explore Accelโs latest insights on the European cloud ecosystem and its accelerating growth trajectory.
Q1 2024 PitchBook Benchmarks ๐
PitchBook presents its detailed benchmarks and key insights from the first quarter of 2024, with preliminary Q2 data.EIF VC Survey 2024 ๐
A comprehensive survey on venture capital trends, highlighting key findings from European VC professionals.
Recently Launched Funds ๐ธ
Frumtak Ventures has raised โฌ87M in its fourth fund to back Icelandic tech startups.
Connexa Capital closed its debut $20M fund, investing in early-stage technology companies.
Berlin-based Extantia Capital closes โฌ204 million flagship fund
Chemistry Capital: Founded by former Index Ventures, Bessemer, and a16z investors, this $350M fund targets chemistry-based solutions in sustainability, agriculture, and energy.
Thrive Capital: A $5B fund led by OpenAIโs backer Thrive Capital, focused on tech infrastructure, AI, and companies pushing the boundaries of digital transformation.
XGen Venture Fund: XGen announces a $160M first close, with a focus on early-stage investments in transformative tech across the U.S. and Europe.
Dawn Capital V: Launches its fifth fund at โฌ400M, dedicated to scaling B2B software across Europe.
VC Jobs ๐ผ
VC Associate @ a16z โ Menlo Park, CA
VC Associate @ Cogito Capital Partners โ Warsaw, Poland
Chief of Staff @ Pathlight Ventures โ New York City, NY
VC Associate @ Thomvest Ventures โ San Francisco, CA
VC Director @ Empire State Development โ Albany, NY
VC Investor @ Defy VC โ San Francisco, CA
VC Internship @ Madrona Venture Labs โ Seattle, WA
Hottest Deals ๐ฅ
Circleback, a San Francisco, CA-based provider of an AI-powered app for meeting notes and automations, raised $2.5m in seed funding (read here)
Doron Therapeutics, a Chapel Hill, NC-based clinical-stage biotech company focusing on degenerative musculoskeletal conditions, raised $11M in Series A funding (read here)
Roon, a NYC-based company providing an access to a guide for health, raised $15M in Series A funding (read here)
360Player, a Raleigh, NC-based provider of a digital platform for modern sports clubs, received a $25M investment from Five Elms Capital (read here)
Sirona Medical, a San Francisco, CA-based provider of cloud-native radiology workflow software, raised $42M in Series C funding (read here)
Tricentis, an Austin, TX-based company which specializes in continuous testing and quality engineering, received a $1.33 Billion investment from GTCR, at $4.5 billion valuation (read here)
Advanced Recycling Technologies Holdings, a Flemington, NJ-based company that designs, installs, owns, and operates distributed metals recovery systems, received a growth investment from Ember Infrastructure (read here)
Hyperheat, an Offenburg, Germany-based startup that develops electric heaters for steel, cement, and chemicals industries, raised $3.7m in funding (read here)
plentysystems AG, a Kessel, Germany-based provider of an e-commerce ERP software platform PlentyONE, received a strategic investment from PSG Equity (read here)
Argil, a Paris, France-based video engine company for the creator economy, raised โฌ4.9M in funding (read here)
Volta, a Milan, Italy- and Paris, France-based provider of an SaaS AI powered B2B distribution platform, raised $6.3m in pre-seed funding (read here)
Springtime Technologies, a Vienna, Austria-based accounts payable automation software company, received a strategic investment from Scottish Equity Partners (read here)
Randamu, a Bangkok, Thailand-based randomness technology company, raised $3.3M in Pre-Seed funding (read here)