Fundraising is not easy. It is one of the most frustrating and time draining activities you as a founder will have to do as part of your company’s growth strategy. Unless you are really lucky and investors come to you, it will likely involve taking many meetings with investors of all kinds, both good and bad before you ultimately succeed in finding someone who believes in you.
I think I’ve read enough about the theory of fundraising and venture investing. But how do the venture capitalists really work? How do they decide which investment to make, and what is the logic behind their thinking?
Here are the good news: you don’t have to go to the Silicon Valley to get funded. Not even London or Berlin. There is plenty of capital to be found in the CEE. You just have to know where to look. And the bad news: if you know where to look, and still can’t get funding that means your current idea/startup is just not good enough. And if you can’t raise funds in the CEE, the odds are very high you won’t in Berlin or London either. It is better to fail fast and move on to something new.
Fundraising for an early stage technology startup is always a challenge. You have to navigate many meetings with potential investors and hopefully reach agreements that make everyone happy so you can continue to work in good faith after the negotiations are over. However, in some cases, after the dust has settled in a negotiation, it isn’t always a win-win for everyone.
Qualcomm Ventures is going to give €100,000 to the best Eastern European startup as part of its Qprize seed investment competition. Eastern Europe is the 8th, newest region to be added to the Qprize which has been active for 2 years now and which is looking to fund even better startups this year. Qualcomm Ventures’ potential investment is not only a very good deal in terms of the money raised, but also a “smart money” investments for mobile startups since Qualcomm is truly embedded in the mobile world.
Bulgarian startup accelerator Launchub has announced the first batch of 9 teams to participate in its acceleration program that starts in autumn. The 9 teams, 2 of which come from Croatia, were chosen by a committee consisting of investment partners, entrepreneurs, bacnkers and of course - Launchub’s team. Each of the 9 startups will get 30.000 EUR of seed capital.
Farmeron, a fresh internet startup from Osijek, Croatia just raised an investment and support from Dave McClure's seed fund and startup aggregator 500 Startups. Matija Kopić, CEO of Farmeron confirmed, exclusively for Netocratic, that Farmeron team will move to Mountain View in Silicon Valley in the next ten days or so.
500 Startups is one of most powerful US startup accelelators run by Dave McClure, former CMO in PayPal. Altought Kopić couldn't confirm how big the investment is, it is known that 500 Startups' first rounds of investment start at 100 thousands dollars, and most of the time it's somewhere around 400-700 thousands dollars or even a million.
When entering a new market, regardless of the type of technology, platform or content, software localization is a must. But for digital tools in the agriculture industry it takes on a whole set of new, unexpected dimensions.
One of the fast-growing European agencies in collaboration with renowned innovator from the health field made a great B2B solution for which they received the German Innovation Award. How it came to be?