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.
Anja Hula begun her career at Infobip as an intern. Year over year she showed great progress as an engineer and a leader. Today she is responsible for the collegues and products of whole Data Department. We believe that Anja's story will inspire all who are already building a career in IT or just starting out...
Hajdi Ćenan, member of the executive board and the president of the newly founded CRO STARTUP association, talks about how they will help startups to start, develop, fundraise, get first customers, educate themselves, and network.
The recent developments have eaten away the foundations of our wellbeing, and the consequences have spilled over our careers as well. So as employers shift their focus, we have turned to Q agency to see how they handle the challenge. With "Wellbeing for Qumans" initiative, their approach looks very promising.