This is an introductory post to a mini series that analyzes the startup investment cycle: while this first post discusses what the cycle looks like in mature markets such as the Silicon Valley, the next post will analyze specifics of the cycle in the CEE region. Subsequent pieces will dig deeper into each phase and its CEE players, starting with Credo Ventures and the seed/venture investments.
GoodData, the leader in cloud business intelligence, and StartupYard, a mentor-driven seed accelerator based in Prague, announced a partnership to provide select startups with free access to the GoodData platform. StartupYard is recruiting applicants for its fourth round until January 31st with the theme of Data, Search and Analytics.
seznam.cz and StartupYard presenting a new level of co-operation.
seznam.cz is opening a part of its text search technology to all start-up teams with an interesting project that needs pre-crawled data from the Internet to start their business. Startupyard attracting the most promising European data, search or analytics projects and accelerating them towards becoming viable businesses.
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.
TechPeaks, a "People Accelerator" involving both individuals and teams to start-up successful global businesses in information technology, opens next application call for Spring 2014. The program will start in March, 2014 and continue for 4 months with the traditional Demo Day at the end. Deadline for this batch is January 20, 2014.
After the great success of the first two GIC competitions in the CEE region, applications are now open for GIC 2014. Applicants are invited from Austria, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Macedonia, Moldova, Montenegro, Poland, Romania, Serbia, Slovakia, Slovenia, and Ukraine. Applicants should submit their projects aiming to improve the lives of at least one million people in Central Eastern Europe leveraging the power of accelerating technologies.
Over 50 international experts, 8 days of hard working and possibility of reaching Deutsche Telekom customers – this is a short summary of hub:raum Krakow Warp which started on Saturday. A chosen group of 15 startups from Central and Eastern Europe including Croatia, Czech Republic, Romania, Austria, Poland and Greece, came to Krakow. The best team will be offered an investment and an invitation to the innovation incubator.
Serbian Minister of finance, Sasa Radulovic, announced today that beginning next year Serbia will start a 35 million euro co-fund intended for local startups. The government will co-invest from 20 to 40 percent with foreign investors, who are to be attracted to this South-East European country which is slowly but surely starting to forge a stable startup ecosystem.
I’m no engineer, but here’s what I do remember from the physics classes that I didn’t manage to skip at school: Current only flows through a closed circuit. In business, always happy to adopt awkward pseudo-scientific analogies, we like to talk about full cycles. Or iterations.
Croatian AI startup airt that applied for a global patent protection of their algorithm in July, surprised us with another news at the Infobip Shift conference – their platform can now be used and implemented by developers as well.