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India's venture capital (VC) ecosystem is experiencing a notable revival, as outlined in the "India Venture Capital Report 2025" by Bain &amp; Company, 2025, in collaboration with the Indian Private Equity and Venture Capital Association (IVCA). The report, themed "Whispers of Spring: Funding winter thaws as India’s investment landscape shows signs of revival," provides a comprehensive analysis of 2024's performance and projections for 2025. This section delves into the detailed findings, offering insights for investors, entrepreneurs, and policymakers, and includes all key data points and trends identified in the report. Funding and Deal Volume Trends in 2024The report reveals that VC funding in 2024 reached $13.7 billion, marking a 1.4 times increase compared to 2023 levels. This surge reflects growing investor confidence, particularly in tech-first sectors, positioning India as the second largest VC destination in the Asia-Pacific region. Deal volumes also saw a substantial uptick, rising from 880 deals in 2023 to 1,270 in 2024, representing a ~45% increase. This expansion highlights a broadening of investment opportunities across various stages. A breakdown of deal sizes shows a clear trend:- Small- and medium-ticket deals, valued at less than $50 million, comprised approximately 95% of all deals and grew by ~1.4 times, indicating strong early-stage activity.- Large deals, worth $50 million or more, nearly doubled, rebounding to pre-pandemic levels, suggesting renewed interest in scaling businesses.- However, the average size of megadeals ($100 million+) fell by 20%, which may reflect a cautious approach to high-value investments amidst global volatility. The report also notes the emergence of 5 unicorns in 2024, up from 2 in 2023, with examples including Zepto, Meesho, and Lenskart. This increase in unicorns amidst a global funding slowdown is an unexpected detail, highlighting India's unique market dynamics. Sector-Wise Performance and Investor ActivitySectoral analysis reveals that tech-first sectors dominated funding, accounting for over 60% of total investments. Consumer tech emerged as a standout, with funding rising 2.3 times to $5.4 billion, driven by rapid customer adoption and profitability paths, particularly in quick commerce within B2C commerce. Software/SaaS funding also saw significant growth, increasing by ~1.2 times to $1.7 billion, with generative AI experiencing a 1.5 times surge, reflecting the global AI boom's impact on India. Fintech continued to be a key area, though specific figures were not detailed, it is part of the tech-first sectors driving the majority of funding. Additionally, BFSI and consumer/retail sectors saw sharp funding growth due to large markets and socioeconomic tailwinds, further diversifying the investment landscape. Investor participation was robust, with private equity (PE) funds, family offices, and corporate VC firms increasing their deal volumes by ~1.8 times from 2023 to 2024. Notable examples include KKR's investment in Rebel Foods. However, fund-raising activity saw a decline, dropping by ~35% to $2.7 billion, the lowest since 2020. This contraction is attributed to cautious capital deployment amidst global economic uncertainties. Notably, maiden funds comprised nearly one-third of VC/growth capital raised, up from ~25% in 2023, indicating a rise in new fund formations targeting themes like sustainability, agriculture, defense, sports, and gaming. Exit Activity and Market LiquidityExit activity in 2024 edged up to $6.8 billion, with public market exits rising significantly, accounting for approximately 76% of total exit value, up from ~55% in 2023. This shift was fueled by a 7x surge in IPO exit values, driven by rising liquidity, recovery in tech stock valuations, and supportive regulatory reforms. This increase in exit activity is a crucial indicator of market maturity, providing liquidity to early investors and encouraging further investments. Policy Reforms and Their ImpactThe report credits several policy reforms for the positive momentum in the VC ecosystem. Key measures include:- Elimination of angel tax, reducing the tax burden on early-stage investments.- Reduced long-term capital gains (LTCG) tax rates, making exits more attractive.- Removal of the National Company Law Tribunal (NCLT) process, simplifying corporate restructuring.- Simplified foreign venture capital investor (FVCI) registrations, easing foreign investment flows. These reforms have created a conducive environment, boosting investor confidence and aligning with the government's broader economic goals. The report suggests that such policy support will continue to drive growth, particularly in emergent sectors. Looking ahead, the report projects a robust 2025 for India's VC landscape. Investors remain confident, with available capital suggesting potential for increased deal activity. Growth-stage investments are expected to rise, reflecting a maturing ecosystem. Emergent sectors such as semiconductors, energy transition, and deep tech are likely to garner greater interest, driven by global trends and India's strategic focus on these areas. In the longer term, the report envisions sustained growth for India's VC ecosystem, supported by strong consumption tailwinds, regulatory advancements, and a rapidly expanding digital backbone. This outlook is particularly relevant for international investors seeking high-growth markets amidst global economic challenges. Read the full report here: <a href="https://www.bain.com/insights/india-venture-capital-report-2025" rel="noopener noreferrer" target="_blank">https://www.bain.com/insights/india-venture-capital-report-2025/</a> ----Join <a href="https://www.newnex.io/blogs/venture-capital/www.newnex.io" rel="noopener noreferrer" target="_blank">Newnex</a> For Free: The Global Institutional Network for VCs, LPs, and venture-scale startups for secure, reference-driven syndication and co-investments.

India's Venture Capital Landscape Set to Surge: Key Insights from Bain & Company’s 2025 Report

In a surprising yet strategic move, Volkswagen Group, the German automotive giant, has emerged as the sole backer of a new venture capital firm called Leitmotif. According to a recent TechCrunch exclusive published on March 11, 2025, Leitmotif has been operating under the radar for the past 16 months, investing in approximately 20 startups with a sharp focus on decarbonization—a mission that aligns with Volkswagen’s broader sustainability goals. This development offers a glimpse into how major industrial players are leveraging innovation to tackle climate challenges while seeking financial returns. Leitmotif’s first fund, backed by a hefty $300 million commitment from Volkswagen, has already deployed about one-third of its capital. The firm’s investments span a diverse range of sectors, including electric vehicle (EV) companies, battery technology, space-related ventures, and even four nuclear fusion startups. This broad approach reflects an ambitious vision to not only reduce carbon emissions but also pioneer groundbreaking technologies that could reshape industries. Volkswagen’s involvement goes beyond mere funding. During a conference on Tuesday, March 11, CEO Oliver Blume emphasized that Leitmotif’s efforts could help the automaker lower its carbon footprint and foster a “circular economy” both within and outside the company. This partnership hints at a symbiotic relationship: Volkswagen gains access to cutting-edge innovations, while Leitmotif’s portfolio companies benefit from the automaker’s vast resources and industry expertise. Leading Leitmotif are managing partners Matt Trevithick and Jens Wiese, the latter of whom previously headed Volkswagen Group’s M&amp;A, Investment Advisory, and Partnerships division. Their goal is clear: build a bridge between Europe’s industrial giants and the U.S.’s thriving innovation ecosystem. Approximately 70% of the fund’s capital is earmarked for U.S.-based startups, with the remaining 30% targeting the European Union. Offices in Palo Alto and Munich will support this transatlantic strategy. The firm’s investment philosophy is twofold. About 70% of its current fund targets startups addressing “today’s known problems” in established, billion-dollar markets—think practical solutions with ready customers. The remaining 30% is reserved for “revolutionary innovation,” betting on technologies that could create entirely new markets by the 2030s. One example from their portfolio is Harbinger, an EV truck startup where Leitmotif co-led a $100 million Series B round in January. Discussions are reportedly underway for Harbinger to collaborate with Volkswagen’s trucking division, showcasing the potential for direct synergy. What makes Leitmotif’s launch particularly noteworthy is its timing. Late 2023, when the firm began its quiet investment spree, was a challenging period for hardware and deep-tech startups due to high interest rates and a cautious funding environment. Trevithick argues this was an advantage: “It’s in down markets when the strong companies separate from the weak.” With other venture firms retreating to protect existing portfolios, Leitmotif seized the opportunity to back promising, underfunded ventures. Looking ahead, Trevithick and Wiese plan to expand Leitmotif’s reach with additional funds focused on robotics and AI—areas Volkswagen may also opt to invest in. For now, the firm remains independent, focused on finishing its debut fund while proving its model of blending profit with purpose. For entrepreneurs and innovators in the decarbonization space, Leitmotif’s emergence signals a new source of capital with a powerful industrial ally. For the public, it’s a reminder that even traditional giants like Volkswagen are adapting to a greener future, one startup at a time. Keep an eye on this stealthy player—it might just redefine how industry and innovation intersect. ----Join <a href="https://www.newnex.io/blogs/venture-capital/www.newnex.io" rel="noopener noreferrer" target="_blank">Newnex</a> For Free: The Global Institutional Network for VCs, LPs, and venture-scale startups for secure, reference-driven syndication and co-investments.

Volkswagen Fuels a New Venture Capital Firm Focused on Decarbonization

The German government has announced a fresh injection of €200 million (approximately $210 million) into its venture capital ecosystem, reinforcing its commitment to fostering innovation and supporting high-growth startups. Unveiled on March 11, 2025, this funding aims to bolster early-stage companies, particularly in cutting-edge fields like artificial intelligence (AI), climate technology, and digital infrastructure. The move builds on Germany’s ongoing efforts to solidify its position as a leading hub for tech innovation in Europe, amid intensifying global competition. Strengthening the Startup EcosystemThis €200 million allocation will be channeled through the KfW Capital, a subsidiary of the state-owned KfW Bank, which has been instrumental in bridging funding gaps for German startups. The funds are earmarked for co-investment with private venture capital firms, targeting seed and Series A rounds. This follows a €400 million commitment in 2024, bringing the government’s total venture capital support to €600 million over two years. Economy Minister Robert Habeck emphasized the strategic intent: “Germany must lead in transformative technologies. This investment ensures our startups have the capital to innovate and scale, keeping us competitive on the global stage.” The focus on AI, green tech, and digital solutions aligns with Germany’s broader economic goals. The country aims to leverage its industrial prowess—evidenced by a 2% surge in industrial output in January 2025, driven by car manufacturing—to transition into a leader in next-generation technologies. Startups in these sectors are seen as critical to addressing climate challenges, enhancing digital infrastructure, and maintaining economic resilience in a shifting global landscape. Germany’s startup scene has been gaining momentum, with Berlin often dubbed the “Silicon Valley of Europe.” In 2024, German startups raised €6.8 billion, a modest rebound from the €6.2 billion in 2023, despite a global venture capital slowdown. However, early-stage funding remains a bottleneck, with many promising companies struggling to secure initial capital compared to counterparts in the U.S. or UK. The government’s latest move addresses this gap, aiming to reduce reliance on foreign investors and nurture homegrown talent. The timing also reflects economic pressures. While industrial production shows signs of stabilization, exports dropped by 2.5% in January 2025, signaling vulnerabilities in Germany’s trade-dependent economy. By bolstering venture capital, the government hopes to diversify growth drivers, betting on tech innovation to offset traditional sector challenges. This shift mirrors a broader policy evolution, with some analysts noting a departure from fiscal conservatism toward debt-financed growth strategies. A Collaborative ApproachThe €200 million will not be deployed in isolation. KfW Capital will partner with private VC firms, amplifying the funds’ impact through matched investments. This public-private model has proven effective in prior initiatives, such as the Future Fund (Zukunftsfonds), launched in 2021 with €10 billion to support tech scale-ups. The new funding is expected to support 30–40 startups, with individual investments ranging from €5 million to €15 million, depending on co-investment agreements.Climate tech, a priority area, could see significant gains. Germany’s push for carbon neutrality by 2045 relies heavily on scalable solutions like renewable energy storage and carbon capture—areas where startups often lack early funding. Similarly, AI ventures, from autonomous systems to data analytics, are poised to benefit, building on Germany’s strong research base and industrial applications. Despite the optimism, hurdles remain. Germany’s venture ecosystem lags behind the U.S. and China in total investment volume, and bureaucratic red tape continues to deter some entrepreneurs. Critics argue that €200 million, while substantial, is a drop in the bucket compared to the billions poured into American or Chinese startups annually. “It’s a step forward, but we need more ambition to truly compete,” said Anna Berger, a Berlin-based VC analyst. Others question whether the focus on early-stage funding adequately supports later-stage scaling, where German firms often lose ground to international rivals. Regulatory complexity also looms large. Startups face lengthy approval processes for subsidies and tax incentives, potentially slowing deployment of the new funds. The government has pledged to streamline these mechanisms, but results remain to be seen. A European ContextGermany’s investment comes amid a broader European push to bolster tech sovereignty. The EU recently allocated €4.6 billion for clean tech and EV batteries in December 2024, signaling a collective effort to counter Chinese dominance in strategic sectors. Germany’s €200 million complements this, reinforcing its role as Europe’s economic engine. Collaborative efforts with VC firms like Munich-based HV Capital, which expanded to the UK in February 2025, could also deepen cross-border innovation ties. As of March 12, 2025, details on specific recipients and timelines are pending, with KfW Capital expected to begin disbursements by Q3 2025. The government projects that this injection could create 5,000–7,000 high-skilled jobs over five years, alongside fostering 10–15 potential “unicorns” (startups valued at over €1 billion). For now, the €200 million signals Germany’s intent to not just keep pace but lead in the global tech race—a bet on innovation to secure its economic future.----Join <a href="https://www.newnex.io/blogs/venture-capital/www.newnex.io" rel="noopener noreferrer" target="_blank">Newnex</a> For Free: The Global Institutional Network for VCs, LPs, and venture-scale startups for secure, reference-driven syndication and co-investments.

German Government Boosts Venture Capital with Additional €200 Million Investment

Bessemer Boosts India Focus with $350 Million AI and Startup Fund

Obvious Ventures Seeks $400 Million to Fuel Next Wave of Impactful Startups Obvious Ventures, the venture capital firm co-founded by Twitter’s Evan Williams, is in the process of raising $400 million for its latest fund, according to a recent SEC filing. This initiative underscores the firm’s dedication to supporting startups that aim to generate positive societal and environmental impacts. A Legacy of Purpose-Driven Investments Since its inception, Obvious Ventures has been committed to backing companies that align with its “world positive” investment philosophy. The firm focuses on three primary sectors:	•	Planetary Health: Investing in sustainable solutions that address environmental challenges.	•	Human Health: Supporting innovations that enhance personal well-being and healthcare.	•	Economic Health: Promoting financial tools and services that empower individuals and communities. Notable investments from Obvious Ventures include plant-based meat producer Beyond Meat and AI-driven healthcare provider Virta Health. The move to raise a $400 million fund comes at a time when venture capital firms are increasingly focusing on startups that combine profitability with purpose. Obvious Ventures’ strategy reflects a growing trend of investors seeking to drive meaningful change through their capital allocations. As the fundraising efforts progress, the firm is poised to identify and support the next generation of startups that are not only financially promising but also aligned with creating a positive impact on society and the environment. ----Join <a href="www.newnex.io" rel="noopener noreferrer" target="_blank">Newnex</a> For Free: The premier platform connecting VCs, LPs, and venture-scale startups for secure, reference-driven syndication and co-investments.

Obvious Ventures Seeks $400 Million to Fuel Next Wave of Impactful Startups

Perplexity, the innovative AI-powered search engine developer, has announced the launch of a $50 million venture fund aimed at supporting early-stage startups. This strategic move underscores Perplexity’s commitment to fostering innovation within the AI and technology sectors. Fund Overview The newly established fund is designed to provide seed and pre-seed investments to emerging companies, with a particular focus on those operating within the AI and technology domains. By targeting startups at these critical early stages, Perplexity aims to nurture groundbreaking ideas and technologies that have the potential to reshape industries. Leadership Team At the helm of this venture fund are General Partners Kelly Graziadei and Joanna Lee Shevelenko. Both bring a wealth of experience from their previous roles as co-founders of f7 Ventures, an early-stage investment firm known for backing companies like women’s health startup Midi. Their expertise and proven track record in identifying and supporting promising startups position the fund for success. Strategic Implications This initiative places Perplexity alongside other AI industry leaders who have established similar funds to cultivate the next generation of tech innovators. Notably, while OpenAI operates an investment fund, it does not utilize its own capital for investments. In contrast, Perplexity is leveraging a portion of its own resources, alongside contributions from limited partners, to capitalize its new venture fund. By launching this fund, Perplexity is not only reinforcing its position within the AI and tech ecosystem but also providing essential capital to startups that align with its vision. This move is expected to stimulate innovation, foster strategic partnerships, and contribute to the overall growth and diversification of the technology landscape. As the fund begins to deploy capital, the tech community will be closely monitoring which startups receive backing and how Perplexity’s investment strategy influences the broader AI and technology sectors.---Join <a href="www.newnex.io" rel="noopener noreferrer" target="_blank">Newnex</a>: The Platform For Venture Capital Institutional Investors and Startups for Confidential Syndication and Co-Investment Opportunities.

Perplexity AI launches $50m early-stage fund 

President Donald Trump signed an executive order on February 3, 2025, to establish the first United States sovereign wealth fund. This decision marks a change in the country's approach to managing national assets and investing in its future. What is a Sovereign Wealth Fund? A sovereign wealth fund (SWF) is a state-owned investment fund that invests in various financial assets, including stocks, bonds, real estate, and other financial instruments. These funds are established to manage a country's excess reserves, stabilize the national economy, and generate wealth for future generations. The U.S. Sovereign Wealth Fund Initiative The executive order instructs the Secretary of the Treasury and the Secretary of Commerce to develop a plan for creating the fund within 90 days. The fund aims to: - Promote fiscal sustainability- Reduce the tax burden on American families and small businesses- Establish long-term economic security- Enhance U.S. economic and strategic leadership internationally The fund is expected to be operational within 12 months, focusing on monetizing government assets. Specific funding mechanisms are yet to be determined, with tariffs being considered as a potential source. The U.S. sovereign wealth fund may invest in various sectors: 1. Infrastructure projects2. Manufacturing hubs3. Advanced defense capabilities4. Cutting-edge medical research5. Strategic assets like TikTok The fund's creation may reshape America's approach to government investment and provide a new tool for competing in the global technological landscape. The creation of a U.S. sovereign wealth fund faces several challenges: 1. Funding sources: The U.S. has been running deficits for years, unlike oil-rich countries with budget surpluses.2. Political hurdles: The fund's establishment requires Congressional approval.3. Economic concerns: Some experts question the appropriateness of such a fund for a country with trade and budget deficits. The United States would join a list of countries with sovereign wealth funds. Notable examples include: - Norway's Government Pension Fund Global: $1.4 trillion- China Investment Corporation: $1.2 trillion- Abu Dhabi Investment Authority: $829 billion Several U.S. states already have their own funds: - Alaska Permanent Fund: $77.8 billion- Texas Permanent School Fund: $46.5 billion- New Mexico State Investment Council These state-level funds have shown benefits in supporting education and providing dividends to residents. As the Treasury and Commerce Departments develop the plan for the U.S. sovereign wealth fund, questions remain about its structure, governance, and investment strategies. The coming months will be crucial in shaping this initiative that may transform the United States' approach to national investment and economic strategy. The creation of a U.S. sovereign wealth fund represents a shift in economic policy, with implications for the country's financial future and global economic standing. As the plan unfolds, it will likely generate debate and scrutiny from policymakers, economists, and the public.--Join the Future of Venture Capital Investing with NewnexNewnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and inveting through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io/" rel="noopener noreferrer" target="_blank">www.newnex.io</a>&nbsp; Bringing together 5000 VC/LP firms and 100k+ startups in one unified platform. We are making institutional VC investing as seamless as public markets investing.

USA Launches Sovereign Wealth Fund: A New Era of National Investment

Cherry Ventures has unveiled its latest initiative: a $500 million fund aimed at propelling Europe's first trillion-dollar company. This announcement, made on February 4, 2025, marks a significant milestone in the venture capital firm's commitment to fostering innovation and growth in the European tech sector. The newly launched Cherry V fund comprises two key components:1. A flagship Early Stage fund2. An opportunity fund for promising portfolio companies at Series B and beyond This strategic split allows Cherry Ventures to support startups at various stages of growth, from inception to maturity. The fund's success is evident in its rapid formation and oversubscription. Raised in just a few months, the fund was 2x oversubscribed and includes a global LP base. It features investments from renowned entrepreneurs such as Ilkka Paananen (Supercell), Miki Kusi (Wolt), and Jochan Enghert (Flix). Despite prevailing pessimism in the European tech narrative, Cherry Ventures maintains an optimistic outlook. The firm challenges the notion that Europe is falling behind in the global tech race, citing several encouraging statistics: - 35,000 early-stage startups in Europe, surpassing other regions- 7x growth in the tech workforce since 2015- Presence of world-class talent, research capabilities, and thriving tech hubs Cherry Ventures emphasizes the need for a shift in Europe's innovation culture. The firm advocates for bold action from startups, collaboration among policymakers, entrepreneurs, researchers, and investors, and leveraging Europe's strengths to become a global tech leader. Cherry Ventures' confidence is rooted in its impressive track record. The firm has backed over 130 companies, with over 80% of seed-funded startups progressing to Series A. With this new fund, Cherry Ventures aims to catalyze the growth of European tech companies, potentially leading to the continent's first trillion-dollar valuation. By fostering a collaborative ecosystem and providing substantial financial support, the firm is positioning itself as a key player in shaping Europe's tech future.--Join the Future of Venture Capital Investing with NewnexNewnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and inveting through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io/" rel="noopener noreferrer" target="_blank">www.newnex.io</a>&nbsp; Bringing together 5000 VC/LP firms and 100k+ startups in one unified platform. We are making institutional VC investing as seamless as public markets investing.

Cherry Ventures Launches $500M Fund to Boost European Tech

Passive investing has gained significant traction in recent years, offering a straightforward approach to building wealth that consistently outperforms many professional fund managers. This article explores the benefits of passive investing, its performance compared to active management, and how investors can implement this strategy effectively. The Rise of Passive Investing Passive investing involves tracking a market index or benchmark rather than trying to beat it. This approach has grown in popularity due to its simplicity, low costs, and consistent performance. As of 2025, passive funds account for approximately 20% of the investment industry, representing nearly £280 billion in value. Outperforming Professional Managers One of the most compelling arguments for passive investing is its ability to outperform a large percentage of actively managed funds. Recent data shows that over a 15-year period, 92-95% of professional fund managers fail to beat their passive index benchmarks. This statistic highlights the difficulty of consistently outperforming the market through active management. Benefits of Passive Investing 1. Lower Costs Passive funds typically have significantly lower expense ratios compared to actively managed funds. While active funds may charge 1% or more in annual fees, many index funds and ETFs have expense ratios below 0.1%. 2. Broad Diversification By tracking an entire market index, passive funds provide instant diversification across hundreds or thousands of securities. This reduces the risk associated with individual stock selection. 3. Transparency Passive funds are highly transparent, with investors always knowing exactly which securities they own based on the tracked index. 4. Tax Efficiency Due to their low turnover, passive funds tend to generate fewer taxable events, potentially leading to better after-tax returns for investors. 5. Consistency Passive funds aim to match market returns rather than beat them, providing more predictable performance over time. Implementing a Passive Investing Strategy To implement a passive investing strategy effectively, consider the following steps: 1. Choose Your Asset Allocation Determine the right mix of stocks, bonds, and other assets based on your risk tolerance and investment goals. 2. Select Low-Cost Index Funds or ETFs Look for funds with low expense ratios that track broad market indices such as the S&amp;P 500, FTSE All-Share, or global stock market indices. 3. Regularly Rebalance Periodically adjust your portfolio to maintain your target asset allocation as market movements cause it to drift. 4. Stay Disciplined Avoid the temptation to react to short-term market fluctuations. Stick to your long-term investment plan. 5. Consider Tax-Efficient Accounts Utilize tax-advantaged accounts like ISAs or SIPPs to maximize the tax efficiency of your passive investing strategy. Performance Expectations While past performance does not guarantee future results, historical data provides insight into potential returns. Over the long term, the S&amp;P 500 has delivered average annual returns of approximately 10%. However, it's important to note that returns can vary significantly from year to year. For the five years ending in 2024, a typical passive fund tracking the FTSE All-Share index returned around 16.30% annually, outperforming many actively managed funds during the same period. Despite its many advantages, passive investing is not without challenges: 1. Market Inefficiencies In less efficient markets or during periods of high volatility, active management may have opportunities to outperform. 2. Lack of Downside Protection Passive funds will follow the market down during bear markets, potentially leading to significant losses in the short term. 3. Concentration Risk As certain stocks or sectors become more dominant in an index, passive funds may become overly concentrated in these areas. 4. Impact on Market Dynamics The growing popularity of passive investing has raised concerns about its potential impact on market efficiency and price discovery. Passive investing offers a compelling strategy for investors seeking to build long-term wealth while minimizing costs and complexity. By consistently outperforming a large majority of professional fund managers, passive investing has proven its worth as a core investment approach. As with any investment strategy, it's essential to consider your individual financial goals, risk tolerance, and overall portfolio composition. While passive investing can form the foundation of a solid investment plan, some investors may choose to complement it with selective active strategies or alternative investments to achieve their specific objectives. Ultimately, the simplicity, cost-effectiveness, and long-term performance of passive investing make it an attractive option for many investors looking to grow their wealth over time. --Join the Future of Venture Capital Investing with NewnexNewnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io/" rel="noopener noreferrer" target="_blank">www.newnex.io</a>&nbsp; We are digitalizing institutional investing to make VC as accessible as public markets while retaining the uniqueness of private markets. The mission is to unify 5,000+ VC/LP firms with 100,000 startups on a trusted platform for reference-only private deal-making.

Passive Investing: A Simple Strategy to Outperform Professional Fund Managers

In a significant corporate decision, Dropbox has announced plans to reincorporate from Delaware to Nevada. This move, set to be finalized in early 2025, marks a notable shift in the company's legal strategy and reflects a growing trend among tech companies to reconsider their corporate domiciles. The Reincorporation Process Dropbox filed a preliminary information statement with the Securities and Exchange Commission, revealing that majority shareholders had approved the reincorporation through written consent. This process is part of Dropbox's broader business transformation strategy, aimed at aligning its legal structure with its evolving business needs. Reasons Behind the Move Dropbox's decision to leave Delaware, long considered the gold standard for corporate incorporation, stems from several factors: 1. Seeking a more predictable legal environment2. Concerns about Delaware's increasingly litigious atmosphere3. Preference for Nevada's statute-focused approach to corporate law4. Desire for stability and certainty in corporate decision-making The company believes that Nevada's legal framework, which codifies the fiduciary duties of directors and officers, will provide a more suitable environment for its ongoing business transformation. The "Dexit" Trend Dropbox's reincorporation is part of a larger trend dubbed "Dexit," referring to the exodus of companies from Delaware. Other tech giants, including Meta (formerly Facebook), are reportedly considering similar moves. This shift challenges Delaware's long-standing dominance as the preferred state for corporate incorporation. Implications for Corporate Governance While Dropbox's operational headquarters will remain in California, the reincorporation to Nevada will have significant legal implications. Future corporate disputes involving Dropbox will likely be adjudicated under Nevada law, potentially offering different protections and obligations compared to Delaware's system. This trend could prompt other states to enhance their corporate governance frameworks to attract businesses, potentially reshaping the landscape of corporate domiciles in the United States. The Broader Impact As more tech companies reconsider their legal homes, it signals a broader transformation in how businesses approach corporate governance and legal strategy. This shift reflects companies' increasing desire for predictable legal environments and reduced litigation risks as they navigate complex business transformations and evolving market conditions. Dropbox's move to Nevada represents a strategic decision aimed at optimizing its legal framework and supporting its ongoing business transformation. As other tech companies follow suit, this trend could lead to significant changes in the corporate governance landscape, challenging Delaware's long-standing dominance and potentially reshaping how companies approach their legal strategies in the future. --Join the Future of Venture Capital Investing with NewnexNewnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io/" rel="noopener noreferrer" target="_blank">www.newnex.io</a>&nbsp; We are digitalizing institutional investing to make VC as accessible as public markets while retaining the uniqueness of private markets. The mission is to unify 5,000+ VC/LP firms with 100,000 startups on a trusted platform for reference-only private deal-making.

Dropbox does a Dexit - joins Delaware exodus

India is poised for a historic year in its capital markets, with a wave of billion-dollar initial public offerings (IPOs) expected to hit the stock exchanges in 2025. This surge in public listings is set to surpass 2024’s impressive performance, even as economic headwinds and currency fluctuations pose challenges. Mega IPOs to Dominate the Market Investment bankers have identified at least seven companies preparing to launch IPOs valued at $1 billion or more. Among them are high-profile domestic players like online brokerage Groww, fintech giant Pine Labs (backed by PayPal), and eyewear brand Lenskart, which enjoys backing from SoftBank. Additionally, South Korean conglomerate LG is planning to list its Indian subsidiary, adding an international dimension to the listings. This year’s expected IPOs significantly outnumber last year’s three billion-dollar-plus listings, which included Hyundai’s Indian arm and Swiggy, a leading food and grocery delivery service. In 2024, India emerged as Asia’s top IPO market, trailing only the United States in global rankings. Capital Inflows and Market PerformanceAccording to projections from Indian brokerage Motilal Oswal, total equity fundraising through IPOs could surpass $23 billion in 2025, up from $19.6 billion raised across 336 IPOs in 2024. So far, 34 companies have received approvals to raise $4.8 billion, while another 55 companies await regulatory clearance for $11.4 billion in public offerings. “There’s a strong pipeline,” noted Sonia Dasgupta, CEO of the investment banking division at JM Financial, signaling sustained investor interest in Indian markets. Reliance Jio: The Potential Game-ChangerA wildcard in this year’s IPO rush is Reliance Jio, the telecom giant owned by Asia’s richest man, Mukesh Ambani. While Reliance Industries has not provided a definitive timeline for Jio’s public debut, industry insiders speculate that it could take place in the latter half of 2025. If realized, Jio’s IPO could be the biggest of the year. Strong Market Debuts and Domestic Investment SurgeDespite global economic concerns, IPOs in India have generally performed well. A recent study by Bank of Baroda found that 82% of IPOs launched in 2024 saw their stock prices rise post-listing. The strong performance has been fueled by rising domestic investments, as millions of Indian households continue to channel their savings into equity markets. “India is among the most expensive markets,” said Kunal Vora, head of equity research at BNP Paribas, pointing to India’s high price-to-earnings (P/E) multiples of around 20—compared to 14 in other major markets. Local institutional investors have become the backbone of Indian markets, surpassing foreign inflows for the fourth consecutive year. The number of Indians investing in mutual funds has quadrupled from 40 million in 2020 to over 180 million in 2024. This trend has helped sustain India’s high valuations despite global market volatility. Foreign Investment and Economic ChallengesHowever, foreign investors have been pulling back, withdrawing over $30 billion since October 2024. Many global investors remain hesitant due to India’s high stock valuations and broader economic concerns. The Nifty 100 index has dropped 12% since its September 2024 peak, reflecting weak corporate earnings and slowing GDP growth. Although India remains the fastest-growing major economy, GDP growth slowed to 5.4% year-on-year in Q3 2024, marking its lowest rate in nearly two years. The Indian rupee has also weakened against a strong US dollar, particularly following Donald Trump’s return to the US presidency. Cautious Optimism Among PromotersMarket experts note that while many Indian business owners were initially eager to launch IPOs, some are now reconsidering their timelines. Nitin Bhasin, head of institutional equities at Ambit Capital, observed a shift in sentiment: “Many promoters are happy to delay their IPOs by a month or two to gauge market conditions.”Additionally, some major IPOs have struggled post-listing. Hyundai Motor India, for instance, has seen its stock drop 8.7% since its October 2024 debut. Questions have also been raised about the quality of smaller IPOs and whether foreign companies are using the Indian market to withdraw capital rather than reinvest locally. A High-Stakes Year for Indian IPOsWith a robust IPO pipeline and strong domestic investor participation, 2025 is set to be a landmark year for India’s capital markets. However, challenges such as global economic conditions, stock overvaluation, and foreign investor sentiment could influence how these mega listings perform. As the year unfolds, market watchers will keep a close eye on India’s ability to maintain its IPO momentum in the face of economic uncertainty.

India’s IPO Boom in 2025: A Record-Breaking Year for Public Listings

Keyless Secures $2M in Additional Funding to Expand North American Presence Keyless, a London-based biometric authentication startup, has raised $2 million in additional funding, bringing its total funding to $10 million. The funding round was led by existing investors Rialto Ventures and Experian Ventures and aims to support the company’s expansion in North America while driving innovations to combat deepfake technology in the financial services sector. Founded by CEO Andrea Carmignani, Keyless specializes in privacy-preserving facial biometrics, offering a cutting-edge solution for secure user authentication. Its Zero-Knowledge Biometrics™ technology provides multi-factor authentication in just 300 milliseconds without storing biometric data anywhere, ensuring user privacy. The platform is utilized by banks, fintechs, cryptocurrency platforms, and gaming companies to reduce account takeovers, secure high-risk actions, and enhance operational efficiency. The service is accessible via app and web and holds key certifications, including ISO 27001, ISO 30107, FIDO Biometrics, and FIDO2. The company has seen rapid growth over the past year, gaining customers across the UK, EU, North America, and South America. Keyless also expanded its U.S. presence by hiring North American Sales and Technical Services Directors and bringing on industry experts Sarah Clark and Charles Walton—both former senior vice presidents at MasterCard—as advisors. Currently employing 50 people across offices in the UK, U.S., and EU, Keyless plans to use the new funding to accelerate its North American operations and further develop solutions to tackle emerging threats like deepfake technology. With its innovative approach to biometric authentication and strong backing from investors, Keyless is poised to continue its growth trajectory in the global cybersecurity market. Kraaft Raises €13 Million to Digitize Construction Operations with AI-Powered Platform Kraaft, a Paris-based startup revolutionizing the construction industry, has secured €13 million in Series A funding to expand its AI-powered collaboration platform. The investment round was led by Dawn Capital, with participation from Brick &amp; Mortar Ventures, Chalfen Ventures, Stride VC, and OSS Ventures. Founded in 2020 by Marc Nègre, Cédric Boidin, and Thomas Reygagne, Kraaft addresses inefficiencies in construction through its intuitive platform that bridges the gap between field and office operations. The app integrates features such as real-time communication, photo geolocation, document management, and AI-driven workflows. Key highlights of Kraaft's growth and impact: 1. User base has tripled since its €3.2 million Seed round in 20232. Now serves over 1,000 companies3. Facilitates more than one million messages monthly4. Supports five languages: English, Spanish, German, Italian, and French5. Partnered with major European construction firms like SAUR, NGE, and SPIE CityNetworks6. Reported 15% improvement in handling change orders, boosting project margins The construction sector, which generated €12.5 trillion in global output in 2023, has been slow to adopt new technologies. Kraaft aims to change this by offering an easy-to-use platform inspired by popular messaging apps like WhatsApp. Thomas Reygagne, Co-founder and CEO at Kraaft, emphasized the company's mission to empower frontline construction workers and transform productivity in the sector. The new funding will be used to fuel product development and expand into key markets, including the UK and Germany. Kraaft plans to introduce new features in 2025, such as planning and timesheets for project management, API integrations with platforms like Procore, and AI-driven automation tools to further enhance productivity. London-based Fintech Aslan Raises €4.7 Million to Revolutionize Employee Pay and Benefits Aslan, a financial wellbeing platform founded in 2022, has secured €4.7 million in seed funding to expand its innovative solution for employee compensation and rewards. The London-based startup aims to transform how employees are paid and how companies approach workforce engagement and financial wellbeing. The oversubscribed funding round was led by Notion Capital, with participation from Redstone and various angel investors. Aslan's platform offers a mobile app and reward card that provides instant cashback on purchases, flexible pay options, budgeting tools, and financial education for employees. With this investment, Aslan plans to launch new features, expand its team, and further develop its technology to address the challenges of employee compensation and financial stress in the UK workforce. The company has already onboarded clients from various industries and achieved strong employee uptake since its launch in April 2024. As Aslan continues to grow, it seeks to fundamentally change the way people are paid and how companies reward their employees, potentially reshaping the landscape of workforce financial wellbeing in the UK and beyond. --Join the Future of Venture Capital Investing with NewnexNewnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io/" rel="noopener noreferrer" target="_blank">www.newnex.io</a>&nbsp; We are digitalizing institutional investing to make VC as accessible as public markets while retaining the uniqueness of private markets. The mission is to unify 5,000+ VC/LP firms with 100,000 startups on a trusted platform for reference-only private deal-making.

Keyless, Kraaft, Aslan announces new fundraising rounds 

Recfindr, a London startup developing an innovative recruitment management system, has successfully raised £300,000 in a pre-seed funding round. The company, founded in 2024, aims to revolutionize the hiring process by providing an all-in-one platform that gives hiring managers complete control over recruitment. 1. Platform Features:&nbsp;&nbsp;- Designed to reduce hiring time for urgent roles by 50%&nbsp;&nbsp;- Provides hiring managers with access to specialist recruiters&nbsp;&nbsp;- Streamlines the entire recruitment process in one platform 2. Market Impact:&nbsp;&nbsp;- Addresses the "deeply fragmented" UK recruitment agency market&nbsp;&nbsp;- Over 160 recruitment agencies have already joined the platform 3. Funding Details:&nbsp;&nbsp;- Led by SFC Capital, the UK's leading SEIS fund for innovative companies&nbsp;&nbsp;- Participation from high-profile angel investors, including Ezequiel Canestrari, European COO of Clearbank 4. Fund Utilization:&nbsp;&nbsp;- Primary focus on hiring engineering talent&nbsp;&nbsp;- Further development and enhancement of the platform Alexandra Chirica, the founder of Recfindr, emphasizes the importance of specialized recruitment, stating, "You wouldn't hire a generalist to perform complex surgery, or defend you in court or build the software for your company. And yet we continue to hire generalist recruiters." She believes Recfindr will empower hiring managers by connecting them with the right specialists for their needs. The successful funding round and the rapid adoption by recruitment agencies signal a promising future for Recfindr in the evolving landscape of recruitment technology. --Join the Future of Venture Capital Investing with NewnexNewnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io/" rel="noopener noreferrer" target="_blank">www.newnex.io</a>&nbsp; We are digitalizing institutional investing to make VC as accessible as public markets while retaining the uniqueness of private markets. The mission is to unify 5,000+ VC/LP firms with 100,000 startups on a trusted platform for reference-only private deal-making.

London-based Recruitment Tech Startup Secures £300k Pre-Seed Funding

A UK-based startup, Domna, has raised £70 million in a funding round led by Leon Capital. This investment marks one of the largest first-time raises for a female-founded team in Europe and aims to address the pressing issue of energy inefficiency in UK homes. The Energy Efficiency Crisis Over 18 million homes in the UK, representing more than half of the country's housing stock, suffer from poor energy efficiency. These properties are more susceptible to cold, damp, and mould, highlighting the urgent need for improvement. Domna's Comprehensive Approach Formerly known as Hestia, Domna offers a range of services to improve home energy efficiency: - Assisting landlords in decarbonizing rental properties- Providing property assessment and purchase advice- Managing retrofit delivery processes- Offering on-site improvements such as insulation, glazing, draft proofing, and renewable energy system installations- Utilizing proprietary software for energy efficiency assessments The company aims to increase home valuations by 20% after retrofitting and help homeowners reduce energy bills by 40%. A New Trend in European Startups Domna's strategy aligns with a growing trend among European startups, which involves: - Acquiring and consolidating smaller businesses in various industries- Deploying proprietary software across acquired companies to scale operations and expand customer base Strategic Acquisitions and Future Plans With the new funding, Domna has acquired two retrofit surveying and contracting businesses: The Warmfront Team and Osmosis ACD. These acquisitions strengthen Domna's position in the market and expand its service offerings. The company plans to use the investment to: - Pursue further acquisitions in the sector- Enhance its predictive machine-learning stock assessment tool Impact and Scale The combined Domna group now delivers approximately 15,000 domestic retrofits annually, achieving significant carbon abatement and fuel poverty reduction while adding substantial value to residential properties. This investment in Domna represents a major step towards addressing the UK's housing energy efficiency challenges and reducing carbon emissions in the residential sector.--Join the Future of Venture Capital Investing with NewnexNewnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io/" rel="noopener noreferrer" target="_blank">www.newnex.io</a>&nbsp; We are digitalizing institutional investing to make VC as accessible as public markets while retaining the uniqueness of private markets. The mission is to unify 5,000+ VC/LP firms with 100,000 startups on a trusted platform for reference-only private deal-making.

UK Startup, Domna, Secures £70m Funding to Tackle Home Energy Efficiency

In a bold move that promises to reshape the landscape of artificial intelligence, President Donald Trump has unveiled the Stargate Initiative, a $500 billion project aimed at securing America's leadership in AI technology. Announced on January 22, 2025, this ambitious venture brings together tech giants OpenAI, SoftBank, and Oracle in a collaborative effort to build cutting-edge AI infrastructure across the United States. The Stargate Project: A New Era of AI Development The Stargate Project, spearheaded by OpenAI and SoftBank, plans to invest $500 billion over the next four years to construct state-of-the-art data centers and AI research facilities. With an initial deployment of $100 billion, the project is set to commence immediately, starting with a massive one-million square foot data center in Texas. <iframe class="ql-video" frameborder="0" allowfullscreen="true" src="https://www.youtube.com/embed/_GpvMIlVFMo?showinfo=0"></iframe> Key Players and Partnerships SoftBank CEO Masayoshi Son will serve as chairman of the Stargate Project, overseeing financial responsibilities, while OpenAI will manage operational aspects. The initiative also involves other tech powerhouses: - Oracle: Providing cloud computing and data center infrastructure expertise- NVIDIA: Contributing advanced GPU technology for AI computations- Microsoft: Continuing its partnership with OpenAI through Azure cloud services- Arm: Likely offering chip design capabilities Strategic Goals and Economic Impact The Stargate Initiative aims to achieve several key objectives: 1. Secure U.S. leadership in AI technology2. Create over 100,000 high-tech jobs across multiple states3. Foster clean energy innovation to power AI development4. Strengthen national security through advanced AI capabilities5. Stimulate economic growth and reindustrialize parts of the United States Technical Collaboration and Infrastructure The project will focus on developing a network of advanced data centers, leveraging Oracle's expertise in cloud computing. These facilities will house state-of-the-art hardware, including NVIDIA's latest GPU technologies, to support the demanding computational requirements of AI workloads. The infrastructure will incorporate: - Scalable data center designs- Energy-efficient cooling solutions- High-speed, low-latency network connectivity- Advanced cybersecurity protocols Implications for the Future The Stargate Initiative represents a significant step in the global AI race, positioning the United States to compete more effectively with countries like China. By investing heavily in domestic AI infrastructure, the U.S. aims to maintain its technological edge and protect national security interests. The project also has potential implications for various sectors, including healthcare, where AI advancements could accelerate medical research and improve patient care. Additionally, the initiative is expected to drive innovation in clean energy production, aligning with environmental sustainability goals. As the Stargate Project unfolds, it promises to usher in a new era of AI capabilities that could transform industries ranging from healthcare to national security. With its massive scale and collaborative approach, this initiative stands as a testament to the power of public-private partnerships in driving technological progress and economic growth. As the project develops, it will undoubtedly be watched closely by tech enthusiasts, policymakers, and global competitors alike, potentially reshaping the future of AI on a global scale.--Join the Future of Venture Capital Investing with NewnexNewnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io/" rel="noopener noreferrer" target="_blank">www.newnex.io</a>&nbsp; We are digitalizing institutional investing to make VC as accessible as public markets while retaining the uniqueness of private markets. The mission is to unify 5,000+ VC/LP firms with 100,000 startups on a trusted platform for reference-only private deal-making.--Join the Future of Venture Capital Investing with NewnexNewnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io/" rel="noopener noreferrer" target="_blank">www.newnex.io</a>&nbsp; We are digitalizing institutional investing to make VC as accessible as public markets while retaining the uniqueness of private markets. The mission is to unify 5,000+ VC/LP firms with 100,000 startups on a trusted platform for reference-only private deal-making.

The US Stargate Initiative: $500 Billion Leap into AI's Future

Intel Corporation has announced plans to spin off its venture capital division, Intel Capital, into an independent fund. This strategic move, expected to be completed in the second half of 2025, aims to streamline operations and maximize asset value as the chipmaker navigates ongoing challenges in the semiconductor industry. Established in 1991, Intel Capital has been a cornerstone of Intel's ecosystem for over three decades. With more than $5 billion in assets under management, the fund has invested in over 1,800 companies worldwide, deploying more than $20 billion in capital across various sectors including silicon, devices, and cloud computing. Notable portfolio companies include AI chip startup SambaNova, Israeli AI company AI21 Labs, and humanoid robotics firm Figure. Strategic Rationale and Future Outlook The spin-off aligns Intel Capital's structure with other leading venture firms, granting it greater autonomy and flexibility to attract external capital. Intel will remain an anchor investor in the new entity, which will operate under a different name. The existing Intel Capital team will transition to the new company, ensuring continuity in investment strategy and operations. David Zinsner, Intel's interim co-CEO and CFO, described the separation as a "win-win scenario," emphasizing that it will provide Intel Capital with access to new capital sources while maintaining a strategic partnership with Intel. Intel's Broader Restructuring Efforts This move comes amid a series of strategic shifts at Intel, including: 1. Cost-cutting measures: Intel aims to reduce costs by $10 billion by 2025, including a 15% reduction in its global workforce. 2. Leadership changes: In December 2024, CEO Pat Gelsinger left the company after a four-year tenure marked by challenges in the AI market. 3. Portfolio simplification: Intel has been divesting or reducing several smaller divisions to streamline its operations. 4. Manufacturing strategy: The company is investing heavily in advanced chip manufacturing capabilities, with plans to spend over $100 billion in the next five years on new U.S.-based facilities. Industry Impact and Future Prospects The spin-off of Intel Capital reflects broader trends in corporate venture capital, with firms seeking greater autonomy and external funding sources. This restructuring could accelerate Intel Capital's ability to compete with pure-play venture capital firms while potentially improving Intel's financial flexibility. As Intel continues to navigate challenges in the semiconductor industry, including intense competition from rivals like TSMC and Samsung, the company's strategic moves will be closely watched by investors, industry analysts, and policymakers alike. The success of Intel's restructuring efforts, including the spin-off of Intel Capital, could have significant implications for U.S. technological competitiveness and national security interests in the semiconductor sector. With the transition set to begin in the latter half of 2025, the tech industry eagerly anticipates the potential advancements and market dynamics that will unfold from this strategic restructuring.

Intel to Spin Off Venture Capital Arm as Part of Restructuring Efforts

In a landmark decision just days before leaving office, President Joe Biden has introduced the AI Diffusion Rule, a comprehensive regulatory framework aimed at curbing the uncontrolled global spread of advanced artificial intelligence (AI) technologies. Announced on January 13, 2025, the policy represents one of the administration’s most significant efforts to safeguard national security while addressing the rapid proliferation of AI capabilities worldwide. What is the AI Diffusion Rule? The AI Diffusion Rule imposes strict export controls on cutting-edge AI technologies, including high-performance chips and proprietary AI model architectures. At its core, the framework categorizes nations into three tiers based on their geopolitical alignment and level of trust, dictating their access to U.S. AI technology. The Three-Tier System1.	Tier 1: Trusted AlliesCountries like NATO members, Japan, and Australia will experience minimal restrictions, enjoying relatively unfettered access to U.S. AI technologies.2.	Tier 2: Controlled AccessNations with intermediate relations will face stringent licensing requirements, restricting access to specific high-end AI technologies.3.	Tier 3: Restricted NationsAdversarial powers, including China and Russia, are subject to the tightest controls, effectively barring them from acquiring advanced AI-related exports. Key Components of the Rule•	Export Restrictions: Limits on the sale of advanced computing chips and closed AI model weights.•	Global Licensing System: A mechanism requiring nations and companies to obtain licenses for access to frontier AI technologies.•	Security Measures: Companies must implement robust physical and cybersecurity protocols to secure sensitive AI models.•	120-Day Grace Period: Allows stakeholders to adapt to the new requirements before enforcement begins.•	Compliance Requirements: Firms must demonstrate adherence to the rule to gain approval for exports. The Biden Administration’s Rationale The Biden administration has positioned the rule as essential for maintaining the United States’ edge in the global AI race. Commerce Secretary Gina Raimondo highlighted the dual objectives of safeguarding advanced AI technologies from adversaries and fostering responsible international AI development. The administration contends that unchecked diffusion of AI capabilities could jeopardize global security, economic stability, and democratic governance. A Balancing Act: Security vs. Innovation While emphasizing the necessity of the rule, the administration acknowledges the need for a collaborative international framework to prevent fragmentation of AI development. By partnering closely with allies, the U.S. hopes to establish a shared global standard for AI governance. Tech Industry Backlash Despite its lofty goals, the AI Diffusion Rule has sparked significant resistance from major tech companies and industry groups.•	Nvidia, a global leader in AI chips, criticized the policy as “misguided,” warning that it could stifle innovation, disrupt supply chains, and lead to economic slowdowns.•	The Information Technology Industry Council echoed concerns, cautioning against the risk of isolating the U.S. tech industry from global markets. Economic Risks Critics argue that the rule’s restrictive nature could:•	Undermine U.S. leadership in AI innovation by alienating key global markets.•	Accelerate competitors’ development of independent AI ecosystems.•	Trigger a global race to bypass restrictions, potentially reducing the effectiveness of export controls. A Political Turning Point The policy’s future is uncertain as the incoming Trump administration is set to reassess its viability. While the AI Diffusion Rule reflects the Biden administration’s assertive approach to tech regulation, its enforcement will depend on the priorities of the new administration. Balancing national security with economic competitiveness is expected to remain a key challenge. Global Implications The AI Diffusion Rule underscores the intensifying geopolitical competition over emerging technologies. With nations vying for dominance in AI, the framework seeks to:•	Establish U.S. leadership in regulating AI development.•	Foster international cooperation among trusted allies.•	Curtail adversarial nations’ access to transformative technologies. Potential Outcomes•	Strengthened Alliances: Enhanced collaboration among Tier 1 nations could solidify collective technological leadership.•	Technological Decoupling: Restrictive policies may accelerate the divide between Western and Eastern technology ecosystems.•	Global Innovation Bottleneck: Fragmentation of global AI development could slow overall progress in the field. The AI Diffusion Rule is a bold attempt by the President Biden administration to address the complex challenges posed by the global AI race. By instituting export controls and security protocols, the rule aims to shape the global AI landscape, ensuring responsible diffusion of advanced technologies. However, its long-term success will depend on industry adaptation, international cooperation, and the willingness of future administrations to strike a delicate balance between security and innovation. As the world watches this pivotal development, one thing is clear: the AI Diffusion Rule is set to redefine the contours of global AI regulation and technological competition for years to come.

AI Diffusion Rule: US's Move to Reshape the Global AI Landscape

The following framework provides a systematic approach for nation-states to evaluate their progress across the 20 pillars of AI leadership. Each pillar is associated with specific key performance indicators (KPIs), metrics, and targets to ensure comprehensive assessment and continuous improvement. 1. National AI Policy•	KPIs:•	AI as a percentage of GDP contribution.•	AI-specific government spending (absolute and % of national budget).•	Regulatory agility index (frequency and timeliness of AI-related policy updates). 2. Education and Talent Development•	KPIs:•	Percentage of workforce trained in AI-related skills.•	Number of AI graduates and postgraduates annually.•	Number of public-private partnerships for AI education. 3. Access to Data•	KPIs:•	Volume of data available in open data platforms.•	Percentage of businesses sharing anonymized data.•	Data privacy compliance rate. 4. Infrastructure•	KPIs:•	National compute power ranking (e.g., number of GPUs/TPUs per capita).•	Percentage of population with broadband access.•	Energy efficiency of national data centers (PUE - Power Usage Effectiveness). 5. AI Ecosystem•	KPIs:•	Number of AI startups established annually.•	Annual funding raised by AI startups.•	Collaboration score (measured by cross-sectoral and academic-industry partnerships). 6. Research and Niche Leadership•	KPIs:•	Number of AI patents filed annually.•	Global ranking in niche AI domains (e.g., AI in healthcare or energy).•	Percentage of GDP allocated to AI R&amp;D. 7. Ethical AI Development•	KPIs:•	Compliance rate with ethical AI guidelines.•	Public trust index in AI systems.•	Adoption rate of “ethics by design” frameworks in national AI projects. 8. Long-Term Funding•	KPIs:•	Total AI funding (government + private sector) as a percentage of GDP.•	Growth rate of venture capital in AI.•	Tax incentives claimed for AI R&amp;D. 9. Global Market Access•	KPIs:•	Export revenue from AI products and services.•	Number of international partnerships for AI.•	Adoption of national AI standards in global markets. 10. Emerging AI Trends•	KPIs:•	Investments in generative AI and quantum AI.•	Number of human-AI collaboration tools developed.•	Publications in top AI journals addressing emerging trends. 11. Multilateral Cooperation•	KPIs:•	Number of AI-focused MOUs signed with other nations.•	Participation rate in international AI standardization efforts.•	Funding allocated to joint global AI initiatives. 12. National Security•	KPIs:•	Investment in AI-powered defense systems.•	Number of AI-driven cybersecurity incidents neutralized.•	National preparedness index for malicious AI threats. 13. Societal Good•	KPIs:•	Number of public sector AI applications deployed.•	Reduction in healthcare costs due to AI interventions.•	Increase in crop yield through AI-driven agriculture solutions. 14. Sustainability and Green AI•	KPIs:•	Percentage of AI projects meeting green standards.•	Reduction in national carbon footprint through AI.•	Number of AI tools developed for climate change mitigation. 15. Inclusive AI Development•	KPIs:•	Representation of minorities in AI R&amp;D workforce.•	Accessibility of AI tools for underserved communities.•	Growth in AI solutions addressing disabilities. 16. AI-Ready Legal and Judicial Systems•	KPIs:•	Number of legal disputes resolved using AI.•	Frequency of AI training programs for legal professionals.•	Legal updates addressing AI technologies (e.g., biannual updates). 17. Metrics and Accountability•	KPIs:•	AI readiness index (published annually).•	Frequency and transparency of AI impact reports.•	Public engagement in AI policy discussions. 18. Global Branding and Soft Power•	KPIs:•	Global rankings in AI thought leadership.•	Number of international AI summits hosted.•	Media coverage of national AI achievements. 19. Private Sector Engagement•	KPIs:•	Number of public-private AI projects.•	Growth in corporate AI R&amp;D spending.•	Percentage of enterprises adopting AI solutions. 20. Speed and Innovation•	KPIs:•	Time-to-market for new AI solutions.•	Number of AI pilots launched annually.•	Growth rate of patents filed in cutting-edge AI domains. Implementation and Monitoring•	Scorecard System: Assign scores (1-10) for each KPI to create a composite AI leadership score.•	Quarterly Reviews: Monitor progress with a centralized AI task force.•	Global Benchmarking: Compare with other leading nations to identify gaps and opportunities. This framework ensures that nations track, measure, and continuously improve their AI strategies while maintaining focus on ethics, societal impact, and inclusivity.--Join the Future of Venture Capital Investing with NewnexNewnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io/" rel="noopener noreferrer" target="_blank">www.newnex.io</a>&nbsp; We are digitalizing institutional investing to make VC as accessible as public markets while retaining the uniqueness of private markets. The mission is to unify 5,000+ VC/LP firms with 100,000 startups on a trusted platform for reference-only private deal-making. Disclaimer: The information presented in this article is based on available sources and may not be entirely accurate or up-to-date. We do not guarantee the accuracy of the content, and readers should conduct their own research and consult with financial professionals before making any decisions.

Measurement Framework for National AI Leadership

Artificial intelligence (AI) is a transformative force reshaping industries, societies, and global power structures. To lead the AI revolution, nations need a holistic strategy that addresses talent, infrastructure, data, ethics, and societal impact. This comprehensive blueprint outlines 20 pillars for establishing and maintaining global AI leadership. 1. Establish a National AI PolicyA robust AI policy sets the foundation for success, providing a roadmap for innovation and aligning resources.•	AI as a National Priority: Designate AI as a critical driver of economic and societal growth.•	Balanced Regulation: Encourage innovation while addressing ethical concerns like privacy and safety.•	Sovereign AI Capabilities: Invest in domestic tools to reduce reliance on foreign technologies and protect national security.•	Government Funding: Allocate significant resources to research, public-private partnerships, and startups. 2. Invest in Education and Talent DevelopmentTalent is the bedrock of AI innovation. Building a skilled workforce ensures competitiveness.•	Early AI Education: Introduce coding and AI literacy in school curriculums.•	University Programs: Expand graduate and postgraduate AI degree offerings.•	Reskilling Initiatives: Provide accessible programs to upskill workers in automated industries.•	Global Talent Attraction: Offer incentives and streamlined immigration pathways for top AI experts.•	Public Awareness Campaigns: Educate the public on AI’s potential benefits and risks. 3. Ensure Access to DataData fuels AI innovation. Nations must secure diverse, high-quality datasets while ensuring privacy and security.•	Open Data Platforms: Establish repositories of anonymized, non-sensitive data for researchers and businesses.•	Public-Private Collaboration: Encourage data sharing among companies and research institutions.•	Data Sovereignty: Implement policies to control and secure critical national data.•	Data Collection Infrastructure: Expand IoT networks and leverage synthetic data generation.•	Global Data Partnerships: Partner internationally to access diverse datasets, respecting privacy laws. 4. Build Robust InfrastructureAI development demands cutting-edge infrastructure for scalability and deployment.•	Compute Power: Invest in high-performance computing, including GPUs, TPUs, and quantum computing.•	Cloud and Edge Computing: Develop scalable infrastructure for real-time AI applications.•	Broadband Access: Ensure nationwide high-speed internet for equitable AI adoption.•	Energy Efficiency: Prioritize sustainable, energy-efficient computing solutions. 5. Foster a Thriving AI EcosystemAn interconnected ecosystem accelerates AI innovation and commercialization.•	Innovation Hubs: Establish AI-focused hubs to connect academia, enterprises, and startups.•	Startup Support: Provide funding, mentorship, and market access for AI startups.•	Cross-Sector Collaboration: Foster collaboration across industries like healthcare, agriculture, and energy.•	AI Export Strategy: Position AI solutions as key exports in areas of national expertise. 6. Specialize in Research and Niche LeadershipSpecialization helps nations excel in sectors where they have a competitive advantage.•	Industry-Specific AI: Focus on AI applications for healthcare, climate change, and advanced manufacturing.•	Funding R&amp;D: Increase funding for fundamental breakthroughs and applied research.•	International Collaboration: Share knowledge and resources with global research institutions. 7. Prioritize Ethical AI DevelopmentTrust and fairness are crucial for sustainable AI leadership.•	Ethics by Design: Integrate fairness, transparency, and safety into AI systems from the outset.•	Regulatory Alignment: Lead global discussions on ethical AI standards.•	Inclusivity: Ensure that AI benefits marginalized and underserved communities.•	Public Trust: Maintain open dialogue to address fears around data misuse and job displacement. 8. Secure Long-Term FundingConsistent funding is essential to stay competitive in the global AI race.•	Government Grants: Provide substantial funding for research and innovation.•	Venture Capital Ecosystem: Attract private investors with favorable policies.•	R&amp;D Tax Credits: Offer incentives for companies investing in AI research. 9. Accelerate Global Market AccessGlobal markets are key to scaling AI solutions.•	Trade Partnerships: Leverage agreements to expand AI offerings internationally.•	Localization: Adapt AI solutions for different cultural and regulatory environments.•	Standards Leadership: Influence global AI standards to align with national priorities. 10. Adapt to Emerging AI TrendsStaying ahead of trends ensures sustained leadership.•	Generative AI: Invest in cutting-edge tools while addressing risks like misinformation.•	Quantum AI: Prepare for the convergence of AI and quantum computing.•	Human-AI Collaboration: Focus on augmenting human capabilities alongside automation. 11. Promote Multilateral CooperationGlobal challenges require collaborative solutions.•	Shared AI Initiatives: Partner on AI-driven solutions for climate change and health crises.•	Standardization: Work with international bodies to set safety and ethical standards.•	Education Partnerships: Promote global AI education through joint research and programs. 12. Strengthen National SecurityAI has transformative implications for defense and security.•	AI-Powered Defense: Develop autonomous systems for surveillance and cybersecurity.•	Counter-AI Strategies: Prepare for and neutralize malicious AI use by adversaries.•	AI in Diplomacy: Use AI for geopolitical analysis and strategic decision-making. 13. Leverage AI for Societal GoodAI leadership should prioritize societal benefits.•	Public Services: Enhance healthcare, education, and safety through AI.•	Climate Solutions: Develop AI tools for renewable energy and environmental conservation.•	Equitable Benefits: Reduce inequalities and improve quality of life for all citizens. 14. Prioritize Sustainability and Green AIAI must align with environmental goals.•	Energy Efficiency: Promote energy-efficient AI systems and algorithms.•	AI for Sustainability: Use AI for precision agriculture and environmental monitoring.•	Green AI Policies: Require sustainability assessments for AI projects. 15. Focus on Inclusive AI DevelopmentAI should reflect the diversity of its users.•	Diverse Workforce: Encourage diversity in AI research and development teams.•	Localized Solutions: Create AI tailored to rural and underserved communities.•	Accessibility: Invest in AI tools for differently-abled individuals. 16. Establish AI-Ready Legal and Judicial SystemsAI’s rapid evolution demands adaptable legal frameworks.•	Judicial Training: Equip judges and regulators with AI literacy.•	AI Dispute Resolution: Develop tools for resolving legal disputes involving AI.•	Proactive Legislation: Regularly update laws for emerging AI domains. 17. Develop Metrics and AccountabilityMeasuring progress ensures sustained success.•	AI Readiness Index: Track progress in infrastructure, ethics, and innovation.•	Impact Assessment: Audit AI’s societal and economic contributions.•	Transparent Reporting: Share milestones with citizens to foster trust. 18. Strengthen Global Branding and Soft PowerA strong national identity in AI enhances influence.•	Cultural AI Export: Promote AI solutions that reflect national values.•	Thought Leadership: Host forums and summits to shape global AI conversations.•	AI Diplomacy: Use AI achievements to enhance international relations. 19. Engage the Private SectorPrivate companies drive much of AI innovation.•	Corporate AI Governance: Encourage ethical practices in businesses.•	Public-Private Challenges: Host competitions to solve public problems with private expertise.•	Industry Solutions: Co-develop AI applications for finance, healthcare, and logistics. 20. Compete on Speed and InnovationAgility and adaptability are key to outpacing competitors.•	Rapid Iteration: Foster a culture of experimentation and deployment.•	First-Mover Advantage: Enter emerging sectors early to establish leadership.•	Continuous Innovation: Embrace a mindset of constant improvement. Nations that prioritize these 20 pillars - talent, infrastructure, ethics, collaboration, and societal impact—will lead the AI revolution and shape the future of humanity. Success demands not only technological innovation but also inclusivity, agility, and trust. --Join the Future of Venture Capital Investing with NewnexNewnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io/" rel="noopener noreferrer" target="_blank">www.newnex.io</a>&nbsp; We are digitalizing institutional investing to make VC as accessible as public markets while retaining the uniqueness of private markets. The mission is to unify 5,000+ VC/LP firms with 100,000 startups on a trusted platform for reference-only private deal-making. Disclaimer: The information presented in this article is based on available sources and may not be entirely accurate or up-to-date. We do not guarantee the accuracy of the content, and readers should conduct their own research and consult with financial professionals before making any decisions.

The Blueprint for AI Leadership: Strategies for Competing in the Global AI Race

Mubadala Capital, a UAE-based investment firm, has participated in a $200 million funding round for Tenvie Therapeutics, a San Francisco-based biotechnology company. The investment, which also includes contributions from ARCH Venture Partners and F-Prime Capital, aims to accelerate Tenvie's growth into a multi-clinical asset company. Tenvie Therapeutics, launched on January 8, 2025, focuses on advancing treatments for neurological, cardiometabolic, and ophthalmic diseases. The company's mission is to fundamentally change the treatment paradigm for neurological conditions and significantly impact patients' lives. 1. Funding: $200 million raised from Mubadala Capital, ARCH Venture Partners, F-Prime Capital, and other investors. 2. Company focus: Developing innovative treatments for neurological, cardiometabolic, and ophthalmic diseases. 3. Expert team: Tenvie has assembled specialists in neurology, CNS development, small molecule chemistry, and translational medicine. 4. Board addition: Alaa Halawa from Mubadala Capital joins Tenvie's Board of Directors. 5. Industry perspective: Stacie Weninger of F-Prime Capital expressed confidence in Tenvie's potential to lead the next generation of neurology treatments. --Join the Future of Venture Capital Investing with NewnexNewnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io/" rel="noopener noreferrer" target="_blank">www.newnex.io</a>&nbsp; We are digitalizing institutional investing to make VC as accessible as public markets while retaining the uniqueness of private markets. The mission is to unify 5,000+ VC/LP firms with 100,000 startups on a trusted platform for reference-only private deal-making. Disclaimer: The information presented in this article is based on available sources and may not be entirely accurate or up-to-date. We do not guarantee the accuracy of the content, and readers should conduct their own research and consult with financial professionals before making any decisions.

Mubadala Capital Joins $200M Investment in Tenvie Therapeutics

Defiant Capital, B2B SaaS and Fintech focused VC secures $30million

<blockquote>Innovaccer, a healthcare data platform company, has raised $275 million in a Series F funding round to expand its AI capabilities in healthcare. Here are the key details:</blockquote> Funding and Valuation:- $275 million raised in Series F round- Led by B Capital Group, with participation from Banner Health, Danaher Ventures, Generation IM, Kaiser Permanente, and M12- Post-money valuation of approximately $3.45 billion for the primary funding component- Total capital raised to date is now over $675 million - Founded in 2014, initially focused on unifying data for enterprises- Shifted focus exclusively to healthcare in 2017- Currently serves 6 of the top 10 U.S. healthcare systems as customers- On track to hit $250 million in annual recurring revenue in 2025 Use of Funds:- Expand collaboration with existing customers- Introduce new AI and cloud capabilities&nbsp;- Scale developer ecosystem on the platform- Develop AI co-pilots and agents for medical scribing, prior authorizations, and claims processing Growth and Strategy:- Revenue has increased by 50% annually for the past five years- Plans to introduce multiple AI co-pilots and agents for healthcare tasks- Aims to become a "one-stop shop for healthcare AI solutions"- Considering IPO once reaching $400-500 million in annual recurring revenue Innovaccer's focus on unifying healthcare data and leveraging AI for improved efficiency and patient outcomes has resonated with investors and customers in the rapidly growing healthcare AI market.--Join the Future of Venture Capital Investing with NewnexNewnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io" rel="noopener noreferrer" target="_blank">www.newnex.io</a>&nbsp; We are digitalizing institutional investing to make VC as accessible as public markets while retaining the uniqueness of private markets. The mission is to unify 5,000+ VC/LP firms with 100,000 startups on a trusted platform for reference-only private deal-making. Disclaimer: The information presented in this article is based on available sources and may not be entirely accurate or up-to-date. We do not guarantee the accuracy of the content, and readers should conduct their own research and consult with financial professionals before making any decisions.

Innovaccer, a healthcare data platform company, raised $275 million in a Series F funding 

<blockquote>Vensana Capital, a Minneapolis-based venture capital firm specializing in medtech investments, has successfully closed its third fund, raising $425 million. This latest fundraising effort brings Vensana's total capital under management to approximately $1 billion.</blockquote> 1. Oversubscribed at its hard cap, indicating strong investor interest2. Focuses on medtech companies at both developmental and commercial stages3. Typically invests $30 million to $35 million per company4. Aims to support startups creating new clinical standards of care and improving healthcare efficiency, accessibility, and cost-effectiveness Vensana's investment strategy has proven successful, as evidenced by:- The acquisition of portfolio company Relievant Medsystems by Boston Scientific for $850 million in 2023- 20% of their investments historically being in Twin Cities-based companies- Supporting companies like CVRx, which has gone public and commercialized an implant for heart failure patients Kirk Nielsen, co-founder and Managing Partner, attributes the efficient fundraising process to investor support and satisfaction with the firm's strategy. He also notes that access to capital remains a challenge for many startups in 2025, highlighting the continued importance of venture capital in the medtech sector.----Join the Future of Venture Capital Investing with NewnexNewnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io/" rel="noopener noreferrer" target="_blank">www.newnex.io</a>&nbsp; We are digitalizing institutional investing to make VC as accessible as public markets while retaining the uniqueness of private markets. The mission is to unify 5,000+ VC/LP firms with 100,000 startups on a trusted platform for reference-only private deal-making.---Disclaimer: The information presented in this article is based on available sources and may not be entirely accurate or up-to-date. We do not guarantee the accuracy of the content, and readers should conduct their own research and consult with financial professionals before making any decisions.

Vensana Capital raised $425 million third fund

<blockquote>The recent $600 million loss suffered by BlackRock on its investment in Alacrity Solutions highlights the potential risks and complexities of the private credit market. This case study offers valuable insights into the mechanics of private credit investments and the challenges faced by even the most sophisticated investors.</blockquote> In February 2023, BlackRock acquired a controlling stake in Alacrity Solutions, an insurance outsourcing company, for approximately $600 million through its Long Term Private Capital strategy. This investment was part of BlackRock's broader push into alternative assets and private markets. Less than a year after the acquisition, Alacrity faced significant financial difficulties. The company struggled with its debt load and experienced a rapid decline in its business performance. This swift deterioration caught many by surprise, given the relatively short timeframe since BlackRock's investment. As Alacrity's financial situation worsened, a group of private credit funds, including Antares Capital, Blue Owl Capital, KKR, and Goldman Sachs Asset Management, stepped in to take control of the company. This restructuring effectively wiped out BlackRock's entire equity investment, resulting in a loss exceeding $600 million. Several factors contributed to this significant loss: 1. Leverage: Alacrity had substantial debt, including approximately $1 billion in senior debt and $500 million in junior debt at the time of BlackRock's investment. This high leverage amplified the company's financial risks. 2. Valuation Challenges: Private credit investments often face valuation difficulties due to their illiquid nature and lack of public market comparables. This can lead to potential mispricing of risks. 3. Covenant Structure: While private credit deals typically include protective covenants, the specifics of Alacrity's debt agreements and how they were structured remain unclear. 4. Market Conditions: Rising interest rates and economic uncertainties may have exacerbated Alacrity's financial challenges, particularly given the floating-rate nature of many private credit loans. This case underscores several key aspects of the private credit market: 1. Risk-Return Trade-off: Private credit often offers higher yields but comes with increased risks, including potential total loss of capital. 2. Illiquidity: The lack of a secondary market for private credit investments can make it difficult to exit positions or accurately value holdings. 3. Importance of Due Diligence: Thorough credit analysis and ongoing monitoring are crucial in private credit investments. 4. Regulatory Concerns: The rapid growth of private credit has raised concerns among regulators about potential systemic risks and the need for increased oversight. BlackRock's loss serves as a reminder of the complexities and risks inherent in private credit investments. While the asset class continues to attract significant capital, this case demonstrates the importance of robust risk management, diversification, and a deep understanding of the underlying businesses and market dynamics in private credit investing.---Join the Future of Venture Capital Investing with Newnex Newnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at [<a href="http://www.newnex.io" rel="noopener noreferrer" target="_blank">www.newnex.io</a>](<a href="http://www.newnex.io/)" rel="noopener noreferrer" target="_blank">http://www.newnex.io/)</a> Newnex is digitalizing institutional investing to make VC as accessible as public markets while retaining the uniqueness of private markets. The mission is to unify 5,000+ VC/LP firms with 100,000 startups on a trusted platform for reference-only private deal-making.---Disclaimer: The information presented in this article is based on available sources and may not be entirely accurate or up-to-date. We do not guarantee the accuracy of the content, and readers should conduct their own research and consult with financial professionals before making any investment and other decisions.

BlackRock's $600 Million Private Credit Loss: A Cautionary Tale

<blockquote>Tacora Capital, an Austin-based venture debt firm, has successfully raised $268.7 million for its second fund, according to a recent SEC filing. This new fund builds on the success of Tacora's inaugural fund, which raised approximately $350 million in 2022.</blockquote> - The new fund has secured commitments from 28 investors- Tacora's first fund in 2022 included a $250 million investment from Peter Thiel- It's unclear if Thiel is participating in this latest fund Tacora Capital, founded in 2021 by Keri Findley, specializes in providing venture debt to VC-backed startups. The firm focuses on capital-intensive sectors like fintech and hardware companies, offering an alternative to traditional equity financing. Findley, who previously worked at Third Point hedge fund, stated that the new fund reflects successful deployment of the inaugural fund and continued demand for flexible, non-leveraged financing solutions. Tacora's approach involves backing loans against "specific, strong assets owned by well-positioned companies" to mitigate risks associated with startup lending. The firm has provided venture debt to companies including FlexPoint, Exectras, and StayTuned. This fundraising success comes amid a busy period for Peter Thiel's investment activities. His Founders Fund is reportedly in talks to raise around $3 billion for a new growth-stage focused fund, following high-profile investments in companies like Ramp, Anduril Industries, and Databricks in 2024.---Join the Future of Venture Capital Investing with Newnex Newnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io/" rel="noopener noreferrer" target="_blank">www.newnex.io</a> We are digitalizing institutional investing to make VC as accessible as public markets while retaining the uniqueness of private markets. We are on a mission to bring 5,000+ VC/LP firms with 100,000 startups on a trusted, reference-only private deal-making platform.

Tacora Capital Raises $268.7 Million for Second Fund

<blockquote>In a move that's set to reshape the digital pay-TV landscape, Disney and Fubo have announced a groundbreaking merger of their TV streaming services. This strategic alliance will combine Disney's Hulu + Live TV with FuboTV, creating a streaming giant with 6.2 million subscribers and positioning it as the second-largest digital pay-TV provider in North America, just behind YouTube TV's 8 million subscribers.</blockquote> Deal Structure and ManagementUnder the terms of the agreement, Disney will acquire a 70% stake in the combined entity, which will continue to operate under the Fubo publicly traded company name. The current Fubo management team, led by Co-founder and CEO David Gandler, will oversee the operations of the merged business. Both Fubo and Hulu + Live TV will remain available as separate streaming services, offering consumers a choice of platforms. Financial AspectsThe deal includes significant financial commitments from major media players: - Disney, Fox, and Warner Bros. Discovery will make a $220 million aggregate cash payment to Fubo.- Disney will provide Fubo with a $145 million term loan in 2026.- A potential $130 million termination fee is payable to Fubo if the deal fails under certain circumstances. These financial terms highlight the substantial investment and faith major media companies are placing in this streaming consolidation effort. Strategic Impact and New OfferingsThis merger not only consolidates the streaming market but also resolves ongoing litigation between Fubo and Disney regarding the Venu sports streaming service. As part of the agreement, Fubo will create a new Sports &amp; Broadcasting service featuring Disney's networks, including ABC, ESPN, ESPN2, ESPNU, SEC Network, ACC Network, and ESPNEWS. This move is expected to significantly enhance the combined entity's sports content offerings, potentially attracting more subscribers interested in live sports programming. Market ReactionThe announcement of the Disney-Fubo merger sent ripples through the streaming industry, with Fubo's stock price surging nearly 200% in pre-market trading. This dramatic increase reflects investor optimism about the deal's potential to create a formidable player in the digital pay-TV market. However, the merger's completion is subject to several conditions, including regulatory approvals, Fubo shareholder approval, and other customary closing requirements. The market's enthusiastic response underscores the significance of this consolidation in the highly competitive streaming landscape, as investors anticipate the combined entity's enhanced ability to compete with industry giants. As the streaming wars continue to evolve, this merger between Disney and Fubo marks a significant milestone in the industry's consolidation. It remains to be seen how this new powerhouse will reshape the competitive landscape and what innovations it will bring to consumers in the ever-changing world of digital entertainment. --Join the Future of Venture Capital Investing with Newnex Newnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io/" rel="noopener noreferrer" target="_blank">www.newnex.io</a> We are digitalizing institutional investing to make VC as accessible as public markets while retaining the uniqueness of private markets. We are on a mission to bring 5,000+ VC/LP firms with 100,000 startups on a trusted, reference-only private deal-making platform.

Disney and Fubo Join Forces in Streaming Powerplay

Finn Mallery, the founder of <a href="https://www.origamiagents.com/" rel="noopener noreferrer" target="_blank">Origami Agents</a>, delivers a must-read post packed with actionable insights for startups looking to supercharge their growth. If you're aiming to build meaningful Monthly Recurring Revenue (MRR) and scale effectively, this practical guide will arm you with the tools to get there. From nailing your product-market fit to streamlining your onboarding process, Finn breaks it down into clear, actionable steps that any startup—no matter the stage—can implement today. Don’t just dream about scaling; take charge with these proven strategies. Have a read, take notes, and start executing to see your MRR grow. Your future self will thank you! STEP 1: Creating a customer profileSTEP 2: Build your listSTEP 3: Writing a killer emailSTEP 4: The callSTEP 5: How to closeSTEP 6: AfterFinal Thought ---Now that we’re done with YC, we're going to be revealing all of the growth hacks we used: Here’s a full guide (step by step) for how we used a single channel to go from 0 -&gt; $10k MRR in our first 30 days.We spent less than $100 and didn’t have any paid ads, SEO, waitlist, or content marketing. The only channel we used was cold email. We sent 50-75 highly targeted cold emails a day, and this was more than enough.Cold email is the most underrated channel because it's hard to get right, but if you figure it out you can build and sell ANY B2B product. Here's what we did from start to finish: STEP 1: Creating a customer profile First, you need to figure out who you're selling to. If you do this right, you can mess everything else up and still succeed.To do this, we started by creating an ideal customer profile. It's okay if this is completely wrong, most startups have changing targets.It just needs to be good enough to eventually iterate to get to the people with the biggest pain point in the next weeks.For us, we wrote out this exact profile, first at the company level. Then, person level. This is where the magic happens. The more specific you can be about your dream customer (even if wrong initially) the better. Here is who we wanted to target on day 1:Company Size:-5-10 employees(has a sales budget + process, small enough to try our MVP) Industry:-B2B software Type:-US based-sales-led motion (no public product),&nbsp;-selling large contracts ($100k+ ACV),&nbsp;-sales driven by cold outbound-recently founded and high growth Persona:-Founder The goal here is to create such a perfect customer, that if they heard about your solution they would have no choice but to say "tell me more".Think about everything that would need to be true about the problems the company faces for your product to be the magic fix.For us, we build AI agents that do sales research. So the best customers for us are those that spend a LOT of time doing research for their outbound sales.So we'd email them saying "we can give you AI agents that will do all this research for you better than humans"Even if they don’t trust us yet, the 1% chance we're legit is enough for them to hop on a call to hear more. STEP 2: BUILD YOUR LIST After you create this customer profile, get on LinkedIn and find the companies that meet this criteria.Create as long a list of the key people at each of these companies as you can. Ideally you can find 30-50 to get started.After this, you can use an email finder like Apollo or anymailfinder to get their email address. STEP 3: WRITING A KILLER EMAIL Now, comes the fun part. You need to convince the person you're emailing that you're worth talking to.If this person is senior enough to make a purchasing decision, they are already receiving literally 100+ cold emails from people like you every day. And they probably ignore 99.9% of them.So how can you stand out from all these people? I used to run a cold email agency and we'd send 50k+ emails/month to book b2b sales calls via cold email.Here are the basic principles of cold email writing that I always use1. Keep it 5-8 sentences. 70%+ of emails are read on mobile, so make sure they can get most of it from that screen view.2. Never write more than 2 sentences without breaking up the lines. People skim, and that’s the best way to keep their attention3. DO NOT talk about your product’s features. Founders talk too much about what they’re building, and not enough about how it can help the customer. Like I said before, you’re the 500th email in their inbox that day and they do not care. If you must, at most a reference to “we do X”4. Instead, talk about the person, their company, and their pain points. People care about themselves and their own problems. Your product solves a problem, talk about that problem and twist the knife in it to get them interested.5. Call to action: If your cold email is working well, you can go straight for the ‘let’s hop on a call’ in the first email. If you’re struggling to get replies though, it’s much easier to get people to answer by having a less strong CTA.&nbsp; For example “Can I send you my thoughts on how you can solve this problem” or “cool if I send a personalized loom on how you could do X?” or “got an awesome outbound growth strategy, lmk if that would be of interest” Above all, the most important thing I learned is BE DIRECT. There are many ways to 'trick someone' into getting on a call with you. This is a waste of both your time, you only want people that may actually buy your product.When we applied these principles, we got up to a 4.7% response rate, which is considered great in cold email.That still means 19 of 20 of our custom, well tested emails directly to our ICP were never responded to.So don't be discouraged, even if you do this perfectly you may need to send 50/day for a few days before you see a single reply. STEP 4: THE CALL Okay, you've convinced a decision maker to agree to get on a call with you, now what? I've taken 493 sales calls since we launched Origami Agents 3 months ago. Here's what I've learned:The 2 biggest goals for this call are1. Figuring out the customer’s problems2. Getting the customer excited about your solutionUnless you already have PMF, it doesn't matter if you have a full built product/demo. You still need to spend 90%+ of your time figuring out what the customer actually needs.You have literally 0 idea what problems are top of mind for this person, even if you think you do.So, you can open the call up by briefly talking about your solution. But transition the conversation to asking them questions.Your biggest goal is to HELP the customer, so you need to figure out what part of your solution caught their attention.The good news is that they already took time out their busy day to hop on a call with a random person, so there is a good chance they already want some version of your product.Your job is to figure out what version that is, and how your product can be most helpful to them.Once you've gathered enough information through targeted questions, walk them through exactly how your product solves their problems and what outcomes they’ll get by using it.You can use a demo here, but you don't need one. We typically only do a demo on the second call after we know exactly how we can make it amazing for the customer. STEP 5: HOW TO CLOSE At the end of the call ask them: “if we could deliver [solution to your problem], would you be willing to pay X for it?”If they respond positively, schedule a follow up call. Tell them you'll show them a full demo of how you can help them. If you already showed a demo on this call, then you can ask directly what else they need to see to be confident in the sale.Once you've addressed their remaining questions and concerns, you're ready to close the deal. At this point, many customers will naturally move toward a decision, especially if you've effectively demonstrated your value throughout the process.In the early stages, you can even offer a full refund if they aren’t satisfied to give them maximum confidence and get your first few deals over the line. STEP 6: AFTER Congrats! You've closed your first customer. The next 10 will be much easier.You've sent hundreds of emails and narrowed down on the person you were able to help most. Now, you can iterate on who you target, your email messaging, and sales pitch to cater to this demographic.You should keep adjusting this with every positive email response, call, and sale. This is your iteration loop to keep getting better.And, more importantly: You cracked cold email. There's a reason we don't use other cold outbound channels. If you can figure out cold email you win.It costs $0, you can now get your message read by literally whoever you want in the world, whenever you want, and you have unlimited scale.Even though we now get many inbound sales calls, I personally still send 10-20 personalized cold emails a day to senior RevOps at larger companies, and it's 100% paid off. FINAL THOUGHTS This was the exact approach we used at Origami Agents to get our first $10k MRR, and the highest converting outbound approach I’ve seen when I ran my agency.I posted the stats in a prev tweet, but in our first 40 days we sent 3119 emails (~77 per day) and got a 5.3% response rate, resulting in demos with 64 founders at companies within our ICP. This resulted in ~$22k new MRR by the time our sales for all of these calls had closed. The best part is that once you nail this process, you can automate it. We've got our agents running this 24/7, which frees us up to explore new channels and focus on scaling. If you can crack cold email, everything else in your startup becomes 10x easier. We’re now at $50k+ MRR 3 months in, and everything we’ve done was built off this initial process. If you made it this far, I'm going to keep posting about the best growth hacks we've used to scale with detailed breakdowns of exactly how we execute them.---This post was originally published by Finn Mallery on X<a href="https://x.com/fin465/status/1876038438698520743" rel="noopener noreferrer" target="_blank">https://x.com/fin465/status/1876038438698520743</a> Check out Origami agents: <a href="https://www.origamiagents.com" rel="noopener noreferrer" target="_blank">https://www.origamiagents.com/</a>-----Join the Future of Venture Capital Investing with Newnex Newnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io/" rel="noopener noreferrer" target="_blank">www.newnex.io</a> Our vision: Digitalize institutional investing to make VC as accessible as public markets. We're democratizing access to institutional VCs with a mission to bring together 5,000+ VC/LP firms with 100,000 startups on a trusted, reference-only platform for seamless private deal-making.

Growth Hacks from a YC Founder hitting $10k MRR in 30 days

Starting and scaling a consumer-focused startup requires a deep understanding of user behavior, retention, and monetization strategies. Whether you're running a freemium model, leveraging newsletters, or optimizing ad spending, tracking the right metrics is essential. In this guide, we’ll explore the most important metrics, best practices, and actionable insights to help your startup grow. Top Metrics Every Consumer-Focused Startup Should Track1. User Acquisition Metrics<ul><li>Customer Acquisition Cost (CAC): Measures how much it costs to acquire a new customer. Lower CAC means more efficient marketing.</li><li>Organic vs Paid Growth: Tracks the percentage of users coming through unpaid channels (SEO, referrals) versus paid channels (ads). Strong organic growth is a sign of product-market fit.</li><li>Virality Coefficient: Shows how many new users are brought in by existing users. A viral coefficient above 1 indicates exponential growth potential.</li></ul> 2. User Engagement and Retention Metrics<ul><li>Monthly Active Users (MAU) / Daily Active Users (DAU): These metrics show how frequently users engage with your product.</li><li>Retention Rates: Tracks how many users come back after their first interaction (e.g., Day-1, Day-7, and Day-30 retention rates).</li><li>Churn Rate: Percentage of users leaving your platform. Lower churn equals better long-term growth.</li></ul> 3. Revenue and Monetization Metrics<ul><li>Lifetime Value (LTV): Total revenue generated by a user over their lifecycle. A higher LTV indicates strong customer value.</li><li>LTV:CAC Ratio: Ideally, your LTV should be at least 3x your CAC to ensure profitability.</li><li>Average Revenue Per User (ARPU): Tracks the average revenue generated per user, helping you understand monetization efficiency.</li></ul> Freemium Model Metrics for SuccessIf your startup uses a freemium model, here are the metrics that matter: <ul><li>Free-to-Premium Conversion Rate</li><li class="ql-indent-1">Percentage of free users upgrading to premium plans.</li><li class="ql-indent-1">Benchmark: 2-5% is typical; higher rates indicate a strong value proposition.</li><li>Premium User Churn Rate</li><li class="ql-indent-1">Tracks the percentage of paying users who cancel their subscription.</li><li class="ql-indent-1">Benchmark: Monthly churn should be below 5%.</li><li>Activation Rate</li><li class="ql-indent-1">Measures the percentage of users who complete key onboarding steps or use core features. Higher activation rates lead to better conversions.</li><li>Upsell Revenue</li><li class="ql-indent-1">Revenue from free users upgrading or purchasing premium add-ons. This reflects your ability to monetize effectively.</li></ul> Newsletter Metrics for Consumer StartupsNewsletters are a powerful tool for engaging users and driving conversions. Track these metrics for success:<ul><li>Open Rate</li><li class="ql-indent-1">Percentage of recipients who open your email.</li><li class="ql-indent-1">Benchmark: 20-30% for most industries; exceptional newsletters achieve 40%+.</li><li>Click-Through Rate (CTR)</li><li class="ql-indent-1">Percentage of recipients clicking on links in the newsletter.</li><li class="ql-indent-1">Benchmark: 2-5%, with higher rates signaling strong engagement.</li><li>Unsubscribe Rate</li><li class="ql-indent-1">Percentage of recipients opting out after an email.</li><li class="ql-indent-1">Benchmark: Keep this below 0.5% to maintain list health.</li><li>Conversion Rate</li><li class="ql-indent-1">Measures how many recipients complete a desired action, like upgrading to premium or making a purchase.</li><li class="ql-indent-1">Benchmark: 1-3%, depending on your goals.</li></ul> Ad Spending and Growth MetricsEfficient ad spending is crucial for scaling consumer-focused startups. Focus on these metrics:<ul><li>Return on Ad Spend (ROAS)</li><li class="ql-indent-1">Formula: Revenue generated from ads ÷ Total ad spend.</li><li class="ql-indent-1">Benchmark: ROAS &gt; 3-4x ensures profitability.</li><li>Payback Period</li><li class="ql-indent-1">Tracks how long it takes to recover CAC from customer revenue.</li><li class="ql-indent-1">Benchmark: A payback period under 12 months is ideal for fast-growing startups.</li><li>CAC by Tier</li><li class="ql-indent-1">Differentiate CAC for free and premium users to better allocate ad budgets.</li><li class="ql-indent-1">Premium CAC is typically higher but delivers a greater ROI over time.</li></ul> Best Practices for Scaling Consumer Startups<ul><li>Prioritize Retention Over Acquisition</li><li class="ql-indent-1">Acquiring new users is costly; focus on keeping existing users engaged to reduce churn.</li><li>Optimize Your Freemium Model</li><li class="ql-indent-1">Showcase premium features in the free version to encourage upgrades without overwhelming free users.</li><li>Leverage Newsletters Effectively</li><li class="ql-indent-1">Personalize content, test subject lines, and optimize send times to improve open rates and CTR.</li><li>Build Organic Growth Channels</li><li class="ql-indent-1">Invest in SEO, referral programs, and community-building to reduce reliance on paid ads.</li><li>Experiment with Pricing</li><li class="ql-indent-1">Test different tiers, free trial lengths, and offers to find what resonates with users.</li><li>A/B Test Continuously</li><li class="ql-indent-1">Test everything from features to marketing campaigns to refine what works best.</li><li>Focus on Scalability</li><li class="ql-indent-1">Build infrastructure and processes that can handle rapid growth without proportional cost increases.</li></ul> Case Study: Metrics in ActionLet's have a look at an example: Freemium Fitness App<ul><li>Free-to-Premium Conversion Rate: 3% of users upgrade.</li><li>CAC (Free Users): $5 via ads.</li><li>CAC (Premium Users): $50 via ads and referrals.</li><li>LTV (Premium Users): $200 over two years, yielding a healthy LTV:CAC ratio of 4:1.</li><li>Newsletter Open Rate: 35%, with an 8% CTR and 2% conversion rate.</li></ul>Insights:<ol><li>Improving free-to-premium conversions by 1% would significantly boost revenue.</li><li>High newsletter open and click rates indicate strong user interest, making it a reliable channel for upselling.</li><li>Efficient ad spending and a clear focus on premium users ensure profitability.</li></ol> Scaling a consumer-focused startup requires a data-driven approach and a clear understanding of key metrics. From tracking CAC and LTV to leveraging newsletters and optimizing freemium models, every decision should be backed by insights. By focusing on retention, monetization, and efficient growth strategies, you can build a scalable and sustainable business. --Join the Future of Venture Capital Investing with Newnex Newnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at <a href="http://www.newnex.io" rel="noopener noreferrer" target="_blank">www.newnex.io</a> Our vision: Digitalize institutional investing to make VC as accessible as public markets. We're democratizing access to institutional VCs with a mission to bring together 5,000+ VC/LP firms with 100,000 startups on a trusted, reference-only platform for seamless private deal-making.

B2C Startups: Metrics and Best Practice for Scaling Consumer-Focused Startups

As we approach the end of 2024, here is a comprehensive summary of venture capital funds announced this year. The list highlights their fund sizes, strategic focuses, and emphasizes their geographical focus on the EU and UK. These funds span a diverse range of industries, including fintech, enterprise software, climate tech, healthcare, and deep tech, collectively representing approximately $6.4 billion USD in capital. Over $1 Billion Index Ventures&nbsp;&nbsp;- Fund Size: $2.3 billion (€2.1 billion)&nbsp;&nbsp;- Strategy: Invests in transformative international businesses across Europe, the US, and Israel, focusing on technology-driven companies.&nbsp;&nbsp;- Website: <a href="https://www.indexventures.com" rel="noopener noreferrer" target="_blank">https://www.indexventures.com/</a>&nbsp;&nbsp; - Atomico - Fund VI&nbsp;&nbsp;&nbsp;Fund Size: $1.24 billion&nbsp;&nbsp;&nbsp;Strategy: Investing in tech startups shaping the future of industries&nbsp;&nbsp;&nbsp;Website: <a href="https://atomico.com" rel="noopener noreferrer" target="_blank">https://atomico.com</a>&nbsp;&nbsp; - Evolution Equity Partners Fund&nbsp;&nbsp;&nbsp;Fund Size: $1.1 billion&nbsp;&nbsp;&nbsp;Strategy: Focus on cybersecurity startups in the UK and Europe&nbsp;&nbsp;&nbsp;Website: <a href="https://evolutionequity.com" rel="noopener noreferrer" target="_blank">https://evolutionequity.com</a>&nbsp;&nbsp; $500 Million - $1 Billion - Headline Growth Fund&nbsp;&nbsp;&nbsp;Fund Size: $865 million&nbsp;&nbsp;&nbsp;Strategy: Investments in growth-stage tech companies worldwide&nbsp;&nbsp;&nbsp;Website: <a href="https://headline.com" rel="noopener noreferrer" target="_blank">https://headline.com</a>&nbsp;&nbsp; - 20VC Fund&nbsp;&nbsp;&nbsp;Fund Size: $400 million&nbsp;&nbsp;&nbsp;Strategy: Early-stage investments in disruptive startups&nbsp;&nbsp;&nbsp;Website: <a href="https://20vc.com" rel="noopener noreferrer" target="_blank">https://20vc.com</a>&nbsp;&nbsp; - Creandum Fund VI&nbsp;&nbsp;&nbsp;Fund Size: €500 million&nbsp;&nbsp;&nbsp;Strategy: Early-stage investments in European tech startups&nbsp;&nbsp;&nbsp;Website: <a href="https://creandum.com" rel="noopener noreferrer" target="_blank">https://creandum.com</a>&nbsp;&nbsp; - OIC Growth Fund I&nbsp;&nbsp;&nbsp;Fund Size: $370 million&nbsp;&nbsp;&nbsp;Strategy: Supporting growth-stage startups across sectors&nbsp;&nbsp;&nbsp;Website: <a href="https://oic.com" rel="noopener noreferrer" target="_blank">https://oic.com/</a> $100 Million - $500 Million﻿- Speedinvest Flagship Fund IV&nbsp;&nbsp;&nbsp;Fund Size: €350 million&nbsp;&nbsp;&nbsp;Strategy: Investments in early-stage European startups&nbsp;&nbsp;&nbsp;Website: <a href="https://www.speedinvest.com" rel="noopener noreferrer" target="_blank">https://www.speedinvest.com</a>&nbsp;&nbsp; - Norrsken - Impact Fund II&nbsp;&nbsp;&nbsp;Fund Size: €320 million&nbsp;&nbsp;&nbsp;Strategy: Supporting impact-driven companies with solutions for global challenges&nbsp;&nbsp;&nbsp;Website: <a href="https://norrsken.org" rel="noopener noreferrer" target="_blank">https://norrsken.org</a>&nbsp;&nbsp; - Imec xpand Fund Size: €300 millionStrategy: Investing in early-stage deep tech and healthcare startups with a global focuWebsite: <a href="https://imecxpand.com/en" rel="noopener noreferrer" target="_blank">https://imecxpand.com/</a> - Seaya Climate Tech Fund&nbsp;&nbsp;&nbsp;Fund Size: €300 million&nbsp;&nbsp;&nbsp;Strategy: Investments in climate tech startups addressing environmental challenges&nbsp;&nbsp;&nbsp;Website: <a href="https://seaya.vc" rel="noopener noreferrer" target="_blank">https://seaya.vc/</a>&nbsp; - World FundFund Size: €300 millionStrategy: Investments in startups addressing climate change, focusing on energy, transport, food and agriculture, manufacturing, and buildings.Website: <a href="https://worldfund.vc" rel="noopener noreferrer" target="_blank">https://worldfund.vc</a> - Clean Energy Ventures Fund&nbsp;&nbsp;&nbsp;Fund Size: €281 million&nbsp;&nbsp;&nbsp;Strategy: Investments in clean energy and climate-focused startups&nbsp;&nbsp;&nbsp;Website: <a href="https://www.cleanenergyventures.com" rel="noopener noreferrer" target="_blank">https://www.cleanenergyventures.com</a>&nbsp;&nbsp;&nbsp; - Kennet Partners&nbsp;&nbsp;&nbsp;Fund Size: €266 million&nbsp;&nbsp;&nbsp;Strategy: Growth investments in tech-enabled companies&nbsp;&nbsp;&nbsp;Website: <a href="https://kennet.com" rel="noopener noreferrer" target="_blank">https://kennet.com</a>&nbsp;&nbsp; - Vsquared Ventures Fund&nbsp;&nbsp;&nbsp;Fund Size: €214 million&nbsp;&nbsp;&nbsp;Strategy: Specializes in early-stage investments in deep tech sectors&nbsp;&nbsp;&nbsp;Website: <a href="https://www.vsquared.vc" rel="noopener noreferrer" target="_blank">https://www.vsquared.vc</a>&nbsp;&nbsp; - Extantia Capital Fund&nbsp;&nbsp;&nbsp;Fund Size: €204 million&nbsp;&nbsp;&nbsp;Strategy: Climate tech investments to accelerate green innovation&nbsp;&nbsp;&nbsp;Website: <a href="https://www.extantia.com" rel="noopener noreferrer" target="_blank">https://www.extantia.com</a>&nbsp;&nbsp; - Frontline Seed and Frontline GrowthFund Size: €200 millionStrategy: Investing in seed to series-B B2B software companiesWebsite: <a href="https://frontline.vc" rel="noopener noreferrer" target="_blank">https://frontline.vc/</a> - Scientifica Venture Capital FundFund Size: €200 millionStrategy: Investing in deep tech (advanced manufacturing and materials, AI, Quantum)Website: <a href="https://scientifica.vc" rel="noopener noreferrer" target="_blank">https://scientifica.vc/</a> - Redalpine Fund VII&nbsp;&nbsp;&nbsp;Fund Size: €200 million&nbsp;&nbsp;&nbsp;Strategy: Investments in disruptive tech and life sciences startups&nbsp;&nbsp;&nbsp;Website: <a href="https://www.redalpine.com" rel="noopener noreferrer" target="_blank">https://www.redalpine.com</a>&nbsp;&nbsp; - Nextalia Ventures&nbsp;&nbsp;- Fund Size: €150 million&nbsp;&nbsp;- Strategy: Focuses on technology startups and scale-ups in Italy, Europe, and the United States, particularly in sectors like Fintech, Insurtech, Edtech, Agritech, and Healthtech.&nbsp;&nbsp;- Website: <a href="https://nextaliasgr.com/en" rel="noopener noreferrer" target="_blank">https://nextaliasgr.com/en/</a> - 13books Capital&nbsp;&nbsp;- Fund Size: £121 million (€144 million)&nbsp;&nbsp;- Strategy: Partners with Europe's top fintech founders, focusing on late Seed and Series A investments in the financial technology sector.&nbsp;&nbsp;- Website: <a href="https://13bookscapital.com" rel="noopener noreferrer" target="_blank">https://13bookscapital.com/</a> - WorxInvest&nbsp;&nbsp;- Fund Size: Over €100 million (WorxInvest Horizon I)&nbsp;&nbsp;- Strategy: A fund of funds focusing on buyouts and growth capital for small and medium-sized companies in Europe and North America.&nbsp;&nbsp;- Website: <a href="https://worxinvest.be" rel="noopener noreferrer" target="_blank">https://worxinvest.be/</a>&nbsp;&nbsp; Frumtak Ventures&nbsp;&nbsp;- Fund Size: €83 million- Strategy: Invests in companies from the early stage through IPO, supporting entrepreneurs solving complex real-world challenges using advanced technologies.&nbsp;&nbsp;- Website: <a href="https://www.frumtak.is" rel="noopener noreferrer" target="_blank">https://www.frumtak.is/</a>&nbsp;&nbsp; Biovance Capital Fund I&nbsp;&nbsp;- Fund Size: €51 million (first closing)&nbsp;&nbsp;- Strategy: Focuses on early-stage biotech companies across Europe, with a special emphasis on Portugal and Southern Europe, investing in novel transformational therapies.&nbsp;&nbsp;- Website: <a href="https://biovancecapital.com" rel="noopener noreferrer" target="_blank">https://biovancecapital.com/</a>&nbsp;&nbsp; $50 Million - $100 Million - Natural Ventures Fund&nbsp;&nbsp;&nbsp;Fund Size: $100 million&nbsp;&nbsp;&nbsp;Strategy: Addresses food and water security through innovative startups&nbsp;&nbsp;&nbsp;Website: <a href="https://www.naturalventures.vc" rel="noopener noreferrer" target="_blank">https://www.naturalventures.vc</a>&nbsp;&nbsp; - Voima Ventures Fund IIIFund Size: €100+ millionStrategy: Early-stage investments deeptech companies in Nordics and BalticsWebsite: <a href="https://voimaventures.com/" rel="noopener noreferrer" target="_blank">https://voimaventures.com/</a> - Expansion Fund&nbsp;&nbsp;&nbsp;Fund Size: €100 million&nbsp;&nbsp;&nbsp;Strategy: Investing in European New Space startups to drive innovation in the space industry&nbsp;&nbsp;&nbsp;Website: <a href="https://expansion.space" rel="noopener noreferrer" target="_blank">https://expansion.space</a>&nbsp;&nbsp; - Future Energy Ventures Climate Fund&nbsp;&nbsp;&nbsp;Fund Size: €120 million&nbsp;&nbsp;&nbsp;Strategy: Invests in innovative startups addressing energy and climate challenges&nbsp;&nbsp;&nbsp;Website: <a href="https://www.future-energy-ventures.com" rel="noopener noreferrer" target="_blank">https://www.future-energy-ventures.com</a>&nbsp;&nbsp; - Lead Ventures&nbsp;&nbsp;- Fund Size: €100 million&nbsp;&nbsp;- Strategy: Invests in late Seed and Series A companies in Central and Eastern Europe, emphasizing growth investments in validated products/services.&nbsp;&nbsp;- Website: <a href="https://leadventures.eu" rel="noopener noreferrer" target="_blank">https://leadventures.eu/</a> - Smedvig Capital - European B2B Startups Fund&nbsp;&nbsp;&nbsp;Fund Size: £115 million&nbsp;&nbsp;&nbsp;Strategy: Growth-stage investments in European B2B startups&nbsp;&nbsp;&nbsp;Website: <a href="https://www.smedvigcapital.com" rel="noopener noreferrer" target="_blank">https://www.smedvigcapital.com</a>&nbsp;&nbsp; - Marktlink Capital&nbsp;&nbsp;- Fund Size: €80 million&nbsp;&nbsp;- Strategy: Provides access to private equity and venture capital funds in Europe and North America, focusing on technological trends including Artificial Intelligence (AI).&nbsp;&nbsp;- Website: <a href="https://www.marktlink.com" rel="noopener noreferrer" target="_blank">https://www.marktlink.com/</a>&nbsp;&nbsp; - Ada Ventures Fund II&nbsp;&nbsp;&nbsp;Fund Size: £63 million&nbsp;&nbsp;&nbsp;Strategy: Venture investments with a focus on diversity and inclusion&nbsp;&nbsp;&nbsp;Website: <a href="https://www.adaventures.com" rel="noopener noreferrer" target="_blank">https://www.adaventures.com</a>&nbsp;&nbsp; - Outward VC&nbsp;&nbsp;&nbsp;Fund Size: £51 million&nbsp;&nbsp;&nbsp;Strategy: Early-stage investments in fintech and enterprise software startups&nbsp;&nbsp;&nbsp;Website: <a href="https://www.outwardvc.com" rel="noopener noreferrer" target="_blank">https://www.outwardvc.com</a>&nbsp;&nbsp; &nbsp;Under $50 Million - Creas Impacto II&nbsp;&nbsp;- Fund Size: €35 million (first closing)&nbsp;&nbsp;- Strategy: Invests in startups generating positive impact in areas such as sustainability, social inclusion, and technology for the common good, aiming to reach €70 million.&nbsp;&nbsp;- Website: <a href="https://www.creas.es" rel="noopener noreferrer" target="_blank">https://www.creas.es/</a>&nbsp;&nbsp; - AIB Foresight SME Impact Fund&nbsp;&nbsp;&nbsp;Fund Size: €25 million (second close)&nbsp;&nbsp;&nbsp;Strategy: Supporting SME growth with an impact-focused approach&nbsp;&nbsp;&nbsp;Website: <a href="https://www.foresightgroup.eu" rel="noopener noreferrer" target="_blank">https://www.foresightgroup.eu</a>&nbsp;&nbsp; ZAKA VC&nbsp;&nbsp;- Fund Size: €15 million&nbsp;&nbsp;- Strategy: Targets pre-seed and seed-stage startups in Europe (Central Europe, Baltics, UK, DACH) and the US, with a focus on B2B software, AI applications, biotech, and health tech.&nbsp;&nbsp;- Website: <a href="https://zaka.vc" rel="noopener noreferrer" target="_blank">https://zaka.vc/</a>&nbsp;&nbsp; - Araya Ventures - Super Angel Fund&nbsp;&nbsp;&nbsp;Fund Size: €9.8 million&nbsp;&nbsp;&nbsp;Strategy: Investments in early-stage startups&nbsp;&nbsp;&nbsp;Website: <a href="https://www.arayaventures.com" rel="noopener noreferrer" target="_blank">https://www.arayaventures.com</a>&nbsp;&nbsp; - Syndicate One&nbsp;&nbsp;&nbsp;Fund Size: €6.5 million&nbsp;&nbsp;&nbsp;Strategy: Supporting Belgian founders at early stages&nbsp;&nbsp;&nbsp;Website: <a href="https://www.syndicate.one" rel="noopener noreferrer" target="_blank">https://www.syndicate.one/</a>&nbsp;&nbsp;--Join the Future of Venture Capital Investing with Newnex <a href="https://www.newnex.io/edit/blogs/www.newnex.io" rel="noopener noreferrer" target="_blank">Newnex</a> is the exclusive network designed for startups, venture capitalists (VCs), and limited partners (LPs) to fundraise and invest through trusted references. Our mission is to democratize access to institutional venture capital while maintaining quality. We aim to bring together 5,000+ VC and LP firms and 100,000 venture-scale startups on a trusted, reference-only platform for seamless private deal-making.

List of European Venture Capital Funds Announced in 2024  ($6.4billion)

Voima Ventures has successfully closed its Fund III, raising €100 million to support deep tech startups in the Nordic and Baltic regions. The fund focuses on science-based companies addressing global challenges in sustainability, health, and industry. With this latest fund, Voima Ventures now manages €215 million across three funds. The new fund aims to make initial investments of €1-5 million in 15-20 companies, targeting areas such as new materials, quantum technologies, fusion energy, and industrial software. Voima Ventures plans to lead or co-lead funding rounds, providing hands-on support to portfolio companies. Notable investors in Fund III include the European Investment Fund, Finnish State Pension Fund, and family offices. The fund's first investment has already been made in Flowrite, an AI writing tool. Inka Mero, Founder and Managing Partner of Voima Ventures, emphasizes the importance of science-based innovations in addressing global challenges. The firm's approach combines scientific expertise with commercial experience to help startups scale their technologies and create positive impact. Voima Ventures has a strong track record, with its portfolio companies raising over €500 million in total funding. The firm's investment strategy aligns with the growing trend of deep tech startups emerging from Nordic research institutions and universities. Read more: <a href="https://voimaventures.com/scaling-science-and-sustainability-voima-ventures-finalises-fund-iii" rel="noopener noreferrer" target="_blank" style="background-color: rgba(0, 0, 0, 0.04);">https://voimaventures.com/scaling-science-and-sustainability-voima-ventures-finalises-fund-iii/</a>Join the Future of Venture Capital Investing with Newnex <a href="https://www.newnex.io/edit/blogs/www.newnex.io" rel="noopener noreferrer" target="_blank">Newnex</a> is the exclusive network designed for startups, venture capitalists (VCs), and limited partners (LPs) to fundraise and invest through trusted references. Our mission is to democratize access to institutional venture capital while maintaining quality. We aim to bring together 5,000+ VC and LP firms and 100,000 venture-scale startups on a trusted, reference-only platform for seamless private deal-making.