Intel updates - Euro Intel

Superhuman from Europe

Euro Intel 24 May 2021

The intel for this week is about a serial entrepreneur from Germany who has invested in more than 20 early stage software startups in the past years and about a startup building a modern email client out of Europe.

 


 

Active investors

๐Ÿ‡ฌ๐Ÿ‡ง Freddie MacNamara
๐Ÿ‡ซ๐Ÿ‡ท Andreas Wiele
๐Ÿ‡ช๐Ÿ‡ธ All Iron Ventures
๐Ÿ‡ซ๐Ÿ‡ท Future Positive Capital
๐Ÿ‡ฑ๐Ÿ‡บ UL Invest
๐Ÿ‡บ๐Ÿ‡ธ Founders Fund

 

๐Ÿ‡ฎ๐Ÿ‡ฑ London and Tel Aviv-based venture capital firm 83North has received commitments totalling $550 million for its sixth fund.

๐Ÿ‡บ๐Ÿ‡ธ Forepont Capital Partners raises $130 million for its fund dedicated to French, European and American Biotech and Medtech companies

๐Ÿ‡ง๐Ÿ‡ช  Rise PropTech launched a €20 million fund venture capital fund dedicated to Late-Seed and Series A startups active in the PropTech sector

๐Ÿ‡บ๐Ÿ‡ธ Sequoia Capital hired in the London office Anas Biad from Silver Lake, where he spent the last two years, after another two years with Bain & Co. 

๐Ÿ‡บ๐Ÿ‡ธ Europe has 2 investment platforms that have reached unicorn level this year: Bitpanda and Trade Republic.

Both of them have Peter Thiel involved - via Valar Ventures in the first and via Founders Fund in the second.

๐Ÿ‡ฉ๐Ÿ‡ช Germany has a serial entrepreneur named Mirko Novakovic who founded Instana in 2015, sold to IBM at the end of 2020. You can read about this in the media.

What is unlikely to find in the media though is that in the same timespan he also has made about 20 early stage investments in software startups, mostly from Germany. You can find them listed here.

 


 

Interesting startups

๐Ÿ‡ฉ๐Ÿ‡ช Checkly
verticals: SAAS
HQ: Berlin
founded: 2018
investors: Accel, angel investors
raised: $2.3 million

Checkly, founded by CEO Tim Nolet, develops software for cross-functional DevOps teams used to monitor the status and performance of your API endpoints & vital site transactions from a single, simple dashboard.

๐Ÿ‡ฉ๐Ÿ‡ช Oviavo
verticals: healthcare, B2B
HQ: Berlin
founded: 2019
investors: angels

Oviavo, founded by CEO Jenny Saft, operates a B2B fertility benefits platform that helps employers attract & retain top talent while tackling diversity & inclusion.

The product is an online "matchmaking" platform for women between 25-40 who want to freeze their eggs.

๐Ÿ‡ฌ๐Ÿ‡ง Quix
vertical: SAAS
HQ: London
founded: 2020
investors: Passion Capital, Project A, angels
raised: $3.3 million

Quix, founded by Michael Rosam (CEO), Tomáš Neubauer, Péter Nagy, and Patrick Mira Pedrol, developed The Quix Portal, a cloud data platform for developers helping them build real-time applications using data-in-flight.

This means making it easy for any Python developer to stream data and process it with real-time machine learning models so they can build automated product experiences with the same quality and reliability as the world’s leading Machine Learning (ML) organisations without any of the hassle, time and investment needed to set-up the underlying infrastructure.

Quix just raised $3.3 million.

๐Ÿ‡ฉ๐Ÿ‡ช Tempo
vertical: SAAS
HQ: Berlin
founded: 2019
investors: Boost VC

Tempo develops a beautiful email client (iOS only for the moment) sold for a subscription of 100 euro per year.

It looks like an European alternative to Superhuman or Hey (beautiful design, focused on productivity improvement) - it just raised funding from Boost VC.

๐Ÿ‡ฌ๐Ÿ‡ง Watchkeeper
verticals: SAAS
HQ: London
founded: 2018
investors: MMC, Venrex
raised: £1.5 million

Watchkeeper, founded by CEO Hugh Farquhar and CTO Daniel Whatmuff, developed a situational awareness platform for monitoring natural disasters, violent incidents and public health emergencies.

The platform is used by businesses in order to manage critical events, it gathers information from internal and external sources, and enables them to respond quickly to rapidly changing situations. 

Their CEO did the same product internally for Citibank prior. Watchkeeper just raised £1 million

๐Ÿ‡ฉ๐Ÿ‡ช Quantum systems
vertical: transportation, manufacturing
HQ: Munich 
founded: 2015
investors: 10x, angels 

Quantum-Systems, founded by Tobias Kloss, Michael Kriegel, Armin Busse and Michael Wohlfahrt, developed a drone platform used for missions like smart farming, volume calculation in open-pit mining, surveying work for large construction sites, real-time situational awareness, tactical mapping, Search and Rescue (SAR) and automated railway inspection.

 


 

Cheat sheet reports

• Promising insurtech startups from the Nordics.
• Alternative food startups in the Nordics.
• A portfolio analysis of Q1 deals made by 15 American investors in Europe

 


 

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Euro Intel Euro Intel

Data-based intel from theย European startup ecosystem written professionally in an easy to understand format - tactical bits and industry-wide trends, curated deals, active investors and relevant early stage transactions.

Published every Monday morning and emailed to the Nordic 9 customers - investors, founders and decision makers willing to stay updated with the strategic moves from Europe.

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