inVenture, accelerator fund

inVenture, accelerator fund

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  From entrepreneurs toentrepreneurs. Mentoring for global success. January 2012
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  what is inVenture? InVenture is a mentor-driven seed accelerator backed by leading entrepreneurs specialized in early global scaling of tech startups with a focus on European and Latin-American markets l €20k Globa g Fundin rin Mento g Product-market fit accelerator of disruptive startups focused on global scaling from day 1 Partne y+ Netwo r Inv. Da n -o rks Follow Page 2
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  accelerator programs: themost efficient formula to cross the seed chasm : the pioneer accelerator Other four programs … more than 100 worldwide Founded by Paul Graham, a re-known Silicon Valley entrepreneur, in 2005 Location/ Investment Achievement Invented the successful Accelerator Model: Start /Equity 13% failure Boulder, ratio, •  Team of candidates apply to pitch their ideas Seattle, $18k for $61M Team •  Selection based on team’s capability to execute and idea Boston, NY/ selection 2006 6% funding raised •  Small seed investment (20k $ for <10% equity) 85% follow- Invest- •  Mentoring & events. On-going advisory & Office space London, €50k for on funding, ment Europe/ 2007 10% <1% appl. •  13 weeks, full dedication, teams >1 success •  Teams processed in batches, promoting co-opetion Program Developm. •  Teams pitch to potential investors at graduation day Copenhagen, 50% Madrid, €12k for Dublin/ follow-on 8% 2010 funding Latest Valuation YC equity (3) Est. Return Dropbox $ 4,000M (1) $ 80M 4000x Spain, Brazil, 2% Venezuela, AirBnB $ 1,300M (1) $ 26M 1300x Argentina, $30-70k application Heroku $ 212M (2) $ 5,3M 265x Mexico, Peru/ for 10% success 2011 ratio TOP 20 $ 4,700M (1) $ 94M 300x (1) Based on latest funding post-money valuation. (2) Based on purchase price. (3) Estimation based on 60% dilution Page 3
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  six opportunities inseed & early-stage investments to capitalize … Flattening of technology startup world, due to virtualization of Change triggered by ICT/TMT: work, product delivery and “software is eating the world” markets and “garagification” inVenture aims to lead the global Spain offers startups an early … entrepreneurial tech revolution Tech acceleration, startup path to global scaling, that will create a large wave of costs & timing, and new with a unique gate that changes in our societies development models are connects Europe to changing early-stage Latin-America investment models Málaga region has more than €700M capital available to directly invest in startups and technology, and potential to attract global talent & companies. Page 4
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  … but tenunique challenges exist for startups in europe Seed-stage is a clearly underfinanced segment (no-mans land) Lack of a strong startup community: mentoring, connections … Difficulty to gain attention in the noise of the market offers a unique platform to European startups Language, cultural and legal barriers diminish cross-border growth for early global scalability, Lack of a unified market with 100M+ consumers for early scaling in a environment Lack of global business competence at startups that allows them to overcome Business Angel financing still in its infancy most of the current Low culture of Venture Capital limitations and problems Expert early-stage knowledge seldom available in funds of the region Still no clear entrepreneurial cluster exists Page 5
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  inVenture: the globalaccelerator for european tech-startups A global mentor-driven startup camp & seed accelerator 14-week seed acceleration English-speaking program specialized in mobile, internet and software startups is born with the mission to enable Each season 15 teams are selected from applicants from all over the world. early global scaling of startups Each startup team is offered up to €20k for 10% equity focusing in European & Latam 100+ world-class mentor panel, formed by successful entrepreneurs and a healthy mix markets of investors and corporate experts, that will engage with the teams during program Free co-working space in Malaga, along with day-to-day support, services and events. … by catalysing the entrepreneurial ecosystem and For dedicated teams with a global business opportunity empowering the next generation Team of entrepreneurs with at least one tech founder: brilliant, determined, dedicated tech entrepreneurs With a disruptive business idea on the mobile/internet/software arena … scalable globally, advanced prototype, product delivery globally & digitally Page 6
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  why do wecontact you? (so what…) Join us Page 7