Tapline, a digital finance platform has announced a pre-seed funding of €31.7 million euro
Fasanara Capital, the UK-based alternative asset management company, is providing debt funding of €30m. The €1.7m equity round is led by the Czech VC firm, V-Sharp Venture Studio, alongside Antler, Black Pearls VC, 365 fintech, Depo Ventures, Impetus Capital, and several business angels investing in the round. The funding will allow the Berlin-based team to tap into the exponentially growing SaaS market, where global transaction volumes are set to reach €720 billion in 2028. The investment will also be used to enhance the Tapline solution and hire key individuals around marketing and product.
How to structuralize your pitch deck
One of the main aspects of pitch decks to consider is their overall structure. A deck can thrive or fail spectacularly based on the amount of clarity and information conciseness you provide. Here are two possible standard, nevertheless, effective ways to structure your pitch deck in order to raise the probability of successful investment.
Machining of the future - Factoree of the Málek brothers receives seed investment of 900k euro
The brothers Jakub and Milan Málek have been digitizing the engineering production market for 6 years. Their company Factoree is a turnkey supplier of engineering products, especially for companies in the field of agricultural machinery, construction equipment, or public transport, and this year they will deliver over 1 million parts, despite not owning a single machine tool. In fact, Factoree's founders are leveraging the existing capacity of smaller Czech engineering companies and, thanks to their online platform, are meeting their demand with orders from all over the world. They have now raised 900 thousand euros from Presto Ventures, DEPO Ventures, and the SFG financial group to digitalize their communication with suppliers further and expand abroad.
Why is it important to have a great pitch deck?
There are several things to mention while considering why making an impactful pitch deck is absolutely crucial. Everyone knows that a good presentation of any kind is just as important as your main points within the argumentation. In this case, you are probably not only selling your concept, but more importantly, you are selling the potential of yourself as well as your team. In the end, there is no right or wrong within the structure, however, because the final decision based on your pitch is reduced to either investment or no investment, a pitch can be effective or not. This either/or situation can be of course quite intimidating because even if the pitch is good, but not great, there is a significant possibility that investors simply will not be interested in an idea that does not seem rock solid. This is then perhaps the most important argument for the necessity of a superb pitch deck.
DEPO insider: Jan Pecník and his ride toward a bike business
The Netherlands and bicycles simply belong together. There are about one and a half times more bicycles than people in the land of tulips, and the infrastructure is extensive. Cities are welcoming to cyclists; therefore, everyone sees bicycles as a natural means of transport. But many people who come to the country for the first time (and not only them) find it difficult to find a suitable machine. Moreover, bikes are stolen quite a lot. Jan Pecník, who came to the Netherlands a few years ago as a student, also encountered exactly these problems. He wanted to put things in order. First, he started building a database of bikes and their owners. The aim was to easily identify the owner of a stolen bike. Or a badly parked bicycle that the technical services had taken to a ‘salvage’ parking lot. Later, he built an online marketplace around the database, where you can sell a bike at the click of a button.
Startup Yummy which solves all cooking worries is heading over to the Czech market.
Grocery shopping can be time-consuming, expensive, and creates a lot of waste. The Estonian startup is aware of these problems. Yummy is a service that prepares and delivers packages of fresh cooking ingredients, precisely measured for the number of servings ordered, based on the customer's selection. Additionally, it comes with a detailed recipe for the preparation of the desired dish. With the service, which has been dubbed cook & eat, Yummy wants to enter new markets. This year, Poland is already on the cards, with the Czech Republic and the whole of Central and Eastern Europe also in the crosshairs. Yummy raised a total of €3.4 million in the pre-seed phase. The angel fund DEPO Ventures also participated in the investment round and will help Yummy with fundraising and expansion.
Tatum receives $41.5 million funding to growth of a unique blockchain development platform
Tatum, the company drastically simplifying blockchain applications development, today announced it has received $41.5 million in funding to accelerate marketing, educational efforts, and community building for slashing the complexity and time-to-market of creating blockchain-based applications critical to digital finance and Web 3.0. The investment augments the company’s previous financing and includes Evolution Equity Partners as lead, as well as Octopus Ventures, 3VC, Tensor Ventures, Depo Ventures, Leadblock Fund, Circle, and the founders of Bitpanda.
DEPO Ventures invests in data automation. Swedish-Czech startup Forloop raised 875k euros.
No successful company today can do without rapid adaptation to the constantly changing market conditions. Finding out the behavior of the target group, new trends, and competitors, all of this can be crucial for the further development of a company. The problem with data is that its processing is often very slow, difficult, and most importantly manual. In addition, many companies do not use this additional data at all and rely only on their internal data. To handle this problem, the Czech-Swedish startup Forloop.ai has created a platform to automate work with external data, which has been proven to speed up the work of data analysts while generally saving time and resources. The startup has now raised around 875 thousand EUR from Czech and foreign investors, including the angel fund DEPO Ventures. The funding will be used to improve the product, grow the number of users and expand into the US.
Tatum, StartupYard and DEPO Ventures are launching a unique acceleration program
App development for blockchain-based tech is often long and tedious. The founders are often unaware of how exactly to continue with their project in order to make monetary gains from it. Seeing this issue, the developer platform Tatum joined forces with the startup accelerator StartupYard launching the unique Tatum Blockchain Accelerator. The program is built in a way to enable founders to easy development of their company from scratch. What do the founders get out of the service besides that? All-year acceleration includes investment, mentoring from experienced experts, access to the Tatum platform, and contacts from the blockchain and web3 world.
The Engaged Investments conference welcomes angel investors and VC funds in Prague.
The Czech startup investment scene may be off to a good start, however, compared to many other European countries they are still falling behind. Perhaps the reason might be that the interested parties lack general information about the market and their understanding of it is still often only superficial. The Engaged Investments conference aims to change this. The all-day event is not only for experienced investors but also those that are just thinking about their potential engagement. The conference and its program will have up to 20 hardened professionals mainly from foreign countries discussing their experiences and their expertise. The 4th consecutive conference hosted by the investment group DEPO Ventures is going to take place in Prague on October 10th.