DEPO Ventures and Tensor Ventures Sell AI Chip Startup NEURONIX to US Tech Giant

DEPO Ventures and Tensor Ventures Sell AI Chip Startup NEURONIX to US Tech Giant

In a recent landmark deal in the tech industry, Czech investment firms Tensor Ventures and Depo Ventures have jointly announced the sale of their shares in the American-Israeli startup Neuronix AI to Microchip Technology, a tech giant with a market valuation nearing $50 billion. This acquisition underscores the critical role of advanced AI technologies in an industry driven by escalating demands for computational power.

Startup Investors Grow More Optimistic, Yet Worry About the Scarcity of Quality Projects

Startup Investors Grow More Optimistic, Yet Worry About the Scarcity of Quality Projects

The Czech startup landscape stands a significant chance of strengthening this year, as investments in technology companies are expected to increase markedly following a leaner last year. Fund general partners are particularly keen, with a third of them planning to invest substantially more. They are concerned, however, about securing sufficient capital from private investors. Although the vast majority intend to continue their investment activities, nearly 30 percent plan to do so at a reduced level compared to last year. These findings emerge from a survey conducted by the investment group DEPO Ventures, which is constructing an international syndicate of angel investors in addition to managing angel funds. The survey's strategic partners include the law firm Mavericks, the CzechInvest agency, and the Czech Business Angel Association (CBAA).

European startups got less money this year,but the sentiment is improving. Target: AI & climate tech

European startups got less money this year,but the sentiment is improving. Target: AI & climate tech

Petr Šíma: Forget about the United States, Europe has already overtaken it in the number of new startups. Moreover, it is the only region where the volume of capital invested in startups this year will be higher than in 2020, by 18 percent. Let's leave aside 2021 and early 2022, when startup valuations skyrocketed and investors bought whatever they could. That was an anomaly. This year, $45 billion will flow into European startups, according to a fresh analysis by Atomico. This is the third highest figure after the two years mentioned above and confirms that the ecosystem is on a strong footing.

DEPO’s Founders Meetup: A Catalyst for Innovation and Growth

DEPO’s Founders Meetup: A Catalyst for Innovation and Growth

Last October, DEPO Ventures had a great pleasure of organising a Founders Meetup that served as a beacon of innovation, collaboration, and growth. The event was a precursor to the Engaged Investments Conference and was attended by an eclectic mix of DEPO team members, 30 founders of start-ups from over 12 countries, and our valued Limited Partners (LPs). This event marked the first time that all the parties came together, fostering a vibrant ecosystem that thrives on shared knowledge, mutual growth, and a unified vision.

Decoding the DNA of a Successful Startup Founder

Decoding the DNA of a Successful Startup Founder

,,It's not enough for a startup founder to know his or her field. They must have perfect business instincts and a mature personality" says Michal Ciffra, Partner at DEPO Ventures.

Czech health tech start-up KARDI AI received EUR 1.5 million from investors for further development

Czech health tech start-up KARDI AI received EUR 1.5 million from investors for further development

The start-up KARDI AI, which aims to prevent heart health and optimize patient treatment through long-term ECG monitoring and early detection of possible cardiac arrhythmias using artificial intelligence, has now raised a further EUR 1.5 million from investors, bringing the total amount invested in the company to EUR 1.9 million. The funds will help the company to realize its ambitious plans aimed at dynamically increasing the number of users at an international level. The planned steps include, in particular, the introduction of a new version of the product with a higher level of approval from the regulatory authorities. This will support a faster expansion of the network of cooperating cardiologists, neurologists and general practitioners as well as the development of cooperations with other healthcare providers, retailers and health insurance companies. All this with the aim of simplifying and streamlining cardiac healthcare across Europe as quickly as possible.

Investing Beyond Borders: Where Trust, Cultures, and Networks Collide

Investing Beyond Borders: Where Trust, Cultures, and Networks Collide

The Engaged Investments Conference recently hosted a panel discussion featuring industry experts, each offering unique perspectives on "How to Cross-Borders: Fostering Cooperation and Investment across the CEE Region." The speakers shared valuable insights on the challenges and strategies associated with investing in the Region.

Peer-to-Peer Platform NOLD Raises EUR 1M to Power the Next Generation of Fashion Resale

Peer-to-Peer Platform NOLD Raises EUR 1M to Power the Next Generation of Fashion Resale

The tech company is empowering sustainable, premium, and entry-luxury brands in its mission to reduce the fashion industry's impact.

„We live in the current ecosystem, and we shouldn’t hope it will change.”

„We live in the current ecosystem, and we shouldn’t hope it will change.”

The Engaged Investments Conference's agenda was brimming with inspiring conversations, and one such panel discussion delved deep into the dynamics of start-up investments in the Central and Eastern European (CEE) region. With notable industry experts sharing their experience, the panel, titled "Exploring the Pros and Cons: Traditional VC Funds vs. Angel Syndicates and its Place in the CEE Region," provided a comprehensive exploration of the challenges, trends, and opportunities shaping the landscape.

DEPO invested in Certifier

DEPO invested in Certifier

The Poland-based startup, Certifier, has just secured over $700,000 in funding from Movens Capital, FundingBox Deep Tech Fund, DEPO Ventures, and Black Pearls VC in a seed round. As part of the investment agreement, these funds have the option to double their capital commitment in the coming months. Certifier is developing a digital credential infrastructure in a SaaS model. Currently, 800 businesses and individuals rely on Certifier to store their digital certificates and badges. Their customers include Avon Canada, University of Illinois, and Oxford School District. The global market size for digital credentials software, encompassing diplomas, certificates, and badges, is estimated at $1.6 billion and is projected to surpass $6 billion by 2033. In five years, Certifier aims to be the market leader in digital credential management software.

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