DEPO Latest News | October 2022
As we approach the end of the year, we wanted to take a moment to thank all our investors, co-investors, partners, founders and others for your support and engagement. It has been an exciting and eventful year for DEPO. We have achieved many milestones and reached some important goals with 12 investments as DEPO Ventures and 7 syndicates as DEPO Angels. We continue and aim higher with the third €20 million fund for another 40 early-stage startups from the CEE region and Baltics. Take a look at our investments for the last quarter.
Our first follow-on investment was in the Czech-founded blockchain development platform Tatum which has raised €39 Mio thanks to investors such as Evolution Equity Partners, Octopus, 3VC, and Tensor Ventures. DEPO Angel Syndicate also participated in this round.
This Czech-embedded financial services platform Flowpay gives SMEs access to shop and medium-term financing options for their activities. DEPO Ventures invested via angel fund II. DEPO Angels Syndicate is still ongoing mark your interest
Another Czech company with its production as a service is Factoree. They source mechanical engineering parts online using a unique algorithm. DEPO invested with Presto Ventures and SFG financial group.
The second biggest investment round we participated in this year was with the German company Tapline. They provide SaaS startups access to fast, transparent and non-dilutive growth capital. On €31.7 Mio round participated funds such as Fasanara Capital, and V-Sharp Venture Studio, alongside Antler, Black Pearls VC, 365 fintech, Impetus and several business angels.
And last but not least, we invested in many awards-winning startup Readmio - a mobile application focused on education through storytelling with sounds activated by your voice.
DEPO Angels have another 4 ongoing investment syndicates with a minimum ticket of €5 000. If you want to learn more. Register for free using the link below.