Creandum

We’re excited to announce the close of Creandum VII 🇪🇺 €500m fund - oversubscribed and raised in record time 🎓 Backed by 30 of the world’s top investors, including the largest university endowments and foundations 🔎 Focused on Seed and Series A investments in Europe 🤩 Backing Europe’s next generation of game-changing founders Here’s a little video we made to introduce the new fund... Johan Brenner, Staffan Helgesson, Carl Fritjofsson, Peter Specht, Simon Schmincke, Daniel Blomquist, Sabina Wizander, Hanel Baveja, Beata Klein, Fredrik Cassel  

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With today's launch of Passionfroot 3.0, our portfolio company is revolutionizing B2B creator partnerships with the world's first AI-powered platform. Their all-in-one solution helps brands scale go-to-market through collaborations with top creators and influential voices, saving brands 50+ hours per campaign. Together with the new product launch, Passionfroot announces the closing of its $3.8M seed funding round. This milestone brings their total funding to $7M+ and welcomes an all-star lineup of investors: - Led by Supernode Global - Backed by Sequoia Capital & Accel scout funds - Angel tickets from tech leaders at Linktree, HubSpot, Notion, Miro & Anthropic - Continued support from us at Creandum Read more about Passionfroot’s latest news in Ivan Mehta's piece in TechCrunch, link in comments. #CreatorEconomy #B2B #VentureCapital Cc Sabina Wizander, Jennifer Phan, Nick Wilkins

🌎 The shift to renewable power generation cannot happen without large scale battery storage for when the sun isn’t shining or the wind blowing. 🔋 We are backing terralayr to build a leading player in battery storage. Its unique ‘energy flexibility-as-a-service’ platform connects battery asset owners with customers like renewable energy generators or data centers. To power this platform, terralayr has development agreements in place for over 5GW. It has its first asset operational and several assets in construction. 📍 We believe that terralayr’s cloud-like asset virtualization platform is a completely new way of commercializing large-scale battery storage systems.  📍 It has identified a clear gap between the full economic value of battery storage and the current, conventional business model.  📍 Its flexibility-as-a-service platform offers customers, including power producers, traders, grid operators and large power consumers such as data centers, all of the benefits of grid-scale battery storage without the overheads of a physical asset.  📍 And for battery asset owners, terralayr offers a new way to optimize capacity, generating higher and more stable returns. Read more about our investment thesis in Johan Brenner’s blog and in Tech Crunch’s article. Links in the comments. cc Iris Hendriks Philipp Man Ludwig Wurlitzer Kaspar Klemm Earlybird Venture Capital RIVE Private Investment Norrsken VC Picus Capital

Early-stage Founders: Be part of the movement to strengthen the data behind founder compensation and empower the community to make data-driven decisions. Your input is needed! Are you a startup or scaleup founder wondering if your compensation is on par? Contribute to and benefit from Europe's most comprehensive founder salary dataset! Launched in 2022, our Compensation Calculator tool now includes responses from more than 1000+ founders across Europe. To keep it fresh and relevant, your input is crucial! ⏱️ 2 Minutes = Invaluable Insights Please take our quick, anonymous survey (link in comments). We will then share the insights and relaunch the Compensation Calculator with the latest 2024 data. 🌟 2023 Key Findings: - UK leads in salaries, with fintech topping the charts - Early-stage startups face pay gap and representation challenges - CROs outpace CEOs in base salary earnings - Bonuses on hold, except for bootstrapped companies Let’s go! Thank you for your support! #FounderComp24 #StartupLife #EUTech Cc Michelle C., cc Carl Fritjofsson cc Nick Wilkins  cc Peter Stilwell

📣 Implementing Employee Share Plans in Germany Earlier this year, the German govt. finally made ESOPs much more attractive 🙌 ❌ But implementing the new rules is super complicated 🌟 Billie has developed a model based on PPRs which combines better taxation with simple administration. And it’s been approved by the Berlin financial authorities 🎉 For any startup interested how the Billie Model works, check out Simon Schmincke's in-depth blog. A huge thanks to Aiga Senftleben, GC at Billie, who has pioneered this approach, and the teams at Vogel Heerma Waitz (V14) and FGS for support on the content 🙏 The blog covers: 👉 How the Billie model works 👉 How it compares to other schemes, including existing VSOPs 👉 Eligibility for PPRs 👉 How to implement a PPR 👉 How taxation works 👉 How to manage alongside existing schemes We hope you find it useful. Link in the comments.

Big shout out to Fredrik Cassel  who is one of the Kauffman Fellows's top 30 returners 🎉 Check out the first-ever Kauffman Fund Returners Index 👇

WIRED's top 100 start ups in Europe is out. Special shout out to: 👉 Meri Beckwith, Michael Young and Nik Haldimann at Lindus Health 👉 Antonio Berga and Carlos Serrano García-Lisón, CFA at Embat 👉 Charles A. Kantor and Laurent Sifre at H Company Congrats to all the companies included. Read the full list ➡ https://lnkd.in/gCh9ZVM6

Congrats to Fredrik Hjelm and the team at Voi Technology on their first bond raise, once again proving best-in-class execution. With profitable growth, the opportunities in micromobility are endless 🚀 cc Johan Brenner

Very proud that Johan Brenner has been nominated for this award alongside such luminaries as Annika Sten Pärson, Fredrik Eklund, Niklas Zennström and our good friend from Neo4j, Emil Eifrem. 🌟 Voting closes 10/10 at 23:59 so please take a moment to register your vote using the link below 👇 And take a moment to check out all the other incredible nominees in each of the categories.