Northzone

🏠 Inside most of us lives an interior designer/architect (or at least, that’s how we feel here at Northzone) so we’re excited to share our portfolio company, Rayon.design’s latest software version - Rayon V2! ✏️ Rayon brings modern tools to the AEC industry and its launch of V2 is the definite tool to do everything in one place: drafting, stylising, laying out and more. Whether you’re a seasoned professional or simply drawn to the creative process, take a look below 👇 https://lnkd.in/efA6ZbNS Bastien Dolla, Stanislas Chaillou, Michiel Kotting, Michelle Nacouzi

🚀 Our latest perspective on the transformative opportunities within the healthcare industry is out! 🤯 The global healthcare market generates a staggering $21 trillion and only 2% is invested in digital tech - the potential for growth is immense. At our recent AGM in September, our partner Wendy Xiao delved deep into the opportunities emerging within the healthcare industry - a sector ripe for digital revolution. As we embrace AI and digital transformation, we see a path forward that enhances efficiency and aligns incentives across the value chain. We gathered our insights and included a short recording of Wendy’s presentation in the link below! 👇 https://lnkd.in/eFvN8u45

🎙️ Recently, our partner Molly Alter sat down with Molly O'Shea from Sourcery to look back on her journey as an investor - covering everything from founder qualities and VC biases to what she’s learned along the way. She shared her thoughts on the differences between the US and European tech scenes, and why she’s excited about the future of vertical AI, software for hardware, and workflow SaaS. And also delved into Northzone's meritocratic, founder-friendly approach in balancing investments between the US and Europe. 📈 Check out the full podcast through the link in the comments 👇

🌳 We’re excited to announce our investment in AirForestry, a company revolutionising forest thinning with electric, autonomous drones! This €10.3 million Seed round was led by Northzone, and included participation from strategic, evergreen, and greentech investors Sveaskog, Kiko Ventures, CapitalT, Walerud Ventures, SEB Greentech VC, and Cloudbreak VC. 💚 Marking a significant shift in forest management and supporting a more sustainable future, AirForestry’s solution offers a fossil-free, gentle, and a radically more cost efficient method of forestry, reducing carbon dioxide emissions while enhancing the forest’s carbon sequestration capabilities. We’re very proud to welcome Olle Gelin, Mauritz Andersson, Caroline Walerud and their team to the portfolio as they continue to transform the future of forestry! Find out more below 👇

👏 Congratulations to the Defacto team on the launch of "Defacto Core" - a new Lending-as-a-Service API designed to enhance SMB lending for financial institutions! 💪 By leveraging AI and real-time underwriting to provide instant funding decisions, Defacto continues to improve both efficiency and customer experience in the lending landscape. Find out more below 👇

👏 spektr has just announced a big update! They now offer client onboarding, continuous compliance, and case management - all hyper-configurable to suit unique business needs. The update allows you to tailor compliance processes, from adjusting KYC and AML checks to building custom, no-code onboarding workflows, ensuring everything fits seamlessly into your operations. 🎯 The company's real-time monitoring, risk-based workflows, and centralised case management make compliance smoother and more efficient, while spektrAI provides intelligent support without compromising your control. Congrats to the team! 💪 More below 👇

We've raised £23.4M to grow our team, launch even better rewards and fast-track our expansion outside the UK 🎉 Over the last year we've added a free membership tier, hundreds of new independent partners around the country, countless product improvements and our personal favourite, Yonder Flights, a new way to use your points on any flight with any airline globally. So if you're sick of trying to hack your rewards card just so you can use your points on something useful, maybe look us up. We might be able to help. We've maintained a 4.5 TrustPilot rating and are the number one ranked credit card with Smart Money People. Our customers really love us (and we love them back... hi!). We've got loads more we want to do though. It's going to be a busy couple of years. Building a world class credit card business isn't easy. But we love to keep busy, so we're doubling down on ways to help you get the most out of your points, adding new partnerships with some of the world's most iconic brands and building more intuitive features to help you use credit responsibly. That's not even the half of it. With this new funding, we'll be taking Yonder on tour and launching outside the UK by the end of next year. Thanks to our new and existing investors Jigsaw VC, RTP Global, LocalGlobe, Northzone & Seedcamp for their continued support. You've always seen the vision and we're really proud to be working with you to get there. We're hiring, so if you want to come hang out with us (in our new office in Hoxton) then we'd love to chat. You can find our open roles on our website. Thanks also to Sifted and Tom Matsuda for covering the news. We've linked the article below.

🇬🇧 Sifted Summit is around the corner! Don’t miss our partner, Sanjot Malhi, on stage alongside Lisa Picardo, CCO at PensionBee UK; Herman Narula, Co-founder and CEO at Improbable; and Tim Smith, Editor at Sifted discussing all things IPOs and exits. 🎙️ The panel ‘To sell or not to sell? Waiting in the exit wings’ will explore the resurgence of market activity and the reopening of the IPO window, examining the ideal time to sell your startup as well as alternative exit strategies, along with what to anticipate during the sale process. Find the full agenda below 👇 #siftedsummit

🚀 Flink, the leading instant grocery delivery service secures $150m in new funding to drive growth and innovation! New investors alongside existing partners such as BOND, REWE, Mubadala and Northzone, contributed to this new round of $115m in equity and $35m in debt financing. 🤝 Adding to the exciting news, Flink has announced a preferred partnership with Just Eat Takeaway (JET) to extend its market reach as it continues scaling its operations across Europe. 📈 With $600M in gross revenue expected for 2024 and EBITDA break-even already achieved in both markets, Flink is targeting full profitability by Q2 2025. And also plans to open 30 new stores in Germany and the Netherlands over the next 12 months. Congratulations to Christoph Cordes, Oliver Merkel, Julian Dames, and the team! 👏 TechCrunch has more 👇 Jessica Schultz, Maxine Rior

The secret’s out, Kriya is now available on Stripe! We’re the first B2B PayLater solution available in the UK on Stripe’s financial infrastructure platform. UK-based Stripe users can now offer flexible payment terms to their business buyers. What’s in it for you? 📈 Increase conversion, order size, and buyer loyalty ⌛Offer 30 day payment terms, in real-time, at checkout 🫰 Get paid upfront 🔌 Frictionlessly integrate into Stripe without dev work 🛡️Protected from credit and fraud risk For more about this exciting partnership and how to get bigger sales, more often and be paid upfront, check out the link in the comments. #Partnership #Stripe #B2B #B2BPayments #BNPL #eCommerce #PayLater #TradeCredit