Phoenix Court’s Post

As of recently, the UK tech sector is now the third-largest destination for global VC investment; the rise of the tech startup ecosystem here has been amazing, from a few small scruffy startups huddled around the "silicon roundabout" to becoming the engine of the UK economy. However, most of the biggest issues we face in the UK, from housing to climate, are not best addressed through technology but rather through new forms of social and systems innovation. If we are serious about addressing such issues, we need to move beyond "innovation tunnel vision" and start to apply innovation into something that can be applied to create new forms of social, political, and economic systems.

#Technology Practice (#TECH) of #EuroLATAMLink. initiative to leading and guiding European Technology Companies in their expansion plans into Latin America (#LATAM). Strategic and Commercial Support focused on Tech #Startups, SaaS and IT solutions in #B2B to Corporate #Sales For #Mexico, the domestic market has an important number of financial, banking, retail, industrial, health and education companies to which we are able to present solutions and #innovation focused on large #business. #Technews

Europe has consistently outperformed the US in the creation of startups over the past years. As a result, the strong wave of Technology Innovation & Entrepreneurship across European countries has brought to market numerous new technology solutions and applications in need to grow their users base. Latin America represents a potential market of 650 million inhabitants (200 million more than the European Union) and it is one of the highest growing regions in the world in terms of Mobile penetration & Mobile shopping. With a sustained growing middle class the region is also rapidly transforming into an industrial, logistics and manufacturing hub for the western hemisphere, demanding better, innovative and more efficient tools to support its evolution, thereby creating opportunities for innovative solutions across all industries, whether we talk about IT, Financial, Health, Industry, Logistics, Education, E-commerce, Travel, Environmental, etc. This report from Tech.eu provides a very good picture of where the European Tech stands by the end of 2023. Are you a #techstartups looking for international growth? Do you already have a plan in place for #latam (Latin America)? Are you partnering with the right local experts that could assist you in that venture? We build LINKS 🟧 to EVOLVE the business ecosystem between Europe and Latin America #LATAM. 🇪🇺 🔛 🇲🇽 🇨🇴 🇵🇪 🇨🇱 🔶 ----------------------------------------------------------- LINK us Carlos Araujo Cruz & Fernando MAGDALENO ----------------------------------------------------------- #DoingBUSINESSwithLATAM #EXPANDINGbusiness #EVOLVINGbusiness #businessexpansion https://lnkd.in/eVzYNqRK.

Over €2.5 billion in fresh capital 💸 Is European Tech back?? In recent weeks, the European tech scene has seen a series of major fund announcements from leading VC firms. VCs including Balderton Capital, Atomico, Outward VC and AENU have collectively raised over €2.5 billion, signalling strong confidence in European innovation and entrepreneurship. Why is this such good news? 👉 Despite global economic uncertainties, these funds demonstrate unwavering faith in European tech's potential. 👉 From climate tech to AI, these investments target areas crucial for Europe's future competitiveness. 👉 With funds covering early to growth stages, we're seeing a more robust funding pipeline for startups at all levels. 👉 There's a growing emphasis on "Impact Capitalism" and building sustainable, socially responsible businesses. 👉 These substantial funds put European tech firmly on the global investment map, potentially drawing more international interest. The details... Balderton Capital: Announced on August 12, 2024 ▶ Total: $1.3 billion (€1.17 billion) ▶ Two funds: $615 million Early Stage Fund IX and $685 million Growth Fund II ▶ Focus: Seed stage through IPO for European tech companies Atomico: Announced on September 9, 2024 ▶ Total: $1.24 billion (€1.12 billion) ▶ Two funds: $754 million Growth VI and $485 million Venture VI ▶ Focus: Series B to pre-IPO and early-stage investments Outward VC: Announced on September 10, 2024 ▶ Total: £51 million ($65 million) ▶ Focus: Early-stage fintech, data privacy, healthcare, and AI AENU: Announced on September 11, 2024 ▶ Total: €100 million ▶ Focus: Early-stage climate tech and social impact startups What do you think? Are we back?? LP ✌️ Pack GTM | SaaS Sales Recruitment in Germany #venturecapital #startups

🇬🇧 The UK's Growing Interest in Investing in the Tech Sector The UK's interest in the tech sector is surging as innovation continues to reshape industries globally. From artificial intelligence to fintech, the country is strategically positioning itself as a tech hub for international investors. With government incentives and a vibrant startup ecosystem, the UK is becoming a prime destination for tech investments, attracting entrepreneurs and businesses eager to capitalize on this growing market. #TechInvestments #UKTech #Innovation #StartupEcosystem #GlobalBusiness https://lnkd.in/dspXB_Td

📢 Groundbreaking News: Kennet Partners has secured a record-breaking $287 million growth fund, marking the largest raise in European history! 🚀 In a significant boost for Europe's tech ecosystem, Kennet Partners has closed its fifth and largest fund, "Kennet V," with a focus on scaling innovative tech firms. This monumental fund underscores the growing investor confidence in Europe's tech future and the readiness of its startups for the next growth phase. Founded in 1997, Kennet Partners has a storied history of supporting high-performing tech businesses. With a commitment to sectors such as SaaS, fintech, and healthcare technology, Kennet V is set to drive further innovation and job creation across the continent. Strategically, Kennet V will allocate between $10 million and $20 million per company, ensuring firms with strong growth potential have the capital necessary to scale effectively. This investment underscores a broader trend of substantial growth funds increasingly shaping the European tech landscape. “This milestone fundraise is a testament to the resilience and dynamism of Europe’s tech landscape,” said Hilarie Koplow-McAdams, reflecting the broader investor enthusiasm. Don't miss out on the full story behind this game-changing fund and what it means for the future of tech in Europe. Read more now and be part of this pivotal moment!

Exciting news for the UK tech scene! Despite global economic challenges, the UK has maintained its position as Europe's tech powerhouse, attracting a third of all tech funding in the region this year ‼😍 This achievement underscores the resilience and innovation of UK startups and scale-ups, as well as investor confidence in the British tech ecosystem. From fintech to AI, healthtech to cleantech, UK companies continue to push boundaries and attract significant capital. Key takeaways: ◾ UK tech firms have secured approximately 33% of all European tech investment in 2024 ◾ This success comes despite broader economic uncertainties ◾ It reinforces the UK's status as a leading global tech hub What do you think this means for the future of tech in Europe? And how can other countries learn from the UK's success? 💡 🤔

🖲 🔎 🔦 #European #Tech #Investment in #2023, Part 1 By Dealroom, Pitchbook, Tech.eu and Atomico 📤 A lot has been written and reported about 2023 in European tech investment, so let’s have a look at some of the most visible sources: Dealroom.co (Dec 29th), PitchBook (released Dec 20th), Tech.eu (Dec 15th) and Atomico (Nov 28, announced at Slush). We would like to provide a short summary of the key insights and compare the trends from different reports. 📌 Dealroom.co: - European startups raised $63 billion invested across over 10K funding rounds, down 37% on 2022 (vs $45 billion projected by Atomico in Nov 23 and, to put it in global perspective, the same as 38% decline on the global level, reported by Crunchbase this week) - By country, the #UK, #France and #Germany raised the most VC investment in Europe in 2023. By city: London, Paris and Stockholm - The only EU country that avoided the fall of national level VC investment from 2022 to 2023 was Denmark with its mega biotech and healthtech rounds. European share of Global VC investment is at a record high at 19%, up 2x in 5 years. - The leading segments raising the most VC investment in 2023 include #E-mobility, #EV and #greentech startups, and in general the market is pivoting from Saas focus to physical & manufacturing tech startups which we find notable. 📌 PitchBook (VC + PE data): - VC deal value is on course to fall significantly, whereas PE deal value is displaying resilience and is marginally lower relative to 2022’s figures. The same contrasting trends apply to VC-raised capital vs PE where the world’s largest PE buyout fund was reported in 2023. - Substantial exits have been rare in 2023, VC-backed public listings have struggled to gain momentum. Important to see it as a calibration rather than a decline considering the boom of 2021-2022. - 2024 Outlook: During 2021 and 2022, UK private capital (PE and VC) deal value was greater than France and Germany’s private capital deal value combined. But in 2024 France and Germany are expected to close the gap to the UK, shifting capital deployment. We believe it’s important to put any statistics in perspective to avoid the hype of ‘the worst year in the European tech’ titles. As we can see, the European VC decline is in line with the global trend, and needs to be considered as a correction rather than a collapse keeping in mind unprecedented investment levels of 2021-2023. Stay tuned for part 2! #europeantech #2023year #investment #VC #investmenttrends

Our H1 European tech review is out now — and the tech ecosystem is arguably in a better place than it was at the start of the year with €47.3bn injected into Europe’s startups. Sifted has been tracking funding rounds since late 2023, covering equity, debt, and grants. Each deal is verified and tagged by our analysts, providing a comprehensive view of where the money is flowing. The highlights? 💸 Debt total was a massive €18.7bn from 92 deals 💰 Pre-seed to Series A deals accounted for 82.8% of the total deal count 📈 The average cheque was 23.2% higher in Q2 (€11m) than Q1 (€8.9bn) 🌱 Climate tech received by far the most investment (€21.3bn) 🇬🇧 The UK (€13.3bn) pipped Sweden (€12bn) thanks to a record-breaking May 🤑 €15bn+ of fresh VC capital has been raised — the most since H1 2022 Suffice to say, there’s a lot of interesting data points and storylines to uncover in our H1 review. Download it now: https://hubs.ly/Q02GlNWW0 #europeantech #h1review #tech #startups #investors

Europe may be lagging behind the US in AI investments, but don't count it out just yet. For the past five years, the number of startups in Europe has surpassed those in the US, thanks to a larger population and a growing pool of talent. And while absolute investment may not be as high, lower costs in Europe mean higher capital efficiency. Check out the link for more insights on the state of European tech. #Europe #startups #technology #investment #talent #efficiency