Gytenis Galkis

Health Tech Investors: Forget Funding, Think Growth! Hey there, VCs and investment gurus!  Are you tired of people asking you for money? We get it. Here's a refreshing idea: 𝐜𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧! Our Health Tech startup haven in Europe is launching a one-of-a-kind Laboratory designed to supercharge your portfolio companies. Here's how it benefits you (not us, you!): 1. 𝐔𝐧𝐞𝐚𝐫𝐭𝐡𝐢𝐧𝐠 𝐇𝐢𝐝𝐝𝐞𝐧 𝐆𝐞𝐦𝐬 Ever come across promising early-stage Health Tech projects that just don't quite fit your investment mold?  Send them our way!  Our Laboratory will whip them into shape, making them prime candidates for future investment.  Time and resources saved? Absolutely! ✅ **2. 𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐏𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬  See some amazing niche startups, but know they'd be unstoppable if combined? We see it too! Our Laboratory excels at forging these dream teams, creating platforms with unbeatable market potential. Getting start-ups ready to the market? Absolutely! ✅ 3. 𝐆𝐫𝐨𝐰𝐭𝐡 𝐑𝐨𝐜𝐤𝐞𝐭 𝐅𝐮𝐞𝐥  Is a portfolio company stuck in slow-motion?  Maybe they need a complete overhaul or are ready to absorb new ventures but lack the know-how.  Our Laboratory can fix both!  We'll diagnose their issues and provide solutions to get them rocketing towards success. Absolutely! ✅ Intrigued?  —— 1. Join our Foresight discussion on June 12th to delve deeper. Then, you can decide how your portfolio companies can benefit from our year-long program (6 months in the Lab, followed by 6 months of ongoing support). Our expert team will analyze each startup's challenges, craft solutions, and most importantly, help them implement those solutions for maximum growth. 2. Or just simply put a plus sign in the comments So we can discuss your situation, your start-ups, your needs, and how we can help you (not asking for a money as everybody else is doing ) Erki Mölder Tuomas Kosonen Tor-Oskar Karlberg Nicolaus v. Schlieffen Stefan Petersson Christian Goergen Denis Czerniuk Amine Benmoussa Magnus Stagsted Daniel Hastik Vi Partners Seroba. Novaterra Impilo Eir Ventures Hadean Ventures ARCHIMED Capital Cell Sciety MIG Capital M Ventures Ysios Capital Inkef Eleven Ventures LSP Invivo Partners Healthy.Capital eevolve 415 Capital Catalpa Ventures Cascara Ventures 4FOX Ventures

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🙍‍♂️ Meet the founding partners of Health Founders Estonia - Estonian Health Economy Association. The Estonian Health Economy Association (tervisemajandus.ee) is a non-profit organisation founded in 2019 by health technology entrepreneurs and investors, with a goal to accelerate the development of the Estonian health economy ecosystem. “I have been in healthcare for 25 years and have seen the challenges both as an entrepreneur, investor and ecosystem builder,” says Erki Mölder, Founding Partner of EHEA. "Today, the Estonian healthtech ecosystem is at crossroads - the sector's international competitiveness and export capacity are significantly lower compared to neighbouring countries. For example, compared to #Finland, the approximately 2- to 3-fold difference in creating new health technology companies becomes a 15- to 20-fold difference in raising venture capital and nearly a 50-fold difference in export turnover. We need a fresh strategy and operating model to be able to compete on a global scale and create successful companies." “Over the past 4 years we have launched 2 major initiatives to accelerate the growth of Estonian healthtech ecosystem,” adds Siim Saare, Founding Partner of EHEA. “In 2020, we started Health Founders - Estonia's first health technology accelerator. The program has now reached its 5th batch, grown international and supported more than 30 early-stage companies, such as Nanordica Medical Migrevention, Dermtest, Essence App, SpeakTX, Lifeyear and many others. In 2022, we launched DTx Estonia (Alliance of Estonian Digital Therapeutic Manufacturers) - a non-profit industry organisation of entrepreneurs operating in the field of software-based medical devices. Both programs have created a vibrant community of founders, investors, mentors and ecosystem partners." We are now super excited to take the next step and join forces with University of Tartu, Tartu University Hospital, Sparkup Tartu Science Park, and Civitta, to launch a new strategic alliance for supporting Estonian healthtech innovators -  Health Founders Estonia. 👉 Learn more and join the community: https://hfe.ee/

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At Whales, every month we evaluate dozens of startups looking for investment opportunities. It’s also consistently one of the hottest topics at industry events. Whether we’re at Web Summit, EU Startups, or Vivatech, Slush - meeting hundreds of entrepreneurs and reviewing countless pitch decks - one trend stands out: 🔑 Everyone wants to impress potential investors, but not everyone is ready to present a clear, compelling vision of their product. To help founders avoid common pitfalls, our co-founder Vlad Kytainyk has outlined 5 critical mistakes startups make when pitching to VCs. These insights are drawn from our investment committee discussions and post-pitch analysis. Swipe to save time, avoid these mistakes, and boost your chances of securing that round.

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📣 Attention to private investors and venture funds with investments in Health Tech startups. This may be the first time you are approached not for money, but for help and mutually beneficial cooperation! Our venture studio, which has been working on promoting Health Tech startups in Europe for several years, is launching the first Laboratory that will definitely be useful for your portfolio companies. 🧪Why, you ask? There are several reasons: 1. Identifying Promising Early-Stage Projects🚀 As a professional venture investor, you surely consider many interesting early-stage Health Tech projects that you like in terms of ideas, but for one reason or another, they do not meet your investment criteria. We offer you to recommend such projects to participate in our Laboratory, thanks to which such startups will meet your expectations upon completion of our program, and you will save time and resources.⏳ 2. Creating Synergistic Platforms🔗 There are quite a few projects on the market that are innovative and breakthrough in some narrow area, but their success is possible only if combined with other startups to create products and services in demand by the market. And we are ready, within the framework of our Laboratory, to unite such startups into platforms and achieve a synergistic effect from the combination of their products and teams.🌐 3. Accelerating Portfolio Company Growth📈 Perhaps you have startups in your portfolio whose development you are not satisfied with. They are growing slowly, the business model is not working, the team is not strong enough, or there are other factors slowing down their development. Or, conversely, you have projects that can become market leaders and are already ready to absorb and integrate other startups into themselves, but they lack the necessary competencies for this. Participation in our Laboratory will help both types of startups to deal with problems and tasks!💡 Does it sound interesting? Then we propose to start by participating in our Foresight, where we will discuss these issues. Further, you will be able to determine the tasks and expectations from the participation of your portfolio companies in our program, which will start on June 12 and will last for 12 months (6 months of the program and 6 months of subsequent support). Within the framework of the Laboratory, our team will analyze the issues and tasks facing the startup, offer and most importantly help implement solutions that will accelerate its development. 🚀 Come to our webinar on June 4 to get to know us. We are open to communication and cooperation with you!🤝 Please find the links to the Laboratory, webinar, post about platforms in the first comment.💬 #FutureHealthLab #4PM #4PMVentures #health #healthtech #vc #venturebuilder #medicine #innovation #healthcare #digitalhealth #healthdata #homecare #rehabtech #medicaldevices #4PM #healthtech #platforms #VCfunds #acceleration

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#fundingalert 💼Company: PLAIO - Digitalised Pharma Planning 💰Funding: €4.3 Million ⚡Round: Oversubscribed 👥Investors: Kvika Asset Management's, Iðunn, Frumtak Ventures, Dr. Agon. Pharma experts may ask data enquiries and simulate “what if” situations using PLAIO's AI Coplanner's natural language interface. The Coplanner speeds up scenario analysis and campaign execution by performing some of planners' most time-consuming activities. Johann Gudbjargarson, Andri Sveinsson , Petur Richter, Asthildur Otharsdottir, Ólafur Pálsson, Manuela Magnúsdóttir, Hildur Rún Guðjónsdóttir, Hlynur Stefánsson To share your startup story write us on - [email protected] #PLAIO #AI #Pharma #news #fundraising #funding #startup

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🌟 Delve into thought-provoking insights from our founder, Lars Seier Christensen, as he discusses 'Building a Safer Tomorrow' & 'Creating a Future Based in Trust' in COHERRA’s #TOKEN2049 interview series. In a conversation hosted by Bloomberg’s Ersoy Erkazanci, Lars emphasizes the importance of bridging the gap between traditional and emerging financial landscapes for sustained market success. #FinancialInnovation #TrustInFinance #FutureOfFinance #Concordium

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🇪🇪 "Exciting News for Estonian Startups of e-residents founders! 🚀 Great news for e-Residency entrepreneurs: Estonia's Commercial Code gives entrepreneurs more freedom to start their business by lowering the share capital requirement to 0,01 euro cent! Our latest article breaks down these changes in simple terms, so you can confidently navigate the new share capital landscape. 💡 Key Points: 1. No more €2,500 minimum share capital requirement! 2. You can now start your limited liability company with as little as €0.01 per shareholder. ->Our advice? Aim for at least €100 per shareholder for added credibility. 🤝 How We Can Help: ->Need help transferring share capital? We're here to make it easy for you. -Remember your responsibility: Keep your company's net assets above half of the share capital to avoid personal liability. 🚀 Let's Start Your Journey: We're your trusted partner, ready to guide you through every step. Have questions? Reach out to us! Let's work together to make your business dreams a reality. Ready to embark on your entrepreneurial journey? Read our latest article about share capital here: https://lnkd.in/dM7B9FfP -- 🔍 Stay Informed, Stay Ahead: Knowledge is power. Follow us to stay informed and grow your business with us! 🔔 #estonia #entrepreneurship #eresidency #digitalbusiness #digitalnomads

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Getting featured in the media as a startup founder is hard but not impossible. On Tuesday, coach and digital health journalist Artur Olesch explained to our teams how. In this post, Artur busts 5 common myths about getting published as a startup founder 👇 1. "I’m a small startup, no one is interested in my solution." 🚫 ✅ Try to find the right media or build your own (blogs or social media presence) by posting consistently about 3x a week. Give yourself time to discover your writing style. It can take over a year to be recognized for what you are doing. 2. "I have a great business strategy and product. The recognition on the market will come." 🚫 ✅ You can have good PR, even without a ready product. Recognition is built, it rarely just happens. 3. "I have to impress by showing that the market is huge." 🚫 Communication is not a pitch. Focus on the story, not the numbers 🔢. Stories about the people you are helping are worth more than the size of the market you are addressing. Be reliable, honest, and transparent. 4. "Communication is the job of the marketing/PR department." 🚫 ✅ Communication is everybody’s job. 5. "We have to communicate with investors and customers." 🚫 ✅ We are moving from an investors-focused to a stakeholders-focused world. You must be able to communicate to a wide range of stakeholders and change your messaging accordingly. Bonus tip 🔝 Make life easy for journalists. Reach out to them in a short message. When they are interested, deliver a short (500 words) and long version (1000 words) of an original article. In your writing, Artur suggests keeping the following in mind: “Start to love verbs, they support narrative thinking. Use white space between phrases, they support speed reading.” What is your advice for founders to spread the word about their innovation? 🤔 #startupadvice #getfeatured #mediapresence

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Estonian startup’s €5.7 million seed extension targets growth and sustainability in Germany Tallinn-based Fairown has secured €5.7 million in a seed extension round. The funding, led by BonVenture and supported by neosfer, STIHL Ventures, and Gateway Ventures , will be used to expand Fairown’s operations in Germany. The company, which operates in nine European countries, plans to enhance its product offerings and scale its service in the German market. Fairown’s subscription model is designed to offer consumers flexible access to various products while promoting sustainability and circular economy practices. The funding will help Fairown launch its service in the German household appliances sector and strengthen its partnerships with major brands such as Bosch and Apple Premium Reseller FundK. https://lnkd.in/d7tF6cX5 #funding #balticmade #estonia #startups #sustainability #circulareconomy #fintech #trending

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💡 Attention HealthTech startups! Heal Capital is looking to invest in European HealthTech innovations, and your startup could be next! As part of our new "Investor Call" service at R2GConnect, we’re connecting startups from Pre-Seed to Series A with one of #Europe’s top #VentureCapital funds. Here’s the scoop: - Investment Size: €1-5 million - Focus Areas: Any therapeutic area - Region: Europe If your startup has a digital or data-driven edge, don’t miss this opportunity. Apply here: https://lnkd.in/ddCVG68g Investors: We invite you to explore R2GConnect.com and set up your own #InvestorCall for #free. For a demo session please reach out to Sorin STIRCU, Partnerships Manager https://bit.ly/3TGL2kF   #StartupFunding #VentureCapital #InvestorCall #HealthTechInvesting #EarlyStageInvesting #InvestmentOpportunities #DealFlow #HealthTech #VentureCapital #StartupFunding #Innovation #InvestorOpportunities #R2GConnect

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Frumtak Ventures, an early-stage investor, has raised $87 million for Frumtak IV, its fourth fund. Despite not having a preference for any particular industry, the fund has historically made the majority of its investments in seed or Series A B2B SaaS businesses. Investors will be concentrating on businesses that operate at the nexus of deeptech, AI, and software, capitalising on Iceland's historical advantages in sectors including energy, climate change, #healthcare, #transport, #logistics, and ocean technology. Frumtak 1 and Frumtak 2 venture funds are managed by Frumtak Ventures. The funds' limited partners are primarily pension funds, with a few other Icelandic stakeholders included. Frumtak 1 has all of its money in. Frumtak 2 makes investments in post-seed, early-stage, and revenue enterprises with significant growth potential. Svana Gunnarsdottir, Asthildur Otharsdottir, Andri Heiðar Kristinsson, Read more - https://lnkd.in/gsrAENQV To share your startup story write us on - [email protected] #FrumtakVentures #venturecapital #businesses #technology #SaaS #revenue #fundraising #funding #startup #news

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Wyden Secures USD 16.9 Million In Series B Funding Round  Read more:  https://lnkd.in/dBH_ZwK8 #funding #fundraising #Wyden #SeriesBFunding #VentureCapital #StartupGrowth #TechInvestment #FinTech #Finance #FinancialIT

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🚀 #Warsaw: Revoize, has raised a pre-seed round of €458,000 to boost Real-Time Conversations using noise reduction and speech enhancement technologies. 💳 The funds were raised from VC fund AIP Seed and co-investor Marcin Zukowski. ℹ #Revoize will use this investment to accelerate the development of its advanced algorithms, improving the quality of real-time conversations for billions of people worldwide. The goal is establishing Revoize as the voice communication quality improvement technology leader. Darek Żuk Aleksander Potocki Stanisław Andrzej Raczyński Mateusz Olszewski Read More about #Revoize: https://lnkd.in/dJU4fNwK Feature your startup journey on TECHnicalBeep! Reach out to us at "[email protected]" and ignite the future together! 🦄 #technicalbeep #ideasphere #startupnews #startupspace #startup #tech #venturecapital #startupfunding #fundingnews #AIVoice #ArtificialIntelligence #AI

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What is the average Value of Priority Research Voucher? Recently X4Pharma announced the sale of their PRV for USD 105m. This comes only a few months after the sale of a PRV by Valneva in February 2024 for USD 103m. So what is the average value of a PRV in recent years? GlobalData analysed 19 deals where the buyer of vouchers was made public, and where vouchers were sold solely as assets – as opposed to being grouped within an acquisition, merger, or license deal. The first ever PRV sale took place in 2014 when BioMarin sold theirs to Regeneron Pharmaceuticals for $67.5 million. Since 2015, the secondary market for priority review vouchers has stabilised and these now go for an average amount of $100 million.

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Atomico, founded in 2006 by Skype co-founder Niklas Zennström, raised two new funds worth $1.24 billion to back European technology firms. The two new funds are comprised of a $754 million growth-stage fund for startups raising Series B to pre-IPO financing and a $485 million early stage fund. The fresh fundraising comes as two of Atomico’s key portfolio companies, Stripe and Klarna, have been circled by speculation of upcoming IPOs. #Atomico #techfunding #venturecapital #EuropeanTech #NiklasZennström #startupfunding #SeriesB #preIPO #growthfund #earlystagefund #Stripe #Klarna #IPOnews #techinvesting #fundraising #startupinvestment

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🚀SaaS is the Future for European SMEs! 🚀 💸Estonia’s enty just raised €700,000 in seed funding, transforming SME finance management across Europe! 💼💻🌍 👉Backed by TMT Investments Plc, Trado Capital, and #angelinvestors, Enty is set to accelerate growth and expand its reach💡 🌟 Why #SaaS is the game-changer for SMEs: ✅All-in-one platform for invoicing, contracts & cash flow ✅Time-saving efficiency boost ✅EU, EEA & UK regulatory compliance made easy ✅Subscription-based model for budget-friendly scaling 🗣 Kirill Zheleznov, CEO: "Turbo-charged entrepreneurs don't want to be dragged down by time-consuming back office tasks." 🔗Source link in the first comment⬇️ 👨‍💼 Business owners: Ready to streamline your operations and focus on growth? Discover how SaaS can revolutionize your back office! 🚀💼 #StartupFunding #FinancialManagement #EuropeanTech #SMEsolutions #DigitalTransformation #InnovationInFinance #TechStartups #BusinessGrowth #EntrepreneurMindset #CloudComputing #FutureTech #B2BSaaS #FinancialInnovation #SmallBusinessSolutions #StartupLife #BusinessStrategy #TechInvestment #FinTechTrends #EuropeanStartups #DigitalFinance

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🚀 Estonian startup ÄIO just raised €6M to revolutionize the green energy game! 🌱💰 This ambitious funding will power the construction of their groundbreaking demo plant, pushing the limits of sustainable tech and turning waste into a resource! ♻️ 🌟 Why is this a game-changer? ✅ ÄIO’s technology aims to tackle the global waste crisis by transforming it into valuable energy and materials. ✅ This innovative demo plant will showcase the potential of Estonia’s cutting-edge clean technology on the world stage. ✅ It’s a bold step towards a more sustainable future, showing that Estonia is ready to lead in the circular economy! Keep an eye on ÄIO – they’re turning waste into wealth! 🚀 https://lnkd.in/gs5fuy48 #tradewithestonia #estonianInnovation #cleantech #sustainability

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𝐍𝐨𝐫𝐝𝐢𝐜 𝐜𝐥𝐨𝐮𝐝 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐫 𝐃𝐚𝐭𝐚𝐂𝐫𝐮𝐧𝐜𝐡 𝐫𝐚𝐢𝐬𝐞𝐬 €𝟏𝟑𝐌 𝐭𝐨 𝐬𝐜𝐚𝐥𝐞 𝐀𝐈 𝐢𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 Helsinki-based cloud infrastructure provider DataCrunch has secured €13 million in seed funding to expand its specialised computing services across Europe. The investment round was led by byFounders, with participation from J12 Ventures, Local Tapiola, Nordea, and several technology sector investors, positioning the company to develop its cloud infrastructure optimised explicitly for artificial intelligence workloads. DataCrunch, established in 2020 by Ruben Bryon, has developed a cloud computing platform that addresses the distinct challenges of running complex AI operations at scale. The company’s infrastructure-as-a-service offering provides accessible, high-performance computing resources through strategically located data centres in Finland and Iceland, leveraging these regions’ renewable energy sources and natural cooling capabilities. For more details https://lnkd.in/eR7HQWDf . . . _____________ #CloudSecurity #Cloudezii #AWS #azure #gcp #Elevate #Integrate #CloudComputing

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🚀 Austrian VC firm Round2 Capital leads a $20M round for EvoluteIQ 👉 https://ain.social/4e5HvDu EvoluteIQ, a Stockholm-based leader in AI-powered automation, has raised $20M in equity and debt, led by Round2 Capital Partners with contributions from Nordea Growth Fund, DCAP Digital Select, and PH Ventures LLC. EvoluteIQ’s low-code/no-code platform combines generative AI, data processing, and process automation, simplifying digital transformation for industries like healthcare, finance, and insurance. Founded in 2019, EvoluteIQ enables businesses to automate processes without advanced tech skills, driving efficiency and reducing costs. This fresh funding will accelerate EvoluteIQ's global expansion and support enhancements to its robust automation platform. #Automation #AI #DigitalTransformation #SeedFunding #TechInnovation

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