Mike Hudack

Venture debt can be a powerful tool for founders looking to scale without sacrificing ownership. But where do you start? Our new playbook, developed in partnership with Jonny Boyarsky of Literally Helping Startups, breaks down everything you need to know—from choosing lenders to structuring deals aligned with your growth goals. Explore how venture debt can: -Extend your runway -Fuel growth -Support strategic initiatives The best part is you can access these benefits without additional equity dilution. Download the full playbook here: https://hubs.ly/Q02YJXhT0 #venturedebt #growthstage #lenders #nondilutive

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London, UK based growth investor Copilot Capital recently launched a fund 💸 $200M fund seeded by an investment division of The Friedkin Group. 💡 Investing up to $40M in European software start-ups looking to scale and help founders drive further growth and profitability, with a specific focus on go-to-market strategy, internationalisation, acquisitions, and data & AI. 🌍 #Europe 📈 Alongside the fund’s launch, Copilot Capital has made its first investment into Danish-based Relesys, an all-in-one employee app for frontline workers in the retail industry. 💭 “There are 60,000 SaaS companies across Europe. Our goal is to identify businesses with market-leading products and proven revenue models and equip them with the capital and expertise to scale into software champions.” - John Messer, Copilot Capital’s co-founder 🗞️by Tech Funding News https://lnkd.in/dSjYtXgY 👏 For the #AudaciousInvestors unleashing innovation and empowering tomorrow🚀 John I Charlie I Charlie I Dave I Alba I Kitarack I Zerxis I Kemar I Zarosh I Hannah I Team Copilot … #growthcapital #pe #funds #startups #entrepreneurs #uk #funding #tech #entrepreneurship #technology #innovation #venture #london

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Lemon Raises £500K in Pre Seed Funding Round to Enable SMBs to Save Thousands on SaaS Spending Co-Founder and CEO of Lemon Matt Bird commented: “It’s clear that we’re going through a really interesting period for SMBs at the moment,. Taking into consideration the challenging economic landscape with funding drying up everywhere you turn, SMBs now need the tools and services to help them build better businesses as cost-efficiently as possible. With software being the third largest spend for an SMB, we really think Lemon can become a core part of how an SMB uses SaaS. https://lnkd.in/eHzkqN5v Koen Christiaens Edward Stevenson #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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Are you considering apply for VC Pitch Day 2024? Hear from Part3 co-founder, Jack Sadler who received funding through last year’s #VCPitchDay. Here’s what he has to say about the experience. Q. Can you give us your elevator pitch? Jack: Part3 is a platform that simplifies construction administration through automation and intelligence. We are a niche within a niche. Q. Can you share your experience participating in last year’s pitch event in Toronto? Jack: The event was great. The evening networking event before the pitch day was a bit of a surprise to me. It was really valuable as we got to mingle with other founders and all the investors and connect with a lot of other members of the ecosystem. I’ve stayed in touch with a lot of people I met at the event. As for the pitch day, it was great - it’s a much more intimate kind of event as opposed to a typical pitch event. Q. How has participating in the event impacted your business? Jack: As a direct result of this event, I received three offers to invest and participate in my seed round. I also had other referrals that led to other opportunities and investment. I met people I never would have met organically, which was fantastic. Q. What advice would you give to someone considering applying for this year’s event? Jack: There is nothing to lose and so much to gain. This is not your typical pitch event because it’s not built to be a competition that fuels an audience. It’s a meaningful event conducted with utmost respect for your time. Like the fact that you get 25 minutes with the investors means you can paint the full picture of your business and still get substantial Q&A time with investors. Q. What’s next for Part3? Jack: We’re going to keep growing. We have a big, ambitious mission to become the complete operating system for architects and engineers throughout the construction administration process. BDO’s #VCPitchDay gets scaling and emerging #tech companies in front of some of the top #VentureCapitalists in the country. Applications close Sep. 12, 2024, for Halifax, Toronto, and Vancouver, and Sep. 26, 2024 for Montreal. Apply now. https://direc.to/kHvV

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In today's tough fundraising environment the landscape continues to shift, with startups seeing smaller valuation increases between rounds and longer intervals between raises. Despite these challenges, ZEDEDA raised a $72 million Series C round in February, proving that opportunity still exists. To learn more about ZEDEDA's fundraising journey, read Said Ouissal's insightful thoughts in Kevin Dowd's article in Carta 💭 https://bit.ly/47Q9hCt #fundraising #startup #edgecomputing

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💡 Meet Sam Grice, the founder of Octopus Legacy — one of our incredible partners — who’s reshaping the way we think about death. In a recent interview, Sam shares the powerful story behind founding a deathtech startup that helps people with legacy planning and finding support after a loss. 🫶 With an ambitious goal to bring on 1m customers in the next two years, Octopus Legacy is set to revolutionise the way we plan for the future. 🚀 Big shoutout to Sam, Charlotte Woodward, Imogen Marshall, PhD, Shardé Heim, Andrea Marchello and the rest of the team — we can’t wait to see the impact you’ll continue to have in the future! Read about Sam’s inspiring journey in the article by Rod Gilmour.👇 https://lnkd.in/eKtZvmsg #startups #techforgood #deathtech #legacyplanning #founderstory #innovation #techrecruitment #futureplanning #startupfounder #startuplife #founder #inspiring

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#Funding #OtherStuff Daring Capital invests €1.2 million in purpose-led founders in its first year of operation: Daring Capital, a UK impact investor network, has invested €1.2 million in purpose-driven startups during its first year. Launched in August 2023 by Jem Stein, the company has prioritised support for female founders, who received 95% of the capital, and 76% to Black and Racially minoritised founders. The investment aims to back overlooked entrepreneurs building […] The post Daring Capital invests €1.2 million in purpose-led founders in its first year of operation appeared first on EU-Startups.

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Welcome to our new quickfire Q&A series, Meet the Managers. Our first interview is with Reece Chowdhry of Concept Ventures. Concept Ventures is a dedicated pre-seed VC fund that invests in software companies with a people-centric approach. The first question we asked Reece was which individuals helped him the most in his journey, and he answered: Sam Ettelaie (we promise we did not influence his choice!), Matt Penneycard and Dr Arjun Patel. Find out more about Reece's journey below 👇

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autone secures £13 Million Series A Investment led by General Catalyst The investment round was participated by Speedinvest, Y Combinator, Seedcamp, 2100 Ventures, Motier Ventures, Financière Saint James, and notable business angels from LVMH, Sephora, and Moncler. autone is poised to become the essential operating platform for retail, designed to enhance sales while significantly reducing inventory levels and freeing up working capital. autone’s platform processes 100 million data points per customer, transforming these into actionable insights that lead to up to 55% reduction in inventory, a 25% increase in forecasting accuracy, a 30% increase in sales, and saving 45 hours of manual work per week for its users. Congratulations to Adil Bouhdadi, Harry Glucksmann Cheslaw and the team on the investment. Read the full press release here: https://lnkd.in/dgJYvxF6 Subscribe to our newsletter to receive weekly deals in your inbox: https://lnkd.in/g54BWBTY  Access the Deal Lite web app for company and investor intelligence: https://deallite.uk #UKTechInvestmentNews #DealLite #Investment #Seriesa

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Quick Observations: 🔍 Investors More Cautious Investors are taking more time to deploy capital. 💰 Dry Powder Still in Play Despite the slower pace, there’s a significant amount of dry powder in investment vehicles, waiting for the right opportunities. 🚀 Rising Competition With more businesses vying for capital, the competition has never been fiercer. 📈 Silver Lining Opportunity to sharpen your metrics and strengthen your value proposition—better positioning your business when the time comes.

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Tonight, Anna Sweetman is joining a Startup Fundraising & Investment Panel hosted by Entrepreneurs Collective alongside investors from Kavedon Kapital, 21x21 and MMC Ventures. The conversation will cover a variety of topics around navigating the UK's fundraising landscape, including: 💡 How to stand out to investors 💡 Key decision-making factors for investors 💡 What to expect at different stages of funding 💡 Navigating common fundraising challenges

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Benchmark - the fastest way to screen deals & analyze investment data. Each year, investment teams spend thousands of hours reviewing investment opportunities that die. Not only are those hours lost, but so is all of the valuable data that is tied to those opportunities. As a result, investment teams spend way too much time focusing on low-probability opportunities, digging through old files for comps, and redoing old analysis. Founded by Alec Dunn, Connor Janson, and Joshua Kerber: Benchmark allows investment teams to screen deals in minutes while automatically aggregating all of the valuable deal data for future analysis. With Benchmark, investors can focus on high-probability opportunities and build permanent institutional knowledge, saving them hundreds of hours per year and giving them a significant edge over the competition. Benchmark is backed by Y Combinator & Outsiders Fund https://lnkd.in/eTVKvhe7

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🇬🇧 Understanding the different stages of startup funding is crucial for strategic growth. 🌱 From the pre-seed stage to Series C and beyond, each phase comes with its own challenges and opportunities. Our latest Quick Insight breaks down each stage, helping you map out your fundraising strategy and seek the right type of investment at the right time. Whether you're just starting out or scaling up, knowing where your startup fits in the funding landscape is key to securing the investment you need. Dive into the details and plan your next move. Check it out! https://hubs.li/Q02H-kmD0 #FundingStages #StartupGrowth

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Carta’s new QSBS offering for investors is one of the most exciting launches of the year. How it works 1. Investors can refer their portfolio companies. 2. Carta will prompt companies to get a QSBS Attestation to determine qualification. 3. If a company qualifies and receives QSBS Attestation, investors will receive an Attestation letter highlighting which securities held are QSBS-eligible. It’s that easy. With QSBS, investors can save millions and have peace of mind knowing they can provide an attestation letter in the event of an audit. More here: https://lnkd.in/eyX4BU-7 #investors #portcos #investment #captable #QSBS #carta

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Medial has crossed 50,000 registered users (on our app) in less than 3 months of launch. We had most of our focus driven on the engineering part of our platform but despite that the word of mouth we have helped us scale so much. It's time that we begin to focus on organic marketing channels and growth too. On our path to 100k users now! Thank you to all the users who make the platform an information hub, help out other peers in times of doubts and needs. As of today- 50k users, 100k+ posts and replies, 13+ creators on Medial have crossed 200+ followers, 20+ have 100+ followers, 25,000 messages have been exchanged in under 2 weeks of DM's launch. The numbers are overwhelming and I'm happy that our infra has been super stable without any major failure or crash yet. The dream of creating a global social media network from India is slowly and steadily moving towards becoming a reality. 🙏 🚀 #medial #medialapp #consumerinternet #fromindiatotheworld

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