We updated our overview of investors in European SaaS companies.

The good news is - also for this update we find an increasing numbers of Europe based SaaS only VCs as well as US veterans investing in Europe.
In addition, many funds invest at least parts of their portfolio in Software as a Service in Europe.

This does not make it easier to start and scale a SaaS business to €100 M in Europe, but at least it is a starting point.

investors and venture capital in european saas startups 08 2018 1 638

If you know an investor that is missing, drop as a line or a comment. I plan to update the list in intervals.
No liabilities for accuracy or completeness

For more details check out our up-to-date list here:
https://www.slideshare.net/Iceventure/investors-and-venture-capital-in-european-saas-startups-08-2018

Check our other resources on SaaS in the links below:

If you want to know more about all KPIs and sides of the SaaS business model check out Iceventure's SaaS online training or read our articels on saas here on the blog. Get your idea or company off the ground: 1h Start-up Online Consulting

Freigegeben in info

Die Energiewende, Grid Storage und die Emobilität sind in aller Munde und schreiten mit großen Schritten voran. Daher sind innovative Ideen und Start-ups in dem Bereich "chemischer Energiespeicher/Batterien" unerlässlich. Aber: Neue Techniken müssen entsprechend entwickelt und danach publiziert und vermarktet werden. Doch das ist oft schwer!

Start up Batterien Energiespeicher gesucht ConsultingDer Münchner Batteriestammtisch möchte in seiner elften Ausgabe am 21.07.2016 jungen Talenten/Firmen und frischen Ideen Raum geben. Deshalb bietet er die Möglichkeit, sich zu präsentieren.

Bei dieser Veranstaltung, bei der Arnbjörn Eggerz von Icevenutre Mitinitiator ist, können junge Firmen ausstellen und sich so präsentieren.
Die Unkostenbeteiligung ist 50€. Bei Sponsorenbeteiligung wird dieser Betrag nicht erhoben.

Wir möchten gerne Ideen und Vorschläge hören, die sich mit dieser Thematik befassen. Uns würde interessieren:

Freigegeben in News

 I have been asked the questions many times in the last years: SaaS in Europe in principal a good idea, but who invests in them?

The good news is, there has been quite a change as we find an increasing numbers of Europe based SaaS only VCs as well as US veterans investing in Europe. In addition, many funds invest at least parts of their portfolio in Software as a Service in Europe.

This does not make it easier to start and scale a SaaS business to €100 M in Europe, but at least it is a starting point.

Investoren in europäische SaaS Startups

If you know an investor that is missing, drop as a line or a comment. I plan to update the list in intervals.
No liabilities for accuracy or completeness

Check our other resources on SaaS in the links below

If you want to know more about all KPIs and sides of the SaaS business model check out Iceventure's SaaS online training or read our articels on saas here on the blog. Get your idea or company off the ground: 1h Start-up Online Consulting

Freigegeben in info

Start-up Ökosysteme sind in 2016 auch in der Wahrnehmung der breiten Öffentlichkeit angekommen. Dies ist ein wichtiger Schritt auf dem Weg der Entwicklung und ein wichtiger Moment für die Innovationskultur und Ökosystementwicklung in Deutschland/Europa, die ich bei Iceventure (und vorher in anderer Funktion) bereits seit über 10 Jahren begleite.
Doch für die weitere qualitative Entwicklung sind einige Punkte von Bedeutung, die neben den allgemeinen Themen wie z.B. Verfügbarkeit von VC oft nicht bekannt sind und diskutierte werden, da sie nur aus der längeren Perspektive wie z.B. in der Unternehmensberatung mit Historie in systemischen Projekten wahrgenommen werden.
Also ein guter Anlass diese in einem Interview mit Prof. Christian Lechner, Experte für Gründungsmanagement und Start-up Ökosysteme zu thematisieren. Dias auch um den nüchternen Blick der Forschung, geschärft durch konsolidiertes Wissen, für die vielen Diskussionen z.B. mit Kunden, die gerne etwas für das regionale Ökosystem tun möchten, aufzubereiten.

Wir sprechen über

 

Freigegeben in Start up

Right after publishing the blog post that I will participate in this year's Web Summit 2015 in Dublin I got a couple of requests by our startup clients. They in particular asked two questions:

• Why I break the rule, I preach all the time not to attend startup events?
• When breaking the rule why then by going to Web Summit, the event accused of being a scam?

The disclaimer:

Before continuing this article, I have to give a full disclaimer: I have been invited by the Web Summit team to do media coverage, especially on Fintech covered in the Money Summit.
There is no other affiliation nor have I been asked to publish an article about the allegations.
I have never been to Web Summit before, although I know the conference since its beginning, so I cannot give you a first-hand insight about participation in the past.
Still I deem it important to write about the subject matter as it is discussed also in Germany and it is a perfect occasion to illustrate some insights that are valuable for our readers, startups and (not yet) clients in general.

Valuing information quickly - the scam critique on Web Summit

The first insight is about how to evalue the fraud allegations on a general level as such situations repeat over time.
There is so much information – and (emotional) opinion snippets (aka Shitstorm) in the web that the first thing you need is a quick technique with which you can assess information in a very short time (the business case for structured feeds).
A simple, but effective way I found over time – albeit not being perfect - is to check the volume of reaction e.g. in form of comments. The danger is to overvalue emotional reactions leading to many comments (or good social media teams commenting) as they can be very far removed from reality, but it is one indicator.
With 55 and 12 comments on the relevant articles on Tech.eu you get the impression that the problem cannot be as huge compared to about 20000 participants in 2014

A second indicator is that most people preferred to remain anonymous. In this case, it is strange because it should not be a problem to tell your story when others did so openly. What do you have to lose as a start-up when you speak out against an event? They might not invite you or sell you a ticket in the future - so what? They are not your customers, nor your investors. And once you are in the unicorn club, they will invite you in any case. If not invited then, it is still a great media story, so why care.
Then there was another sentence in one article that caught my attention:

Freigegeben in Web Summit 2015

Arnbjörn Eggerz, Geschäftsführer von Iceventure wird dieses Jahr am Web Summit in Dublin teilnehmen.

Update: Ein Beitrag über die Gründe und die Vor- und Nachteile für Gründer folgt, währenddessen dieser Beitrag meinen Fokus für dieses Events behandelt: Was möchte mit Teilnehmer diskutieren und was sind die Erkenntnisse für unserer Kunden, die ich als Teil unserer Business Intelligence sammeln werde.

Über den Web Summit und unsere Teilnahme

Screening the European Startup Innovation ecosystemWeb Summit ist ein ziemlich großer Event mit ungefähr 30.000 Teilnehmern und 1000 Sprechern. Diese Größenordnung wurde innerhalb 5 Jahren erreicht. Allein die pure Zahl der Teilnehmer macht die Veranstaltung zu einem interessanten Ort, um die Stimmung und den Zustand der Europäischen Start-up und Innovationsökosystem für unsere Kunden einfangen. Dies als Nebeneffekt einer Einladung des Web Summit Teams zur Berichterstattung über den Money Summit, die innerhalb der ganzen Konferenz das Thema Fintech behandelt. Vielen Dank an das Web Summit Team für diese Gelegenheit!

Nachdem es bis zu 21 Mini Gipfel gibt habe ich entscheiden den Fokus auf diese drei für unsere Kunden wichtige Themen zu legen:

Fintech

Fintech ist ein Sektor, der immer mehr und mehr Aufmerksamkeit erlangt. Bei all dem Enthusiasmus die Bankenlandschaft zu ändern, halten wir es jedoch für notwendig die Dinge in der richtigen Perspektive zu betrachten.

Eine Perspektive ist die Betrachtung von Fintech-Innovation mit laufenden Branchenentwicklung in der immer noch andauernden Bankenkrise, zu kombinieren, wie es in dem Post über „Tradeshift" oder in der Analyse von Plan B aus Fintechsicht „Valuation of Plan B laid out by Mr. Varoufakis" erläutert wird.

Die zweite wichtige Perspektive ist die Fintech Innovation gegenüber einer möglichen Implosion der Banken als Folge der der Euro-Krise und den Folgen von Deleveraging für den gesamten Sektor.

Drittens, die Rückführung dieser Innovationen in den Rahmen solider Makro Theorie in dem z.B. klar wird, dass Bitcoins ein super Zahlungsmittel sind, aber keine besondere und bessere Währung mit allen daraus folgenden Konsequenzen aus dieser Analytik.

Freigegeben in Web Summit 2015

Arnbjörn Eggerz, managing director of Iceventure, will participate in this year's Web Summit.
There will be a follow-up post on the why and pros and cons, while this post is about my focus for this event: What is it, I like to discuss with participants and what are the insights for our clients I will collect as part of our business intelligence activity.

Screening the European Startup Innovation ecosystemAbout the Web Summit and our participation

Web Summit is a rather large event with about 30.000 participants and over 1000 speakers. It grew to this dimension in about 5 years.
The sheer number of participants makes it a very interesting place to catch the sentiment of the European start-up and innovation for our clients, with the side fact of an invitation by Web Summit to do media coverage on the Money Summit. So thanks a lot to the Web Summit team for inviting me!
There are up to 21 Mini Summits -all of course interesting - out of which I decide to focus on these:

Fintech

Fintech is a sector that got more and more attention. With all the enthusiasm, we deem it however necessary to put things in a perspective. With persepctive I mean to change focus from an individual tech solution to an overall sector outlook in the current context of banking.
One perspective is the combination of Fintech innovation with ongoing sector trends in the banking crisis as explained in the Tradeshift post or the valuation of Plan B laid out by Mr. Varoufaksi.
A second important perspective is Fintech innovation versus the implosion of banking due to e.g. the Euro crisis.

Freigegeben in News

Iceventure received a couple of questions over the summer concerning the analysis of the Euro crisis and the coverage of Greece.
In particular, three critiques have been formulated:

Euro crisis Germany banking system Innovationa) Why continue to keep the Euro crisis on the radar as even the "rebellious" Greek Prime Minister Tsipras committed on the mainstream Euro politics and reform agenda and all have only to work on agreed solutions?

b) Why such an appealingly tough stance on Germany as it is one of the best performing countries in the Eurozone especially with the start-up revolution finally also taking place here?

c) Why combining the Euro crisis with innovation and start-ups?

This post is only providing short answers as we are preparing, based on business intelligence work for customers, an updated analysis on the Euro crisis after the new Greek agreement.
Still I deem it important to provide some general comments prior, as we find the main thesis of a major structural change more and more confirmed.

Greece has its part, but is only a puzzle piece in the Euro crisis

First, even with this summer's Greek agreement I do not find any of the Euro issues as a currency area fixed. It is still a dysfunctional currency area with the ECB taking over a political role and a reform debate towards federalism starting only now.
This is the second dominating issue and from market view and realities years away in terms of speed of crucial reforms (as outlined here). Albeit Greece has its role and one can illustrate many Eurozone issues exemplarily, the bigger picture did not change. This issue will stay on the table even with a Grexit which likelihood did not significantly change with the new agreement.

In the meantime, it is interesting to use OCA theory for analysis and compare the Eurozone to the U.S., but we should treat the Euro as it is without the reforms: It is a fixed currency regime either turning into a currency area or falling apart.
Then, as I continue to argue, we deal not primarily with a currency crisis, but with a profound government debt and banking crisis that is amplified in an ill constructed currency area.

The core of the Euro crisis is a government bond and banking crisis in times of secular change

Freigegeben in Strategy

Last week's leak of Ex-FinMin Varoufakis's Plan B to extend the software around the tax numbers of Greek citizens to establish a payment system lead to an uproar in international and German media. General tenor was that once again there was another proof of the amateurishness of the Greek ex finance minister.

Varoufakis PlanB Fintech Start ups Payment System
However, is this true, just because Plan B is unconventional and outside of everyday perception? My four words answer is: No, it is not.

I will explain my judgment with the analogy of Fintech start-ups, as it is very fitting as Fintech start-ups in this sector (payment) face the same challenges and it makes the argumentation more accessible for readers. It is not to mask or deny the seriousness of Greek's overall situation. It only shows the systematic approache needed and what bad and good sides it had to start with tax numbers and tax software. I also assume an inner Greek system alone, as capital controlls are in place and all external routing has to go via the central bank only. Since the "leaked" tape did not include all details the elaboration and assessment is based on the reasonings why to start with the tax software.

It is also just a perfect example - in line with Iceventure's credo, as our customers know - that new business opportunities build around not only technology, but also cracks introduced by sociological and political change as well action.

When you think of Plan B with the metaphor of "a payment startup" as we do in our innovation workshops - what is your mission? Work today on something totally out of norm that norm it becomes tomorrow. What are the main obstacles assuming that programming skills are there? It is a short list in the end.
Security (Identity), a functioning process, easy to handle, working (almost) everywhere and the liquidity to run it. So let us go through the important points:

1. Safety & Identity verification in payments systems

Freigegeben in News

Was bedeutet der Wunderkind –Exit?
Endlich ist es soweit. Berlin hat einen (weiteren) Exit und dann auch noch von einem der Berliner Vorzeigestart-ups Wunderlist. Dennoch waren die Reaktionen diverser Marktteilnehmer nicht nur positiv. Grund genug sich den Exit näher anzuschauen und ihn einzuordnen. Denn es gibt eine Reihe von Fragen: Warum jetzt? Wirklich ein guter Exit? Was bedeutet das für IT und SaaS-Firmen?

Exit 6Wunderkinder Wunderlist

Ein Punkt gleich vorneweg. Der Kauf durch Microsoft ist für das 6Wunderkinder Team und die Investoren ohne Zweifel ein großer Erfolg. Der Exit gibt dem Ökosystem in Berlin und Deutschland zusätzlich einen Schub und alleine deswegen ist er gut.

Folglich sind die in diesem Artikel dargelegten Punkte keine Kritik an 6Wunderkinder, sondern Reflektionen über Technologieentwicklung und (App-) Geschäftsmodelle, wie sie mit Wunderlist realisiert wurden.
Doch dazu zuerst die Fakten des Wunderlistkaufs, soweit sie in der Öffentlichkeit bekannt sind

Preis und Struktur des Wunderlist Deals

Wunderlist wurde von Microsoft für einen Kaufpreis von 100 bis 200 Mio. Dollar übernommen, was ca. 90 bis 180 Mio. Euro entspricht.
Über die genaue neue Eigentümerstruktur und die Anteile nach dem Exit ist in der Öffentlichkeit bis jetzt nichts bekannt. Es ist aber von einer 100% Übernahme auszugehen.

Freigegeben in Start up
 
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