Couple of things you should know
We usually invest approximately $0.5-$1 million during the foundation round and may add to that sum in subsequent rounds.
We invest in young startups in the fields of Digital Life Technologies – IoT, Wearable Devices, Smart Home and Smart Cities, Connected Vehicles, Digital Health and Wellness, Digital Media.
We prefer to enter at the first round of financing or at the foundation round of a start-up. We understand that at that stage, the company does not have revenues yet.
We aim to finalize an investment process within a time frame of 1-2 months.
A full business plan is not mandatory at the approach phase, though you will need one during the later stages of your company. We do require clear understanding of the business model, a ‘go to market’ strategy and a clear financial planning. You can use an ‘executive summary’ or a presentation to provide that.
We’ll be happy to see that the major positions of technology and business are covered by the team. If needed, we’ll be happy to help you find the right people for your team.
We are looking for startups that are based on innovative technology, where this new development provides new product capabilities and enables the business of the company.
We’ll be happy to see a descriptive presentation, backed up with a demo (if possible) and a financial plan.