After a record year for Israeli startups, 16 investors tell us what’s next

After a record year for Israeli startups, 16 investors tell us what’s next

Israel’s startup ecosystem raised record amounts of funding and produced 19 IPOs in 2020, despite the pandemic. Now tech companies across industries are poised for an even better year, according to more than a dozen investors we talked to in the country. Mainstay sectors like cybersecurity continue to matter, they said, but are maturing (more […] …

Surging homegrown talent and VC spark Italy’s tech renaissance

Surging homegrown talent and VC spark Italy’s tech renaissance

As Italy reinstates many COVID-19 limitations, the nation’s tech ecosystem is waiting and viewing to see what the larger effects of the emergency situation will be. Italy’s community for tech equity capital and start-ups has been in advancement for many years and has made decent strides in the last decade. Will the coronavirus stymie their efforts? Put […] Italy’s community for tech endeavor capital and startups has actually been in advancement for years and has made decent strides in the last years. In 2019, Italian start-ups brought in $850 million, compared to just EUR140 million in 2017, as the VC community ended up being less insular and more international investors showed up. How much are you focused on investing in your local community versus other start-up hubs (or everywhere) in general? Tech start-ups are dealing with opportunities and obstacles. Italy’s community for tech venture capital and start-ups has actually been in advancement for years and has made good strides in the last decade….

10 Zurich-area financiers on Switzerland’s 2020 start-up outlook

10 Zurich-area financiers on Switzerland’s 2020 start-up outlook

European entrepreneurs who want to introduce startups could do worse than Switzerland. In a report evaluating Europe’s basic economic health, expense of working, organization environment and manpower quality, analysts looked for highly informed populations, strong economies, healthy organization environments and reasonably low costs for carrying out business. Switzerland ended up ranking 3rd out of […]
As traditional software engineering start-ups, Switzerland’s largest city boasts a startup culture that highlights life sciences, mechanical engineering and robotics. Venture Kick was released in 2007 with the vision to double the number of spin-offs from Swiss universities and draws from a jury of more than 150 leading start-up specialists in Switzerland. How must investors in other cities think about the overall financial investment environment and opportunities in your city?Overall, Switzerland is an excellent market for a startup to be in– although small, buying power is big! Do you expect to see a surge in more founders coming from geographies outside major cities in the years to come, with startup hubs losing people due to the pandemic and remaining issues, plus the tourist attraction of remote work?I think it is hard to make any kind of predictions. Katrin Siebenbuerger Hacki, creator, Medows …

7 financiers go over augmented reality and VR start-up chances in 2020 888011000 110888 For all of the financiers preaching that increased reality innovation will likely be the successor to the modern mobile phone, today, the majority of venture capitalists are still quite careful to back AR plays. The reasons abound, but all tend to circle around the idea that it’s prematurely for software application and too expensive to try to take on Apple or Facebook on the hardware front. Couple of areas were frothier in 2016 than virtual reality, but most VCs who gambled on VR following Facebook’s Oculus acquisition failed to strike it abundant. In 2020, VR did not get the shelter-in-place usage bump many had actually expected largely due to provide chain issues at Facebook, however VCs hope their brand-new less expensive device will spell advantages for the startup environment. To get a much better sense of how VCs are looking at enhanced truth and virtual truth in 2020, I connected to a handful of financiers who are keeping a close watch on the industry: Some investors who are bullish on AR have decided to concentrate on virtual reality for now, believing that there’s a good amount of crossover between AR and VR software, and that they can make safer bets on VR start-ups today that will have the ability to benefit from AR hardware when it’s introduced. “Besides Pokémon Go I do not believe we have seen the engagement numbers needed for AR,” Boost VC financier Brayton Williams tells TechCrunch. “Our company believe VR is still the biggest long-term opportunity of the 2. AR matches the real life, VR produces unlimited brand-new worlds.” The majority of the investors I got in contact with were still relatively active in the AR/VR world, but numerous still disagreed whether the time was ideal for VR start-ups. For Jacob Mullins of Shasta Ventures, “It’s still early, however it’s no longer prematurely.” While Gigi Levy-Weiss of NFX states that the marketplace is “sadly not happening yet,” Facebook’s Quest headsets have actually shown pledge. On the hardware side, the ghost of Magic Leap’s formerly hyped magnificence still looms big. Few investors are interested in making a hardware play in the AR/VR world, keeping in mind that start-ups don’t have the resources to compete with Facebook or Microsoft on a large-scale rollout. “Hardware is so capital intensive and this entire market depends on the big gamers continuing to buy hardware development,” General Catalyst’s Niko Bonatsos informs us. Even those that are still bullish on startups making hardware bets more specific niche audiences acknowledge that life had gotten harder for ambitious founders in these spaces, “the incredible flare-outs do make it harder for companies to raise big amounts with long item release horizons,” investor Tipatat Chennavasin notes. Actions have actually been modified for length and clearness. Niko Bonatsos, General Catalyst What are your general impressions on the health of the AR/VR market today? Because of the Oculus community, we’re seeing some progress in VR and some of that is occurring. They continue to improve the hardware and have a growing brochure of material. I believe their onboarding and intake experience is very consumer-friendly which’s going to continue to help with adoption. On the customer side, we’re seeing some companies across video gaming, physical fitness and efficiency that are making and retaining their audiences at a reputable rate. That wasn’t happening even a year ago so it may be partially a COVID lift but routines are forming. The VR bets of numerous years ago have largely had a hard time to pan out, if you were to make a startup financial investment in this area today what would you require to see? Business to view are the ones that are producing cool experiences with mobile as the first entry point. Wave VR, Rec Room, VRChat are making it truly simple for consumers to get a taste of VR with gadgets they already own. They’re not dealing with VR as just another gaming peripheral however as a method to develop very cool, typically celebrity-driven, material. These are the sort of innovations that makes me optimistic about the VR classification in basic. The majority of financiers I talk with appear to be long-term bullish on AR, however are reticent to buy an explicitly AR-focused start-up today. What do you wish to see prior to you make a play here? In both AR/VR, a creator requires to be both very ambitious however patient. They’ll require to be versatile in believing and available to pivoting a couple of times along the way. Product-market fit is always crucial but I wish to see that they have a prepare for consumer retention. Enjoyable to attempt is terrific, habit-forming is far better. Video gaming continues to do pretty well as a category for VC dollars but it ‘d be interesting to see more founders take a look at making IRL sports experiences more immersive or determining how to boost remote meeting experiences with VR to repair Zoom fatigue. There have been a few incredible flare-outs when it pertains to AR/VR hardware financial investments, is there still a start-up opportunity in AR/VR hardware? Hardware is so capital intensive and this whole market is dependent on the big gamers continuing to invest in hardware development. Facebook and Microsoft appear to be the primary business happy to spend here while others have actually pulled back. Maybe the very first genuine mainstream advancement AR/VR customer experience isn’t visual if we broaden our thinking for a minute. For VR, it may be the mobile experiences. For AR possibly AirPods or AirPod-like devices are the ideal entry point for customers. They remain in millions of people’s ears currently and who does not want their own special-agent-like earpiece? That’s where creators may find some chance. Tipatat Chennavasin, The Endeavor Truth Fund

For all of the investors preaching that augmented reality technology will likely be the successor to the modern smartphone, today, most venture capitalists are still quite wary to back AR plays. The reasons are plentiful, but all tend to circle around the idea that it’s too early for software and too expensive to try to […] …

Bonus Crunch Friday roundup: Edtech funding rises, Poland VC survey, inside Shift’s SPAC plan, more

Bonus Crunch Friday roundup: Edtech funding rises, Poland VC survey, inside Shift’s SPAC plan, more

A look back at Bonus Crunch’s top stories over the last few days. Francisco, but I work an East Coast schedule to get a dive on the news day. This is not to boast: I have a desk job and a working air filter. Senior Editor!.?.!@yourprotagonist!.?.! Image Credits: Nigel Sussman(opens in a new window) In a two-part series that ran on TechCrunch and Extra Additional, former media columnist Eric Peckham returned to share his analysis of Unity Software application’s S-1 filing….

Despite COVID-19, 5 Chicago VCs say region is poised for success

Despite COVID-19, 5 Chicago VCs say region is poised for success

Chicago has a long history of creating industry-leading companies and it doesn’t seem COVID-19 is slowing down the city. TechCrunch surveyed Chicago venture capitalists who remain optimistic despite the current crisis. COVID-19 could be good for Chicago, they told TechCrunch throughout their survey responses. It’s clear from the responses below investors in Chicago are interested […] …

Six Toronto VCs go over COVID-19 and the post-pandemic era

Six Toronto VCs go over COVID-19 and the post-pandemic era

As North America’s fourth-largest city, Toronto is one of the world’s top startup ecosystems. After generating business like Eventbrite and Crowdmark, Ontario’s capital has drawn in international talent that matches its homegrown population of business owners and technical talent. 6 financiers we surveyed who live and work in the area stated they think Toronto will continue to […] 6 investors we surveyed who live and work in the area stated they believe Toronto will continue to thrive after the COVID-19 storm passes. Ameet Shah of Golden Ventures listed fintech as one of Toronto’s key markets. Almost all of the surveyed investors mentioned diversity as a crucial factor to work and live in Toronto. Ameet Shah of Golden Ventures states, “Toronto has typically been strong in fintech, B2B SaaS, ai and crypto. …

5 VCs on the future of Michigan’s start-up community

5 VCs on the future of Michigan’s start-up community

The Michigan start-up scene is growing and venture capitalists see a number of essential areas of opportunities. What follows is a study of some of the leading VCs in the state and how they see COVID-19 affecting the development of Detroit, Ann Arbor and all of Michigan’s start-up environment. According to the Michigan Venture Capital Association (MVCA), […] What follows is a study of some of the top VCs in the state and how they see COVID-19 affecting the development of Detroit, Ann Arbor and all of Michigan’s startup ecosystem. Michigan has actually long been a hub for life science startups and the venture capitalists surveyed expect that to continue. When asked about leaders in the Michigan start-up scene, almost all of the VCs listed Duo Security founders Dug Tune and Jon Oberheide as key gamers. Surprisingly, few of the VCs in the study mention movement or vehicle as an emphasize of the Michigan startup scene, which runs counter to the nationwide narrative. What follows is a survey of some of the leading VCs in the state and how they see COVID-19 affecting the development of Detroit, Ann Arbor and all of Michigan’s start-up community….

Six leading investors evaluate the remote-work startup landscape

Six leading investors evaluate the remote-work startup landscape

The COVID-19 pandemic has shaken up the start-up world, slowing some high-growth unicorns and promoting others onto the sought after list. In the earlier-stages of start-up land, the very same patterns of velocity and braking can be found. TechCrunch wished to dig more deeply into the cohort of startups that are seeing velocity, so we create […] TechCrunch desired to dig more deeply into the accomplice of startups that are seeing acceleration, so we put together a list of financiers who have actually put money to work in startups constructing remote-work tooling and sent them a raft of questions. TechCrunch desired to know if remote-work start-ups have much better or even worse economics than other start-ups that are provided along similar channels (SaaS, and so on). Regardless, the wave of companies hunting up brand-new apps and services to fuel and empower their suddenly remote labor force is driving endeavor interest in the companies welcoming the need. Elliott Robinson, growth equity partner, Bessemer …

VCs are cutting checks from another location, but deal volume could be slowing

VCs are cutting checks from another location, but deal volume could be slowing

When COVID-19 started to shutter the United States economy, start-ups delved into cost-cutting mode as expectations increased that venture capital was about to get a heck of a lot harder to raise. After all, prior declines in the more comprehensive economy, and tech sector in specific, had actually taken a bite out of the ability for start-ups [ …] The Exchange explores start-ups, markets and cash. The historically grounded feeling from start-ups in Q2, as the stock market offered off and joblessness increased, was one of issue: VCs were about to cut their offer rate, and the number of dollars that they were willing to put into each deal would likely fall. We do not have full Q2 VC numbers yet, so it’s too soon to state that Q2 was even worse or better than expectations. The news isn’t all rosy– most VC firms from the 150 in North America and Europe that the endeavor group surveyed have yet to really carry out a remote deal. Just 4% of surveyed VCs said that they would not do remote deals, full-stop….