The European Investment Landscape Sia Houchangnia - June 22nd@SiaHouchangnia

Seedcamp is a founder’s first round fund. We invest smart capital into pre-seed

and seed stage startups, providing up to €200k and a lifelong platform of Learning, Network and Capital

to support the most ambitious Founders.

“

”

The access to capital

$420MTotal FundingRaised by companies since 2007

19%

81%

of Seedcamp backed companies raise follow-on funding

84%500 Total

investors

120 US investors

Some of the top VCs our companies are raising from

The Big Picture

The generational effect

1990s

2000s2010s

1st generation 3rd generation

2nd generation 4th generation

Supernova Silicon Valley Pre 90’s 90’s 00’s 10’s

90’s 00’s nowadays

2nd generation

In EU

3rd generation1st generation

European Unicorns 2016: Survival of the fittest, GP Bullhound, June 2016

More and more European success stories

Country UK SWE GER FR ISR FIN RUS ITA NED IRL

Cumulative value (in Bn) $39.6 $31.1 $20.8 $7.2 $3.4 $9.3 $8.0 $4.0 $2.3 $1.6 $1.1 $1.1 $1.0

# of unicorns 18 7 6 3 3 2 2 1 1 1 1 1 1

LTM Additions 2 1 2 0 2 0 0 0 0 0 1 1 1

The European tech “Mafias”

The State of European Tech, SLUSH & ATOMICO, Nov 2015

Where is the capital coming from

Leading global VC firms

Large European VC firms

Emerging European VC firms

A maturing VC scene

A growing interest from the Americans

The State of European Tech, SLUSH & ATOMICO, Nov 2015

(SWE)

(GER)

(SWE)

(GER)

(SWE)

(GER)

(GER)

(UK)

(SWE) (UK)

(SWE)

(UK)

(UK)

VC Selected investment in Europe

(UK)

(UK)

Value add angels with exited experience

Barry Smith co-founder Skyscanner

Christophe Maire founder

Atlantic Labs

Jonathan Galore co-founder Wealthfront

Ed Wray co-founder

Betfair

Shakil Khan Advisor &

Investor Spotify

Errol Damelin founder Wonga

Jeremy Yap Investor

Citymapper

Will Neale founder Grabyo

Chris Mairs CTO

Metaswitch

Alex Chesterman founder Zoopla

Turi Munthe Founder Demotix

Russell Buckley founder AdMob

Gil Dibner Investor

The Gifts Project

Doug Scott founder

Potential VC

Richard Reed founder

Innocent Drinks

Gabbi Cahane founder

Cahane & Associates

Peter Read Advisor Skype

Sherry Coutu Investor Zoopla

Richard Fearn Investor Lystable

Scott Sage Investor

Lyst

Other sources of funding

Crowdfunding platforms Venture Debt Corporates & Family

Offices Public Capital

The Takeaways

Investors are cautious, expectations are raising

Focus on tangible proof points

http://christophjanz.blogspot.com/2016/05/what-does-it-take-to-raise-capital-in.html

Raise enough to reach your next milestones

Be resourceful and find your own route

The Atomization of Seed Venture Capital Rounds, NextView, June 2016