AWS FinTech Accelerator

Amazon Web Services has launched AWS FinTech Accelerator, an equity-free programme that aims to support the growth and scale of exciting, high-potential fintech startups. The initiative is supported by Vestbee, one of the largest European platforms for startups, VC funds, accelerators and corporates, as well as selected fintech experts, and investors representing some of the world’s most well-known companies.

The applications are open for early-stage startups at the pre-seed, seed, and Series A stage, developing an innovative solution in the United Kingdom and Ireland.
Teams aiming to set up businesses in these fintech hubs are also invited to participate. The startups should be operating in the following sectors (although, others are also welcome):
• Open & Embedded Finance, 
• Big Data & AIML,
• Blockchain & Decentralised Finance, 
• FinTech-as-a-service, 
• Financial inclusion & Sustainability
Applications for the programme will close on July 22nd. The acceleration program will start in September, ending with a Demo Day on October 27th. 

Apply to the AWS FinTech Accelerator HERE via the Vestbee platform before 22nd July 2022.

I do not believe in life/work balance. I believe in life and loving what I do. #entrepreneurship is not about money. It’s about freedom and being able to do what you want when you want. That’s why it’s important to find work you love and can live with.

©️ Kevin O'Leary

Hey GoGlobers!
We are pleased to announce our new partnership with Sanctions Law Consulting!

In today's international business, it is essential to conduct a business that is compliant with local and global regulations and sanctions. The best solution for these purposes is the compliance system in your company.
They have prepared for you a podcast recording on the topic: Global Compliance in Business yourselves. Sanctions. Trade regulations. Privacy Law. AML.
Watch here

For GGW community members get a 10% discount on their services.

Learn from the Giant Tech. See the revenue models

https://www.linkedin.com/posts/go-global-world_how-do-big-tech-giants-make-their-billions-activity-6954570883319435264-92Ke?utm_source=linkedin_share&utm_medium=ios_app

Hey GoGloberes!
We invite you to watch the podcast with Georgi Koreli "Idea Validation. How to bet on the right startup idea. Pre-MVP".

How would you do this?
a.​People search/ask for it
b.​Smoke test
c.​Kickstarter/GoFundMe

After you validate the concept, you must validate your proposed implementation.

Ways to do this?
1. Design sprint
2. Selling the product before building it
3. People have a tendency to be overly positive, so it`s crucial to use 5 whys technics to learn the root cause of the problem/how relevant is implementation

The most important thing to determine is if your hypothesized target audience is desperate for your product.

Is your target audience desperate for your product?

AM Ventures extrudes $100M to support industrial 3D printing

Munich-based AM Ventures just closed a $100 million fund focusing specifically on the early growth stages of industrial and commercial 3D printing applications. Investing internationally, the firm went from a de facto family office to a multi-LP VC firm.
The firm’s portfolio to date spans 18 companies across three continents. It lists Headmade Materials, LightForce Orthodontics and Conflux Technology among some of its marquee investments. The picture at the top of this article is the cleanroom at Scrona. The firm led the $9.5 million financing into the ultra-high-resolution 3D printing company that can print finely enough to aid in semiconductor and display manufacturing. 

More read

©️TechCrunch

All the new first-time European VC funds of 2022 from Sifted

Launching a new fund in 2022 is, over the long term, likely to prove a better bet than launching a new fund in the frothy days of 2021.
Valuations have come down at later stages, and startups aren’t raising “silly money” like last year, which means VCs can get more bang for their buck.
From January to June 2022, VCs in Europe raised almost €12bn in fresh capital. Around €2bn of that was raised by new funds — either from first-time fund managers, or from established fund managers launching a new specialist fund. 

So, who are the new kids on the block?

1. Kiko Ventures
HQ: UK
Fund size: £375m
Focus: Climate tech
Stage: Pre-seed to Series B

2. Synthesis Capital
HQ: UK
Fund size: $300m
Focus: Foodtech
Stage: Seed to Series C

3. Plural
HQ: UK
Fund size: €250m
Focus: Climate tech, healthtech, edtech, regulation
Stage: Early-stage 

4. Northern Gritstone
HQ: UK
Fund size: £215m
Focus: University spinouts 

5. Invest-NL
HQ: Netherlands
Fund size: €250m
Focus: Climate tech, deeptech

6. 10x Founders
HQ: Germany
Fund size: €160m
Focus: Generalist
Stage: Pre-seed and seed

7. Climentum
HQ: Copenhagen, Berlin, Stockholm
Fund size: Targeting €150m
Focus: Climate tech
Stage: Seed and Series A

8. Green Generation Fund
HQ: Berlin
Fund size: €100m
Focus: Climate tech, food tech
Stage: early stage

9. AENU
HQ: Berlin
Fund size: €100m
Focus: Climate tech
Stage: Seed to Series A 

10. Sustainable Future Ventures
HQ: UK
Fund size: €100m
Focus: Climate tech
Stage: Late seed to Series B 

More read

©️sifted

Pivoting.
When should you pivot?
1. When the heuristics say you haven’t found product-market fit?
2. How long should you give it?
3. What’s the difference between a pivot and a restart?

See Georgi Koreli's video podcast here

#Pivot #Pivoting #Startups #HowtoPivot

Creating a pitch deck is a challenge. At the end of the day, it's a tool that helps to raise capital. How to create the right pitch deck that really works and can lead to getting funded?

Danil Kislinskiy, the founder of Go Global World, gives an ultimate guide on the most important slides and how to make them well.

Watch here

Remarkable story and learnings from Nikil Viswanathan had built 12 failed products, was unemployed for 10 years, and had built the foundation of this future as well as his hyper-growth decacorn Alchemy.

Author and the event host Georgi Koreli

Please like and share. Read it here.

Meet Cornerstone VC

"Born out of a Black-led angel group, Cornerstone VC has just raised a £20m fund to back the “1% of the 1%” of diverse UK founders. And, with backers like Series A+ VC firm Atomico, it hopes to help these founders raise more money further down the line too. 

• Cornerstone VC wants to back diverse founders and looks at diversity in two ways — inherent (age, ethnicity, gender — with a focus on ethnicity for now) and acquired (education, languages spoken). 
• Startups can apply via its website — no need for a “warm intro”. 

More read
©️Sifted

How two teens built an app worth $900 million — Zepto’s founders share three tips
1. Talk to customers 
2. Fall in love with your product 
3. Be accountable 

"Going in with the mindset that you’re wrong and learning where to get right … that journey has been humbling."

More read

Hey GoGloberes!

What’s Intellectual Property got to do with you?
Intellectual property is about ideas and their ownership, and it's basically about the rights of creators to make money from their work. Intellectual property is so pervasive in today's world that we thought you ought to know a little bit about it. We have discussed TOP 5 Mistakes in the three major elements of IP: Copyright, Patents, and Trademarks with Philip Dobrev - co-founder and CCO of an IP attorneys marketplace ipnote.pro with users from 135 countries will reveal IP secrets and provide ways to avoid common issues.

Watch here

Most Active US Investors For July: Y Combinator, Elevate Ventures and Andreessen Horowitz Lead The Way In A Slow Month

"While July’s list of most active investors in the U.S. includes familiar names such as Y Combinator and Andreessen Horowitz, some of the other large firms that normally populate this list seemed to take the long summer month off.
Big-name firms such as Tiger Global, Insight Partners, General Catalyst, Accel and Sequoia Capital all were significantly lower on the list than normal. In fact, Tiger made only six U.S.-based investments in July—the hedge funds giant took part in 16 deals in July 2021."

But as we are often reminded, this is not 2021 anymore.
Take a closer look at the most active investors in U.S.-based startups last month and some interesting rounds they took part in here from News.Crunchbase.

"Web3 esports platform FITCHIN has raised $3.5 million in a seed round featuring business angels in the cryptocurrency world as well as venture capitalists, gaming personalities and athletes.
FITCHIN is a Web3 platform that bridges the global gaming community with esports teams and content creators.
...
The company also announced the appointment of Joe McCann, former Microsoft strategist and notable crypto entrepreneur, as an Official Advisor. Specifically, he will serve as a lead business growth and strategy advisor for the company’s executive team as the platform grows."

©️LatamList

Hi everyone, join me on our co global networking event in 10 minutes
https://zoom.us/j/5109901827

Colombian startup that connects companies and customers through WhatsApp, raises $15 million in Series A

"With this investment, Treble.ai essentially seeks to enhance its product, accelerate its international expansion, and hire more high-level collaborators for all teams.
Treble.ai, the startup that connects companies and their users through WhatsApp, raised an investment of $15 million in the Series A round, with Tiger Global as its main investor, followed by names such as Twilio Ventures and FundersClub, in addition to the angel investor Gokul Rajaram.
The startup, which was born in 2019 and founded by Felipe Otalora, Sebastián Valencia, and Daniel Martínez, has automated since its launch and to this day, more than 70 million conversations between consumers and brands on WhatsApp, serving and connecting through the use of artificial intelligence, more than 260 companies throughout Latin America, as well as in various countries in Europe and even Asia."

More
©️Entrepreneur.

Q2 2022 European VC Valuations Report from PitchBook:

"Despite falling public tech stocks and a bleak market outlook, European VC valuations still paced above last year's figures through June 30. VC dealmaking in Europe remained strong, helping keep valuations afloat. Yet as the year progresses, the full impact of a downturn may cause startup price tags to deflate.

Our Q2 2022 European VC Valuations Report explores how valuations fared across stages, sectors and geographies, and what current market conditions may mean for the future. Key takeaways include:
• Early-stage European valuations remained relatively insulated from public market volatility, currently pacing 34.1% higher than in 2021.
•
• The number of down rounds ticked upward slightly to stand at 15.4% of deals closed in H1.
•
• The total worth of European unicorns grew 35%, mostly due to strong dealmaking in Q1.
•
• A significantly quieter IPO market has seen public listing exit valuations drop by 57% from 2021's annual total."

Hey GoGloberes!

We invite you to our next meeting for new useful acquaintances. We are a global community for international founders and we seek to unite you so could be able to help each other.
This is the link to register