Community VC pipeline update 30/1
Jock Fairweather ??
I help early-stage founders uncover their early believers and turn them into incredible advocates and investors through a support community and CRM for founders, Iceberg.
Hi and welcome to the pipeline update for this week!
Feel free to reply directly back with any questions and we’ll update the pipeline and notify you along the way.
This week we’ve included:
Enjoy!
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Investment Committee recording:
Recording link here (56mins)
The recording has been broken down into shortcuts - see below.
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Community DD announcements:
Updates on talent progression for our two Community DD series’.
Vitadrop: (Column Z in the stackrank)
Available Remuneration: 1/5 - To due diligence participants of 1.2% fee on up to $1m
If you'd like to participate in this Community DD Series please follow this link.
We are looking for anyone who has invested in, worked in, had exits with or partnered with, or had experience in: Food and Beverage, Supplements, Retail, Wholesale, International markets, Sports, Influencers, Go-to-markets, F&B unit economics.
Astrix : (Column Y in the stackrank)
Available Remuneration: 1/5 - To due diligence participants of up to 6% syndication fee and 20% carry + 1.2% fee on up to $1m
If you'd like to participate in this Community DD Series please follow this link.
We are looking for anyone who has invested in, worked in, had exits with or partnered with, or had experience in: Spacetech, Aeronautical engineering, Defence, Governments, Solar, B2G, B2B enterprise sales, Large scale contracts etc.
New pipeline additions & changes:?
??? Added to the future watchlist: (columns C-D in the stackrank)
No changes.
?? We added to high-level DD: (columns F-I in the stackrank)
??? Secondz - Key updates - progressing to IC review
??? Powerdiverter -? Key updates -? progressing to IC review
领英推荐
??? Recime - New
??? Youpay - New
??♂?? Under review: (columns L-T in the stackrank)
??♂?? ?Screenapp, an ai platform that watches your videos for you and gives you the TL:DR and provides an interactive way to ask questions about what happened
??♂? Powertrip - The Global platform of choice for electrifying and managing and coordinating zero-mission vehicle fleets. An ecosystem platform that links all of the existing technical products in EV to enable large-scale transition and ongoing management of existing fleets to EV. Complex IP moat with great logos and network effects"
?? Live community DD ready: (columns V-W in the stackrank)
Vitadrop - Modern take on vitamin supplements. Encombent vitamin brands are boring AF. The team is full of branding and influencer experience and already has most major accounts + and inbound from many other major accounts to stock
Astrix - Astrix has designed a simple but highly effective deployment mechanism that unlocks the current constraints on solar arrays. We are halving the costs of current solar arrays and providing a plug-and-play system that is easily customizable, opening a secure supply chain in the process. This technology has been tested in space and is currently undergoing its final R&D for our first product.
??New additions - March Community DD Series’
?? ? Foodini - Marketplace platform for food preparation and service outlets (restaurants, cafe's, food services, hotels, casino's, sports arena's) and consumers who have unique dietary requirements (medical or lifestyle-related) facilitated via a mobile app.
Food discovery app for allergy?
?? ? Saferchoice -? The marketplace for paid intimacy as the first safe-end-to-end booking system > Likely to be our next community DD participant
?? Deployment update: ?New port-co re-rating
Our new return is 213.18% based on news of a portfolio company of ours, Algorai closing in on their next round with a c.25% uplift readying themselves for a 100m token launch later this year.
Algorai is an exact example of what we wrote about this week in our Community VC Investment thesis article - where you can get in early, exit early and use those funds to top up on another rocketship. Read more here.
?? Final calls for Xailient?
Our final calls are out to be part of our Syndication into Xailient - we’ve run a Community DD series on them which you can find here.
Syndicate fees are 6% upfront and 20% Carry.
Xailient fits almost exactly into our Community thesis which you can find here.
? Key links:?
Stay tuned for our Friday Community DD update!
Jock