This month at Balderton - the 2024 Founder Wellbeing Report, and new portfolio milestones

In our second annual survey, we asked Founders and CEOs across Europe about the key challenges they face when it comes to looking after their wellbeing and performance.?They told us:?

• 70% agree that burnout due to stress remains a significant problem in the startup ecosystem.
• 42% report personal financial stress has sometimes distracted them from running their business.
• Only 33% often turn to their investors for professional support. Instead, many lean heavily on personal relationships, which are deteriorating as a result, causing further stress.
• 23% find it very or extremely difficult to adapt their leadership style to meet the needs of their company as it grows.

At Balderton, we continue to believe that supporting the wellbeing of founders so they can perform at their best over a long period of time is not just the right thing to do - but makes clear business sense as well. Hear directly from Tim Guilliams, co-founder and CEO of Healx, about how the Founder Wellbeing and Performance programs have helped him in an exclusive interview with Forbes.??

News highlights from our?portfolio

Wayve expanded its presence in the US with a new office and the launch of on-road testing in the Bay Area.?Learn more ?

Convergence released Proxy: Enterprise, a personal assistant that will revolutionise how enterprises work. Learn more ?

Cleo founder Barney Hussey-Yeo sat down with Inc to tell his story as a first-time founder who has raised $140M to build a personal finance AI assistant. Learn more ?

Kaia Health appointed Adam Pellegrini as Global CEO and launched the first digital pulmonary rehab program in partnership with the COPD Foundation.?Learn more ?

Carwow announced the acquisition of GRIDSERVE Car Leasing, as part of its plans to rapidly accelerate its mission to be the online car-changing marketplace. Learn more ?

Voi Technology appointed ?sa Christiander as its new Head of Sustainability, driving the company's ambitious plans to become fully circular. Learn more ?

SWEEP , Sylvera and Supernormal were all highlighted highlighted in WIRED's 100 Hottest Startups in Europe.?Learn more ?

The latest from our team

We were delighted to host the Balderton CTO Summit in Paris last week. The event included insightful discussions on everything from how to scale your engineering team, to which observability and security tools technology leaders value most today, as well as great networking opportunities and lasting peer-to-peer connections.

Thanks to all those who came, we look forward to the next one!

We are delighted to welcome Thor Mitchell as our new Executive in Residence, focused on product. Thor previously led product management at Google and Miro and has over 10 years of experience building product teams at early and growth companies across the globe.?Learn more

Bernard Liautaud sat down with Maddyness France for an in-depth interview covering his journey as an entrepreneur, our latest funds, and what makes a great founder.?Learn more ?

James Wise spoke to Bloomberg about the UK's ambitions to become a global leader on AI.?Learn more ?

Rana Yared contributed to Founders Forum's 100 Women Founders to Watch report, sharing her top tips for female founders. Learn more ?

Leah Sutton launched our new leadership development program, Leading Through Scale, with a selection of growth stage CEOs from our portfolio at Balderton HQ this week.?Learn more ?

Laura McGinnis wrote an article on deception technology, diving deep into the latest market trends and opportunities for founders.?Learn more ?

colin daymond hanna joined the Venture Europe podcast for a conversation on entrepreneurship in Europe, his journey into venture, and what makes a great founder-investor relationship.?Learn more ?

Daniel Waterhouse shared his personal reflections on this year's founder wellbeing survey, including lessons learned from our program over the past year.?Learn more ?