VentureWave leads $40M investment in Funderbeam, welcome to Climb23, Private Market for investor networks
VentureWave leads $40M investment in Funderbeam!
Irish-based venture private equity group VentureWave Capital is taking a strategic majority stake in Funderbeam to create a leading global entity serving institutional and angel investors in venture deal execution and secondaries.
Following the completion of the transaction, the group will target the entire life cycle of global venture investments and secondaries, from early-stage angel funding until pre-IPO secondaries.
Co-investors in the round include Mistletoe, Draper Associates, and Kaidi Ruusalepp, the founder of Funderbeam.
“This transaction creates a powerful platform to fast forward Funderbeam’s vision which is to serve venture investments across borders and create a unique secondary market for private assets. The timing of the transaction couldn’t be better - we are strong at a time when the market is ready for our solution,” said Kaidi Ruusalepp, founder and CEO of Funderbeam.
“VentureWave’s investment in Funderbeam is a game-changer for the industry, shaping the future of venture markets and enabling access to global venture deals and secondaries. Together, we have the necessary assets, technology, and capital to take on the entire venture investment life cycle. This represents a transformative moment to put impact at the centre of the investment industry," said Alan Foy VentureWave Chairman.
Welcome to Climb 23!
We are happy to be partnering with Investor Ladder for the Climb23 festival with our very own Managing Director of UK Oli Harris hosting a roundtable on syndication (and secondaries) for investor networks.
In the roundtable, we'll broadly cover;
领英推荐
* Structure Options - yes, the fabled 'SPV' and what different legal structures are actually called and how they work.
* Regulation - What you should and shouldn't do as an investor network and what regulated entities like us provide you to help do more.
* Regulation Part 2 - What is coming down the track from the FCA in July
* Syndicating deals across borders - how to understand local securities law and nuance
* Benefits to founders of offering a compliant financial promotion to investors when fundraising
* Secondaries - Liquidity options for founders, investors and what options there are for later funding rounds.
Funderbeam Private networks for angels and networks
In case you have missed - Funderbeam Private Market enable companies to run private syndications and secondaries within a secure, private space on Funderbeam. You can syndicate new rounds and list existing investments for trading in a private marketplace.