We review every submission and provide personal feedback to all applicants.
However, before submitting your deck please review our FAQs for eligibility:
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Unfortunately not. The best way to start our process is to submit the 30-second form with a link to your deck at the end of this FAQ section.
WE DO NOT ACCEPT APPLICATIONS VIA EMAIL OR LINKEDIN so please don’t spam our inbox.
We provide personal feedback to all applicants via Telegram or WhatsApp, and if your startup is relevant to our thesis, we'll invite you to a call! We review opportunities on an ongoing basis so expect to hear back from us within a few weeks from the day you applied.
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Yes, if your solution is not blockchain-focused and does not monetize business users then are not the right investors for you.
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Yes. Although we like European founders, we recognize winners can come from anywhere and therefore our investment mandate is global.
As a side note, we're also genuinely inclusive!
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Our standard investment is a $150k SAFE for 2-6% equity, which means your post-money valuation will be $2.5-7.5MM (check our valuation calculator).
It may be part of a larger round you're raising, but our added value will be most impactful at pre-seed!
We don't invest at a $15MM valuation pre-revenue... Sorry :)
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Our SAFE includes a token clause.
However we are equity-first and unlike other investors you may have encountered in your fundraising journey, we're not interested in making quick cash by dumping your token.
We do NOT invest in Crypto.
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We believe execution makes all the difference so we invest in validated MVPs, not ideas on a deck.
No validated product = no investment.
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If we both agree there is a fit after our first call we will initiate due diligence (don’t worry we will provide you with data room guidelines).
Our process has 3 phases: an interview phase, a due diligence phase, and a negotiation phase.
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We ask you to wait at least 6 months before you reapply. We're all on a constant journey of improvement and we appreciate you can iterate/ pivot in half-year.
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Absolutely not! That would be unethical. Our Go-To-Market bootcamp is our added value to founders as investors. We are not service providers and will never charge startups.
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Nope. The two sides of our deal don't exist without one another.
All our investments are expected to attend our bootcamp in Lisbon, in person. You will receive full support from our team with logistics during your stay.
We invest on a cohort basis but our timelines are flexible (i.e. We may invest immediately and ask you to join our next cohort).
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We're nurturers as much as we are investors. Our promise to you as partners is that we will support you in your entrepreneurial journey during the toughest time, which is the start.
We’ve been in your shoes, and we’re here to help you build a revenue-generating business, not just a blockchain product.