Success requires more than capital.
Let’s work
We are grateful to have partnered with founders who reflected our values of honesty, persistence, and open-mindedness, and have accepted us on their journeys. Find out
Visionaries see the future now
We believe that successful founders live in the future, and we are waiting for the right founders to convince us of their future, no matter at what stage the company is now.
Our Criteria:
allow us to be transparent and patient
First Round:
We invest a maximum of 100K USD on our first round, unless there is strategic overlap with core businesses, or extraordinary circumstances.
Follow-On Round:
Our due diligence process does not end after the first round.
We leverage the experience investing during the first round and collaborating in the following growth of our partners to assess the compatibility between us.
We invest in follow-on rounds depending on this process:
we may not invest further even if the company shows great promise, if the fit is low;
we may invest pro-rata, if the company shows promise and an adequate level of compatibility;
we may invest to increase our holdings to a maximum of 5%, if the company shows both great promise and a high level of compatibility.
and lastly, we will always invest in the next round, if the founder asks for solidarity.
Industry:
We invest in life science, material science, and opportunistic and synergistic SaaS.
Our Founders:
Lessons, hard learned:
Case One:
The Flaw:
Too many gatekeepers on the path to success
The Lesson:
Beware of putting too many eggs in one basket, and trusting people who promised to help without aligning interests with them
Case Two:
The Flaw:
Having no one to share the burden of decision making and burning out
The Lesson:
Find and nurture teammates early, and create a system for honest communication and feedback
Case Three:
The Flaw:
Giving the team too much freedom and too little support
The Lesson:
Ask for guidance on culture after crossing the initial chasm, because culture informs action
Case Four:
The Flaw:
Becoming reliant on government subsidies and grants
The Lesson:
Avoid money with a catch that limits your action or distracts from your priorities
