What challenges do entrepreneurs face when raising Series A, and how can InvestHorizon help?
Entrepreneurs often underestimate the amount of capital needed and end up raising too little money. They also underestimate the time needed to raise and close the funding.
This is where InvestHorizon comes in, an Accelerator focusing on supporting deep tech entrepreneurs and their current (seed) investors to raise ambitious Series A investment. But how is InvestHorizon different from other initiatives? It has five key differentiating factors:
- Cohorts are selected (who have previous seed funding) based on their ambition and potential for Series A fundraising into pan-European sector-specialised Trust Groups operating mostly online
- Current or supporting investors of the deep tech companies actively support the Trust Group programmes
- The investment strategic proposition is reviewed and addressed through effective collaboration in the Trust Group online sessions
- The investor syndicate formation is strengthened and accelerated with the mutual exchange of contacts and introductions
- The InvestHorizon expert team has a collective experience of many years in successfully supporting SMEs in fund raising with their blue-chip network of investors
What impact can we expect from InvestHorizon?
The current InvestHorizon programme is the second iteration of an InvestHorizon initiative which ran from 2015-2017, and that was also led by Tech Tour. The first edition supported over 2000 innovative SMEs and over €120 million was raised by 33 of the participating companies.
InvestHorizon is a programme financed by the European Commission, in association with Eureka, to facilitate Series A funding for selected deep tech companies boosting their investment readiness and investor relations. The programme is run by a consortium coordinated by Tech Tour with 6 other partners: BPI France, Meta Group, EurA, BWCON, EBN, and IESE Business School.
More information on upcoming activities and how to apply for the next call can be found here: http://www.investhorizon.eu