4th Quarter blues, the $ is due…
The fourth quarter is typically when VCs seek new investments in startups and drop those failing, “rebalancing” their portfolios.
On the other hand, in the fourth quarter, startups must assess their product roadmaps, equity, and debt and determine whether to continue or pack up their laptops and hit the road.
Yes, the fourth quarter is when the VC “comes a-knockin,” expecting notes paid out if no acquisition or IPO is on the horizon.
Notable trends this week…
- Double-digit deals are back!
- Deals across the globe with fewer stateside
- Payments and Fintech continue to lead in funding
Up next are this week’s top 5 VC deals…
1OneChronos
$32M, Capital | Equity | NYC | Fintech | Addition | https://www.onechronos.com/
LinkedIn Overview:
“The Smart Market for Institutional Investors OneChronos is a U.S. equities ATS designed bottom-up to fundamentally address the growing gap between how trading venues...“
2Monkey Tilt
$30M, Series A, Capital| Equity | Nevada | Crypto | Pantera Capital, Polychain Capital, PokerGo, Hack VC, Dream Ventures, Accomplice, Mirana, Josh Hannah | https://www.monkeytilt.com/en-ca
LinkedIn Overview:
“At Monkey Tilt, we’re pioneering a new era of entertainment by seamlessly blending the excitement of traditional casino play with cutting-edge crypto innovation…”
3CellPoint Digital
$39M, Capital | Equity| UK | Payments | Toscafund, Penta Capital | https://cellpointdigital.com/
LinkedIn Description:
“CellPoint Digital is on a mission to make payments a strategic advantage for businesses in the air, travel, and hospitality sectors...“
4Minu
$30M, Series B, Capital| Equity | Mexico | Fintech | QED, Endeavor Catalyst, Next Billion Capital Partners | https://www.minu.mx/?s=lkin
Website Description:
“Build employee loyalty and increase your company’s productivity with our employee benefit plans that promote talent retention...“
5Goodstack
$28M, Series A, Capital | Equity | UK | Fintech | General Catalyst, Morpheus Ventures, Repeat | https://goodstack.io/
LinkedIn Description:
“Our mission at Goodstack is to make it easy to do good on a global scale.We empower companies to seamlessly integrate positive impact into what they do through a unified platform…”
