INTELLI™ Dataset & Weekly Insights
Friday, October 28, 2022 | Volume 1 Series 20 | FT Top 1000, Q3 Geographic Trends, News, Updates, Recent Featured Fundings, and so much more!
🕑☕️ Happy Friday, one and all - how is it already November in just a few short days? We’re introducing our first “data-drop” today, and it comes with a whole year of an INTELLI™ Pro subscription!
And as for the rest of the newsletter, we’re in our last round of Q3 Updates, so grab your drink of choice, sit back, and relax as we take a look at INTELLI™’s round of updates.
🚨 FT 1000: The 6th Annual List of Europe’s Fastest-Growing Companies
As published on the Financial Times, “this latest FT-Statista ranking of fast-growing European companies illustrates the changing fortunes of some sectors since the Covid pandemic took hold, in 2020. The companies that made the final cut were sufficiently resilient — and, in some cases, lucky — to survive a collapse in demand caused by coronavirus restrictions, trade frictions due to Brexit, and a long-running global supply chain squeeze.”
Interested in purchasing the list of companies, their management teams & founders, and their contact information from INTELLI™? Over 700+ rows of contact information that you can get from us — send us a message here if you’re interested in a sample!
Top 10 Sectors on the FT1000 List (Count | % Change from Last Yr)
1. Technology (209 | -5%)
2. Construction ( 89 | -6.3%)
3. Retail (86 | +50.3%)
4. E-Commerce (65 | +67%)
5. Support Service (56 | -2%)
6. Health (43 | +72%)
7. Energy (42 | no change)
8. Industrial Goods (36 | -21%)
9. Advertising (33 | +11%)
10. Financial Services (28 | +33%)
Top European Countries on the FT1000 List
1. Italy
2. Germany
3. UK
4. France
5. Spain
6. Poland
7. Sweden
8. The Netherlands
9. Hungary (new entrant in the top this year)
10. Finland
And there are some interesting metrics regarding the leadership personnel of these companies as well.
Some of the prior experiences of these FT1000 CEOs:
Heavy consulting backgrounds…
1. Accenture
2. McKinsey & Company
3. Microsoft
4. The Boston Consulting Group
5. IBM
6. Goldman Sachs
7. EY
8. Freelance / Self-employed
9. Inkitt
10. Templafy
🌎 Here are Geographic Trends that were observed during Q3 of 2022
🌎 US: Top Equity Deals
Pie Insurance | $315M Series D - 6.2% of Total Funding | Allianz X, Centerbridge Partners, Acrew Capital, Gallatin Point Capital, Greycroft
Coalition | $250M Series F - 4.9% of Total Funding | Valor Equity Partners, Allianz X, Kinetic Partners
Pico | $200M Private Equity - 3.9% of Total Funding | Golden Gate Capital
Opto Investments | $145M Series A - 2.8% of Total Funding | Tiger Global Management, 8VC, Clocktower Technology Ventures, Fin Capital, HOF Capital
Avenue Securities | $93M Corporate Minority - 1.8% of Total Funding | Itau Unibanco
🍁 Canada: Top Equity Deals
Geeq | $25M Private Equity - 26.3% of Total Funding | Global Emerging Markets
ZayZoon | $10M Series A - 10.2% of Total Funding | Alpenglow Capital, Carpe Diem Capital Management, Prairie Merchant, InterGen Capital
Integral | $9M Seed VC - 9.0% of Total Funding | Electric Capital, Hustle Fund, MANTIS Venture Capital, Balaji Srinivasan, Diogo Monica
ProNavigator | $8M Series B - 8.0% of Total Funding | Graphite Ventures, Luge Capital, Tactico, Export Development Canada
Composer | $6M Seed VC - 6.3% of Total Funding | Left Lane Capital, Basecamp Fund, Draft Ventures, First Round Capital, Not Boring Capital
🌏 Asia: Top Equity Deals
DANA (Indonesia) | $555M Series A - 16.6% of Total Funding | Lazada, Sinar Mas Indonesia
Toss (South Korea) | $371M Series G - 11.1% of Total Funding | Altos Ventures, DAOL Investment, Goodwater Capital, Greyhound Capital, Korea Development Bank
Guesty (Israel) | $170M Series E - 5.1% of Total Funding | Apax Digital, MSD Partners, Sixth Street Growth, Flashpoint Venture Capital, Viola Growth
HiBob (Israel) | $150M Series D - 4.5% of Total Funding | General Atlantic, Bessemer Venture Partners
Carrot General Insurance (South Korea) | $145M Series A - 4.3% of Total Funding | Affirma Capital, Altos Ventures, STIC Investments, Hanwha Group
🌍 Europe: Top Equity Deals
Klarna (Sweden) | $800M Private Equity - 22.9% of Total Funding | Sequoia Capital, BESTSELLER, Commonwealth Bank of Australia, Silver Lake, CPP Investments
wefox (Germany) | $400M Series D - 11.4% of Total Funding | Mubadala, Horizons Ventures, OMERS Ventures
Velas (Switzerland) | $135M Undisclosed - 3.9% of Total Funding | GEM Digital
YuLife (United Kingdom) | $120M Series C - 3.4% of Total Funding | Dai-ichi Life Insurance, Anthemis, Creandum, Eurazeo, Latitude
Casavo (Italy) | $103M Series D - 2.9% of Total Funding | EXOR, 360 Capital Partners, Bonsai Partners, Greenoaks Capital Management, Picus Capital
🌎 Latin America and Carribean: Top Equity Deals
DD360 (Mexico) | $91M Undisclosed - 17.0% of Total Funding | Creation Investments Capital Management
stori (Mexico) | $50M Series C - 9.4% of Total Funding | BAI Capital, GGV Capital, GIC, General Catalyst, Lightspeed Venture Partners
Creditas (Brazil) | $50M Series F - 9.4% of Total Funding | Andbank
Deribit (Panama) | $40M Series A - 7.5% of Total Funding | 10T Fund, Akuna Capital, QCP Capital
Geopagos (Argentina) | $35M Venture Capital - 6.5% of Total Funding | Riverwood Capital, Endeavor
🌍 Africa: Top Equity Deals
TeamApt (Nigeria) | $50M Series B - 31.0% of Total Funding | QED Investors, British International Investment, Novastar Ventures, Lightrock
iiDENTIFii (South Africa) | $15M Series A - 9.3% of Total Funding | Arise, Sanari Capital, Bill Spruill
NowNow (Nigeria) | $13M Seed VC - 8.1% of Total Funding | NeoVision Ventures, DLF Family Office, Shadi Abdulhadi
KuCoin (Seychelles) | $10M Corporate Minority - 6.2% of Total Funding | Susquehanna International Group
Turaco (Kenya) | $10M Series A - 6.2% of Total Funding | AfricInvest, Novastar Ventures, Zephyr Acorn, Enza Capital, Operator Stack Fund
🌏 Australia: Top Equity Deals
Sphynx Labs (New Zealand) | $50M Private Equity - 34.6% of Total Funding | Global Emerging Markets
mx51 (Australia) | $22M Series B - 15.5% of Total Funding | Acorn Capital, Artesian Capital Management, Commencer Capital, Mastercard, Rampersand
Shaype (Australia) | $21M Series C - 14.9% of Total Funding | Regal Investment Partners
InDebted (Australia) | $16M Series C - 10.8% of Total Funding | Perennial, Carthona Capital, MassMutual Ventures
Refundid (Australia) | $12M Seed VC - 8.3% of Total Funding | Salesforce Ventures
📈 Crypto Seems To Stabilize Despite Inflation (Full Story Here)
“Stability” and “crypto” are not two words normally associated with each other, but hey, these are strange times.
October has seemingly brought some stability to what has been a tumultuous time for crypto, as large cryptocurrencies like Bitcoin and Ether seem to have found a level — at least for now.
While the markets have held reasonably strong for the past month, concerns about inflation, interest rates and the strength of the dollar continue to swirl.
Crypto is perhaps working more like it was supposed to when DeFi originated. Or maybe it’s just a brief blip and high volatility will return.
🦄 Renters Reward Startup Hits Unicorn Status
New York-based Bilt Rewards hit unicorn status after closing a $150 million growth round at a $1.5 billion valuation.
Bilt’s platform allows renters to earn points and miles while also increasing their credit scores by simply paying their rent.
📊 Stat of the Week
Neobank open banking APIs are by far the fastest; whereas traditional banks are the slowest, with a 300ms difference. (Source: UK Open Banking API Performance)
In the US, 76% businesses still use checks once a year, 73% use ACH, 68% use corporate cards and 67% use credit cards. In Europe, ‘only’ 61% of businesses use checks. (Source)
💰 INTELLI™ Featured Investments
SiMa.ai, a San Jose-based machine learning company, raised $67 million in Series B1 extension funding led by MSD Partners and Fidelity Management & Research Company.
Ionblox, a Fremont, California-based lithium-ion cell company, raised $24 million in Series B funding led by Lilium, Applied Ventures, and Catalus Capital.
RightMove, a New York-based virtual musculoskeletal physical therapy provider, raised $21 million in Series A funding led by Hospital for Special Surgery and Flare Capital.
Cinchy, a Toronto-based dataware technology company, raised $14.5 million in Series B funding led by Forgepoint Capital.
Fun, a San Francisco-based blockchain software development company, raised $3.9 million in pre-seed funding led by JAM Fund and joined by investors including SOMA Capital, NOMO Ventures, Great Oaks Venture Capital, and investor Cory Levy.
Sidekick, a London-based digital active investment management company, raised £3.33 million ($3.82 million) in pre-seed funding led by Octopus Ventures and joined by investors including Seedcamp and Semantic.
🤝 Recent Acquisitions
INELO is a manufacturer of driver analysis and billing software has a pending acquisition by Eurowag is a integrated payments & mobility platform for 306M EUR.
Australian Lamb which specializes in the production and distribution of meat was acquired by Minerva Foods Australia, a joint venture established by Salic and Minerva in Australia for 400M AUD.
Gelnex Gelatin, a global manufacturer of gelatin and collagen peptides has a pending acquisition by Darling Ingredients, an agri-food company that reduces food waste from animal-based co-products and other natural materials for $1.2B.
AVEO, a biopharmaceutical company that offers drug development strategies for targeted cancer therapeutics was acquired by LG Chem, a chemical company for $566M.
Tune in next week for more updates brought to you by PreIPO INTELLI™