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Vitech VC activities show $3.88 Billion capital invested in FinTech during July 2022 with 281 deals being done (down 23%). Below is a data dump of information, a cartoon, and as always look at our goal of find people with ideas that take action in person with their own capital.

GOAL: To find people that like to laugh and meet with peers that are active investors in charity and investing (we have strategy to bring the two together).

QUOTES: “We’re talking about payments, customers care about shopping.” – Ranjit Sarai, President’s Choice Financial

GOODREAD:

Despite the ongoing market turmoil and crypto market meltdown, long-term transformational trends in the fintech sector such as mobile trading apps and digitized financial services have continued to attract strong venture investment in 2022.

Fintech startups collected $53.5 billion in VC funding in the first half of the year, behind 2021’s pace but already surpassing 2020 totals, according to PitchBook data.

While some areas of fintech—such as neobanks and real estate lending platforms—are maturing and attracting more late-stage capital, other areas—such as decentralized finance and autonomous finance—have just begun raising early-stage institutional capital, according to PitchBook’s Q2 2022 Fintech Report. 

Read more: https://pitchbook.com/news/articles/top-fintech-vc-investors-list

DATADUMP (interview for the group for full data)

The company raised $800 million of venture funding from Bestseller, Silver Lake, Sequoia Capital and Commonwealth Bank of Australia on July 11, 2022, putting the company’s pre-money valuation at $5.9 billion. Mubadala Investment Company and Canada Pension Plan Investment Board also participated in the round.

The company raised EUR 530.97 million of Series C venture funding in a deal led by Target Global on June 1, 2021, putting the company’s pre-money valuation at EUR 1.92 billion. CreditEase and 28 other investors also participated in the round. The funds will be used for expanding into the US and Asia within the next two years while strengthening the company’s presence in its existing markets in Germany, Austria, Switzerland, and Poland. Recently, the company raised $400 million of Series D venture funding led by Mubadala Capital-Ventures & Invest ADEurazeo, and participted by Horizons Ventures and Target Global on July 12, 2022, putting the company’s pre-money valuation at $4.1 billion. OMERS Ventures and LGT Capital Partners also participated in the round.

The company raised $220 million of Series C venture funding in a deal led by Tiger Global Management on July 27, 2022. GV, Insight Partners, Accel, and 6 other investors also participated in the round. The funds will be used to expand the capabilities of the company’s platform, toward supporting the developer ecosystem, onboard thousands of new developers, and support them in their buy-to-build journey while continuing to expand our global network of institutional partners.

The company raised GBP 165 million Series D venture funding from BNP Paribas and M&G Investments on July 6, 2022. The funds will be used in widening the company’s customer outreach to more businesses and improving on export financing services.

The company raised MYR 750 million of venture funding in a deal led by Lazada on July 25, 2022. Touch ‘n Go also participated in the round. The funds will be used to continue to expand in all areas of digital financial services and ensure that user base is served in an innovative and inclusive manner.

The company raised $122 million of Series B venture funding through the combination of debt and equity from MasterCard, Goldhouse Capital and the Asian Hustle network on July 21, 2022. Morgan Stanley and Hyphen Capital also participated in the round. A $100 million of debt financing in the form of a loan was provided by Silicon Valley Bank. The funds will be used to expand its credit product offerings including auto loans and mortgages with its innovative underwriting solutions.

The company is in talks to be acquired by Itaú Unibanco Holding (BVMF: ITUB3) for an undisclosed amount as of July 8, 2022. Also on July 8, 2022, the company raised BRL 493 million of venture funding from Itaú Unibanco Holding.

Should find funny quotes and cartoons (or am I lazy today?). Happy National Lazy Day!

GOAL: To find people that like to laugh that are active in charity and investing in deals. We are looking for few good former CEOs to help lead peer groups of CEOs with $3 million plus EBITDA. Our group had 7+ Unicorns in 28+ deals in the last two years.

FAST QUOTE:

“Call me lazy, but changing quotes is easier than making your own ideas” – Quest Who

“Pick lazy person to do a hard job as they will find easy solution” – Bill Gates? Frank Gilbreth Sr., Clarence Bleicher? Walter Chrysler? Apocryphal? Anonymous? Universal Truth? Here possible answer: https://quoteinvestigator.com/2014/02/26/lazy-job/

More quotes after cartoons!

Pick a quote for this photo based on trying to be funny!

1. I am making a Meta shoe to workout in the Meta Universe.
2. The perfect shoe to kick your lazy ____ in the virtual world.
3. Create your own caption for this photo

LAZY QUOTES

“Procrastination is my sin. It brings me naught but sorrow. I know that I should stop it. In fact, I will–tomorrow”
― Gloria Pitzer

“We often miss opportunity because it’s dressed in overalls and looks like work”― Thomas A. Edison

“Progress isn’t made by early risers. It’s made by lazy men trying to find easier ways to do something.”― Robert Heinlein

“Inspiration is a guest that does not willingly visit the lazy.”
― Tchaikovsky

“I’ve heard that hard work never killed anyone, but I say why take the chance?”
― Ronald Reagan

“Procrastination is my sin. It brings me naught but sorrow. I know that I should stop it. In fact, I will–tomorrow”
― Gloria Pitzer

“Both teachers and learners go to sleep at their post as soon as there is no enemy in the field.”
― John Stuart Mill, On Liberty

Other quotes welcome!

My goal is to find new members for new very private group based on my senior executive advisor (S.E.A.) program.

1. You know how to laugh (see test cartoons below),
2. You are an active investor,
3. You are active in financially supporting charities,
4. Most importantly you like to learn and teach others!

Not the best cartoons but look forward to your feedback!

There has been $277 capital investment in Application Software during July 2022. A 30.18 decrease from June 2022 in 53 deals.

GOAL: To find people that like to share ideas with focus on co-investing in deals and sharing ideas on charity. We will have two groups with one focused on data and on focused on fun alongside data.

Data for our group anytime from Pitchbook and other sources.

We are still working under beta testing and welcome ideas and suggestions.

MY GOAL: To find people that like to share ideas and have laugh based on being active investors and supporting charity.

CARTOONS AND QUOTES

FAST QUOTE: “Every Sunday night go into your back room and dream about the week. Just remember not to fall asleep under the stars as you will need good night sleep to execute those dreams!” – JDM v20220808UTC1244

FUNNY QUOTE: “Keep your dreams alive, but only hit the snooze bar a few times because need get up to make your dreams real!” – JDM v20220808UTC1244

GUEST WHO:

“There is only one thing that makes a dream impossible to achieve: the fear of failure. When you want something, all the universe conspires in helping you to achieve it.”

“Never give up on what you really want to do. The person with big dreams is more powerful than the one with all the facts.”

“You are never too old to set another goal or to dream a new dream.”

“If you can dream it, you can do it.”

“Dream big – dream very big. Work hard – work very hard. And after you’ve done all you can, you stand, wait, and fully surrender.”

“Your dream doesn’t have an expiration date.”

“If it doesn’t scare you, you’re probably not dreaming big enough.”

“Stop telling your big dreams to small-minded people.”

“A dream is a wish your heart makes.”

Source with answers:

https://www.newidea.com.au/dream-quotes

There has been $4.25B capital invested in Artificial Intelligence & Machine Learning in July of 2022. A 22.7% decrease from June 2022. Total of 346 deals (more data available)

GOAL: Our goal is to find people that like to share ideas via Zoom or fun events worldwide. You must be an accredited investor that is active in Charity and investing in change. If you like to laugh often even better!

Sorry it is the weekend and both cartoon are too funny! Data below cartoons!

DATA DUMP (more data in Mindshare groups)

ContentSquare (funded) The company received debt financing in the form of a loan from Kreos Capital on an undisclosed date. Previously, the company raised $600 million of Series F through a combination of debt and equity on July 20, 2022, putting the company’s pre-money valuation at $5 billion. The equity portion of Series F funding was led by Sixth Street Partners with participation from SoftBank Group, BlackRock Private Equity Partners, Eurazeo, Canaan Partners, Highland Europe, Bpifrance, KKR Financial, and LionTree. A debt portion of $200 million was provided by BNP Paribas, Crédit Agricole Corporate & Investment Bank, Goldman Sachs, JP Morgan, and Société Générale. The funds will be used to scale investments in innovation, both organically and through M&A, support long-term growth in key markets, expand to new territories and deliver greater impact in areas where it can really make a difference, including digital accessibility, privacy & sustainability.

Biofourmis (funded) The company raised $320 million of Series D venture funding in a deal led by General Atlantic, 5050 Capital on July 27, 2022, putting the company’s pre-money valuation at $1 billion. CVS Health and Intel Capital also participated in the round. The funds will be used to scale up its virtual care offerings. Delfi Diagnostics The company raised $225 million of Series B venture funding in a deal led by DFJ Growth on July 18, 2022, putting the company’s pre-money valuation at $400 million. Eli Lilly, OrbiMed, Foresite Capital Management, Northpond Ventures, Cowen Healthcare Investments, Windham Venture Partners, Menlo Ventures, Illumina Ventures, Samsara BioCapital, AV8 Ventures, Point72 Ventures, Osage University Partners, Initiate Ventures, Open Field Capital, PTX Capital, Brown Advisory, Point Field Partners, Rock Springs Capital, and other undisclosed investors also participated in the round. The funds will be used for the continued development and commercialization of high-quality and accessible blood tests for single cancer early detection, multi-cancer early detection, and treatment monitoring.

Cleerly (Funded) The company raised $192 million of Series C venture funding in a deal led by Fidelity Management & Research and T. Rowe Price on July 25, 2022, putting the company’s pre-money valuation at $408 million. Cigna Ventures, Novartis, Sands Capital, Heartland, LRVHealth, Vensana Capital, New Leaf Venture, digiTx, Presight Capital, Breyer Capital, Peter Thiel, Mirae Asset Capital and Piper Sandler also participated in the round. The funds will be used to expand the company’s team as well as extend its commercial reach to broaden patient and physician access to its comprehensive technology-enabled care pathway across the entire continuum of disease presentation-from and early diagnosis of heart disease to ensure that ongoing treatments are effective for those who have that elevated risk or symptoms and will invest in additional large-scale outcomes research to establish it as the standard of care supporting physicians through personalized evaluation and treatment of heart disease.

Continue reading “AI & Machine Learning VC Deal -Mindshare / Data Dump / Cartoons v20220807”

“Results are measured not by days or weeks, but the results. Move away from hours and more about results!” – (kinda a universal truth post COVID & Zoom world) – JDM v20220807UT0918

GOAL: To fund deep thinkers that are also accredited investors that also give to charity (we have a plan, but key word is accredited investor or greater).

QUOTES AND CARTOONS

“The only place success comes before work is in the dictionary.” ~ Vince Lombardi 

“If you focus on results, you will never change. If you focus on change, you will get results.” – Jack Dixon

“If a little is great, and a lot is better, then way too much is just about right!” ~ Mae West

“I have not failed. I’ve just found 10,000 ways that won’t work.” ~ Thomas A. Edison

“You may never know what results come of your actions, but if you do nothing, there will be no results.” – Mahatma Gandhi

.“However beautiful the strategy, you should occasionally look at the results.” – Winston Churchillx

“Never mistake motion for action.” ~ Ernest Hemingway

“Only two things are infinite, the universe and human stupidity, and I’m not sure about the former.” ~ Albert Einstein

.“However beautiful the strategy, you should occasionally look at the results.” – Winston Churchill