Training
Waste Marketplace startup fundraising
Context and need
- Company created in December 2018, following development via the Leonard incubation and then acceleration program (VINCI)
- Goal: raise €1.9m to finance its commercial development
- Challenge: reconcile the investment theses of corporates with the investment needs of startups
Actions
- Design of the BP and the investor pitch
- Shortlist of VCs and corporates relevant to this round
- Organization of the roadshow to present the business case
Results
- Success with external VCs
- Corporate pre-empted the round and carried out a €900k capital increase (tax integration deducted) to cover its financing needs