Business Proposals in Minutes, Not Hours: DEPO Ventures and StartupYard Invest in Ydoca
Automating responses to inquiry forms and generating business proposals—this is what the integrated AI platform developed by the startup Ydoca brings to the market. Their technology seamlessly integrates into every step of the process, leveraging generative AI to boost efficiency by up to 70%. As part of its pre-seed investment round, the startup secured a total of CZK 2.3 million in funding, with DEPO Ventures contributing CZK 1.8 million and StartupYard investing CZK 500,000.
YUMMY Brings a New Way of Home Cooking to the Czech Republic
Our portfolio company, YUMMY, is entering the Czech market with a unique service that allows customers to choose and order the recipes they want to cook and delivers all the necessary ingredients directly to their homes. This innovative way of home cooking originates from Finland, where parent company Ruokaboksi has been operating since 2017. After successfully entering the Estonian market, YUMMY decided to expand its activities to Prague and plans to expand to other Czech cities as well.
NEW Investment: BlueQubit raises $10M to take Quantum software into real-world applications
Integrating quantum computing into real-world computer applications is an ongoing problem, as the platforms are architected fundamentally differently. BlueQubit, a San Francisco-based quantum software startup founded by Stanford alumni, thinks it might have the answer.
Former Czech unicorn team founds AI-powered recruitment startup Finlay
DEPO Ventures announces its investment in Finlay, an AI-powered recruitment startup co-founded by ex-Mews COO, Scott Moran. The €300,000 pre-seed round, led by J&T Ventures alongside DEPO Ventures, aims to redefine how companies source talent across Europe and beyond. With deep expertise from the founding team – including leaders and recruiters from Mews, IBM, Rossum, and Cyrkl – Finlay is set to reshape the recruitment industry.
Founder, it’s your chance to win $1M! Startup World Cup Regional Finale is coming back to Prague.
Startup founders have an exciting opportunity on the horizon as the world’s largest startup competition, the Startup World Cup, returns to Prague on October 24th.
DEPO Ventures and StartupYard Double Down on Early Stage DeepTech Founders
Introducing a new co-investment initiative between StartupYard and DEPO Ventures, introducing the TechBoost Syndicate. This partnership aims to provide swift and efficient funding to early-stage DeepTech startups, helping them progress from the Proof of Concept (POC) phase to becoming investment-ready.
Acting as a security agent within mobile applications, Czech startup Talsec serves over a thousand c
With users increasingly favoring mobile applications over computers, attackers are turning their attention toward mobile devices. However, company executives often view security costs as a "necessary evil" due to their indirect impact on revenues. Czech startup Talsec aims to change this perspective by offering specialized tools for app developers that protect against hackers, conceal sensitive information, and detect malicious software. Originating as a spin-off from the Brno-based technology company Monet+, Talsec, after two years of organic growth, has received an investment exceeding 1 million euros in the first round from London-based Dig Ventures and Czech DEPO Ventures. This funding is intended to accelerate its penetration into the global market and support further development.
DEPO Ventures and Tensor Ventures Sell AI Chip Startup NEURONIX to US Tech Giant
In a recent landmark deal in the tech industry, Czech investment firms Tensor Ventures and Depo Ventures have jointly announced the sale of their shares in the American-Israeli startup Neuronix AI to Microchip Technology, a tech giant with a market valuation nearing $50 billion. This acquisition underscores the critical role of advanced AI technologies in an industry driven by escalating demands for computational power.
Startup Investors Grow More Optimistic, Yet Worry About the Scarcity of Quality Projects
The Czech startup landscape stands a significant chance of strengthening this year, as investments in technology companies are expected to increase markedly following a leaner last year. Fund general partners are particularly keen, with a third of them planning to invest substantially more. They are concerned, however, about securing sufficient capital from private investors. Although the vast majority intend to continue their investment activities, nearly 30 percent plan to do so at a reduced level compared to last year. These findings emerge from a survey conducted by the investment group DEPO Ventures, which is constructing an international syndicate of angel investors in addition to managing angel funds. The survey's strategic partners include the law firm Mavericks, the CzechInvest agency, and the Czech Business Angel Association (CBAA).
DEPO’s Founders Meetup: A Catalyst for Innovation and Growth
Last October, DEPO Ventures had a great pleasure of organising a Founders Meetup that served as a beacon of innovation, collaboration, and growth. The event was a precursor to the Engaged Investments Conference and was attended by an eclectic mix of DEPO team members, 30 founders of start-ups from over 12 countries, and our valued Limited Partners (LPs). This event marked the first time that all the parties came together, fostering a vibrant ecosystem that thrives on shared knowledge, mutual growth, and a unified vision.