The Baltics region is a digital mecca for startups. The Czech Republic have something to learn

The Baltics region is a digital mecca for startups. The Czech Republic have something to learn

Czech people often overlook the Baltic countries. About six million people live in Estonia, Lithuania, and Latvia. It might seem they don‘t have much to offer in the European context. At least in the field of technology startups, however, this is not the case at all. As my colleagues from DEPO Ventures and I have seen during our visits in recent months, the Baltic States are a mecca for the modern startup business. How did they achieve this? And what could we learn from them and apply in the Czech Republic?

český

Rozhovor se Švýcarskou investiční platformou Verve Ventures a jejím vstupu na český trh

Švýcarská investiční platforma Verve Ventures otevírá dveře českým investorům. Ti se budou moci podílet na financování startupů, do nichž zpravidla vstupují jen velké fondy. Přečtěte si rozhovor s Chrisem Gay-Crosierem, vedoucím pro mezinárodní investování, o expanzi na český trh, současné situaci i o jejich úspěších.

Tomas Zrubecky

The end of job dissatisfaction. DEPO Ventures invests in a startup that completely changes job searc

Most often people resign at work due to unsatisfactory corporate culture. However, companies often do not examine the match between the needs of employees and their direction during recruitment. Startup Supertalent wants to change that. It will help people looking for work to find the company that best suits them. The company has now received two and a half million Czech crowns from DEPO Ventures. The Central European startup accelerator StartupYard also invested in the startup. The current investment round is not closed yet, other investors from Europe and the USA are in play.

How to raise the chances of being accepted to Harvard? Mentoring platform Upgrade Academy has answer

How to raise the chances of being accepted to Harvard? Mentoring platform Upgrade Academy has answer

Quality education at some of the world's top universities is often a prerequisite for a successful career. And the Upgrade Academy is trying to make it easier for high school students to find their dream of learning. The startup runs an online mentoring platform where students receive professional application support, career guidance, and academic and extracurricular counseling.

DEPO VENTURES

Fintech attracts angel investors as well as traditional banks. Join us for an online event

Large banks can easily lose their drive. They have long since discovered that their development is not enough and started to look for innovations in the startup world. Fintech is one of the most popular areas where investors put their investments. According to the current DEPO Angels survey, 49 percent of angel investors prefer it. And it is for these reasons, the DEPO Ventures investment group is organizing an online event at which it will present carefully selected startups focused on financial technologies and decentralized finance.

DriveX

Estonian startup DriveX helps to solve insurance claims and prevent fraud

Insurance is one of the most conservative fields and digitization in it has always been very slow due to regulation. However, this has started to change in recent years. The Estonian startup DriveX is developing a technology that uses artificial intelligence to automate the verification of motor vehicles and can detect any damage. It simplifies and speeds up claims, helps prevent insurance fraud, and can save insurance companies billions. The company has now raised $ 1 million from thirty-seven angel investors from Estonia, Czech DEPO Ventures, Plug and Play Ventures from Silicon Valley, Startup Wise Guide, and Fund Fellow Founders.

Business Angels in The Czech Republic Research 2021 just came out!

Business Angels in The Czech Republic Research 2021 just came out!

Angel investors do not lose the desire to continue investing. About a quarter of them intend to significantly increase the amount of venture capital this year. Half want to invest a similar amount of funds in startups at an early stage of development as last year. In addition, they are proving to be gradually increasing the frequency of their investments.

DEPO VENTURES, Petr Sima

Petr Šíma: It's time to start making huge investments in defense technology

It's been a few weeks since Russian military planes, tanks, armored vehicles, and cannons invaded Ukraine. And many people in Europe have their eyes opened. They began to help the Ukrainians, sending money to buy weapons and other military equipment. The war near us could also awaken venture capital investments in weapons or defense technologies. For example, investing in defense technology now makes more sense than buying other real estate.

Reverse Pitch

Investors will introduce themselves to startups.The Reverse Pitch helps founders choose the best one

Starting a business is always difficult. Without the right business contacts, it is almost impossible to break through. The international syndicate of angel investors DEPO Angels from the DEPO Ventures group will therefore organize a Reverse Pitch event at the end of March, which will help connect startups with investors. Start-up entrepreneurs will be able to expand their network of contacts. While startups will be introduced to dozens of angel investors from Central Europe and the Baltic countries, this works out for investors who will be able to find new investment opportunities.

Andre  Dravecky

Andre Dravecky and his startup RINGIL wants to digitize logistics

Despite the significantly growing volume of transported goods, logistics between small and medium-sized companies is outdated and inefficient. The Czech startup Ringil wants to change that. Its multifunctional platform digitizes operations in all parts of the transport process, facilitates control and automates communication. Startup is now receiving 11 million crowns from investors to launch a new era of digital logistics. The current investment round is still open, and it is possible to join it through the DEPO Angels syndicate.

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