La Famiglia, the Berlin-based “female-led” VC agency that invests in European B2B tech startups at seed-stage, has raised a second fund totalling €50 million, up from its debut fund of €35 million in 2017.
Buyers in La Famiglia have ties to quite a few trade giants in Europe and past. They embrace the Mittal, Pictet, Oetker, Hymer and Swarovski households, trade leaders Voith and Franke, in addition to the proudly owning households behind conglomerates comparable to Hapag Lloyd, Solvay, Adidas, and Valentino. As well as, the likes of Niklas Zennström (Skype, Atomico), Zoopla’s Alex Chesterman and Personio’s Hanno Renner, are additionally LPs.
Maybe unsurprisingly, given its investor listing, La Famiglia — which has backed 37 startups so far, comparable to Forto, Arculus, and Graphy — positions itself primarily based on its trade community, promising to foster cooperation between “younger digital disruptors and main corporations,” together with many components of the previous economic system needing to outsource R&D/innovation.
“Our ambition is to seize the elemental shift in worth creation throughout the most important sectors of our European economic system, that are both being disrupted or enabled by digital applied sciences,” La Famiglia founding accomplice Dr. Jeannette zu Fürstenberg tells me. “We imagine that alternatives in fields comparable to manufacturing or logistics might be formed by a deep course of understanding of those industries, which is the important thing differentiator in creating profitable outcomes and a energy that European entrepreneurs can leverage”.
“Selecting up quite a lot of alerts from numerous skilled sources in our community informs the chance panorama we see and permits us to speculate with a powerful sense of market timing,” provides La Famiglia accomplice Judith Dada. “Subsequent to verticals like insurance coverage or industrial manufacturing, we additionally make investments into corporations tackling extra horizontal alternatives, comparable to sustainability in its huge significance throughout industries, in addition to new ways in which our work is being remodeled, for staff of all kinds. We search for alternatives throughout a spectrum of technological developments, however are significantly targeted on the appliance potential of machine studying and AI”.
On La Famiglia’s potential to accomplice with massive trade, zu Fürstenberg cites her personal industrial household enterprise background, rising up with many different “next-generation” household enterprise homeowners. “Slightly than offering a mere community, which is commonly extremely transactional, this publicity has allowed La Famiglia to type robust relationships which can be constructed on belief,” she argues. “It doesn’t matter what the age or the trade, while you put entrepreneurs nose to nose they typically converse the identical language, and this permits for quick time to influence for either side”.
In the meantime, a number of investments have already been made out of La Famiglia’s second fund. They embrace Berlin-based Unfold.ai, constructing a product intelligence platform, Munich-based Luminovo, constructing the working system for the electronics trade, and London-based ChaosIQ, constructing a resilience infrastructure platform.