Late stage startup panel featuring Grundgrün, Ludgate, Alexa Capital and Munich Venture Partners
Ecosummit TV: At ECO15 London, we did a very informative and lively panel about growing and fundraising for late stage startups. The experts on stage include Felix Grolman (Grundgrün), William Weil (Ludgate), Gerard Reid (Alexa Capital) and Martin Kröner (Munich Venture Partners). In the meantime, a lot has happened: Gerard raised $50M for Younicos from First Solar, Panasonic and Grupo ECOS. Bill left Ludgate and joined Greencoat Capital, the CVC of the Irish utility ESB. Felix sold the direct marketing business of Grundgrün to EnBW and Martin invested in Cobi while Kebony raised €19M from PMV, Investinor and existing shareholders. It turns out that fundraising for late stage startups takes a lot of time and needs to be done globally to attract the best strategic investors for the growth strategy of the startup. At the same time, late stage startups need to hire the best management team to manage their growth. In Europe, family offices and corporates increasingly play a leading role in late stage investing and helping European startups become global market leaders.
Tags: Alexa Capital, Cobi, Corporate VC, Corporates, ECO15 London, Ecosummit London 2015, EnBW, Family Office, Felix Grolman, First Solar, Gerard Reid, Greencoat Capital, Grundgruen, Grupo ECOS, Investinor, Jan Michael Hess, Kebony, Late Stage Startup, Ludgate, Martin Kroener, Munich Venture Partners, Panasonic, PMV, William Weil, Younicos