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Startups Brochure 1-V2.2

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Venture Capital Refreshed

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Portfolio testimonial

CEO Povl Verder

“For SIME Clinical AI, Consilience Ventures presented a very different option for us as an investor. The experts in their

network have really provided high-calibre work on various elements of the business - in particular, their Sprint Finance

Roadmaps are an innovative approach to helping us achieve our plans for 2020 and beyond.”

Brian James, CEO says:

“We’re delighted to have partnered with Consilience Ventures on a Sprint Finance-based investment and look forward to

working with their Global Expert Network to support our ambitious plans for growth in 2020.”


Introducing Consilience Ventures

Consilience Ventures was founded to intelligently accelerate growth for

deep-tech startups by aligning stakeholder incentives, developing smart

technology, and building community.

We are a platform of vetted startups, skilled professional investors, and expert service providers, such as

exited entrepreneurs, accountants, lawyers, business developers and technical specialists.

We are creating a new way of investing in and accelerating startups – more incrementally, with less risk,

more profitably, with greater liquidity, and at a lower cost to Founders, investors and Experts.

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CV is something new

A more cost-effective way to access startup investing,

with a host of new and innovative features;

An ecosystem where the benefits and returns of startups, investors,

and experts are aligned;

A network where members collaborate to create knowledge and share

expertise;

An investment vehicle which focuses on deep-tech companies solving the planet’s biggest

challenges;

A technology platform which is gathering data which will enable us to develop new insights into

startup health and growth;

A digital asset (the Consilience Ventures Digital Share (CVDS)) which enables the exchange of value between our

members, providing potential liquidity to investors and diversifying sweat equity risk for experts.

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What we're made of :

Our network

Sophisticated Investors

Our Investor base encompasses exited entrepreneurs, HNWIs, family offices, and business angels, united by belief in our vision of

aligned stakeholder incentives, smart technology, and collective intelligence.

Experts

Our Global Expert Network (GEN) is a crucial pillar of our ecosystem. Our members are of the highest calibre and recruited via our

invite-only selection process. We have formed a strong and diverse network that continues to grow - in size, expertise, global reach,

and impact.

Startup Founders and Teams

We invest in deep-tech startups that are solving some of the world’s most difficult and pressing issues. Startups (and the teams that

power them) go through a comprehensive evaluation and due diligence on the road to investment. This includes creating a Sprint

Financing Roadmap, which defines the critical activities which need to take place to fuel the next period of growth and progress.

Once the investment is made, GEN members will be matched with startups to work on specific sprint initiatives.

Corporate Partners

Our relationships with Corporate Partners mean improved access to clients, discounts on products and services, and a broadened

network, all of which can help other members along their journeys.

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What we're made of :

Our tools

Collaborative vetting and selection

Startups are selected by network

members – preselection takes place on

the platform, visible to all members.

A qualified assessment team is then

assembled from network members to

guide the startup through detailed due

diligence, planning, and deal negotiation.

Sprint Financing Roadmaps

Sprint Financing Roadmaps are created

with the startup management team,

identifying the areas of strategic growth

the business needs to succeed. Companies

are financed for the next sprint (typically 3-

6 months).

Once that sprint is complete and assessed,

the next sprint is planned in detail. This indepth

planning means our network is truly

“under the hood” with our startups and

able to design and deliver meaningful

interventions at the right time.

An ecosystem currency - CVDS

Consilience Ventures Digital Shares (CVDS)

are the unit of currency on the platform

and and represent the value of the shares

in the startup portfolio. A startup issues

shares in exchange for CVDS. Experts will

typically receive payment in CVDS for their

services.

Investors purchase CVDS from startups and

experts. CVDS represent the net income

and gains realised by Consilience Ventures

from the startup portfolio, on a pro-rata

basis, and can be sold without having to

wait for startups to have an exit event

(e.g.IPO). CVDS is the mechanism through

which we ensure aligned outcomes

amongst our stakeholders – via a platform

based on principles of trust, security and

consensus.

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What we’re made of :

Our tools

Business Intelligence

We are building an AI model which will

help us predict and avoid startup missteps

and pitfalls. Within three years, we hope to

be in a position to provide market-first

data regarding startup health.

Communication and sharing

capabilities:

In-house hosted platforms that enable

real-time conversation with peers,

discussions on deals, working with

startups, and collaboration. Added to that,

in-person and virtual events exploring

interesting ideas, delving into complicated

problems, and broadening networks.

Capital as a Service

Capital as a Service works hand in hand

with Sprint Financing. While Sprint

Financing delivers and supports a regular

rhythm to startup growth, there are always

opportunities and threats which cannot be

anticipated.

In these cases, Capital as a Service provides

the extra flexibility to give founders the

agility and ability to raise money when it’s

required – without losing focus on their

business goals.

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Just how does CVDS work?

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2 3

Startup A is referred by a

CV member

Startup goes through due-diligence & gap

analysis process.

Investment committee defines

the valuation and where CV

can help.

4 5 6

Startup signs the term

sheet and issues shares to

CV.

CV creates a number of CVDS to match

the value of the shares transferred from

the startup. (Example: Startup issues

£100k worth of shares and receive £100k

worth of CVDS in exchange)

Startup uses to currency to buy:

• Expertise directly from

experts (GEN)

• Cash directly from investors

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Consilience Ventures For Startups

We believe that startup founders are looking for more than just a capital investment to be successful. The startups we work with see the value we add to their

businesses – with our processes, our tools, our approach to financing, and most importantly, with the access to our Global Expert Network, who work with our

startups overcome the big challenges they face to scaling.

Traditional VC deals:

Treat cash as the only type of investment

Consilience Ventures is:

The future of investment: How you invest your CVDS is up to you - Expertise

plus traditional investment create a powerful combination to drive growth

and progress in your business.

Deliver capital in one large tranche which has been estimated with a

high degree of uncertainty, both in terms of overall requirement for

cash, as well as expected outcomes for investment.

Waste time and diminish productivity: 40% of founders’ time can be

spent raising future finance

Discourage sharing pain points and failures, out of fear of being downvalued

Lack a tech-enabled network effect to support strategic growth

Flexible, throughout your lifecycle: We deliver capital on a per-sprint basis.

Each sprint has a set of defined outcomes and activities which are measured

at the end of the sprint; then the next sprint and required investment are

planned. Founders get less diluted and more empowered to take risks and

learn at lower cost.

Time-Saving & Productivity-Increasing: Our Sprint Financing model gets you

money when you need it and allows you to focus on building your business.

Consilience Ventures will partner with you through all your rounds of

fundraising.

A trusted team: We work closely with the leadership teams of startups to cocreate

solutions to the toughest issues.

Co-operative: Consilience Ventures prefers to invest alongside traditional

investors like VCs, business angels, and family offices and leverage advanced

technologies and methods to maximize network effects.


Capital

Capital

More about Sprint Financing

Capital raised Valuation Potential funding gap - sprint

financing considerably shortens

this, reducing risk

Waterfall fundraising

Sprint fundraising

Time

Time-consuming and

inaccurate fundraising

process:

•Takes 40% of CEO’s time

• Creates lots of uncertainty

•Arbitrary valuation

Optimisation of the fundraising

process:

•Shorter time to raise

•Execution and market driven

valuation

The traditional model of venture financing – waterfall or series

financing – is not always suitable for optimal startup development.

It can end up distracting founders from focusing on what should

be their core business, as they are forced to chase the next

tranche of investment, manage burn rates, and prepare for future

rounds.

Consilience Ventures has a more flexible financing approach,

enabled by CVDS’s liquid nature, which significantly lowers the

cost of financing and allows startups to capture value that is too

often lost in business today.

With sprint financing, startups raise smaller amounts on a more

frequent basis. The Consilience Ventures community evaluates

each startup at regular intervals to determine progress and

valuation. Every time a startup moves to raise investment, it is

further along its roadmap and able to benefit from an

incrementally higher valuation. This effect compounds over time

and ensures that startups can maximize the amount of capital

raised, while reducing the amount of equity offered in return.

Time


Investment thesis

• Fintech

Life science

• Energy

• Impact

• Cybersecurity

• IoT

Sectors

• AI / ML

• Quantum

• XR

• Blockchain

• Hardware

3 levels of diversification

Commitment size:

Seed companies: £50k-£100k in cash plus at

least £25k-£100k in services/expertise as

part of a larger seed round.

• Seed

• Series A

• Series B

• Series C

Tech Maturity

Series A, B and C:

£250k-£1m in direct investment plus at least

£25k-£100k in services/expertise as part of a

larger round.

Company Stage

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Startups enter via a referral, with acceptance based on votes from GEN members. For

successful applicants, we will provide feedback (including comments from industry

experts and a suggested company valuation), and then it is up to you whether you wish

to accept the network’s terms of acceleration/support.

Our selection methodology

The Right People

We look for a management team that contains diverse but complementary

skills, real business acumen, and an ability to translate strategy into

effective operations.

The Right Idea

We back innovative deep-tech businesses that solve big problems while demonstrating a high

degree of differentiation and a defendable competitive advantage.

What we look

for in every

startup

The Right Time

We invest at the sweet spot of growth; when the idea has moved past proof of concept and headed for market

validation or primed to scale.

The Right Potential

We seek out startups that can deliver significant returns for our investors – we’re not desperately seeking the next Unicorn

(though that would be great!) - rather, we are looking for startups that can grow consistently and deliver true returns.

The Right Values

We might not be for everyone – if our values don’t align, that’s ok. We work with companies that share our vision of what successful

acceleration can look like, and who recognise the value of what we bring to the table.


Current portfolio

Digital Clipboard is a fully

SIME DX is a platform company

Cerebreon is developing an

PK2M Ltd is an AI and

customisable and secure digital

committed to preventative,

innovative fintech software

Blockchain development

client onboarding solution for

personalised data-driven

product targeted at the UK

company building and

professional advisors. Their

medicine whose solutions

Insolvency sector bringing

maintaining Consilience

tablet-based app improves

provide precise insights to

machine intelligence to the

Ventures.

customer experience and

doctors in decisive moments,

insolvency sector, increasing

Sector: FinTech

eliminates admin for better

when rapid intervention can

efficiency, reducing default

client onboarding with less

save a life.

levels and improving net

effort.

Sector: BioTech

margins for all stakeholders.

Sector: FinTech

Sector: FinTech

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A few Investors

Several hundreds of millions of pounds exited and billions under management

Philippe Thomas

Entrepreneur & Investor

Pierre Feligioni

Entrepreneur &

Investor

Christophe Pechoux

Partner of

Maslo Capital

Partners & Investor

Guillaume Bouchard

Serial Entrepreneur & Investor

Thomas Balgheim

Business Angel &

Enterprise Tech Expert

Roger Ohan

Independent NED

of Hedge Funds

managed by Caxton

Associates

Stephen West

Founder & NED of

Gravis Capital

Nrinder Singh

Entrepreneur & London

Chair of Minerva Business

Angels @Warwick

Business School

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Kevin Monserrat is a Co-Founder of Consilience Ventures.

Formerly Head of Investor and European Ecosystem

Meet the team

development at Microsoft Scale Up, Kevin’s role at

Consilience is to drive the strategic growth of the business

Kevin Monserrat

investors

forward and work towards decentralised governance.

Pierre is a Co-Founder of Consilience Ventures. He was an

Radouane is a Co-Founder of Consilience Ventures. His

early enthusiast of blockchain and distributed ledger

background is in formal logic, software engineering and data

concepts, has deep interests in AI/ML, and likes disrupting

science and he is Nominated Chair of the ISO/TC69/WG12

the status quo. His favourite language is Elixir and he is a

work-group on Big Data, as well as Liaison Officer for the

champion of open-source methodologies. As CV’s architect,

ISO/JTC1/SC42 committee on AI. Radouane is currently

Pierre Martin

Technology

Pierre is responsible for coordinating all technical aspects of

the CV platform.

Radouane Oudrhiri

Data Science

overseeing our quantitative/economic modelling and data

science/AI solutions.

Paul Griffiths is a respected entrepreneur with particular

Martin is a Co-Founder of Consilience Ventures. With over 25

experience in strong cryptocurrency and blockchain. With

years experience, Martin is widely recognised as a leading fund

other specialities including fund raising (VC/PE, Bank, IPO,

management and financial services regulatory lawyer. Martin is

ICO), Peer to Peer, compliance and UK corporate

responsible for all regulatory, compliance and legal matters,

governance, Paul is closely involved in current high-value

including structuring the Consilience Ventures Platform, token

Paul Griffiths

Finance &

Operations

negotiations with the EC and others to help define the

complex and ambitious operational framework CV aspires to.

Martin Cornish

Legal

sales, community rights and duties and constitutional matters.

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For more information please contact Sankalp

Sankalp Parupalli

sankalp@consilienceventures.com

For the latest news and developments, visit

Paul Griffiths

Finance &

Operations

Consilience Ventures

@ConsilienceV

www.consilienceventures.com

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