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Wefox snags $650m + We're teaming up with SoftBank

Speedinvest News
Issue #6 • View online
Speedinvest News
Powerful partnerships pay off
$650 million at a $3 billion valuation. We knew wefox was going to be big when we first invested in 2016, but their recent funding round even blew us away! With $140m in revenues in 2020 alone and a $5.2tn market to tackle, the sky’s the limit for Julian, Fabian and team.
P.S. Our Austria-based portfolio is also heating up… we’ll have more news on that next month 😉
And that’s not all we have to share:
  • Softbank & Speedinvest partner to tackle inequality in European tech
  • Learn how to get your pre-Seed Marketplace pitch deck noticed
  • Join our Industrial Tech team to talk all things Climate Tech in Europe

Speedinvest has partnered with SoftBank and top European funds - Cherry Ventures, Breega, firstminute Capital and Kindred Capital - to launch the first-ever Emerge accelerator program in Europe for underrepresented founders in tech. Apply by July 7.
Read more from:
News
New Investments
Portfolio Updates
Team Highlights
Knowledge
Acing Your Pre-Seed Marketplace Fundraise
France and Germany: A Tale of Two Startup Ecosystems
Market Spotlight: The Future of Femtech in the US and EU
Events
June 22 - Industrial Tech Talk:
Climate Tech
June 22 - Platform+ Growth Office Hours
Careers in Tech
Portfolio & Speedinvest Jobs Board
Spotlight Open Positions
See you next month!
Speedinvest is one of Europe’s most active early-stage investors, with more than €450m AUM, 40 investors, and offices in Berlin, London, Munich, Paris, Vienna and San Francisco. Our focused investment teams partner with founders building Deep Tech, Digital Health, Fintech, Industrial Tech, Network Effects, and SaaS startups. 
Each of our portfolio companies also has full access to our in-house Platform+ team of operational experts who provide tailored growth marketing, people (HR), US business development, and networking support throughout every stage of their journeys.
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