If you’re thinking about making an investment in sub Saharan 15M Series octopus ventures, you’re not alone. The market is crowded, with a number of options available to you. Before you decide, make sure you know a bit about each of them.
Overture Life is a Madrid, Spain based medical company focused on automation and simplification of the in vitro fertilization (IVF) process. The name is a bit of a mouthful, but the company has a slew of multi-disciplinary experts in its employ. Its flagship product is the aptly titled “NaturaLife”, a high-tech medical device marketed as the ’embryology lab in a box’.
Overture Life’s most impressive feats of science include: the invention of a novel tethered embryo storage system that is capable of supporting hundreds of viable embryos, and a patent on the world’s first automated cryopreservation (a.k.a. freezing) of an intact human embryo. Amongst other things, the company is developing a medical device that will perform a non-invasive genetic embryo testing procedure.
Pngme is a San Francisco-based startup that provides financial data infrastructure to fintechs and banks. It has already processed billions of data points from financial institutions in Sub-Saharan Africa, and it now plans to add new staff and expand its customer base.
Pngme is building out of the box machine learning capabilities to help financial institutions gain actionable insights. Its product offerings include a client management platform, lending platform, and API. The company also aims to reduce the cost of customer acquisition. This includes providing clients with real-time data, tracking balances, and sending alerts for missed payments.
Permutive’s SaaS data management platform has the potential to deliver a sizable ROI. It connects user data in one central location and provides a privacy-friendly way to learn about online behaviour. Unlike most ad platforms, it does not require a third party cookie to deliver targeted advertising. This means that it can increase the ad revenue of a site without the need for more advertising budgets.
The ad industry is a multibillion dollar business, and the pervading theme in this ad space is the importance of first-party data. However, the use of personal data has been problematic and the recent passage of the GDPR has made handling consumer information even more challenging. Thankfully, Permutive’s proprietary technology has taken data processing to the edge, thereby enabling faster and more efficient data processing. With this new capital, Permutive will be able to expand into the global market and take its ad technology to the next level.
Bought by Many
Bought by Many is an insurance company that allows people to find the best cover for their needs. The company uses a combination of search data and collective buying power to identify gaps in the market and provide better cover. It has been able to grow to more than 250,000 members in the UK and Haywards Heath in Sussex. In the last financial year, the company recorded PS20m in premium income.
It has signed a long-term insurance agreement with Munich Re. This will enable the company to expand its presence into new markets. Currently, it has a presence in Nigeria, Ghana, and Kenya.
DFJ Growth has a name to live up to. They have an extensive track record of spotting and funding early stage companies with huge market potential. For instance, they have invested in the likes of Baidu, Tesla Motors, AdMob and Hotmail. These are just a few of the many successes DFJ has experienced over the years. Having founded in 1985, DFJ is now headquartered in Menlo Park, California.
The DFJ fund has an impressive portfolio of more than 300 private technology companies. Their ventures range from financial services to mobile to health care. With an impressive PnC to PVC ratio of more than ten to one, DFJ is in the business of partnering with great entrepreneurs.
True Ventures is an investment firm that has a 15 year track record of making investments in early-stage companies. They have offices in Palo Alto, California and San Francisco. The company has been active in the software sector, investing in things such as cloud-based CRM and B2B software.
True Ventures recently closed its fourth opportunity-type fund with $375 million. Their previous funds have seen $350 million and $465 million, respectively. Among its other accomplishments, they have been active in health tech, fintech, and software. Some of their recent investments include SwiftKey and Secret Escapes.
The firm is headquartered in Beijing and is led by the founders of Zero2IPO and Octopus Ventures. They target China-based startups and high-potential, high-growth companies, primarily in the mobile, digital media, green tech, healthcare, and consumable products sectors. They also co-invest with active venture capital firms in growth companies. If you are interested in learning more about the company, you can contact them through their website.
One of the companies that they have invested in is Pngme, a financial data infrastructure platform. This machine learning-as-a-service platform has raised $15 million in Series A funding. Other investors include Nuance Connected Capital, Jolt Capital, East Netherlands Development Agency Oost NL, and Verve Ventures.