Blockchain-focused venture capital firm Blockchain Valley Ventures (BVV) has launched a virtual deal marketplace for blockchain startups and investors.
Based in Switzerland, BVV is a blockchain corporate finance advisor and venture capital firm. Originally spun-off from Swiss blockchain trading platform Lykke, BVV supports the growth of blockchain enabled businesses by advising them through a combination of traditional venture investing and innovative Security Token Offerings (STO) (“Hybrid Model”).
The new virtual deal marketplace, called BVV Dealroom, was launched in collaboration with Delio, a provider of private markets investment technology. The BVV Dealroom is based on the VC ‘founder friendly’ model and aims to above all kick-start dealmaking and startup funding for blockchain and crypto startups. The platform will be among the first to provide this service to the booming blockchain industry.
“The BVV Dealroom will facilitate the entire communications and deal-making process of the funding life cycle for participating companies in a regulatory-compliant way,” said BVV. “As a measure to support the startup industry during the current Coivd19-related restrictions, startups and investors will be exempted from paying any signup fees. Startups will only pay a success fee if a financing commitment from an investor is achieved. BVV will leverage Delio’s digital infrastructure technology, which is used by over 200 financial institutions, including top-tier global banks, to launch the BVV Dealroom.”
According to BVV, the new platform will be limited to 100 active investors at any given time, to ensure targeted and appropriate funding is available to participating companies. All pitches and projects of participating blockchain companies will be approved by BVV upon submission. Investors need to sign specific regulatory declarations, which allows them to browse deals and get in contact with startups.
“We are on a mission to provide the essential support that startups require during these uncertain and challenging times. We all need to adapt to new ways of working,” said Heinrich Zetlmayer, Founder and General Partner of BVV. “Traditional email or conference based pitching to multiple VC investors simply does not work efficiently enough anymore, especially for the blockchain industry which is still not well understood. The BVV Dealroom is designed to provide a helping hand to the innovative and talented teams of the blockchain startup and tech world, by offering free and targeted investor access — something that hasn’t really been done before, as the VC community was previously not really ready for platforms or marketplaces.”
Gareth Lewis, Chief Executive at Delio, said that their technology enables investors to navigate the private market space more efficiently and discover high-quality deal opportunities.
“By working alongside BVV, we hope to empower companies and investors by helping them to overcome the challenges typically faced across the financial and start-up communities,” Lewis said. “Through this approach, we hope to equip entrepreneurs with the relevant resources to move their business forward amid a time of economic uncertainty.”
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