Another record: 140 million dollars raised again!
Proven ability: 3 exits including our first startup - Zemanta
(epi)Center: ICO capital of the world!
Increased awareness: legislation issues are really getting addressed.
Hundreds of entrepreneurs, thousands of jobs, major economic impact.
Ecosystem is scaled, able, eligible, impactful.
We have highest concentration of experience with blockchain in the world.
Identification and implementation of appropriate legislative support is happening on highest level.
Half-a-billion in five years
Investments in start-ups from 2005 to 2018
We broke the record from phenomenal 2015 - Slovenian founders have raised almost $150M worldwide, with 2018 already trending strong.
Number of investments
Top Deals of 2017
2/24/2017 - Financing round
6/21/2017 - Financing round
11/26/2017 - ICO
8/9/2016 - ICO
# Number Of Deals By Type
Healthy mix of large and small deals
$50.000 - $150.000
$150.000 - $1M
$1M - $10M
Slovenian startups are very diverse
Clear winner last year was blockchain, building on the foundations from bitstamp and iconomi, a whole generation of founders created 5% of global ICOs
Primary Technology Platform
All Time Leaderboard
Since 2005, 345 startups raised over $500M in over 500 transactions. Some founders have raised multiple rounds by now, experiencing different types of capital, while other are just starting. Unpublicized deals amounted for a third of all funds raised in 2017, and one half since 2007.
- hive project
- quantum project
- sun contract
- Goat Story
- Sipa Boards
- Sipa Boards
- Red Pitaya
Only 4% of capital comes from Slovenia
(this shows where the investors are)
But 65% is invested into Slovenia
(this shows where the startups are)
After years of working with startups, multiple legislative issues remain unadressed, but at least they are becoming apparent to the community. Ales Spetic wrote a good overview of all topics that need to be improved in order to get Slovenia to next level as startup-friendly country. Here is the summary, but everyone should read the source. And then demand these things improve.
- Physical presence of investor required
- Company can't buyout inactive founders
- Small funds and syndicates are illegal
- Capital reinvestments are not encouraged
- Stock options are prohibitively expensive
- Stock deals are taxed in full
- Unclear process for foreigners w/ FURS and others
- Employment of foreigners is hard
- Labor rules and regulations too complex for small companies
...and that is why on average 100 mio EUR of capital that could be invested into Slovenia anually flows elsewhere. Unfortunately in the hands of young Slovenian entrepreneurs that leave with it...