TechNexus Venture Collaborative, helping leading corporations and ambitious entrepreneurs work together to access an unfair advantage through the creation of new business models, revenue streams, products, and markets.
Hi there,
Welcome to April's Update: a monthly newsfeed curated with news & insights for entrepreneurs, investors, corporate change-makers, and curious innovators.
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"We're just scratching the surface of how much the mobility landscape is shifting right in front of our eyes. Maybe it's my rural Midwestern roots, but I'm most excited about the impacts of "non-traditional" modes of mobility elevating the experience -- like electrified marine propulsion systems, recreational vehicles, tractors, powersports vehicles, and the list goes on and on.”
"Across private capital markets, we're seeing increased valuation sensitivity in 2022 that is driving less founder-friendly terms and slower closes. To the extent that this trend continues, founders may choose to take runway-enhancing steps such as tighter expense management, or even consider a 'merger of equals' with another startup that has longer runway. Keep an eye out for startup + startup M&A in 2022."
We're thrilled to share some recent successes from our incredible ecosystem.
From Our Investment Portfolio
Edgybees, the global leader in georegistration software, announced the release of its Satellite Software to enhance the accuracy of satellite imagery (Geospatial World)
AmpUp was 1 of 11 companies selected for Google for Startups' Accelerator Climate Change class, a ten-week program consisting of intensive workshops and expert mentorship designed to help growth-stage, sustainability-focused startups learn technical, product, and leadership best practices (Google for Startups)
Fitbod named to AngelList's top fitness companies making waves in healthtech in 2022 (AngelList)
Threekit launched its immersive shopping suite, enabling next generation augmented reality shopping experiences for furniture, apparel and luxury (Threekit)
Mixhalo hires seasoned sports executive, Doug Holtzman Head of Sports (yahoo!)
The Battery That Could Change the World: Natrion is Paving the Way With Solid-State Ion Batteries (Common Mission Project)
Playbook named in a16z's Marketplace 100, a ranking of the largest consumer-facing marketplace startups and private companies (a16z)
Alex Serdiuk, CEO of Voice Cloning Startup Respeecher, interviewed on Voicebot Podcast – Live from Ukraine (Voicebot.ai)
Audeze featured alongside Shure as companies operating in the audiophile headphone space in Energy Siren's Audiophile Headphone Market demand and future scope with Russia-Ukraine Crisis Impact Analysis (Energy Siren)
From Our Partners
THOR Industries named to Newsweek’s list of America’s Most Trusted Companies 2022, ranking #3 in the automotive & components category along with companies such as Harley Davidson, Tesla, and General Motors (Newsweek)
Brunswick named to Forbes' 2022 list of America’s Best Employers for Diversity for the third consecutive year, ranking among the top 35 percent overall and in the Top 10 in the Engineering and Manufacturing category (Forbes)
Freedom Boat Club, a division of Brunswick, announced its 350th location, representing more than doubling of the number of locations in the Freedom network since the company was acquired by Brunswick in May 2019 (Brunswick)
AAR announced their marketing partnership agreement with ProvenAir Technologies to enhance the digital solutions available to AAR customers (AAR)
For another year, the GRAMMY Awards relied heavily on the reliable and high-quality sound of Shure wireless audio technology to support the audio needs of “Music’s Biggest Night" (Shure)
TechNexus News
Ellie Davis, Maddy Rutter, and Kelly Wyman traveled to NYC this month for the 5th annual VC Platform Global Summit, a gathering of 300+ platform leaders from hundreds of funds across the world to share insights and lessons learned around bringing value to firms, founders, and funds in a way that really matters.
On April 25th, Cristin Pacifico was the guest speaker for Notre Dame Venture Capital Club's monthly meeting, sharing TechNexus' unique venture model and her own valuable tips on how to break into venture capital.
Andrew Loulousis and Ellie Davis are in Indianapolis this week representing the team at FDIC International, a gathering of members of the fire service from around the world to exchange information and network. Last night, our team sponsored an innovation event with Smart Firefighting.
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That's it for April's update. We welcome May with open arms, warmer temperatures (especially here in Chicago), and some new, exciting content. We'd love for you to share this newsletter with anyone you think might find it useful or interesting and encourage them to sign up. And if you have questions, comments, or want to discover more about any of the companies mentioned, please reply directly.
