Claret Capital Partners’ Post

Venture debt takes a record year according to Atomico'𝘴 𝘚𝘵𝘢𝘵𝘦 𝘰𝘧 𝘌𝘶𝘳𝘰𝘱𝘦𝘢𝘯 𝘛𝘦𝘤𝘩 report. 📈 Startups raised $4.7B in venture debt in the first three quarters of 2024, and it’s not going away any time soon. While late-stage funding remains suppressed, you can expect venture debt to remain a key tool to fund growth without diluting equity. David Bateman, managing partner of Claret Capital Partners, explains to Sifted “at a time when valuations are considered to be under pressure, it's more attractive to entrepreneurs and earlier stage investors to make use of venture debt than to make use of equity.” 📖 Take a look at what venture debt has offered startups in 2024 and what the forecast is for the coming year: https://lnkd.in/e4h9VXwX #Ad with Claret Capital Partners Featuring David Bateman, managing partner of Claret Capital Partners, Peter Aschmoneit, cofounder and CEO of consumer intelligence platform quantilope, Slava Kremerman ,cofounder and CEO of Zen Educate, Jean Hamon, founder and CEO of Hivebrite. #VentureDebt #Funding #StartupEurope

Exciting News: Launch of Trifecta Capital Venture Debt Fund-IV We are thrilled to announce the launch of Trifecta Capital Venture Debt Fund-IV today. When Nilesh Kothari and I began our journey in 2015, the term "venture debt" was unfamiliar to many. However, over the past nine years, we’ve witnessed its transformation into a vibrant asset class, with significant commitments from Institutional Investors, Development Finance Institutions, Endowments and Family Offices. As we embark on this next chapter, we want to extend our deepest gratitude to our investors. Your unwavering support has helped us navigate significant challenges, including demonetisation, GST rollouts, COVID-19, and the recent tech funding slowdown. With your backing, we have provided over Rs 6,000 crores in financing to the startup ecosystem, and for that, we are profoundly thankful. We also want to recognise the incredible founders of our portfolio companies. Your relentless dedication and resilience in building your businesses through market fluctuations have been truly inspiring. It has been a privilege to collaborate with over 180 startups, many of whom have become household names today. We extend our appreciation to our partners in the venture capital ecosystem. Your diligence in identifying early-stage investment opportunities has been invaluable. Having been part of the venture industry since 2005, we know it doesn’t get easier with time, but it’s immensely gratifying to see how much the startup ecosystem has flourished, thanks to your efforts. Lastly, I want to thank the team at Trifecta Capital. Your commitment to the values of the firm have made all the difference and I'm looking forward to getting this Fund raised so that you can go do what you do best - invest in the future leaders of India. #TrifectaCapital #KeepBuilding #MakeinIndia

Venture debt has been gaining traction 📈 as a sought-after form of financing for startups in the current business landscape. Although venture capital has long been the dominant funding source for high-growth companies, venture debt has risen as a complementary financing alternative that empowers startups to secure the necessary capital for growth without compromising their equity stake. 🚀 👉 In this post, we explore why venture debt is so important for startups and the key differences between venture capital and venture debt. #VentureDebt #StartupFunding #StartupGrowth #FundingStrategy

Startups can’t get enough of venture debt. But debt can’t get enough venture capital. As equity funding dries up, startups sre scrambling for venture debt. But with VC money scarce and past mistakes weighing heavy, the lenders are getting pickier. Gaurav Bagur reports. Read the full story by clicking the link in the comments. ------ #TheKen #Startup #StartupNews #Financing #VC #VentureCapital #VentureDebt

Austin, Texas-based Tacora Capital — which has provided venture debt to companies including FlexPoint, Exectras and StayTuned — has raised nearly $269 million for a second fund, per an SEC filing. The venture debt firm’s inaugural fund — with a $300 million target size — was backed heavily by Peter Thiel in 2022. #vc #startups https://lnkd.in/gC_nhQN7

Great insights

10 Questions Every Founder Should Ask Before Raising Venture Debt by Bessemer Venture Partners: Venture debt can be a powerful tool for startups seeking to extend their runway or bridge funding gaps without diluting equity. But how and when should you use it? Here are some key insights: 1) Strategic Timing: Consider venture debt right after equity financing when your company has momentum and fresh financials. 2) Appropriate Use Cases: Extend runway, fund capital expenses, or as a buffer if milestones are delayed. 3) Caution Needed: Avoid venture debt if repayment is uncertain or terms are too restrictive. -------- Follow All Chance to learn from more innovative insights #Startup #innovation #entrepreneurship #sustainability #investing #networking #venturecapital #fundraising #money

Receiving a term sheet from prestigious venture capital firms like Sequoia or Khosla Ventures has traditionally been a significant milestone for founders, opening doors to further opportunities. However, in the aftermath of the Silicon Valley Bank crisis and subsequent upheavals in the venture lending landscape, such endorsements no longer guarantee easy access to venture debt funding. With more lenders shifting their focus to higher-tier clients, securing debt facilities has become increasingly arduous for seed and early-stage founders. This trend is particularly pronounced in industries like fintech and consumer tech, where valuations have experienced substantial declines, posing additional challenges for startups in these sectors. Read more about the intricacies of venture debt fundraising in the recent report by PitchBook https://lnkd.in/eKzqd2Nx

Startups can’t get enough of venture debt. But debt can’t get enough venture capital. As equity funding dries up, startups are scrambling for venture debt. But with VC money scarce and past mistakes weighing heavy, the lenders are getting pickier. Host Rahel Philipose explains the financing conundrum in this episode of Daybreak. Click the link in the comments. --------- #TheKen #Startup #StartupNews #VC #VentureDebt

With investment slowing, experts are divided on the future of venture debt, as founders seek alternatives to equity financing which has been the darling of the African tech ecosystem. While equity financing remains the go-to for African startups, venture debt is gaining traction because of its unique value proposition. What role can venture debt play in Africa’s startup ecosystem? Click the link to find out 👉 https://lnkd.in/dS5A5Vyf