Euro banks' fintech investments. Corporate food venture funds. Ed tech funding trends.

Dear Armand

Hi there,

Another day, another unicorn at The Future of Fintech.

But before we get into that, let's start with a poll.

What tech topic are you most sick of? (Click to vote)

 The drama at Uber
 ICOs, blockchain, bitcoin
 Artificial intelligence
 Facebook, fake news, etc

Bank on it

We analyzed the private market fintech investment activity of the top European banks, by assets under management, from 2012-2017 year-to-date. The three most active investors are Banco Santander, UBS, and Deutsche Bank.

Don't be cruel

A few weeks ago, I'd written about terrible networking outreach, and most of you agreed that people who write to "compare notes," "to buy you a cup of coffee," or "to pick your brain" are evil.

But a few of you said I was being cruel and that I should give them a chance.  

It reminded me of this article in The Onion (see The Blurb)

Food for thought

We looked at General Mills’ 301 Inc. and three other newly launched corporate food venture funds from Campbell Soup, Kellogg’s, and Tyson and created a timeline mapping out their activity over time.

Lucky to have Clover

We've got tons of unicorn founders at The Future of Fintech.

And I'm delighted to announce that we've added the founder & CEO of Clover Health, Vivek Garipalli, to the lineup.

Clover, valued at $1.2B, is a new health insurance carrier operating in the Medicare Advantage space.

It hit the billion-dollar valuation mark in less than 3 years and counts a slew of smart money VCs among its investors including Sequoia Capital, First Round Capital, and Spark Capital.

I'm excited to dig into Clover's business model and its use of data to identify at-risk patients and how the company is shaking up the insurance industry.

Use the code clover to get $2000 off today by going here.

In addition to Clover Health, we have the founders/CEOs of the following unicorns as well: Palantir, Paytm, Transferwise, Robinhood, Credit Karma, and Kabbage.

Stay classy

We analyzed ed tech financing trends since 2012. Q1 of this year saw a rise to 135 deals, higher than any quarter since Q3’15.

Speaking of networking emails

So much I love about this outreach.

Armand — check.
Synergy — check.
Webinars — check.

Let's do this.

The Industry Standard

CB Insights data is the most trusted by those in the industry and the media. A few recent hits.

Bloomberg. Giles Turner (@turnergs) writes about London-based AI startup BenevolentAI and mentions CB Insights investment data.

Financial Times. Oliver Ralph (@oliver_ralph) reports on insurance startup Gryphon's latest round of financing and cites CB Insights investment data.

Xconomy. A report on Element AI's latest round of funding with a reference to CB Insights funding data.

I love you.


P.S. Don't forget to use the code clover to get $2000 off your Future of Fintech tickets.
Startup Spotlight
Below are a few startups that submitted/updated their data via the CB Insights Editor. Increase your chances of getting in front of our research team by submitting your company data here.
  • UAE-based Presella is an online e-ticketing platform.
  • Kanari helps brands grow their business by helping them manage the customer experience.
  • My Triphoto has a 360VR selfie solution for brands to boost their organic presence in social media.
  • Prattler allows sports fans and TV viewers to share reactions and thoughts with others while watching live games on TV and generate earnings based on popularity and advertising opportunities.
  • Calipsa is building a deep learning based cloud platform to automate traffic surveillance, monitoring, and data collection. 

Where top European banks are investing in fintech in one graphic

European banks are placing strategic bets in areas ranging from wealth management, lending, payments, regulatory technology, software, and blockchain. See the rankings.
Tweet this

General Mills, Campbell Soup, Kellogg’s & Tyson ramp up food investment

Since 2015, top food corporates have launched investment vehicles to fund early-stage food and beverage startups. See the timeline.
Tweet this

Ed tech deals on the rebound

After three consecutive quarterly declines, ed tech investments rebounded and are on track to cross 500 deals this year. See the data.
Tweet this

The Blurb

A curated mix of articles worth sharing.

Bull. Don't waste your life listening to bull isht.
The Onion

Indiana Jones. Micah Rosenbloom (@micahjay1) on what startups and VCs can learn from Indiana Jones.

Trips to China. From the sharing economy to AI assistants, Lan Xuezhao (@xuezhao) shares observations from her visit to China.
Startup Grind

Friction. Rob Go (@robgo) says when it comes to products, not all friction is bad.
Startup Traction

Being transparent. Fred Wilson (@fredwilson) on being transparent about your long term strategy.
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