From Wikipedia, the free encyclopedia
  • Comment: Needs a lot of cleanup to make it less promotional, also bare urls for references are nearly unreadable and external links shouldn't be in the body. Chaotic Enby ( talk · contribs) 15:20, 5 June 2024 (UTC)
  • Comment: Fails NORG, looks PROMO — Saqib ( talk I contribs) 14:10, 5 June 2024 (UTC)

Foundamental
Company typeVenture Fund
Industry Venture Capital
Founded2018
Key people
Patric Hellermann, Founding Partner

Shubhankar Bhattacharya, General Partner

Adam Zobler, General Partner
AUM$150 million (2022)
Website foundamental.com

Foundamental is a global venture capital firm. It was founded in 2018 and manages $150 million in capital commitments as of 2022. Foundamental focuses on venture investments in B2B technology sectors, including construction, 3D and computer-aided design, renovation, workforce, robotics, and supply chains and logistics. Foundamental was early investor in Infra.Market, last valued at $2.5 billion in May 2024. [1]

History

Funds

Foundamental was formed in 2018 and closed its first early-stage fund capitalized at $65 million in 2019. [2] [3] The firm closed its second early-stage fund capitalized at $85 million in 2022, [3] [4] [5] bringing its total capital commitments above $150 million as of 2022. [6]

Foundamental focuses on five B2B verticals: Construction, 3D and computer-aided design, renovation, blue-collar workforce and robotics, and supply chains and logistics. [7]

Investments

Foundamental invests globally in North America, Europe, Asia-Pacific, Latin America and Africa [2] [8], aiming to be the first institutional investor. [9]

Notable companies funded early by Foundamental include Enter [10] [11] [12], Infra.Market [1] [13] [14] [15], Mighty Buildings [16] [17], Monumental [18] [19], Snaptrude [20] [21], Speckle [22] [23], Tazapay [24] [25], and Wiz Freight [26] [27]

Portfolio

As of June 2024, Foundamental's portfolio companies were valued at an aggregate Fair value of $6.4 billion [28] (2022: $5.4 billion [6]). Foundamental stated its portfolio firms had raised equity-capital of $2.1 billion, and the firm had completed 128 investments [28] (2022: 61 investments [2]) in 22 countries globally. [29]

Seven of Foundamental's portfolio firms have achieved more than $100 million in annual revenues. 81% of the startups Foundamental invested in have graduated to receive follow-on funding. [3] [6] [29] [30] Infra.Market had been profitable in 38 of the first 40 months after Foundamental had invested. [15]

Partners

As of 2022, Foundamental is managed by Founding Partner Patric Hellermann [15] [31] and General Partners Adam Zobler and Shubhankar Bhattacharya. [32] Zobler was previously Managing Director at G Squared [33] [34] and Bhattacharya served previously at leading Indian VC firm Kae Capital [35] as Partner. [36]

See also

References

  1. ^ a b Singh, Manish (2024-05-28). "MARS doubles down on India's Infra.Market with new $50M investment". TechCrunch. Retrieved 2024-06-05.
  2. ^ a b c Clawson, Trevor. "Building On It: Why A Berlin-Based VC Is Focused On Construction Tech". Forbes. Retrieved 2024-06-05.
  3. ^ a b c Sawers, Paul (2022-12-13). "Foundamental closes $85M fund for early-stage construction tech startups". TechCrunch. Retrieved 2024-06-05.
  4. ^ "Foundamental to double down on construction tech startups in L..." Inside. Retrieved 2024-06-05.
  5. ^ "Foundamental legt Fonds in Höhe von 85 Mio. US-Dollar a..." www.startup-insider.com (in German). Retrieved 2024-06-05.
  6. ^ a b c "Again seeking to disrupt the multi-trillion dollar construction industry, VC Foundamental closes its second fund at $85 million". Tech.eu. 2022-12-13. Retrieved 2024-06-05.
  7. ^ "Foundamental | The Global Investor in AEC and Construction Technology". www.foundamental.com. Retrieved 2024-06-05.
  8. ^ Njanja, Annie (2023-02-20). "Jumba, a Kenyan startup simplifying sourcing of construction supplies, raises $4.5M". TechCrunch. Retrieved 2024-06-05.
  9. ^ FinSMEs (2022-12-14). "foundamental-closes-second-fund-at-85m". FinSMEs. Retrieved 2024-06-05.
  10. ^ "Enter - Dein Rundum-Service für die energetische Sanierung 🌍". www.enter.de (in German). Retrieved 2024-06-10.
  11. ^ "Enter - Raised $27.1M Funding from 7 investors - Tracxn". tracxn.com. 2024-06-04. Retrieved 2024-06-05.
  12. ^ Butcher, Mike (2023-04-21). "Home energy assessment startup Enter raises €19.4M Series A to expand in Germany and beyond". TechCrunch. Retrieved 2024-06-05.
  13. ^ "Building and Construction Materials Supplier | Civil Material Suppliers in India - Infra.Market". InfraMarket - InfraMarket. Retrieved 2024-06-10.
  14. ^ "Investors Call It The 'Amazon Of Construction'. Meet The Builders Of Infra.Market, The Now $2.5 Billion Behemoth". Forbes India. Retrieved 2024-06-05.
  15. ^ a b c "Handelsblatt". www.handelsblatt.com. Retrieved 2024-06-05.
  16. ^ "Mighty Buildings - Beautiful, Sustainable Homes for All". www.mightybuildings.com. Retrieved 2024-06-10.
  17. ^ Goehrke, Sarah. "Mighty Buildings Raises $40 Million For Sustainable, Certified 3D Printed Housing". Forbes. Retrieved 2024-06-05.
  18. ^ "Monumental". www.monumental.co. Retrieved 2024-06-10.
  19. ^ "Startup emerges from stealth with $25 million for robots that lay bricks as fast as humans—and fill the huge shortage of laborers". Fortune. Retrieved 2024-06-05.
  20. ^ "Snaptrude | Design better buildings together". www.snaptrude.com. Retrieved 2024-06-10.
  21. ^ Singh, Jagmeet (2023-01-04). "Snaptrude gets VC backing to take on Autodesk in building design space". TechCrunch. Retrieved 2024-06-05.
  22. ^ "Speckle - The Platform For 3D Data". Speckle - The Platform For 3D Data. 2024-05-03. Retrieved 2024-06-10.
  23. ^ Miller, Ron (2022-04-14). "Speckle snags $5.5M seed to build open source platform for 3D drawings". TechCrunch. Retrieved 2024-06-05.
  24. ^ "Tazapay: Leading Cross-Border Payment Platform for Secure Collection, Hold, and Payout". tazapay.com. Retrieved 2024-06-10.
  25. ^ Shu, Catherine (2023-02-10). "Sequoia Capital Southeast Asia backs cross-border payments startup Tazapay". TechCrunch. Retrieved 2024-06-05.
  26. ^ "Wiz | Digital Freight Forwarder for modern-day logistics". wizfreight.com. Retrieved 2024-06-10.
  27. ^ "Wiz Freight Announces INR 125 Crore Series B Funding led by Japanese Venture Capital SBI Investment & Nippon Express - Maritime Gateway". 2024-02-01. Retrieved 2024-06-05.
  28. ^ a b "Foundamental | Portfolio". www.foundamental.com. Retrieved 2024-06-05.
  29. ^ a b "The database". The database. Retrieved 2024-06-05.
  30. ^ "Foundamental closes $85M fund for early-stage construction tech startups". Yahoo Life. 2022-12-13. Retrieved 2024-06-05.
  31. ^ "TIS - Technology & Innovation Summit 2024". www.innovation-center.com. Retrieved 2024-06-05.
  32. ^ "Foundamental closes $85 million fund to invest in early-stage construction tech startups - Tech Startups". 2022-12-13. Retrieved 2024-06-05.
  33. ^ "G Squared". G Squared. Retrieved 2024-06-10.
  34. ^ "Adam Zobler: Positions, Relations and Network - MarketScreener". ca.marketscreener.com. Retrieved 2024-06-05.
  35. ^ "Home - Kae Capital". kae-capital.com. 2022-11-09. Retrieved 2024-06-10.
  36. ^ "Six Things To Remember As An Entrepreneur To Avoid Rejection". timesofindia.indiatimes.com. Retrieved 2024-06-05.

Category:Venture capital firms

From Wikipedia, the free encyclopedia
  • Comment: Needs a lot of cleanup to make it less promotional, also bare urls for references are nearly unreadable and external links shouldn't be in the body. Chaotic Enby ( talk · contribs) 15:20, 5 June 2024 (UTC)
  • Comment: Fails NORG, looks PROMO — Saqib ( talk I contribs) 14:10, 5 June 2024 (UTC)

Foundamental
Company typeVenture Fund
Industry Venture Capital
Founded2018
Key people
Patric Hellermann, Founding Partner

Shubhankar Bhattacharya, General Partner

Adam Zobler, General Partner
AUM$150 million (2022)
Website foundamental.com

Foundamental is a global venture capital firm. It was founded in 2018 and manages $150 million in capital commitments as of 2022. Foundamental focuses on venture investments in B2B technology sectors, including construction, 3D and computer-aided design, renovation, workforce, robotics, and supply chains and logistics. Foundamental was early investor in Infra.Market, last valued at $2.5 billion in May 2024. [1]

History

Funds

Foundamental was formed in 2018 and closed its first early-stage fund capitalized at $65 million in 2019. [2] [3] The firm closed its second early-stage fund capitalized at $85 million in 2022, [3] [4] [5] bringing its total capital commitments above $150 million as of 2022. [6]

Foundamental focuses on five B2B verticals: Construction, 3D and computer-aided design, renovation, blue-collar workforce and robotics, and supply chains and logistics. [7]

Investments

Foundamental invests globally in North America, Europe, Asia-Pacific, Latin America and Africa [2] [8], aiming to be the first institutional investor. [9]

Notable companies funded early by Foundamental include Enter [10] [11] [12], Infra.Market [1] [13] [14] [15], Mighty Buildings [16] [17], Monumental [18] [19], Snaptrude [20] [21], Speckle [22] [23], Tazapay [24] [25], and Wiz Freight [26] [27]

Portfolio

As of June 2024, Foundamental's portfolio companies were valued at an aggregate Fair value of $6.4 billion [28] (2022: $5.4 billion [6]). Foundamental stated its portfolio firms had raised equity-capital of $2.1 billion, and the firm had completed 128 investments [28] (2022: 61 investments [2]) in 22 countries globally. [29]

Seven of Foundamental's portfolio firms have achieved more than $100 million in annual revenues. 81% of the startups Foundamental invested in have graduated to receive follow-on funding. [3] [6] [29] [30] Infra.Market had been profitable in 38 of the first 40 months after Foundamental had invested. [15]

Partners

As of 2022, Foundamental is managed by Founding Partner Patric Hellermann [15] [31] and General Partners Adam Zobler and Shubhankar Bhattacharya. [32] Zobler was previously Managing Director at G Squared [33] [34] and Bhattacharya served previously at leading Indian VC firm Kae Capital [35] as Partner. [36]

See also

References

  1. ^ a b Singh, Manish (2024-05-28). "MARS doubles down on India's Infra.Market with new $50M investment". TechCrunch. Retrieved 2024-06-05.
  2. ^ a b c Clawson, Trevor. "Building On It: Why A Berlin-Based VC Is Focused On Construction Tech". Forbes. Retrieved 2024-06-05.
  3. ^ a b c Sawers, Paul (2022-12-13). "Foundamental closes $85M fund for early-stage construction tech startups". TechCrunch. Retrieved 2024-06-05.
  4. ^ "Foundamental to double down on construction tech startups in L..." Inside. Retrieved 2024-06-05.
  5. ^ "Foundamental legt Fonds in Höhe von 85 Mio. US-Dollar a..." www.startup-insider.com (in German). Retrieved 2024-06-05.
  6. ^ a b c "Again seeking to disrupt the multi-trillion dollar construction industry, VC Foundamental closes its second fund at $85 million". Tech.eu. 2022-12-13. Retrieved 2024-06-05.
  7. ^ "Foundamental | The Global Investor in AEC and Construction Technology". www.foundamental.com. Retrieved 2024-06-05.
  8. ^ Njanja, Annie (2023-02-20). "Jumba, a Kenyan startup simplifying sourcing of construction supplies, raises $4.5M". TechCrunch. Retrieved 2024-06-05.
  9. ^ FinSMEs (2022-12-14). "foundamental-closes-second-fund-at-85m". FinSMEs. Retrieved 2024-06-05.
  10. ^ "Enter - Dein Rundum-Service für die energetische Sanierung 🌍". www.enter.de (in German). Retrieved 2024-06-10.
  11. ^ "Enter - Raised $27.1M Funding from 7 investors - Tracxn". tracxn.com. 2024-06-04. Retrieved 2024-06-05.
  12. ^ Butcher, Mike (2023-04-21). "Home energy assessment startup Enter raises €19.4M Series A to expand in Germany and beyond". TechCrunch. Retrieved 2024-06-05.
  13. ^ "Building and Construction Materials Supplier | Civil Material Suppliers in India - Infra.Market". InfraMarket - InfraMarket. Retrieved 2024-06-10.
  14. ^ "Investors Call It The 'Amazon Of Construction'. Meet The Builders Of Infra.Market, The Now $2.5 Billion Behemoth". Forbes India. Retrieved 2024-06-05.
  15. ^ a b c "Handelsblatt". www.handelsblatt.com. Retrieved 2024-06-05.
  16. ^ "Mighty Buildings - Beautiful, Sustainable Homes for All". www.mightybuildings.com. Retrieved 2024-06-10.
  17. ^ Goehrke, Sarah. "Mighty Buildings Raises $40 Million For Sustainable, Certified 3D Printed Housing". Forbes. Retrieved 2024-06-05.
  18. ^ "Monumental". www.monumental.co. Retrieved 2024-06-10.
  19. ^ "Startup emerges from stealth with $25 million for robots that lay bricks as fast as humans—and fill the huge shortage of laborers". Fortune. Retrieved 2024-06-05.
  20. ^ "Snaptrude | Design better buildings together". www.snaptrude.com. Retrieved 2024-06-10.
  21. ^ Singh, Jagmeet (2023-01-04). "Snaptrude gets VC backing to take on Autodesk in building design space". TechCrunch. Retrieved 2024-06-05.
  22. ^ "Speckle - The Platform For 3D Data". Speckle - The Platform For 3D Data. 2024-05-03. Retrieved 2024-06-10.
  23. ^ Miller, Ron (2022-04-14). "Speckle snags $5.5M seed to build open source platform for 3D drawings". TechCrunch. Retrieved 2024-06-05.
  24. ^ "Tazapay: Leading Cross-Border Payment Platform for Secure Collection, Hold, and Payout". tazapay.com. Retrieved 2024-06-10.
  25. ^ Shu, Catherine (2023-02-10). "Sequoia Capital Southeast Asia backs cross-border payments startup Tazapay". TechCrunch. Retrieved 2024-06-05.
  26. ^ "Wiz | Digital Freight Forwarder for modern-day logistics". wizfreight.com. Retrieved 2024-06-10.
  27. ^ "Wiz Freight Announces INR 125 Crore Series B Funding led by Japanese Venture Capital SBI Investment & Nippon Express - Maritime Gateway". 2024-02-01. Retrieved 2024-06-05.
  28. ^ a b "Foundamental | Portfolio". www.foundamental.com. Retrieved 2024-06-05.
  29. ^ a b "The database". The database. Retrieved 2024-06-05.
  30. ^ "Foundamental closes $85M fund for early-stage construction tech startups". Yahoo Life. 2022-12-13. Retrieved 2024-06-05.
  31. ^ "TIS - Technology & Innovation Summit 2024". www.innovation-center.com. Retrieved 2024-06-05.
  32. ^ "Foundamental closes $85 million fund to invest in early-stage construction tech startups - Tech Startups". 2022-12-13. Retrieved 2024-06-05.
  33. ^ "G Squared". G Squared. Retrieved 2024-06-10.
  34. ^ "Adam Zobler: Positions, Relations and Network - MarketScreener". ca.marketscreener.com. Retrieved 2024-06-05.
  35. ^ "Home - Kae Capital". kae-capital.com. 2022-11-09. Retrieved 2024-06-10.
  36. ^ "Six Things To Remember As An Entrepreneur To Avoid Rejection". timesofindia.indiatimes.com. Retrieved 2024-06-05.

Category:Venture capital firms


Videos

Youtube | Vimeo | Bing

Websites

Google | Yahoo | Bing

Encyclopedia

Google | Yahoo | Bing

Facebook