33 min listen
Announcing our investment into Satgana Fund I & an established portfolio at 4.2x ?
FromEUVC
ratings:
Length:
50 minutes
Released:
Nov 23, 2023
Format:
Podcast episode
Description
Satgana is a next-generation Climate Tech Venture Capital firm investing in the Future of Earth. With an established portfolio of 13 companies of which ~40% are from underrepresented backgrounds. But maybe most interestingly to many, Satgana boasts an outstanding Multiple on Invested Capital (MOIC) of 4.2x on the fund that is currently closing - in other words; here’s the opportunity to buy in at 1x to a portfolio that’s already achieved quite a mark-up… Seems like impact can go hand-in-hand returns ?.What is more, with a community-focused approach and 60+ Limited Partners, Satgana is a great match for us and clearly well-positioned to become one of our strong partners in the climate space giving us exactly what we look for in emerging managers: potential outlier performance, insights and strong co-investment opportunities.In one sentence, Satgana is looking to support purpose-driven entrepreneurs in Europe and Africa who are developing pain-killers (must-haves), not vitamins (nice-to-haves), to the increasingly severe environmental problems we face today. Needless to say, we’re more than eager to share this in-depth episode and article on Satgana, their journey, and the mission and vision that unites the team behind it.Chapters:00:00:00 - LP Syndicate into Satgana Fund One00:02:16 - eu.vc - a union of values00:04:27 - The Challenge and Opportunity of Climate Change00:06:23 - The Journey to First Close00:08:17 - The Decision to Pursue Funding00:10:21 - Building an Investment Firm with LPs as the Focus00:12:19 - Fee Structure and Carry Model00:14:22 - Investing in Climate Technology00:16:22 - Investing with Strategic Angels00:18:14 - Investment Strategy and Fund Size00:20:09 - Co-investment and Diversification with Angels00:22:00 - The complexities of GP angel collaboration00:23:49 - Following On Potential and Portfolio Performance00:25:50 - Promising Trajectory and Revenue Growth00:27:54 - The Power of Small Funds00:30:01 - Investing in Climate Tech00:32:06 - Addressing Methane Leaks in the Energy Sector00:34:13 - Y Combinator and the European Ecosystem00:36:14 - The Success of Y Combinator and Portfolio Companies00:38:12 - Investing in Africa's Impact Potential00:40:16 - Portfolio Overview and Investment Focus00:42:20 - The Importance of Structure and Tracking Investments00:44:02 - Commitment to Diversity and Social Impact00:46:02 - Reaching Out on LinkedIn
Released:
Nov 23, 2023
Format:
Podcast episode
Titles in the series (100)
#12 Yuri Navarro, Kanata Ventures: Yuri Navarro is the founder and managing partner at Kanata Ventures. At Kanata they invest in promising B2B Enterprise technology startups and help them enter the North American market through Canada. Kanata Ventures operates out of Toronto and is... by EUVC