Genesis Ventures Company Research Report

Company Overview

Name and Mission

Name: Genesis Ventures

Mission: Genesis Ventures aims to provide capital and hands-on support to early-stage founders in Greece and Southeast Europe. Their mission includes becoming the go-to venture capital fund for Greek (including diaspora) and South East Europe startups, while achieving superior returns for their investors and building a vibrant angel investor community.

Founding Details

Year Founded: 2020

Founders: Co-founded by Stergios Anastasiadis and Dimitrios Maroulis.

Key People

Stergios Anastasiadis: Partner & Co-Founder

Dimitrios Maroulis: Partner & Co-Founder

Lefteris Papadopoulos: Manager

Filippos Tamvakakis: Investment Associate

Headquarters

Location: Athens, Greece

Number of Employees

Approximate Count: 2-10 employees

Revenue

Information Available: No information is available.

Recognition

Notable For: Genesis Ventures is known for being an angel co-investment fund that provides pre-seed/seed capital and support to early-stage founders, with an emphasis on transforming Greece into a tech hub and producing unicorn companies.

Products

Product Offerings: Genesis Ventures primarily offers financial capital and business development support in the form of:

Capital Deployment: Ticket sizes range from €100,000 to €400,000 for more than 70 early-stage companies over 4 years.

Coaching: One-on-one sessions focused on idea validation, product development, and go-to-market strategies.

Connection: Introductions to VCs and potential global customers.

Acceleration Programs: Includes a 6-week program aimed at preparing startups for their first institutional investment.

Key Features

Venture Building and Acceleration Programs: Designed to help startups build teams and secure their first institutional ticket.

Diverse Sectors: Investments made across various sectors including Enterprise SaaS, Fintech, Healthcare, and more.

Focus on Regional Growth: Aimed at startups with a branch or subsidiary in Greece, although they are open to founders globally.

Recent Developments

Recent Developments in the Company

DayOne Program: DayOne is a 6-week founder program aimed at startups seeking initial institutional investment and global scaling opportunities.

Successful Investments: This includes investments in startups like Progressive Robotics, myTeam, and Uplodio, which have received follow-on funding rounds.

New Partnerships: Partnerships have been developed with angel investors and previous founders to support the fund’s mission.

New Products Launched

Financial and Development Programs: Continued development and acceleration of programs such as the DayOne to foster startup growth.

New Features Added to Existing Products

Increased Funding Ticket Size: The DayOne funding ticket has increased to €200,000, designed to help startups with their initial scaling efforts.

New Partnerships

Supported by EIF: Backed by the European Investment Fund with a €20 million investment, mobilizing up to €40 million by co-investing with angel investors.

Additional Information

Trust and Ownership

Values: Genesis Ventures operates with transparency, taking ownership of their portfolio companies’ development without excuses.

Industry Impact

Future Plans: Genesis Ventures aims to shape a technological ecosystem in Greece by providing opportunities for hard-working entrepreneurs, making it a significant player in emerging company development within the region.

Press Mentions

Media Coverage: The fund has been covered in media for pioneering co-investment strategies in Greece and supporting tech startups through financial backing and partnership with the European Investment Fund.

This comprehensive report on Genesis Ventures highlights the firm's mission, strategic offerings, and recent developments within the regional tech ecosystem, underlining its role as a transformative venture capital fund in Greece and Southeast Europe.