Picus Capital

We are excited to announce our participation in Niva's USD 3.3 million first round of funding as the company comes out of stealth. The round was led by Gradient Ventures (Google's AI-focused fund), and we invested alongside our friends from Canary, Gilgamesh Ventures as well as angels from Chime, Deel, Enigma, and Faire. Abhinav’s and Akhil’s vision to build the global KYB platform resonated deeply with us as a globally active investment firm - the team has identified a massive opportunity and is utilizing AI to support globally active businesses & their international operations at scale. We are incredibly proud of the founders Abhinav and Akhil and excited that we were able to see Niva grow from day one! To get more insights, make sure to have a look at the article below from Axios. https://lnkd.in/dM_JsEnd

Welcome to the team, Maseo! We are excited to announce that Maseo recently joined our New York office as Senior Legal Counsel. Maseo earned his law degree from Tulane University Law School. He also spent a semester studying international business law at The University of Hong Kong Faculty of Law, where he learned about foreign direct investment into and out of China. Having gained his expertise in the private equity practice group of Haynes and Boone, LLP we are happy to have him on the team to work on our global investment activities. In his free time, Maseo enjoys playing and watching basketball, soccer, and lacrosse and is passionate about travel and non-fiction literature.

Five future HR-unicorns ahead? 8 years ago Picus Capital made its first investment in the HR-startup Personio which later turned into a multi-billion euro company and the market leader for HR software. But is the HR software market satiated already? Our Managing Director and Founding Partner Robin Godenrath shared his thoughts with the leading German start-up media Gründerszene. If you want to find out more about which 5 HR-startups are on his watchlist for future unicorns make sure to read the article below. https://lnkd.in/dhdGc89F #Gründerszene #HR #VC #VentureCapital

What is Picus Capital’s strategy for investing in emerging markets? Our partner and head of India Naman Jhawar recently sat down with the leading Indian financial news outlet VCCircle to talk about what makes India an attractive market to invest in. "Our unique funding strategy includes a combination of private financing and a global growth fund. This combined with our cohesive global team organised in various sectors allows us to leverage our expertise to back entrepreneurs who are developing solutions with a global reach. In particular we are very bullish on the energy transition, as well as digitization of healthcare infrastructure" Find out more in the full article! https://lnkd.in/gU3FDtqB #VC #VentureCapital #India

We are thrilled to announce Picus Capital's continued partnership with our portfolio company Klarity, a leader in enterprise business process & operations automation - supporting some of the largest global businesses in building exponential organizations. Having supported Klarity since its pre-seed round, we are now excited to participate in their $70 million Series B. The round is led by industry leaders Nat Friedman & Daniel Gross, with participation from Scale Venture Partners, Tola Capital, and Y Combinator, amongst others. Since our initial investment, we have been consistently impressed by Andrew, Nischal, and the entire Klarity team's ability to deploy Gen AI-enabled workflow automation to realize significant enterprise value across organizations, with an initial focus on accounting & operations teams. Klarity excels at automating document intensive processes prone to high human error, by increasing accuracy, speed, and freeing up resources for other critical tasks. Their solutions are now trusted by major companies such as Google, OpenAI, DoorDash, MongoDB, and Moody's, amongst many others. Congratulations to the entire Klarity team! We are excited to continue our long-term partnership and look forward to enabling exponential organizations of tomorrow together! https://lnkd.in/dm9Bz5YK #VC #VentureCapital

We are thrilled to announce that we are part of our portfolio company Hive’s EUR 28.2 million Series A extension round led by Earlybird Venture Capital alongside the existing investors Tiger Global Management and alfa8. As the leading operations platform in Europe Hive supports D2C brands seamlessly ship products to their customers through their warehouse and transport management solutions. Following up on their impressive growth throughout the past years, Hive is becoming the core operating system for D2C brands and will maximize the impact for brands around Europe using this additional funding. Congratulations to the founders Franz Purucker, Oskar Ziegler, and Leonard von Kleist, as well as the entire Hive team on this great achievement! As Hive’s first investor, we are thrilled to see the company's development as well as the founders' execution acumen and we continue to be excited to see what the future holds. To find out more, make sure to have a look at this article by Tech.eu! https://lnkd.in/d44e5yZx #VentureCapital #operations #VC

Exciting news! We are thrilled to announce that Picus Capital China has been recognized as one of China's leading early-stage investment institutions. This recognition by 36氪（36kr.com）, one of the most esteemed Chinese VC and startup media outlets, follows our designation as China's Top 10 Dark Horse Newcomer Fund by the same media in 2023. We are excited to have graduated into this new category, reflecting our continued growth and success in the industry. We are incredibly proud of the talented founders and portfolio companies we are privileged to work with and excited to continue our journey together. A special thanks also goes out to all the scouts, experts, and other partners that engage with us on a daily basis to find and vet the best talents in the industry. Here's to continued success and new milestones in the journey ahead! #VentureCapital #36Kr #Startups #VC #China

How will we move from artificial intelligence to AGI? In this month’s episode of The Craft our colleague Patrick got the opportunity to talk with Stephen, the founder and CEO of our portfolio company Orca. Not only will they talk about how a Universität des Saarlandes alumni made it to the forefront of AI in the valley but more important how he wants to facilitate the road to safer AIs. Stephen & Patrick will go into detail about what tech requirements are needed to proceed towards AGI, how we’ll know that we have reached AGI, and whether we will soon hit the ceiling with the current transformer architecture. If you are keen to find out more about why Stephen believes that established big data companies should be racing to acquire startups building chips for AI, what AGI has to do with a chatbot on steroids, and what the future of AI has to do with napkins at Michelin star restaurants, don’t miss out on tuning into the latest episode of the Craft! Listen to the latest episode & sign up to Patrick's podcast 'The Craft - Pioneers of the Coding Frontier': Substack: https://lnkd.in/euFT6C_k Spotify: https://lnkd.in/d2KMyJ-H Don't miss previous episodes featuring the following amazing tech wizards: 🔥 Daniel Krauss - CIO & Co-Founder Flix 🔥 Sean Mullaney - CTO at Algolia 🔥 Matt Butcher - Co-Founder & CEO Fermyon Technologies 🔥 Christian Beedgen - Founder & ex-CTO Sumo Logic 🔥 Niilo Säämänen - CTO Wolt #CTO #techpodcast #AGI #AI #RAG

We couldn’t be more excited to share that we are doubling down and co-leading Resilience’s $25M round together with Red River West and being joined by existing investors Singular, Cathay Innovation, Seaya. Since partnering with Resilience in 2022, we’ve been amazed by Jonathan, Celine, and the entire team’s dedication to enhancing patient quality of life and survival. The Resilience platform, a class IIa medical device, and its patient-centric mobile app are revolutionizing oncology care by personalizing and humanizing the patient journey. With 19 ongoing clinical studies and partnerships in multicentric research, Resilience's remote patient care solution is now deployed in over 90 medical centers, serving more than 10,000 patients. The crowning moment came in October 2023, when Resilience became the first remote monitoring medical device in oncology to receive reimbursement from France's national social security, solidifying its status as a new standard of care in oncology follow-up. This is only the beginning – and the team has big plans (covered extensively by Sifted https://lnkd.in/dh-Z6tp4) To Jonathan, Celine, and the entire Resilience team – we couldn’t be more excited to partner with you on the next phase of building the platform that defines the future of patient care and wellbeing. #healthcare #care #futureofcare #resilience Paul-Louis BELLETANTE, Nicolas Helleringer, Matthieu Pozza, Raphaëlle Martin-Neuville, Timothée Weill, Marion Zunz, Charles Ferté, Lucas Camedescasse, Arnaud Ollier Ouahiba Thiery Joseph Houssais, Olivier Huez, Alex Rohregger, Raphael Mukomilow, Robin Godenrath Jeremy Uzan, Raffi Kamber, Beatriz Gonzalez, , Jacky Abitbol, Costanza Carissimo Gustave Roussy, Kai Nicol-Schwarz

We couldn’t be more excited to share that we are doubling down and co-leading Resilience’s $25M round together with Red River West and being joined by existing investors Singular, Cathay Innovation, Seaya. Since partnering with Resilience in 2022, we’ve been amazed by Jonathan, Celine, and the entire team’s dedication to enhancing patient quality of life and survival. The Resilience platform, a class IIa medical device, and its patient-centric mobile app are revolutionizing oncology care by personalizing and humanizing the patient journey. With 19 ongoing clinical studies and partnerships in multicentric research, Resilience's remote patient care solution is now deployed in over 90 medical centers, serving more than 10,000 patients. The crowning moment came in October 2023, when Resilience became the first remote monitoring medical device in oncology to receive reimbursement from France's national social security, solidifying its status as a new standard of care in oncology follow-up. This is only the beginning – and the team has big plans (covered extensively by Sifted https://lnkd.in/dh-Z6tp4) To Jonathan, Celine, and the entire Resilience team – we couldn’t be more excited to partner with you on the next phase of building the platform that defines the future of patient care and wellbeing. #healthcare #care #futureofcare #resilience Paul-Louis BELLETANTE, Nicolas Helleringer, Matthieu Pozza, Raphaëlle Martin-Neuville, Timothée Weill, Marion Zunz, Charles Ferté, Lucas Camedescasse, Arnaud Ollier Ouahiba Thiery Joseph Houssais, Olivier Huez, Alex Rohregger, Raphael Mukomilow, Robin Godenrath Jeremy Uzan, Raffi Kamber, Beatriz Gonzalez, , Jacky Abitbol, Costanza Carissimo Gustave Roussy, Kai Nicol-Schwarz