Marc P. Bernegger

For 200 years, our economic growth has been borrowed from Nature. Now, the Nature Bank is empty... 🐼❌ ➡️ 3 reasons why investing in Nature is a strategic business necessity Nature Capital is the backbone of our economic model. Prof. Dr. Martin R. Stuchtey from The Landbanking Group (and previous founder of Systemiq Ltd.) joined me to go deep on the impact of investing in Nature. Watch our episode to understand why nature capital might be the most crucial asset class of the 21st century. Full episode here 👉 https://lnkd.in/difPBfBk #NatureCapital #NatureSwag

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If your currently missing out on the SVRN train 🚂 then you need to get on it now! SVRN is the future of venture and these are the founders & investors who will be generating Trillions in GDP, creating millions of jobs, educating the masses, and driving innovation for business, tech, art, and culture for the economy during the next several decades. Mark my words & don’t miss out on this opportunity to build relationships with those founders & investors!

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atai (Nasdaq: ATAI) went public almost exactly 3 years ago. I am fully aware that ATAI Life Sciences AG (as well as most other psychedelic stocks) are trading roughly at all-time lows. While I know this is painful for all shareholders, including myself, the share price doesn’t reflect what I believe the fundamental prospects are:   ·      While I understand that biotech stocks are especially sensitive to interest rates – and that’s why, IMO, many other high quality biotech stocks are suffering the same share price dynamics as atai – atai has 8 (!) clinical stage (!) drugs in development to help tackle some of the most prevalent mental health issues of our time.   ·      Biotech always has the risk that trials don’t work out due to safety and/or efficacy. However, atai’s pipeline has purposefully targeted those (psychedelic) compounds with prior human evidence, which provides valuable insight into their safety and effectiveness and de-risks its pipeline.   ·      atai is the only company featuring a pipeline that, IMO, contains all major psychedelics that both make sense for development as a drug and which are supported by a strong patent estate - namely, psilocybin / psilocin, DMT, 5-MeO-DMT and ibogaine.   ·      Plus 2 psychedelic-adjacent compounds: R-Ketamine and R-MDMA.   ·      Plus 2 non-psychedelic mental health drugs.   ·      I know that many expect that the roll out of psychedelic therapy will be slow, as we indeed need to educate doctors and patients about a new treatment paradigm. However, I have exactly the opposite opinion: psychedelics have already arrived in society (from “How to change your mind” on Netflix to every dinner conversation I have), and many, many people touched by psychedelics go on to become “advocates”. The demand is there and is eagerly awaiting atai’s success. In my opinion, those who believe psychedelics will have a slow roll out will be very positively surprised.   ·      Yes, Spravato’s roll out was initially slow, but IMO it was because they didn’t initially know how to handle the roll out for a psychedelic drug. It was also a different time. And to give J&J credit, they paved the way for the 2-hour treatment window most of atai’s psychedelic compounds are designed to fall into. And if you look at Spravato’s numbers today you see they are now growing substantially and anticipated to shortly hit “blockbuster” status.   Please check out my blog post from earlier this year for more information.   I know it’s not easy for shareholders to navigate this ongoing biotech winter. But I deeply believe in the mission of atai and am of the mind that it will massively pay off: for patients and shareholders alike. #investing #future https://lnkd.in/gws78cV9

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🌟Introducing Koyo Capital Many of you have been asking about my next steps and plans. Over the past decade, as an active member of the Swiss Venture Ecosystem, I participated in over 100 venture transactions, supported many founders on their journey, co-founded Aare Ventures, by now one of the now largest Swiss business angel clubs, and took part in numerous venture initiatives across Switzerland. This experience allowed me to grow as venture capitalist and to become an entrepreneur myself. I am grateful to everyone who has trusted and continues to trust in me and my capabilities. 🚀 Today, I am thrilled to announce the launch of Koyo Capital, alongside my co-founder Max Meister. We gathered an incredible team of individuals around us including Anna H. Roth-Gardlo, Maximilian Boelck and more tba. Leveraging our extensive knowledge of the VC world and our experience of what works and what clearly doesn’t, we developed our unique investment thesis and strategy that we are executing at koyo. 🍁 Koyo represents the discovery of hidden gems. While Japan is internationally renowned for Sakura, its cherry blossom season, for locals, Koyo, which describes the colourfulness of autumn, is an equally significant event. The diversity of colours and the uniqueness of each leaf mirror the landscape of startups. Each company is unique, with distinct strengths, diverse teams, innovative business ideas & products, and specific areas where targeted support can profoundly influence their chances of success. At koyo, we are passionate about uncovering hidden gems and shaping them into successful ventures with an owner-operator approach. VC is not "one size fits all", it is a craft, requiring a tailored value creation playbook for each team. Therefore, we invest in only a few carefully selected companies with highest conviction, allowing us to dedicate the time necessary to best support the companies on their journey to relevance. With our investment thesis “Fortify and Explore”, we focus on ventures predominantely at the post-seed stage in the sectors: 💻 AI as Infrastructure 🛡️ Cyber Security and Resilience 🔗 Web3 🧬 AI in Life Sciences and Diagnostics 🤖 Robotics and Intelligent Systems, 🚀 Space Technologies ⚛️ Quantum Technologies We hit the ground running, with a first syndicated investment in RAAAM™ Memory Technologies, a potential outlier in the semiconductor space. I am looking forward to continuing collaborating with visionary entrepreneurs and investors and to support our ecosystem in growing to maturity over the next decades.

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Pleased to share some insights into our latest fund SSV II 🛰 🌌 Following the same strategy as its original SpaceTech-focused venture fund, a top-performing fund for its vintage, SSV II aims to build a portfolio of c.30 companies. The Fund has already made nine investments. The 9 companies currently making up the SSV II portfolio are: 💫 Hubble Network – Internet of Things satellite constellation for connecting directly to billions of Bluetooth-enabled devices Delos Insurance Solutions – Space data-powered wildfire home insurance provider ATMOS Space Cargo – Space cargo return service for life sciences Auriga Space – Novel electromagnetic launch system Array Labs- 3D satellite imagery on a global scale Privateer Space - constellation of small SATs for in-Space Situational Awareness (SSA) Ubotica Technologies - Live Earth Intelligence (Space: AI) Renoster - Deep Transparency for nature-based carbon projects constellr - Space data-powered high-precision smart farming services Find out more👀 https://lnkd.in/eS_9w7c3

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Bridging the distributed ledger technologies (DLT) of Enterprise Ethereum Hyperledger Foundation Beus and R3 Corda platform. The trade execution was fully automated and programmed via smart contracts. Interoperability is not the bottleneck , there are solutions to achieve seamless integrations #interoperability #adoption

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Once more an excellent longread by Andreessen Horowitz .... ⚡ 🔌 Decentralizing the Electric grid ... Recommended reading to grasp the dynamics of decentralisation , applied to the energy market in the US (but relevant for EU). 💬 "Critically, to build this decentralized grid demands our most talented entrepreneurs and engineers: We need a “smart grid” with serious innovation across ahead-of-the-meter, behind-the-meter, and grid software technology. Policy and economic tailwinds will accelerate this electricity evolution, but it will fall to the private sector to ensure this decentralized grid works better than the old one."

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While private market LPs are holding out from the market, public sector LPs are more important than ever. Public investors like EIF and KFW are stepping up to support Europe's VC landscape, especially critical during economic uncertainties. We invited David Dana of EIF and Christian Roehle of KFW, as well as Joe Schorge of Isomer Capital and Michael Sidgmore of Broadhaven Venture to have a discussion for The State of European Fundraising Report. Here's why we think their support matters for the ecosystem. Brings stability in uncertain times. Public investors provide crucial support, ensuring promising VC funds get a foothold even in downturns. It's shifting our focus. Their investments are increasingly targeting sustainability, climate tech, and disruptive innovation (deep tech, AI, etc.). It creates a lifeline for emerging funds. Public involvement is often vital for not just the first closing of funds but for their very existence. Learn how to navigate the effects of the #TechReset. Get insights from The State of European Fundraising Report. https://buff.ly/3KJ23W3 Delivered to you by EUVC | Isomer Capital | Floww. #EUVC #fundraising #venturecapital #industryreport

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⏩ Funding Innovation : Early-Stage Venture Capital in Switzerland Did you know Switzerland consistently ranks #1 in Global Innovation Index. This innovation powerhouse fosters a thriving startup ecosystem, particularly strong in Fintech and HealthTech, but increasingly diverse. Swiss startups seeking early funding can leverage a vibrant domestic VC scene. Key players focus on pre-seed, seed, and Series A rounds, fueling the next generation of groundbreaking companies. To learn more about VC landscape and key players in the Early stage VC scene in Switzerland, https://lnkd.in/gfagv3gG Tomahawk.VC Sangha Capital SA LongeVC Carbon Removal Partners 14Peaks Capital Lightbird emma Ventures QAI Ventures Forty51 Ventures Apprecia Capital Looking to connect with VCs ? Zefyron's comprehensive database of 2M startups and 350K investors is your one-stop shop! Zefyron streamlines fundraising and investor scouting with pitch deck and valuation tools. Plus, manage portfolios, host events, and track industry trends – all on one platform for meaningful collaborations. ⚫ Explore Zefyron: bit.ly/Zefyron ⚫ Sign up for FREE: bit.ly/ZefyronFree #Switzerland #Innovation #StartupFunding #ZefyronStartupDatabase

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There is a lot happening in #impact #investing? New questions regarding the role of #AI in supporting portfolios. And old ones, like can an #NGO attract investors. And how? Should we even? Let's dive it (some) of it next week: https://lnkd.in/eiHy8FGD

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Self-sovereign identity (SSI) - the future of Health Data? https://lnkd.in/ev3DxMEp Self-sovereign identity (SSI) holds immense potential to revolutionize the future of health data, empowering individuals to take control of their information and fostering a more secure, transparent, and patient-centric healthcare ecosystem. Here's how: Empowering patients: > Data ownership and control: SSI enables individuals to store and manage their health data in secure digital wallets, granting access to specific parties with granular control. This puts patients in the driver's seat, deciding who sees their data and for what purpose. > Improved data exchange: Patients can easily share their medical records with healthcare providers, researchers, or insurers by presenting verifiable credentials (proof of specific attributes) without revealing unnecessary information. This facilitates better care coordination and research opportunities. > Increased transparency and trust: Patients can track how their data is used and revoke access if needed, promoting greater transparency and trust in the healthcare system. Enhancing security and privacy: > Reduced data breaches: By eliminating centralized data repositories, SSI minimises the risk of large-scale breaches. Patients' health data remains encrypted and under their control, reducing the attack surface for hackers. > More granular consent management: Patients can grant fine-grained access permissions, specifying what data can be accessed and for how long. This offers more control over their privacy and minimizes data oversharing. > Improved compliance with regulations: SSI facilitates easier compliance with data privacy regulations like GDPR and HIPAA by enabling patients to manage their data consent and access logs efficiently. Buy Side, Sell Side, Growth & Strategy services for HealthTech, Digital Health and Health IT businesses in the UK, Europe, Middle East and Africa > Healthcare Technology Thought Leadership from Nelson Advisors – Market Insights, Analysis & Predictions. Visit https://lnkd.in/ezyUh5i > HealthTech Corporate Development - Buy Side, Sell Side, Growth & Strategy services for Founders, Owners and Investors. Email lloyd@nelsonadvisors.co.uk  > HealthTech M&A Newsletter from Nelson Advisors - HealthTech, Health IT, Digital Health Insights and Analysis. Subscribe Today! https://lnkd.in/e5hTp_xb > HealthTech Corporate Development and M&A - Buy Side, Sell Side, Growth & Strategy services for companies in Europe, Middle East and Africa. Visit www.nelsonadvisors.co.uk  https://lnkd.in/ev3DxMEp

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💡 Why Investing in ClimateTech Now Makes Sense for LPs! 🌍 During SuperReturn more VCs than ever had been fundraising for their next funds. Potential LPs need to identify the most promising tech vertical. What are the benefits of climate tech compared to others? 1️⃣ Impactful Returns: ClimateTech offers substantial ROI potential while contributing to global sustainability goals. According to Dealroom.co the climate tech ecosystem has increased its combined value by 45x in a decade. 2️⃣ Net Zero Imperative: According to Boston Consulting Group (BCG) up to 31% of the German climate goals cannot be achieved if we do “business as usual”. We need innovative technology & startups to accelerate energy transition. According to Allianz over 75% of emissions reductions must come from emerging technologies. 3️⃣ Critical Funding Gap: Total investments to date are $10T. Sounds to a lot, but to reach Net-Zero we need to reach $215T. 🚀 Seizing the Opportunity Since 2016, Future Energy Ventures has been at the forefront of Climate Tech innovation. LPs of our Fund II include major players like E.ON and the European Investment Fund (EIF) or Energie AG OÖ or CLP. We are supporting those climate tech startups which will be the major digital players in a decarbonized future. #ClimateTech #Sustainability #FutureEnergy #NetZero

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Great insights from Adam Agius on what to consider when raising debt for a search fund buyout. Most relevant to the UK market, but a worthwhile read for all searchers. There's more debt capital keen to support search acquisitions than ever before, but approaching it naively can be very costly...

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Good news about European venture performance is always welcome! 🇪🇺 🥳 But...and actually there are many "buts" on this one...these numbers are pretty meaningless. Where to start? - Apparently the European data is based on just 223 European VC funds spanning vintages from 1986 to 2023*. That's a low single digit percentage of the total number of European VC funds raised over that time. That's incredibly statistically insignificant. - It's IRR and not DPI. IRR can be more easily manipulated. It's done a lot. DPI matters way, waaay more than IRR. - The numbers are of unrealized performance. 😳 Which we all know you can't eat, and can also be rigged. Seriously, who gives a shit about unrealized gains? - Despite all that the numbers end up so close anyways that they're within any reasonable margin of error. So pretty neck and neck in an illiquid asset class. 🤷🏼‍♂️ - Also, let's be honest, averages don't matter in venture. It's a top decile driven asset class. It's all about outliers. That's way more important than geography. European VC is notoriously opaque. Academics often avoid including it in research on VC because of this. Much of European government LP data isn’t public, and government LPs make up a large chunk of LP commitments in Europe. Also, there have been examples of European government LPs selling underperforming fund stakes to other government buyers to prop up their numbers. Any report should be taken with a grain of salt. It’s adorable though that some quickly point to it having to be accurate simply because CA is involved, as if CA is infallible. CA has an agenda in doing this for a client (Invest Europe) which itself has an agenda to push. European venture has made great progress. It's a strong asset class that deserves more LP attention (much of the upside in European tech goes to North American LPs). Let the real numbers speak for themselves though. This ain't that. TLDR: These numbers are unrealized IRR based on a statistically insignificant dataset of funds. It's a nothingburger. https://lnkd.in/eytxpqpk * https://lnkd.in/eE3HTV5W

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NEW VIDEO with Constantin Kogan of TDVC https://lnkd.in/ew9v8h9U 🌟💥 Dive into a riveting exchange between Constantin Kogan and Gordon Einstein as they explore Constantin's thrilling shift from commodity trading to the dynamic world of #crypto! 📈🔗 Constantin delves into his academic pursuits and his intense experiences during the Ukrainian revolution, offering a unique personal and professional perspective. 🌍✨ 🎤💼 They dive deep into the transformative power of social media in their lives, emphasizing the importance of quality content, smart distribution, and strategies to captivate and keep their audience! 📱👀 Plus, don't miss insights into Bullperks and TDVC, where Constantin leads innovative blockchain ventures aiming to reshape investment landscapes globally. 🚀🌐 🤝🎙️ Experience their shared commitment to collaboration, with plans to join forces in person and create impactful future events. Constantin's passion for sharing knowledge and Gordon's enthusiasm for connecting through stories shine throughout their discussion. 🌟📅 📊🍽️ The conversation wraps with an exciting invite for Constantin to engage more deeply by speaking at investor lunches, spreading inspiration and pulling more minds into their fascinating discussions. 🎉🤗 Don't miss this blend of personal journeys and professional insights, only on our channel! #bitcoin #blockchain #ethereum

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Invest Europe’s Human Rights Resources for Investors is out. It is a set of available resources selected for investors aimed at supporting the practical consideration of human rights in the investment process. As Martin Bresson wrote announcing this initiative: “Addressing human rights issues, in portfolio companies and in value chains, has become both more acutely needed and increasingly complex. It is often perceived as a regulatory and reputational risk. But integrating human rights into the investment decision-making process can also have a direct positive impact on people’s lives. It can enhance risk management and promote sustainable growth for investee companies. Getting it right can lead to win-win scenarios”.    This practical tool has been developed by Invest Europe’s own Human Rights Working Group, under our ESG Committee. It's great to be a part of this initiative. The Human rights resources for investors is available for the Invest Europe members. Highly recommended!

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Blockchain technology contributes significantly to the digital public good infrastructure in several ways: 1. **Transparency and Accountability**: - Blockchain’s immutable ledger ensures that all transactions are recorded transparently and cannot be altered retroactively. This fosters trust and accountability in public systems, reducing corruption and fraud. 2. **Decentralization**: - Blockchain removes the need for central intermediaries by distributing the control and validation of data across a network. This decentralization enhances security, reduces bottlenecks, and democratizes access to data. 3. **Security**: - The cryptographic principles underlying blockchain provide robust security against unauthorized access and cyber threats. This is crucial for protecting sensitive public data and maintaining the integrity of digital public services. 4. **Efficiency and Cost Reduction**: - By automating and streamlining processes through smart contracts, blockchain reduces administrative overheads, processing times, and costs associated with traditional public services. This efficiency benefits both public institutions and citizens. 5. **Inclusion**: - Blockchain can help in providing digital identities to people who lack formal identification, thereby promoting social and financial inclusion. Digital identities on a blockchain can be securely managed and verified, enabling access to various public services. 6. **Data Integrity and Interoperability**: - Blockchain ensures data integrity by preventing tampering and enabling secure data sharing across different systems and organizations. This interoperability is crucial for cohesive digital public infrastructure. 7. **Trust in Digital Transactions**: - Blockchain builds trust in digital transactions by providing a transparent and verifiable transaction history. This trust is essential for the adoption and success of digital public services like e-voting, digital land registries, and public procurement systems. 8. **Resource Management and Environmental Monitoring**: - Blockchain can track and verify the sustainable use of resources, helping in environmental monitoring and ensuring compliance with regulations. This is important for public goods related to environmental conservation and sustainable development. By leveraging these attributes, blockchain technology enhances the efficiency, transparency, and inclusiveness of digital public goods, ultimately contributing to more effective and equitable public infrastructure.

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How could the Science Based Targets initiative be so wrong (read: #sarcasm and call for calm)?! Why has the "community" reacted with such frustration with SBTi's proposal to permit the use of #carboncredits to enhance the ability to manage #Scope3 #GHGemissions? There are so many benefits that we can expect: > lowering the barrier to addressing Scope 3 emissions > funding for #innovative #carbon projects will rise > #carbonpricing will become more reliable and predictable Thanks to Margaret Morales GreenBiz Group for stimulating this post today. #decarbonization #gigacorn #gigacornhunter #climatechange

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