Aleksander Przetakiewicz

The time has come to read a very interesting report: the GREENTECH REPORT POLAND 2024 prepared by Accelpoint, Taylor Economics in partnership with PKO BP, and EIT Climate KIC   We are delighted to see the presence of three of our portfolio companies (Solwena, The SmokeD wildfire detectors, and Waste24) in the cited report. EEC Ventures is at the forefront of green VC funds, as proven by the number of portfolio companies mentioned in the report in relation to the total number of all companies in the portfolio.   Our companies have verified and confirmed the market value of the technologies and their products. They have also established partnerships with large regional or global players, and their revenues are growing.   Both The SmokeD wildfire detectors and Waste24 are already generating revenue in foreign markets. Solwena is working with major international corporations and is in the process of negotiating agreements that will result in revenues from abroad. The report contains a very thorough analysis, starting from the good definition of concepts such as greentech, cleantech, climatetech, and many interesting analyses. The report paints a picture of a young and delicate ecosystem. Quantitatively, the community of 133 "green" startups is indeed a very small percentage compared to the 4,900 technological companies in Poland. These startups are in the early stages of development, they still have modest revenues, and individual investors dominate among the investors. VC funds associated with PFR Ventures are among the largest capital donors This early stage of the system is likely the reason why less than one-third of the described startups have sought R&D funding, which is usually an appropriate source of financing for projects at this stage. It is also surprising to note that Hungary and Lithuania have attracted more investment in this sector than Poland. Reading the entire report is highly recommended.  

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What is the current crypto market situation? 🔎 Despite recent turbulence in the market, it is still possible to believe that the bull run is not over. We learned this from FXMAG's editor-in-chief Dawid Augustyn's YouTube interview with our product manager Jacek Kubiak. Here are the key points: 1/ Bitcoin and the Halving Cycle ⛏ - Historical Halving Cycles: Each halving cycle has shown some patterns but behaved differently each time. Bitcoin's price does not always align with halving predictions. - Current Valuations: Based on historical data, Bitcoin is currently valued higher than expected, suggesting either a higher bottom or an overestimation influenced by ETF approvals. - Future Price Predictions: A model predicts Bitcoin's price post-halving to reach approximately $200,000 by the end of next year. 2/ ETFs on Cryptocurrencies 🏦 - Current and Future ETFs: Bitcoin ETFs have been introduced, and there's anticipation for Ethereum and Solana ETFs. - Regulatory Uncertainty: Ethereum ETF approval is still pending, and the regulatory environment remains cautious and selective. - Potential Impact of ETFs: If Ethereum ETFs get approved, it could open the door for Solana ETF and other major crypto, potentially enhancing market diversification. 3/ The Altcoin Market 📈 - Current State of Altcoins: There's skepticism about many altcoins, as they often lack practical utility and are seen as speculative investments. - Bitcoin’s Dominance: Despite criticism of Bitcoin's older technology, it continues to maintain a strong market position compared to newer projects. - Speculative Nature: The altcoin market is heavily driven by speculation and hype, with a significant risk of pump-and-dump schemes. 4/ Regulatory Environment ⚖ - MICA Regulations: Upcoming regulations (MICA) are intended to bring more order and safety to the cryptocurrency market but may push smaller businesses into the gray market. - Preparedness for Regulation: Companies that are prepared for regulatory changes will likely fare better, while those unprepared may struggle. 5/ General Advice for Investors 🤝 - Caution Against Pump-and-Dump: Investors should be wary of schemes designed to inflate and then rapidly deflate crypto values. - Focus on Established Cryptocurrencies: Beginners are advised to start with well-established cryptocurrencies like Bitcoin and Ethereum before exploring the broader market. Concluding remarks? 📝 The crypto market is in a dynamic phase, with potential regulatory and market changes ahead. That's why investors should remain cautious, stay informed about regulatory developments, and know the speculative nature of the market. Watch the full video here (in PL): https://lnkd.in/dtc_BHqg

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📢I had the pleasure, together with Maciej Cwikiewicz and Grzegorz C. in Puls Biznesu, of discussing the chances of Polish #AI companies to obtain funding from #VCs and, more broadly, to build a new #flywheel for our economy. According to a recent Dealroom.co's report, the AI Core startups received 45% of all VC investment in the CEE region. This is an opportunity we cannot miss!💥 My key theses: 📌At Movens Capital, we are investing in AI-enabled companies starting in 2019 based on our previous startup experience. They distinguish the #CEE region. By 2023, more than 1,000 AI/ML startups had emerged here, raising more than USD 4 billion in funding. 📌We see a great opportunity for Polish AI startups to succeed due to their unique technological talent. Building a sustainable #competitiveadvantage is key, as illustrated by ElevenLabs, but also examples from our portfolio, such as Talkie.ai or SKY ENGINE AI. 📌 The current stagnation in the VC sector has led to lower startup valuations, benefiting funds in executing transactions. In Poland, VC fund conditions will remain favorable in the coming years, but careful selection of AI companies is necessary, as most new entities have little chance of building lasting entry barriers. Thank you, Anna Bełcik, for taking on an important topic and inviting us to talk. 👉 https://lnkd.in/dxtGvvD7

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Financing is - next to regulations - the most important factor encouraging companies to green transformation. As this report shows 👇, there is definitely too little money to implement an effective green change in the global economy. And without financing, with only regulations, the whole project will fail...

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A stronger global economy? More equities, please....   Yesterday (6 June), the ECB trimmed interest rates but gave the market few clues about future cuts. The US Fed might not reduce interest rates at all in 2024. What is happening? Some leading indicators we (at EnCor) use in our cross-asset allocation model (see our chart) are suggesting the global economy is growing faster than commentators expect. This will mean higher trend inflation, likely implying few or no interest rate cuts from G10 Central Banks in the near to medium term. It also means that Equities should be in favour. As we outlined last month in our latest client webinar, we again increased weights in Equities in our clients' portfolios for Q2 2024. #assetallocation #wealthmanagement #equities

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Very True. Because in the contemporary business environment, it's not easy for businesses to be authentic and trustworthy. Social media, digital marketing, high expectations from shareholders, consumer preferences variations, evolving standards and regulations and economic uncertainty, will push the business to build an image, even if it's a flawless reputation. The quantity and not the quality of information given to consumers, they make it hard for businesses to stand out and be seen as genuine amidst the noise. The Complex Supply Chains, the Competitive Pressure and the Intense competition can sometimes lead businesses to cut corners or engage in misleading marketing practices to stand out, which can damage long-term trustworthiness. Navigating these challenges requires businesses to be consistently transparent, ethical, and responsive to consumer concerns, which demands significant effort and resources from management and shareholders.

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BeMyBond loves Jasinskio 2 project by EIKA grupė 😊 Can I just say how excited I am to offer the second project for our bond platform clients? Next week we wills start the offering of EUR 3 M bond issue to bridge the financing for an A class office centre in Vilnius before the bank financing kicks in by the end of this year. It will be a good project to test our capacity, as the amount is 3x larger than our first project, Uzupio personos. Nevertheless, the terms are very different, as the money is only required for 6 months (if not less), the building is 60% pre-leased and the project is going through due diligence phases by one of the top banking players in Europe 😊 Being a balanced introvert / extrovert person (it all depends on the situation 😉), I am still undecided about the publicity aspect of the platform’s fund raising, as everyone will be able to see the ‘green line' and how it hopefully approaches the target amount. Yet even today it is not easy to estimate how quickly and whether in full we will collect the whole amount. May the odds be in our favour 🤞

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Have you ever wondered what 𝗘𝗦𝗚 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 companies face in terms of their 𝗺𝗼𝗯𝗶𝗹𝗲 𝗱𝗲𝘃𝗶𝗰𝗲𝘀 𝗳𝗹𝗲𝗲𝘁? We had the pleasure of organising a panel on this topic at the Climate Congress of Poland.   Couldn't attend? Nothing lost! We invite you to watch the video of our meeting, during which we covered the following issues:   🌍 the impact of the 𝗖𝗦𝗥𝗗 on the management of the company's mobile devices fleet, 🌍 information on the volume and usage of mobile devices in Polish companies, 🌍 the role of 𝗗𝗮𝗮𝗦 (Device as a Service) in supporting a circular economy.   Let us know in the comments if you found the panel interesting! #ESG #ClimateCongresOfPoland #CSRD 

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Great achievement for Miasto Poznań! The Oxford Economics Global Cities Index ranks Poznań among the top cities in the world and showcases its thriving and growing economy👏 This ranking covers the largest 1,000 cities globally and highlights the best cities based on Economics, Human capital, Quality of life, Environment, and Governance. Overall, Miasto Poznań is the second-best city in Poland (210), just after the capital city, Warsaw (193). However, Poznań ranks number one🥇in the economics category among Polish cities🔝. The Economics category considers: ✅ Size of the economy (GDP size) ✅ Growth of the economy (GDP growth) ✅ Wealth per person (GDP per person) ✅ Job growth (employment growth) ✅ Economic stability ✅ Economic diversity This recognition positions Poznań as a city with significant investment potential and a promising hub for business development. Congratulations to the Poznań business community and Invest in Poznan👏. #poznan #poland # #topcity #investmentpotential #strongeconomy #business https://lnkd.in/dt-h3V4J).

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#Sharingknowledge and inspiring #founders is central to Movens Capital's work. That is why we are very proud of yesterday's "Foundations of Scaling Open Day Warsaw" event organized in partnership with Google for Startups and one of the world's best business schools, IESE Business School ;- consider their #SchoolofFounders if you are in a seed or Series A startup. Many thanks for sharing your knowledge and experience to: Growth strategy: Prof. Germán Loewe Scaling yourself and your business: Dr Sebastian Ross and a panel of great experts and entrepreneurs Pricing: Wojciech Gorzeń Operational growth procedures: Konrad Kwiatkowski A special tribute to Prof. Germán Loewe for the most elegant definition of strategy I have ever encountered: "#Strategy is Your choice of where and how to compete". #Founders, choose wisely! Maciej Kraus, Przemek Jurgiel-Żyła, Zofia Sidorska, Amelia Niemiec dzieki za super organizację!

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CFA Society Slovakia truly appreciates the thoughts on Machine Learning presented by Jakub Simicak. If you are interested in Machine Learning and its use in financial industry, this is the video for you. https://lnkd.in/dQqku3na

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The use of artificial intelligence (#AI) could eliminate the personal fear of decision-makers when making investment decisions, as this prevents them from making optimal investment decisions based on past-orientated and incomplete information. One example is investing in Poland, and in eastern Poland in particular: this region offers excellent opportunities and above-average returns because people do not invest there out of fear. But how justified is this fear really? In fact, Poland is a NATO country, so if there were a risk of war, this would affect the whole of NATO, including Germany, France and the UK. Would you bet with me that #AI would consider an investment there to be sensible, because it would eliminate precisely these unfounded fears? Other examples are Canada, Romania, Mexico, Brazil or India. Afilog Polska Robert Dobrzycki Tomasz Lubowiecki Remon Vos Dr. Holger Schmidt Fabian J. G. Westerheide Joerg Bienert Nebil Senman Sławomir Jędrzejewski Daniel Bienias Krzysztof Misiak MRICS Afilog Canada Afilog România Afilog México Afilog Brasil Afilog भारत-India

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Discover how Ewa Anna Stępień from Kaufland Polska one of our valued customers, shares her positive experience with Caplena! 🚀 Learn how Caplena can streamline your research process and provide valuable insights in record time. Read her article now! #MarketResearch #AI #CaplenaAI

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Public-Private Partnership for European Integration and Ukraine's Recovery. Fully rebooting Ukraine's economy is unattainable through support aimed solely at macroeconomic stability. With the adoption of the €50 billion Ukraine Facility plan, there's finally a chance to also bolster businesses. The private sector, despite suffering catastrophic losses due to the war, remains a cornerstone of the economy. Approximately €7-8 billion might be allocated for business financing, of which no more than a third will go to private companies. Thus, there is hope. Hope for extensive support and incentives for reforms that should have been implemented over the years of independence. But what must Ukraine globally undertake to achieve the anticipated benefits? The answer is recognizing weaknesses and doing everything possible to rectify them. For instance, I have spoken with European analysts who have identified three major obstacles that could complicate Ukraine's path to EU membership: a low level of industrial development with a focus on raw materials industries, low labor productivity necessitating a reevaluation of educational approaches, R&D, innovations, resolve infrustructure issues, and crucially, institutional weaknesses. The supremacy of law, independence and transparency of all branches of government, and clear and fair laws and regulations that apply to all must be the starting point. The partnership between business and state is essential. The private sector possesses deep expertise, market knowledge, and discipline. We are team players committed to building a strong, competitive Ukraine. It is time to reassess the relationship between government and business to strengthen each other. This is crucial both for quality reconstruction of Ukraine and for shaping a robust stance for the state's future integration into the European community. Read more on this topic in my column in media New Voice (NV) - https://lnkd.in/dmHsecQk. Column in English - https://lnkd.in/dMiWVNEy

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Kesarev ranked as the best GR Consultant in M&A On April 25, Russia M&A Awards - 2024 ceremony was held in Moscow as part of the XIV Russian M&A Congress. Every year since 2010, this award has been given to the best M&A consultants. This year Mergers.ru team has set up a special nomination for GR advisors. Kesarev became the winner of the Best GR Consultant in M&A award by results of voting. This is particularly valuable for us since over the last two years, we have advised clients (foreign investors) on more than 100 M&A transactions and have established the first specialized practice of GR in M&A in Russia. Our team has successful experience of obtaining all types of M&A approvals: those from the Government Sub-Commission, special permission of the President under the Decree 520, strategic investment approvals by the Government's Foreign Investment Control Commission, and the FAS approvals. In 2022–2023, our team worked on approvals of more than half of the largest foreign exit transactions (with the purchase price exceeding $400 million). Congratulations to all our peers recognized among the best M&A advisors in other categories! You can find the list of all winners following the link: https://lnkd.in/gj58Rtph #mergercontrol #mergersandacquisitions #mergersacquisitions #mergersacquisitionsdivestitures #fdi #divestment #divestitures #governmentaffairs #governmentrelations #governmentregulations #screening #fdiscreening

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The invoice finance marketplace looks like a perfect solution for #SMEs: the customer uploads an invoice once and receives offers from all players on the market in one place. We discussed the pros and cons of such a model both for the factors and customers. Watch in detail below ↙️↙️

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📢 We end this working week by announcing another partner of the network. Please welcome modern and innovative JSC Altbank, the new member of Transparent Network. We appreciate your support. 🤝 More good news is coming, so stay tuned. 👀 #banking #Ukraine #news #payment #finance #economy #TransparentNetwork

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Highly recommended workshop for scale-ups – details below!

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