alt Hacker News"Existing investors including Sequoia, Lightspeed, Greenfield, Kindred, Lingotto and Promus Ventures participated alongside new backers Cherry Ventures and European Tech Collective."
What share of the investor money is from USA?
Replies
Sequoia, Lightspeed, and Promus are American. Greenfield is Israeli, and Kindred Capital is British.
Don't know about Lingotto. Looks Italian.
Cherry Ventures is the only German investor. ETC is EU.
I don’t know what the point is that you’re hinting at?
I read it as confirmation that there is apparently no shortage of investor money in Europe, since US investors are willing and able to invest here.
I don’t know what the point is that you’re making.
I read it as confirmation that there is apparently no shortage of investor money in Europe, since US investors are willing and able to invest here.
Money is effectively global these days. A lot of the money in the AI bubble is from all over the place, including Saudi funds and the ubiquitous Softbank.
It matters more where the money goes, in this case into European innovation.
People demanding the perfect isolated national champion that takes no foreign money, no foreign workers, no foreign inputs, and uses no foreign services are going to be disappointed.
What does "from USA" actually mean? Say I'm a European investor, I've invested my European-earned salary into a company with their HQ in Europe, registered in Delaware. Lets say that money 10x, is that money "from Europe" or "from USA"? Does the paying user-base geolocation matter or what is it that matters to you here, where the business is registered, actually located or something else?
And, secondly maybe more important question: Who cares? As long as the business doesn't host their data in the land of the non-free, aren't affected by the whims of the current Tsar and can't be put offline by the flick of a switch, I don't really mind if the money comes from Australia, South Africa or India.
Being EU company is so hard, you can never pass the purity tests.
Reminds me of this: https://www.youtube.com/shorts/vHfbUIQeW_A
You move to USA from a 3rd world country, take money from the Americans, Arabs and the Chinese, hire bunch of Israeli, Pakistani, Canadians, Romanians and Russian engineers and and you become an American success story.
You found a robotics company in Germany and you instantly fail the purity test, you are American company if you took too much US money, you are actually Polish if you hired too many Polish engineers etc.
It's just weird attitude.