Here’s a breakdown of the provided text, focusing on the key facts about Auxxo:
Who is auxxo?
VC Fund: Auxxo is a venture capital fund.
focus: Exclusively invests in teams with at least one female founder.
Mission: To empower Europe’s strongest female Founders and drive systemic change in the VC ecosystem.
Investment Thesis: Invests exclusively in early-stage startups in Europe that have at least one female founder holding at least 20% of the founder shares.
Key Differentiator: Auxxo claims to stand out for their ability to spot overlooked potential early and help develop it effectively through active coaching, hands-on support, and access to a strong VC network. values: Trust, transparency, and teamwork.
Key People:
Dr. Gesa Miczaika: co-founder and General Partner. Previously the first employee at blacklane and former Vice President of the Board of the German Startup Association.
Bettine: Co-founder. Previously an investor at Axel Springer Plug & play Accelerator.Recent News/Developments:
Fund II Secured: Auxxo has secured €26 million for it’s second fund. Fund I Success: Building on the success of their first fund, Auxxo Female Catalyst Fund I, launched in 2021 with €19 million.
Investment Approach: Emphasizes not just capital, but deep, lasting relationships that prioritize founder progress.
Portfolio Companies (from fund II):
Emidat: A pioneer in climate data infrastructure for the construction industry.
resolutiion: An AI-driven platform innovating the resolution of commercial legal disputes.
Stanhope.ai: enables autonomous real-time machine learning and iteration using an innovative “Active Inference”-based framework.
Quotes and Endorsements:
Deepali Nangia (Speedinvest): Praises Auxxo’s “bold vision” and highlights that investing in female founders is “smart, strategic, and delivers results.”
fay (Resolutiion): Describes Auxxo as a “strategic decision” due to their “deep conviction, rapid execution, and extraordinary commercial acumen,” and calls partnering with them “empowering.”
Lisa (emidat): Appreciates Auxxo for bringing “real diversity to the cap table” and for genuinely caring about founders.
Dr. Gesa Miczaika: Emphasizes their model of trust,transparency,and teamwork,and believes female founders are “the future of European innovation.”
* Marjut falkstedt (European Investment Fund): supports Auxxo’s drive for gender diversity in VC, stating that “Diversity and financial return can go hand in hand.”
Overall:
The article highlights Auxxo’s successful fundraising for its second fund, reinforcing its commitment to investing exclusively in female-founded startups in Europe. It showcases their unique investment strategy, the expertise of their founders, and positive feedback from their portfolio companies and partners, all pointing towards a belief in the strong performance and impact of female-led ventures.
