What will the world look like next week? Next month? Next year? The answer is: nobody knows. The uncertainty makes long-term thinking precarious. But to make a smart investment, one needs to have confidence in the future. On the other side of the table, startups need to create a clear picture of their way forward if they want to raise funds. How do you go about that, in these volatile COVID-times? These Amsterdam-based startups closed a funding round during the COVID-outbreak. We asked for advice.
COVID’s threats and chances
Even though these are unprecedented times, there is still business to be done. Even though conferences are cancelled, travel is restricted and markets are disrupted, startups can still find investments. As dire as the situation may seem, it even offers some opportunities for extra funding. For instance Amsterdam-based early-stage VC firm Antler, which is offering €500,000 in funding for startups with a product to combat the spread of coronavirus.