Fundraising
Pre-revenue startup valuation: methods and real numbers
With no revenue there is nothing to multiply, so the number comes from negotiation. How it is really set, five…
Insights
Fundraising
How to raise capital: rounds, investors, valuation and the documents that matter, with data from Europe and Latin America.
Fundraising
How to start a startup: the map from zero to your first round
The beginner's map from idea to first round: five stages, what happens in each, the usual mistakes, real 2026 costs…
Fundraising
Term sheet explained: the clauses that matter at seed
A term sheet is one or two pages that settle your valuation, your control and your payout. The clauses that…
Fundraising
EIC Accelerator: how the EU’s grant plus equity works in 2026
The EU's money for deep-tech start-ups and SMEs: a grant, an equity investment, or both. What you get, who can…
Fundraising
SAFE vs convertible note: differences, with a worked example
A SAFE is a contract that becomes shares at the next round. A convertible note is a loan that does…
Fundraising
How to write a business plan: step-by-step guide with example
The nine sections of a business plan and the question each must answer, a one-page version, what Invitalia asks for…
Fundraising
Startup metrics investors want at pre-seed and seed
Which numbers investors ask for at pre-seed and seed for SaaS, marketplaces, consumer apps and B2B hardware, the benchmarks that…
Fundraising
What investors look for in a startup with no track record
In the largest survey of venture capitalists, 47% of firms said the team mattered most. What first-time founders can show…
Fundraising
Elevator pitch example: your startup explained in one sentence
One sentence that says who you help, what problem you solve and why anyone should believe you. The formula, real…
Fundraising
Friends and family round: how to raise your first €50,000
Savings, friends and family, business angels, accelerators, equity crowdfunding and public money: what each source of your first €50,000 expects,…
Adaxit Brief
Every two weeks, the capital markets in a five-minute read.