STS Digital, ein auf den außerbörslichen Handel und das Market Making von digitalen Vermögenswerten spezialisiertes Unternehmen, übernimmt flovtec, einem in der Schweiz ansässigen Market Maker für digitale Vermögenswerte.
Venionaire Capital is pleased to announce the successful exit of flovtec, a Swiss-based market maker and portfolio company of the EXF Alpha S.C.S Fund, managed by Venionaire Ventures S.à r.l. flovtec has been acquired by STS Digital, a firm specializing in over-the-counter (OTC) trading and market making for digital assets. This acquisition marks a strategic milestone for both companies and advances the digital asset market-making sector.
Venionaire Capital played a crucial role in advising on the deal. The EXF Alpha S.C.S Fund, the syndicate fund of the European Super Angels Club (ESAC), managed by Venionaire Ventures S.à r.l. based in Luxembourg, was directly involved. Berthold Baurek-Karlic, CEO @ Venionaire Capital, also served on flovtec’s Board of Directors and was instrumental in guiding the company through this acquisition process.
This exit underscores Venionaire Capital’s commitment to supporting innovative companies and delivering value to its investors. The successful acquisition of flovtec by STS Digital highlights the potential of the digital asset market. It also demonstrates the importance of strategic partnerships in driving technological innovation.
Looking ahead, Venionaire Capital remains dedicated to supporting groundbreaking companies within its portfolio and enabling more successful exits.
Since its founding in 2018, flovtec has established itself as a leader in liquidity solutions for digital assets. The company is known for its advanced algorithmic trading strategies and tailored liquidity management services. These innovative approaches have earned flovtec a strong reputation in the market, which paved the way for this successful and strong acquisition.
STS Digital’s acquisition of flovtec is a significant move that will greatly enhance its market-making services. flovtec’s clients, in fact, will benefit from increased liquidity and tighter spreads. Moreover, flovtec’s advanced trading infrastructure and proprietary algorithms will now power STS Digital’s platform. This integration strengthens STS Digital’s technological edge in the competitive digital asset market.
Additionally, flovtec’s strong presence in Switzerland, coupled with its regulatory compliance, will help STS Digital expand its reach across Europe. This aligns with STS Digital’s broader strategy to become a global leader in digital asset trading and market making. Furthermore, the combined expertise of STS Digital and flovtec will lead to improved customer service. Clients can expect regulated custody, cost-efficient trading strategies, and enhanced support.
The European Super Angels Club held an investment stake of approximately €1.5 million in flovtec. This exit represents a successful milestone for the club. Berthold Baurek-Karlic, President of ESAC and CEO of Venionaire Capital, expressed satisfaction with the outcome:
“The strong start of flovtec, marked by innovation and progress, led us at ESAC to invest in 2021. The merger with STS Digital, a leading trading firm for digital assets, is an excellent step forward in developing flovtec’s vision. STS Digital gains a wealth of expertise, experience, and innovative approaches from flovtec, which will ultimately benefit them. As the European Super Angels Club, we are proud to have supported this young and innovative company on their successful journey.”
During the annual World Venture Forum in Kitzbühel, BTC Echo‘s Editor-in-Chief Sven Wagenknecht interviewed Berthold Baurek-Karlic, CEO of Venionaire about the World Venture Forum becoming a crypto hotspot on the first day, about timing when it comes to crypto and about today’s environment for M&A deals.
In Web3, timing investments is less important than the transformative power of blockchain technology itself. We’ve seen the World Venture Forum become a bustling hub for crypto innovation , now celebrating its tenth year. What started as a small golf tournament has grown into an annual event attracting global investors and thinkers eager to explore the future of digital economies.
Our journey with the World Venture Forum began unexpectedly· A casual chat with Kitzbühel’s mayor about bringing investors together sparked the idea to create a platform for pioneers in digital assets. Over the years, driven by growing interest in cryptocurrencies, especially during the rise of Web3 technologies, the World Venture Forum expanded into a week-long event. It became clear early on that Kitzbühel’s beautiful setting was perfect for discussions on decentralized computing, innovative blockchain applications, and the broader impacts of the Internet of Blockchains.
Venionaire Capital’s investment strategy focuses on finding projects with strong business models in the Web3 sector. We manage a specialized Web3 fund, the first registered Alternative Investment Fund Manager (AIFM) in Austria authorized for crypto investments. Unlike traditional approaches based solely on market capitalizations, our strategy emphasizes deep community engagement and thorough due diligence. We seek out companies that not only use blockchain technology but also drive sustainable progress in digital networks.
Looking ahead, we expect further development in the cryptocurrency market marked by clear market cycles. After a period of market ups and downs, known as the “Crypto Spring,” we foresee a phase of consolidation and maturity. Regulatory changes, along with the introduction of crypto ETFs, are set to improve market transparency and institutional acceptance. This transformative phase offers opportunities for forward-thinking firms like 21shares, which develop ETFs and contribute creatively to the Web3 ecosystem.
When evaluating market trends, it is crucial to highlight the fluid nature of Web3 investments. Unlike traditional sectors where timing is critical, the Web3 universe thrives on ongoing innovation and adaptability. The early days of the internet provide a good comparison; while market sentiments may fluctuate, our dedication to understanding and shaping the future of blockchain technology remains steadfast. It’s not just about investments; it’s about nurturing an environment where digital natives and experienced investors can fully leverage the potential of the Internet of Blockchains together·
Beyond investments, Venionaire actively participates in M&A advisory to foster strategic growth opportunities for our portfolio companies. In a landscape characterized by dynamic changes and strategic consolidations, we navigate opportunities for organic growth and transformative acquisitions.
The original interview has been published in German and can be read here: https://www.btc-echo.de/news/venionaire-capital-ceo-im-web3-ist-es-egal-wann-man-investiert-187877/
In the world of startups and scaleups, every founder dreams of that one breakthrough moment, the unexpected event that sends their sales soaring. Startups usually run growth experiments for performance marketing and position themselves for the breakthrough moment. This can also come by surprise if the market winds start to blow towards the problem they are tackling. Is it luck or is it the fruit of hard work? Either one. It can happen to any startup, at any time and when lightning strikes, you’ve got to be ready to harness that energy and ride the wave. And sometimes a Netflix series called “Hack Your Health: The Secrets of Your Gut” is responsible for explosive growth.
So, you’ve got a killer idea, a passionate team, and a burning desire to change the world. But here’s the harsh reality: success isn’t just about having a great product. It’s about being ready to scale when the opportunity arises – and that can happen out of the blue. That means you have to build a strong foundation, stay agile, and always be prepared to pivot when the winds of change start blowing. This is crucial for those who want to use their once in a lifetime chance.
A recent example of such a striking incident, increasing sales momentum 20 to 30 fold, happened to our portfolio company Biome Diagnostics, just this week. Let’s take a closer look into it and share some learnings with all founders and investors out there.
Picture this: a normal day at the BiomeDX headquarters, when suddenly, the internet explodes with chatter about gut health, all thanks to a Netflix series called “Hack Your Health: The Secrets of Your Gut“. Although the topic of gut health has been scientifically en vogue for years, publications on the subject, books have been written, etc., the topic has only now really reached the general public through Netflix. Infotainment has hit, now everyone wants to optimise their gut health and is looking for the right products and partners online. In a matter of days, the world is buzzing about the microbiome, and BiomeDX finds itself at the epicenter of the craze.
With their flagship product, “myBioma,” poised to revolutionize the way we understand gut health, BiomeDX sees sales skyrocket overnight. Now, imagine this: in the blink of an eye, BiomeDX finds themselves not just doubling or tripling their sales, but multiplying them by a staggering factor of thirty! Yes, you read that right—thirtyfold growth in the blink of an eye! It’s the kind of meteoric rise that most startups dream of, and yet, for BiomeDX, it’s become a reality. But here’s the twist: they were ready. Ready to scale, ready to innovate, and ready to seize the moment when opportunity came knocking. It’s a testament to their foresight, their resilience, and their unwavering commitment to seizing every opportunity that comes their way.
So, what’s the lesson here for all you aspiring founders out there? It’s simple: always be ready for the unexpected. Success isn’t just about having a great idea—it’s about being prepared to capitalize on opportunities when they arise. Whether it’s a viral Netflix series like Hack your Health or a chance encounter with a potential investor, you’ve got to be ready to pounce and ride that wave of momentum all the way to the top.
So, are you ready to unleash your startup’s potential? The time to act is now. Just remember: when opportunity knocks, don’t just open the door—kick it down and make it yours. And who knows? With a little luck and a lot of hustle, you just might be the next BiomeDX, riding the wave of success all the way to the top!
And if you’re itching to dive deeper into the fascinating world of your gut microbiome, then look no further! Head over to https://mybioma.com/ to get your hands on a test kit and unlock the secrets of your microbiome today. Don’t miss out on the opportunity to take control of your health and embark on a journey of discovery with BiomeDX. Your gut will thank you!
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Venionaire Capital exclusively invests through the European Super Angels Club, for more information and application please go to the website. We do not accept direct investment proposals via this website.