What a week at baby vc! 💛

After diving deep into due diligence over the past two sessions, it was time for our fellows to put their skills to the test. Last week, they took on the challenge of crafting an investment thesis and presenting their insights to a panel of seasoned VCs...and they’ve gone from theory to practice with incredible confidence and skill!💡

Thank you to our guest speakers for supporting and inspiring our fellows during this challenge:
• 🇫🇷 Ghita Targhi from Brighteye Ventures, Iness El Haid from OneRagtime, Julie Forel from XAnge and Lucie Raque from Quadrille Capital
• 🇩🇪🇨🇭🇦🇹 Nico Schoenenberger and Stella Xu, CFA from 10x Founders and Claudius Seitz from Picus Capital
• 🇬🇧 Jamesin Seidel from Chapter One and Naseem M. from Northzone
• 🇸🇪🇩🇰 Alessandro De Benedetti from Northzone, Hampus Särnbratt from EQT Ventures, Laerke Hansen from Heartcore Capital and Laurits Bornæs from EIFO

Can’t wait for next session! 🚀

#babyvc #bootcamp #vc #diversity

🚀 Halfway through the baby vc bootcamp—and loving every minute! 💛

After diving into early-stage due diligence in session #4, our fellows took things up a notch last week with a deep dive into growth-stage due diligence.

💡 Here’s what they explored:
• How to model financials and uncover true value drivers
• Decoding industry-specific metrics in SaaS and marketplaces
• Behind the scene for the most competitive Series A rounds in Europe
• Red flags during due diligence, including low growth or high debts
• How to provide private debt for hardware leasing — an increasingly relevant topic as Europe is being remanufactured from the ground up

A massive thank you to Eurazeo 🇫🇷, Kineo Finance 🇬🇧, Primo Ventures 🇮🇹, and Norrsken 🇸🇪🇩🇰 for opening their doors to us.
💛 And we're grateful for our brilliant speakers:
• 🇫🇷 Louis Dessal from Partech and Louis Gautier & Simon Boucher from Eurazeo
• 🇩🇪🇨🇭🇦🇹 Michael Rager from DTCP and Matilde Cascella from Activant Capital
• 🇬🇧 Pankhuri Jain from Kineo Finance
• 🇮🇹 Irene Mingozzi from Italian Founders Fund and Tommaso Moraca from Vento
• 🇸🇪🇩🇰 Markus Lukk from Antler

Next up: fellows will roll up their sleeves for a hands-on due diligence challenge. We can’t wait to see what they uncover!

#babyvc #bootcamp #vc #diversity

🎯 What should VCs really look for before investing in a start-up?

This is what fellows explored last week in a thorough session on early-stage due diligence!

As always, the session was packed with insights— here’s a snapshot of what our fellows explored:
• The pillars of strong due diligence — differentiating soft vs. hard DD, decoding unit economics (especially in SaaS & fintech), and learning to spot red flags before they spiral
• How to evaluate what truly matters in early-stage startups — a clean cap table, strong financial assumptions, and founder obsession are must-haves
• Inside the investor mindset — understanding the full investment funnel and founder-investor dynamics

A huge thank you to Hexa 🇫🇷, Octopus Ventures 🇬🇧, P101 🇮🇹, Point Nine 🇪🇸🇵🇹 and Dreamcraft Ventures 🇸🇪 🇩🇰 for welcoming us in their offices!

💛 None of this would happen without the continued generosity and support from our brilliant speakers:
• 🇫🇷 Samuel Boggio from Hexa
• 🇩🇪🇨🇭🇦🇹 Daniela Bach from HTGF | High-Tech Gründerfonds and Robert Jäckle from Visionaries Club
• 🇸🇪🇩🇰 Sebastian von Wildenrath Wegmann from PSV, Mathilde Lyet from Dreamcraft Ventures, and Casper Nicolai Bjarnason from byFounders
• 🇬🇧 Mario Alejandro Rojas from Octopus Ventures
• 🇮🇹 Tommaso Condulmari, Giorgio Pastarini and Luca Ferraresi from P101
• 🇪🇸🇵🇹 Ricardo Sequerra Amram from Point Nine

Next up? Growth-stage due diligence, where the focus shifts from potential to performance.

Stay tuned for more highlights from across the baby vc bootcamps 🚀

#babyvc #bootcamp #vc #diversity

💫 Another week, another great session!

Last week, our fellows discovered the art of screening & sourcing start-ups.

Catch a glimpse of what they learned:
• 🌟 The importance of effective screening and sourcing
• 🔃 The most relevant sourcing funnels: from dealing with VCs to inbound process
• 💯 Decision factors in the initial screening process, with examples of companies’ scorecards

A huge thank you to Eurazeo 🇫🇷, Crane Venture Partners 🇬🇧, Plug and Play Tech Center 🇮🇹, Lanai Ventures 🇪🇸🇵🇹 and blq 🇸🇪🇩🇰 for welcoming us in their offices!

💛 Big baby vc love to the speakers who made this week’s session inspiring and insightful:
• 🇫🇷 Amicie Favre and Camille Ha from Eurazeo
• 🇩🇪🇨🇭🇦🇹 Nico Schoenenberger from 10x Founders
• 🇸🇪🇩🇰 Erik Halvord from blq and Björn Nilsen from Heartcore Capital
• 🇬🇧 Anna Cachadina Abello from Crane Venture Partners and Stefano Gonelle Ribas from Earlybird Venture Capital
• 🇮🇹 Francesca Badiali from Plug and Play Tech Center and Carlotta Riccio from Alchimia Investments
• 🇪🇸🇵🇹 Guillermo Llibre from Lanai Ventures

See you next week to explore the Due Diligence process in session 4! 🚀

#babyvc #bootcamp #vc #diversity

Last night, AUDACIA had the pleasure of hosting an event in partnership with baby vc on Deeptech Synergies: Bridging Quantum, Space, Energy & Health.

The evening brought together students, investors and founders to demystify deeptech and explore the growing convergence between breakthrough technologies.

From Charles Beigbeder’s vision on the strategic importance of European deeptech today — and AUDACIA’s pioneering role across its key verticals — to Olivier Tonneau’s deep dive into the quantum ecosystem and Quantonation’s cutting-edge portfolio, the discussions were sharp, insightful, and highly engaging.

A big thank you to the baby vc community for the great turnout and thoughtful questions — we’re glad to help build bridges between generations and disciplines around deeptech.

Let’s keep the momentum going.

Charles Beigbeder Olivier Tonneau Seif El Gamil Mehdi Rais