Prequel Ventures

We’re thrilled to announce our investment in CROWN Procurement’s €2M pre-seed round! From our first conversation with Mykyta, we were struck by his deep expertise in procurement, his clear vision for tackling inefficiencies, and his determination to transform the industry. At Prequel Ventures, we believe that price negotiation is the most impactful moment in procurement - it’s where real savings are created. Auctions are one of the most effective ways to automate this process, yet traditional procurement software often falls short in enabling seamless execution. The result? A promising strategy that turns into a cumbersome experience for both buyers and vendors. CROWN Procurement is solving this pain point head-on. Mykyta and his team are building a modern, intuitive, and software-driven auctioning solution - unlocking major savings potential for enterprise buyers worldwide. We’re proud to join this round alongside HEARTFELT_, another.vc, Kima Ventures, BackBone Ventures, APOK Invest and ZAS Ventures as well as renowned angel investors such as Dr. Marcell Vollmer, Mario Götze and Christophe Villain. #supplychain #procruement #preseed #vc #startup

In a time when the urgency of climate action grows more pressing each day, it’s special to be recognised by the Cambridge Institute for Sustainability Leadership (CISL)—our new home—for The Earthshot Prize. CISL’s constant commitment to sustainability leadership inspires us as we work to tackle one of the planet’s most challenging problems: Scope 3 decarbonisation.

After weeks of hard work, we’re thrilled to unveil this year’s Supply Chain Tech Report 2024 (link to free download in the comments)! 🎉 In collaboration with Oliver Wyman, we’ve explored the state of European supply chain tech, unpacking its challenges, key trends, and the ever-evolving startup landscape. Here’s what you’ll discover: ▶️ Which areas felt the burden of supply chain disruptions? ▶️ The top technologies enterprises are betting on to future-proof their supply chains. ▶️ The latest trends in venture funding across supply chain and logistics. ▶️ A deep dive into 480+ startups shaping the future of supply chain tech across Europe! 🙏 A huge THANK YOU to the incredible Oliver Wyman supply chain team - Ulrich Schmid, Marie-Theres Treek, Cornelius Herzog, and Dr. Sebastian Janssen - for your invaluable insights and partnership in bringing this report to life! At Prequel Ventures, we’re investing in the most promising supply chain tech solutions across Europe. 🚀 If you’re building a startup to make supply chains more resilient, transparent, and sustainable, reach out to Mathias and Markus - we would love to connect! #venturecapital #supplychain #startups #Europe

We are excited to announce that we at Prequel Ventures have invested in Neutreeno's $5M USD seed financing round! We're thrilled to support the stellar team behind Neutreeno - Spencer, Jonathan, and Jobey - alongside Regeneration.VC (Michael Smith) as the lead investor, as well as Closed Loop Partners, Remarkable Ventures, Scania Group, and Beacon Venture Capital. On average, companies generate over 90% of their emissions in the value chain (#Scope3). Tackling this challenge is incredibly difficult due to the lack of primary value chain data, the inability to influence suppliers, and the high cost of decarbonization. Neutreeno’s proprietary process networks, based on mass and energy flow research, significantly minimize the primary data burden on suppliers. This allows enterprises to map product lines faster and with greater precision than existing tools. With this funding, the team of Cambridge scientists and engineers will secure top talent, accelerate commercial growth, and forever change the paradigm. Their #DeepTech platform is poised to surpass simple accounting and democratize emissions reduction insights for millions of global suppliers. More info in the press statement in the comments. #vc #supplychain #seed

We're more than happy to welcome Bonx and the stellar founder team that is Rémi and Alexandre to the Prequel Ventures family and acompany them on their way of reinventing manufacturing ERP alongside Dynamo Ventures, Lakestar and OSS Ventures. Why a next gen ERP? 💡 Traditional ERPs often fail in three critical areas: 1/ they lack flexibility to grow with the business, 2/ they suffer daunting, lengthy deployment times and 3/ they converge to “doing everything but nothing well” approach alongside a closed architecture making them very difficult to integrate with. Bonx solves these problems by offering a platform that is scalable and quick to implement and customize, thanks to their novel use of LLMs. Drawing from the expertise of Rémi, who has historically built three ERPs from the ground up, the team behind Bonx designed their product to embrace a best-of-breed philosophy. It allows companies to use the best tools for their needs without vendor lock-in. Bonx wants to lead the transition away from old, monolithic ERPs, to a new approach where their solution connects to existing financial and CRM systems rather than displace them. Jon Bradford I Santosh Sankar I Derrek Li I Barry Large I Ted Alling I Madelyn O'Farrell I Renan Devillieres I Jean-Philippe Lorinquer I Quentin Dubois I Pierre Lavaux I Aurore Lanchart I Maroussia Houimli I Léopold Lambert I Ksénya Borzov

📢 Calling all Supply Chain Startups and Scaleups: Register your startup for our Supply Chain Tech Report 2024 (Hashtag #SCT24) until 30th September 2024. This year's report will once again profile the European Supply Chain Startup Ecosystem, analyze tech and funding trends as well as provide a comprehensive overview of up-and-coming startups in the ecosystem. 🤝Even better: We are partnering with Cornelius Herzog, Ulrich Schmid and Dr. Sebastian Janssen from the Supply Chain Team of Oliver Wyman for this year’s report. Through their extensive network and based on their expertise we will analyze what keeps Supply Chain Leaders up at night and where their future challenges are. If your startup is helping to make future supply chains more resilient, transparent and sustainable, we’d love to hear from you! Register your startup in our database (see link in the comments) or reach out to Markus or Mathias. #supplychain #startups #venturecapital #logistics

Herzlichen Glückwunsch an unser Portfolio-Unternehmen ZeKju und Hellmann Worldwide Logistics zu dieser Kooperation! Real-time Visibility und Fahrerkommunikation sind entscheidende Zutaten für die Digitalisierung der Branche und zur Steigerung von Transparenz und Resilienz. Wir freuen uns sehr mit Prequel Ventures dabei zu sein. Mit Prequel Ventures investieren wir in Supply Chain Tech Startups in der Frühphase. #supplychain #startups #logistics #venturecapital

🚨 New Report Release! 🚨 Interested in understanding how the Supply Chain Ventures world is doing? Then this is for you... We are excited to announce the release of our latest report in collaboration with Plug and Play Tech Center! We had the pleasure of assisting Timo and Juan from Plug & Play in creating a concise trend report on the supply chain tech startup ecosystem in Europe. (You can download it for free via the link in the comments) While our annual supply chain tech report at Prequel Ventures provides an overview as comprehensive as possible over the whole ecosystem, this specific collaboration with Plug & Play focuses specifically on trends and the significant challenges faced by industry incumbents in recent years. The severe disruptions in the supply chain and their increasing frequency in the past five years have created immense opportunities for startups and investors that innovate technologically and creatively to address these challenges. In this report, we dive into several key topics, including: 1️⃣ Volatility in demand and supply: Consider, for example, the Bullwhip Effects observed during the COVID-19 pandemic; 2️⃣ Sustainability & Regulation: EUDR, CSDDD, CBAM, and more compliance has become a crucial topic in supply chain management, with EU regulations pricing carbon emissions and emphasizing strong ESG governance, though they can also overwhelm many incumbents; 3️⃣ Workforce shortage: The shortage of blue-collar workers is a reality; over one-third of European truck drivers are 55 or older and will retire in the next 10 years, while severe staffing challenges persist for warehouse workers as well. 4️⃣ Competition and disruption in general: Incumbents face numerous challenges, from technological advancements like AI to increased competition from new players in markets with already narrow margins, such as freight forwarding and fulfillment, along with shifts in consumer preferences. The report is supposed to be a source of inspiration and a way to discover the amazing companies that are already working on making supply chains future-proof such as Cbamboo, ZeKju, Skyflow, traide AI GmbH and many more. The overview is by no means complete, so if you're interested in further discussing supply chain trends and the emerging opportunities of the sector, feel free to reach out at any time. #supplychain #vc #startups #venturecapital #innovation

Where are the Supply Chain Tech Startup Hotspots in Europe? For the Supply Chain Tech Report 2023 we analysed more than 430 companies from Europe. Supply Chain has found its way into the startup mainstream with great startups being built in Europe’s Startup Hotspots. But there are also some surprising newcomers, which you can find in the report. What is the SCT23 all about? #SCT23 is a guide to the European Supply Chain Tech Startup ecosystem, covering more than 430 startups that help shape the future of supply chain management and logistics. 🔎 Focus-Topic: Unleashing the Power of (Generative) Artificial Intelligence in Supply Chain In this year's report, we focus on how (Generative) Artificial Intelligence transforms supply chains. Find great expert opinions and startups applying AI to make supply chains more resilient, more transparent, and more sustainable. What else will you find in the report? ▶️ 80 Startups to watch with a detailed profile ▶️ 430 Startups covered in a comprehensive overview ▶️ State of the European Supply Chain Startup Ecosystem in numbers 🌐 Link in the comments P.S. Your startup is not listed? Then make sure it’s registered in our startup database. #startups #venturecapital #supplychain #logistics #innovation

What does GenAI mean for Supply Chain and Logistics applications? For our Supply Chain Tech Report (#SCT23) we talked to the experts from the field. Juergen Rachor from McKinsey & Company also shared his views. Read more in our SCT23 report. What is the SCT23 all about? #SCT23 is a guide to the European Supply Chain Tech Startup ecosystem, covering more than 430 startups that help shape the future of supply chain management and logistics. 🔎 Focus-Topic: Unleashing the Power of (Generative) Artificial Intelligence in Supply Chain In this year's report, we focus on how (Generative) Artificial Intelligence transforms supply chains. Find great expert opinions and startups applying AI to make supply chains more resilient, more transparent, and more sustainable. What else will you find in the report? ▶️ 80 Startups to watch with a detailed profile ▶️ 430 Startups covered in a comprehensive overview ▶️ State of the European Supply Chain Startup Ecosystem in numbers 🌐 Link in the comments P.S. Your startup is not listed? Then make sure it’s registered in our startup database. #startups #venturecapital #supplychain #logistics #innovation