Melinda Elmborg, Co-Lead at Fast Track Malmo Accelerator on The Great Pre-Seed Funding Problem in Europe
46% of entrepreneurs say access to capital is the biggest headache for their startups and yet while overall capital invested in European tech has increased even from last year ($41B, 130% increase from the year before), the interesting statistic is that the number of pre-seed rounds has decreased. In today’s episode, I talk to Melinda Elmborg who is the accelerator co-lead at Fast Track Malmö about this problem. Melinda helps startups grow and raise their first VC round as part of Malmo. Previously, she was a VC investor at Daphni in France.
- [1:21] Your journey from VC to accelerator head
- [3:02] What stage does Malmo focus on?
- [3:59] What trends are you seeing in the fundraising landscape - on what’s working and what is not?
- [12:36] The problem of pre-seed funding in Europe and what can be done to fix it
- [25:58] How can people find the right angels if they don't have the network?
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