Traction vs. Funding: The Chicken-or-egg problem for Deep Tech Startups @ Roundtable #2
This event took place on Tuesday, October 18, 2022 at 3:00 PM UTC.
Amid the funding slowdown, EV battery component maker Natrion raised a $2m oversubscribed seed round in a high-risk, high-competition industry. But it was their third attempt at fundraising: they initially struggled to prove to investors that their technology worked when they needed the capital upfront to actually build it first. Ultimately, they succeeded in not only gaining the backing of industry investors, but high profile investors like Mark Cuban, and they learned some critical lessons about how (and how not to) walk this tightrope. How can deep tech startups differentiate themselves, prove their tech with limited resources, and ultimately still secure strategic investors and partners? Natrion COO Thomas Rouffiac will share the hacks they learned to get their eventual funding, and lead discussions about how other R&D-dependent startups can do the same. Thomas Rouffiac Co-founder and COO, Natrion