From Busy Angels to Bynd Venture Capital
It started as a group of business angels, in 2010, and soon evolved to a venture capital with two funds under management, a relevant track record and support from the international investment community. It’s been nine years, and we are very proud of what we have accomplished so far, but now we want to do more and better for what’s coming next. The new positioning and new brand are a way to show it.
Before talking about our evolution along these years, let me start by introducing you to the new brand. Bynd Venture Capital is the result of a co-creation process between Busy Angels and Jack the Maker, our creative marketing portfolio company, and the name represents both our ambition and the characteristics of our team. Bynd joins the words “bind” — based on our strong relations with our stakeholders — and “beyond” — that represents our ambition to go further and to help our startups grow in a sustainable manner. There’s more about this concept in a specific article on the brand.
We’re not turning back on our past, it took us to where we are today. These years allowed us to gather an incredible team of professionals with deep knowledge of our investment areas, entirely dedicated to investing and to backing up our founders in their growth. This team was always supported by a reliable investment committee with renowned names in their respective fields.
Our track record brought us here and we’re not alone. We have a strong and broad network of investors all over the world. This network is what will allow us to go beyond the obvious and help our startups to expand.
At the same time, we have been following a path of expansion: we were able to attract new, highly qualified and experienced investors from diverse backgrounds. These were thorough in analyzing our track record in detail, and by doing so they allowed us to create the new fund in just six months.
With this new fund, we will keep looking at innovative digital (B2B and B2C) and sustainable startups that are at seed or early development stage, and that have a direct relation with Portugal and Spain. Our presence in these two markets has been something that enhances Bynd Venture Capital, and we see a clear opportunity for us and our investors in further fostering it.
The fund had its first close and is ready to do the first investments, but it’s still open to investors that trust our team to grow even more. We’re expecting to have news about this soon.
Last, but not least, on behalf of Bynd Venture Capital’s team, thank you for trusting us — and let’s bynd for growth!
Santiago Salazar
