Joopiter, Dreamscape, Movio, Mindgrasp — 15th November, 2022
We see about 5,000 startups each week, and I want to give you a glimpse into how we at Headline think about trending tech companies and tracking new investment opportunities. In this post, I’m highlighting top tech companies that have announced or raised a seed round within the past week.
Joopiter
EVA Growth Index:
Product:
Online marketplace for creators to sell exclusive goods
Lead Investors:
Lightspeed Venture Partners
Total Raised:
$6M
Comparables:
Farfetch, StockX
My Thoughts:
This is all about supply/creator acquisition, as the demand will follow the unique supply of their favorite creators. Right now, there are about a hundred Pharrell luxury items on the platform, some pretty mesmorizing stuff, so they are off to a great start here.
Dreamscape
EVA Growth Index:
Product:
Game development engine that lets teachers create educational games for children and teenagers
Lead Investors:
Sandpiper Ventures
Total Raised:
$3M
Comparables:
Boddle Learning
My Thoughts:
I will keep saying in this newsletter that I see the future of K12 learning going in the direction of educational games that have kids as hooked as playing Call of Duty. Looking at Dreamscape’s web traffic here, it seems like it’s working.
Movio
EVA Growth Index:
Product:
Text to AI-enabled video and voice spokesperson to be embedded in educational, and marketing material
Lead Investors:
IDG Capital, Baidu Ventures, Sequoia Capital China
Total Raised:
$9M
Comparables:
N/A
My Thoughts:
This is an example of the end-use cases of all the generative voice and video AI platforms we have seen pop up over the last few months. This should drastically reduce the cost and time required for any content creator to generate videos like this.
Mindgrasp
EVA Growth Index:
No external sources showing growth
Product:
AI-enabled personalized note taker, Q&A generator, and video transcription engine to help individuals conduct research or study
Lead Investors:
Undisclosed
Total Raised:
Undisclosed
Comparables:
Quillbot
My Thoughts:
Imagine being faced with a ten thousand-word article, an hour video lecture, or even an entire book that you know has the answers to your question. With Mindgrasp, you can simply ask the AI to fish out these answers from these long pieces of content and save hours.
Hi, I am Nicolas von Blottnitz, an Associate at Headline’s SF office focusing on Consumer, Fintech, and SaaS businesses. Since joining in 2018, I have led our investments in Tabnine, Polygon, Flockjay, Solid, and Grin.
What is the EVA Growth Index?
The EVA Growth index is a composite of third-party data sources around a company’s website traffic. The vertical green lines in the charts represent a point in time where the company raised outside capital.
