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  • Rounds Closing - It's not too late (7 days left)

Rounds Closing - It's not too late (7 days left)

Review deals, RSVP for new ones

Author

Blake Stewart
July 23, 2024

Investments on and in (👀) Kernal

We’ve got another great demo day that you won’t want to miss and it’s happening July 24th at 12:00pm PST. RSVP below to join the event and preview the pitches 👇

OMG it's a B2B Bonanza

4 Early Startups focusing on B2B

https://kern.al/event/omg-b2b-bonanza

⏳ Last Month’s Deal - CLOSING TIME

  1. Aesthetic: LJ’s round is oversubscribed 🤑 🎉 Our job here is done.

  2. Beem: 💎 $3.13M INTEREST 🤝 171 INTROS

    • Current round to operationalize $100M debt facility we have secured (SAFE YC Post Money 70M Cap, 20% Discount, $2M round with $390K remaining and participants that include CEO of AuthID, CTO of Turo, COO Atelio, Founder of Flo, Spacestation - World's Largest Influencer Network, Sweater Ventures, Colossus Ventures (AeroPay Founder) and more).

    • Yield-as-a-Service to scale Beem's Blitz - Buy Now Pay as you get Paid for $10 or less convenience store transactions at 99c/month that is growing 20% everyday ($50K min investment, 15% APR paid monthly, principal paid back at end of 12 month period. $300K of $1M remaining with PayPal Angels, CPO of Nium and others participating in it)

    • Series A this fall ($10M Series A to scale talent, partnerships and operations)

  3. Jellypod: $250k+ was committed by a few investors, putting him halfway there. He’s looking for a few more investor intros. Reply here if you’re interested.

    INVESTOR THEME: MEDIA, ENTERTAINMENT, NEWSLETTER, PRODUCTIVITY, ETC.

  4. Parrot Finance:  💎 $3.88M INTEREST 🤝 14 INTROS.
    $1.5M+ in AUM. Trending Topic with the election coming up. Mimic trades from over 200 portfolios of top politicians like Nancy Pelosi and CEO’s like Elon Musk, Mark Zuckerberg and Warren Buffet.


    INVESTOR THEME:  FINANCE, INVESTING, B2C, SOCIAL, WOMEN FOUNDED, ETC.

😎 Like what you see?

RSVP to our Next Event

Get ready for an Amazing Afternoon of AI Awesomeness!

Want to be a guest star or sponsor the event? Hit us up at [email protected]

kern.al/event/amazing-ai

Get involved - interested in investing in Kernal?

We’re open to conversations. Reply here to start one.

We’d love to hear your feedback on the events and what you’d like to see in 2024! Reply to let us know.

Do you know an Accelerator or Startup Program hosting a Demo Day? Send them to Kernal Dealroom to make it easier for startups and investors to connect.

Until next time,
EBI-DUH

Disclaimer: This newsletter is for informational purposes only and does not constitute investment advice, an offer, or solicitation to buy or sell any securities, or a recommendation or endorsement of any companies or their securities. The information contained herein is not intended to be, and should not be construed as, financial, legal, or investment advice. All investments entail risks, and past performance is not indicative of future results. Please consider your specific investment objectives and financial situation before making any investment decision. Kernal does not assume any liability for any loss which may result from reliance on the information contained in this newsletter. For more detailed information about the companies mentioned, please conduct your own due diligence.