global technology trends & top ten startup hubs 2016

•  General Technology Trends•  Mobile Industry Trends•  Investment Trends•  Top Ten Startup Hubs 2016

CONTENT

General Technology Trends

3D printers Drones Wireless Everything

Virtual Reality

Hot Trends at CES 2016

Driving Gadgets The Internet of Things

Continuing Evolution of Technology

Smart Homes

Healthcare Gizmos

In 2016, IT spending on hardware, software, and services is expected to post only a 2% growth rate to $2.3 trillion, compared to an annual growth rate of 5% to 6% over the past six years since the 2010 financial crisis. Last year, IT spending worldwide grew 6%. (IDC)

Source: IDC, SparkLabs Global Ventures

Shipment forecast of tablets, laptops and desktop PCs worldwide from 2010 to 2020 (in million units) Top Wearable Products with Shipments (in millions)

Source: IDC, SparkLabs Global Ventures

0

100

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2010 2011 2012 2013 2014 2015 2016E 2019E 2020E Destop-PCs Laptops Tablets

31.9 41.8

111.3 39.6 51.4

60.8

18.8 15.6

6.8 6.2

7.1

0

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2015 2016E 2020E

Watch Wrist Band Eyewear Clothing Others

Global IT Spending Slashed to $2.3 Trillion

Worldwide combined shipments for devices (PC, tablets and mobile phones) are expected to decline 3 percent in 2016. This will mark the second consecutive year of decline. The global devices market fell by 0.75% in 2015 (Gartner)

Mobile phone shipments will fall 1.6 percent in 2016, but will return to growth in 2017 (Gartner)

Source: Gartner, SparkLabs Global

Worldwide Devices Shipments by Device Type, 2015-2018 (millions of units)

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2015 2016 2017 2018

Traditional PCs Ultramobiles (Premium) PC Market

Ultramobiles (Basic and Utility) Computing Devices Market Mobile Phones

Annual Shipment Growth of IT

In 2015, spending on software was around $314 billion dollars. That same year, expenditure in the global information technology market amounted to $3.4 billion dollars and IT services, the second largest segment behind communications services, stood at $866 billion dollars. IT spending on software worldwide is expected to reach $332 billion in 2016.

Statista, Sparklabs Global

Fast growing software market

IT spending on software worldwide, from 2009 to 2020 (in billions, U.S. dollars)

285 297 310 314 332 356

381 408

437

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2012 2013 2014 2015 2016E 2017E 2018E 2019E 2020E

Mobile Industry Trends

The global smartphone market is expected to slow considerably over the next few years. Despite a record-setting holiday quarter, 2015 was likely the last year of double-digit growth for smartphone shipments. (Business Insider) •  Mature markets were at the heart of this year’s deceleration. Adoption has reached new highs in key markets in the U.S., Europe,

and China. •  Meanwhile, emerging markets will continue to see robust shipment growth. India and Indonesia, in particular, will help fuel a large

share of the shipments growth within the global smartphone market over the next few years.

Global Smartphone Shipments (in billions) Global Smartphone Shipments (in billions)

Source: BI Intelligence, SparkLabs Global Source: BI Intelligence, SparkLabs Global

0 0.5

1 1.5

2 2.5

3 3.5

4

Global Smartphone Market to Slow Down

Global Connections by Technology (in millions) Smartphone Users and Penetration Worldwide (in millions)

Smartphone Penetration by Country (Top 10) Smartphone Shipments by Region (in billions)

Source: GSMA Intelligence, Google our mobile planet, SparkLabs Global Source: eMarketer, CCS Insight, SparkLabs Global

0 1000 2000 3000 4000 5000 6000 7000 8000 9000

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2G 3G 4G

1311.2 1639

1914.6 2155

2380 2561.8

32.4 38.4

42.9 46.4 49.5 51.7

34.3

25 16.8

12.6 10.4 7.6 0

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2013 2014 2015 2016 2017 2018

Smartphone Users % of Mobile Phone Users % Change

67% 68% 68% 69% 70% 72% 74% 75%

80% 85%

0% 20% 40% 60% 80% 100%

Taiwan Norway

UK Denmark

China Spain

Hong Kong Sweden

South Korea Singapore

0

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2012 2013 2014 2015 2016 2017 2018

North America

Western Europe

Asia-Pacific Developed

Asia-Pacific Emerging

China

India

Eastern Europe

Middle East and Africa

Latin America

Smartphone Market in 2016

Mobile Data Traffic Growth in 2015 by Region Global Mobile Data Traffic forecast by 2020

Source: Cisco VNI Mobile, SparkLabs Global Source: Cisco VNI Mobile, SparkLabs Global

Global mobile data traffic grew by 74 percent in 2015. Growth rates varied widely by region, with Middle East and Africa having the highest growth rate followed by Asia Pacific, Latin America, and Central and Eastern Europe.

Overall mobile data traffic is expected to grow to 30.6 exabytes per month by 2020, an eightfold increase over 2015. Mobile data traffic will grow at a CAGR of 53 percent from 2015 to 2020.

0% 20% 40% 60% 80% 100% 120%


Asia Paciffic

Latin America

Central and Eastern Europe

North America

Western Europe

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2015 2016E 2017E 2018E 2019E 2020E

(Exabytes/month)


Regional Share of Smart Devices and Connections Global Growth of Smart Mobile Devices and Connections

Source: Cisco VNI Mobile, SparkLabs Global Source: Cisco VNI Mobile, SparkLabs Global

74%

59% 43%

35%

34%

12% North America

Western Europe

Central and Eastern Europe Asia Pacific

Latin America


•  By the end of 2020, North America will have 95 percent of its installed base converted to smart devices and connections, followed by Western Europe with 86 percent smart devices and connections.

•  The share of smart devices and connections as a percentage of the total will increase from 36 percent in 2015 to more than two-thirds, at 67 percent, by 2020, growing nearly threefold during the forecast period

64% 56% 49% 43% 37% 33%

36% 44% 51% 57% 63% 67%

0%

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2015 2016E 2017E 2018E 2019E 2020E

Nonsmart Devices Smart Devices


Worldwide Smartphone OS Market Share

Source: Statista, SparkLabs Global

Worldwide Smartphone Shipments Share Q2 2016

22.4%

11.8%

9.4%

6.6%

4.8%

45.1%

Samsung

Apple

Huawei

OPPO

vivo

Others

Source: Statista, SparkLabs Global


Revenue of mobile application is expected grow continuously and rapidly along with increasing consumption of smartphones.

As you can see from below chart, even in the US which has a mature mobile application market, users still download many apps every month.

Source: Statista, Gartner, TechCrunch, SparkLabs Global

Mobile App Forecast – Annual Gross Revenue Fastest Growing Emerging Countries by App Store Revenue

Source: Flurry Analytics, SparkLabs Global

Mobile Application Growth

Investment Trends

“Entrepreneurship ecosystems are developing all over the globe – but no place is like Silicon Valley where ideas, ambitions, capital and experience still come together in a unique, catalytic way that fosters the creation of exceptional startups.”

Jeff Clavier, Founder & Managing Partner of SoftTech VC

On Silicon Valley

SoftTech VC is one of the original seed VC firms in Silicon Valley, having closed 175+ investments since 2004. Jeff and his team have backed successful startups like Mint , Kongregate, Milo, Wildfire, Fitbit, Eventbrite, Sendgrid, Postmates, and others.

• The World Bank estimated that crowdfunding would reach $90 billion by 2020.

• Equity crowdfunding, the newest category of crowdfunding, opened up publicly in 2013, has grown to an estimated $1 billion invested online. In 2015 the estimate is for over $2.5 billion to be invested through equity crowdfunding.

Source: Crowdfunder, SparkLabs Global Ventures

Annual Funding Comparison (in billions) Crowd Funding Volume (in billions)

Source: Crowdfunder, SparkLabs Global Ventures

Trends Show Crowdfunding to Surpass VC

• The median value of LA-based companies at exit has been larger than NYC exiting companies every year since 2011, and significantly higher since 2014.

Source: CB Insights, SparkLabs Global Ventures Source: CB Insights, SparkLabs Global Ventures

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2011 2012 2013 2014 2015 2016

Los Angeles New York City

Number of Exits LA vs NYC

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2011 2012 2013 2014 2015 2016 Los Angeles New York City

Median Company Valuation LA vs NYC

Company Exit Type Date of Exit

Oculus VR M&A 3/25/2014

lynda.com M&A 4/09/2015

Demand Media IPO 1/21/2011

Cameron Health M&A 3/09/2012

Vantge Oncology M&A 2/25/2016

Dollar Shave Club M&A 7/20/2016

Maker Studios M&A 5/12/2014

TrueCar IPO 5/16/2014

Kite Pharma IPO 6/20/2014

Cornerstone IPO 3/17/2011

Trade Desk IPO 9/22/2016

Largest Exits in LA Since 2011

Data Suggests LA Ventures Is Underrated

Startup Survival Rate From Round To Round Bay Area vs. U.S. Average New York City vs. U.S. Average

Boston vs. U.S. Average Los Angeles vs. U.S. Average

Source: Mattermark, SparkLabs Global Source: Mattermark, SparkLabs Global

0%

25%

50%

75%

100%

Seed A B C D E F

USA Average New York City

Series

0%

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100%

Seed A B C D E F

USA Average Bay Area

Series

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100%

Seed A B C D E F

USA Average Boston

Series

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100%

Seed A B C D E F

USA Average Los Angeles

Series

Startup Survival Rate From Round To Round Seattle vs. U.S. Average Chicago vs. U.S. Average

All Other Cities vs. U.S. Average

Source: Mattermark, SparkLabs Global

Source: Mattermark, SparkLabs Global

0%

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75%

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Seed A B C D E F

USA Average Seattle

Series

0%

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Seed A B C D E F

~Other~ USA_Average

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Seed A B C D E F

Chicago USA_Average

Series

• With the year only halfway done, 2016 has seen $1.3B invested over 76 deals, which already

translates to 85% growth over 2015′s funding total. At the current run rate, deal volume this year will grow by 11% over last year’s total. (CB Insight)

• Much of the boom in 2016 can be attributed to Magic Leap‘s Series C fundraising in February, which was a massive $793M round. The stealth AR headset developer has now raised $1.4B in total funding. (CB Insight)

Source: CB Insight, SparkLabs Global Ventures

AR/VR Global Yearly Financing History

86 238

787 703 1,303

2,606

23

41

60

137

152

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Investment ($M) Projected Deals

AR/VR Funding Already Sees 85% Growth

• Deals to AI-focused startups increased nearly 7x over the last five years, from 4 in Q1’11 to 27 in Q1’16. Around 15% of the deals in Q1’16 went to companies focused on AI applications in healthcare.

• However, total funding dropped 18% to $83M from $101M in Q4’15, when over 20 companies raised funds.


AI Global Quarterly Financing History AI Funding Breakdown by VC Round


Artificial Intelligence Startups in Q1 2016

• Median early-stage (Seed – Series A_ deal size among all VC-backed companies hit $2.7M in 1Q16, up 17% YoY. This reflects the active ecosystem of micro-VCs, multi-stage funds and strategic investors actively pursuing early-stage deals.

• NY-based tech exits have also picked up, as 2014 saw the highest exit total of the past six years. The exits have largely been driven by M&A. However, 2014 did reach a six-year high for IPOs with five, including those of OnDeck Capital, Varonis Systems, and others.

Global Early-Stage Deal Size (in millions of USD)

Source: CB Insights, KPMG, SparkLabs Global Ventures

Source: CB Insights, KPMG, SparkLabs Global Ventures

Global Late-Stage Deal Size (in millions of USD)

$1.9 $2.2

$2.0 $2.4

$3.2

1Q15 2Q15 3Q15 4Q15 1Q16

$21.0

$30.5

$35.0 $31.3

$22.0

1Q15 2Q15 3Q15 4Q15 1Q16

Early-stage Deals VS. Late-stage Deals

Top Ten Startup Hubs 2016

Silicon Valley

New York

London Berlin

Stockholm

Seoul Tel Aviv

Beijing

Los Angeles

Boston


What defines a leading global startup hub?

•  Engineering Talent

•  Entrepreneurs / Mentors

•  Technical Infrastructure

•  Funding Ecosystem & Exits

•  Startup Culture

•  Legal & Policy Infrastructure

•  Economic Foundation

•  Government Policies & Programs


Population of Top 10 Global Startup Hubs

1.  Silicon Valley 7.4 Million

2.  Stockholm 2.1 Million

3.  Tel Aviv 3.4 Million

4.  New York City 20.1 Million

5.  Los Angeles 18.5 Million

6.  Beijing 24.9 Million

7.  Seoul 25.7 Million

8.  Boston 7.6 Million

9.  London 13.6 Million

10. Berlin 4.2 Million

* population by metro area


A view of San Fransokyo from Disney's 'Big Hero 6' Image Credit: Walt Disney Animation Studios

Unicorns of Top 10 Global Startup Hubs

Our definition of a “unicorn” was:•  Private company valuation of $1 billion+

•  Private company acquired for $1 billion+

•  IPOed during 2010 to present with a current market capitalization of $1 billion or greater

(Sources: CB Insights, Crunchbase, Yahoo! Finance, and Google)

1.  Silicon Valley 79 Unicorns

2.  Stockholm 6 Unicorns

3.  Tel Aviv 4 Unicorns

4.  New York City 16 Unicorns

5.  Los Angeles 12 Unicorns

6.  Beijing 9 Unicorns

7.  Seoul 6 Unicorns

8.  Boston 8 Unicorns

9.  London 10 Unicorns

10. Berlin 5 Unicorns


“Silicon Valley is the best place in the world to scale a startup. Once a startup hits product-market-fit, it should absolutely have a presence in the Valley to benefit from the knowledge and resources about scaling.”

Ben Casnocha, Silicon Valley-based entrepreneur and author

On Silicon Valley

Ben is Co-author of the #1 New York Times bestselling career strategy book “The Start-Up of You: Adapt to the Future” (with Reid Hoffman). At 14, he was Founder of Comcate, an e-government technology firm.

26 Unicorn Startups who went public (IPO)

SILICON VALLEY

Pandora Trulia Palo Alto Networks Infoblox Lending Club Hortonworks

Linkedin Facebook ServiceNow Marketo Zendesk Fitbit

Fusion-io Workday Exact Target Fireeye GoPro Nutanix

Zynga Splunk Guidewire Software Box New Relic

Unicorn Startups that went public

53 More Unicorn Startups in Silicon Valley (non-IPO)

SILICON VALLEY

Uber Airbnb Apttus Slack Automattic AppDynamics Credit Karma Github Docker Zscaler

Lyft Palantir Technologies

Intarcia Therapeutics

Bloom Energy Deem Kabam Jawbone Instacart 23andMe Wish

Prosper Pinterest Stripe Houzz Good Technology Illumio Pure Storage MuleSoft CloudFlare ForeScout

Tanium Dropbox Zenefits Survey Monkey

Proteus Digital Health MarkLogic DocuSign Deem EventBrite Glassdoor

NextDoor Theranos Cloudera Evernote Tango Coupa Software ContextLogic Medallia Lookout Others…

Entire list of Unicorn Startups that hasn’t gone public

NEW YORK CITY

16 Unicorn Startups in New York City

“Los Angeles occupies a unique position as the center of the global entertainment industry. Companies who want access to content, talent and media knowledge are all locating offices here. Los Angeles also has a rich set of experienced entrepreneurs, angel investors and venture capital that can help new companies scale and grow.”

Sam Wick, Head of UTA Ventures

On Los Angeles

Sam is currently Head of UTA Ventures. Previously he was EVP & GM, Enterprise at Maker Studios, which was acquired by Disney in 2014.

LOS ANGELES

12 Unicorn Startups in Los Angeles

"London has a unique combination where in one single city there is strong concentration of deep technical talent alongside people with business experience across multiple sectors and it's also the seat of government and regulation. For the new wave of startups coming up that are tackling real world issues, it's an ideal starting ground to coordinate across all these domains.”

Aneesh Varma, Co-founder & CEO of Aire

On London

Aire gives people a new credit score to help them qualify for essential financial products. The company’s investors include White Star Capital, Sunstone Capital, TechStars/Barclays Accelerator, and SparkLabs Global Ventures.

LONDON

10 Unicorn Startups in London

BOSTON & BERLIN

8 in BOSTON 5 in BERLIN

Unicorn Startups in Boston and Berlin

“Beijing is great for startups because it's not only the center for tech, business, politics and culture in China, but also has a large early adoption market for new technology and consumer trends. The city is littered with co-working spaces and events for startups. VCs are hungry to invest in great companies. Besides Silicon Valley, Beijing is the next most vibrant place for startups.”

Anna Fang, CEO & Partner of ZhenFund

On Beijing

Anna is Head of the largest seed fund in China with over $500 million AUM. Since starting the fund in 2011 with Xu Xiaoping, Anna has managed the fund’s over 300 early stage investments.

BEIJING AND SEOUL

Unicorn Startups in Beijing and Seoul

9 in BEIJING 6 in SEOUL

Unicorn Startups in Tel Aviv and Stockholm

TEL AVIV & STOCKHOLM

6 in STOCKHOLM 4 in TEL AVIV

“Silicon Valley isn't just a place, it's a state of mind. A state of mind where failure is okay, where risk taking is celebrated, where young people are seen as thought leaders, and where folks try to help each other with no expectation of anything in return.”

Sheel Tyle, Principal & Co-Head of the Seed Practice at NEA

On Silicon Valley

Sheel focuses on consumer technology & education in the U.S. and emerging markets. Sheel holds board seats or observer roles with Andela (independent), LearnUp, and Robinhood. He is a World Economic Forum Global Shaper.

Startup Snapshots of Silicon Valley

SILICON VALLEY

“NYC is one of the fastest growing ecosystems for tech startups. There's a tight-knit community of founders, investors and talent from around the world - not to mention one of the most diverse melting pots of people from all walks of life. It's a unique place to launch new products to a high concentration of early adopters, both consumer and enterprise.”

Suzanne Xie, Founder & CEO of Hullabalu

On NYC

Suzanne is Founder of Hullabalu, a family media startup re-inventing storytelling for the new generation. Hullabalu's story apps have been installed over 1.4M times and is a #1 iTunes Books bestseller in over 42 countries. Investors include SV Angel, 645 Ventures, Melo7 Tech, Joanne Wilson, SparkLabs Global Ventures and others.

Startup Snapshots of Silicon Alley

NEW YORK CITY

“Despite the public perception on Brexit, the UK and London continues to be the leading driver of the European tech ecosystem. Digital comprises the highest % of GDP out of any OECD country and both the founder and funder ecosystem continues to accelerate. It is a natural hub for FinTech given its centrality for global finance, for AdTech given a number of the largest media buying groups are UK based, and for AI given the PhD outputs from the likes of Cambridge, Oxford, UCL and Imperial. Most importantly its founder and employee base is one of the most vibrantly diverse in the world.”

Christian Hernandez, Co-founder & Managing Partner of White Star Capital

On London

White Star Capital is an early-stage VC firm helping entrepreneurs across the Atlantic. Their investments include companies such as Betaworks (US), Summly (UK – Bought by Yahoo!), and Dollar Shave Club (US).

Startup Snapshots of London

LONDON

“The Stockholm startup ecosystem is on fire, with Spotify, Mojang, King and Klarna leading the way. A new generation of companies that includes Truecaller, Lifesum and Trustly are following in their footsteps. Stockholm's secret sauce is a mix of great products, engineering skills, Nordic design and a culture of going international from day one. This is attracting people and capital from all over the world and reinforcing the fact that Stockholm is one of the best places in Europe to build a startup.”

Henrik Torstensson, CEO of Lifesum

On Stockholm

Lifesum is digital health startup that offers its users a flexible platform to support and encourage a healthy, balanced lifestyle. They have won Best of App Store 3 years in a row. Their investors include Nokia Growth Partners, Bauer Media, SparkLabs Global Ventures and others.

Startup Snapshots of Stockholm

STOCKHOLM

“Berlin is a way of life – you come to Berlin to live and work in Europe, but you think Silicon Valley. Berlin is one of the youngest and fastest growing and most dynamic tech ecosystems in Europe. The low cost of living in the city lowers the barrier to entry and tech talent from around the world have moved to Berlin”

Gunnar Graef, Founder & Managing Partner of Deutsche Ventures

On Berlin

Gunnar is Managing Partner of Deutsche Ventures, a Berlin-based company builder. Gunnar founded Airtag which was recently acquired by Safran Group. Before, he co-founded Index Multimedia and DHL Globalmail.

Startup Snapshots of Berlin

BERLIN

6Wunderkinder

Splash

Startup Snapshots of Tel Aviv

TEL AVIV

Startup Snapshots of Beijing

BEIJING

Kaixin001

Tujia

Edaixi

“In my mind, the two most important factors that makes Seoul one of the best ecosystems for startups is its people and infrastructure. In a city where 40% of the population of South Korea is living in Seoul, the population has experienced internet speeds years ahead of any other city in the world which in turn has produced a technically savvy work force and customer base. It is no coincidence that many businesses such as SNS and mobile social gaming were successful in Korea many years before it became globally popular. Because it is the most connected city in the world, entrepreneurs can offer services now that may not be possible anywhere else until later when internet speed and/or user adoption catches up.”

Chris Koh, Co-founder of Coupang

On Seoul

Chris is Co-founder of Coupang, which is the leading ecommerce company in South Korea. They recently raised $1 billion from Softbank and previously raised capital from Sequoia Capital Global Equities, BlackRock Private Equity, and others.

Startup Snapshots of Seoul

SEOUL

Baedal Minjeok

Startup Snapshots of Los Angeles

LOS ANGELES

“The Boston talent pool is unrivaled and the community is very hungry for breakout companies. While there can be disadvantages to being outside the hype zone, I love that it provides space to focus and build transformational products. And I love that the community rallies around emerging companies more than I've seen in any other city.”

Pat Kinsel, Founder & CEO of Notarize

On Boston

Pat is Founder & CEO of Notarize and a Venture Partner at Polaris Partners. He was Co-founder & CEO of Spindle, which was acquired by Twitter in 2013.

Startup Snapshots of Boston

BOSTON

About SparkLabs Global Ventures

We are a new seed-stage fund with partners in Silicon Valley, London, Tel Aviv, Singapore, and Seoul. Since December 2013, we have invested in 58 companies. Our global approach means that we can pick the best deals in the right geographies where the sectors are hottest. For example, London has become the leader in fintech, deep tech is growing fast in Scandinavia and South Korea, cybersecurity in Israel and ecommerce in Asia.

“SparkLabs team was extremely value-add - they provided strategic advice, brokered relationships, and was 100% committed to supporting us in building our company. They opened more doors for us than any other investor. SparkLabs is an extension of your team. I would work with them in a heartbeat.” - Somrat Niyogi, Co-founder & CEO of Stitch (acquired by SugarCRM)

“YJ and I, along with the entire team at KnowRe are ecstatic to be a part of the SparkLabs family, beginning from our days in the accelerator. As an investor and mentor, SparkLabs brings a partnership that truly embodies the characteristics of a family - being involved, bringing to bear ALL of one's resources, a genuine concern for someone that goes far beyond self-interest. This type of partnership invariably leads to a deep trust. As entrepreneurs turned investors, SparkLabs has a distinct understanding of both tectonic shifts in industry and the needs of, say a junior marketing employee. This unique vertical acumen is extremely valuable and a critical component to growth.” - David Joo, Co-founder & Co-CEO of KnowRe (www.knowre.com)

“Love working with these guys. Gives ‘sweat capital’ an entirely new meaning, going to all lengths around the world to get us what we need.” - Akash Nigam, Co-founder & CEO of Blend (www.blend.la)

Our Entrepreneurs

Silicon Valley

Silicon Valley

NYC

“SparkLabs is an amazing team of investors. The partners are experienced operators from around the globe who have helped us with not only key business issues, but also bouncing new ideas. Everyone is intelligent and charismatic, so it's easy to see why the fund has such an expansive network of founders, senior executives, and advisors who are always there to help. If you're a founder who cares about scale, international expansion, or just adding an awesome extension to your team - SparkLabs is your fund.” - Cathy Han, Co-founder & CEO of 42 (YC W14)

(www. 42technologies.com)

“SparkLabs has been an amazing partner for us - they set the bar high, but have helped us every step of the way. Not only has the SparkLabs team provided market-vetted advice and feedback, but they’ve been out front in making key introductions and resources. Iodine is proud to be part of the SparkLabs clan.” - Thomas Goetz, Co-founder & CEO of Iodine (www.iodine.com)

“The partners at SparkLabs are amazing people and have been a motivating force since the early days of Petnet. They are forward thinking in the way they think about the internet of things and how it will shape they way people shop for consumables. They have an expansive global network of executives, advisors, and investors who are ready to help in any form necessary. SparkLabs is an essential team member for companies who are looking to expand their brand globally.” - Carlos Herrera, Co-founder & CEO of Petnet (www.petnet.io)

Our Entrepreneurs

Silicon Valley

Silicon Valley

LA

“Code Kingdoms is delighted to part of the SparkLabs family. The partners understand entrepreneurs because they are entrepreneurs themselves - the guidance and support provide is always insightful, relevant and timely. Having SparkLabs as an investor has been a significant contributor to the growth of our company and also provided immense learning opportunities from fellow portfolio companies and wider network.” - Ross Targett, Co-founder & CEO of Code Kingdoms (www.codekingdoms.com)

“SparkLabs' passion for Memebox inspired us to go global and expand to Silicon Valley. Their support was felt every step of the way as we launched the Silicon Valley office and graduated from Y Combinator. Since their involvement we've successfully closed both a Series A and B funding round, within a year. It has been a rewarding experience having SparkLabs Global Ventures as our investor and partner as we continue to share our products with the global audience.” - Dino Ha, Co-founder & Co-CEO of Memebox (YC W14) (www.memebox.com)

“Suffice it to say that SparkLabs has played a significant role in the Squirrel story! Heck, they were even involved before we became known as Squirrel! SparkLabs has taken on the role of investor, mentor, facilitator, talent source, sounding board and all-round supporter of everything Squirrel as of day 1. Their commitment to our success has come through in every interaction with the outspoken Frank Meehan and team at SparkLabs, and they've been a great partner on our amazing journey so far. I look forward to continuing to see that partnership flourish as they help us work towards making financial freedom a reality in the UK and beyond!” - Mutaz Qubbaj, Co-founder & CEO of Squirrel (www.squirrel.me)

Our Entrepreneurs

Silicon Valley& Seoul

London

London

Thank you!www.sparklabsglobal.com