* Approximate** According to NVCA data
OUR LOAN PORTFOLIO
OUR CLIENTS
of US venture capital-
backed companies that
completed an IPO in 2018
of all venture capital-backed
tech and life science
companies in the U.S.
Larger
companies
Startups
(Pre-Series A) (Revenues)
Foreign Exchange
Working Capital & Receivables Finance
Acquisition Finance
Leveraged Buyout
Venture Loans
Cash Flow Lending
Banking (UK & US)
Trade Finance (via US Branches)
(Series A/B+)
Company Required $20MM debt to
cover operational expenditures in
advance of next equity round.
$15MM growth
loan facility to
add runway
$5MM working
capital funding at
low cost of capital
+
Funding Provided additional 12
months runway and 100% MRR
growth over 12 months since
financing
Value-add connections to others in the innovation ecosystem
Private Equity
Angel
Investors
Management
Teams
Venture
Capital
Capital
Markets
Corporate
Venturing
Government
Service
Providers
R&D
Universities
Entrepreneurs
of businesses say access to talent is the most important issue affecting companies like theirs
Source: SVB Startup Outlook 2019
“We've had a lot of challenges with the recruitment of
software engineers … and there's a lot of uncertainty
with Brexit (re recruiting from other countries).”
Executive, Software business, UK-HQ
Note: 1) Through Sept. 30, 2018. Extrapolated to full year for fundraising.
Sources: PitchBook, organization websites and SVB analysis.
Source: SVB State of the Markets Q4 2018
Source: SVB State of the Markets Report 2019
$250M GrowthFinTechGS, HSBC, AmEx, Santander,
Innoventures
$145M Series DSaaSSequoia
$30M Late VCEdTechVaekstfonden
$13M Early VCFinTechKinnevik, Creandum, Seedcamp
$16M GrowthHardwareSummit, Vaekstfonden
$79M Series CLife SciencesOrbiMed, Ysios,HBM, Seventure,
Bristol-Myers Squibb
$55M Series EEcommerceNorthzone, Seed Capital, Index
Ventures, Draper Esprit, Vitruvian
$20M Late VCConsumerBalderton, Sunstone, IDInvest
Seed and Series A funding has continued with deals done and funds raised by local
players to fund the next generation
The Danish market has captured interest of
leading international investors with > 50% of
capital coming from outside the region
0
100
200
300
400
500
600
700
800
900
1000
2013 2014 2015 2016 2017 2018
€m
Source: Dealroom.
* includes $395m for Unity and Tradeshift, which were Danish originated but now HQ in the US]
Danish companies have access to more
local and global Venture Capital than ever before
Entrepreneurial Talent
Access to Funding
International Growth
Exits and Value Realisation
5 tech unicorns in
recent years plus built
major private life
sciences companies
Danish companies
have greater access to
local and global
Venture Capital than
ever before
Several notable Exits
and IPOs in Recent
Years & a strong VC
presence with over
$1Bn invested
#5 in the world and #2 in
the EU on the 2017 Global
Entrepreneurship Index
Denmark has
outstanding potential…
from talent to growth and exits.
Our approach is to be
additive to
markets through a
partnership approach
SVB plans to
develop its network
in Denmark to support the many disruptors within the industry