8i Ventures, a leading venture capital firm, has unveiled the second phase of its Origami program, committing $10 million to support 5-6 high-potential pre-seed startups. The initiative focuses on nurturing early-stage ventures with innovative ideas and scalable solutions, building on the success of its first edition.
Key Highlights of the Origami Program
- Rapid Investment Process:
- One-week initial response time.
- Four-week deal closure process, ensuring startups receive quick decisions and support to accelerate their growth.
- Focus on Complete Founding Teams:
- The program emphasizes startups with balanced founding teams, combining technical expertise and go-to-market strategies to ensure operational strength and market readiness.
- Strong Track Record:
- The first phase invested $600K across three startups, including Cautio and Cobalt, and reviewed over 500 applications.
8i Ventures’ success lies in its hands-on approach to investment. By identifying startups with a balance of innovation and execution capabilities, the firm offers targeted support for scaling operations. The Origami program prioritizes emerging technologies and scalable ideas, ensuring a diverse portfolio of impactful ventures.
In a statement, 8i Ventures said, “Origami’s success is rooted in our hands-on approach, which allows us to offer targeted support to the right teams. We are excited to back startups that not only have innovative ideas but also strong execution capabilities.”
The second phase of the Origami program reflects 8i Ventures’ strategic vision to support startups poised for transformative growth. By streamlining the investment process and focusing on foundational team strength, the firm aims to create a robust pipeline of scalable and sustainable businesses.
This article is based on information from official announcements by 8i Ventures and media reports.
Key Highlights:
- 8i Ventures has launched the second phase of its Origami program, allocating $10 million for 5-6 pre-seed startups.
- The program offers rapid investment decisions with a one-week response time and four-week deal closure.
- The first phase invested $600K in three startups, including Cautio and Cobalt, showcasing its success in identifying promising ventures.
- Origami focuses on startups with strong founding teams and scalable ideas, particularly in emerging technologies.