Manhattan Venture Partners - MVP.vc

Manhattan Venture Partners - MVP.vc Tomorrow's IPOs Today: MVP & All Star Fund is focused on providing access to late-stage, venture bac

Manhattan Venture Partners “MVP” is a research-driven merchant-banking firm focused on the emerging secondary market for late-stage private technology companies. We provide direct and managed secondary investment opportunities, deploy capital as principals, and provide advisory services. We act as a partner and work with companies, angel and venture capital investors, executives and current/former

employees to provide them the liquidity and diversification that they need and want in a professional and efficient manner. There is a fundamental structure change taking place in the venture capital industry and with venture-capital backed companies in general: companies are staying private longer; raising significant rounds of late-stage private funding pre-IPO; are going public at substantial larger pre-money valuations than a decade ago. Public markets investors are hungry for, but generally unable to access, these fast growing, late-stage companies’ return potential. MVP also provides clients with accurate, timely and innovative research into the companies and sectors we cover. To that end we established an experienced team of analysts, researchers, economists and industry veterans that focus exclusively on private companies with a proven track record of success. Producing quality research on a private company is uniquely challenging. Our analysts communicate with employees, ex-employees, early investors, VCs, competitors, suppliers and others to gather valuable information about the companies under coverage. This information enables us to create unique financial models that value the underlying company and provide insight to our clients and industry experts, leveraging years of experience working for bulge bracket firms. This proprietary ecosystem of relationships also affords our private and institutional client base a unique opportunity to access pre-IPO equity allocations in many of these enterprises they otherwise would not be able to attain

Have you read the latest MVR    #107? Take a look at one of the lead articles: Rising Regulatory Focus on Climate Disclo...
05/29/2024

Have you read the latest MVR #107?
Take a look at one of the lead articles: Rising Regulatory Focus on Climate Disclosures Amplifies Startup Roles
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In March 2024, the US Securities and Exchange Commission (SEC) adopted rule changes requiring companies to disclose certain climate-related information, ranging from greenhouse gas emissions to expected climate risks to transition plans. The move is aimed at providing investors with consistent, comparable, and decision-useful information for making investment decisions, and consistent and clear reporting obligations for issuers. This rule change is propelling start-ups that offer carbon accounting and analytics services to address the complex and time-consuming process of measuring carbon emissions across a company’s operations, energy consumption, and suppliers.
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Carbon disclosure regulations are surging around the world. In September 2020, New Zealand led the global stage by becoming the first country with an announcement to mandate climate disclosures. In 2021, the Canadian Securities Administrators proposed a climate-related disclosure requirement for financial institutions and ESG-related requirements for large and listed entities. In January 2023, the EU’s new Corporate Sustainability Reporting Directive entered into force. In June 2023, the Australian Treasury released a Climate-Related Financial Disclosure Consultation Paper, outlining the requirements that certain Australian companies may have to follow in the future related to climate disclosures – as soon as 2024. In January 2025, new climate-related disclosure requirements for issuers under the Hong Kong Stock Exchange will come into effect.

Have you read the MVR Quick Take on Celestial AI 📊⠀⠀⠀⠀⠀⠀⠀⠀⠀Celestial AI💡- Founded in 2020- Offers Photonic Fabric, a pro...
04/26/2024

Have you read the MVR Quick Take on Celestial AI 📊
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Celestial AI💡
- Founded in 2020
- Offers Photonic Fabric, a proprietary solution leveraging light for data movement in AI systems ⚡
- Represents a novel approach compared to electronic interconnects 🔌
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A little read on the SEC climate disclosure 👀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀The Securities and Exchange Commission’s (SEC) upcoming c...
04/12/2024

A little read on the SEC climate disclosure 👀
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The Securities and Exchange Commission’s (SEC) upcoming climate disclosure rule, mandating companies to disclose greenhouse gas emissions, aligns with the global standards set by the European Union and China, among others. This initiative aims to provide investors with comprehensive insights into climate and energy transition risks faced by publicly traded companies. Greenhouse gas reporting involves categorization into Scope 1, 2, and 3 emissions, with Scope 3 being the most extensive. While some major companies, including Walmart and ExxonMobil, oppose Scope 3 reporting, others like Amazon and Chevron support it. With the SEC becoming more stringent, public companies are poised to enhance their reporting practices, thereby requiring external assistance.
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The MVP 2023 Year in Review: Welcoming New Innovations 2023🔥 SWIPE for our welcomed five promising new portfolio compani...
03/11/2024

The MVP 2023 Year in Review: Welcoming New Innovations 2023🔥 SWIPE for our welcomed five promising new portfolio companies bringing fresh innovation!!

🚨 RapidSOS: Emergency response data platform linking critical info from 350M+ devices to 911 & first responders for faster, smarter emergency response.

🛰 Hawkeye 360: Space-based RF data analytics via satellite constellation for maritime awareness & spectrum mapping

🛡️ BlueVoyant: Ex-NSA founded cybersecurity firm offering advanced threat intel, managed services & consulting to bolster enterprise cyber defenses.

🚚 Platform Science: Enterprise IoT fleet management platform for connected trucks and digital supply chains.

🤖 Cohere: Provides affordable, user-friendly LLMs for NLP and generative AI accessible to developers and businesses.

While 2023 tested our resilience ⛄, we embraced the inflection point by adapting strategies and doubling down on sustainable growth. Now fortified by these new investments, we charge forward with renewed determination in 2024! 💪
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📖 Read and sign up ✍🏼 LINK IN BIO

The Winter of Venture Capital⠀⠀⠀⠀⠀⠀⠀⠀⠀As we look back on 2023, there’s a prevailing sentiment that we find ourselves in ...
03/05/2024

The Winter of Venture Capital
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As we look back on 2023, there’s a prevailing sentiment that we find ourselves in the midst of the winter season of venture capital. The challenging market conditions of late have served as a rigorous test for the resilience and adaptability of entrepreneurs and investors alike. This period has prompted a significant reshaping of strategies and instilled a renewed emphasis on sustainable growth and innovation within the industry.
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Join us as we dive deeper into our reflections on 2023, celebrating our accomplishments and insights to propel us forward with even greater strength and determination.

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Will Apple’s Vision Pro do to the extended reality category what Apple’s iPhone did to smartphones? The Vision Pro’s lau...
03/01/2024

Will Apple’s Vision Pro do to the extended reality category what Apple’s iPhone did to smartphones? The Vision Pro’s launch and its sell-out in a mere 18 minutes are a testament to the market’s eagerness to step into new dimensions of digital experiences. With competitors such as Google, Meta, Sony, and Microsoft in the VR headset market, Apple aims to redefine the landscape by pushing the boundaries of the use cases for the device, which may become a catalyst for an industry-wide revolution.
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Vision Pro transcends being a mere product; it stands as a pivotal platform, intrinsic to Apple’s prospective expansion in extended reality, elevating its existing product ecosystem. Apple’s emphasis on designing products for widespread adoption set it apart from the competition’s priority of being fast and first. The market entry of such a company, boasting a unified product portfolio, an expansive user base, and unrivalled brand trust, carries substantial weight. The repercussions will include technologists intensifying their efforts, markets responding dynamically, investors regaining confidence, and strategic acquisitions coming to fruition. It serves as a resounding signal of confidence, igniting a renewed surge of innovation in the extended reality industry.
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Notably, the extended reality industry is projected to grow from $40.1 billion in 2023 to $111.5 billion in 2028, at a CAGR

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Disney Reboots ‘Metaverse’ Ambitions -  invested $1.5 billion in  in a corporate minority round at a valuation of $22.5 ...
02/26/2024

Disney Reboots ‘Metaverse’ Ambitions - invested $1.5 billion in in a corporate minority round at a valuation of $22.5 billion. The two companies aim to design an entertainment universe that offers games involving Disney characters and ’s social gaming expertise. While Disney did not use the term ‘Metaverse’ in the announcement, the move widely being regarded as the company’s another attempt into metaverse.
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Have you seen our latest edition of Venture Bytes? We are on volume 104‼️⠀⠀⠀⠀⠀⠀⠀⠀⠀Venture Bytes is a monthly insight rep...
02/21/2024

Have you seen our latest edition of Venture Bytes? We are on volume 104‼️
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Venture Bytes is a monthly insight report from Manhattan Venture Research. As with all our Venture Bytes, this edition has two lead articles in addition to our takes on topical news items, selected funding rounds, and exits. The report rounds out with selected private and public valuations, and a Liquidity Watchlist, which is a proprietary list of top 25 promising private companies in the TMT space that are candidates for a liquidity event – either an IPO or a merger - within the next 12 to 18 months.
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The two lead articles in this edition are on the growing importance of LLM orchestrators in the Generative AI space and on the Extended Reality Space, which got a much-needed boost with Apple’s launch of Vision Pro, respectively. Generative AI has become a competitive and operational imperative for businesses, but companies struggle with scale, production, and expertise. Addressing these challenges and improving AI workflows requires combining several AI models, algorithms, and tools into a single framework. Orchestration startups span a broad spectrum, offering services from model refinement to application rollout and computational acceleration. Additionally, LLM orchestration start-ups help businesses by selecting optimal models, fine-tuning, unifying various LLMs into integrated services, and deploying applications in a cost-efficient manner. Key start-ups include Anyscale, Run.ai, and Pinecone.
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    ⠀⠀⠀⠀⠀⠀⠀⠀⠀Climeworks, a climate technology startup, operates the world’s first and largest direct air capture and sto...
02/12/2024


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Climeworks, a climate technology startup, operates the world’s first and largest direct air capture and storage facility. Contracts with Microsoft, BCG, Swiss Re, Shopify, UBS, Stripe, Zendesk, JP Morgan Chase & Co, and Accenture serve as a resounding endorsement of the platform’s credibility. The startup is well-positioned to benefit from the Net Zero goals of governments across the globe.
As with all our Quick Take reports, we highlight the core thesis, key differentiation, and market opportunity for each company, along with the potential investment risks. Additionally, we provide the revenue multiples of selected public companies in and around the space, unadjusted for growth and risk, to give a sense of the unadjusted valuation trajectory of the three companies.

Beta Technologies, an electric vertical take-off and landing (eVTOL) and electric conventional take-off and landing (eCT...
02/09/2024

Beta Technologies, an electric vertical take-off and landing (eVTOL) and electric conventional take-off and landing (eCTOL) aircraft manufacturer is closing in on commercialization with a focus on critical cargo, military, and medical missions. Strong order book with contracts from Bristow Group, UPS, Blade Air Mobility, LCI, Air New Zealand, US Air Force, and the US Army, cement the credibility of the business model.

Check out our latest publication of Quick Take reports. In this batch we provide an overview of the following three comp...
02/06/2024

Check out our latest publication of Quick Take reports. In this batch we provide an overview of the following three companies:
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Runway, a generative AI platform focused on multimedia creation and editing, is positioned to disrupt various markets including VFX, animation, and video editing, among others. A proven market fit exemplified by customer testimonials boasting significant cost and time saving underscores the credibility of the business model. The startup is the most well-funded AI-powered multimedia creation and editing platform.
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As with all our Quick Take reports, we highlight the core thesis, key differentiation, and market opportunity for each company, along with the potential investment risks. Additionally, we provide the revenue multiples of selected public companies in and around the space, unadjusted for growth and risk, to give a sense of the unadjusted valuation trajectory of the three companies.

AI has a hand in it all! As the EV adoption accelerates, the demand for critical battery minerals such as lithium, nicke...
01/31/2024

AI has a hand in it all!

As the EV adoption accelerates, the demand for critical battery minerals such as lithium, nickel, and cobalt is soaring. EVs could constitute 56% of US passenger vehicle sales by 2030, per estimates from energy organization RMI. This growth brings to the fore a critical challenge: meeting the escalating demand for key battery minerals.
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The demand for these minerals is growing at an unprecedented rate. For instance, to meet the 2030 EV demand, lithium production must quadruple from 490,000 tons in 2021 to 2 million tons, per EY.
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Without additional mining development, the lithium market could face a deficit of 700,000 tons by 2030. The copper market, similarly, is projected to experience a deficit of nearly 4.7 million tons by 2030.

Data from RMI and Kobold Metals also suggests a shortfall between the expected demand and the available supply of key battery materials. KoBold Metals estimates that the industry needs to discover more than
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$12 trillion worth of new critical mineral deposits to stop catastrophic climate change.

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