Figuring out which types of companies or technologies to invest in can be a long and arduous task to take on. This is especially true when it comes to a larger investment company’s decision-making process.
Deutsche Bourse, a German exchange operator, set up a new FinTech venture fund dubbed DB1 Ventures to focus specifically on startups using blockchain and machine learning to revamp the financial market. The goal of this setup is to regulate its investment strategy in companies that enhance its tech and revenue footprint.
In 2016, Deutsche Bourse researched 250+ companies in which to invest and made the decision to move forward with just a select few. These investment opportunities included Digital Asset Holdings, figo, a joint project with the Naga Group to develop a marketplace for exchanging virtual gaming items and the first German growth fund for propelling B2B software companies forward called Digital Growth Fund I.