Outlier Ventures is particularly interested in projects that fit our vision of the future web: The Convergence Stack. Spanning hardware, software, networking and applications, the stack underpins a private, secure, and accessible digital infrastructure.
in 3 days
Outlier Ventures is looking for driven, humble, empathetic and passionate founders who want to build a more equitable data economy. You will likely be a small team with both technical and business expertise. You may have raised a small amount of money before, and are looking for your next step to accelerate your proposition, and get it in front of customers and the wider industry.
We are particularly interested in projects that fit our vision of the future web: The Convergence Stack. Spanning hardware, software, networking and applications, the stack underpins a private, secure, and accessible digital infrastructure. We believe these technologies are vital in ensuring the benefits of technologies like the IoT and AI are shared equitably beyond just a few platform monopolies. We see the opportunity of the Convergence Stack to decentralise these platforms and unbundle cloud services.
We are particularly interested in opportunities in the following industry vertical segments:
Machine to Machine
The web is moving from one designed for human information sharing to an operating system to support the machine economy. We are interested in concepts addressing automation and the “industrial internet/Industry 4.0”, and in particular how decentralized software can enable new forms of economic activity. For instance: smart cities, manufacturing, energy services, the smart home, and the automated sharing economy.
FinTech & DeFi
Much of the innovation in financial services is occurring in the new “open data” paradigm through open banking, we see decentralised finance (Defi) as a promising sandbox for future routes to market and experimentation. Teams developing businesses and networks to connect the decentralised finance and the existing financial infrastructure are of particular interest.
Transport and Logistics
After being in stasis for decades, the transport and logistics industry is in flux. Players are trying to figure out the right position in the value chain as a new and integrated mobility value ecosystem emerges, bringing modes of public, private and commercial transport together. Decentralised software can be valuable in the complex and global logistics supply chain offering provenance, tracking and more efficient resource utilisation across the market.
Today the paradigm for proving your identity relies on the sharing of paper documents in an unsecure way. Companies also take on risk in having to manage and maintain securely personally identifiable information. Far from “data being the new oil” it may be that data is more like uranium. We are interested in supporting founders working on helping users take back control of their identity, reputation and data and how this relates to the existing regulation around KYC/AML as well as improving tax and audit functionality.
Telecommunications networks are heavily reliant on a highly concentrated market stucture that favours incumbants. Software-defined networking (SDN) and network function virtualization (NFV) are making networks more flexible and configurable but the roll-out has been limited because of the market structure. We want to support teams working in the open-source hardware (OSH) and software (OSS) space bringing decentralized software, privacy-guarantees and strong cryptographically to telco networks networks.
The core to the terms are very simple. We will provide you with €40,000 in immediate investment, plus office space, back-office and admin support, a product development program and access to the industry’s best mentors and ecosystem. In exchange for this we ask for 6% of equity, and 6% of any future token supply, and the option to be the first money in to any subsequent fundraising round.
deadline for Base Camp Berlin: March 31, 2020
Illustration Photo: Net Futures 2016. The conference is centered on how social innovation offers civil society and grass-root communities real measurable benefits, given the right business models and the support of shared data platforms. (credits: Fundación Cibervoluntarios / Flickr Creative Commons Attribution-NonCommercial-NoDerivs 2.0 Generic (CC BY-NC-ND 2.0))