Republic Note
Investor update
May 2024

Dear Note Investors,

Summer is here and we have lots to share! In today’s update, we are celebrating a major new deal on Republic with exclusive perks for Note holders, introducing a new Note holder benefit, sharing our first VC Files recording, and more.

Let's dive in.

Missed the last update? We launched VC Files and shared Q1 2024 portfolio update. Check it out here: April update.

As our monthly updates have grown increasingly large, we’re changing the format up — we will be sharing smaller updates, more frequently.

Breaking
Own a piece of a major English football club on Republic

In the news today: major English football club Watford FC launches a global community raise in one of the highest-profile tokenized equity campaigns ever.

“We have decided to take the exciting and innovative step of becoming the first major English club to offer true ownership through digital equity”

Watford made nearly $150 million in profits on player transfers over the last four seasons, and are gearing up for another push for promotion to the Premier League, the top flight of English football.

This news took over the sports media today:

Watford FC Looks to Sell 10% of Club by Offering Stake to Fans

Watford to sell 10% of club to fans and investors

Watford offer shares to fans in bid to raise funds for transfers

Watford become first club to sell shares to fans via digital equity

English Soccer Club Watford FC to Offer 10% Digital Equity Through Investment Platform Seedrs

Watford put 10 per cent of club for sale, hoping to raise £17.5m

The Watford campaign marks a milestone for mass adoption of digital assets and community fundraising.

View Watford

new Note-holder benefit

Introducing Offers
Deals from our partners, only for Note holders

We’re excited to launch Offers—special deals for Republic Note holders, sourced from our portfolio companies and partners.

From now on, simply by holding the Republic Note, you can enjoy exclusive discounts and deals from our partners, not available to the general public.

We’re kicking things off with 16 live offers from Juna, Nickelytics, Drop Delivery, Minna, Beacons.ai and others. More is on the way, and we plan to keep the offer list constantly updated.

View Offers

Not a holder yet? Buy Note to get access

Note-holder benefit

First VC Files recap
with Sophie Liao

The inaugural VC Files, featuring Sophie Liao of Oyster Ventures is a wrap.

Investors in the audience got to hear the real stories behind Sophie’s best deals, how she managed to exit her startup in 6 months, her tools and processes, and other insights straight from the VC life. With 300+ registrants and dozens of live questions it was an energizing and exciting event.

The redacted recording of the event is now available to Note holders — link in your inboxes.

Access recording with link sent via email

Founder Files:
Yes or No?

Given the strong interest in VC Files, we're considering a similar series featuring founders. Republic has 1000s of notable founders and operators in our network who can share the unfiltered realities of running and scaling a startup.

Many of these entrepreneurs also invest, providing insights from both sides of the table.

Would you be interested in getting to know these founders, in addition to investors?

Learn about their successes, failures, personal rules, and their dos and don'ts?

Let us know in the comments below.

Would you tune in?

Events
NY Tech Week

This week, join us at the Republic HQ in NYC for events bringing together a curated group of founders and investors.

priority access for Note-holders

While everyone is welcome to RSVP, all events are at capacity and priority access will be granted to Note holders. Please ensure you use the access code provided in the email. Additionally, attending Note holders will receive a souvenir from us.

Thu, June 6, 6PM

The Deals Must Flow:  Hot takes for beginner investors on finding quality deal flow and picking winners

The panel will feature VC pros with proven track record, has backed unicorns such as Instacart, PandaDoc, People.ai, Airbyte, and Jeeves.

Access code sent to holders via email

RSVP with access code

Mon, June 10, 5:00PM

Web3 Streaming and RWAs

A networking session and panel discussion and networking session featuring key partners from Factor6 Capital and Republic.

Access code sent to holders via email

RSVP with access code

Portfolio
Updates

Markets EQ, the first to fuse voice tones with language in a generative AI platform for corporate communications, announces its strategic purchase of Helios Life Enterprises, a Republic portfolio company since their 2022 raise on the US portal. The details of the deal are not yet disclosed.

Revero is an online medical clinic for treating chronic disease with a root-cause approach. The platform is now live with the first 25 patients in Texas and Florida, and expanding quickly.

Co-Founder and Chief Medical Officer at Revero, Dr. Shawn Baker’s appearance on Joe Rogan created an influx of interest from investors who reached out to invest in their research.

The waitlist to join has already reached 10,000 patients.

National Geographic has significant global presence and influence with its reach extending to 433 million households in 171 countries and 45 languages. It has maintained its integrity and relevance for over 130 years, being respected and trusted globally.

A partnership with this renowned brand will bring The Bucket List Studios’ content to an even wider audience, growing their reputation and brand.

The Maxar-1 mission carries two high-resolution imaging satellites for Maxar Intelligence, the U.S. government’s primary provider of commercial electro-optical imagery. These are the first two of a planned six-satellite WorldView Legion fleet.

Klarna boosts the Milkywire Climate Transformation Fund with an additional $2M, announcing a 25% reduction in their GHG emissions.

They have also announced a new partnership with DFB, the German Football Association.

Axiom Space partners with Virgin Galactic to send Axiom Mission 3 (Ax-3) backup and Turkish Space Agency (TUA) astronaut Tuva Atasever on a suborbital flight to conduct microgravity research.

Hawaiian Bros opens a new location in Texas.

Their Island Grill dish has secured the No. 26 spot on the 2024 Fast Casual Top 100 Movers and Shakers list, up from their No. 66 ranking in 2023.

Kraken announced a new strategic partnership with DLT Finance, a digital asset custodian that provides localized expertise and infrastructure to serve millions of Germans with secure and compliant crypto services.

This opens up opportunities for brands looking to create data-driven campaigns for their VR audiences.

The family location-sharing app Life360 announced its intention to have Hubble become the exclusive consumer application of its satellite Bluetooth technology.

Kibo was named a leader in two IDC MarketScape reports:

the IDC MarketScape: Worldwide Order Orchestration and Fulfillment Applications for Retail 2023 Vendor Assessment
the IDC MarketScape: Worldwide B2C Digital Commerce Platforms for Midmarket Growth 2024 Vendor Assessment.

This is their 4th product win in just 15 months

Republic
Business updates

Female Invest is a fast growing investment collective that has now over 9,000 investors participating in their pre-reg making it R/Europe’s top 3 campaigns with the highest number of signups.

It was recently featured on the front page of City A.M. — one of the UK’s largest financial news publications that is physically picked up by 70,000 investment markets.

We’re looking forward to it breaking more records soon.

cityam.com

Learn more

That’s all for May.

Hope to see some of you this and next week during Tech Week in our NYC HQ!

In the comments below, please let us know what you think about the Founder Files idea, the new perks, the first VC Files event, and anything else on your mind.

PREVIOUS MONTHLY UPDATES

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Investor Update
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