Q2 2024 Portfolio Update
We're excited to share the latest updates on the Republic Note portfolio for Q2 2024. In this report, you'll find insights into portfolio asset growth and, for the first time, portfolio insights from Republic's other business arms, including Republic Europe and Republic Ventures.
Portal + Capital portfolio
Q2 2024
Total assets
773 +9 |
Total companies
626 +5
|
Total invested
$732,100,326 |
Q2 Highlights
All asset additions in Q2
portfolio company | Industry & Division | Amount |
---|---|---|
Ampere | $392,571 |
|
KarbonPlay | $63,764 |
|
Lookhu | $57,750 |
|
Mirrorscape | $141,630 |
|
MySlabs | $56,702 |
|
Oonee | $146,519 |
|
Personal AI | $1,694,074 |
|
QuickLoadz | $147,982 |
|
Skybound | $688,103 |
|
SorbiForce | $340,737 |
|
Steeped Coffee | $1,645,098 |
|
Sugar Wood | $50,850 |
|
TIBU Health | $66,577 |
|
Trust Exchange | $52,850 |
|
Truth Arts | $1,905,700 |
|
USP (US Property Coin) | $59,020 |
|
ZeroNox | $183,632 |
Asset deductions
Q2 2024
Liquidation (profit)
1
An exit where we sell our stake for cash, generating a profit for investors. |
Write-Off (R/Portal)
5
Marking an asset as a loss, typically because it has become uncollectible, expired, or has lost its value. |
Write-Off (R/Capital)
4
Marking an asset as a loss because it has become uncollectible, expired, or has lost its value. |
Dividend pool
Q3 2024
Dividend pool
$1,600,000+
|
Growth since the last update
+60%
|
80% towards the first distribution
|
Although the significant spike in the dividend pool occurred in Q3, we felt it was essential to include it in this update. In August 2024, we surpassed both the $1 million and $1.5 million milestones, reflecting over 60% growth in Q3 alone. This progress brings us 80% towards the $2 million threshold, which will trigger our first dividend distribution.
See Dividend pool update post for more details on the latest additions to Note’s pool.
Republic’s Global portfolio
Until now, Note portfolio updates have focused primarily on the Republic Portal and Republic Capital portfolios. However, Note is at the core of the entire Republic ecosystem—a synergistic group of investment companies, each operating under a different model.
Typically, we hold upside of every deal going through Republic. While the Republic Note portfolio has been primarily fueled by Republic Portal and Republic Capital, other business arms may contribute on a case-by-case basis.
Starting today, we’ll be including more data on deals from other parts of our ecosystem, such as:
- Republic Ventures (prev. Deal Room): an advisory service that helps businesses adopt blockchain-powered strategies.
- Republic Europe (prev. Seedrs): a UK-based investment platform serving the European capital market.
Republic Ventures portfolio
Q2 2024
Total assets
67 +3 |
Total companies
66 +3 |
Total invested
$20,908,835 |
Highlights in Q2
Republic Europe portfolio
Q2 2024
Total assets
157 +22 |
Total companies
152 +21
|
Total raised (since Sep 1, 2023)
£28,482,410 |
Highlights in Q2
Q2 Asset additions
A-dam | £204,831 |
|
Beans Coffee Club | £38,654 |
|
Candam Technologies | £156,812 |
|
ClearWatt | £191,605 |
|
crua outdoors | £191,605 |
|
ETHOSA | £130,307 |
|
Female Invest | £883,780 |
|
Hidramed Solutions | £80,142 |
|
Hiyacar | £8,757 |
|
Logicdialog | £175,057 |
|
Mirror Margarita | $137,898 |
|
Much Better Adventures | £186,654 |
|
OGGS | £205,241 |
|
Reality Games | £716,951 |
|
savvy navvy | £1,197,149 |
|
Speakspots | £176,433 |
|
Spirits of Virtue | £79,199 |
|
Stir Cambridge | £181,760 |
|
Superbutler | £123,697 |
|
Truffle Guys | £115,290 |
|
Wavepiston | £277,633 |
|
Whitby Distillery | £637,586 |