At Tekedia Capital, we recently celebrated our first official unicorn. We invested in this company at launch in Q4 2024, and just last week, it raised an additional $160 million, crossing the billion-dollar valuation mark.
Within this quarter, we expect another unicorn milestone as one of our portfolio companies completes its latest fundraising. This one is particularly remarkable; we invested at a $5 million valuation, and it is now worth $1 billion with minimal dilution.
Good People, there is abundance in the future. Beginning Monday, as the next Tekedia Capital cycle opens, we will be deploying capital into 18 global startups.
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