The tech ecosystem is at the forefront of this transformation, and this report analyses the dynamics and opportunities this represents, exploring the technology sectors that can most help accelerate the climate transition and sustainable development agenda.

To access the report, please click here.

Guillaume Bonneton, Partner at GP Bullhound, comments: “It is becoming increasingly clear that impact investing and the backing of companies that are fuelling the sustainability agenda is the way forward and the market will only grow from here. The figures speak for themselves – capital is fast moving into sectors that will define our economic future and help accelerate the climate transition. At GP Bullhound we are convinced that the tech ecosystem will play a major part in making our planet greener, fairer, and safer, and it’s imperative that we see the current investment trends continue.”

What is the impact of climate transition and sustainability on the tech sector? What are the key drivers? Are tech giants vying in the space? What is the impact on the attractivity and valuation of sustainable start-ups? The report features key expert views from Cameron Hepburn, Director of the Smith School of Enterprise and the Environment; Nathan Fabian, Chief Responsible Investment Officer at PRI; Pierre-François Thaler, Co-Founder and Co-CEO of EcoVadis; Anna Alex, Co-Founder & CCO of Planetly; Alexis Normand, Co-Founder and CEO of Greenly; and Thibaud Hug de Larauze, CEO of Back Market.

About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com

Alcohol e-commerce sales worldwide have grown immensely, and it is estimated that by 2024, they will exceed $40 billion. Vivino currently boasts a community of 50 million wine enthusiasts, who turn to the platform for its personalised recommendations, unbiased rating system, and expansive selection of wines from more than 700 marketplace partners worldwide.

The new capital will enable Vivino to improve its core technology and artificial intelligence platform to create better and more personalised recommendations for Vivino users. The company will also deepen its focus on select markets with the greatest potential for growth, including the US, Germany, the UK, Italy, and Portugal.

Heini Zachariassen, Vivino’s Founder and Chief Executive Officer, said: “This round has raised some important capital for our rapidly growing company and drawn some exceptional new leaders to our board. The funding will enable us to continue to build on our core strengths, expand industry partnerships drawing more merchants and wineries to our marketplace, and support our continued global growth.”

Joakim Dal, Partner at GP Bullhound, added: “GP Bullhound is proud to support Vivino in its next stage of growth. Heini and his team have created an extraordinary business and we believe that there are strong prospects for its continued global expansion.”

GP Bullhound invested through Fund V, following other recent investments including Elias, DuckDuckGo and MariaDB.

Enquiries
For enquiries, please contact:
Joakim Dal, Partner, at joakim.dal@gpbullhound.com

About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com.

Jonathan Cantwell, Partner at GP Bullhound, said: “In Q4 2020, the software market saw a significant uplift in investment and M&A activity. Public valuations for SaaS companies are at all-time highs, seeing 20x revenue on average. Several large M&A deals closed near year-end. As we head into 2021, with a hopeful end in sight to the pandemic, we expect the level of activity in SaaS to continue. While there were clear winners and losers in 2020 from a vertical perspective, the shift to digital across industries is apparent and here to stay.

For example, B2B meetings will continue on Zoom, communication will continue on Slack, signatures will continue on DocuSign, and exercise will continue on Peloton. This has in turn fuelled significant activity on the investment front, and on the heels of this, we expect M&A to continue to accelerate as software consolidators increasingly seek the best technologies to enhance existing offerings and differentiate with entirely new products.”

Enquiries
For any enquiries, please contact Jonathan Cantwell, Partner, at jonathan.cantwell@gpbullhound.com

About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com