Battery Ventures Monthly Digest: April 2024

We closed out the first quarter of 2024 doing what we do best: building quality relationships across the technology industry, from an intimate dinner hosted by our consumer team in San Francisco with 20+ marketplace leaders to a happy hour in Tel Aviv for early-stage CTOs, R&D managers, tech leads and other executives and developers, and beyond. Check out some of our other highlights from March below!

At Battery, our team — including our investors and operations team, as well as our portfolio companies, founders and management teams — is everything. We are thrilled to announce the well-deserved promotions of Matt Penney to partner, IT; Aaron Neil to vice president; and Luis-Luca de Haas to Associate!

AI, so hot right now! Our General Partner Dharmesh Thakker sat down with Crunchbase’s Gené Teare to discuss Battery’s approach to AI investment and the technology’s transformative potential across industries.

Our General Partner Morad Elhafed spoke with PE Hub Europe's Craig McGlashan to discuss our recent investment in AdaCore*, a provider of software-development tools for safety and security-critical systems.

With software budgets starting to bounce back, less downward pressure on seat retention and a future re-opening of the IPO window, Neeraj Agrawal, Brandon Gleklen and Jack Mattei expect to see software companies re-evaluating their approach to growth vs. profitability, as they explain in a recent Condensing the Cloud Substack post.

We’re taking Europe by storm! We released an update on what our industrial tech and life-science tools (ITLST) practice has accomplished in Europe over the past five years, with deals in Germany, the United Kingdom, Netherlands, Scotland, Denmark and Belgium. Check out the animated video below to learn more.

Vice President Michael Hoeksema and Christina Ross, CEO of our portfolio company Cube*, co-hosted an AWS Startups CFO Fellowship webinar. Check out a clip from the closed-door session below.

Battery portfolio companies are hiring for remote and in-person positions, including sales, engineering, HR, marketing and more.

* Denotes a Battery portfolio company. For a full list of all Battery investments, please click here.

This material is provided for informational purposes, and it is not, and may not be relied on in any manner as, legal, tax or investment advice or as an offer to sell or a solicitation of an offer to buy an interest in any fund or investment vehicle managed by Battery Ventures or any other Battery entity. Content obtained from third-party sources, although believed to be reliable, has not been independently verified as to its accuracy or completeness and cannot be guaranteed. Battery Ventures has no obligation to update, modify or amend the content of this post nor notify its readers in the event that any information, opinion, projection, forecast or estimate included, changes or subsequently becomes inaccurate.