These Startups May Become the Next Expedia or PayPal

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Are you someone who likes to invest in technology-stock IPOs or in tech stocks shortly after their IPOs? If so, you might take a look at CoworkingCafe’s list of the top 10 tech startups.

 CoworkingCafe is an online browsing and booking site for coworking spaces.

The list includes the companies that started this year and have garnered the most preseed and seed investments. 

But be careful: Six of the companies focus on cryptocurrencies. And that volatile industry has proved to provide plenty of opportunities for enormous losses, as you know.

In any case, preseed is “the earliest stage of funding, focusing on early-stage product development,” the report said. “It prepares the company to maximize its future fundraising potential by assembling a core team and building and testing a product”

Investors “provide the necessary capital to get the startup running, in exchange for equity,” the report said.

Meanwhile, “companies in the seed-funding stage are expected to have proven product viability, a validated value proposition, as well as a certain degree of traction in the market,” the report said.

“Seed funding is the first official round of formal investing that follows preseed funding but precedes funding Series A, B and C.”

The Top 5 Companies for Preseed Investments

Iluma. Industry: cryptocurrency, software, webOS. Total funding: $5.5 million. The company “promises to create autonomous solutions to onboard, manage, support and engage decentralized autonomous organizations,” CoworkingCafé said in its report. That’s “a new, blockchain-based iteration of the [Internet].”

Fun. Industry: blockchain, web development. Total funding: $3.9 million. Fun hopes to leverage new blockchain technology to build cross-chained wallet infrastructure. Its lead investor is JAM Fund, a venture capital firm known for backing companies with vision and an ambition to disrupt, the report said.

Airstack. Industry: blockchain, developer [application programing…

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