{"id":325725,"date":"2025-12-01T08:34:13","date_gmt":"2025-12-01T08:34:13","guid":{"rendered":"https:\/\/peraltafinancing.com\/angel-investor\/travis-todd-building-deep-tech-companies\/"},"modified":"2025-12-01T08:34:13","modified_gmt":"2025-12-01T08:34:13","slug":"travis-todd-building-deep-tech-companies","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=325725","title":{"rendered":"Travis Todd: Building Deep Tech Companies"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-id=\"5a02da1\" data-element_type=\"widget\" data-widget_type=\"theme-post-content.default\">\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Travis Todd Co-Founded <\/span><a href=\"https:\/\/www.siliconallee.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Silicon Allee<\/span><\/a><span style=\"font-weight: 400;\"> in 2011 to support international early-stage entrepreneurs in Berlin. They\u2019ve expanded this mission with <\/span><a href=\"https:\/\/www.hhi.fraunhofer.de\/en.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Fraunhofer Heinrich Hertz Institute HHI<\/span><\/a><span style=\"font-weight: 400;\"> to transition technology out of research and academia into the startup sector in a better way. Find out why he\u2019s giving his time, money, and opinions to Berlin\u2019s most impactful early-stage entrepreneurs, and check out what it is about deep tech companies that particularly attracts him.<\/span><\/p>\n<p style=\"text-align: justify;\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-6627\" src=\"https:\/\/blog.leapfunder.com\/wp-content\/uploads\/2024\/10\/Travis-Todd-Building-Deep-Tech-Companies-.png\" alt=\"A man in a white shirt posing for a photo\" width=\"970\" height=\"500\" srcset=\"https:\/\/blog.leapfunder.com\/wp-content\/uploads\/2024\/10\/Travis-Todd-Building-Deep-Tech-Companies-.png 970w, https:\/\/blog.leapfunder.com\/wp-content\/uploads\/2024\/10\/Travis-Todd-Building-Deep-Tech-Companies--300x155.png 300w, https:\/\/blog.leapfunder.com\/wp-content\/uploads\/2024\/10\/Travis-Todd-Building-Deep-Tech-Companies--768x396.png 768w, https:\/\/blog.leapfunder.com\/wp-content\/uploads\/2024\/10\/Travis-Todd-Building-Deep-Tech-Companies--610x314.png 610w\" sizes=\"(max-width: 970px) 100vw, 970px\"\/><br \/><b>1. Hi Travis, thank you very much for agreeing to do the interview. Tell us about your background and connection to the startup world.<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">I\u2019m from the US and I studied graphic design in university. But I\u2019ve been coding since 1994 when my family got their first dial-up modem, so I was always a designer with a development background. I worked in advertising for a little while after university and started my first startup in 2007 when I moved to Berlin.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Since then, I founded a few other companies, so I\u2019ve been through the entrepreneurial cycle, and for the past seven years, I\u2019ve been trying to give back to the ecosystem. My biggest accomplishment has been Co-Founding <\/span><a href=\"https:\/\/www.siliconallee.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Silicon Allee<\/span><\/a><span style=\"font-weight: 400;\"> in 2011. It started as an organization that supports international entrepreneurs in Berlin and has grown to become my full-time job.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>2. Besides Co-Founding <\/b><a href=\"https:\/\/www.siliconallee.com\/\" target=\"_blank\" rel=\"noopener\"><b>Silicon Allee<\/b><\/a><b>, you\u2019re the Venture Architect at <\/b><a href=\"https:\/\/www.hhi.fraunhofer.de\/en.html\" target=\"_blank\" rel=\"noopener\"><b>Fraunhofer Heinrich Hertz Institute HHI<\/b><\/a><b> and an Investor. Could you tell us about your mission?<\/b><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.siliconallee.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Silicon Allee\u2019s<\/span><\/a><span style=\"font-weight: 400;\"> mission has always been to support international early-stage entrepreneurs in Berlin in a variety of ways. We ran an incubator called Berlin Founders Fund for about four years and had great success incubating 35 companies; with 65 founders (50-50 male-female split, and about 15% minority founders).<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Since last summer, we\u2019ve expanded this mission with <\/span><a href=\"https:\/\/www.hhi.fraunhofer.de\/en.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Fraunhofer Heinrich Hertz Institute HHI<\/span><\/a><span style=\"font-weight: 400;\"> because involving academia was the last nut to crack. The goal is to transition technology out of research and academia into the startup sector in a better way. We were lucky enough to find a partner like <\/span><a href=\"https:\/\/www.hhi.fraunhofer.de\/en.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Fraunhofer Heinrich Hertz Institute HHI<\/span><\/a><span style=\"font-weight: 400;\"> which is one of the most well-funded out of the 76 Fraunhofer Institutes and has very innovative management that supports our mission to create more startups out of academic research.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>3. What is it about deep tech startups that particularly attracts you?<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Deep tech is where the real innovation happens. These are the businesses the future will be built upon. They\u2019re the backbone and the infrastructure of the future and the sci-fi nerd in me loves this stuff.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Due to geopolitical reasons, Europe wants more control over its supply chains and technology resources \u2013 it wants to be a bit more independent from China and the US \u2013 hence the increased need for deep tech companies.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>4. After years of working with early-stage entrepreneurs, which advice would you share with founders reading this interview?<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Founders are often hesitant to get out and talk to people about their ideas. The best thing you can do as an early-stage entrepreneur is to get out there and pitch your idea to as many people as possible. That\u2019s how you increase the possibility of someone getting excited about your idea and joining the ride. Even if you haven\u2019t written one line of code yet, the best thing you can do is get out there and talk to people about your passion.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The next advice is to talk to customers early on. Get feedback as soon as possible. A lot of time, technical Co-Founders just keep developing feature after feature because they think the next feature will be the one that helps them make it. Talk to customers early on and figure out what features are most important to them instead of developing more without customer feedback.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Lastly, the most important advice I give early-stage founders about funding is to try and do their homework and understand how VC funds are built, managed, and run. They should understand the VC industry like they understand their industry. A lot of founders think all investors are the same. And they waste a lot of time talking to investors who won\u2019t invest in their company. Investors are savvy, they\u2019re going to take all the meetings they can because they don\u2019t want to miss out on anything. So before you even take the first meeting, ask the investors bluntly about when they closed their fund, how much it was, and whether they\u2019re investing at the moment.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>5. What do you predict for the startup ecosystem in Berlin?\u200b What are the challenges and the opportunities the ecosystem is facing?<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Berlin is a semi-mature ecosystem. There are a lot more professional services and infrastructure than before. In my opinion, it\u2019s just as active as before the pandemic and the financial situation that has disrupted all ecosystems worldwide over the last couple of years. There will always be opportunities in the Berlin tech sector.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The current challenge for Berlin as an ecosystem is that it\u2019s getting expensive. Its major selling point was the cheap rents and now it\u2019s the most expensive city in Germany. So if we\u2019re losing soft factors such as quality of life and cost of living, the ease of doing business needs to improve. And doing business in Germany is not easy, whether it\u2019s setting up companies, shutting them down, or managing them. The government is aware of all these problems and is working on them so that\u2019s a first step in taking the ecosystem to the next level.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Currently, there\u2019s this huge push for deep tech. Throughout next year, we\u2019ll see if Berlin can develop deep tech companies. I\u2019m hoping that as the financial markets stabilize after the inflation we\u2019ll start seeing more exits. I\u2019d love to see more companies from Berlin with a unicorn status that can start giving back to the ecosystem.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Thank you very much for sharing your story and views with us. We wish you the best of luck in your future endeavors.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Join our network of startups &amp; investors!<\/span><\/p>\n<p><span class=\"et_bloom_bottom_trigger\"\/>\t\t\t\t<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Travis Todd Co-Founded Silicon Allee in 2011 to support international early-stage entrepreneurs in Berlin. They\u2019ve expanded this mission with Fraunhofer Heinrich Hertz Institute HHI to transition technology out of research and academia into the startup sector in a better way. Find out why he\u2019s giving his time, money, and opinions to Berlin\u2019s most impactful early-stage [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":325726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12034],"tags":[10274,2539,11269,1636,152532,152533,9891,13177,152317,14901,5107,21056,25048,152320],"dealstore":[],"offerexpiration":[],"class_list":["post-325725","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-angel-investor","tag-berlin","tag-building","tag-companies","tag-deep","tag-early-stage-entrepreneurs","tag-fraunhofer-heinrich-hertz-institute-hhi","tag-germany","tag-investor","tag-silicon-allee","tag-startups","tag-tech","tag-todd","tag-travis","tag-travis-todd"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Travis Todd: Building Deep Tech Companies - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=325725\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Travis Todd: Building Deep Tech Companies - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Travis Todd Co-Founded Silicon Allee in 2011 to support international early-stage entrepreneurs in Berlin. 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