How Iranian startups have raised international capital
A number of domestic startups have won the attention of foreign investors with innovative products. A look at how they did it.
Several domestic teams have raised foreign capital in recent years. Their routes share a pattern worth repeating.
The common pattern
- A product designed from day one for a market beyond the border
- A legal structure abroad, established before negotiations started
- Real foreign-currency revenue, however small, before the first meeting
The important detail is that none of them did any of this after deciding to raise. All of it had started months earlier.
The hardest part
Moving money and reporting finances. The teams that solved it early had the shorter negotiation.
