DBH SeedStar and AltEx Group signed a Memorandum of Understanding (MoU) in 2015 January. The areas of collaboration include deal sourcing, market validation, financing and event organization services for startups.
The areas of collaboration include that companies that graduate the incubation at DBH SeedStar might qualify for private placement program via AltEx platform. AltEx Group will participate in the incubation phase of the companies in the DBH SeedStar programs with a view of providing market feedback, validation and prospective investor interest.
AltEx will also provide fundraising for suitable companies in the DBH SeedStar programs. The private placement services via AltEx platform may serve as a new capital raising, an exit venue for earlier investors or a liquidity channel for existing stakeholders.
AltEx Group is an exchange-regulated listing board that offers access to capital with streamlined listing requirements and execution and provides market infrastructure for direct transaction execution. AltEx market certifies the quality of transactions, provides objective valuation, safeguards information, and assures orderly execution. AltEx lowers costs by eliminating intermediaries and eliminating duplicities in screening and information production. In a centralized exchange both investors and sellers can achieve better outcomes.