PATAVIUM Restart
Has your startup stalled? Talk to us before you close it.
We relaunch startups that got stuck after their first round and pick up projects founders left behind. We join as an operating partner, with a team working on product, customers and capital, in exchange for an agreed stake.
Two situations where we can help
Things don't need to be all bad. There needs to be something of value left to restart from.
Startup stalled after its first round
You raised, you built, but growth didn't come and cash is running out. The team is tired and investors are asking what to do.
- Product or technology that works, but no traction
- Runway under 6 months, or already gone
- Founders who want to step back or leave
- Investors who prefer a relaunch to a shutdown
Abandoned idea or project
The project stopped because the founders moved on, but something good is still there: code, a patent, a prototype, first customers, a real market.
- University spin-offs or teams that broke up
- Ready code or prototypes with nobody taking them to market
- An incorporated, dormant company with valid IP or contracts
- Founders looking for someone to carry the idea forward
Do any of these sound familiar?
These are the things founders of stalled startups tell us most often.
- "We spent the pre-seed money and the next round isn't coming."
- "My cofounder left and I can't carry it on my own."
- "The product is there, but we never found the right sales channel."
- "Our investors are asking whether to shut down or try another way."
- "I have an idea with a prototype that has been sitting for a year."
How it works
A short path to understand whether a restart is possible, then an operating plan with clear goals and timing.
Confidential first call
30 minutes
Tell us what happened, what is left and what you want. Everything stays confidential.
→ A first opinion: worth looking deeper or not
Assessment
About 2 weeks
We look at product, technology, market, cap table, debts, contracts and IP, and talk with founders and, if needed, investors.
→ A written assessment, at no cost to you
Relaunch proposal
1 week
If we see a way, we propose a plan: what changes, who does it, which results in 6 and 12 months, and what stake we ask for our work and resources.
→ A plan and an agreement to review with your advisors
Restart
6 months and more
We join as an operating partner: product, technology and security, sales, next round. Founders can stay in the role they prefer or hand over.
→ A startup moving again, with a plan towards the next round
What we bring
An operating team
Not outside consultants: people working inside the startup on product, technology, security and sales.
A path back to capital
We put numbers, cap table and story back in order and prepare the next round with the right investors.
An orderly exit when needed
If the way forward is different, asset sale, acqui-hire or closure, we say so frankly and help you do it well.
An investor with a stalled startup in your portfolio?
Many angels and networks hold stakes in startups that no longer grow but still have value. We can assess them with you and the founders and propose a relaunch before a shutdown wipes everything out.
Frequently asked questions
How much does the assessment cost?
Nothing. The first call and the assessment are on us. If we propose a relaunch, our work is paid with an agreed stake in the company, case by case.
Is it confidential?
Yes. What you tell us stays with us, and if needed we sign an NDA before looking at documents.
What if the startup has debts?
We look at them in the assessment. If the situation calls for formal restructuring procedures, we tell you and refer you to specialised professionals: it is not something we do alone.
Do the founders have to leave?
No. They can stay in the role they want, reduce it or hand over. We decide together what the project needs.
What about current investors?
We involve them early. A relaunch is often better for them than a shutdown.
Do you only work in North-East Italy?
Our focus is North-East Italy, based in Padua, but we assess startups from all over Italy.
Tell us what happened
A 30-minute confidential call, no commitment. We will tell you frankly whether we see a way to restart.
What you write stays confidential: only we read it and we never share it without your consent. We reply within 2 working days.
Read: close, sell or restart →