AUSTRALIA VC FUND 1 (AFOF1)
THIS FUND IS CLOSED FOR NEW INVESTMENTS
SYNOPSIS
OBJECTIVES
The Fund:
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provides eligible investors with unique access to a diversified portfolio of high growth-potential early stage investment opportunities;
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presents fund investors with a pre-screened and de-risked pipeline of later stage direct investment opportunities into startups with material traction and a relatively short path to exit;
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delivers investment returns that are exempt from Australian income and capital gains tax;
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achieves portfolio diversification away from traditional equity and fixed income investments; and
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supports entrepreneurs, job creation, innovation, new business ventures and economic growth in capital cities and regional Australia.
STRATEGY
The investment strategy of the Fund is to:
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gain exposure to a diversified portfolio of the highest quality early stage investment opportunities across Australia
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follow-on into the best opportunities emerging from the early-stage pipeline
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invest agnostically across all industry sectors, verticals and horizontals
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invest ~15% of FUM into seed stage deals, 35% angel and pre-Series A, and 50% into Series A and later stage growth opportunities.
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provide co-investment opportunities in pre-screened and de-risked later-stage deals to the fund's limited partners (LPs)
PIPELINE
Qualified startup investment opportunities are sourced from dedicated accelerator, incubator, university program and angel ESVCLPs including Sydney Angels, the Actuator, SproutX, Slingshot, Blue Chilli, iAccelerate and the Clean Energy Seed Fund