AUSTRALIA VC FUND 2 (AFOF2)
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 as well as additional contiguous later stage deals qualified via Artesian's boarder network.
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invest agnostically across all industry sectors, verticals and horizontals but with a particular focus on 3 sectors - agrifood, clean energy and medtech (~15% of total FUM per sector).
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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:
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Dedicated accelerator, incubator, university program and angel ESVCLPs including Sydney Angels, the Actuator, SproutX, Slingshot and the Clean Energy Seed Fund
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Artesian's contiguous network, including:
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additional pre-approved accelerator programs
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agrifood, clean energy and medtech industry networks
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the broad Artesian founders alumni
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referrals from late stage co-investors whose mandates do not include early stage investments
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