Sydney Seed Fund
| File:Sydney Seed Fund Corp Image.png Helping build great Australian and Southeast Asian based internet businesses | |
| Private Limited | |
| ISIN | 🆔 |
| Industry | Venture capital |
| Founded 📆 | 2013 |
| Founder 👔 | Benjamin Chong Ari Klinger Garry Visontay |
| Headquarters 🏙️ | Sydney, Australia |
Area served 🗺️ | Australia |
| Members | |
Number of employees | |
| 🌐 Website | sydneyseedfund |
| 📇 Address | |
| 📞 telephone | |
Sydney Seed Fund is a technology investment fund based in Sydney, Australia. Upon foundation, the fund raised $1.9 million for the eight-year investment period,[1] with the aim to invest about $48,000 to $144,000 in 20 early-stage Australian tech start-up companies.[2]
History[edit]
Founded in 2013 by Right Click Capital general partners Benjamin Chong,[3] Ari Klinger and serial angel investor, Garry Visontay, the inaugural Sydney Seed Fund seeks to invest $100,000 in 20 companies.[4][5] The fund focuses of young, high-growth Internet and technology companies that are less than 18 months old and that have growth potential.[2][6][7]
Activities[edit]
In May 2013, the fund announced an investment in 20 tech start-ups companies over the next two to three years. According to the officials, each investment company will receive $50,000 to $150,000,[8] a total of $US 1.8 million.[9]
In September 2013, the Sydney Seed Fund, alongside Grand Prix Capital, and the Founder Institute, supported Australian Graduate School of Management's 12-week initiative program, during which MBA students from the AGSM at UNSW Australia partnered with start-up companies, immersing the student in an entrepreneurial business.[10]
Advisory board[edit]
The firm is advised by a board of investors including Jeffrey Paine (Golden Gate Ventures), Adeo Ressi (Founder Institute), David Siemer (Siemer & Associates) and Fadi Bishara (Sinbad Ventures).[6]
See also[edit]
References[edit]
- ↑ Yap, Jacky (28 May 2013). "Sydney Seed Fund raises US$1.8M, scouting for startups". e27. Retrieved 20 March 2014.
- ↑ 2.0 2.1 Tan, Vanessa (29 May 2013). "All New Sydney Seed Fund to Invest $2 Million in Australia's Best Startups". Tech in Asia. Retrieved 20 March 2014.
- ↑ Powell, Rose (29 October 2013). "Sydney Seed Fund reveals why only four of 68 applications were deemed eligible for further investigation". Startup Smart. Retrieved 20 March 2014.
- ↑ Yap, Jacky (10 June 2013). "Sydney Seed Fund aims to invest in 20 early stage startups in Sydney". e27.
- ↑ Hammond, Michelle (8 April 2013). "Sydney Seed Fund to sink up to $100k into 20 start-ups". StarupSmart. Retrieved 18 May 2014.
- ↑ 6.0 6.1 Hurley, Ben (29 May 2013). "Sydney seed fund to invest $100,000 in 20 start-ups". BRW. Retrieved 20 March 2014.
- ↑ Fannin, Rebecca (20 August 2013). "Aussie Startups Looking Up To Brighter Future". Forbes. Retrieved 18 May 2014.
- ↑ Powell, Rose (31 May 2013). "New $2 million venture fund launched and looking for 20 companies". StartupSmart. Retrieved 18 May 2014.
- ↑ Yap, Jacky (4 November 2013). "Sydney Seed Fund raises US$1.8M, scouting for startups". e27. Retrieved 18 May 2014.
- ↑ Ready, Ben (3 September 2013). "AGSM MBA students to help kick-start start-ups". MBA News. Retrieved 18 May 2014.
External links[edit]
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