Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
42 Ventures serves as the investment arm of The Gold Coast Innovation Hub, established in Australia. The firm operates from Kelvin Grove, Queensland, and is dedicated to investing in high-growth companies on a global scale. They manage their own funds while also collaborating with co-investors to provide substantial support to innovative startups.
Currently, 42 Ventures oversees a portfolio of nine companies, demonstrating their commitment to fostering growth in diverse sectors. The firm has achieved notable milestones, including a significant exit from the portfolio company Opmantek, which was co-funded and resulted in a $62 million return. Their strategic approach and focus on high-growth potential companies position them as a key player in the venture capital landscape.
42 Ventures invests primarily in innovative companies that are post-revenue and exhibit high growth potential. Their funding ranges from $100,000 to over $10 million, allowing them to support startups at various stages of development, including Seed, Seed+, Series A, and Growth Equity. The firm emphasizes leveraging capital gains tax-free concessions for Australian investors, which enhances the attractiveness of their investment offerings.
The investment strategy of 42 Ventures is characterized by a global reach, enabling them to identify and support promising startups across different markets. They actively collaborate with co-investors and utilize their connections with accelerators and incubators, such as River City Labs and the Gold Coast Innovation Hub, to maximize the impact of their investments.
42 Ventures has a diverse portfolio of nine notable companies, showcasing their commitment to high-growth sectors. Key portfolio companies include:
This portfolio reflects 42 Ventures' focus on innovative companies that are well-positioned for growth and success in their respective markets.
Danny Maher: Chairman of 42 Ventures, Danny Maher has extensive experience in venture capital and startup ecosystems. He has a background in managing investments and has been involved in notable deals that have contributed to the growth of various companies.
To pitch to 42 Ventures, founders should send an email to info@42ventures.com.au. It is important to include a comprehensive business plan and financial projections in the pitch deck. Response times may vary, so founders should be prepared for potential follow-up discussions.
As of October 2023, 42 Ventures continues to focus on expanding its portfolio and supporting high-growth companies globally. The firm has recently co-funded several startups, including those in the technology and innovation sectors. Their notable exit from Opmantek highlights their successful investment strategy and commitment to delivering returns for their investors.
What are the investment criteria for 42 Ventures?
42 Ventures seeks to invest in innovative, post-revenue companies that demonstrate high growth potential. They focus on startups that are at various stages, including Seed, Seed+, Series A, and Growth Equity.
How can I apply or pitch to 42 Ventures?
Founders can pitch their ideas to 42 Ventures by sending an email to info@42ventures.com.au. It is advisable to include a detailed business plan and financial projections in the pitch.
What makes 42 Ventures different from other venture capital firms?
42 Ventures differentiates itself by leveraging capital gains tax-free concessions for Australian investors, which enhances the potential returns for their investments. Additionally, their collaboration with co-investors and accelerators provides startups with valuable resources and support.
What is the geographic scope of 42 Ventures?
The firm invests globally, allowing them to tap into high-growth opportunities across various markets.
What is the typical check size for investments?
42 Ventures provides funding ranging from $100,000 to over $10 million, depending on the needs and growth potential of the startup.
What kind of post-investment involvement does 42 Ventures have?
42 Ventures actively collaborates with their portfolio companies, providing operational support and access to their network of co-investors and accelerators to help drive growth and success.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.