CP Ventures currently has 2 early stage funds. Fund 1 is a tax-free ESVCLP vehicle (Early Stage Venture Capital Limited Partnership). Fund 2 is more of a global fund with 70% of capital invested in startups outside Australia.
Yes. CP Ventures is licenced as a Corporate Authorised Representative (CAR #1253421) of Lazarus Securities Pty Ltd (AFS Licence # 502758).
Yes, absolutely. We’re happy to lead, co-lead or follow.
There are many things that make us unique for startups, but our top five things are:
Speed – We will often make a decision and be willing to issue a term sheet within 24 hours of meeting a startup
Founder friendly – We are successful founders and understand the journey. We don’t invest via harsh pref shares, but align our performance with founders. We only win when you win.
HR – We have expert recruitment capabilities in-house and often help our portfolio companies finding the best team and everything else HR.
Network – We can help with getting co-investors into your current and future rounds from Australia and overseas, including via Angelist via our syndicate, as well as corporate partnership connections.
We look for breakthrough technology startups that are creating the technology of the future, reflected by the 4th Industrial Revolution. We invest in the 1% of the 1%. Truly game changing startups.
We’re looking for the following qualities:
- Pre-Seed and Seed stage
- Raising between AUD$250k and AUD$2m
- Breakthrough technology
- Highly scalable and can expand internationally
- Amazing founder(s) & team
- Unique USP &/or defendable IP
We are industry agnostic (ie. don’t care what industry you are in), and invest all around the world.
We generally shy away from biotech (as we are medical experts) and do not invest in capital intensive or unethical businesses.
Anything you share with us is treated with complete confidentiality. We do not sign NDA’s to begin discussions for several reasons:
- It wastes time and money with lawyers
- We are busy building CP Ventures and have no interest in copying your business
- It reflects a distrustful relationship between you and us which is not how we like to operate
If you can’t get past the requirement for an NDA to start having a discussion with us then unfortunately CP Ventures is not for you, and we wish you well in your capital raising. We’re fine signing an NDA as we move deeper into due diligence.
Our Funds are available to Wholesale/Sophisticated Investors only. Retail investors cannot invest in our Funds.
In Australia, a wholesale/sophisticated investor is defined as having annual income of $250,000 for the last two years or a net worth of at least $2,500,000.
There are many things that make us unique for Investors, but our top three things are:
Deal Flow – Tier 1 domestic and international deal flow
Performance – Fund 1 is one of the highest performing VC funds in the world. Fund 2 is already showing similar capability
The minimum investment commitment in Fund 2 is A$200,000. Fund 1 is closed to new investors. Fund 2 closes on the 31 May 2021.
There are often opportunities to invest alongside us or in follow-on rounds. How a cap table is structured and who is on a cap table creates signalling, so it’s important how this is done and that direct investors can add value to the company.
Investors in CP Ventures’ Funds will be charged management and performance fees, as outlined in the Fund’s Information Memorandum.