Hatcher+ and Wholesale Investor join forces to launch $10M fund targeting Australian/NZ startup’s
New joint venture enters the seed stage venture capital scene in Australia/NZ. The partnership empowers the fund with unparalleled deal flow, access to deep learning/data and an extensive sophisticated investor network.
Hatcher+, a leading data-driven global VC, and Wholesale Investor, the leading platform for sophisticated and professional investors in ASEAN, are joining forces to raise $10 million to be invested into 50+ startups in Australia/NZ, with a portion reserved for International startups. Combined the 2 companies have visibility of 10,000+ startups per year.
The fund will utilise deep learning to invest in promising technology companies ranging from the formation stage through to the Series A round in partnership with leading incubators, accelerators, and research groups.
Portfolio companies will gain access to the Wholesale Investor, 31,000+ ecosystem of investors, dealmakers and professional services to access capital, expertise and scale their businesses through later-stage growth and exits.
AUSTRALIA, 1 June, 2021 – Wholesale Investor & Hatcher+ announced today that they have formed an Australian-based joint venture with the objective of raising AUD10M. The fund will focus on investing into innovative technology ranging from the formation stage to Series A. The partnership will make use of their existing connections, to include leading incubators, accelerators, and research groups all in an effort to build strong deal flow and exclusive access to pioneering technology.
Combined, Hatcher+ and Wholesale Investor have visibility to over both networks, amounting to nearly 10,000 startups per year, providing unparalleled access to deal flow. The fund will primarily follow the Hatcher+ research-backed data-driven approach to venture investing – a strategy designed by data scientists to deliver robust, predictable returns and one that has attracted investors such as Coca – Cola Amatil, Midis Group, and Mistletoe Group.
Successful portfolio investee companies will gain access to the extensive and active Wholesale Investor ecosystem of investors, dealmakers and professional services to scale their businesses through later-stage growth.
As a platform, Wholesale Investor has showcase over 50 companies who have gone on to exit via IPO, Merger or Acquisition, including companies like Booktopia, Aroa Biosurgery, MadPaws, Ai-Media Banxa, 4D Medical, MyDeal.com.au and Essential Queensland (now
ASX Listed Leaf Resources).
“Over the last decade, we have worked with many companies from seed stage through to exit. Observing this has taught us the power of founder-led startups and the role the ecosystem plays in helping companies navigate their way to scale and exit. If you combine our access to
deal flow, the scalability of the Hatcher+ data-driven approach and our ecosystem of investors, dealmakers and industry, you have a powerful combination for success.” says Wholesale Investor Managing Director, Steve Torso
John Sharp, Founding Partner of Hatcher+, added “The early-stage investment scene is going through a period of massive growth and investors are no longer looking to simply be passive participants – they want to add value in addition to capital, form groups with like-minded
individuals and family offices, and get direct access to meaningful data – this alliance will allow investors to find deals more easily, be better informed as to a company’s progress, and to engage more directly and successfully with the founders. We view this synergistic tie-up
as a potential win-win for everyone involved.”
Through Wholesale Investors’ proprietary CRIISP platform and the Hatcher+ VAAST™ (Venture As A Service Technology) platform, investee companies are expected to benefit from easier access to capital and potential international partnerships, expanded access to
ecosystem partners, and similar growth opportunities.
On a broader scale, the partners expect the joint venture will enable founders to instantly and easily upload and share data, including cap tables, pitch decks, investor documents, and KPI updates, with the combined global ecosystem, leading to greater standardisation of profiles
and a more quantitative approach to analysis by investors.
Securing allocations in a good early stage venture is a competitive feat. In order to invest well you must be able to attract many opportunities and then select only a few, you must extend beyond general data points of analysis to have an edge, and you must have the capacity to
assist your portfolio companies beyond just capital. The Hatcher+ and Wholesale Investor partnership ensure all 3 of those requirements are met giving the fund a distinct edge in the venture capital realm.
H&WI (dba H+WI) is incorporated in Australia as a managed investment trust
Headquartered in Singapore, Hatcher+ is a global data-driven early-stage venture firm. They have analysed over 600,000 VC transactions and constructed over 4 billion virtual VC portfolios to explore various strategies’ return profiles. The insights have led them to build a data-driven approach to venture investing that delivers robust, predictable returns, global deal flows and co-investment opportunities.
About Wholesale Investor
Headquartered in Sydney, Wholesale Investor is Australasia’s leading investment platform that connects innovative, emerging companies that are looking to raise capital with their active, engaged and growing ecosystem of over 31,000 high-net-worth investors, fund managers, family offices, PE and VC firms, government bodies and industry participants.
For media queries, please contact:
Head of Marketing & Communications,
+65 9699 1839
Managing Director, Wholesale Investor