Venture Capital Limited Partnership (VCLP) taking advantage of emerging companies, which are transitioning from advanced development to commercialisation in the innovation, healthcare and biomedical industry.
Investment predominantly in Australia, in line with the VCLP rules relating to eligible investments in the Australian unlisted sector.
The Fund currently has A$13 million in committed capital with the ability to reach up to $50 million into the portfolio. The Fund has been registered with AusIndustry as unconditional since passing the A$10 million minimum requirement.
Number of investments
To date, the Fund has invested in one company having utilised A$2.5 million for this single investment.