Athletes' venture firm raises first fund | Private Equity Media
Athletic Ventures, started by former athletes, has closed its debut fund at $25 million, with about 100 sports stars and several veteran venture figures backing it as limited partners.
Company
Every investor coverage indicates participated in a round Square Peg Ventures raised.
Companies Square Peg Ventures acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Paul Bassat | Partner (former) | privateequitymedia.com.au, SmartCompany (Tue 15 Dec 2020), SmartCompany (Tue 19 Mar 2013) |
Stories naming Square Peg Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Athletic Ventures, started by former athletes, has closed its debut fund at $25 million, with about 100 sports stars and several veteran venture figures backing it as limited partners.
Square Peg has closed a $600 million fourth fund, capping a year in which Australian venture funds collectively gathered over $1.6 billion, with closes by Blackbird, OneVentures, Equity Venture Partners, Antler, Tidal and others.
Sydney online design startup Canva, founded by Melanie Perkins, Cliff Obrecht and Cameron Adams, has secured a $3 million seed round from Australian and US backers after the founders met investors at a Hawaiian kitesurfing camp.
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