ACE IDEA: Tennis Australia launches its own VC fund
Tennis Australia is creating Wildcard Ventures, a fund and syndicate backing early-stage sports, health and entertainment tech, and has named its investment team and advisory committee.
Managing Director, Techstars Sydney
| Role | Organisation | Sources |
|---|---|---|
| General Partner | Wildcard Ventures | Startup Daily, Wildcard Ventures team page |
| Partner | The Fund | Startup Daily, SmartCompany |
| Managing Director | Techstars Sydney | SmartCompany |
| MD | Techstars Sydney | Startup Daily (Thu 22 Jul 2021), Startup Daily (Thu 17 Jun 2021), TechCrunch Australia |
Stories naming Todd Deacon. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Tennis Australia is creating Wildcard Ventures, a fund and syndicate backing early-stage sports, health and entertainment tech, and has named its investment team and advisory committee.
US angel VC The Fund launches an Australia and New Zealand chapter, backed by local founder limited partners, with a four-person investment committee intending to back around 40 early-stage startups over two years.
Australian founders and operators including Kate Morris and Alex Zaccaria have launched the local arm of angel group The Fund, targeting seed and pre-seed deals, with an aim to raise about US$3.5 million.
Early-stage venture firm The Fund is expanding to Australia, naming a four-person local investment committee and founder limited partners to back pre-seed and seed startups across the region.