News and Announcements
Hatcher+ and Wholesale Investor invest in Startmate
- Published May 23, 2022 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
The H&WI ANZ Fund, a joint venture between Singapore-based venturetech company Hatcher+, and Australia’s leading capital raising platform, Wholesale Investor, announced today that it has completed its first investment in Startmate, a leading Australian accelerator.
Sydney, May 18th, 2022 – The H&WI ANZ Fund, an early-stage venture fund that invests in pre-seed companies in partnership with leading accelerator programs, is pleased to announce it has completed its first investment into Startmate, a leading accelerator program.
Over the past decade, Startmate, backed by Blackbird and other leading VCs, has grown to become the stand-out program for Australian and New Zealand startups. With a 10-year track record of discovering, guiding and facilitating some of Australia’s most exciting startups. Startmate has invested in 170+ startups, with a collective portfolio value of $2 billion.
Steve Torso, CEO of Wholesale Investor, said “For the last decade, I have been impressed by the evolution of the Startmate selection process, accelerator program and the impressive businesses they have helped build. We are very excited to participate and invest in the current and future companies to be selected.”
For John Sharp, Managing Partner of Hatcher+, the investment will enable the company to add a leading Australian accelerator to its growing network of early-stage co-investment partners.
“Over the past four years, we’ve researched hundreds of thousands of venture investments. Accelerators build companies that are twice as capital efficient, and twice as likely to get backing. We are delighted to be working with Australia’s leading accelerator and leading capital platform to back the amazing startups we’re seeing coming out of Australia.” said Sharp.
About Hatcher Plus
Hatcher Plus (“Hatcher+”) combines AI, process automation, and global partnerships to enable investors to quickly create investment vehicles and build bigger, better portfolios. The multi-award-wining Hatcher+ VAASTÒ platform enables fast and efficient creation of investment vehicles, such as Singapore-based VCCs, full-scope fund administration, and transparent, real-time reporting for LPs and investors. For more information, please visit https://hq.hatcher.com.
About Wholesale Investor
Founded in 2008, Wholesale Investor has grown to become Australia’s leading platform for private opportunities. In the 13 years, Wholesale Investor has showcased hundreds of emerging companies from 6 countries to over 32,300+ high net worth, professional and International Investors, family offices, and Institutional investors. For more information, please visit https://wholesaleinvestor.com.au.