OneVentures Innovation Fund I

 

The OneVentures Innovation Fund is a $40M venture capital fund established to provide capital and expertise to early stage (seed and Series A companies). This fund was launched in 2010 with the Commonwealth Government committing $20M from its Innovation Investment Fund programme matched by $20M capital from private sector investors. Capital from this fund is fully deployed.

Adaptive e-learning platform   Led Series A (October 2011)  $10M Series B (December 2013)  Led $5M C-Note financing (July 2016)  US$7.5M Series C (January 2018)   Visit website

Adaptive e-learning platform

Led Series A (October 2011)

$10M Series B (December 2013)

Led $5M C-Note financing (July 2016)

US$7.5M Series C (January 2018)

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Microprojection array (Nanopatch) for intradermal vaccine delivery   Led syndicate for $15M Series A financing (August 2011)  Led $33M Series B financing (February 2015)   Visit website

Microprojection array (Nanopatch) for intradermal vaccine delivery

Led syndicate for $15M Series A financing (August 2011)

Led $33M Series B financing (February 2015)

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Oncology information systems   Led acquisition by The Citadel Group (ASX:CGL) for ~$10.8M (September 2017)

Oncology information systems

Led acquisition by The Citadel Group (ASX:CGL) for ~$10.8M (September 2017)

Single application head lice treatment   Rights for human health applications in certain territories acquired by Dr.Reddy's for US$197M (September 2015)

Single application head lice treatment

Rights for human health applications in certain territories acquired by Dr.Reddy's for US$197M (September 2015)

Peak3 - OneVentures portfolio company
Video engagement platform   Led $4.9M Series A with participation by Intel and Warner Music (October 2014)  Led Series A2 investment into Incoming Media (July 2017)  Acquired by My Mobile Data (December 2017)   Visit website

Video engagement platform

Led $4.9M Series A with participation by Intel and Warner Music (October 2014)

Led Series A2 investment into Incoming Media (July 2017)

Acquired by My Mobile Data (December 2017)

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Paloma - OneVentures portfolio company
Building energy management software   Investment realised, IRR 70% (December 2012)

Building energy management software

Investment realised, IRR 70% (December 2012)

Beasy - OneVentures portfolio company