Investing in Fund WA I
Fund WA I is an expertise-backed venture capital fund focussed on opportunities in Western Australia.
Our purpose is both to help diversify WA’s economy by investing in WA early-stage innovative companies, and to generate attractive returns for Investors. We see both goals as mutually beneficial, as investing in the companies of tomorrow will create the industries WA needs for tomorrow.
Fund WA I is a Western Australian venture fund
Fund WA I presents investors with exposure to WA based early-stage investments, specifically in pre-commercialisation or early-commercialisation companies.
Through our proprietary modeling and the decades of first-hand experience of our team, we believe there is incredible potential to achieve success in WA-based early-stage investments.
Our perspective of Western Australia
We’re on a mission to alleviate a long-felt issue in the Western Australian innovation ecosystem: a lack of venture capital funding.
There’s more to WA than just natural resources
Home of the world’s largest robot.
60% of the world’s mining software is developed in Western Australia.
24% of the world’s population live in Western Australia’s time zone.
Home to key areas of
world-class innovation
The fastest-growing tech sector workforce in Australia.
6 of the last 15 Australian FDA-approved pharmaceuticals created in WA.
Home to the Southern Hemisphere’s most powerful supercomputer.
Aligned to global opportunities with incredible human capital
Western Australia is well-placed to align with global megatrends.
Mature research institutes, 5 universities, cooperative research centres, and knowledge hubs drive cutting-edge innovations.
We make investments in early-stage businesses at the commercialisation stage across all innovative sectors, including but not limited to, software, health, biotech, education, energy systems, and others. Investee companies are expected to have significant export and potentially worldwide market potential, having developed new, innovative intellectual property. Investees will generally have little or no revenue at the time we invest and are expected to have a short operating history.
Our Fund’s investment operations are underpinned by a due diligence framework that supports a holistic understanding of the upsides and key risks of an investment. Potential startup investment targets undertake a comprehensive process that requires them to explain the key facets of their business, which are evaluated by our team for their alignment with the Fund mandate and expected future performance.
Our investment team
The FundWA investment team has a wide range of professional backgrounds, including venture capital, technology, leadership, law, strategy, finance and health.
The management team includes a collective of highly accomplished General Partners – Glenn Butcher, Pia Turcinov AM, Dr Michael Nguyen and Asheesh Malaney – each bringing their wealth of knowledge, expertise, and networks that extend across the life sciences, resources, technology, education and energy, government, innovation and finance sectors, and supported and enriched by venture partners, special advisors and an investment analyst.
We invite interested investors to complete the form below to be connected with a member of our team.
Fund WA I is open
Investment into Fund WA I is only available in Australia to Wholesale Clients (as defined in section 761G of the Corporations Act) or to persons to whom disclosure is not required under Chapter 6D or Part 7.9 of the Corporations Act and where such offer would not contravene any applicable law.
