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OneVentures is a venture capital firm headquartered in Sydney, Australia that provides human and investment capital into high growth companies with a particular focus on transformative technologies.

The firm is particularly focused on opportunities originating in Australia which are poised to expand into the established and emerging global markets.

All of our Partners have founded, built and exited high-growth businesses.

Our goal is to be the leading Australian early stage venture capital company.

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About OneVentures

OneVentures is a venture capital firm that invests in emerging Australian technology companies with true breakout potential, differentiated technology and compelling business models in the healthcare, education, mobile, media, cloud computing and data, security and privacy, machine learning, sensors and robotics, and food security sectors.

OneVentures is managed by a team of Partners with a skill-set and track record ideally suited to collaboration with entrepreneurial management teams to foster growth and create value: a unique blend of highly successful entrepreneurs, technology business founders and corporate executives with a strong scientific pedigree, extensive off-shore experience and networks.

The OneVentures team is committed to deliver investor returns by applying this expertise to select portfolio companies with significant potential then accelerating their performance.

 

AFSL
OneVentures Management Pty Ltd is a designate under OneVentures Nominees Pty Ltd's AFSL (Licence No: 462825) issued by the Australian Securities and Investments Commissions, authorising the Manager to provide such financial services as the Manager provides during the course of its duties as manager of the Fund.

The OneVentures Team

All Partners have many years of C-level, board and investment experience. Coupled with this is a track record of identifying investment opportunities in global markets with strong international business backgrounds and networks. The OneVentures Investment team has 7 technology related higher degrees.

Dr Michelle Deaker

Dr Michelle Deaker
Managing Director and CEO

Dr Paul Kelly

Dr Paul Kelly
Partner and Managing Director

Anne-Marie Birkill

Anne-Marie Birkill
General Partner and Executive Director

Dean Hawkins

Dean Hawkins
Managing Partner

Daniel Gammell

Daniel Gammell
Investment Manager

Michelle Wee

Michelle Wee
Marketing and Communications

Helen Liu

Helen Liu
Chief Financial Officer

Jelly Jakob

Jelly Jakob
Accounts

Funds

Innovation Fund (Fund I)

The OneVentures Innovation Fund is a $40M venture capital fund formed as an early stage venture capital Limited Partnership. This Fund was launched in 2010 with the Commonwealth Government committing $20M from its IIF programme and this funding matched by high net-worth wholesale investors.

Innovation and Growth Fund (Fund II)

The OneVentures Innovation and Growth Fund was launched in March 2014 with a target of $100M and has reached first close of $60M as of October 2014. Fund II is an early stage venture capital limited partnership backed entirely by Australian high net-worth wholesale investors.

Focusing on later stage (Series B and beyond) investments while still maintaining some investment activity in the earlier stage investments, Fund II is now screening investment opportunities where the experience of the OneVentures management team can be leveraged to accelerate value creation and company success.

We are currently looking for truly transformative companies to join our portfolio of innovative companies, if you think your company has what it takes, read our Application for Funding page and submit your application now.

Investment Portfolio

OneVentures Innovation Fund (Fund I)

Other Investments

Latest News

  • Singapore ahead in help for start-ups

    by OneVentures Administrator | Oct 28, 2014

    Date: 28 October, 2014
    Source: Australian Financial Review
    Author: Mathew Smith

    Australian hopes of becoming a regional hub of the burgeoning tech start-up scene risk being left in the shade as the Singaporean government steps up its push to back the next generation of tech giants.

    The head of the Singaporean government’s special devision for funding start-ups told The Australian Financial Review that the island state was going all in to financially back tech start-ups, while the Australian government ended start-up-focused co-funding and grant programs in the May budget.

    Alex Lin, the head of Infocomm Investments, a wholly owned subsidiary of the Singaporean government that seeds early stage technology strart-ups, said his country’s funding programs could start bearing fruit within the next 12 months.

    In May the Australian government cut eight research and innovation funding bodies, including the $213 million grants program Commercialisation Australianm and the Innovation Investment Fund, which co-invested in venture capital funds.

    Dr Lin, pointed to Reebonz, a privately owned Asia-focused e-commerce platform specialising in luxury goods, as an example of t start-up initially seeded by Singapore government that he said could look to a public listing in the next 12 months – potentially on the Nasdaq.

    To date, the biggest sale of a government-funded Singapore start-up was the reported $US100 million ($113 million) acquisition of Non-stop Games by King, the company behind Candy Crush.

    There are many more Singapore start-ups seeded with government money currently eyeing a potential listing on the Australian securities Exchange, Dr Lin said.

    In the next 12 months, chief executive of Fatfish Internet Group, Lau Kin Wai, expects to help at least two Singapore-based start-ups list on the ASX.

    Fatfish is an ASX-listed venture and start-up accelerator, and one of a handful of incubator programs approved to co-invest in start-ups through the Singapore government investment programs.

    Among the more mature businesses within Fatfish’s investment portfolio are Indonesian online general insurance supermarket Auto Direct, 3D dancing game creator VDancer and Singapore’s leading online fashion retailed, Dressabelle.

    Incubators such as Fatfish can invest up to S$250 million ($228 million) and have every dollar matched with $S1.50 of funding through the Singapore government’s Media Development Authority (MDA).

    The Infocomm Development Authority, the MDA’s sister government agency, has what it calls an evergreen fund” meaning it has an uncapped mandate to invest in highly scalable start-ups, ideally investing between $S1 million and $S5 million at a time.

    The only hurdles for start-ups to qualify for funding through these programs is for the businesses to be Singapore-based and that the concepts have a commercial potential, Dr Lin said.

    “With limited land for agriculture and few natural resources, the Singapore government wants to drive its economy through innovation and technology, and that’s where it is spending its money,” Mr Lau said.

    Managing partner of Australian venture capital fund OneVentures Michelle Deaker said Australia was at risk of losing some of its start-ups to the lucrative benefits offered by the Singapore government.

    Dr Deaker said she was aware of Australian tech firms being courted by the Singaporean government to relocate overseas in order to gain access to some of its funding programs.

    Last Monday, OneVentures announced the first close of its second $100 million Innovation and Growth Fund, which aims to fill a funding gap in the Australian ecosystem for growth-stage start-ups.

    While Dr Deaker said the Australian government’s Industry Innovation and Competitiveness Agenda, announced earlier this month, would remove some of the impediments start-ups currently face setting up in Australia, she said it’s an area the government needed to invest in if it wanted start-ups to be competitive globally.

    Co-founder of online odd jobs marketplace Airtasker Tim Fung said it can be a case of an Australian start-up either being “hot or not” in the eyes of local investors.

    He said the local funding market favoured immediately successful ideas, whereas other ventures that need more of a push to get up and running tend to miss out on funding all together.

    He said the struggles of many start-ups to find suitable backers highlighted both an immaturity and a lack of depth in the approach to tech-focused investment. In comparison with rival economies, this meant that Australia was more likely to restrict itself to backing only a few – and the most successful – ideas with plenty of viable businesses left languishing.

    “What our market is saying right now is either your enterprise value is huge or you’re worth nothing,” Mr Fund said.

    If you start here and don’t get a million subscribers in six months, you’re considered a failure and you into the bin straightaway.”

    Australian start-ups are pitted against ventures from overseas that have had the benefit of subsidised work spaces and VC funding leveraged with sovereign funds,” Mr Fung said.

    Singapore’s own version of Silicon Valley, Block 71, is jointly funded by National University of Singapore, the MDA and SingTel Innov8, a wholly owned subsidiary of the SingTel Group, Singapore’s main telecommunications provider.

    Singapore’s technology district is expanding to offer cheap rent to later stage technology businesses that have progressed through the start-up phase.

    “It takes us longer here to raise money than in some overseas countries, because [funding is] so scarce you’ve got to pick it up from all sorts of parties,” Mr Fund said.

    “Certainly if there was more bulk to our funding here it would make us more competitive because raising money is not what start-ups actually want to be doing.”

    Read the article here

Full story

Contact Us

For Entrepreneurs

Think you have what it takes to join the OneVentures portfolio of companies? Then send one or two pages covering the following to admin@one-ventures.com:

  • 3 point bios of each executive
  • The problem being addressed
  • The market, the value proposition and your competitive advantage
  • Your progress to date
  • Summary financials and any projections
  • Capital required
  • What the capital will be used for
  • Don't forget to include details on how we can contact you

OneVentures focuses on understanding the product attributes, the market, the team, the competition and the stage of maturity of the product.

On receipt of your proposal, it will be reviewed by the OneVentures Partners. Although we receive a great many proposals each week, we endeavour to respond by email to submissions and let you know the Partners' level of interest within two weeks.

For Investors And General Enquiries:

E-mail: admin@one-ventures.com
Telephone: +61 2 8205 7379

Sydney

OneVentures Pty Ltd
Suite 304, Level 3
1 Alfred Street
Sydney NSW 2000
Australia

Brisbane

c/- Interfinancial
Level 3, 145 Eagle Street
Brisbane QLD 4000
Australia

For media enquiries

For an interview with a OneVentures' spokesperson, please contact Honner Media at oneventures@honnermedia.com.au or call (02) 8248 3744.