risingstars growth fund ii lp early-stage technology investment dr mark rahn meet the investors...

RisingStars Growth Fund II LP

Early-stage Technology Investment

Dr Mark Rahn

Meet the Investors 4th March 2008

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Introduction

• Enterprise Ventures is a fund management company

• Investment focus in the North of England

• Funds under management:-– RisingStars – Early-Stage Technology >£250k - £1000k

– Coalfields – Generalist Enterprsie Fund ~£500k

– Rosebud – Generalist Lancashire Fund - £5k - £500k

• Offices in Leeds, Manchester and Preston.

• Also located in Rotherham with the South Yorkshire Investment Fund

• 9 investment managers

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Technology Funds

• Three dedicated technology funds under management:-– RisingStars – £19m, fully invested and managing the portfolio

– RisingStars II - £14 and currently investing

– South Yorkshire Seedcorn Fund – £2m and currently investing

• RisingStars II is 100% commercial money

• South Yorkshire Seedcorn Fund co-invests with RisingStars II on deals in South Yorkshire

• ~40 deals to date: typical £200-500k first round commitment

• We follow our money from proof of concept, through commercialisation and to exit

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Julian Viggars(Head of Technology Investment)

Edward French(Software)

Mark Wyatt(Green and Med tech)

RisingStars team

Mark Rahn(semiconductors, materials and instruments)

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What does RisingStars look for?

• Commercial return - Market opportunity

– Large market (>£200m)– Favourable tail wind

• Growing or emerging market, • A well recognised problem or pain, • technology disruption

– Scaleable business model– Barriers to entry (behind you)

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• Commercial return – value for money

– Low cash burn before the concept is proven– Business description that identifies an opportunity– Plan that addresses the key risks

• People• Technical• Commercial

What does RisingStars look for?

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What does RisingStars contribute?

• Money

• We look to build a high calibre team

– A good team can be assembled around a good idea

– RisingStars has recruited scores of CEOs, NXDs and Chairmen.

• Access to contacts / market intelligence

• Birds-eye view of the early-stage technology space

• Hands on support where necessary

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We Invest in technology

Happy to invest at proof of concept stage

Bright people with bright ideas

To make things happen

mark. rahn @ enterprise-ventures.co.uk07876 563043

Please contact us………