Hatcher+, a data-driven venture investment company based in Singapore, announced today that it has completed its 100th investment since the launch of its H2 Fund – a rate of three investments per week over the past twelve months – and has closed its US$5,500,000 seed investment round
Hatcher+ co-invests in early-stage startups alongside leading accelerators and early-stage investors around the world, such as Antler, Blue Chilli, Blue Startups, Fashion Technology Accelerator, Innova, Plug&Play, Quake Capital, Sente, Standia Ventures, and Thinqbate. Hatcher+ has analysed over 10,500 business plans over the past year on behalf of dozens of accelerators and venture capital funds around the world.
The H+ technology platform includes an advanced, AI-based predictive analytics engine build from a multi-year study of over 500,000 events from the venture world, and a comprehensive business process automation platform designed to enable construction and management of large, highly-diversified venture portfolios.
“Over the past year we’ve invested into startups at a rate of three a week – which is a fairly unprecedented rate of investment. And to date, these investments have mainly been in Australia, Europe, India, and the US.”, said John Sharp, Co-Founder and Partner at Hatcher+. “Our goal now is to aggressively expand our investment activity into China, Japan, Korea, South East Asia and the Middle East in partnership with leading advisory firms and co-investment partners – and to expand our deal analysis footprint through tie-ups with leading service providers to the VC industry.”
Mr Sharp said the company, which is headquartered in Singapore, is eyeing a Series A raise in the near future, with 70% of the capital to be allocated towards further research and development of the company’s proprietary AI-based algorithms and business process automation platform at its headquarters in Singapore.
“New investors, including large family offices and corporates, are entering the venture capital industry looking to replicate the 20%+ IRRs being achieved by top quartile VC investors. However, many of these groups lack quality deal flow and haven’t yet developed the processes, comparative data sets, and syndication networks typically found inside experienced VC firms.”
“Our platform allows emerging VCs to quickly and easily access high-quality deal flow from around the world, use our advanced data analytics to build diversified portfolios, manage the portfolio and reporting, and access our network of VC investors, worldwide, for the purposes of syndication.”