We exist to invest in
the next generation
of Sports Tech
Technology continues to revolutionize how sports are played, managed, distributed and consumed around the world.
Our first Fund, the XTV High Performance Fund 1, invests in exceptional Australian entrepreneurs and their companies who are reimagining the future of sports and health through technology.
By investing in Sports Tech, you’re investing in a range of innovations with the potential to transform how we live, work and play. We will target the next generation of innovation technologies with high growth potential and global appeal.
- Athlete Performance
- Athlete Management
- Athlete Welfare
- Wearables & Smart Equipment
- Performance Analytics
- Computer Vision
- Stadiums & EventTech
- Fan Engagement
- Media & Broadcasting
- Business Analytics
- Sponsorship & Brand
ACTIVE LIVING & MASS
- Talent ID & Scouting
- Coaching & Training
- Youth Participation
- Connected Fitness
- Smart Apparel
- Event & Player Management
- Artificial Intelligence
- Biomechanics & Robotics
- Blockchain, NFT & Crypto
- Digital Twins
- Medical & Diagnostic
- Corporate Wellness
- Chronic Health
- Mental Health
- Gaming & Streaming
- Virtual Olympics
- Virtual Events
- Avatars & Digtal Personas
- Creator Economy
Sports is a natural incubator for emerging technologies primed for mass market adoption across adjacent sectors including fitness, wellness, digital health, media and entertainment.
We know what it’s like to build successful businesses. We’ve been through the challenges and triumphs as entrepreneurs ourselves and are committed to channelling everything we’ve learned to get the best outcomes for both our entrepreneurs and investors.
Our High Performance Fund 1, will target the companies at pre-seed, seed and start-up through to early expansion.
Initial investment of $250k – $1Million with the capacity to follow on through multiple rounds.
By operating with a strong sector focus, backed by industry experience, we are a genuine strategic investment partner for Founders.
Our unfair advantage
The value we bring is not limited to just financial investment, business structure support, customer introductions and founder development. Sports Tech is our domain and our people are permanently immersed in the sector in which they are also mentors, thought leaders and participants.
We will work with Founders to leverage our global relationships with sports teams, leagues, investors, vendors, associations and other stakeholders to help our portfolio companies grow.
Our first fund, the XTV High Performance Fund 1, is structured as an Early Stage Venture Capital Partnership (ESVCLP) and has received conditional registration from the Department of Industry, Science, Energy and Resources.
An ESVCLP is a venture capital fund structure initiated by the Australian Government to stimulate investments in early-stage tech companies. Investing in an ESVCLP provides tax incentives and concessions, including:
Tax offset of up to 10% of the contributions made to the fund
Tax exemption on revenue and capital gains generated by the disposal of capital investments made by the ESVCLP
5-YEAR PAYMENT TERM
Capital can be paid over a 5-year period, reducing pressure on cash flow
QUALIFIED ATHLETE STATUS
Qualified Athletes and Industry Professionals can participate at a minimum of AUD$20,000 per year
The XTV High Performance Fund is structured to create maximum benefit for investors.
The ESVCLP High Performance Fund is conditionally registered and further conditions will need to be met before being able to apply to be registered as a complying and fully registered early stage venture capital fund in accordance with the Venture Capital Act 2002 (Cth).
Across our investment team, investment committee and strategic partners our team combines investment, start-up and founder experience with deep industry knowledge and domain level expertise across Sport, Sports Tech, Health and Digital Innovation. Our global connections support both the generation of high-quality deal flow and access to real value for portfolio companies.
Craig has founded multiple companies, achieving his first exit selling his advertising agency Magenta to NASDAQ listed TMP Worldwide when he was 23. Most recently he was founder and CEO of Slingshot, one of Australia’s most experienced and trusted corporate innovation partners. Craig is an experienced startup investor having made over 100 investments through his private investment vehicle, Vinemoon Pty Ltd and is additionally a member of the investment committee for the Slingshot Venture Fund (ILP0000112), an ESVCLP established in 2015 managed by Artesian Capital management. Craig has also had extensive operational experience within large digital companies having held senior roles in global web businesses, Yahoo! and Monster.com.
Andrew is one of Australia’s most respected sports executives with close to 30 years industry experience. He was most recently Chief Executive of the Adelaide Crows Football Club, recognised as one of Australia’s largest and most diverse sporting organisations having previously fulfilled senior roles in Rugby Union, as Chief Executive of Brumbies Rugby, Australia’s most successful Rugby Union Club as well General Manager, National Teams and Rugby Operations at Rugby Australia. He also spent nearly a decade with the Australian Sports Commission and Australian Institute of Sport, during which time he worked with over 20 Olympic and professional sports on a range of strategic, commercialisation and growth projects. Andrew is also an Advisor to Entourage Sports and Media, a leading sports talent agency.
You can learn more about the rest of our Management Team, Investment Committee and Advisors by requesting a copy of our investment memorandum.
Want to be a part of building the future of Sports Tech? Get in touch with us below.