Venture Capital & Industry Support
We’re a venture capital firm investing at the intersection of Sport, Fitness, Wellness and Health – an integrated community primed to take advantage of emerging technologies, Web3, Blockchain, NFT’s, the Metaverse together with AI, IoT, Machine Learning and 5G.
By supporting its portfolio companies, XT Ventures will provide the fund and its investors an opportunity to shape the future.
The global pandemic has accelerated digital adoption particularly in these four sectors.
Sport
A data driven, high pressure, high-performance incubator for a wide range of new technologies. We can provide venture capital and support for the sports industry.
Fitness
Technology is now a basic requirement to participate in organised fitness activity creating large online communities globally. Find out how XTV can help you.
Wellness
A mainstream industry focused on human optimisation, both physical and mental. We provide venture capital support for the Wellness industry. Find out how XTV can help with your investment.
Health
Individuals are now in greater control of their own health journey, including ownership of health data. XT Ventures supports investment in this rapidly growing merge between Technology and Health industries .
High Growth Potential & Global Appeal
XT Ventures is proud to invest in great founders and innovative technologies with both high growth potential and global appeal.
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 have learned to achieve the best outcomes for both our portfolio companies and our investors.
Stage
Our High Performance Fund 1, LP, will target the companies at pre-seed, seed and start-up through to early expansion.
Size
Initial investment of $250k – $1Million with the capacity to follow on through multiple rounds.
Strategic Partner
By operating with a strong sector focus, backed by industry experience, we are a genuine strategic investment partner for founders.
Our Unfair Advantage
Sport, Fitness, Wellness and Health are our domain and our people are permanently immersed in these sectors as mentors, thought leaders and participants.
Structured to create maximum benefit for investors.
By investing with XT Ventures, you’re investing in a range of innovations with the potential to transform how we live, work and play.
Our team is permanently immersed in the sectors of Sport, Fitness, Wellness and Health. Our market knowledge, investment experience and industry connections provide a unique competitive advantage. This experience will guide the investment strategy for the Fund.
Early Stage Venture Capital Partnership
Our first fund, the XTV High Performance Fund 1, LP, 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. This includes a tax offset of up to 10% of the contributions made to the fund. Plus a tax exemption on revenue and capital gains generated by the disposal of capital investments made by the ESVCLP.
Investment Expertise in Sport, Fitness, Wellness & Health
Across our investment team and strategic partners we combine investment, startup and founder experience, with deep industry knowledge and domain level expertise across Sport, Fitness, Wellness and Health. Our global connections support both the generation of high-quality deal flow and access to real value for portfolio companies.
Managing Partner
Craig is Managing Partner of XT Ventures. He is a highly experienced startup investor with extensive operational experience with global digital companies. Having founded multiple successful companies, he achieved his first exit selling his advertising agency, Magenta to NASDAQ listed TMP Worldwide when he was just 23. He was most recently Founder and CEO of Slingshot, one of Australia’s most successful and trusted corporate innovation partners.
Craig has made over 100 investments through his private investment vehicle, Vinemoon Pty Ltd and is a member of the investment committee for the Slingshot Venture Fund (ILP0000112), an ESVCLP established in 2015 managed by Artesian Capital management. With strong business acumen skills, Craig has previously held senior roles in global web giants Yahoo! and Monster.com.
Andrew Fagan
GENERAL PARTNER
Andrew is General Partner of XT Ventures and 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 as 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 and Investment Advisory Panel by requesting a copy of our information memorandum.
