With strong nine-figure backing from Institutional Investors & Family Offices across Asia-Pacific, Europe, and the US, Nemesis Technologies, a pioneering venture capital fund that invests in deep technology, says that it is on track to become the world's largest digitally securitized fund.
Nemesis Technologies, which will be established in 2022, invests in radically innovative businesses driven by the revolutions in the fields of artificial intelligence, machine learning, quantum computing, robotics, advanced materials, and biotechnology, specifically in the three sectors of clean energy, health technology, and network infrastructure & connectivity.
This one-of-a-kind fund establishes a direct connection between cutting-edge DeepTech entrepreneurs seeking to break down technical barriers to address the most urgent problems facing the globe and crucial capital-intensive investments. These firms will grow to become the ground-breaking, world-class, significant, and sustainable businesses of the future with the help of Nemesis' funding and skills.
Former Carlyle Group private equity investment professional Pierre Mauries, who now lives in Japan, formed Nemesis. Pierre has previously handled more than USD 2 billion in investment vehicles, international merger and acquisition deals, and post-merger integration. In the field of alternative finance, he is also regarded as a daring digital pioneer.
"Now is just the most important time to support deep technology. The greatest minds working on sustainable frontier technology solutions for the future need funding to develop and demonstrate the value of their innovations, said Pierre Mauries, founder, general partner, and chief investment officer of Nemesis Technologies. Only then will it truly be an age of life- and planet-changing advancements.
The DeepTech industry has experienced rapid expansion in recent years, with global investment in this field increasing fourfold, from $15 billion in 2016 to $60 billion in 2020. With 120 recent DeepTech unicorns with a combined value of $463 billion, the sector is poised for additional growth and disruption. The median DeepTech unicorn today requires $115 million in funding and 5.2 years to reach that point.
"We intend to add considerably more liquidity by introducing new investors to hundreds of million-dollar opportunities inside this expanding sector," Mauries stated. The potential for deep technology to make a significant impact on our world is enormous and growing rapidly.
The fund maintains offices in all significant trading hubs, and its Tokyo, Hong Kong, London, and New York City offices serve as the hub for both global and local activities. Nemesis has also assembled an impressive group of non-executive Board members and advisors, who together bring to the table top-tier knowledge in a number of crucial DeepTech fields, including cybersecurity, quantum computing, clean energy, carbon pricing, biopharma, artificial intelligence, and deep learning.
Recently, Nemesis appointed Katherine Verrier-Frechette as Managing Partner and Global Head of DeepTech Solutions. She is a pioneer in DeepTech venture capital and a former senior Canadian diplomat. She was a management consultant with McKinsey & Company. Katherine and Nemesis Technologies share the goal of enhancing many people's lives.
Nemesis' core mission is to use DeepTech to address the most serious problems facing the planet. We can make the necessary corrective shifts to enhance both the quality of many people's lives and the condition of our planet with the right combination of zeal, intelligence, and investment in DeepTech solutions. Investors are joining Nemesis in this crucial quest, demonstrating that the time is now for deep technology. Verrier-Frechette made a statement.
0 Comments