🎡 Join me for a decade in building the green tech cities of tomorrow. Private launch of the Atlas Nano Fund 1 (ANF1)🌊
Be part of the tsunami. Join Atlas now, become a shareholder of 20 seed, 10 series A companies, and get connected to the brightest people of our generation writing history within the next few years.
Hello, friends of the Adaptive Economy,
Today, I am coming to you to announce the private subscriptions opening of our Atlas Nano Fund One to help adapt cities in emerging markets to become resilient to climate change and the zero-carbon world!
Update as of 01/02/2022:
ANF1 already got signed commitments of $2,080,000 with $830,000 already collected and a pipeline of $5,315,000 in discussion.
We got really great people on board including the Forbes family, Goldman Sachs, Lazada Mafia executives, CP’s family members, L’Oreal Thailand CEO, exited startup millionaires from SEA, some crypto millionaires, as well as local influencers like Riety (TH) and bigger ones like RDJ’s (US) Fund Manager.
💸 Why create a fund, Djoann?
As you probably know, for the past few years I have been working in the tech industry, 8 years ago, co-founded GetLinks, went to 500 startups accelerator program in California, grew the company from 1 to 100 staff and $10m revenue, making our tech company the first Series A to be funded by Alibaba in SEA and got covered in Forbes, New York Times, Tatler, Techcrunch for that reason.
Over the years I have been receiving many inquiries from early-stage founders to learn how to raise their seed rounds from me and eventually asking me to invest in their business even before they apply in accelerators or talk to VCs.
In June we launched Atlas Ventures Program to do just this and we received an overwhelming 400+ early stages pitch decks since then. With the limited capacity of my own cash, I did the best we could to filter investment opportunities we believed in and put down some money to work.
The problem is the minimum entry ticket is often 100K, too much for small investors like myself alone. We then thought about the means of regrouping to be able to put a ticket. And we have done just that the past quarter putting together 2 investments of nearly 100K each.
After its launch in end of 2021, Atlas Angel Club grew from 1 angel (me) to 15 angel investors and we receive more investors applications monthly, however…
When early-stage rounds closing deadlines are a matter of days, it took us some time a few weeks to contact each investor, arrange a few calls, and pitch them one by one the investment opportunity.
We have therefore decided to create Atlas Nano Fund 1, in which 50+ angel investors can pre-invest tickets as small as $ 10,000 USD for us to then catch together investment opportunities we believe in while making faster our investment capabilities.
🏛 How will Nano work?
For Atlas Nano Fund 1, we would like to reach at least $4m in 2022, in order to be able to invest in 20 Pre Seed & Seed-stage companies at $100K max and 10 series A companies at $200K max.
Atlas Nano Fund One will be a Special Purpose Vehicle limited company incorporated in Singapore in which every investor will be a shareholder. Investors investing min $10,000 will get shares accordingly as investors coming in with $500,000. The Nano Fund will be the first close of the Atlas Seed fund One (ASF1), a $30m fund incorporated in Singapore with ETA close in Q1 2022.
Once a month will then send you an investment opportunity we have curated by email, including the pitch deck and our analysis. The investment will then be validated if no investors in the investment committee (IC) express their refusal.
In Atlas Nano Fund One, after screening from our scientific council, an IC will be run every quarter during which we will review the opportunities received and vote together with the opportunities we want to proceed with investments.
As all investors have a veto right, we will only accept investors which (1) we have met during a zoom call (2) share excitement for our investment thesis (3) trust us for the selection of deals, and (4) undertake to exercise their veto right only force majeure (bad personal experience with the entrepreneur, conflict of interest, etc.)
🍃 Investment strategy?
Team: We focus on the quality of the entrepreneur/team: we are looking for experienced teams, who have built their concept around issues identified in their professional activity.
Prerequisites: Pre-Seed & Seed stage, B2B focused, valuation below $10m, industry multiple reasonable (>10X). Validated Product / Market-fit and post-revenue companies with min 10k € MRR
Investment thesis: Towards 2050, emerging markets cities will pump out CO2 at a prodigious rate as they develop and grow. Atlas Nano Fund One is looking to back technologies companies reducing carbon emissions via the medium of cities around 4 key pillars (that you can find on page 15 here).
ROIs: We are not necessarily looking for the unicorn who will give us an x100 with a survival rate of 2% (the other traditional funds are there for that) but rather the beautiful startup carried by a team of experienced workers who will do an x10 / x20 with a survival rate of 20% to 30%.
Tech: Blockchain, Machine Learning, Artificial Intelligence ... we are not sensitive to buzzwords. We focus on the energy of the founders, the problem identified the value provided, and the consistency of the project with our investment thesis.
Locations: We are looking to invest mostly in the US, EU— the centers of deep-tech— that will produce technologies able to be deployed in emerging market cities, to make them green & climate-resilient. We aim to have 30% of our investments be SEA-based. We identified key ecosystems as follows:
Metrics: As our team is composed of experienced entrepreneurs and financial advisors, we know what to watch: CAC, LTV, LTV / CAC ratio, hidden costs, balance sheets, undervalued, unreal conversion rates ... In short, count on us to know how to keep a financial approach to investment in- beyond the beautiful story ;)
🤺 Your role as an investor
(a) The Sleeping shareholder: you put the money in, you do not exercise your veto rights and you simply read our reports to find out where your holdings are until the first exit arrives and you get your climate dividends back to your bank.
(b) The Committee Shareholder: involved in the selection of our deal flow; if you wish and if you have expertise in certain areas, we would be happy to have you help us qualify certain deals we receive and attend our quarterly IC.
(c) The Connector Shareholder: committed to investments, you are sharing your valuable network to our community through being very active in our monthly virtual meetups, attending our Atlas Society dinners, and connecting potential clients to our portfolio & ecosystem.
(d) The Advisor Shareholder: Many of you have entrepreneurial experiences, through our monthly virtual meetups, we are setting up systems allowing you to help startups in which we have invested and step in as an advisor, board member, or even team member if you wish to (and that the company can afford your time).
🤴 Why invest through this fund?
Possibility of creating a diversified sustainability tech portfolio that is saving the planet (climate $$ dividends + trackable negative carbon footprint) while making money for you with a small ticket (10k € if you are short, 100k € if you are hot ;)
Multiply your chances to create wealth, not only from your job, stocks, crypto, or real estate but also through taking shares into other energetic entrepreneur’s businesses.
Make a realistic 3X of your money over 3-5 years while helping companies actually do something useful that you will be proud to talk about to your children, wife, and friends: helping our society adapt to become more sustainable.
Get a foot in the climate tech industry as an investor and advisor to learn better about the space, connect with the C-level team, and if you really like the company: come in as a hands-on advisor, consultant, or even senior executive!
Take advantage of the quality of my network investment deal flow that the experts I brought in at Atlas Society will give you for free.
Last point: we set the deadline for Feb 28 to deposit your funds so we can start investing in March.
If you have any questions, as always, you have my Whatsapp at +66 98 273 7509, with great pleasure to exchange. You can reply to this email and I will reply to you with a deck (a very professional one vetted by our financial advisors from Goldman Sachs!) that recapitulates all these points.
Hope to see you joining us soon!
🌊 #jointhetsunami
Djoann