Money, or the state in which money becomes possible
Two routes lead out of this page. The fund either invests in your company for a stake, or it prepares the company and takes it to investors — most often Chinese ones. Which route applies is decided by the project, not by the size of the ask.
The fund invests for a stake
We select projects against the criteria below and invest the fund's own capital for an equity stake, from $20,000. The fund joins the corporate agreement and supports the team through scale-up and through entry into the Chinese market. If your project can increase its capitalisation tenfold or more after entering a new market, that is the case we want to see.
Pre-seed
Up to $50,000. An MVP exists and the first sales are real.
Seed
Up to $750,000. The business model is confirmed and the unit economics hold.
Growth
Up to $25,000,000. The company is scaling and international expansion is on the table.
The fund prepares and places
Most projects refused capital are not refused on the idea. They are refused because the corporate structure will not survive due diligence, the intellectual property sits in the wrong entity, the model does not reconcile with the accounts, or there is no answer to the question of what happens in China. Preparation fixes exactly that, and it is done before anyone is introduced to an investor.
Diagnostic
We read the company as an investor would: structure, IP, accounts, contracts, team, the actual state of sales. The output is a list of what blocks a round.
Structure
Corporate perimeter, shareholder and option agreements, intellectual property moved to where it belongs, the tax picture in the relevant jurisdictions.
Model and valuation
A financial model that reconciles with the accounting, a valuation that can be defended, and terms the founders can live with after the round.
The China case
The concrete answer to what the company does in China — partner, channel, licence, certification, production — and what it is worth once that is in place.
Materials and data room
Pitch, memorandum and data room in Russian, English and Chinese. Chinese is written by native speakers, not translated at the last minute.
Placement
We introduce the project to our investor list, run the meetings, and stay in the negotiation through to signing.
Investment criteria
The criteria below are applied in full. A project that fails the formal test is not read further; a project that passes it is judged on the qualitative and strategic ones.
Formal
Qualitative
Strategic
Which application is yours
You are not sure the project is ready
Take the investment session. Two hours, and a written conclusion on whether the project can raise money, what is missing, and in what order to fix it. If it turns out to be ready, we move straight to an offer.
Request a sessionThe project is finished
There is a presentation, the key figures hold, the documents exist. Fill in the questionnaire, attach the evidence, and the application goes to scoring and then to the committee.
Apply to the committee