1V Venture Credit Fund
Venture capital firm OneVentures is seeking investors for its 1V Venture Credit Fund, which invests in innovative technology and healthcare companies solving global problems.
The fund reached its first close of $45 million in April but is seeking to raise a total of $100 million with a second close scheduled for mid year.
OneVentures partnered with Israeli venture lender Viola Credit, part of Israel's technology investment group Viola Group, to launch the fund late last year.
“We have been delighted with the positive response we have received from investors, which include many of Australia’s largest family offices and high net worth investors. The fund is an attractive way for investors to get exposure to Australia’s most exciting and fastest growing technology companies at lower risk, with a strong and stable income yield," Michelle Deaker, managing partner at OneVentures, said.