[PRESS RELEASE โ Perth, Australia, May 25th, 2023]
Theย group behind the Australian Kosmos Ventures is happyย to unveil their new financing vehicle, Zero Age Ventures, focusing on blockchainย tech technology.
The new fund looks to build on the successful legacy of the Kosmos Fund I. Originally established in 2017, Kosmos made numerous seed assets in prominent protocols such as Solanaย (SOL) Algorand, Polkadotย (DOT) and Fantom. Zero Age Ventures aims continuation this legacy by driving innovation and growth in the industry.
From very early on, the team recognized the enormous potential of blockchainย tech. Their successful financing legacy has earned them a remarkable 50x numerous on invested financialย resources from 2017 to 2023.
As the team transitions into theย following phase of its growth, all new assets will be managed under Zero Age Ventures. Althoughย while Kosmos Fund I will continue to provide support to existing portfolio corporations, it will be gradually phased out, with no new assets being made under its umbrella.
Zero Age Ventures intendsย to open up early-stage financing opportunities in blockchainย tech to a wider array of external LPs. Building on their predecessorโs success, the team plansย to expand their in-house engineering and research teams, produce research articles, and supply market analytics to bolster their financing strategies. By increasing visibility and sharing their insights, they strive to build a strong reputation in the industry, inย theย end gaining a competitive advantage and elevating their brand.
Zero Age Ventures has formulated a compelling financing thesis, stating,
โWe believe that distributed consensus and the abstraction of trust will unleash the greatest economic potential since the advent of the internet. Our commitment to this vision drives our financing strategies, as we seek toย facilitate the technologies and projects that will revolutionize the way we interact, transact, and build trust in the digital era.โ
Toย doย this vision, Zero Age Ventures will focus on bootstrapping network effects through token/product design, governance, community building, and go-to-market strategy.
Following a successful initial close and with General Partners pledging up to $10 Million of their own financialย resources, Zero Age Ventures is well-positioned to allocate considerable funds in 2023 and 2024.
Zero Age On the Move
The decision to transition the Fund II to Zero Age Ventures was driven by the teamโs desire to create a distinct brand, elevate competitiveness, and carve out a unique identity in the cryptocurrency financing arena. The teamโs legacy of successful assets will be leveraged to attract high-quality Limited Partners to the venture.
General Partner of Zero Age Ventures and co- founder of the successful project Opulous, Miles Carroll, discussed the teamโs blockchainย tech financing journey. He said,
โAs early participants, our team has reviewed thousands of deals and invested in 160+ projects over 6 years. Weโve seen what works and what doesnโt, and weโve been there toย facilitate teams and founders, helping them avoid common pitfalls. Having experienced numerous market cycles, we recognized the importance of a solid foundation, leading to Kosmos evolving into a registered fund and upholding our commitment to industry growth and innovation.โ
About Zero Age Ventures
Zero Age Ventures is a promising new financing vehicle that seeks toย facilitate the technologies and projects that will revolutionize the way we interact, transact, and build trust in the digital era. This mission is made possible by focusing on bootstrapping network effects through token/product design, governance, community building, and go-to-market strategy.
To learn more about and keep up to date with Zero Age Ventures:
