V-Ignite is the fund manager of the newly-created $120M Victorian Startup Capital Fund (VSCF), led by Neil Stanford and Brighid Pappin, highly respected leaders in the Australian venture capital sector.
LaunchVic is Victoria’s startup agency and the $60 million cornerstone investor of V-Ignite. V-Ignite applauds LaunchVic for identifying the funding gap in early-stage startups in Victoria and proactively addressing this with the creation of the Victorian Startup Capital Fund.
V-Ignite brings together the skills and expertise of the former Hostplus Private Equity and Venture Capital team that has successfully supported more Australian venture capital managers over the past decade than any other group, with the operational support of leading venture capital firm, Brandon Capital. V-Ignite is set to raise at least $60M from private investors, including superfunds, family offices and high net worth individuals, to match the Victorian Government’s $60M cornerstone investment managed by LaunchVic.
Proudly supported by