Does Conduit Ventures Limited prefer to lead investment rounds? Conduit Ventures Limited does prefer to lead investments, and often portfolio companies and fellow investors look to Conduit Ventures Limited to lead through its industry expertise. We have invested without leading the investment, but in the vast majority of cases, we prefer to lead.  Back to top
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How long does Conduit Ventures Limited’s investment process typically take? Conduit Venture Limited can be very quick to provide a go/no-go decision. We do engage in a rigorous due diligence process which we can accelerate by highly focused analysis. In short, we can be extremely quick when required. In some instances, we have responded to investment requests with issues we feel would need to be addressed before we would be able to commit capital. In those instances, we maintain a relationship and move our investment process forward as appropriate. Back to top |
How much does Conduit Ventures Limited typically invest? We invest between less than $1 million to $3million and reserve for follow-on investment to support our portfolio through additional fundraising as required. Back to top |
What can Conduit Ventures Limited bring to the table? As a specialist in energy technologies, we offer useful relationships to our portfolio companies to assist them with customer relationships, recruiting key technical and commercial staff, and partnering within the industry. We have been able to catalyze investment syndicates and lead financing rounds through our sector expertise. We have industry experience which might be useful to our portfolio companies. We can also provide access to our own investors as relevant to foster value-adding relationships. There is no obligation to work with our investors, though most of our portfolio companies are attracted by the strategic possibilities that they offer. Back to top |
What does Conduit Ventures Limited look for whilst assessing investment opportunities? We look for strength and vision of management, market potential/market readiness, and technology. Management should be experienced and proven their ability to create value. The company should have plans to launch commercial products that are achievable and there should be a strong market demand for the products being developed. We do not favor “technologies chasing markets”, rather the other way around. Finally technology ought to be best of breed, filling a gap and enabling through superior performance, reliability, and manufacturing cost reduction potential. Back to top |
What does the investment process typically involve? After receiving initial overview information from a prospective investee company, we typically meet or have a conference call to gain a better understanding for the business and capital requirements. We then enter into an interactive information exchange which leads to a go/no-go decision process. Provided the outcome is “go”, we then engage in more comprehensive due diligence and typically agree terms of investment with portfolio companies, in conjunction with other investors that may join in an investment syndicate. Back to top |
What is Conduit Ventures Limited’s geographical scope? Conduit Ventures Limited has invested in Europe and North America. Our team consists of investment professionals from the United States, Germany, Japan, and Great Britain and we have made investments in Germany, the United States (East and West Coast), the United Kingdom, and Canada. Because of our industry focus and supported by globally active investors, we can be effective with a broad geographic reach. We prefer there to be a strong local investor in each investment we make, because we believe that different investors bring different types of value. Our value-added to portfolio companies is largely industry relationships and knowledge. Back to top |
What stage companies does Conduit Ventures Limited consider? Our preference is for companies at as late a stage of possible. That being said, the energy technology sector is generally at a pre-revenue stage of development. We invest after the seed or angel stage and prefer companies close to commercial product introductions. Back to top |
Who are Conduit Ventures Limited’s investors? Our investors are:
They are leaders in their respective industry areas, and have leading positions in the energy technology and in particular fuel cell area. They have the potential to add significant value to our portfolio companies. Back to top |
