London based Talis Capital, the investors behind Darktrace, Luminance, Pirate Studios and Onfido, have announced a record $100m raise for 2019, as they celebrate a decade of successfully investing over $600m in technology companies on behalf of ultra high net worth individuals.
Talis is a bit different to the average VC as it has grown out of a family office and takes money from a small group of successful entrepreneurs and business people and invests it into the tech sector. The firm has seen its total assets under management increase by 220% in the last five years.
The latest raise catapults Talis Capital’s total transactions over 10 years to more than $600m, as it seeks to invest in the fast-growing tech companies that are disrupting established sectors, including food and farming, consumer and healthcare.
Increasingly entrepreneurs from outside the tech sector want to invest in the companies of the future but need help to access the sector-defining deals that are creating some of the world’s fastest-growing tech companies.
Talis, which blends the speed and flexibility of having a private investor base with the experience and networks of a venture capital fund, has seen its total assets under management increase by 220% in five years.
It favours companies that are at an early stage in their growth but have long-term global potential and its track record includes fast-growing tech companies such as Darktrace, Onfido, iwoca, Pirate Studios, Luminance, and Clausematch.
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Matus Maar, Managing Partner & Co-Founder of Talis Capital said: “The strength of our approach is based on two things: first we can move quickly to make decisions because our structure allows us to be agile, flexible and competitive in the fundraising process.
“Secondly, the investors who back us have had significant business success in their own right and they are prepared to leverage their networks to help our portfolio grow.
Maar added: “We’ve consciously backed companies with the global potential to transform traditional industries significantly, using a technology-led or technology-enabled approach.”