Backing emerging founders with $10 million

Galileo Ventures is pround to announce our first $10m fund and growth accelerator launching October 2020.
By
Team Galileo
on
September 12, 2020

We're proud and excited to announce the first Galileo Ventures Fund with AU$10 million to back emerging founders that change the world. (Prefer a more casual format? Check out our ‘founder version’).

When we – Hugh and James, the Galileo Co-founders – started Galileo Ventures, we wanted to create something a little different.

Australia and New Zealand is full of emerging founders with immense untapped potential from high school to universities, research labs, maker spaces and beyond.

Galileo invests in early founders who are ready to take their startup to the world. 

Galileo invests $200,000 cash up front. We then help you drive growth through with 12 months of 1-on-1 support and a focus on founder coaching from our network of founders and operators who are currently building (or have built) world-class companies before. It’s unlike anything currently operating in ANZ.

The first cohort will be fully remote due to COVID-19, and we won’t ever require startups to relocate to a particular city to participate in our program.

Our first accelerator will kick off late October 2020. Founders can start a quick application at any time.

We want to be part of the next generation of venture capitalists, and we’re approaching venture capital like we think founders should approach their customers -- creating the best experience possible.

We have no gatekeepers: we don’t ask for warm introductions and encourage anyone from any background to get in touch early. 

We have an updated funding application process with no cut-off dates (we can fund startups anytime). We built our own ‘quick application’ microservice as an easy ‘front door’ to the questions VCs often first ask founders.

We’re on a mission to change how we fund and support the next generation of entrepreneurs at scale.

Now, more than ever, we need more creative builders and doers.

Apply to Galileo today.

Looking for investment?

Check out our accelerator page for more information, and submit a quick application. We aim to get back to you within 72 hours.

Want to stay in the loop?

Join our email newsletter to get the latest updates.

Want to become a Galileo investor?

We invest in the next generation of global technology companies. 

We are still accepting investment applications from eligible investors in Galileo Ventures Fund, LP. See our investment page or email invest@galileo.ventures for more.

Media or have other questions?

Drop us an email team@galileo.ventures or chat to us on Twitter @galileovc.

Thanks to our investors and supporters.

Galileo would not be possible without our early investors and university supporters. Thanks for backing us, emerging fund managers, in an uncertain time.

About the Author
Galileo Ventures is a VC-accelerator supporting the world's most ambitious emerging founders.
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