Aventurine invests in early-stage startups to help them grow


“There’s a ton of stuff that really could be impacting the lives of everybody on Earth, that is not making it out of the lab and into practical application,” said David Van Wie, founder and chief investment officer at Aventurine Capital Group. That’s how he summarizes the problem he is trying to solve with his IP-forward accelerator. He hopes that spinning out companies — and letting inventors and academics continue to do what they do best — is a winning formula.

Aventurine focuses on where venture capital doesn’t typically go: It gets in early to support people who aren’t natural entrepreneurs, and invests in IP for the long term using what it calls a Perpetual IP Income fund, or PIPI fund. If it sounds as if it’s the antithesis of quick growth and timely exit, that’d be accurate. But the team believes that’s OK, and that perhaps VCs don’t need to be in a big fat hurry all the time anyway. 



“This is a researcher who spent 20 years of their lives chasing a certain thing,” said Joe Maruschak, the company’s managing director of Aventurine’s investment studio. That’s how he described who Aventurine is looking to fund. “They caught the bug for chemistry, and they’ve spent all of their lives going into chemistry. They’ve got their Ph.D., got a job in university, and then discovered something.”

Central to Aventurine’s thesis is that academics shouldn’t have to be entrepreneurs to ensure that their discoveries or innovations can be developed and brought to market to eventually have an impact in the world. It recognizes that a researcher’s skill set is not necessarily the same as a founder’s, and that they shouldn’t be forced to learn how to do it overnight.

#Aventurine #invests #earlystage #startups #grow


Related Posts

Marvel’s Blade Movie Delayed by Writer’s Strike

[ad_1] Marvel’s vampire hunter Blade is a fierce warrior but he may have finally met his match: labor unions. The upcoming, long-in-development reboot of the Marvel franchise…

How to Watch the Coronation of King Charles III Live

[ad_1] King Charles III officially shed his princedom when Queen Elizabeth II died, and the British royal’s new position will be formalized on May 6 in a coronation…

‘Quordle’ today: See each ‘Quordle’ answer and hints for May 6

[ad_1] If Quordle is a little too challenging today, you’ve come to the right place for hints. There aren’t just hints here, but the whole Quordle solution….

How to use a passkey instead of a password to sign into your Google account

[ad_1] Passwords have always been a necessary evil, giving you the choice of either using one that is too simple (so you can easily remember it) or…

Amazon quietly acquired audio content discovery engine Snackable AI to boost its podcast projects

[ad_1] Amazon quietly acquired New York-based audio content discovery engine Snackable AI last December to boost its podcast features, as first reported by New York Post. The…

Warhammer 40K’s New Tyranid Screamer-Killer Is a Great Update

[ad_1] A new edition of Warhammer 40K means new models—and for some of the 40-year-old wargaming franchise’s creatures and characters, that means updates they’ve not had in…

Leave a Reply

Your email address will not be published. Required fields are marked *