Note: Deal velocity is higher than normal right now. We have two live deals in the pipeline (1 x Series A, 1 x Seed) and are waiting for Angelist to activate this syndicate. Stay tuned
Audacious Ventures has an extremely disciplined, high conviction thesis focused on early stage, Israeli deep tech deals. These are moonshots or moonshot-adjacent, driven by technical teams specializing in Aerospace, Advanced Manufacturing, Robotics & Mobility, Storage, Infrastructure, or AI. Examples are self-healing chips, fluidic shaping of optical lens, or in-situ space manufacturing.
Since our core focus is on frontier tech, we expect a deal velocity of around 6 deals a year. This cadence allows us to thoroughly diligence the underpinning technology as well as spend time with downstream customers and partners that help us verify a company's technical and commercial viability. We bring our LPs only the top 0.5-1% of companies that we meet, and almost always these are founders that we have known for some time.
These are the meta themes that shape our decision making process.
- Control points are highly defensible positions
- Bet on 10x improvements, not 10%
- Wildly successful products are subtractive, not additive
- Invest in only the ideas we are curious about and the folks we would trust with our kids
We maintain a robust deal pipeline and will seek to syndicate most if not all of the deals that we personally back. Sources:
- Investors: Deep tech investor network (early and later stage) in Israel and Europe, particularly in the UK and Germany
- Government: Relationships with senior government officials such as the former Head of the Mossad, the former CEO of the Israeli Aviation Industry, former ambassadors, government ministers, heads of space agencies, and policy decision makers
- Scientific: Trusted relationships with Israel's top STEM universities (Weizmann and Technion), the MIT Media Lab, UCLA, and Stanford
