Innovation Fund I - LP portal

Q2 2026 · DATA AS AT 30 JUN 2026 · VALUATION POLICY: COST UNTIL EXTERNAL ROUND

Fund status: Deploying
Committed capital
$3.1M
of $5M target · first close done
Deployed
$1.92M
22 companies · tranche-weighted
Portfolio fair value
$2.41M
3 external markups
Gate conversion
71%
Funded → M1, trailing 2 cohorts

Portfolio - 22 companies

CompanyGateInvestedCarrying value
AI claims-processing platformINSURANCE · AU · COHORT 2026-04Seed closed$100k$312k ▲
Agentic procurement copilotERP · US · COHORT 2026-04Seed closed$100k$287k ▲
Compliance lodgement agentREGTECH · UK · COHORT 2026-05Term sheet$100k$240k ▲
Law-firm matter automationLEGAL · AU · COHORT 2026-05M1 ✓$100k$100k · cost
Field-services dispatch agentVERTICAL SAAS · US · COHORT 2026-06MVP ✓$70k$70k · cost
Freight quoting copilotLOGISTICS · SG · COHORT 2026-06MVP ✓$70k$70k · cost
+ 16 moreFULL SCHEDULE IN QUARTERLY STATEMENT$1.38M$1.32M

Carrying values follow the fund's written valuation policy: cost until an external priced round, then last-round price. One company written off at $30k (stalled pre-MVP; tranching capped the loss).

Pipeline funnel - trailing 90 days

Applications1,847
AI-screened for IC review412
Passed IC196
Passed IC2 - term sheet31
Funded22

Selectivity 1.2% application-to-funded. Every IC decision is logged and auditable; LPs can request the decision log for any period.

Your commitment

$25,000
committed · Fund I first close
$15,500 called (62%) · next call est. Q3 2026
Your share of portfolio fair value$19,435
Distributions to date$0 · pre-exit

Reports & documents

Q2 2026 quarterly statement
PDF · ISSUED 09 JUL 2026
Download
Q1 2026 quarterly statement
PDF · ISSUED 08 APR 2026
Download
Investment mandate & valuation policy
PDF · V1.2
Download
Conflict-of-interest register
UPDATED QUARTERLY
View
FY25 audited financials
PDF · EXTERNAL AUDIT
Download

Next events

VC Day - Q3
27 JUL 2026 · LP OBSERVER STREAM
RSVP
Quarterly LP call
14 AUG 2026 · IC Q&A INCLUDED
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