SPiCE by SPiCE VC

The Raise Total

$15,000,000

Price Per Token

$1.38

Raise Start

-

Minimum Investment

-
SPiCE VC is a blockchain based venture capital fund aiming to disrupt VC by making VC investments liquid and opening up VC to more people through tokenizing.

Terms

Fundraise Information

Total Raise $15,000,000 USD
Soft Cap -
Raise Status Closed
Minimum Investment -
Accepted Investors US & International Accredited Only
Security Type LP Interest
Exemptions Regulation D 506(c) - General Solicitation, Regulation S (International)
Instrument na

Token Information

Price Per (SPiCE) $1.38
Token Issuance Platform Securitize
Token Protocol DSO (ethereum)
Token Issuance Info 6 months
Payment Options
  • BTC
  • USD

Token Rights

Tokenized LP Interest Transparent Portfolio 100% of net exit revenues distributed to token holders

About

Overview

SPiCE’s vision is to utilize blockchain technologies to disrupt the venture capital industry with the first truly liquid and inclusive VC fund, issuing regulatory-compliant securities tokens. SPiCE tokens will be tradable, and will entitle holders to 100% of net exit revenues.

Highlights

  • Targeted number of investments: 28
  • The fund is designed as a 7 year fund: 3.5 years of new investments, and 3.5 years of follow upinvestments and portfolio management.
  • Projected geography split: 80% for companies in Israel and the UK, and 20% for the rest of Europe.This may change over time.
  • Making VC investments liquid - no more 7-10 year lockups.
  • Making VC investments inclusive - Opening up to a huge qualified investor audience</p>

Team

Ami Ben-David

Co-Founder and Managing Partner

Tal Elyashiv

Co-Founder and Managing Partner

Carlos Domingo

Co-Founder and Managing Partner

Shay Finkelstein

cto

Advisors

Brendan Eich

Inventor of Javascript, Founder of Mozilla

Loic Le Meur

Co-founder of Le-web and Leading investor

Nimrod Lehavi

Co-Founder & CEO of Simplex

Eyal Hertzog

Co-Founder of architect of Bancor

Press

“SPiCE wants to leverage blockchain technology to disrupt the venture capital industry...”
“The SPiCE fund will invest in promising pre-series-A and pre-ICO technology startups, bridging the gap between seed funding from angels or incubators...”
“Backed by the Founder of Mozilla and CEO of Brave, SPiCE VC Is Launching A Fully Regulated Blockchain VC.”
“Spice VC is the first to use blockchain to solve the liquidity problem.”

Use of Funds

General Partner Carried Interest

15%

Token Buyback

85%

Documents