Morpheus Ventures – Lunch – Sydney

Morpheus is an early-stage (Series A) venture capital fund focused on technology businesses with the potential to massively disrupt established industries. Morpheus Ventures is a collaboration of (now) five proven early stage tech investors who joined forces to help leverage their global origination channels and corporate networks. Some of the notable successes shared by the founders include:

• Starship Technologies: led the Series A in August 2019
• Housecanary: backed at Series A in 2017
• Safety Culture: backed at Series A in 2015
• Skype: backed at Series A – acquired by ebay for $3.1bn in 2005
• Deepmind: backed at Series A – acquired by google for $500m in 2013
• The Climate Corporation: backed at Series A – acquired by Monsanto for $1.1bn in 2013

As for their performance, Morpheus Ventures has 19 mature investments (8 realised, 11 written off) with a 15.5x MOIC (31.0x on realised investments). In their portfolio of recent deals they have 22 investments (10 written up, 12 held at cost) with a 2.3x MOIC.