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Ace Ventures is a recently established venture capital fund dedicated to investing in early-stage technology companies. The fund primarily targets promising start-ups across the software, healthcare, and e-commerce industries, providing crucial capital to support their development and expansion into new markets. Its operational model involves identifying high-potential ventures and offering strategic support alongside financial backing.
The fund was launched in June 2024 by Michael Frazis, a tech investor recognized for his financial acumen. His decision to establish Ace Ventures was driven by an insight into the evolving needs of the early-stage start-up ecosystem, building upon his prior investment experience. Michael Frazis also carries the notable lineage of being the son of George Frazis, the former CEO of Bank of Queensland.
Ace Ventures caters to innovative start-ups seeking initial funding and strategic guidance to accelerate their growth trajectories. The fund's long-term vision is to curate a diverse portfolio of transformative technology companies, aiming to foster significant advancements in their respective fields. It aspires to be a pivotal partner in shaping the future landscape of technology leadership.
Frazis Venture Fund has 1 tracked investment across 1 company. The latest tracked deal is $1.4M Seed in Remi AI in February 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 9, 2022 | Remi AI | $1.4M Seed | — | Intervalley Ventures, SuperSeed, Sydney Angels |