Insider Brief
- Nemesis Technologies announced is on course to become the world’s largest digitally securitized fund investing in deep technology.
- Quantum is one of the deep tech areas that the fund will invest in, along with entrepreneurs building across three sectors: clean energy, healthtech and network infrastructure and connectivity.
- Nemesis has been founded by a Japan-based former Carlyle Group Private Equity Investment professional, Pierre Mauries.
- Image: Nemesis Technologies team members Pierre Mauries and Katherine Verrier-Frechette.
PRESS RELEASE — Nemesis Technologies, a pioneering venture capital fund that invests in deep technology, announces that it is on course to become the world’s largest digitally securitized fund, with significant nine-figure backing from institutional investors and family offices across Asia-Pacific, Europe and the US.
The fund will target quantum technologies, according to the release, adding that in addition to quantum, Nemesis Technologies will invest in radically innovative companies that are powered by the revolutions in the fields of artificial intelligence, machine learning, robotics, advanced materials and bio-technology, specifically across three sectors: clean energy, healthtech and network infrastructure and connectivity.
Nemesis has been founded by a Japan-based former Carlyle Group Private Equity Investment professional, Pierre Mauries. He previously managed various investment vehicles, cross-border merger and acquisition transactions, and post-merger integration, in excess of USD 2 billion+ and is recognized as a digital pioneer across alternative finance.
“This is just the most critical time to be championing DeepTech. It really is an age of life and planet-changing advances – but only if the greatest brains working on sustainable frontier technology solutions for the future have the funding to develop and prove the worth of their innovations” said Mauries, Founder, General Partner and Chief Investment Officer, Nemesis Technologies
The fund will create a direct link between breakthrough DeepTech entrepreneurs looking to push technological barriers to solve the world’s most pressing challenges and much-needed capital-intensive investments. Nemesis expertise will help these startups will scale to become the groundbreaking world-class, impactful, meaningful and sustainable companies of tomorrow, according to the release.
The DeepTech sector has recently seen impressive growth, with global investment in this space quadrupling in recent years, rising from $15 billion in 2016 to $60 billion in 2020. Today, the median DeepTech unicorn takes $115 million of capital and 5.2 years to get there, and with 120 recent DeepTech unicorns with a combined value of $463 billion, the sector is primed for further growth and disruption.
“We aim to add much more liquidity by connecting new investors with hundreds of million-dollar opportunities within this growing sector,” Mauries added. “The potential for DeepTech to have a profound impact on our World is huge and expanding exponentially.”
The fund has offices in all major trading centers, with global and local operations driven from its Tokyo, Hong Kong, London, and New York City offices. Nemesis has also established an impressive suite of non-executive Board members and advisors who, together, bring world-class expertise in key DeepTech technologies, such as biopharma, clean energy, carbon pricing, quantum computing, artificial intelligence and deep learning, digital ledger technologies and cybersecurity.
Katherine Verrier-Frechette has recently been appointed as Managing Partner and Global Head of DeepTech Solutions at Nemesis. A Venture Capital leader in DeepTech, she is a former management consultant with McKinsey & Company and a former senior Canadian diplomat. Katherine brings a shared philosophy to Nemesis Technologies – to improve the lives of many.
“Solving the world’s most pressing challenges and leveraging DeepTech to do so is really what Nemesis is all about. With the right mix of enthusiasm, brain power, and investment in DeepTech solutions, we can make the critical corrective shifts to improve the lives of many and the state of our planet. Investors are following Nemesis in this important mission confirming that the age of DeepTech is now!” Verrier-Frechette said.
