Alteon Accelerator Fund

Alteon Accelerator Fund:

Objective:

Alteon Accelerator Fund invests in private companies who are developing radical new products based on cutting-edge technologies. We invest in entrepreneurial teams building businesses with the potential to impact large commercial sectors.

Investment Criteria:

Sectors: We invest across several sectors including electronics, semiconductors, photonics, communications equipment, military and aerospace electronics, avionics, clean technology.
Geography: We will invest anywhere in the U.S.
Stage: We invest across company stages, from formative/concept stage to pre-IPO mezzanine rounds.
Funding: We invest in companies seeking funding ranging from $100K seed rounds to $5M syndicated rounds. We prefer to lead and syndicate rounds, but will follow other leads in deals that we find compelling.
Capital Efficiency: We seek capital-efficient business models and companies requiring under $10M to reach break Cashflow Breakeven.
Successful Leadership: We invest in teams whose leadership has a track record of success.
Large-revenue opportunity: We seek businesses addressing large revenue opportunities, where the directly addressable market is expected to exceed $1 billion in 2010.
Business Validation: We prefer to invest in companies that have some level of validation through relationships with credible customers or partners.

Investment Team:

At Alteon Accelerator, our core competency is to anticipate emerging technology trends, to identify the best positioned teams, and to fund these teams and help them build large successful companies to capitalize on these industry trends. We are a team of experienced Tech Industry investors and entrepreneurs who collectively bring decades of venture investing and technology industry experience. Alteon’s experience ranges from design engineering to marketing, executive management, finance, and investment banking both at the operating and board level. Through more than 20 years of experience investing and building tech businesses, the investment team has developed specialized skills, a broad and deep relationship network, and unique perspective on market and technology trends.

Direct Investment and Syndication:

Alteon Accelerator has an extensive relationship network with VC fund partners, CEOs, CFOs, and Business Development executives in large technology corporations. We leverage this network to syndicate our investments with the optimal set of investors providing substantial capital reserves and strategic relationships within corporate and financial communities needed to build our portfolio companies into successful enterprises.

Hands-On Approach:

Alteon Accelerator brings more than money to our deals. We work closely with portfolio company management on product definition, technology roadmap, marketing strategies, operations, and business-plan optimization. We also leverage our relationship networks in the corporate, technology lab, and financial communities to forge valuable strategic relationships for our portfolio companies. We work closely to help portfolio company management find key executives and hires at the technical, senior management, and board levels. We also work with management on corporate-level issues including financial strategy, fundraising, capital structure, and M&A.