Robert Brevelle has been appointed as the Managing Director of a new venture capital fund focused on emerging technologies and early stage companies in the agritech, aerospace, cyber security, and transportation infrastructure industries.
"This is the third fund we have asked Robert to manage," said Sylvain Martel, Fund Investor and Limited Partner. "This reflects the investors" confidence in Robert's leadership, and the outstanding results achieved thus far. Robert brings a wealth of operational experience and technical acumen rarely found in venture capital or private equity. Having worked at the C-level at private and large public companies, Robert's experiences in all aspects of management have proven critical in vetting opportunities and post investment activities. Robert's remarkable aptitude for improving financial performance and sparking innovation in portfolio companies continues to increase our appetite for early stage tech investments."
The fund was established this month and has been fully subscribed and funded at $5M. The 2017 ($2.5M) and 2018 ($4M) funds were also seed venture capital funds with similar investment thesis and focus markets.
"I am honored to work with the investors on the new venture fund," said Robert Brevelle. "Our intent was to raise $5M with a small group of LPs. Within a few weeks we were significantly oversubscribed. We ultimately decided to keep the fund at $5M limiting membership to those that participated in the 2017 and 2018 funds. With 100% investor retention, $5M of committed capital, and access to additional resources if needed, we are well-positioned for another stellar year."
Robert serves as the Managing Director of Startup Evo, on the board of directors for several companies, a global industry coalition for additive manufacturing, and as an Entrepreneur in Residence for Intellectual Ventures. Robert's M&A experience includes over 20 transactions ranging from $2M to $4.5B in the US, Canada, and UK.
Robert has received awards from IEEE, Department of Defense, Texas Department of Public Safety, Aeronautical Systems Center, and NASA.
For more information, visit: https://www.startupevo.com