Rolling Fund

Video - Startup Showcase and 5G OI Lab Rolling Investment Fund Launch 

The 5G Open Innovation Lab Rolling Fund is a multi-stage venture fund primarily focusing on the 59 select startup companies that have participated in our program to date, and all future participants. Our exclusive engagement with these companies gives us unparalleled visibility and access to a diverse array of startups building world class companies capitalizing on the next great application platform—5G networks and edge computing.  The fund launches January 1, 2022 and is now taking subscriptions.

The opportunities created by digital transformation are vast.  The Lab has built an ever-growing developer-centric ecosystem of leading enterprises and cutting edge startups at the intersection of 5G, edge computing and AI technologies that will rewrite the rules of what is possible for application developers—particularly enterprise applications­—and accelerate growth of markets predicted to generate over $6.8 trillion in new spending by 2023.

Our Lab participants have raised over $500 million in invested capital prior to joining our program, and over $144 million since graduating from the program. This provides us with exceptional opportunities to invest in the most promising high-quality companies, several of which had recent exits estimated at over $200 million.

Our Lab

The 5G Open Innovation Lab is a unique partner led program of enterprise companies working together with select startups to rapidly accelerate digital transformation for all industries, from manufacturing to health care, agriculture to autonomous vehicles.

Lab Traction to Date

  • 300+ startup applicants seeking to join Lab program to date
  • 59 participating companies graduating from program in first two years (with 12 participants in our current batch)
  • ~$500m in capital raised pre-program
  • ~$144m in capital raised post-program to date
  • 11 up round financings to date 
Our Lab
Competitive Advantage

Competitive Advantage

The 5G Open Innovation Lab provides our rolling fund with numerous competitive advantages that greatly increase our ability to produce outsized returns for our investors:

  • High-quality deal flow facilitated by our exclusive access to, and relationships with, program participants and partners
  • Unparalleled and early visibility (signal) to startup business potential, market opportunities, enterprise partner engagements, industry trends etc.
  • 12 week lab program supporting active due diligence and analysis of participating startups
  • Ability to de-risk our investments through Lab engagements
  • Strong knowledge base and expertise in edge computing, AI, 5G technology and 5G network build outs (ecosystem collective wisdom)
  • Goodwill created with participating startups allows us to gain access to allocations and invest alongside top tier venture capital firms

Sourcing

We have had 59 outstanding startups—from early stage to more mature companies (up to Series C)—join our program and ecosystem in the first two years, with more on the way. Their innovative solutions run the gamut from infrastructure to applications, agriculture technology to autonomous vehicles, all leveraging the power of 5G and edge computing to build what’s next.

Our startups are selected through our unique screening process attracting companies from around the world.

  • 300+ applications to our program to date
  • ~50% of Lab participating companies sourced through co-investor VC network (very high quality)
  • 90+ multistage VC’s in ecosystem
Sourcing

Lab Portfolio Highlights

See Full Lab Portfolio

About the General Partners

Jim Brisimitzis is the founder and visionary of the 5G Open Innovation Lab. Prior to founding the Lab, Jim’s decades-long career in technology included 13 years at Microsoft, where he developed and led Microsoft for Startups program.  Jim worked closely with most of the major accelerators across North America including Y Combinator, Techstars, 1776, and 1871, in addition to mentoring dozens of startups. His investing career includes Co- leading Microsoft’s very successful investment into CloudFlare (NET) series C round.

Kevin Ober’s extensive and successful investing career includes a seven-year stint at Vulcan Capital (Microsoft co-founder Paul Allen’s Family Office), where he invested $80 million that generated $647 million, an 8x return. Notable exits Kevin generated in the Vulcan portfolio include a 106x return on his investment in Internap Network Services Corporation, a 10x return on his investment in Capstone Turbine, and an 8X return on his investment in Nexabit Networks.

After his tenure at Vulcan Capital, Kevin founded Divergent Venture Partners, a firm with four funds spanning 15 years.  He invested $13 million of the firm's $27 million in 10 companies, returning $24 million, or 1.9x invested capital. Notable winners in the Divergent portfolio include Flashsoft—an 8.5x return investment, Pliant Technologies—a 6x return investment, and PushSpring—a 1.8x return investment

Invest Request More Info

For more information and a copy of the investment deck:

Apply Today

Media Inquiries

General Inquiries

Sign up for our newsletter!
5G Technology website made with Invisible Ink