Cultivating the Next Generation of Innovation Leaders with Elysium Venture Capital
Fast growing venture capital fund Elysium was founded under the guiding principle that a single team can help bridge entrepreneurs in three continents: North America, Asia, Europe, and provide access to global markets and expertise. While being a boutique VC firm with only $100 million in assets under management, Elysium specializes in bringing together world-class experts to share their experience with the next generation of talented founders. Partners Peter Xu and Nikolai Oreshkin aim to make the fund the premiere destination for visionary founders to be connected with industry leaders.
Recent investors to join the fund include Francis Leung, the “Father of China Stocks,” and billionaire tycoon Silas Chou, who brought Michael Kors and Tommy Hilfiger from the shadows into prominence. With their international influence and record in listing public companies, the duo is an invaluable addition to a group of American and European industry leaders. Together with veteran entrepreneurs who have built tech giants, such as LinkedIn, TechCrunch, and eBay, these captains of industry are eager to utilize their diverse expertise to mentor visionary entrepreneurs. The fund leverages its limited partners’ experience to pass the torch of their success to the next generation and to pave the way for the innovators who follow in the tech giants’ footsteps.
Prior to joining Elysium, partner Peter Xu was the youngest team member of the first hedge fund founded by a team of senior managers sent by George Soros to Asia. He also led alternative investments at Galaxy Group. Over the last seven years, Nikolai Oreshkin has been involved in over 50 cross-border VC and M&A transactions valued at over $2.5 billion. Before moving to Silicon Valley, Nikolai got started in the technology business by founding one of the very first privately-owned internet service companies in Eastern Europe. Since Elysium’s inception, the fund’s team has shared cap tables with some of Silicon Valley’s leading venture firms. Some of Elysium’s largest first-check investments have since raised over $1 billion in follow-on funding.
The fund invests in entrepreneurs who drive innovation in a variety of verticals including artificial intelligence, fintech, and consumer technologies which have the potential to transform society at scale. Elysium specializes in startups looking to expand their businesses by leveraging international markets. At an early stage, the fund sources promising founders in Europe and Asia and brings them to the US for accelerated growth. At a later stage, the firm supports the now mid- and late-stage companies in entering global markets for financing and expansion.
Some of Elysium’s portfolio companies include Flo (the #1 ranked women’s healthcare app), Telegram, and influential AI companies such as Prisma Labs, Node, Knack, Alpaca, and Capture Technologies.
For more information on Elysium please visit Elysium.VC
