Although we may choose to
invest at any stage of a company's development, we believe
that early-stage investments are the best opportunity to
leverage our value-added capabilities.
We look for companies with:
defined market opportunities,
and proprietary technology, and
experienced core CTO with proven effectiveness.
Prometheus target companies
which should have the potential to attain leadership positions
in fast-growing market segments of $50 million or more.
Prometheus will typically invest between $500,000 and $2
million, either alone or as part of a syndicate; if additional
investment is required, we will participate in all subsequent
financing. When an investment syndicate is formed for a
company in Australia, we are able and willing to act as the
local lead for angels and venture capital firms outside of the
Since our interest is targeted
at maximizing technology leverage, we will not invest
in retail, franchise, or distribution companies. We also will not
invest in real estate, oil and gas, or financial services. We
may choose to invest in service companies that have a strong
technology component and the opportunity to create proprietary
intellectual property. By focusing on major technology
innovations, we anticipate developing new leading companies in
our target sectors.