Lateral Capital Ventures (LCV) is a boutique technical venture capital investment firm specialising in high growth, strategic investments through a portfolio of Seed, Series A to B, Mezzanine level and pre ASX listing technology companies. Our main focus is to provide high shareholder returns by investing at the right entry level, assist the founders and management on executing their performance milestones, then exit within a pre-planned window.
Leveraging off a 30 plus year old technology agency, Lateral, our industry expertise and proven track record of commercial acumen has become the foundation blocks to identifying the correct technology to the correct industry, to either disrupt the traditional “bricks and mortar business” or to provide a high shareholder return.
This capability has become a great asset as Lateral are already doing the technical due diligence on over 60% of the pre ASX listing ventures. Our reputation and niche skill set has also brought exclusive opportunities, not available to the retail or wholesale capital market which has provided great equity returns to our investment community. This coupled with the extensive network the LCV Directors have in the Australian investment community gives LCV unique access to a vast range of technology opportunities. However, without adequate funding, even great innovations with the potential for success struggle to navigate from concept to actually building, testing, marketing and running profitably.
Our aim is to build an organisation capable of rapidly identifying, validating, investing and building high potential tech projects to bring them to a successful listing on the Australian and international capital markets. We achieve this by supporting tech companies with a structured, technical capability, supported by a strong marketing, business development and public/ investor relations platform, to increase the chance of successfully delivering to the market and shareholders.
LCV is a venture capital firm located in Australia, founded by local entrepreneurs who have a great market intelligence on the local investment and technology scene.
HIGH QUALITY INVESTMENTS
LCV has substantial deal flow and exclusive access to high growth investment opportunities in the technology sector providing significant opportunities for sophisticated shareholders.
LCV is the Special Purpose Vehicle to invest directly into technology companies, not withstanding, traditional ‘bricks and mortar’ businesses who wish to transform into a digital company to maximise their current assets and workflow.
MULTIPLE EXIT STRATERGIES
Targeting flexible returns to shareholders over time by value creation, dividends, capital returns and share sales (exits).
MEET THE TEAM
Tommy Shin | CEO and Co-Founder
Tommy has over 15 years’ experience in business development, marketing, running businesses with multiple successful exits and acquisitions. His legal and business acumen has created a diverse network in Australia and Asia from early start ups to corporate and government accounts. In 2016, Tommy was a winner of the prestigious 40under40 award that recognises and celebrates Western Australia’s 40 leading business entrepreneurs under the age of 40. Tommy is currently the CEO of Lateral Capital Ventures, a boutique Venture Capital firm specialising in Tech investments. He is also the Executive Chairman at BluestorK Foundation, a non for profit charity helping orphans, Non Executive Chairman at Lateral, a custom software development company, Non Executive Chairman at Buzvil, Non Executive Chairman at Tamad Technologies, CEO at the National Currency eXchange, Investor Relations Officer at Eclipse Metals Ltd (EPM.ASX) and Council Member at the Australian Korean Business Council and Australian Digital Commerce Association.
Thushara Weerakody | Non Executive Director and Co-Founder
Thushara’s operational skills and knowledge of diverse technologies underscores more than 20 years’ experience in IT. He has worked throughout Europe, Asia and Africa on numerous international projects mostly focusing on strategy and project management of high profile IT projects. Thushara covers many areas of IT enabling him to effectively match business needs with technology solutions and manage successful delivery, making him a leader in the tech space. Thushara is passionate about helping businesses innovate, grow and change, adopting new, unique and disruptive technology. He is the Chief Executive Officer of Lateral, a boutique custom software development firm based in Perth specialising in bespoke web and enterprise grade application and software development to a range of private and ASX listed clients. He is also a Board Member of Safety House WA and Executive Director of National Currency eXchange.
David Tasker | Capital Markets & Co-Founder
David has extensive experience in Public Relations spanning 20 years' with a strong background in Investor Relations, Media Relations, Government Relations, Sponsorship Management and Community Liaison. In his role as the National Director, Investor Relations with PPR, David oversaw the growth of PPR’s engagement within the technology sector, including its investment in the hugely successful TechKnow Roadshow investor conference, held twice a year on the east coast of Australia, and the launch of the TechInvest Magazine, which identifies and promotes Australian technology companies, including start-ups, incubators, accelerators, entrepreneurs and ASX listed companies. David sits on the Advisory Board of the West Tech Fest technology/ innovation event held in Western Australia each December, and is also a Non Executive Director at International Goldfields Ltd (IGS.ASX), Executive Director at Hear Me Out Ltd (HMO.ASX) and Co-Founder of Metrix Publishing.
Tony Chong practices in the areas of corporate business services, FIRB and tax. Tony spent six years as head of tax and group counsel for a major corporate group, as well as operating in private legal practice. Tony was also a recipient of the prestigious 40under40. Through this experience, Tony offers an exceptional level of legal, accounting and tax knowledge, combined with a sound understanding of corporate structures and commercial imperatives and is a Senior Partner at Squire Patton Boggs, one of Perth’s prestigious law firms. Tony has specific interest in adding value to businesses and seeks to be a bridge between businesses in Australia and Asia. He has firsthand experience with commercial business and has numerous director positions on ASX listed and not for profit boards.
Tony Chong | Special Advisor to the Board
Phoebe Teo | Account Manager
Being in the corporate space for the past 7 years in companies like VISY, Huawei and AHG, Phoebe has gained good exposure and insight from different industries, specifically in technology. She joined Lateral Capital Ventures due to her passion in creative start-ups, technology and the investment industry. Having experience in cross border corporate incorporation and company share structuring enables her to find the best solution to suit investors.
Due to her experience across multiple industries ranging from traditional bricks and mortar to digital companies, her experience in marketing, procurement, client relationship management and customer engagement brings valuable skillset whether it is to analyse any upcoming LCV’s opportunities or to bring in strategic investors on board. As a bilingual speaker of Mandarin and English, she also has experience in connecting and establishing a strong relationship between Australia and the Asian markets.