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Spice VC

Disrupting the world of venture capital with the Blockchain.

Industry: Venture Capital Fund | Jurisdiction: Singapore

Pending

VCs invest in startups that disrupt industries and reinvent the world we live in, generating billions of dollars in the process. So it’s remarkable to see how the world of venture capital itself has remained untouched by technology for so many years.

Enter the blockchain.

SPiCE’s vision is to utilize blockchain technologies to disrupt the venture capital industry with the first truly liquid and inclusive VC fund, issuing regulatory-compliant securities tokens. SPiCE tokens will be trade able, and will entitle holders to 100% of net exit revenues.

SPiCE Fund Summary:

SPiCE aims to be one of the most active pre-round-A/ICO VC in EU and Israel, and become the
gatekeeper for the best companies in this critical stage in the life of start-ups, when they make the biggest
jump in value.
– Fund size up to $100M
– Three General Partners, a CTO, one Senior Associate, and a team of domain experts as advisors.
– Targeted number of investments: 28.
– The fund is designed as a 7 year fund: 3.5 years of new investments, and 3.5 years of follow up
investments and portfolio management.
– Typical investment: $1-2M, typical equity stake: 20-25%.
– We are open to investing in both types of startups, those opting for VC rounds and those opting
for an ICO/STO – whichever suits the specific company and market conditions best.
– We will follow up on successful A-Rounds and ICO/STOs, and will be open to taking both equity and
tokens when relevant.
– Projected geography split: 80% for companies in Israel and the UK, and 20% for the rest of
Europe. This may change over time.
– Management fee budget and other costs, equal to 2.5% per year on average across the life of
the fund (higher initially, to account for the initial set up costs, and coming down over the years).
– Carried interest to general partners at 15% to be only paid after 100% of the fund investment
returned by exits.
– Token allocation of 7.5% for platform development, partners, employees and advisors.
– Token allocation of 7.5% to general partners with a vesting period of 3 years.

White Paper

Presentation Deck

Offering Memorandum

8.00

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Token Sale

Private Sale Start
Private Sale End
Token Supply
Price

Pre-Sale Start
Pre-Sale End
Token Supply
Price

STO Sale Start
STO Sale End
Token Supply
Price

Accepted Currencies
Offering Size
Minimum Investment

Token Details

Token Name SPICE TOKEN
Token Symbol SPICE
Token Price 1.37
Blockchain Platform Ethereum
Issuance Platform Pending
Standard ERC20
Contract Address
Token Symbol SPICE
Registration Country United States
Restriction - KYC No
Restriction - Whitelist No

Offering Details

Offering Type Equity Interest
Offering Memorandum Click to view
Token Benefits & Rights: Equity Ownership, Profit Share Right

Offering Terms Description:

Token Distribution Details:

Proceeds Allocation:

From time to time, when there is a realization of an exit in one of the investments, SPiCE Venture Capital
will return this money (minus fees and costs associated to with trade sale that lead to the exit) to its token
holders. Our goal is to be as transparent as possible as to how returns will happen and return as much
money as possible to token holders without impacting the open market price of the tokens.
Once a realization in the portfolio happens, the net realized gains (the full realized gain minus expenses
related to the realization) will be distributed as follows:
- Until 100% of the original size of the fund is returned, 100% of the net realized money from any
exit will be used to buy back tokens from token holders.
Only after token holders have received 100% of the original size of the funds, the remaining will be
distributed as follows:
- 15% will go to the general partner’s management company as the carried interest to be
distributed to general partners as a success fee.
- 85% will be used to buy back tokens from token holders.

Company Profile

Corporation Name SPiCE Venture Capital Pte Ltd
Company Type Corporation
Country of Incorporation Singapore
Date of Incorporation

Address:

55 BUSTANAI STREET

RAMAT HASHARON,
Israel

Phone 19725424284
Email

Company Verifications

CIK# 0001720284
CRD#
SEC# https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001720284
CUSIP#
ISIN#

SEC EDGAR Link: Click to view

Company Management

Name	Title	Linkedin
CARLOS DOMINGO	Managing Partner
TAL ELYASHIV	Managing Partner
AMI BEN DAVID	Managing Partner

Advisors

Name	Title	Linkedin
BRENDAN EICH	Inventor of Javascript, Founder of Mozilla, Brave
EYAL HERZOG	Co-founder and architect of Bancor
LOIC LE MEUR	Co-founder of Le-web and Leading investor
NIMROD LEHAVI	Co-Founder & CEO of Simplex