Astor Perkins is pleased to announce the launch of its next fund of $100M, allowing for bigger investments in sustainability, climate tech, space, quantum computing, longevity, autonomy, and deep tech startups. They are aiming for the first close in Q1/Q2 of this year.
Astor Perkins is a deep tech and sustainability venture capital firm that backs mavericks solving some of the hardest problems facing humanity on Earth and in space.
Astor Perkins’ managing partner has been featured in TIME, Forbes, USA Today, Washington Post, WIRED, Techcrunch, CBS, Inc., IEEE, Pew Research, and Costco Connection. Astor Perkins is considered one of the best VCs within the deep tech and sustainability category.
The VC fund is backed by some of the most reputable LPs, including former CXO of JP Morgan and other Wall Street firms, legacy family offices, and institutional investors.
Astor Perkins has a portfolio of unicorn startups, including D-Orbit (Nasdaq: DOBT), which announced plans to go public through a merger with a special purpose acquisition company that values the in-space transportation and logistics company at $1.28B. They will trade on Nasdaq under DOBT. Later this year, Astor Perkins is expecting two additional exits, one via an IPO and another via M&A.
The fund is 5x multiple in unrealized returns and IRR of 300%. Additionally, 50% of founders are women. 38% are minority founders. 100% of founders are committed to climate change. 63% are directly or indirectly developing sustainability supporting tech.
Astor Perkins differentiation:
- Tier 1 VC quality. Astor Perkins syndicates alongside tier 1 VCs such as Khosla, Bessemer, 8VC, Founders Fund, and MIT Engine.
- They are divergent thinkers who don’t invest in the same things that everyone else invests in.
- They are deep specialists in sectors not covered by others such as space, climate tech, quantum computing, longevity, autonomy, and deep tech.
- They believe that liquidity is king. They invest across stages so that our LPs see exits in 1 – 3 years, 5 – 7 years, and 7+ years with varying risk-reward characteristics.
