Startup Capital Ventures x SBI

Overview

Startup Capital Ventures x SBI Fund is an early-stage venture capital fund targeting capital-efficient B2B technology companies in sectors including FinTech, Enterprise & SaaS, CyberSecurity, and Deep Tech¹⁴⁶. It invests up to $2M per company, with initial investments of $500k to $1M, through syndicates, and backs experienced repeat entrepreneurs¹. The fund leverages the support of anchor investor SBI Holdings and has offices in Hawaiʻi and Silicon Valley, with its first close in September 2022¹².

History

Established as a venture capital firm with two prior funds, Startup Capital Ventures x SBI Fund launched its current fund with a first close in September 2022 and a 10-year term with possible extensions¹. It is managed by an experienced team including Managing Directors Thomas Toy (over 30 years in venture capital) and Donavan, with more than 50 years of combined VC and operating experience across the core team¹⁵. The fund builds on an existing pipeline of high-potential dealflow and invests in early-stage B2B tech via syndicates¹.

Notable Products

• Seed to Series A equity investments - Provides $500k to $2M in funding to capital-efficient B2B tech startups in FinTech, SaaS, CyberSecurity, and Deep Tech¹⁴

Reputation

Perceived as an operational early-stage VC fund with strong team experience and global anchor support from SBI Holdings, appealing to B2B tech founders seeking syndicate investments¹². Professionals note its focus on capital-efficient companies and repeat entrepreneurs as a targeted strategy¹⁶. Limited public data on exits or long-term performance due to recent launch in 2022¹³.