About XT Ventures

XT Ventures is one of Australia’s first Venture Capital firms dedicated to sport and health. With a clear mission to foster innovation and positively redefine how people live, work, and play, XTV invests in cutting-edge businesses that drive impactful change across these sectors.

XTV's strategy is defined by its focused approach, supporting companies from early-stage to late-stage. The firm maintains active involvement in its investments through board representation, unique preference shares, and strategic terms that enhance exit opportunities for highly favourable outcomes.

What truly sets XTV apart is its exclusive deal flow, supported by strategic alliances with Australia’s leading sporting bodies and health organisations like HCF. The firm’s leadership boasts extensive expertise in media, sport, health, and fund management, offering a distinct blend of operational and investment insights that create significant value for both portfolio companies and investors.

Beyond delivering strong financial returns, XTV provides its investors with unique experiential benefits. With a robust network and proven track record, XTV continues to shape the future of these industries on both a national and global scale.

XTV High Performance Fund I

XT Ventures is currently raising capital for its High Performance Fund I, targeting a final close at $50m.

The fund is targeting a 38% IRR (5x return multiple on invested capital in 5 years) through buy & build style private capital investing into Australian Series A+ Sport & Health businesses. The Fund builds in investment terms and strategies to achieve exits and liquid returns to investors.

The Sport & Health segments have strong tailwinds and offer prime investment potential due to their increasing demand for innovative solutions (i.e., increased need for new technology to support existing assets). The Fund will utilise an active & hands-on portfolio investment management focusing on stage and ownership stake profiles (i.e., Series A & 7-12% stake).

Investment Highlights

Untapped Market
Australia's SportsTech sector is valued at A$4.25 billion annually, experiencing a robust 11.8% year-on-year growth as new technologies enhance both on-field performance and off-field operations.
Meanwhile, the Australian health technology market was valued at A$2.5 billion in 2022 and is projected to grow at a 20.1% CAGR from 2022 to 2030, driven by increasing demand for innovative healthcare solutions.
With limited active investors in SportsTech and HealthTech in Australia, XTV is well-positioned to capitalise on this under-serviced market segment, offering a compelling return profile.
Proprietary Deal Flow & Rigorous DD
XTV adopts a highly focused sub-sector strategy with dedicated in-house origination capabilities, ensuring a strong pipeline of deal flow at attractive valuations. This is complemented by rigorous in-house due diligence with a strong team of experienced investment professionals, reinforced by XTV’s sector-specific expertise and proprietary venture partner network (20+ individuals).
As one of the only SportsTech investors in Australia, XTV benefits from unique access to deal flow through established relationships with the country’s largest sporting bodies. Similarly, XTV’s partnership with HCF offers unmatched entry into the HealthTech ecosystem, unlocking exclusive opportunities within their global network.
Hands-On Portfolio Management
XT Ventures adopts an active partnership approach, leveraging deep sector expertise alongside the operational and top-tier investment experience of its leadership and investment team.
XTV has a proven track record of delivering value to its portfolio, evidenced by the appointment of one of its venture partners as CEO of a portfolio company, which resulted in a 6% increase in valuation.
Expert Team & Network
The XT Ventures leadership team boasts extensive experience across media, health, sport, and multi-asset fund management, including direct private equity and venture capital expertise.

Craig Lambert (Managing Partner) has a strong track record, having managed the Slingshot Venture Fund previously, generating 10 exits and an IPO in the last 18 months at globally top quartile return rates;

James Warburton (Chairman) brings over 25 years of senior executive experience, most recently serving as CEO of Seven West Media. Past roles include CEO at APN Outdoor, CEO at Supercars and CEO at Network Ten.

Sheena Jack (CEO of HCF) and Eric Chan (Managing Director of AURA Group) further reinforce XTV’s world-class leadership team, contributing a wealth of relevant industry knowledge and expertise.

Disclaimer

This information has been prepared by Equitise (CAR) and it is for general information purposes only and is not intended to promote or recommend any particular product or services offered by Equitise.

This information does not take into account the objectives, financial situation or needs of any investor. Before making an investment decision, investors should read the relevant offer document and (if appropriate) seek professional advice to determine whether the investment is suitable for them. This information is intended only for wholesale clients within the meaning of s761G and s761GA of the Corporations Act 2001 (Cth)