
Atlassian co-founder Scott Farquhar and his wife Kim Jackson have set up a new infrastructure fund through their Skip Capital. The fund will have a volume of 100 million USD a year and focus on next-generation infrastructure.Skip Capital is a large venture capital investorSkip Capital has heavily invested in startups and venture capital in 2020 with a volume of around 100 million USD. Prominent investments include Australian design startup Canva which is currently valued at over 40 billion dollars, fintech Airwallex, and workplace safety platform SafetyCulture. The company has also invested in many more startups in Australia and around the world. Kim Jackson said in an interview that a big difference between conventional venture capital firms and Skip Capital’s funds is that Skip could invest at any stage of the growth process and could also invest in listed equities and investments abroad. New fund will have a broader focusThe new infrastructure fund will focus on solar energy, innovative infrastructure, recycling and aged care. Skip has already partnered with Solar Bay, a large renewable energy impact investment fund with the intention to investing in multiple renewable energy projects. Furthermore the company has invested in several greenhouse and data infrastructure assets in the United States. The recycling business will be another huge focus of the new fund. As China has stopped accepting Australia’s low grade waste the country has to look at other innovative options and this is where Skip Capital sees a huge potential for future investments.
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