Emerging Technologies Synergy Fund 1
A focused $20M vehicle investing at the intersection of Taiwan’s deep-tech ecosystem and global supply chain realignment
Ignition Fund 1 is Infinio Capital’s first institutional fund — deliberately sized to stay selective, lead rounds, and remain operationally close to every portfolio company. First close completed Q1 2024 at $5M. Actively deploying across four CET-aligned technology verticals.
Terms at a glance
Fund size
$20M
Ignition Fund 1
Target IRR
17%
Net to LPs
Hurdle rate
3%
Preferred return
Duration
7 yrs
5 + 2 extension
Management fee
2.5%
Annual
Carried interest
20%
Above hurdle
Max ticket size
$5M
Per company
First close
$5M
Completed Q1 2024
Why this size
$20M is a deliberate choice, not a limitation
Lead investor capability
At $5M max ticket, Infinio can lead or co-lead rounds — not just participate. Being a lead investor is what gives the GPs board seats, active advisory roles, and the ability to direct company strategy
Selectivity over diversification
A $20M fund with $5M max tickets implies 5–8 core positions — high conviction, concentrated exposure. This matches Infinio’s operator model: deep involvement with each company, not a passive portfolio of 30 bets
Speed of deployment
A smaller fund deploys faster and reaches the exit window sooner — critical for LP returns when the portfolio is pre-IPO stage companies with defined 2–3 year public market timelines
Return model
How Infinio generates the 17% target IRR
Invest at pre-public valuation — public listing creates the step-up in value. Nano Probe Card Co. targets 2026 IPO with a $2B+ TAM as the public market comparables floor
Infinio’s East–West operator network unlocks US and Asian revenue simultaneously — revenue multiples compound when portfolio companies open a second market during the hold period
US and Taiwan government mandates actively fund and preferentially source from the sectors Infinio invests in — reducing commercial risk and compressing the time-to-contract for portfolio companies
Strategic acquirers — US defense primes, Taiwan conglomerates, Japanese trading houses — are actively buying supply chain technology assets. Portfolio companies not pursuing IPO have a well-populated M&A buyer universe
LP value-add program
What LPs receive beyond the financial return
Monthly email updates
Tech startup developments across the portfolio — written for strategic LPs, not just financial reporting
Quarterly Zoom calls
Live updates on portfolio company performance, new investments under evaluation, and fund deployment status
Semi-annual meetings
In-person fund performance review — held in Los Angeles and Taiwan alternately to maximize LP accessibility across geographies
M&A and co-investment access
Introductions to portfolio companies as potential acquisition targets or strategic partners — directly aligned to LPs’ core business interests
Knowledge sessions
Curated briefings on specific technology trends or market shifts — Zoom or in-person, tailored to LP sector interests
CVC and accelerator program
Assist LPs in developing their own corporate venture or startup investment capabilities — using Infinio’s deal infrastructure and Taiwan ecosystem access
Deployment timeline
From first close to exit — the full fund lifecycle
COMPLETE
2024
First close $5M • Initial investments • Fund launch
ACTIVE NOW
2024–2026
Full close • Active deployment • Portfolio building • LP recruitment
PLANNED
2026–2028
Portfolio exits • IPO events • M&A realisations
EXTENSION
2029–2031
+2yr option • Final distributions • Fund wind-down