Spaceship was founded in 2016 with a vision to engage young people in actively building a strong and secure financial future. Spaceship’s investment ethos is centred on one core belief: Invest where the world is going.
On 18 December 2017, Spaceship Capital Limited (ABN 67 621 011 649) was granted by the Australian Securities and Investments Commission (ASIC) an Australian financial services licence (AFSL 501605), which allows us to act as the responsible entity of registered managed funds.
Spaceship Capital is a wholly owned subsidiary of Spaceship Financial Services (ABN 82 611 615 797) and its ultimate parent. The Spaceship Financial Services Board is responsible for the overall governance and strategic direction of Spaceship. It’s their role to ensure that we meet our obligations to our members, employees, regulators and shareholders.
“As of August 2017 an application was submitted with ASIC for an Australian Financial Services Licence (AFSL). The authorisations we sought allow us to act as the responsible entity of registered managed fund products and conduct a financial services business in Australia. On the 18th of December 2017 we were granted our AFSL licence, which was the beginning of Spaceship Voyager. In May 2018, we launched Spaceship Voyager which makes investing in a diversified portfolio simple, easy and affordable.”
Start-up superannuation fund Spaceship has closed the biggest fundraising round of 2017 so far, banking $50 million from backers including a stealthy new Silicon Valley venture capital fund, which counts former Prime Minister Julia Gillard as a board partner.
The fund, which has been a controversial entrant to the Australian super sector, promising to expose its clients to fast-growing global tech stocks, previously raised a $19.5 million funding round back in June and a $1.55 million round in July last year. It is understood to be growing its funds under management at a rate of $1 million per day, and is set to pass $150 million under management in the near future.
The fresh funding round is understood to have been from major existing investors, including Atlassian co-founder Mike Cannon-Brookes, who tipped in $3.5 million in addition to investments in Spaceships two earlier rounds.
The only new backer is intriguing new $US100 million US-based VC firm Amplo, which is run by 26-year old Sheel Tyle and lists Australia’s former prime minister as part of its “A-Team,” which also includes former Hillary Clinton innovation adviser Alec Ross, co-founder of stock trading app Robinhood Vlad Tenev and founder of dating app Bumble Whitney Wolfe.