Elysium VC Comes Out of Stealth with $100M in AUM

Fast-growing venture capital fund Elysium has recently come out of stealth after leading a round of financing in Flo – the #1 ranked women’s healthcare app in the US by MAU, now valued at $230 million.

Being a boutique venture firm, Elysium specializes in bringing together global tech leaders to share their experience and pass the secret of their success to the next generation. Some of the latest investors to join the fund include Francis Leung, the “Father of China Stocks,” and billionaire tycoon Silas Chou, who brought Michael Kors and Tommy Hilfiger from the shadow to prominence. Together with veteran entrepreneurs who have built tech giants, such as LinkedIn, TechCrunch and eBay, these global tech leaders are able to utilize their experience in supporting up-and-coming entrepreneurs.

Elysium is managed by Peter Xu and Nikolai Oreshkin. Before joining Elysium, Peter was the youngest member of the first hedge fund founded by a team of senior managers sent by George Soros in Asia. He also led alternative investments at Galaxy Group. Nikolai has been involved in over a hundred cross-border venture and M&A transactions valued at over $2.5 billion. Before moving to Silicon Valley, he founded one of the very first privately-owned internet service companies in Eastern Europe. The team itself is composed of the top deal-sourcers from other venture funds, and some of their largest first-check investments have since gone on to raise $1 billion in follow-on funding.

The fund invests heavily in AI, financial, and consumer technologies that have the potential to transform society at scale. Some of Elysium’s portfolio companies include Telegram Open Network – One of the world’s largest messaging and financial payment networks that raised $1.7 billion in 2018 and influential AI companies, such as Prisma, Node, Knack, Alpaca, Acquired.io and Capture Technologies.

With today’s tech luminaries guiding the next generation of entrepreneurs, the future holds much for Elysium and its all-star backers.

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