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§ Venture Capital · 1805 West Avenue, Austin, TX 78701, USA
Shipwright SPAC I, LLC sponsors special purpose acquisition companies, notably Collective Growth Corporation (CGC), guiding high-growth technology firms public. This provides private enterprises a strategic pathway for capital access and liquidity. Their process emphasizes due diligence and partnerships, enabling selected companies to accelerate market expansion and technological development.
Collective Growth Corporation began in 2020, with Bruce Linton as Chairman and CEO, applying his experience to its strategic direction. The core insight was that innovative technology companies benefit from a streamlined route to public capitalization, bypassing IPO complexities. Shipwright SPAC I, LLC's sponsorship underscores its commitment to fostering these transformative market opportunities.
This model serves private technology firms, like Innoviz Technologies, granting crucial public market access and a platform for growth. Through its strategic efforts, Shipwright SPAC I, LLC envisions a future where promising private companies efficiently transition into established public entities, unlocking significant value for stakeholders and driving innovation.
Shipwright SPAC I has 1 tracked investment across 1 company. The latest tracked deal is $200.0M Other Equity in Innoviz Technologies in December 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 10, 2020 | Innoviz Technologies | $200.0M Other Equity | Antara Capital | Jonathan Sherman, Omer David Keilaf, Oren Buskila, Oren Rosenzweig, TIM Saunders, Wilson Kello, Zohar Zisapel, 2702933 Ontario, 2802932 Ontario, Amiti Ventures, Atidit Pension Fund, Champel Capital, Delek Motors, FCPI, Glory Ventures, GWW, Harel Insurance Investments & Financial Services, Integrated Dynamic Enterprises A, Lomsha, Magma Venture Partners, Perception Capital, Robolution Capital, Sino BLR Capital Management, Softbank Ventures Asia, The Linton Family Trust, The Phoenix Insurance Company, Tzava Hakeva Savings Fund Provident Fund Management Company, Vertex Ventures Israel |