MILLERIA is very selective and invests in about one in several hundred opportunities. We look for financial services (typically software) projects, rapidly growing markets, exceptional business plans or management teams or innovative investment strategies or financial services.

Obtaining venture capital is different from raising debt or applying for a business loan from a bank or private lender. First, lenders have a legal right to an interest on and repayment of debt irrespectively of if business is a success or a failure. Second, venture capital is provided in exchange for shares in the startup. As a shareholder, MILLERIA return is earned when we make an exit by selling our shares when the business is sold to another owner or to the public.

Investments in startups are illiquid, and require an extended time frame to harvest. Therefore, MILLERIA will carry out a detailed due diligence prior to any investment. In order to increase the likelihood of success, MILLERIA will prefer to incubate the business in which it invests.

MILLERIA offers the first three of the six venture capital financing rounds below, corresponding to stages in the development of the client company. The Second- to Fourth-Round is pitched either to our backers or to other VC companies.

• Seed Money

Low level financing needed to prove a new idea, and crowd funding as an option for seed money.

• Start-up

Early stage firms need start-up funding for expenses associated with marketing and service development.

• First-Round

The first financing round finances early trading capital and/or servicing funds.

• Second-Round

The first financing round finances the trading capital for early stage hedge funds and working capital for financial service companies that are selling a service or product, but not yet turning a profit.

• Third-Round

The so called Mezzanine financing, provides expansion money for a newly profitable hedge fund or financial sector service companies.

• Fourth-Round

The bridge financing, fourth financing round, is intended to finance the "going public" process.

Those who apply for the MILLERIA Venture Capital program will submit an application and a proper business plan which shows the ability of the client company to become self-sustaining by the end of two years.

For companies with a significant capital investment need, such as a hedge fund, it is possible to apply for a partner status which allows the hedge fund to remain nursed for an additional three years.

For more information, please email about the MILLERIA Venture Capital at xzhang@milleria.com.