WEDNESDAY, 25th SEPTEMBER 2019 MELBOURNE AUSTRALIA
Australian Sports Technologies Network (ASTN) is pleased to congratulate our Chief China representative, Mr Martin Ma who has been appointed to the Executive Leadership team of newly established Varcis Capital, an Asia-focused Sports Technology Investment and Advisory house. Martin’s recent assignment of his Chief representative letter with ASTN to VARCIS means that ASTN and VARCIS are now aligned and VARCIS is the exclusive ASTN representative for Greater China, Taiwan, Philippines, HK, Japan and Singapore (“territories”). Importantly, Mr Martin Ma will continue his leadership role through VARCIS as ASTN’s representative in the territories from 2019 to 2022.
“We congratulate Mr Martin Ma on his China appointment to the Board of Directors of Hong-Kong’s new Venture Capital Investment and Advisory firm, Varcis Capital (www.varcis.com), a game-changing partnership for Australian Sports Technology and Sports Digital companies and Australia’s sports organizations. The VARCIS appointment recognizes Martin’s 20+ years commitment to the China and wider Asia market. Martin’s executive appointment benefits all ASTN members with the expertise, investment capital and networks of Varcis Capital, who now become the world’s first Asia-focused Investment and Advisory house dedicated to Sports Technology, Sports Digital, Human Performance, Sports Business, Sports Innovation, Sports Equipment and eSports” said ASTN Chairman, Mr James Demetriou. “VARCIS is positioned to solve two missing parts of the Australia and Asia Sports Technology landscape – investment venture capital and a world-class distribution network. Asia has 62% of the world’s population across 48 countries – Asia is the next frontier in Sports Technology and Martin Ma will be showcasing Australia as a powerful cornerstone of the future Asia Sports Technology story”.
Mr Phillip King, Managing Partner of Varcis Capital, recently visited Melbourne as part of the 1500-person attendees at Australian Sports Technology Week in August 2019. “The Varcis Capital team were amazed at the sophisticated Sports Technology market in Australia. At VARCIS, we see our role as facilitating entrepreneurs and organizations that want to expand into Asia. We are focused on 8 key markets – China, Australia, India, Korea, Hong Kong, Philippines, Taiwan, Singapore and Japan – as core Asia markets for venture capital investment, deep relationships and M&A/IPO advisory expertise. Australia is undeniably a world-class best practice hub of Sports Technology and among the most advanced Sports Tech and Health Tech ecosystems in the world. We solve the gap that over 90% of the venture capital funds are based in the Americas – we think the Asia’s growth story is remarkable within Sports Technology, Health Technology and Human Performance. Varcis Capital was founded on the core belief that Asia’s 4.7 billion people will have a big role to play in the future intersection of sports, fitness, health, wellness and technology. There are plentiful opportunities for early-stage and Series A investments, local capital markets expertise and brand distribution in Asia-Pacific which can accelerate Asia as the world’s cornerstone of Sports Technology. We’re delighted to welcome Martin Ma to help unlock these exciting opportunities as part of the VARCIS team”.
ASTN’s commitment to Asia
In partnership with AusTrade and Victorian Government, ASTN is leading a number of important trade-focused missions for Sports and Sports Technology organizations into China, Japan and India over the coming months to support ASTN members growth and expansion into Asia’s international sports markets. Key dates:
- China Sports Technology Trade Mission – Wuzhen (October 2019)
- Japan Sports Technology Trade Mission (October 2019)
- India Sports Technology Trad Mission (March 2020)
- China Sports Technology Trade Mission – Wuzhen (April 2020)
For more information, please visit the ASTN website or contact Mr Justin Harman:
Brand and Communications Manager
T: +61 (0) 425 807 167 (Australia)
Australian Sports Technologies Network (ASTN) provides leadership in the commercialisation, development and promotion of Australian-inspired Sports Technologies. Established in 2012, ASTN is today a world-leading pioneer with over 500 organizations in its national network across the landscape of Sports Digital, Sports Research, Stadium/Venues, Media, Entertainment, eSports, Human Performance, Fan Engagement, Sports Data, Artificial Intelligence in Sports, Sports Equipment and Sports Smart Apparel and Sports Universities. ASTN’s mission is to help Australians scale and commercialise their technologies into international markets and assist universities and research institutions to commercialise projects. For further information, please visit www.astn.com.au
About Varcis Capital
Varcis Capital is the world’s first Asia-focused Sports Technology Investment and Advisory house. Created by a world-class leadership team, VARCIS combine elite sports experience, investment management and brand licensing, venture growth research and transaction advice. The Varcis Capital venture capital division will focus on $200,000 – $5,000,000 Seed and Series A investments into technologies in Sports, Fitness, Health, Wellness and Human Performance. The VARCIS global networks have access to tens of thousands of sports teams, leagues and organizations in Asia and internationally – as well as the world’s leading sports entrepreneurs and exciting young companies. VARCIS has unique access to China, India, Hong Kong, Australia, Korea, Singapore, Philippines and all 48 countries across the Asia region. Varcis Capital’s mission is to become Asia’s most trusted investor and partner for Sports Technology. For more information, please visit www.varcis.com