Elevia Multisectorial Venture Fund I

Partnering with Angels to Back Early Stage Innovation
MesoMat   Our Website
Small Business Technology
Current
Offer Type
Syndicate (SPV)
Maximum
Equity Offered
5.00 %
Maximum
Security Offered
50,000
Maximum
Raise Goal
$3,000,000
Minimum
Investment
$500
Maximum
Investment
$700,000
About This Offer

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Perks & Rewards
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About the Company
Special Purpose Vehicle Offering Terms This investment is only open to Accredited Investors, and immediate Friends, Family, and Close Business Associates of the issuer. To invest in Mesomat Inc. you will be investing via a Special Purpose Vehicle (SPV) and not investing directly. You will NOT appear on the cap table of the issuer. What is a Special Purpose Vehicle (SPV)? A Special Purpose Vehicle is a corporation or limited partnership formed for a specific purpose. In investing, a special purpose vehicle is typically used to allow smaller investors to pool their funds together in one company before then having that company invest in an underlying business. The purpose of the SPV is to allow the underlying business to have few investors on its cap table and to consolidate the management of multiple smaller investors outside the main company. SPV Name: Extra Innings Mesomat SPV Limited Partnership General Partner: 1001173547 Ontario Inc. Managed by: Equivesto & Extra Innings VC Additional fees for SPV: $8,000 up front fee to Equivesto Canada Inc. has been prepaid by Extra Innings VC but will be reimbursed by the SPV. The SPV will be charged a one time fee at closing of 2.5% of the funds raised by Equivesto Canada Inc. VC Carry: 20% of net proceeds at time of exit will be paid the Extra Innings Ventures GP Inc, via their Management Agreement with the SPV. SPV will invest all funds received directly into Mesomat Inc. Minimum Raise: N/A - There is no minimum raise requirement Target Raise: $100,000 for 100,000 Class B Units at $1.00 per Class B Unit. Round Final Close: June 30, 2025 (the issuer may chose to close funds earlier than this date, and may have multiple closings). Minimum investment amount: $10,000.00 Securities offered: Class B Units Please see Limited Partnership Agreement for full details of the structure of the SPV and the rights of the units.
The Management Team
Test 1
VP
Express Interest
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