Indicative Terms
While each investment case is different, we strongly believes in transparency and management of expectations for all parties concerned to a deal. Below is a summary of general indicative terms and process followed by the Fund.
IXCEL – investment decisions subject to Investment Committee approval.
Flexible, founder‑aligned angel capital with governance discipline and hands‑on support
What we do: Provide seed and early‑stage capital and active governance to scaleable startups.
Ticket size: US$20,000 – US$1,000,000 initial investment.
Instruments: Ordinary equity, shares with basic liquidation preference, or convertible loans (we do not provide solely debt).
Send a one‑page executive summary and cap table to: invest@ixcel.co
“IXCEL EQUITY will invest between US$20k and US$1 million in its initial investment and is able to acquire upto 100% of the issued equity in any company receiving investment.”
“IXCEL EQUITY can invest in any combination of shares and loans (repayable or convertible), providing that other investors are investing on the same or largely the same terms; however, IXCEL EQUITY will not provide solely debt.
Why founders choose IXCEL
Founder alignment: Support for employee incentive schemes (EMI or equivalent) and governance that protects upside.
Speed + rigour: Investment Committee approval triggers a focused legal and compliance process; capped legal costs for the company.
Value add: Board observer rights as standard; experienced non‑exec placement where appropriate; active investor reporting and introductions.
Follow‑on optionality: Follow‑on investments considered subject to performance and Investment Committee approval.
Key investor protections & governance
Standard protections: Pre‑emption, tag/drag, transfer freedoms and anti‑dilution (most‑favoured investor position).
Reporting: Monthly management pack; annual headcount and performance metrics for fund reporting.
Conditions precedent: Robust KYC/AML checks and certified proof of founder commitments prior to completion.
Commercial & fee terms (high level)
Fund fee: One‑off fee of 2.5% of the Fund’s invested amount (for monitoring and reporting).
Legal costs: Typically capped (approx. US$5,000 + VAT) per investment.
Tranched investments: Supported where milestones and structure are agreed.
Ideal target profile
Seed / early‑growth companies with product‑market fit and scalable unit economics.
Founders seeking a governance‑minded partner who will actively support hiring, reporting and follow‑on capital strategy.