Newbean Capital is a registered investment adviser that manages early stage venture capital mandates on behalf of institutional clients, and has a particular interest in indoor agriculture.
OUR CONTACT INFO
1 East Liberty St, #610,
Reno, NV 89501
Directions to Office:
-From eastbound I-80, take exit 13, marked for N. Sierra St./Virginia St.
-Take a right on N. Sierra St., then take a right on E. Liberty after 0.9 miles.
-We are located on the left, in the US Bank building on the corner of South Virginia St & East Liberty St.
-There's marked visitor parking in the lot next to Starbucks.
DROP US A LINE
From I-80 :
Take Sierra St./Virginia St. Exit.
Head South on Virginia St. for 1 mile. Take a left on Ryland.
We are located in the US Bank building - Suite 600.
HOW CAN WE HELP?
Here's what we can help with:
-Partnerships; we're always happy to meet with new institutional co-investors and deal sourcing partners for our projects
-Media Inquiries; please drop us a line through our contact form, or call at 775.623.7116 if you have an immediate deadline
Here's what we can't help with:
-We're not Brokers; we can't make introductions to other investors nor advise you on your fund raise or likelihood of securing funding through one of our projects. We are not currently making investments in pre-revenue indoor farms.
-Project Information; if you're looking for information on our projects please head over to their respective websites: Indoor Ag-Con, Battle Born Venture. You can also apply to Battle Born Venture through its site.
ABOUT NEWBEAN CAPITAL
Newbean Capital is a registered investment adviser that manages early stage venture capital mandates on behalf of institutional clients. It has a particular interest in agriculture, including hosting Indoor Ag-Con, events that focus on growing produce in hydroponic, aquaponic and aeroponic systems. Now in its third year, Indoor Ag-Con features industry-leading speakers from companies such as US Foods and Caesars Entertainment, and is sponsored by corporates ranging from Philips to Whole Foods Market.
Newbean Capital’s founder - Nicola Kerslake - has spent close to 20 years in real assets investments in Europe, Asia and the US. After spending time as a rated equity analyst at ABN Amro Hoare Govett in London, she led a team of equity analysts in Asia, achieving top 3 ratings in independent analyst rankings. In the US, she has managed hedge fund portfolios at a subsidiary of the Monitor Group and managed and established private equity and real asset platforms for SEI Investments. Her coverage sectors have included traditional and renewable energy, chemicals, water, agriculture, farmland, and forestland.
From 2009 until early 2013, Nicola worked with a technology commercialization non-profit, eventually being promoted to Vice President leading a team of professionals. She worked with government entities, academic institutions, national labs (LBNL, LANL) and private companies to commercialize their technologies, advance their business plans, and aid them in seeking funding. She introduced the first Cleantech Open chapter in Nevada, and the first Startup Weekends in Reno and rural Nevada.
A graduate with honors of Magdalen College, Oxford, where she studied politics, philosophy and economics, Nicola also holds Chartered Financial Analyst (CFA) and Chartered Alternative Investment Analyst (CAIA) qualifications. Her work has been featured in leading financial media, including the Wall Street Journal and Financial Times, and she speaks regularly at industry conferences.
“RENO IS A LITTLE CITY WITH A BIG PLAN -- TO BECOME THE STARTUP CAPITAL OF THE WEST. AND THEY'RE DOING IT ONLINE, BY OFFERING INCENTIVES, BUSINESS PLANNING, AND FUNDING TO ENTREPRENEURS RIGHT ON THEIR CITY'S OFFICIAL WEBSITE.”
RENO ACCELERATOR FUND
The Reno Accelerator Fund supported early stage entrepreneurs, and the accelerators that encourage them, through convertible note investments. Its primary goal was to create high quality jobs.
Funded by federal funds from through a longstanding United States Department of Housing and Urban Development program, the Reno Accelerator Fund ran through the end of June 2015.
Newbean Capital managed the program on behalf of the City of Reno.
“THE ACCELERATOR FUND MIGHT BE THE SEXIEST THING THE CITY IS DOING TO BOOST STARTUPS"
Indoor Ag-Con hosts events about indoor agriculture; growing produce and raising fish in greenhouses, warehouses and containers using hydroponic, aquaponic and aeroponic technologies. Our events unite farmers, growers, chefs, technology geeks, suppliers, advocates and enthusiasts. We have welcomed participants from as far afield as Sweden, Israel and India, and sponsors have included multinational firms such as Philips and Whole Foods Market. Our work with sponsors has landed them prestigious coverage, such as in Fast Company and Bloomberg BusinessWeek.
NEVADA RESOURCE DIRECTORY
The Nevada Resource Directory lists more than 150 funding and mentoring resources that may be of use to Nevadan entrepreneurs. The directory is searchable by location and keyword.
It is compiled and maintained by Newbean Capital as a courtesy to Nevada's startup community.
BATTLE BORN VENTURE
Battle Born Venture is Nevada’s state venture capital program. It makes equity investments in early stage, high growth Nevadan enterprises. It is overseen by the Nevada Governor’s Office of Economic Development under the auspices of the US Treasury’s State Small Business Credit Initiative. It invests alongside institutional firms, such as, Greycroft Partners and 500 Startups, and has appeared in national media, such as the Wall Street Journal, Entrepreneur Magazine and TechCrunch. The fund saw its first exit in early 2018. Newbean Capital is the investment manager for the program.