A-Grade Investments LLC, a small early stage and seed investor based in the US, is about to open up to outside investors, according to a report on TechCrunch.
A-Grade’s move is news because one of its founders is Hollywood producer and film star, Ashton Kutcher. He created the venture fund with two other high profile Hollywood executives, Ron Burkle and Guy Oseary.
What’s interesting for DealMarket Digest readers is that it is one more example of the going-international trend amongst PE and VC investors. A-Grade, despite its size and location, has been international from the start.
Its investment portfolio has several European startups, such as Y-plan (London), Spotify (Sweden), Shazam (London), Soundcloud, and Amen, both founded in Berlin. The potential valuation for such companies, most of which are digital media and mobile plays, just went up a notch this week with Google reportedly offering more than a billion dollars for a tiny Israel-based Internet startup called Waze.