Andrew Rothery appointed to ATP Innovations board
SYDNEY, April 27th 2016 – Australia’s leading deep-technology incubator ATP Innovations has appointed well-respected private equity investor and venture capitalist, Andrew Rothery, as non-executive Chairman.
It is a significant announcement for the internationally recognised incubator jointly owned by four of Australia’s leading universities, UTS, UNSW, USYD and ANU. ATP Innovations hosts Sydney’s largest community of technology entrepreneurs within the National Innovation Centre, where more than 70 companies employ more than 350 staff.
As a co-founder of private equity firm Archer Capital, and a former chairman of the Australian Private Equity and Venture Capital Association (AVCAL), Mr Rothery comes with solid credentials.
ATP Innovations partners with “rich” technology-based businesses to provide the best possible opportunity of achieving commercial success. It has worked with more than 80 businesses since 2006, helping them raise more than $150 million in private equity, file 250 patents and trademarks, sell products across the globe, and for eight, sell their business.
ATP Innovations chief executive officer Petra Andren said Mr Rothery’s extensive experience gained from a long and successful career in private equity and venture capital would be invaluable to the incubator.
“He has a deep understanding of the tech start-up space,” Ms Andren said. Mr Rothery serves as a non-executive director on the boards of Koda Capital, Andreasens Green, and General Thinking. He also sits on the global advisory board and the Investment Committee of LeapFrog Investments, the advisory board of Blackbird Ventures, and the investment committee of the MLC Private Equity Program.
“I look forward to working closely with Andrew as we strive to create a supportive entrepreneurial ecosystem where innovation can thrive,” Ms Andren said. “We aim to identify and grow deep-technology businesses across industry verticals spanning life sciences, hardware and IT.”
Increased corporate and international engagement will also be a focus, Ms Andren said. ATP Innovations recently announced a partnership with Canadian university Ryerson and its incubator DMZ. Incubator rating agency UBI named DMZ as North America’s top incubator in 2015.
Mr Rothery’s appointment follows the retirement of Graham Cook, who served as non-executive chairman of the ATP Board for the past 12 years. Ms Andren acknowledged Mr Cook for his significant contribution.
“During Graham’s years of service with ATP Innovations the start-up ecosystem in Australia has experienced significant changes,” Ms Andren said. “Graham’s leadership and foresight were instrumental in evolving with those changes to achieve the success ATP Innovations has had to date.”
ATP Innovations works with researchers and entrepreneurs to help them raise capital, build a team, secure government grants, create new products, grow revenue and ultimately exit the business profitably.