"Access embraces disruptive thinking and big ideas."
— Eric Wu, CEO Opendoor
"Access supports moonshots and the companies that make them"
— Andy Rubin, Founder and CEO Essential
"We are very grateful for the support and partnership of Access."
— Evan Spiegel, CEO Snap
"Access is a great partner that delivers both financial resources and strategic value."
— Spotify
“Access supported us through our IPO and continues as a long-term public shareholder”
— Sarah Friar, CFO Square
Our Investments
Our Investment Philosophy
At Access Technology Ventures, our mandate is to be flexible, long-term partners to market-leading technology companies.
We seek to invest in and build foundational companies that touch millions of customers across the consumer and enterprise technology ecosystems.
Our Story
Access Technology Ventures is the $2+ billion venture capital and growth technology investment effort of Access Industries, a privately held, US-based industrial group with global strategic investments of $20+ billion. Our portfolio includes leading technology companies such as Alibaba, Facebook, Snapchat, Spotify, Square, Rocket Internet, Zalando, Digital Ocean, Opendoor, and Yelp.
Access Industries was founded in 1986 by Len Blavatnik, an American entrepreneur and philanthropist.
Access Industries invests in industries where it can maximize long-term value by developing regional and global market-leading companies. The group is headquartered in New York, with offices in London and Moscow.
In the News
CNBC
PayPal rival Adyen surges 90 percent in IPO with valuation topping $15 billion
June 13, 2018
Shares of Dutch fintech firm and PayPal rival Adyen surged nearly 90 percent on their first day of trade Wednesday in Amsterdam, in what is one of Europe's biggest technology initial public offerings (IPO) in recent times. More
Bloomberg
Opendoor Raises $325 Million to Expand Homebuying to 50 Markets
June 13, 2018
Opendoor, a startup that uses computer algorithms to buy and sell homes, has closed a new fundraising round in a bid to supercharge growth. More
Reuters
Ant Financial raises $14 billion in world’s largest-ever single fundraising
June 7, 2018
SHANGHAI/BEIJING (Reuters) - Ant Financial Services Group, operator of China’s biggest online payment platform, on Friday said it raised around $14 billion in what market watchers called the biggest-ever single fundraising globally by a private company. More
Fortune
Another Music-Streaming Service May Go Public in What Could Be One of Tech’s Largest-Ever IPOs
April 23, 2018
Can’t get enough of online music-streaming services’ IPOs? Well, in the wake of Spotify’s offering earlier this month, another one is probably on the way: that of Chinese rival Tencent Music. More
The Economist
Spotify makes its stockmarket debut
April 4, 2018
WHEN Spotify, a music-streaming service, went public on April 3rd, its founder, Daniel Ek, rang no bells on the trading floor of the New York Stock Exchange. Rather than the “pomp and circumstance” of an initial public offering, the Swedish firm, which is widely credited with turning round the fortunes of the music industry, opted for an unusual direct listing. More
Bloomberg
Alibaba Takes Control of Ele.me, at $9.5 Billion Value
April 2, 2018
Alibaba Group Holding Ltd. is buying full control of the startup Ele.me as it steps up efforts to expand in China’s fast-growing market for local delivery of food and other services. More
TechCrunch
Alibaba doubles down on Lazada with fresh $2B investment and new CEO
March 19, 2018
Alibaba is increasing its control of Lazada, its e-commerce marketplace in Southeast Asia it acquired control of in 2016, after it injected another $2 billion into the business and replaced its CEO with a long-standing Alibaba executive. More
TechCrunch
Tencent Music, Spotify’s strategic partner in China, is valued at over $12B
March 12, 2018
Spotify has finally filed to go public, and in doing so the Swedish company has shed light on another huge music company that has been tipped for IPO — Tencent Music — which is now valued at over $12 billion. More
The New York Times
Spotify Files to Go Public on the New York Stock Exchange
February 28, 2018
Spotify has already won over the music industry, and listeners worldwide, with an online streaming service that makes millions of songs instantly available. Now, it is ready to test its business model on Wall Street. More
Bloomberg
They’ll Help Take Your Home Off Your Hands—So You Can Buy One of Theirs
January 26, 2018
Lennar Corp. builds homes with 2-by-4s and nail guns. Opendoor uses computer algorithms to buy and sell them. For the past year, the companies have been testing a way to make it easier for Lennar’s customers to offload their houses and trade up to new ones.
More
The Real Deal
Opendoor raises $135M from Lennar Corp. and Fifth Wall fund for expansion
January 24, 2018
Funds will help expand Opendoor footprint and “trade-in” partnership with Lennar.
A San Francisco-based startup that helps people sell their old homes and simultaneously moves into new ones is partnering with Miami-based homebuilder Lennar Corp., and amassing real estate funding to more than double its footprint nationwide this year. More
Forbes
Opendoor Tops $1 Billion Annual Home Purchase Rate As It Expands To Orlando And Raleigh
October 17, 2017
Opendoor, which is working to upend the way that Americans buy and sell homes, is buying homes at a rate of $1.3 billion a year as it plans expansion to new cities and competition heats up. “That really shows that people are not only willing to sell their homes online, but they love the experience,” Opendoor cofounder and CEO Eric Wu told Forbes. More