Legal
Risk Disclosure
Early-stage investing carries substantial risk. Please read this disclosure carefully before investing.
Last updated 1 January 2026
1. Investing in startups is high risk
Investments in early-stage private companies are speculative and illiquid. You should only invest capital you can afford to lose entirely. Most early-stage companies fail.
2. Total loss of capital
You may lose the entire amount you invest. Past performance of any company, sector or of A2D Ventures itself is not indicative of future results.
3. Illiquidity
There is generally no secondary market for shares in private companies. You should assume that your investment cannot be sold or transferred for many years, if ever, and that A2D Ventures cannot guarantee any exit event.
4. Dilution
Companies typically raise further rounds of capital. Your shareholding may be significantly diluted, and later investors may hold rights that rank ahead of yours.
5. Limited information and no guarantees
Information provided on deal pages and in data rooms is supplied largely by the companies themselves. While A2D Ventures conducts a review process, we do not independently verify all information and make no representation as to its accuracy or completeness.
6. No investment advice
A2D Ventures does not provide investment, legal, tax or accounting advice, and does not make personal recommendations. You are solely responsible for your investment decisions and should seek independent professional advice.
7. Diversification
Early-stage investing should form only a small portion of a diversified portfolio. Concentrating capital in a small number of startups materially increases risk.
8. Regulatory and cross-border risk
Portfolio companies operate across multiple jurisdictions and may be affected by changes in law, regulation, taxation, currency controls and foreign exchange rates.