Grok Ventures
Sydney private investment firm of Mike and Annie Cannon-Brookes; in May 2022 it bought an 11.28% voting stake in AGL Energy to oppose the utility's demerger.
USEFUL FOR Co-investors
Family & background
- FAMILY
- Cannon-Brookes
- HEADQUARTERS
- Sydney, Australia
- FOUNDED
- 2016
Investment approach
- ROUTES
- Companies (own capital)
- STRATEGIES
- Direct investments
- LATEST DEAL
- AGL Energy (11.28% listed stake) · May 2022
Overview
Grok Ventures is the private investment firm of Mike Cannon-Brookes and his wife Annie, according to RenewEconomy. Grok Ventures is a registered business name of Canopy Collective Pty Ltd (ACN 616 170 542, ABN active since November 2016, Sydney), which also holds the Cannon-Brookes Collective and Cannon-Brookes Group names. In May 2022 Grok bought an 11.28% voting stake in AGL Energy, becoming its largest shareholder, to oppose AGL's demerger and push a faster exit from coal.
Holdings & investments (1)
- AGL EnergyClimate & Energy · since 2022
People
- Mike Cannon-BrookesPrincipal (with Annie Cannon-Brookes) · source
- Casey TaylorCEO of Cannon-Brookes Collective · source
Frequently asked questions
Grok Ventures is a single family office based in Sydney, Australia, founded in 2016.
Grok Ventures invests on behalf of the Cannon-Brookes family.
Grok Ventures invests its own capital into companies. Its stated asset mix includes direct investments.
Grok Ventures invests in Climate & Energy, Food & Agriculture, Mobility & Logistics and Fintech.
Key people at Grok Ventures include Mike Cannon-Brookes (Principal (with Annie Cannon-Brookes)) and Casey Taylor (CEO of Cannon-Brookes Collective).
Grok Ventures's holdings and investments include AGL Energy.
The most recent publicly reported investment by Grok Ventures is AGL Energy (11.28% listed stake), announced in May 2022.