Access to elite private companies like xAI, SpaceX, and Perplexity has long been limited to top-tier venture firms and institutional investors. That’s changing.

The Witz Ventures Multi-Asset SPV, now available on Republic, gives accredited investors exposure to some of the most sought-after private tech companies in the world, while also including diversified early-stage exposure through The Cashmere Fund.

The SPV, curated by investor, entrepreneur and financial creator Austin Hankwitz and his business partner Christian Blackwell, combines late-stage, category-defining businesses with a professionally managed portfolio of emerging innovators, offering investors the chance to participate in the full venture life cycle, from Pre-Seed to Pre-IPO.

The Opportunity: A Barbell Portfolio for the Modern Investor 

This SPV intends to provide access to allocations spanning from Pre-Seed to Pre-IPO: 

• 50% exposure to late-stage leaders: xAI, SpaceX, and Perplexity (~17% each), companies defining the next era of AI and infrastructure. 
• 50% exposure to early-stage diversification through The Cashmere Fund’s portfolio of 38 emerging consumer and technology companies, including names like Graza, MrBeast’s Beast Industries, and De Soi by Katy Perry. 

It’s a structure that balances the explosive potential of early innovation with the durability and growth of mature category leaders. For most investors, this kind of exposure, spanning pre-seed to pre-IPO, has historically been reserved for top-tier VC funds managing billions in assets.

Learn more and explore the offering on Republic →

Why This Collaboration Matters 

Venture capital remains one of the best-performing asset classes, yet access has historically been limited. This SPV expands that access by leveraging Republic’s digital platform to reach a wider audience, which allows investors to participate with lower minimums and simplified onboarding.

For Cashmere, inclusion in this offering underscores the growing demand for diversified, professionally managed early-stage exposure within broader private-market products. Our fund represents the early-stage half of the SPV’s "barbell,” complementing the late-stage allocations in foundational tech leaders.

The Bigger Picture: Democratizing Private Market Access

Venture capital has long outperformed public markets, but access has remained concentrated. With companies staying private for 10 to 12 years before going public, the majority of value creation now happens before the IPO.

By combining early- and late-stage allocations in a single vehicle, this SPV introduces a more balanced way for individuals to invest in innovation. It aligns with a broader shift toward opening private markets to more investors – a mission that Cashmere continues to champion through its own fund structure and educational content.

Said Cashmere CEO Elia Infascelli: “We’re excited to see our portfolio play a role in broadening access to private markets. Opportunities like this help bridge the gap between early-stage innovation and established category leaders – something investors rarely get to experience in a single investment.” 

This SPV represents more than a single deal. It’s the continuation of Cashmere’s mission: to make venture capital transparent, inclusive, and within reach of the modern investor.

Learn more and explore the offering on Republic →

This communication and its contents are for informational purposes only and do not constitute an offer to sell or a solicitation of an offer to buy shares of the Cashmere Fund (the “Fund”). The Fund is managed by Sweater Industries LLC (“Sweater”) as the investment adviser and Forma Cashmere LLC (“Forma Cashmere”) as the sub-adviser. Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. The prospectus contains this and other information about the Fund and can be obtained by calling 1-888-577-7987 or by visiting the Fund's website at https://www.thecashmerefund.com. Please read the prospectus carefully before investing. All investments involve risks, and past performance is no guarantee of future results. The content herein is for informational and educational purposes only and should not be construed as investment advice or an offer or solicitation with respect to any products or services for any persons who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile, or residence.

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