ED  Battle Born Venture


     Office Locations:

Las Vegas, NV
Phone: 702-486-2700



  • Early



  • Defense & Homeland Security
  • Food & Agriculture
  • Information Technology
  • Life Sciences & Healthcare
  • Manufacturing & Industrial
  • Sports & Entertainment
  • Transportation & Distribution



    Battle Born is an evergreen venture capital program, overseen by the Nevada Governor's Office of Economic Development (GOED) under the auspices of the US Treasury's State Small Business Credit Initiative (SSBCI). Battle Born invests in early stage Nevadan enterprises in the following sectors: aerospace & defense, agriculture, energy, healthcare, IT, logistics & operations, manufacturing, mining, tourism & gaming, water. It seeks a market return on investment, and proceeds from investments are reinvested into the program for the benefit of the citizens of the State of Nevada. After a detailed due diligence process, the US Treasury allocated $5 million to Battle Born, and approved GOED as the program manager and Nicola Kerslake of Newbean Capital as the investment manager as a sub-contractor to the Nevada Small Business Development Center (Nevada SBDC). The U.S. Treasury approved Karsten Heise of the Nevada Governor's Office of Economic Development (GOED) as Battle Born's program manager. Karsten Heise is the Technology Commercialization Director for the Nevada Governor's Office of Economic Development.

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Karsten Heise Program Manager
    Nicola Kerslake Investment Manager


    Portfolio companies include:

        web link


    Recent News:

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