The Actarus Funds are a series of small, closed investment funds aimed at financing startups in the internet 2.0 sector. The funds were first started in 2001 and are capitalized by a number of angel investors including many of theglobe.com original investors. Stephan Paternot serves as the funds’ General Partner. Below are some of the companies the funds have invested in.

For more information email actarusfunds@paternot.com

Portfolio

www.badongo.com (funded in 2007)

Badongo is a one of the top trafficked “1-click upload” filehosting services.

www.dineromail.com (funded in 2006)

DineroMail replicates Paypal’s model in Latin America: Person to Person payments and Merchant Tools.

www.fetchback.com (funded in 2007)

Fetchaback is a pioneer in online ad retargeting: Bringing back the 98% of your website visitors who left without become customers.

www.magazineradar.com (funded in 2006)

Magazine Radar aims to deliver timelier, more complete research and data on the magazine advertising industry than is currently available, while customizing findings to the customer’s specific needs, creating an extremely high-value information service.

www.olx.com (funded in 2006)

OLX is the new Craigslist, providing free online classifieds services to allow users to trade their items, meet others, find an apartment, find a job, share their opinion and much more! OLXs over-arching goal is to provide a more local/regionalized service and significantly superior user experience to Craigslist, on a global level.

www.phanfare.com (funded in 2006)

Phanfare is a premium, ad-free online photo and video albums hosting business. The service aims to reduce the time and effort needed to create and share albums. Phanfare service was launched in early 2005.

www.pingg.com (funded in 2007)

Pingg is an Internet based, multi-channel event management, invitation and communication service for individuals and small businesses.

www.sonico.com (funded in 2008)

Sonico is a social networking site based in Argentina. Launched in early 2008, the site is already one of the top 50 most trafficked sites in the various Latin American markets.

www.zingy.com (funded in 2002. Exited in 2004)

Zingy is the leader in mobile media. The company licenses, creates, publishes and distributes leading products and services to mobile consumers around the world. Zingy is driving the mobile marketplace forward with a dynamic portfolio of offerings that allow people to express and entertain themselves, stay informed, and connect with others – all through a mobile device. Products include ringtones, ringbacks, wallpapers, games, and video, as well as information and community-based applications.