Melbourne's startup community is growing fast, and its venture capital firms are keeping pace. Some funds are quite active, like Artesian VC with over 600 investments, while others such as Brandon Capital focus on specific sectors like life sciences.
With so much going on, it can be tough to know where to start your fundraising journey. We've narrowed down the field to help you find the right partners for your business.
Below is our list of the best 5 VC firms in Melbourne.
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Buy It For $97 $297 →Brandon Capital invests in Australian and New Zealand life science ventures, supporting them from early proof-of-concept through to commercialization. They work closely with entrepreneurs to build their businesses, creating value for founders while generating returns for Australia's leading superannuation funds.
| Year Founded | 2006 |
| Founders | Chris Nave, Christopher Smith, Stephen Thompson |
| Total Funding | $404.5M |
| Industries | Health & Wellness, Healthcare, Biotech |
| Investment Stage | Early Stage, Late Stage, Private Equity, Seed |
| Nº of Investments | 76 (27 as Lead Investor) |
| Nº of Exits | 5 (1 IPO'd) |
| Top Portfolio Startups | Elastagen, Spinifex Pharmaceuticals, Fibrotech Therapeutics |
| Contact | info@brandoncapital.com.au / +61 3 9657 0700 |
Rampersand backs Australia's most promising technology founders at the early stages, aiming to help them scale into global leaders. The team provides hands-on guidance, drawing from deep international experience and a history of guiding companies like Snaptu and Onavo to successful exits.
| Year Founded | 2013 |
| Founders | Jim Cassidy, Paul Naphtali |
| Total Funding | $40M |
| Average Check Size | $1M |
| Industries | Enterprise, Fintech, Big Data & Analytics, Cybersecurity, AR & VR, Future of Work, Supply Chain & Logistics |
| Investment Stage | Early Stage, Late Stage, Seed, Series A |
| Nº of Investments | 53 (14 as Lead Investor) |
| Nº of Exits | 5 |
| Top Portfolio Startups | Mx51, Amazingco, Mass Dynamics |
| Contact | scott@rampersand.com |
Spun out of ANZ Bank, Artesian Capital Management now backs seed and early-stage startups by partnering with a global network of accelerators, incubators, and university programs. The firm manages specialized funds across Australia, China, and Southeast Asia, investing in a broad range of industries from agriculture and AI to fintech.
| Year Founded | 2004 |
| Founders | Felix Zhang, Gilles Planté, Jeremy Colless, John McCartney, Luke Fay, Matthew Clunies-Ross |
| Total Funding | $65.5M |
| Average Check Size | $1.5M |
| Industries | Agriculture, AI & ML, Climate & Sustainability, IoT, Robotics, E-Commerce, Healthcare, Crypto & Blockchain, Hardware, Supply Chain & Logistics, Education, Fintech, Food & Beverage, Gaming, Entertainment, Human Resources, Marketing, Advertising, Social |
| Investment Stage | Early Stage, Late Stage, Seed, Series A, Pre-Seed |
| Nº of Investments | 604 (153 as Lead Investor) |
| Nº of Exits | 29 (5 IPO'd) |
| Top Portfolio Startups | Hillridge Technology, Swoop Aero, 5B |
| Contact | 646 495 6018 |
Skalata backs Australian seed-stage startups with capital and access to networks, helping them navigate the challenging early phases of growth. They distinguish themselves by investing more time in direct coaching and hands-on support than any other VC in Australia, focusing on building founder capabilities for long-term success.
| Year Founded | 2018 |
| Founders | Rohan Workman |
| Total Funding | $50M |
| Average Check Size | $200k |
| Industries | AR & VR, Productivity, Education, Entertainment, Fintech, Health & Wellness, Travel & Hospitality, Supply Chain & Logistics, Marketplace, Proptech & Real Estate, SaaS, Crypto & Blockchain, E-Commerce, Agriculture |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 73 (62 as Lead Investor) |
| Nº of Exits | 1 |
| Top Portfolio Startups | Strength by Numbers, Tablogs, ParentalEQ |
| Contact | info@skalata.co |
Archangel Ventures champions Australian technology founders by providing capital at the pre-seed and seed stages. Their team uses its experience in first-round investing to partner with startups, helping build successful companies in sectors like SaaS, AI, and Fintech.
| Year Founded | 2020 |
| Founders | Ben Armstrong, Quentin Wallace, Rayn Ong |
| Industries | Supply Chain & Logistics, Fintech, Food & Beverage, Marketplace, Health & Wellness, AI & ML, SaaS |
| Investment Stage | Early Stage, Seed, Pre-Seed, Series A |
| Nº of Investments | 57 (10 as Lead Investor) |
| Nº of Exits | 1 |
| Top Portfolio Startups | Pearler, Fresh, Emesent |
| Contact | portfolio@archangel.vc |