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.

Failory's Top 5 Picks

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 Founded2006
FoundersChris Nave, Christopher Smith, Stephen Thompson
Total Funding$404.5M
IndustriesHealth & Wellness, Healthcare, Biotech
Investment StageEarly Stage, Late Stage, Private Equity, Seed
Nº of Investments76 (27 as Lead Investor)
Nº of Exits5 (1 IPO'd)
Top Portfolio StartupsElastagen, Spinifex Pharmaceuticals, Fibrotech Therapeutics
Contactinfo@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 Founded2013
FoundersJim Cassidy, Paul Naphtali
Total Funding$40M
Average Check Size$1M
IndustriesEnterprise, Fintech, Big Data & Analytics, Cybersecurity, AR & VR, Future of Work, Supply Chain & Logistics
Investment StageEarly Stage, Late Stage, Seed, Series A
Nº of Investments53 (14 as Lead Investor)
Nº of Exits5
Top Portfolio StartupsMx51, Amazingco, Mass Dynamics
Contactscott@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 Founded2004
FoundersFelix Zhang, Gilles Planté, Jeremy Colless, John McCartney, Luke Fay, Matthew Clunies-Ross
Total Funding$65.5M
Average Check Size$1.5M
IndustriesAgriculture, 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 StageEarly Stage, Late Stage, Seed, Series A, Pre-Seed
Nº of Investments604 (153 as Lead Investor)
Nº of Exits29 (5 IPO'd)
Top Portfolio StartupsHillridge Technology, Swoop Aero, 5B
Contact646 495 6018
Skalata Logo

4. Skalata

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 Founded2018
FoundersRohan Workman
Total Funding$50M
Average Check Size$200k
IndustriesAR & VR, Productivity, Education, Entertainment, Fintech, Health & Wellness, Travel & Hospitality, Supply Chain & Logistics, Marketplace, Proptech & Real Estate, SaaS, Crypto & Blockchain, E-Commerce, Agriculture
Investment StageEarly Stage, Seed
Nº of Investments73 (62 as Lead Investor)
Nº of Exits1
Top Portfolio StartupsStrength by Numbers, Tablogs, ParentalEQ
Contactinfo@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 Founded2020
FoundersBen Armstrong, Quentin Wallace, Rayn Ong
IndustriesSupply Chain & Logistics, Fintech, Food & Beverage, Marketplace, Health & Wellness, AI & ML, SaaS
Investment StageEarly Stage, Seed, Pre-Seed, Series A
Nº of Investments57 (10 as Lead Investor)
Nº of Exits1
Top Portfolio StartupsPearler, Fresh, Emesent
Contactportfolio@archangel.vc