Top 8 Venture Capital Firms in Melbourne in 2023

The venture capital ecosystem in Melbourne has undergone major growth over the last decade.

In this article, you will find some of the top venture capital firms in Melbourne investing across various sectors and industries.

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8 Venture Capital Firms in Melbourne

1) Artesian

Artesian is an international investment firm providing early to growth stage capital to technology companies.

Details of the VC firm:

• Country: Singapore, Australia, China, Indonesia, United Kingdom, USA
• City: Sydney, Adelaide, London, New York, Jakarta, Melbourne, Shanghai, Singapore
• Started in: 2004
• Founders: Jeremy Colless, Matthew Clunies-Ross, John Mccartney
• 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
• Stages: Seed, Series A, Pre-Seed
• Minimum check size: $750,000
• Maximum check size: $1,500,000
• Number of investments: 688
• Number of exits: 140
• Funds raised: $65,500,000
• 3 remarkable investments: Hillridge Technology, Swoop Aero, 5B

You can find their website here.

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2) Blackbird Ventures

Blackbird Ventures is an Australian-founded VC firm that invests in worldwide digital firms.

Details of the VC firm:

• Country: Australia, New Zealand
• City: Auckland, Melbourne, Sydney
• Started in: 2012
• Founders: Bill Bartee, Larry Marshall, Niki Scevak, Richard Baker
• Industries: Enterprise, Deep Tech & Hard Science, Healthcare, Hardware, Education, Consumer
• Stages: Seed, Early Stage, Growth, IPO
• Minimum check size: $150,000
• Maximum check size: $7,000,000
• Number of investments: 199
• Number of exits: 10
• Funds raised: $791,700,000
• 3 remarkable investments: Redbubble, Zoox, Lifx

You can find their website here.

You can send them an email at contact@blackbird.vc.

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3) Square Peg Capital

Square Peg is a venture capital firm that invests in emerging technology companies across the internet economy in Australia and New Zealand, Southeast Asia, and Israel.

Details of the VC firm:

• Country: Australia, Singapore, Israel
• City: Sydney, Melbourne, Singapore, Tel Aviv-Yafo
• Started in: 2012
• Founders: Barry Brott, Justin Liberman, Paul Bassat, Tony Holt
• Industries: Healthcare, Fintech, Consumer, Climate & Sustainability, SaaS, Cybersecurity, Marketplace, E-Commerce, Cloud, Enterprise, DTC, Education, Agriculture, Marketing
• Stages: Series A, Series B, Seed
• Maximum check size: $2,000,000
• Number of investments: 114
• Number of exits: 12
• Funds raised: $1,000,000,000
• 3 remarkable investments: Uber, Fiverr, PropertyGuru Group

You can find their website here.

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4) Telstra Ventures

Telstra Ventures invests in technological firms and provides them with synergy revenues.

Details of the VC firm:

• Country: USA, Australia, United Kingdom, China
• City: San Francisco, Sydney, Shanghai, Melbourne, London
• Started in: 2011
• Founders: Mark Sherman, Matthew Koertge
• Industries: Cloud, Consumer, Media, Internet & Mobile, SaaS, Fintech, Big Data & Analytics, IoT, Cybersecurity
• Stages: Early Stage, Late Stage
• Minimum check size: $3,000,000
• Maximum check size: $12,000,000
• Number of investments: 112
• Number of exits: 26
• Funds raised: $565,000,000
• 3 remarkable investments: Docusign, Crowdstrike, Gorilla Technology Group

You can find their website here.

You can send them an email at info@telstraventures.com.

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5) Skalata Ventures

Skalata Ventures provides capital, education and network access to Australian founders.

Details of the VC firm:

• Country: Australia
• City: Melbourne
• Started in: 2018
• Founders: Rohan Workman
• Industries: AR & VR, Productivity, Education, Entertainment, Fintech, Health & Wellness, Travel & Hospitality, Supply Chain & Logistics, Marketplace, Proptech & Real Estate, SaaS, Crypto & Blockchain, E-Commerce, Agriculture
• Stages: Early Stage, Seed
• Minimum check size: $100,000
• Maximum check size: $200,000
• Number of investments: 45
• Number of exits: 0
• Funds raised: $50,000,000
• 3 remarkable investments: Strength by Numbers, Tablogs, ParentalEQ

You can find their website here.

You can send them an email at hello@skalata.co.

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6) Brandon Capital

Brandon Capital Partners, based in Melbourne, Australia, is a fund management firm that specializes in life science investments.

Details of the VC firm:

• Country: Australia, USA, United Kingdom
• City: Melbourne, Sydney, San Francisco, London
• Started in: 2006
• Founders: Chris Nave, Stephen Thompson
• Industries: Health & Wellness, Healthcare, Biotech
• Stages: Early Stage, Late Stage, Seed
• Number of investments: 35
• Number of exits: 3
• Funds raised: $404,500,000
• 3 remarkable investments: Elastagen, Spinifex Pharmaceuticals, Fibrotech Therapeutics

You can find their website here.

You can send them an email at info@brandoncapital.com.au.

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7) Archangel Ventures

Archangel is an investment firm backing ambitious Australian founders in the pre-seed and seed stages.

Details of the VC firm:

• Country: Australia
• City: Melbourne
• Started in: 2020
• Founders: Ben Armstrong, Quentin Wallace, Rayn Ong
• Industries: Supply Chain & Logistics, Fintech, Food & Beverage, Marketplace, Health & Wellness, AI & ML, SaaS
• Stages: Pre-Seed, Seed, Series A
• Number of investments: 25
• Number of exits: 1
• 3 remarkable investments: Pearler, Fresh, Emesent

You can find their website here.

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8) Saltagen Ventures​

Saltagen Ventures specializes in funding early-stage biotech startups in North America and Asia.

Details of the VC firm:

• Country: Hong Kong, Canada, South Korea, USA, Denmark, Australia
• City: Seoul, Toronto, San Diego, Hong Kong, Copenhagen, Vancouver, Melbourne
• Started in: 2017
• Founders: Joseph Fung
• Industries: Biotech, Healthcare, Health & Wellness
• Stages: Seed, Early Stage, Series A, Series B
• Minimum check size: $120,000
• Maximum check size: $5,000,000
• Number of investments: 17
• Funds raised: $41,000,000
• 3 remarkable investments: Oncoustics AI, Helpwear Inc, Juno Diagnostics

You can find their website here.

You can send them an email at info@saltagen.com.

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