The Top 12 VC Firms In Melbourne [2024]

Updated: January 20th, 2022

Are you looking for a VC firm for your Melbourne based startup?

Finding the right investment firm for your startup can be a daunting task.

There are a number of successful venture capital firms in Melbourne, and we've curated a list of the best local firms in the area. Additionally, we provide you with:

  • Investment size
  • Funding stages
  • Typical industries the firm works with
  • Well known companies the VC firm has invested in

Here's the list:

1. Blackbird

  • Location: Sydney, Melbourne and Auckland
  • Industries: Technology
  • Investment Range: $30K - $30Million
  • Stage: Seed Stage, Series D
  • Companies invested in: Accelo, Ask Nicely, Canva, Zoox, SafetyCulture, Bugcrowd, Carbon Chain, Carted, Cortical Labs, Culture Amp.

Blackbird invests in companies focusing on every type of technology from software to space. This community-driven VC firm funds startups from pre-speed to Pre-IPO, and commits to long-term without planning for exits.

Blackbird invests as little as $30K in seed and in some cases $30Million in a Series D.

Learn more about Blackbird ➜

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2. Rampersand

  • Location: Sydney, Melbourne
  • Industries: Fintech, Data, Cybersecurity, Augmented Reality, HR and Workplace platforms, Logistics.
  • Investment Range: $50K - $2Million
  • Stage: Early Stage, Series A
  • Companies invested in: Sendle, PredictHQ, Skedulo, Expert360.

Rampersand is an early-stage VC firm investing in startups focusing on data, cybersecurity, augmented reality, HR, and logistics solutions.

The VC firm is typically interested in firms that build unique technology and have shown scalable business models.

Rampersand provides more than just financing. The VC firm remains keen on becoming a trusted advisor, helping companies through the difficult parts of every company's journey.

Learn more about Rampersand ➜

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3. Brandon Capital

  • Location: Sydney, Melbourne, San Francisco, London
  • Industries: BioMedical
  • Investment Range: $500K - $15Million
  • Stage: Seed Stage
  • Companies invested in: George Medicines, Q-sera, Ena Respiratory, Currus Biologics, Respirion Pharmaceuticals, Longas, Myricx Pharma, Pathios Therapeutics, Allay Therapeutics.

Brandon Capital invests in early-stage to growth-stage companies focusing on Biomedical. The VC firm commits to supporting life science companies from the proof of concept through to commercialization.

Brandon Capital works with entrepreneurs to build businesses and to create value for the entrepreneurs. The VC firm invests between $500K and $15 Million.

Learn more about Brandon Capital ➜

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4. Beames Capital

  • Location: Sydney, Melbourne
  • Industries: Sector agnostic
  • Investment Range: Up to AUD$ 20 Million
  • Stage: Seed Stage
  • Companies invested in: Nivato, Recs+RA, Rounded, Sami, AstuteONE Limited.

Beames Capital provides equity solutions to emerging businesses. The VC firm provides non-dilutive unsecured capital to businesses.

Beames Capital issues debt capital to businesses in deal sizes of up to AUD $20Million. The Beames Capital debt capital moves the company to the later stage of commercialization so the startup can raise equity at a higher valuation.

Learn more about Beames Capital ➜

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5. Telstra Ventures

  • Location: Sydney, Melbourne, San Francisco, and Shanghai
  • Industries: Cloud, Security, Network, Consumer Tech, Media & Mobile, Data,
  • Investment Range: $5M - $20Million
  • Stage: Seed Stage
  • Companies invested in: AirSpace Technologies, Algoblu, Anomali, Asapp, boomtown, BigCommerce, Auth, AttackIQ, Box, Cape, Certn, C88.

Telstra Ventures focuses on providing synergy revenues to technology companies.

The VC firm invests in market-leading high-growth companies within the cloud, consumer tech, data, media & mobile, Network, and security sectors.

Telstra Ventures funds businesses and shares important learnings and insights for every stage of the business journey. The venture capitalist typically looks to invest between $5m and $20m in a single deal.

Learn more about Telstra Ventures ➜

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6. Square Peg Capital

  • Location: Sydney, Melbourne, Tel Aviv and Southeast Asia
  • Industries: Health, IT, Marketing, Fintech, Cyber, Consumer, Cloud infrastructure, Marketplace, Retail and SaaS.
  • Investment Range: Not disclosed
  • Stage: Pre-seed onward
  • Companies invested in: AgriDigital, Airwallex, Amber, Athena, BugCrowd, Canva, HealthMatch, Joyous, Neara, Prospa, Q-CTRL, Rokt, UpGuard.

Square Peg Capital invests in pre-seed onward companies focusing on Health, IT, Marketing, Fintech, Cyber, Consumer, Cloud infrastructure, Marketplace, Retail, and SaaS.

The VC firm ensures a rapid, disciplined, and transparent investment process.

Their initial investment is often in a company`s first or second round of funding, and they prefer to lead rounds and join company boards. The VC firm serves entrepreneurs most effectively when they provide attentively, strategic advice underpinned by teamwork.

Learn more about Square Peg Capital ➜

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7. GBS Venture Partners

  • Location: Melbourne
  • Industries: Life Science
  • Investment Range: Not disclosed
  • Stage: Seed Stage
  • Companies invested in: AirXpanders, Endoluminal Sciences, Hatchtech, Hydrexia, Ivantis, Mimetica, Moximed, Celladon.

GBS Venture Partners focuses on helping high-potential entrepreneurs build great life-science technology companies.

The VC firm provides funding from the early stages of company initiation through to later-stage investments.

They remain committed to working with investors in order to capture ideas and transform them into viable start-up ventures. GBS Venture Partners invests in private and public companies at start-up and later stages of company development

Learn more about GBS Venture Partners ➜

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8. Ellerston Capital

  • Location: Sydney, Melbourne
  • Industries: Technology
  • Investment Range: Not Disclosed
  • Stage: Growth Stage, Pre-IPO
  • Companies invested in: Ansarada, literacyPlanet, DealsDirect, Monster, eBay, Crown, Carsales, Wizard, Ninemsn, Seek.

Ellerston Ventures invests in technology-focused startups in the early expansion stage of development and pre-IPO companies. The VC firm often targets seemingly overlooked opportunities by identifying the temporarily misunderstood and fundamentally mispriced opportunities.

Learn more about Ellerston Capital ➜

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9. Geoni Capital

  • Location: Melbourne
  • Industries: Sector agnostic
  • Investment Range: Not Disclosed
  • Stage: Early Stage
  • Companies invested in: Hemideina

Geoni Capital is a privately help VC firm focusing on emerging technology-focused firms that exhibit high-growth potential. The VC firm targets private equity investments, tailored capital solutions, litigation funding, and real estate platforms with value-adding potential.

Learn more about Geoni Capital ➜

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10. InterValley Ventures

  • Location: Melbourne and Tokyo
  • Industries: Technology
  • Investment Range: Not Disclosed
  • Stage: Early Stage
  • Companies invested in: Myriota, Baraja, Kepler Analytics, XY Sense, Quintessence Labs, Hemideina.

Intervalley Ventures invests in early-stage technology companies linked to AI. Typically, the venture capitalist focuses on companies that generate, control, and learn from unique data sources.

The key sectors of focus include healthcare, life sciences, AgTech, FoodTech, FinTech, and EduTech.

Besides, InterValley Ventures PTY focuses on companies with deep technologies that improve AI performance with hardware applications, including robotics, computer vision, sensor networks, and drones.

Learn more about InterValley Ventures ➜

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11. Cadmon

  • Location: Melbourne
  • Industries: Technology, consumer products, big data analytics, digital marketing technology, digital services, fintech & Financial services, and virtual reality
  • Investment Range: Not Disclosed
  • Stage: Seed Stage
  • Companies invested in: Iris Metals, Lukin Resources, Forbidden foods, FOS Capital, OZZ Resources, Resource Base.

Cadmon invests in businesses and startups that endeavor to solve global problems through innovation.

The VC firm seeks to incubate and launch startup initiatives across different sectors while working with world-class researchers and experts to provide corporate advisory services and venture capital to companies with entrepreneurship flair.

Ideally, Cadmon seeks early-stage startups whose team's product and businesses models show high growth potential.

Cadmon's areas of interest include technology, consumer products, big data analytics, digital marketing technology, digital services, fintech & Financial services, and virtual reality.

Learn more about Cadmon ➜

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12. Tonnerre Investments

  • Location: Melbourne
  • Industries: Sector agnostic
  • Investment Range: Not Disclosed
  • Stage: Seed Stage
  • Companies invested in: AgriWebb, DCE Partners, Herix Partners, PACWealth Capital, Cavitus, Mint.

Tonnerre Investments is a privately owned investment company seeking to deliver stable sources of income with secure capital growth. The VC firm manages a broad range of portfolio investments and has minority positions in diversified holdings across property, listed equity, venture capital, and private equity investments.

Learn more about Tonnerre Investments ➜

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meet the author
Pat Walls