The Top 23 VC Firms In Sydney [2024]

Updated: January 20th, 2022

Venture capital firms are the lifeblood of startups in Sydney. this is considering that the top venture capital firms in Sydney, provide funding to startups with long-term potential for growth.

According to the 2021 Global Entrepreneurship Network report, Sydney ranks as one of the top cities to grow a startup.

The report further explains that Sydney’s Startup Ecosystem is worth $17.4bn, Compared to Melbourne’s $10.5bn.

Typically, Sydney’s early-stage funding sat at $922 Million in 2021, which is more than double the global average of $431 Million.

Further, the reports assess Sydney as a major startup ecosystem, which means the city has all the important elements to support the startups.

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Are you looking for a VC firm for your Sydney 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 Sydney, 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. 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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3. 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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4. H2 Ventures

  • Location: Sydney
  • Industries: Fintech, Data and Artificial Intelligence
  • Investment Range: Up to $100,000
  • Stage: Early Stage
  • Companies invested in: Edstart, Stockspot, Simply Wall St, Forage, Equitise, Spriggy, Nod, DiviPay, Sempo, ClaimSpace.

H2 Ventures is the leading early-stage investor in Fintech, Data, and artificial intelligence, and commits up to $100,000 for a 10% equity. The VC firm provides moiré than financing for the early-stage companies. They also bring networks, mentoring, and operational guidance to the early-stage founders and investors.

The venture capital firm invests on a cohort basis targeting 8-16 startups at a time. the portfolio companies undergo a six months pre-seed program during which the VC firm provides mentors and alumni network to coach the founders

Learn more about H2 Ventures ➜

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5. Artesian Venture Partners

  • Location: Adelaide, Sydney, Melbourne, Singapore and Shanghai
  • Industries: Space, Clean Energy, Cybersecurity, Defence, Agrifood, health and Medtech
  • Investment Range: $1M - $2M
  • Stage: Early Stage
  • Companies invested in: Ferronova, Fivecast, Kid Sense, Lumary, Myriota,

Artesian venture partners is a global investment firm specializing in public and private funding. The VC firm targets the most active early-stage firms.

They invest $1-$2M at the pre-series stage but may invest in the high-growth and export potential companies that have demonstrated a market for their products and services. The Vc firm has shown interest in various sectors including Space, Clean Energy, Cybersecurity, Defence, Agrifood, health, and Medtech.

The South Australian Venture capital fund considers initial investment in high-growth and export potential companies that have demonstrated a market for their products or services and have either commenced generating revenue.

Learn more about Artesian Venture Partners ➜

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6. Tempus Partners

  • Location: Sydney
  • Industries: Technology
  • Investment Range: $750K - $2M
  • Stage: Early Stage
  • Companies invested in: Adviser Ratings, Ansarada, Arli, Auror, Expensecheck, Featureflow, Forever Network, HealthMatch, HappyCo, Mentorloop, Snug, SwoopAERO.

Tempus Partners is a seed and early-stage investment firm focusing on tech startups operating in sectors such as SaaS, Data Analytics, Artificial Intelligence, and FinTech. The venture capitalist invests between $500K and $1Million at the seed stage and $750K to $2M in early-stage companies.

They aim at empowering the early-stage founders with capital and management expertise, enabling the startup founders to attain their investment dreams.

Learn more about Tempus Partners ➜

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7. AirTree Ventures

  • Location: Surry Hills, Sydney
  • Industries: Sector Agnostic
  • Investment Range: $100K - $50M
  • Stage: Seed Stage to Growth Stage
  • Companies invested in: Canva, A Cloud Guru, Employment Hero, Pet Circle Linktree, Mr Yum, Go1, Immutable.

AirTree backs the most ambitious and unrelenting Australian and Kiwi founders, building the iconic technology companies of tomorrow.

AirTree often invests pre-product and pre-revenue, with cheques ranging from $100k to $50m, to support startups from the earliest stages of their journey.

Learn more about AirTree Ventures ➜

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8. One Ventures

  • Location: Sydney, New South Wales, Australia
  • Industries: Healthcare, Technology
  • Investment Range: $5M - 10M
  • Stage: Seed Stage
  • Companies invested in: Flippa, Lumary, hometime, Zoomo, Shippit, Onevue, Phocas, Edrolo.

One venture invests in high net worth companies as well as the government. The VC firm does more than investing, and they apply years of international experience, operational and execution expertise to accelerate the growth of portfolio companies.

With a global growth focus, the VC firm drives its investment selection towards companies that provide truly innovative products tackling multi-billion problems.

Learn more about One Ventures ➜

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9. Tidal Ventures

  • Location: Sydney, New York
  • Industries: Technology
  • Investment Range: $250K - $2.5M
  • Stage: Early Stage
  • Companies invested in: Airrobe, AtlasTrend, Bonjoro, Carted, Drive Yello, Frankieone, Hone, Operata, PredictHQ, Renewtrak.

Tidal invests in seed-phase companies that focus on game-changing products or services the VC firm is particular on identifying the companies that produce products with global appeal. Tidal commits between $250K and $2.5Million over the course of the seed phase.

While the VC firm prefers leading the funding rounds, they are also willing to co-invest. Tidal offers more than money and commits time and resources to create a sustainable advantage. They ensure a transparent investment process, and they have the capacity to double down in later investment rounds.

Learn more about Tidal Ventures ➜

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10. Atech Capital

  • Location: Sydney
  • Industries: Medicine
  • Investment Range: $100K - $3M
  • Stage: Early Stage

Atech Capital focuses on medical technology companies and invests between $100K to $3M. The VC firm funds early-stage and growth-stage companies, preparing them for global expansion.

The VC firm targets medical technology startups, targeting the treatment of serious diseases like cancers, heart diseases, and other serious illnesses in both adults and children. To deliver sustainable returns for the investors, the VC firm only focuses on business ideas that can boom and scale globally.

Learn more about Atech Capital ➜

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11. Alchemy Ventures

  • Location: Sydney
  • Industries: Technology
  • Investment Range: $100K - $5M
  • Stage: Early Stage
  • Companies invested in: Clear Match

Alchemy Ventures invests in early to later stage mining, financial, agriculture, and consumer technology companies. The VC firm was founded with an aim of ensuring innovative techniques and strategies to transform medium-size companies into market leaders.

Therefore, the venture capitalist looks for the teams and the opportunities that provide outstanding returns for their investors, while creating a positive impact on human and environmental wellness. Alchemy venture's typical investment falls in the range of $100K to $5Million, and they invest from seed, startup to early-stage expansion phases.

Learn more about Alchemy Ventures ➜

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12. Antler

  • Location: Sydney, Singapore
  • Industries: Venture Capital, E-Commerce
  • Investment Range: $100K - $1M
  • Stage: Seed Stage
  • Companies invested in: PowerX, Wizly, Intalayer

Antler's mission is to fundamentally improve the business ecosystem around the world by investing in the most exceptional entrepreneurs. Antler is a head-line globally known firm that invests in the defining technology companies of tomorrow.

Their investments range from $100K to $1M.

Learn more about Antler ➜

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13. Aura Group

  • Location: Sydney, Melbourne, Singapore and Ho Chi Minh City
  • Industries: Technology
  • Investment Range: $500K To $3M
  • Stage: Pre Seed To Series A
  • Companies invested in: Foodbomb, Bookwell, Ynomia, Shippit, Superestate, Integrated, Gamurs, Allure, Lannock Strata Finance, Catapult Sports, Lygon, Harvest B.

Aura Group targets early-stage companies across a wide range of sectors, that have the potential to generate cap[ital growth for the investors. The VC firm invests a minimum of $500K in companies, while they target some of the best entrepreneurs who seek to get into a true partnership and one that will help build their vision.

Learn more about Aura Group ➜

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14. CapitalPitch Venture Management

  • Location: Sydney
  • Industries: Technology
  • Investment Range: AUD$250K - AUD$2Million
  • Stage: Early Stage
  • Companies invested in: Ahura, Leadstory, Skylark Labs, Four2, Safestamp, A.Kin, Mealme, Tpaga, Ennsuredit, Gully network, Volopay.

CapitalPitch Venture Management invests globally in early-stage, highly scalable technology companies. The VC firm invests effectively at the pre-seed and the seed stage with the potential to generate an extremely high return.

CaspitalPitch ventures seek to lead investments but also work as co-investors. Moreover, they maintain an active presence, helping the portfolio companies with the HR functions, technology, and scaling help. The VC firm invests between AUD$250K and AUD$2Million.

Learn more about CapitalPitch Venture Management ➜

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15. Commencer Capital

  • Location: Sydney
  • Industries: Agnostic
  • Investment Range: $1M - $5M
  • Stage: Early Stage
  • Companies invested in: Longtail UX, Comestri, MadeComfy, tiliter, MX51, Dresden.

Commencer Capital focuses on high-growth potential companies. The commencer capital group aims at supporting the high growth business through capital funding and connecting the portfolio companies to valuable networks.

Typically, the sector-agnostic VC firm targets companies that have an ideal offshore expansion strategy. Commencer capital provides funding of between $1Million and $5million

Learn more about Commencer Capital ➜

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16. Reinventure Group

  • Location: Sydney Australia
  • Industries: payment, food, healthcare, property, and fintech sectors
  • Investment Range: $500K - $5Million
  • Stage: Seed Stage
  • Companies invested in: Auror, Assembly, Basiq, CodeLingo, Coinbase, Data Republic, Everproof, Flybits, Forte, Fillr, Frankieone, Hyper Anna, Indebted.

Reinventure Group focuses on payment, food, healthcare, property, and fintech sectors.

The VC firm funds early-stage companies that have the vision, ambition, and hustle to transform experience.

Apart from financial investments, the VC firm seeks to add value to its ventures in the best way possible.

Learn more about Reinventure Group ➜

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17. 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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18. Carthona Capital

  • Location: Sydney
  • Industries: Multi-Sectors
  • Investment Range: Not disclosed
  • Stage: Seed Stage
  • Companies invested in: Replica, Roubler, SafeStack, Sparebox, Skript, Salad, Paytron, Pathzero, OneAffiniti, Medius Health.

Carthona Capital invests in early-stage businesses usually at pre-seed, seed-stage, and Series A stage. The VC firm likes to follow strongly and continues deploying larger amounts of capital as the business matures.

Learn more about Carthona Capital ➜

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19. 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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20. Morpheus Ventures

  • Location: California, Sydney.
  • Industries: Technology
  • Investment Range: Not Disclosed
  • Stage: Early Stage
  • Companies invested in: Bestow, Bridg, AVRL, Rigetti, Sidecar Health, Vicarious, Wire, HouseCanary, SafetyCulture, Starship, Tagnos, JawBone Health.

Morpheus Ventures is a Venture capital firm that invests in early-stage companies helping them accelerate their growth momentum.

Apart from financial investments, the VC firm provides portfolio companies access to extensive guidance on management issues, geared towards accelerating their hyper-growth.

Learn more about Morpheus Ventures ➜

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21. KING RIVER CAPITAL

  • Location: Sydney, San Francisco, Denver
  • Industries: Technology
  • Stage: Growth Stage
  • Companies invested in: Discord, Cover Genius, FinClear, Immutable, Paystand, Osaro, Lexer, Lark, Sendle, Splash, Stride.

King River Capital invests in exceptional teams that focus on building innovative solutions.

The VC firm invests in software and AI-driven companies that aim at solving critical problems within a large market. King river capital prefers investing in post-revenue companies and seeks opportunities where they can help entrepreneurs achieve their dreams.

Learn more about KING RIVER CAPITAL ➜

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22. Liverpool Partners

  • Location: Sydney, Australia.
  • Industries: Sector Agnostic
  • Investment Range: Not Disclosed
  • Stage: Early Stage
  • Companies invested in: Seven Miles, Seisma, Orro, Zenitas,

Liverpool Partners is a leading private equity investor focused on building sustainable growth investments. The private equity investor manages up to $700million of equity capital on behalf of their investors.

The VC firm seeks to create stellar financial returns for all the stakeholders and partners while creating a roadmap for sustainability and impact for their portfolio companies. Therefore, the VC firm proactively seeks to partner with the businesses that seek to grow rapidly by way of specific growth opportunities or through consolidation.

Learn more about Liverpool Partners ➜

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23. Nucam Ventures

  • Location: Sydney, New South Wales, Australia
  • Industries: Technology
  • Investment Range: Not disclosed
  • Stage: Seed Stage
  • Companies invested in: Eyeota,

Nucam Ventures is an early-stage venture firm focusing on technology companies. The VC firm typically looks for Pre-seed stage companies that disrupt traditional and inefficient industries.

Typically, the VC firm aims at fundamentally changing the way that business is done over the long-term, and so pushes the management teams through profit but risky short-term exit strategies.

Learn more about Nucam Ventures ➜

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meet the author
Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.