Guide for founders

Top venture capital firms in Australia: a founder's list

This list of top venture capital firms in Australia covers well-known firms by city, stage and focus. Use it as a starting point, then research each firm's recent deals and partners before you reach out.

Details change often. Check each firm's website before approaching them.

Venture capital General Partners at Venture Downunder

Which are the top venture capital firms in Australia?

Australia's best-known venture capital firms include Blackbird, Square Peg Capital, AirTree Ventures and Main Sequence, alongside specialists in sectors such as life sciences and deep tech. The right firm for you depends on your stage, sector and how much you are raising.

Most are based in Sydney or Melbourne and invest across Australia and New Zealand.

Well-known venture capital firms in Australia

FirmBased inStageFocus
BlackbirdSydney, MelbourneSeed to growthGeneralist
Square Peg CapitalMelbourne, SydneySeed to growthGeneralist
AirTree VenturesSydneyPre-seed to growthGeneralist
Main SequenceSydneySeed to growthDeep tech
Folklore VenturesSydneySeed to Series AGeneralist
OneVenturesSydneySeries A and laterTech and healthcare
Brandon CapitalMelbourneEarly to late stageLife sciences
Tidal VenturesSydneyPre-seed to Series AGeneralist

A starting list, not a ranking or endorsement. Stages and focus are indicative and change over time.

How to research fit

Look at each firm's recent investments, the partner who would lead your deal and the size of their current fund. A firm that just invested in a competitor, or does not lead at your stage, is unlikely to be a fit.

Read how partners talk about their thesis in interviews and podcasts. Our guide to venture capital in Australia explains the stages and what firms look for.

For a much longer list, including angels, venture debt and grants, Airtree keeps a regularly updated open-source investor list.

Getting a warm introduction

Warm introductions from founders in a firm's portfolio or from investors they trust work far better than cold emails. Keep your intro request short: what you do, your traction and what you are raising.

Where Australian VCs meet

Innovation Bay's Venture Capital community is exclusive to General Partners of VC firms and meets each year at Venture Downunder. Founders can pitch to our investor community through rolling pitch events, with no membership needed.

Hear from Australian VCs

Our Investor Intel series and podcast, Open the Pod Bay Doors, feature venture capital investors on how they choose companies.

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Venture capital firms in Australia: common questions

What are the top venture capital firms in Australia?

Well-known Australian venture capital firms include Blackbird, Square Peg Capital, AirTree Ventures and Main Sequence, plus specialists such as Brandon Capital in life sciences. The best fit depends on your stage, sector and raise.

How do I choose the right VC firm?

Check the firm's stage, sector focus, recent investments, fund size and whether it leads rounds. Look for a partner who knows your market and has not backed a direct competitor.

How do I contact a venture capital firm in Australia?

A warm introduction from a founder or investor the firm trusts is the most effective route. Pitch events and investor communities can also create introductions.

Where are most Australian VC firms based?

Most Australian VC firms are based in Sydney or Melbourne and invest nationally, and often in New Zealand too.

Can Innovation Bay introduce me to VCs?

Innovation Bay's rolling pitch events let startups pitch to its investor community, which includes angel investors and venture capital General Partners. You do not need to be a member to apply.

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