9 Best Venture Capital (VC) Firms In Sydney

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Sydney is a key player in the Asia-Pacific region, known for its vibrant startup ecosystem. If you’re an entrepreneur eager to kickstart or expand your business, finding the right venture capital can be crucial. This article highlights the leading VC firms in Sydney, known for their supportive roles in growing innovative businesses.

AirTree Ventures

AirTree Ventures is a VC firm primarily focused on investing in tech founders from Australia and New Zealand. They are committed to supporting these founders from the start, aiming to be long-term partners. The firm has partnered with over 100 fast-growing and impactful tech companies across various industries. Additionally, they reserve a significant portion of their funds to support their companies in subsequent funding rounds.

Headquarters: Australia

Investment Geography: Australia, USA, UK, Canada, Singapore, New Zealand, Germany, Argentina, Finland, Estonia

Operating since: 2014

Stages: Seed, Series A, Series B

Investment Focus: Tech (Consumer, Data, E-commerce, Education, Energy, Enterprise, Finance, Hardware, Health, Industrials, Infrastructure, Marketplaces, SaaS, Security)

Number of investments: 168

Number of exits: 15

Check size: $200k to $50m 

Notable investments: Canva, Linktree

Founders/Key People: Craig Blair, Daniel Petre AO

Website: https://www.airtree.vc 

Artesian Capital Management

Artesian Capital Management, founded in 2004 by Jeremy Colless, Matthew Clunies-Ross, and John McCartney, is a global alternative investment management firm based in Sydney, Australia. They specialize in public and private debt, venture capital, and impact investment strategies. The firm is known for its Venture Capital as a Service (VCaaS) solutions, catering to governments, corporations, and industry groups. With over $1.1 billion in assets under management (AUM), Artesian operates offices in Australia, China, Indonesia, Singapore, the UK, and the US. Their investment focus includes areas such as agri-food, health, AI, robotics, and education, primarily targeting early-stage ventures​​​​​​​​​​.

Headquarters: Australia

Investment Geography: Australia, USA, China, Singapore, India, Canada, Hong Kong, UK, Germany, Taiwan, Japan, Kenya, South Korea, Senegal, Israel, Belgium, Mexico, Brazil, Spain, Portugal

Operating since: 2004

Stages: Seed, Series A

Investment Focus: Software/Hardware (AgriFood/AgTech/FoodTech, Clean Energy/CleanTech, AI/Robotics, MedTech/Medical Devices) 

Number of investments: 722

Number of exits: 186

Check size: $50k – $1m

Notable investments: Fleet Space Technologies, TurtleTree

Founders/Key People: Jeremy Colless, Matthew Clunies-Ross, John McCartney

Website: https://www.artesianinvest.com/overview-vc 

Blackbird Ventures

Since its inception in 2012, Blackbird has demonstrated a strong commitment to supporting startups throughout their journey from idea to beyond IPO. The firm’s portfolio is notable, worth over $7 billion, and includes some of the most successful startups from Australia and New Zealand, such as Canva, Zoox, SafetyCulture, and Culture Amp. Blackbird Ventures focuses on backing generational ambition with generational belief, a philosophy that extends to its approach to investment. They have backed over 100 companies across Australia and New Zealand, with 20% now worth over $100 million and six valued at over $1 billion. 

Headquarters: Australia

Investment Geography: USA, New Zealand, UK, Hong Kong

Operating since: 2012

Stages: Pre-Seed, Seed, Series A, Series B 

Investment Focus: Consumer Tech, Consumer Brands, D2C, FoodTech, AgTech, FinTech, Crypto, EdTech, E-commerce, Marketplace, Enterprise Software, Cloud, HRTech, MarTech, RetailTech, CyberSecurity, Databases, Synthetic Biology, BioTech, MedTech, Digital Health, HealthTech, Robotics, IoT, Autonomous, SpaceTech, Semiconductors, Solar

Number of investments: 246

Number of exits: 23

Check size: $25k – $5m

Notable investments: Canva, Zoox

Founders/Key People: Alex Gifford, James Palmer

Website: https://www.blackbird.vc 

Carthona Capital

Founded in 2014, Carthona Capital began as a group of venture investors collaborating on a deal-by-deal basis. It has since evolved into a more traditional venture capital fund structure, now managing its third fund with approximately $360 million in funds under management. Carthona Capital primarily invests at the Pre-Seed, Seed, or Series A stages. The firm follows a strategy of making initial investments early and then continuing to invest larger amounts as the business matures, even supporting businesses across multiple financing rounds.

Headquarters: Australia

Investment Geography: Australia, UK, USA, Switzerland, New Zealand

Operating since: 2014

Stages: Pre-Seed, Seed, Series A

Investment Focus: FinTech, Crypto, AI, Robotics, AgTech, Aviation, Digital Health, Mobile, Enterprise Software, MarTech, CyberSecurity, HRTech, Retail, PropTech, Sensors, IoT, Wireless, Autonomous Vehicles, Entertainment, VR, Marketplaces

Number of investments: 97

Number of exits: 26

Check size: $150k – $5m

Notable investments: Ouster, Cisco

Founders/Key People: Tonino Belmonte, Jonathan Chow

Website: https://www.carthonacapital.com 

King River Capital

King River Capital is a venture capital firm with a strong focus on technology-driven companies. Founded with the aim of providing a personal, attentive, and accessible service, King River Capital has built a reputation as a firm that is highly aligned with the long-term success of the companies it invests in. Its approach is based on global experience, intentional focus, aligned values, and flexible capital, ensuring that each company in its portfolio receives the attention it deserves​​.

Headquarters: Australia

Investment Geography: United States, Australia, Canada, United Kingdom, Japan

Operating since: 2018

Investment Focus: Software

Stages: Pre-Seed, Seed, Post-Seed, Series A, Series B+.

Number of investments: 39

Number of exits: 1

Check size: $100K – $5M

Notable investments: Sendle, Discord

Founders/Key People: Zebediah Rice

Website: https://kingriver.co/


OneVentures is a leading venture capital firm based in Sydney, Australia, founded in 2006. The firm specializes in seed-stage, early-stage, and later-stage investments. They primarily focus on sectors like information technology, healthcare, life sciences, mobile, TMT, SaaS, and health tech, predominantly in Australia. OneVentures is known for its hands-on approach and partners with companies to leverage its experience and expertise for growth. The firm also emphasizes responsible investment, aligning with environmental, social, governance, and UN Sustainability goals. 

Headquarters: Australia (Sydney)

Investment Geography: Australia, Europe

Operating since: 2006

Investment Focus: Therapeutics, Medical Devices, MedTech, Diagnostics, Digital Health, HealthTech, SaaS, FinTech, EdTech, Marketplaces, E-commerce, Digital Media, Enterprise Software, Business Intelligence, HRTech, EnergyTech, Mobility, Telecom

Stages: Series A, Series B, Series C

Number of investments: 91

Number of exits: 19

Check size: $5 – $20m

Notable investments: Employment Hero, Vaxxas, Zoomo

Founders/Key People: Matthew Sinnamon, Michelle Deaker Ph.D

Website: https://one-ventures.com.au/

Skip Capital

Skip Capital is a private investment firm focusing on technology and infrastructure sectors. Founded by Kim Jackson, an experienced investor with a background in investment banking and technology, and Scott Farquhar, co-founder and co-CEO of Atlassian, the firm embodies a strong leadership team with diverse backgrounds, including venture capital, funds management, and listed equities. The team is passionate about innovation, with investments spanning various domains such as tech startups, infrastructure, and real assets.

Headquarters: Australia

Investment Geography: Australia, Canada, Hong Kong, United Kingdom, United States.

Operating since: 2018

Investment Focus: HealthTech, Enterprise Software, Robotics, IoT, Genetics, Energy, Data Analytics, AI, AgTech, FoodTech, EdTech, HRTech

Stage: Pre-Seed, Seed, Series A, Series B.

Number of investments: 45

Number of exits: 0

Check size: $100K – $3M

Notable investments: 1Password, Canva

Founders/Key People: Kim Jackson

Website: https://www.skipcapital.com/

Square Peg Capital

Square Peg Capital is a global venture capital firm established in 2012, focused on empowering exceptional founders. It operates across several key regions, including Sydney, Melbourne, Tel Aviv, and Singapore, targeting investments in emerging technology companies within the internet economy. The firm manages assets worth US$3 billion and has achieved substantial realized returns of US$0.6 billion.

Headquarters: Australia

Investment Geography: United States, Australia, Singapore, Israel, Indonesia, New Zealand, United Kingdom, India, Malaysia, Germany, Hong Kong, Vietnam.

Operating since: 2012

Investment Focus: Agriculture, Cloud Infrastructure, Consumer, Cyber Security, FinTech, HealthTech, Digital Health, MarTech, Marketplaces, Retail, Supply Chain, SaaS

Stage: Pre-Seed, Seed, Series A, Series B.

Number of investments: 138

Number of exits: 12

Check size: $1M – $50M

Notable investments: Uber, Stripe

Founders/Key People: Tony Holt

Website: https://www.squarepeg.vc/

Stoic Venture Capital

Stoic Venture Capital is a venture capital firm based in Sydney, Australia, founded in 2020. It primarily focuses on investing in companies’ early stages, including seed-stage, early-stage, and later-stage investments. The firm is particularly interested in a wide array of sectors, such as business products and services, consumer products and services, energy, financial services, and materials. Stoic Venture Capital emphasizes its interest in life sciences but acknowledges that innovation can be found across all domains of research. 

Headquarters: Australia

Investment Geography: Australia, United States, United Kingdom.

Operating since: 2019

Investment Focus: University Research Commercialization (Drugs, Medical Devices/MedTech, Software, Robotics, Hardware, AgTech, EdTech, AgBio, Electronics)

Stage: Pre-Seed, Seed, Series A, Series B.

Number of investments: 19

Number of exits: 2

Check size: $100K – $1M

Notable investments: Certa, Morse Micro

Founders/Key People: Guy Hedley

Website: https://stoicvc.com.au/


Choosing the right VC firm is a vital step for your business, especially in a competitive and diverse market like Sydney. The VC firms we’ve featured offer a blend of financial investment, industry expertise, and networking opportunities. Consider what each firm can contribute to your startup’s growth and how they align with your vision and needs. With the right backing, your business is well-positioned to thrive in Sydney’s dynamic economic landscape.

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