Venture capital fund · 8 deals
Melbourne, VIC
Every published round CoAct Capital took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies CoAct Capital has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| DASH Technology Group | Digital solutions for the financial advice process | 23 Mar 2023 | 1 | 0 |
| Diraq | 12 Feb 2024, Series A | 2 | 0 | |
| EatClub | 19 May 2025, Series A | 1 | 1 | |
| H3D | 16 Sep 2025, Series A | 1 | 0 | |
| h3d-logo-white-bg.jpg | AI CAD software and 3D scanning tools for dental and hearing labs | 16 Sep 2025, Series A | 1 | 0 |
| Starboard Maritime Intelligence | Sep 2025, Series A | 1 | 0 | |
| Vantari VR | 6 Dec 2023, Seed | 1 | 1 |
Companies CoAct Capital's own portfolio page lists that no published round yet places it in. The page is the source; the round is being looked for.
| Company | Site |
|---|---|
| DiraqLogo_BlackText_RGB_Horiz.jpeg | diraq.com ↗ |
| eatclub-logo-yellow-black.webp | eatclub.com.au ↗ |
| Flippa | - |
| Flippa.png | flippa.com ↗ |
| Knocknoc | - |
| Screenshot 2025-02-11 at 5.14.56 PM.png | knocknoc.io ↗ |
| Starboard | - |
| Starboard+logo+for+website.jpeg | starboardintelligence.com ↗ |
| VantariVR-Logo-Web_RGB.jpeg | vantarivr.com.au ↗ |
| Veyor | - |
| Veyor.webp | veyordigital.com ↗ |
Fund closes reported for CoAct Capital, as distinct from the investments it has made.
Companies CoAct Capital has backed that another company then bought. An exit for the holding, not a deal CoAct Capital did.
| Name | Role | Sources |
|---|---|---|
| Ash Lambert | Principal | Australian FinTech, CoAct Capital team page |
| James Douglas | Partner | Startup Daily, SmartCompany, CoAct Capital team page |
| Kate Eriksson | Partner | h3d.ai, Startup Daily, SmartCompany, Australian FinTech, CoAct Capital team page |
Stories naming CoAct Capital. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Sydney quantum company Diraq has reached the last stage of a US defence quantum program, securing US$51 million with more possible, alongside mentions of PsiQuantum, IonQ and Quantinuum milestones.
Also Forbes Australia
H3D has closed a $5.8m Series A, spearheaded by Significant Ventures with Swinburne University and Co:Act Capital taking part, to push its AI design technology from hearing devices into dental laboratories.
Forbes Australia profiles EatClub co-founder Pan Koutlakis, whose restaurant discount app raised $18.2 million in a Series A led by Co:Act Capital to fund UK expansion after a near-collapse during COVID.
Funding roundup covering five raises totalling $340.2 million: Firmus's Nvidia-backed round, plus H3D, Puralink, Escape This and Isaacus, across AI infrastructure, health tech, robotics, entertainment and legal AI.
Also SmartCompany
Weekly roundup covering 19 Australian and New Zealand raises, headlined by Andromeda Robotics' $23m Series A, plus Freckle, Marloo, X-Hemp, Harvest B, Wable, Starboard and Techstars Sydney's 12-startup cohort.
Also SmartCompany
Weekly roundup of seven Australian startup raises, led by Airwallex's Series F, plus EatClub, Kite Magnetics, Termina, Preve, Foremind and Liveheats.
Also Startup Daily
Australian dining discounts platform EatClub has secured Series A backing with Co:Act Capital leading, to support its London expansion and product development; Gandel Invest, Marbruck and Platform Advisory also took part.
Also Forbes Australia·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Forbes Australia
Weekly roundup of eight Australian funding rounds, led by Samsara Eco's $100m Series A extension; Diraq, 1Breadcrumb, Aquila, NRN, Klean, Bearhug and Sindy Labs also secured capital, and Klean won a Queensland grant.
Also TechCrunch Venture·SmartCompany·@AuManufacturing·Techboard·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·@AuManufacturing·Forbes Australia·@AuManufacturing
Roundup of eight local raises totalling roughly $81.5 million: generative AI, sustainable packaging, VR medical training, optical radar, drinks, preventive health and wholesale retail software.
Also Ten13 portfolio·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Forbes Australia
Vantari VR, which trains doctors in virtual reality, has closed a $7 million pre-Series A led by Co:Act Capital; the article recalls earlier grants, an Epic Games award and a Slingshot accelerator cohort.
Also SmartCompany
DASH has added Kate Eriksson to its board and Deepti Manocha as finance chief amid its expansion. Eriksson is a Co:Act Capital venture partner, and the firm invested in DASH earlier in 2023.
Wealth management technology firm DASH Technology Group has closed a capital raise, with Australian venture firm CoAct Capital finalising its investment to support the platform's development for financial advisers.