Venture capital fund · 3 deals
Investment structures delivering social and environmental outcomes
Melbourne, VIC
Every published round Ecotone Ventures 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.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| National Renewable Network | Series A | 18 Aug 2025 | $67m | Participant | Virescent Ventures, RenewEconomy (Wed 27 Aug 2025), RenewEconomy (Fri 22 Aug 2025), RenewEconomy (Mon 18 Aug 2025), SmartCompany (Fri 15 Aug 2025), Dealroom, RenewEconomy (Tue 12 Aug 2025), SmartCompany (Tue 12 Aug 2025), Investible portfolio, Virescent Ventures portfolio | |
| CLT Toolbox | Bridge / extension | 21 May 2024 | $1m | Participant | Startup Daily, SmartCompany (Fri 24 May 2024), SmartCompany (Tue 21 May 2024) | |
| CLT Toolbox | Seed | Oct 2023 | $1.5m | Participant | Startup Daily (Fri 24 May 2024), SmartCompany (Fri 24 May 2024), SmartCompany (Tue 21 May 2024), SmartCompany (Fri 13 Oct 2023), Startup Daily (Tue 10 Oct 2023) |
Companies Ecotone Ventures has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| CLT Toolbox | Oct 2023, Seed | 2 | 0 | |
| National Renewable Network | 18 Aug 2025, Series A | 1 | 0 |
Companies Ecotone Ventures'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 |
|---|---|
| Sanders Place | sandersplace.com.au ↗ |
Fund closes reported for Ecotone Ventures, as distinct from the investments it has made.
Companies Ecotone Ventures has backed that another company then bought. An exit for the holding, not a deal Ecotone Ventures did.
| Name | Role | Sources |
|---|---|---|
| Dan Madhavan | Partner · Founder | Startup Daily, LaunchVic, Ecotone Ventures team page |
Stories naming Ecotone Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Melbourne construction software firm SPEC Toolbox, once CLT Toolbox, has banked a fresh $3 million round with Black Nova and Investible co-leading, its third raise after earlier seed and bridge funding.
Also SmartCompany
Virescent Ventures explains why it co-led NRN's Series A, profiling the Sydney company's no-upfront-cost solar and battery marketplace model and its two founders.
Also SmartCompany·RenewEconomy·Dealroom·SmartCompany·RenewEconomy·RenewEconomy·RenewEconomy
Weekly roundup covering seven ANZ startup raises — Bare Funerals, Humii, WeMoney, CLT Toolbox, Clean Slate Clinic, SpatialGPT and Great Wrap — plus LaunchVic's $900,000 into Paul Little's Skalata fund.
Also Startup Daily
Weekly roundup listing seven Australian startups and their raises, totalling $17.7 million across AI, packaging materials, fintech, digital health, music licensing, construction software and swimwear.
Also Startup Daily
Timber design software firm CLT Toolbox has secured bridge funding to expand into Europe and the US, less than a year after its seed round, backed by Giant Leap, Archangel Ventures and others.
Weekly roundup covering five Australian startups' raises: Phasio's seed led by AirTree, CLT Toolbox, X-Hemp's crowdfunding, gridmo's first round, and Humpday's pre-seed from Antler.
CLT Toolbox, a Melbourne maker of software teaching builders about mass timber, has raised $1.5 million from BluescopeX, Gravel Road, Archangel Ventures, Flying Fox, Ecotone and several angels.
LaunchVic Q&A with leaders of Climate Salad and Ecotone's angel network on Victoria's climate tech scene, recalling Lug+Carrie's $5 million raise and grants supporting both networks, with mentions of Allume Energy, Kapture and others.
Giant Leap's impact newsletter announces its first fund is complete, discusses sleeptech and healthtech credibility, cites Climate Salad's climate report, and notes new programs for Indigenous founders and climate research commercialisation.