A New Model in Venture Capital
Investible explains its venture model and reports drawing $50m last year for its third early-stage fund and Club vehicle, with LumonusAI and Outlier Space in the portfolio.
Also Startup Daily
Venture capital fund · 87 deals
Sydney, NSW
Every published round Investible 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 Investible has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Apate.ai | Aug 2025, undisclosed | 2 | 0 | |
| Barcats | 4 Aug 2021 | 1 | 0 | |
| Bygen | 15 Apr 2024, Series A | 2 | 0 | |
| CarbonHQ | 12 Feb 2024, Pre-seed | 1 | 0 | |
| CIM | 4 Oct 2022, Series A | 1 | 0 | |
| Digital Harvest | Jun 2022, Seed | 1 | 0 | |
| Emmi | 4 Oct 2022 | 1 | 0 | |
| frntlne | 19 Jun 2023, Seed | 1 | 0 | |
| Functionly | 22 Sep 2021, Seed | 1 | 0 | |
| Gega Elements | 23 Oct 2025, Pre-seed | 1 | 0 | |
| Good Heat | 16 Oct 2025 | 1 | 0 | |
| Hachiko | 3 Dec 2025, Seed | 1 | 0 | |
| Harvest B | 12 Sep 2025, Seed | 1 | 0 | |
| Hatch | 19 Feb 2024, Seed | 1 | 0 | |
| Iluminr | 11 Oct 2022, Seed | 1 | 0 | |
| Language Confidence | 18 Apr 2022, Seed | 1 | 0 | |
| Lumonus | Mar 2026, Series B | 2 | 0 | |
| Mastt | 14 Mar 2021 | 2 | 0 | |
| Mist | 14 Dec 2023, Seed | 1 | 0 | |
| Outlier Space | 29 Jul 2026, Pre-seed | 1 | 0 | |
| Quantum Brilliance | 26 Aug 2021, Seed | 4 | 0 | |
| Restoplus | 21 Apr 2023, Seed | 1 | 0 | |
| Rntr | 4 Oct 2022 | 1 | 0 | |
| Series A - 2025 | Job shop software for fabricators to quote, schedule, and invoice | Jan 2026, Series A | 1 | 0 |
| Sherlok | 2 Jul 2023 | 1 | 0 | |
| Spot Ship | Apr 2022, Pre-seed | 1 | 0 | |
| Switchboard | May 2024, Seed | 1 | 0 | |
| Tiiik | 28 Feb 2022, Seed | 1 | 0 | |
| Tikpay | Account-based ticketing and payments for public transport | 19 Sep 2023, Pre-seed | 1 | 0 |
| Voltavate | 11 Jun 2025, Pre-seed | 1 | 0 | |
| Xefco | 29 Apr 2024, Seed | 1 | 0 | |
| ZeroJet | 4 Oct 2022 | 1 | 0 | |
| Cape | 22 Mar 2022, Pre-seed | 1 | 1 | |
| Car Next Door | 6 Feb 2018, Series B | 1 | 1 | |
| Consultmed | 14 Apr 2022, Seed | 1 | 1 | |
| Datafarming | 11 Nov 2022, Seed | 1 | 1 | |
| Directo | 1 Apr 2022, Seed | 1 | 1 | |
| Earthodic | 31 May 2023, Pre-seed | 2 | 1 | |
| Effi | 16 Feb 2021, Seed | 1 | 1 | |
| Factory | 2023, Seed | 2 | 1 | |
| Factory.app | 23 Oct 2023, Seed | 1 | 1 | |
| Fingerprint For Success | 3 Feb 2023, Seed | 1 | 1 | |
| Fugu Carbon | Jul 2024, Seed | 1 | 1 | |
| IIF | 24 Mar 2023, Seed | 2 | 1 | |
| iNSPIRETEK | 7 Feb 2022, Seed | 1 | 1 | |
| JigSpace | 3 Aug 2020, Seed | 4 | 1 | |
| Kara Technologies | 11 Nov 2022, Seed | 1 | 1 | |
| Kite Magnetics | 5 Oct 2022, Seed | 2 | 1 | |
| Muso | 29 Oct 2019, Seed | 1 | 1 | |
| Programa | 2 Aug 2021, Seed | 1 | 1 | |
| Renewable Metals | Alkali recycling of lithium batteries to recover critical minerals | 5 Oct 2023, Accelerator | 2 | 1 |
| Rental Heroes | 24 May 2021, Seed | 1 | 1 | |
| ShoreTrade | 9 Mar 2021 | 1 | 1 | |
| SPEC Toolbox | 19 Jan 2026, Series A | 1 | 1 | |
| Syenta | Aug 2025, Seed | 2 | 1 | |
| TRENDii | 7 Oct 2022, Seed | 1 | 1 | |
| Veyor | 23 Apr 2024, Seed | 3 | 1 | |
| Xylo Systems | 4 Oct 2022, Pre-seed | 1 | 1 | |
| Yume | 29 Jan 2024, Seed | 1 | 1 | |
| Zendir | 17 Sep 2025, Seed | 1 | 1 | |
| Inspace | 2017, Seed | 4 | 2 | |
| PlasmaLeap Technologies | Modular plants for local production of fertilisers and fuels | 2026, Series A | 2 | 2 |
| National Renewable Network | Jun 2024, Bridge / extension | 3 | 3 |
Companies Investible'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 |
|---|---|
| AirRobe | - |
| Akin | - |
| Apate AI | - |
| Applied EV | - |
| Baskit | - |
| Betterdata | - |
| Booksy | - |
| BSpkl | - |
| CalReply | - |
| Canva | - |
| CarbonClick | - |
| Comet CX | - |
| CounterCurrent | - |
| DeCarice | - |
| Dexibit | - |
| Dimple | - |
| Disrupt Sports | - |
| Esper Satellite Imagery | - |
| Evidentli | - |
| Faye | - |
| Fifth Domain | - |
| FileAI | - |
| Five Good Friends | - |
| FlyORO | - |
| Geosnapshot | - |
| GetSolar | - |
| Gradability | - |
| Greenhouse | greenhouse.tech ↗ |
| Grw AI | - |
| Headsafe | - |
| Hey You | - |
| Hoops | - |
| Invigo | - |
| Ipsy | - |
| I V Y Labs | - |
| Juggle Street | - |
| Kanopi | - |
| Kinde | - |
| Lawpath | - |
| Ledgerowl | - |
| LIGR | - |
| Literal | - |
| LocalIntel | - |
| Manettas Seafood | - |
| Market Engine | - |
| MerchantSpring | - |
| Mize | - |
| Mosaic | - |
| Mozo | - |
| MyRobin | - |
| NEXL | - |
| Next World | - |
| Novalith | - |
| Parcel Perform | - |
| Prospus | - |
| Protos Labs | - |
| Purpose Bureau | - |
| Rakamin | - |
| Readify | - |
| ReHeroes | - |
| Revibe | - |
| Runthru Software | - |
| SafetyCulture | - |
| Tankstreamlabs | tankstreamlabs.com ↗ |
Fund closes reported for Investible, as distinct from the investments it has made.
| Fund | Announced | Committed | Target | Close | Sources |
|---|---|---|---|---|---|
| Fund 4 | 10 Feb 2025 | $51.6m | - | - | Investible, Startup Daily |
| Climate Tech Fund | 4 Oct 2022 | $30m+ | $100m | Interim | Startup Daily, SmartCompany |
| Fund 2 | Nov 2021 | $51.6m | - | Final | Techboard, Startup Daily (Mon 13 Dec 2021), Startup Daily (Thu 9 Dec 2021), TechCrunch Australia |
| Fund 2 | 18 Jun 2021 | $35m | $50m | Interim | Startup Daily (Thu 9 Dec 2021), Startup Daily (Thu 30 Sep 2021), SmartCompany (Tue 22 Jun 2021), Women's Agenda, Startup Daily (Mon 21 Jun 2021), SmartCompany (Fri 18 Jun 2021), Startup Daily (Tue 15 Jun 2021), SmartCompany (Tue 15 Jun 2021) |
| Fund 1 | 1 Oct 2019 | $22.5m | $20m | Final | Startup Daily (Thu 9 Dec 2021), Startup Daily (Tue 16 Mar 2021), Startup Daily (Tue 1 Oct 2019) |
Companies Investible has backed that another company then bought. An exit for the holding, not a deal Investible did.
Stories naming Investible. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Investible explains its venture model and reports drawing $50m last year for its third early-stage fund and Club vehicle, with LumonusAI and Outlier Space in the portfolio.
Also Startup Daily
Investible announces the promotion of Nicholas Ooi to Investment Manager, describing his deal approach, portfolio work since 2023, and his path from law and consulting into venture capital.
Roundup of the week's Australia and New Zealand raises: Gridsight, Pearler and Apate.AI secure the biggest cheques, Drumbeat and GonGlobal add smaller sums, and ten AI startups join Airwallex's Latitude 37 program.
Australian startup capital climbed 30% in early 2024 even as deal counts fell; Skalata Ventures topped investor activity with 13 participations, ahead of Blackbird and Investible.
Also TechCrunch Venture·Forbes Australia·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Australian FinTech·Forbes Australia·Forbes Australia
Apate.AI, which deploys conversational AI to disrupt phone fraud, has banked $11.4 million in seed backing from Lobby Capital and others, with proceeds earmarked for overseas growth and a US re-incorporation.
Eight Australian companies make Forbes Asia's annual 100 To Watch list; the piece profiles each and recaps recent raises across climate tech, health and software.
Weekly roundup: Constantinople raises $62.5m; Blackbird wraps fund six above $1b; Guardhouse buys Mobohubb; SCX.ai debuts on the ASX; plus seed rounds, exits and executive changes across the ecosystem.
Farm-investment platform IIF has raised a fresh round with Verdex Capital leading and AgFunder and Investible also taking part, as it prepares to launch in Canada.
Also AgFunderNews
Sydney cleantech PlasmaLeap raised a US$20m Series A to build fertiliser hubs and expand green ammonia reactor technology for farmers.
Sydney-based chip packaging startup Syenta raised a Series A led by Playground Global and the National Reconstruction Fund to commercialise its interconnect manufacturing technology and expand into the US.
Roundup of eight Australian and New Zealand startups whose late-July funding totals $102 million across space capsules, medical devices, livestock breath analysis, sports analytics and AI crop forecasting.
A maker of satellites for in-orbit drugs and materials production has landed an outsized pre-seed round led by New Zealand's GD1, with Airtree and other venture firms taking part.
Investible's note explains its pre-seed backing of satellite startup Outlier Space alongside GD1 and others, arguing uncrewed return-capable platforms will make off-world manufacturing viable as the ISS retires.
Melbourne EV materials company Kite Magnetics has been awarded an Australian government grant to commercialise its motor-core material, with a larger Series A raise planned but not secured.
Also Startup Daily
Creditors have voted to wind up Canberra insect-protein startup Goterra after sale and recapitalisation efforts failed, with administrators reporting mounting losses and recoveries likely confined to their fees.
Weekly roundup of three Series A raises: chipmaker Syenta (US$26m), insights platform Ideally and battery recycler Renewable Metals, detailing leads, amounts and each company's earlier funding.
Also Startup Daily
Chip startup Syenta raised a Series A led by Playground Global with the National Reconstruction Fund to commercialise its packaging technology and expand into the US; ex-Intel chief Pat Gelsinger joins its board.
Syenta, an ANU spinout in Sydney, has secured $36 million in Series A funding to commercialise its chip packaging technology; Playground Global and the National Reconstruction Fund led, and Pat Gelsinger joins the board.
Battery recycler Renewable Metals has banked a $12 million Series A, led by the Clean Energy Finance Corporation, to build a Kewdale demonstration plant; its seed round totalled $16.1 million across two tranches.
Australia's clean energy finance agency led an oversubscribed $12 million Series A in a Western Australian battery recycling startup, joining existing and new investors to fund prototype operations and first commercial plant design.
Also @AuManufacturing·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·RenewEconomy·RenewEconomy·renewable-metals.com·esgwise.org·esgtoday.com·nationaltribune.com.au·Dealroom·evmagz.com·battery-tech.net·fundedstartupsdaily.com
GrainCorp's venture arm has joined a Series A backing PlasmaLeap Technologies, an Australian maker of modular on-farm fertiliser systems, which will use the funds for its first hubs in NSW and Tasmania.
A weekly roundup detailing new funding rounds for six Australian startups: Lyka, PlasmaLeap, Firmable, Veyor, Lumonus and Future Minds Network, with investors and round details.
PlasmaLeap, a Sydney maker of emissions-free fertiliser technology, has closed a US$20m Series A backed by Gates Foundation, Investible, Yara Growth Ventures and other investors.
Investible announces it backed Lumonus' A$28 million round with three co-investors, the first deal from its new early-stage fund; Lumonus builds AI software that automates cancer clinic workflows.
Sydney construction logistics software firm Veyor has banked US$7.5 million in Series A money, with Marbruck Investments leading and CoAct, Investible and SpringCapital taking part; CEO Richard Fifita is relocating stateside.
Also Startup Daily
Sydney maker of manufacturing software Factory has closed a 4.69 million Australian dollar Series A led by Shearwater Capital, with several co-investors, to build product, grow sales and enter the United States.
Roundup of six Australian funding deals: AutoGrab, Applied EV, Checkbox, Hometime, Factory and On the House, with amounts, investors, and Hometime's past acquisitions and raise history detailed.
Also Startup Daily
Sydney manufacturing software startup Factory has raised a $4.69 million Series A led by Shearwater Capital to build product capacity and expand into the US, after a seed round from Investible in 2023.
Roundup of four ANZ raises: a Queensland rocket company's nine-figure Series E, a New Zealand legal-AI firm's Series B, a seed round for AI code-security, and a Melbourne construction-software raise.
Roundup of four ANZ raises totalling over $307m: Gilmour Space's Series E, Ivo's Series B, Dam Secure's seed round and SPEC Toolbox's pre-Series A, plus a board appointment at Dam Secure.
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
Six Australian startups, including Bodd, Hachiko and Cor, collectively secured about $24 million in fresh backing, while seaweed peer Sea Forest floated on the ASX and jumped in early trade.
Weekly funding roundup covering raises by Bodd, Hachiko, Fremantle Seaweed, Cor, Detail Earth and Recovr, plus seaweed peer Sea Forest's ASX float at a $112 million market capitalisation.
Also Startup Daily
Investible's climate tech arm explains its seed investment in Hachiko, a software platform for commercial and industrial batteries, citing distributed storage growth and the founder's energy-trading background.
The surplus-food marketplace has entered liquidation with its assets for sale; the piece recalls its 2024 seed raise led by Investible vehicles and its founder's next steps.
Also Startup Daily
Investible's note explains its pre-seed backing of Gega Elements, which extracts gallium and germanium from industrial waste, alongside Flying Fox Ventures and Salus Ventures via a co-investment program with TRaCE.
Also gegaelements.com
Good Heat announces a $2 million pre-seed round from four backers to fund its thermal storage platform, which sells electrified industrial heat as a service, starting with a large Victorian manufacturing project.
Sydney heat-battery startup Good Heat has raised over $2 million, led by Understorey Ventures with Investible and 2100VC, to replace gas-fired industrial heat with renewable-powered thermal storage, starting in Victoria.
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