Venture capital fund · 2 deals
Every published round Scale 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 |
|---|---|---|---|---|---|---|
| Human Health | Unnamed stage | 30 Oct 2025 | $8.5m | Participant | Startup Daily (Fri 31 Oct 2025), SmartCompany (Fri 31 Oct 2025), Startup Daily (Thu 30 Oct 2025), Forbes Australia, SmartCompany (Thu 30 Oct 2025) | |
| Circle In | Unnamed stage | Apr 2023 | $2m | Participant | Alberts Impact Ventures (Tue 19 Dec 2023), SmartCompany, Women's Agenda, Startup Daily, Alberts Impact Ventures (Thu 13 Apr 2023), Our Innovation Fund, Alberts portfolio |
Companies Scale 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 |
|---|---|---|---|---|
| Human Health | 30 Oct 2025 | 1 | 0 | |
| Circle In | Apr 2023 | 1 | 0 |
Fund closes reported for Scale Ventures, as distinct from the investments it has made.
Companies Scale Ventures has backed that another company then bought. An exit for the holding, not a deal Scale Ventures did.
| Name | Role | Sources |
|---|---|---|
| Samar Mcheileh | Managing Partner (former) | Startup Daily, Breakthrough Victoria |
Stories naming Scale Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Blackbird and Airtree mark Canva's worth down sharply, the employee share price falls too, and commentators question whether a 2027 sharemarket float remains realistic amid sliding confidence in AI-era software.
Roundup of manufacturing news: Archer Materials' biochip results with IMEC, Resmed's CPAP mask launch, Boeing's RAAF P-8A upgrades, Breakthrough Victoria's $75m across venture funds, an Avalon Airport freight facility, and Sleeptite's FlexiSense.
Victoria's Breakthrough Victoria has committed $75m to five specialist VC funds covering climate tech, life sciences, female founders and healthcare, each pledging a quarter of its capital to local startups.
Breakthrough Victoria is putting $75 million into five venture capital funds, including Virescent, SYNthesis BioVentures, Scale and Galileo, each of which has pledged a quarter of its capital to Victorian startups.
Blackbird partner Samantha Wong reflects on a decade of the firm's Sunrise conference and Australia's startup ecosystem, recalling Atlassian's Nasdaq listing and Aconex's float and sale to Oracle.
Also SmartCompany