Venture capital fund · 14 deals
Teneriffe, QLD
Every published round Black Sheep 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 Black Sheep 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 |
|---|---|---|---|---|
| Book An Artist | 10 Mar 2022 | 1 | 1 | |
| Project Manda | 28 Mar 2025, Pre-seed | 1 | 1 | |
| Aerotruth | 22 Dec 2022, Seed | 1 | 0 | |
| Brainfish | AI customer experience platform | 6 May 2024 | 2 | 0 |
| Cor | Builds Obi, a voice AI agent that onboards software users over video calls | 3 Dec 2025, Pre-seed | 1 | 0 |
| Curious Thing | Sydney-based artificial intelligence start-up developing conversational AI | 15 May 2022, Seed | 1 | 0 |
| Haast | AI-native compliance platform automating marketing content review for enterprises | 6 Nov 2023, Pre-seed | 4 | 0 |
| Layer | Managed marketplace democratising access to licensed content for games and metaverse owne… | 10 May 2022, Seed | 1 | 0 |
| OneMRI | 18 Aug 2025, Seed | 1 | 0 | |
| Preve | Helps physical therapy clinics improve patient retention and clinical outcomes | 22 May 2025, Seed | 1 | 0 |
Fund closes reported for Black Sheep Capital, as distinct from the investments it has made.
Companies Black Sheep Capital has backed that another company then bought. An exit for the holding, not a deal Black Sheep Capital did.
| Name | Role | Sources |
|---|---|---|
| Dan Gavel | DIRECTOR | Startup Daily, Black Sheep Capital team page |
| Daniel Gavel | Director | Startup Daily (6 Apr 2023), Startup Daily (20 Apr 2022) |
Stories naming Black Sheep Capital. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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.
Aura Ventures portfolio company Haast has closed a US$12 million Series A, with Peak XV Partners leading and DST Global Partners, Airtree and Black Sheep Capital joining, funding product development and international expansion.
A roundup of five Australian startups that together raised $30.1 million this week, spanning compliance AI, chemical-industry software, insurance automation, women's health diagnostics and an AI receptionist for trades.
Also Startup Daily·Startup Daily·Startup Daily·theaustraliatoday.com.au
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
Body scan startup OneMRI, co-founded by Go1's Andrew Barnes and Dr Vu Tran, has secured $2.5 million in seed funding from a broad investor group to expand its preventative whole-body MRI scanning service nationally.
Weekly roundup detailing new capital for Australian startups Diraq, BrainFish, RecycleSmart, Cohabit and Five Faces, alongside Alumly's undisclosed multimillion-dollar backing from UK investor Mauve Group.
Also Startup Daily
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
Wescover, an American marketplace for custom-made creations, has been bought by Melbourne-headquartered Book An Artist, which plans to merge the platforms; the piece also recalls Book An Artist's 2022 raise.
Project Manda, whose AI platform trims wasteful meetings, has collected more than $2 million at pre-seed, with Tech Labs Capital and Black Sheep Capital leading, as it eyes the US market.
Compliance software company Haast has banked an oversubscribed $1.2 million pre-seed round led by Aura Ventures, with Black Sheep Capital and angel investors taking part, to keep building its marketing compliance platform.
Weekly roundup of nine Australian startups that together raised over $233 million, led by Hysata's $172 million Series B, with rounds also for V2 Digital, AgriWebb, Disco, Genero, Brainfish, Kite Therapy, Nucanon and Maslow.
Sydney AI customer-support startup Brainfish has raised $3.85 million in a round led by Peak XV Partners' Surge, with Macdoch Ventures, Black Sheep Capital and angels taking part, bringing its total capital to $5 million.
Also Startup Daily·Forbes Australia·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany
Aura Ventures' post sets out its case for leading Haast's pre-seed round alongside Black Sheep Capital and angel investors, backing the AI startup's platform for brand and regulatory compliance across digital marketing.
Also Aura Group portfolio·SmartCompany·Startup Daily·SmartCompany·Startup Daily
Weekly roundup covering fresh raises by four Australian startups: Ignition's banking facility, HEO Robotics' Series A, Laronix's seed round and Haast's pre-seed, plus a past ACT grant.
Also SmartCompany·SmartCompany·Startup Daily·Forbes Australia·Wholesale Investor
Modo, a Melbourne company developing a mind-clarity app, has secured pre-launch backing of $800,000 from five funds plus founders of Culture Amp and Seer; the app offers subscription access from early 2024.
A year-end roundup listing six recent startup raises, giving amounts, lead investors and co-investors for Tic:Toc, 5B, Syenta, Vively, Aerotruth and Potiki, plus each company's stated plans for the money.
Partnership software maker Aerotruth has closed an oversubscribed seed round led by Archangel Ventures, with six other investors joining, to fund global growth and product development.
Also SmartCompany
AfterWork Ventures explains why it led coaching-software startup Medoo's pre-seed round, profiling its two founders' operating backgrounds and arguing workplace trends will drive adoption of coaching tools.
Aura Ventures sets out why it backed Layer's seed round with several co-investors, covering the gaming IP licensing opportunity and the founders' relevant experience.
Llama Life, a Melbourne desktop tool for focus and task completion, has collected $950,000 in pre-seed backing, with Black Sheep Capital leading and US investors Jason Calacanis plus his LAUNCH syndicate joining.