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 · 70 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 |
|---|---|---|---|---|
| Cape | 22 Mar 2022, Pre-seed | 1 | 1 | |
| CarbonHQ | Sydney climate startup | 12 Feb 2024, Pre-seed | 1 | 0 |
| CIM | 4 Oct 2022, Series A | 1 | 0 | |
| Consultmed | 14 Apr 2022, Seed | 1 | 1 | |
| Datafarming | Agtech company founded by Tim Neale | 11 Nov 2022, Seed | 1 | 1 |
| Directo | 1 Apr 2022, Seed | 1 | 1 | |
| Emmi | 4 Oct 2022 | 1 | 0 | |
| Factory.app | 23 Oct 2023, Seed | 1 | 1 | |
| Fingerprint For Success | 3 Feb 2023, Seed | 1 | 1 | |
| frntlne | 19 Jun 2023, Seed | 1 | 0 | |
| Fugu Carbon | Creates machines that extract CO2 from the air and sell it to customers | Jul 2024, Seed | 1 | 1 |
| Gega Elements | Develops low-carbon extraction of gallium and germanium from industrial waste streams | 23 Oct 2025, Pre-seed | 1 | 0 |
| Good Heat | Good Heat uses large-scale thermal energy storage systems powered by renewable electricit… | 16 Oct 2025 | 1 | 0 |
| Hachiko | SaaS platform orchestrating distributed commercial & industrial battery storage assets | 3 Dec 2025, Seed | 1 | 0 |
| Harvest B | Developing plant-based meat ingredient systems for food manufacturers | 12 Sep 2025, Seed | 1 | 0 |
| Hatch | AI-powered employment marketplace connecting young professionals with employers | 19 Feb 2024, Seed | 1 | 0 |
| Iluminr | 11 Oct 2022, Seed | 1 | 0 | |
| iNSPIRETEK | 7 Feb 2022, Seed | 1 | 1 | |
| Invest Inya Farmer | 24 Mar 2023, Seed | 1 | 1 | |
| Kara Technologies | 11 Nov 2022, Seed | 1 | 1 | |
| Language Confidence | 18 Apr 2022, Seed | 1 | 0 | |
| Mastt | 14 Mar 2022, Series A | 1 | 0 | |
| Outlier Space | Builds autonomous, uncrewed satellites acting as orbital factories for high-value materia… | 29 Jul 2026, Pre-seed | 1 | 0 |
| Renewable-metals | Alkali recycling process for lithium batteries | 20 Apr 2026, Series A | 1 | 0 |
| Restoplus | 21 Apr 2023, Seed | 1 | 0 | |
| Rntr | 4 Oct 2022 | 1 | 0 | |
| Sherlok | 2 Jul 2023 | 1 | 0 | |
| SPEC Toolbox | Construction engineering platform for mass timber construction, formerly CLT Toolbox | 19 Jan 2026, Series A | 1 | 1 |
| Switchboard | Building the connective tissue of digital supply chain infrastructure, through a cloud-ba… | 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 |
| TRENDii | AI media company. | 7 Oct 2022, Seed | 1 | 1 |
| Veyor Digital | 23 Apr 2024, Seed | 1 | 1 | |
| Voltavate | Battery innovation platform developing cost-effective electrode-coated nanofibre separato… | 11 Jun 2025, Pre-seed | 1 | 0 |
| Xefco | Deep tech company using plasma-based deposition technology to dye and finish textiles wit… | 29 Apr 2024, Seed | 1 | 0 |
| Xylo Systems | AI biodiversity platform | 4 Oct 2022, Pre-seed | 1 | 1 |
| Yume | Platform helping manufacturers redistribute surplus packaged food to businesses and chari… | 29 Jan 2024, Seed | 1 | 1 |
| ZeroJet | 4 Oct 2022 | 1 | 0 | |
| Apate.ai | Helps banks, telcos, and governments dismantle scam operations | Aug 2025, undisclosed | 2 | 0 |
| Bygen | Carbon activation technology company that completed a Life Cycle Assessment | 15 Apr 2024, Series A | 2 | 0 |
| Earthodic | Startup developing lignin-coating technology for packaging | 31 May 2023, Pre-seed | 2 | 1 |
| Factory | Manufacturing process management platform | 2023, Seed | 2 | 1 |
| JigSpace | Platform enabling creation, sharing and viewing of interactive 3D presentations across de… | Apr 2023 | 2 | 1 |
| Kite Magnetics | Startup developing stator core motors for electric aviation | 5 Oct 2022, Seed | 2 | 1 |
| Lumonus | AI-native digital oncology platform automating radiation oncology workflows | Mar 2026, Series B | 2 | 0 |
| PlasmaLeap Technologies | Developer of zero-emissions chemical reactors for green fertiliser and fuel production | 2026, Series A | 2 | 2 |
| Renewable Metals | Startup recycling lithium-ion batteries to recover critical minerals | 5 Oct 2023, Accelerator | 2 | 1 |
| Syenta | Chip packaging startup developing Localized Electrochemical Manufacturing for advanced se… | Aug 2025, Seed | 2 | 1 |
| Veyor | Cloud-based construction site logistics and materials coordination platform | 6 Mar 2026, Series A | 2 | 0 |
| Inspace | 2017 | 3 | 1 | |
| National Renewable Network | Virtual power plant model changing how Australians access solar and batteries | Jun 2024, Bridge / extension | 3 | 3 |
| Quantum Brilliance | Quantum computing company that installed QPUs at Oak Ridge National Laboratory | Aug 2021, Seed | 4 | 0 |
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 | - |
| Car Next Door | - |
| Comet CX | - |
| CounterCurrent | - |
| DeCarice | - |
| Dexibit | - |
| Digital Harvest | - |
| Dimple | - |
| Disrupt Sports | - |
| Effi | - |
| Esper Satellite Imagery | - |
| Evidentli | - |
| Faye | - |
| Fifth Domain | - |
| FileAI | - |
| Five Good Friends | - |
| FlyORO | - |
| Functionly | - |
| 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 | - |
| Mist | - |
| Mize | - |
| Mosaic | - |
| Mozo | - |
| MyRobin | - |
| NEXL | - |
| Next World | - |
| Novalith | - |
| Parcel Perform | - |
| Plasmaleap | - |
| Programa | - |
| 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 (13 Dec 2021), Startup Daily (9 Dec 2021) |
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 Australia·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.
IIF has secured fresh backing from Verdex Capital, with existing supporters AgFunder and Investible also taking part, to drive its expansion into Canada after recently winning regulatory approval in New Zealand.
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.
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·esgwise.org·esgtoday.com·nationaltribune.com.au·Dealroom·evmagz.com·battery-tech.net
Battery recycler Renewable Metals closed an oversubscribed $12 million Series A led by CEFC to fund round-the-clock prototype operations and engineering design for its first commercial-scale recycling plant in New South Wales.
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.
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.