Eastend Ventures Fund 1: first close
Eastend Ventures' first fund reached an initial close above $13m as South Australia's inaugural registered ESVCLP, targeting $50m to back early-stage B2B technology firms across SA, WA and QLD.
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Eastend Ventures' first fund reached an initial close above $13m as South Australia's inaugural registered ESVCLP, targeting $50m to back early-stage B2B technology firms across SA, WA and QLD.
South Australia's government investment corporation has put $5 million into Eastend Ventures' debut fund, lifting commitments beyond $25 million as the vehicle nears a final close.
Eastend Ventures led a half-million-dollar US seed round in Nitrosend with Archangel Ventures and Aussie Angels. Founders Edward and George Hartley earlier built SmartrMail, bought by Relay Commerce in 2022.
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Eastend Ventures says Brad Feld, who co-founded Foundry and Techstars, will chair the LPAC of its Fund 1, alongside current committee members Sonya Brocklehurst and Dr Roger Voyle; first meeting May 2026.
Deals recorded from Eastend Ventures portfolio's coverage. A round is listed once, however many of their articles mention it.
Companies named in Eastend Ventures portfolio's articles, most-covered first.
| Company | What it does | Articles |
|---|---|---|
| Blackbird Ventures | 1 | |
| Fitbit | 1 | |
| JACK App | Construction management software for estimating and job tracking | 1 |
| Nova Systems | 1 | |
| Priori Analytica | Predictive analytics software for energy, defense and logistics | 1 |
| Relay Commerce | Acquirer of SmartrMail in 2022 | 1 |
| Shopify | 1 | |
| SmartrMail | Email marketing automation tool for Shopify, acquired by Relay Commerce in 2022 | 1 |
| Square Peg Capital | 1 | |
| Techstars Sydney | 1 | |
| Zynga | 1 | |
| Nitrosend | AI-native email marketing platform for small and mid-sized businesses | 2 |
Investors named in Eastend Ventures portfolio's articles, most-covered first.
| Investor | What it does | Articles |
|---|---|---|
| Eastend Ventures | 4 | |
| Archangel Ventures | 1 | |
| Aussie Angels | Former name of Ventari, angel investment platform | 1 |
| Funds SA | 1 |