Adelaide has emerged as a dynamic startup hub, with its ecosystem valued at $1.9 billion \- a 19% increase from the previous year. The city is home to over 780 startups, employing more than 7,400 people across sectors like renewable energy, health, agriculture, defense, and space. To support entrepreneurs of Adelaide, we've compiled an extensive list of venture capital investors, and our experts have handpicked the top 10 venture capital firms in West Virginia just for you. You can find more details about investment opportunities here.
| VC Firm | Ticket Size | Stages | Founding Year |
|---|---|---|---|
| South Australian Venture Capital Fund (SAVCF) | Up to $2.5 million per investment | Seed to Series A | 2017 |
| Artesian Venture Partners | $50,000 to $2 million | Seed to Series A | 2004 |
| SLB Ventures | Not publicly disclosed | Seed to Later Stage | Not publicly available |
| Blackbird Ventures | $30,000 to $5 million | Pre-Seed to Series C | 2012 |
| OneVentures | $5 million to $20 million | Series A and beyond | 2010 |
| Blue Sky Venture Capital | $1 million to $10 million | Early to Growth Stage | 2006 |
| Brandon Capital Partners | $2 million to $20 million | Seed to Growth Stage | 2007 |
| Starfish Ventures | $1 million to $5 million | Early to Growth Stage | 2001 |
| AirTree Ventures | $500,000 to $5 million | Seed to Series B | 2014 |
| Square Peg Capital | $1 million to $50 million | Series A and beyond | 2012 |
1. South Australian Venture Capital Fund (SAVCF)
The $50 million South Australian Venture Capital Fund (SAVCF) accelerates growth for early-stage South Australian companies with national and global ambitions. SAVCF invests in ventures with proven market potential, focusing on scalability, competitiveness, and job creation. Life science/biotech investments are considered post-Phase 1 clinical trials. Companies must maintain a 50% presence in South Australia.
- Website: savcfund.com
- Founding Year: 2017
- Investment Range: Up to $2.5 million per investment
- Stage: Seed to Series A
- Sector Focus: B2B Software, Space, Clean Energy, Cybersecurity, Defence, Agrifood, Health, Medtech
- Geography: Adelaide, South Australia
2. Artesian Venture Partners
Artesian is a global alternative investment firm founded in 2004, specializing in venture capital, private and public debt, and impact investments. With a focus on creating value in challenging environments, Artesian manages funds for governments, corporations, and family offices. Guided by values like impact, innovation, integrity, and sustainability, Artesian prioritizes responsible, long-term growth.
- Website: artesianinvest.com
- Founding Year: 2004
- Investment Range: $50,000 to $2 million
- Stage: Seed to Series A
- Sector Focus: Various sectors
- Geography: Adelaide, Sydney, Melbourne, Singapore, Shanghai
3. SLB Ventures
SLB is dedicated to achieving a balanced planet by enabling secure, sustainable energy to meet global demand. With a bold commitment to net-zero Scope 3 emissions, SLB pioneers technologies like carbon capture, geothermal, and AI-driven efficiency tools, reducing emissions across industries. Focused on decarbonization, SLB drives impactful change for customers, communities, and the environment.
- Website: slb.com
- Founding Year: Not publicly available
- Investment Range: Not publicly disclosed
- Stage: Seed to Later Stage
- Sector Focus: Energy, Technology
- Geography: Adelaide, South Australia
4. Blackbird Ventures
Blackbird is a venture capital firm based out of Australia and New Zealand that backs ambitious founders with game-changing ideas. They invest across all technology types, from software to space, and support startups from inception to IPO and beyond. With a community worth more than $7 billion-Canva, Zoox, and Culture Amp are part of their portfolio-Blackbird keeps a main stake in the community, mentorship, and belief in founders.
- Website: blackbird.vc
- Founding Year: 2012
- Investment Range: $30,000 to $5 million
- Stage: Pre-Seed to Series C
- Sector Focus: Technology startups across various sectors
- Geography: Melbourne, Sydney, Auckland
- Notable Investments: Canva, Culture Amp, SafetyCulture
5. OneVentures
OneVentures is one of the most outstanding Australian venture capital companies managing more than $900M in FUM. Growth equity, growth credit, and healthcare-focused, OneVentures partners with transformative tech and healthcare companies driving global challenges of digitization, clean energy, and healthcare innovation. With a hands-on approach, they invest, mentor, and strategically enable scaling for high-impact ventures worldwide.
- Website: one-ventures.com
- Founding Year: 2010
- Investment Range: $5 million to $20 million
- Stage: Series A and beyond
- Sector Focus: Healthcare, Technology, Innovation
- Geography: Melbourne, Sydney
- Notable Investments: Vaxxas, Employment Hero, Phocas Software
6. Blue Sky Venture Capital
Blue Sky Capital is an independently controlled venture capital firm, active since 2017\. We invest in startups advancing component technology and hardware, focusing on electronics, photonics, post-silicon materials, and manufacturing tech. Leveraging strong ties with Samtec Electronics, we provide strategic advantages like industry expertise, partnerships, and the agility to invest decisively.
- Website: blueskycapital.vc
- Founding Year: 2006
- Investment Range: $1 million to $10 million
- Stage: Early to Growth Stage
- Sector Focus: Technology, Consumer, Healthcare
- Geography: Australia
7. Brandon Capital Partners
Brandon Capital, Australasia's leading life science venture firm, drives medical breakthroughs into transformative therapies. Backing 50+ startups, Brandon supports companies from seed to commercialization. Through Brandon BioCatalyst, it collaborates with governments, superannuation funds, and research institutes, fostering a sustainable biotech industry that delivers jobs, wealth, and better patient outcomes globally.
- Website: brandoncapital.vc
- Founding Year: 2007
- Investment Range: $2 million to $20 million
- Stage: Seed to Growth Stage
- Sector Focus: Life Sciences, Biotechnology
- Geography: Australia and New Zealand
8. Starfish Ventures
Starfish Ventures, founded in 2001 in Melbourne, has raised over AU$400M across three funds and invested in 60+ companies, including 14 successful trade sales and IPOs. With expertise in venture capital and technology, Starfish partners with entrepreneurs to build innovative, high-growth global businesses, emphasizing the commercialization of Australian R\&D.
- Website: starfishvc.com
- Founding Year: 2001
- Investment Range: $1 million to $5 million
- Stage: Early to Growth Stage
- Sector Focus: Technology, Life Sciences
- Geography: Australia
9. AirTree Ventures
Airtree Ventures is a VC that actively empowers outstanding startups from Australia and New Zealand. Early-stage investors, they come forth to back pioneering founders and share in every step toward their global success. With more than 100 groundbreaking tech companies in their portfolio, Airtree is committed to long-term partnership, regional growth, and going global.
- Website: airtree.vc
- Founding Year: 2014
- Investment Range: $200,000 to $10 million
- Stage: Pre-Seed to Series B
- Sector Focus: SaaS, Marketplace, Fintech, Healthtech
- Geography: Australia and New Zealand
- Notable Investments: Prospa, A Cloud Guru, Canva
10. Square Peg Capital
Square Peg is a venture capital firm based in Australia but investing globally across Australia & New Zealand, Southeast Asia, and Israel, founded in 2012\. The $2.9 billion AUM supports founders from day one through to IPO and beyond. Its portfolio includes companies like Canva, Airwallex, Rokt, Fiverr, Aidoc, and Doctor Anywhere shaping the future of technology globally.
- Website: squarepeg.vc
- Founding Year: 2012
- Investment Range: $1 million to $50 million
- Stage: Series A and beyond
- Sector Focus: Technology companies in the internet economy
- Geography: Melbourne, Sydney, Tel Aviv, Southeast Asia
- Notable Investments: Airwallex, Canva, Stripe
FAQ (Frequently Asked Questions)
- Is VC high risk?
Venture capital is a type of investment that can be risky but has the potential for high returns. However, there is no guarantee of success. Investing in startups is always uncertain, and you might lose your money. Even though VC firms try to minimize risks, investing in startups is always uncertain, and you might lose your money. - What is the best country to set up a VC fund?
If you’re looking to set up a VC fund, many people think the United States has the best venture capital (VC) funds worldwide. This is because the US has a big economy, lots of money available, and many successful startups. - What cities have the most VC investments?
The top five cities for venture capital investment are San Francisco, New York City, Boston, San Jose, and Los Angeles. These cities together receive more than two-thirds (67.5%) of all venture capital investments. - What is the minimum amount for a VC fund?
Venture capital funds usually ask for a minimum investment of $250,000 to $500,000, and sometimes even more. Investing a small amount of money can still cost a lot. These funds are usually only open to wealthy people and big organizations that have a lot of money. - How do I choose a VC fund?
To choose a VC fund, check how much experience and success the venture capital firm has had before. Look at the companies they’ve invested in before to see if they match what your business does. This can help you figure out if they’re a good match for you.
Best of luck with your amazing ventures.
Please note that this list is filtered by various metrics, and all the data are collected through various third-party websites, mostly the VC website. Since data such as ticket size or industry may change, you are requested to visit the official website given in the blog for the latest and updated information.