Fundraising Fox

30X30 Scaleup Program

Accelerator

Melbourne · Seed–Late Stage · 3 people tracked

Fox Verdict
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Investment thesis

30X30 is a fully subsidised scaleup program operated by LaunchVic for high-growth companies, primarily at Series B and beyond. It offers tailored coaching from ex-founders, GMs and investors experienced in scaling, plus a built-in peer network of founders and executives facing similar challenges. Eligible companies typically have raised AUD $10M+ in a round, employ 50+ people, generate AUD $1M+ monthly revenue, or hold valuations between AUD $30M-$200M, with at least 12 months of runway. No equity is taken to participate. Since 2022 the program has supported 38 companies across four cohorts, helping them address scaling and back-office challenges.

Invests inSector AgnosticAustraliaMelbourne

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
HQ
Melbourne, VIC, AU
Instruments
Grants
Founded
2022
Portfolio companies
10

Team · 3 people

from the firm's website

What they invest in

from 5 of 10 portfolio companies

GovTech ×3AI & Machine Learning ×1Cleantech ×1Digital Health ×1Energy ×1Future of Work ×1Mental Health ×1Mobility & Transportation ×1

HQs:Australia×4

Portfolio companies · 10 tracked

alumni founders can tell you what the program is really like
Founder Studiobrighteyevc.notion.sitein𝕏

Thymia builds AI models that assess mental health conditions by combining voice, video, and behavioral data for a multi-modal evaluation.

AI & Machine LearningDigital HealthFuture of WorkMental HealthSaaS

Co-investors1991 VenturesAngel Collective Opportunity FundAtinum Investment Co. Ltd.b2ventureBonfire VenturesBrighteye Ventures+31 more

Funding and incentivesindustry.gov.au
Grants & Programsbusiness.vic.gov.au
Grants and Scholarshipsmelbourne.vic.gov.au
Grants schemeswww.vic.gov.au

Official Victorian State Government website providing residents with access to government services and information including vehicle registration rebates, fuel supply updates, energy and cost-of-living savings, early childhood (Free Kinder) and vocational (Free TAFE) education, fine payments, and public safety.

GovTech

JET Chargejetcharge.com.au

JET Charge provides electric vehicle charging installation services for homeowners, offering on-site or online electrical assessments and quotes for home EV charger installation.

CleantechEnergyMobility & Transportation

Co-investorsVirescent Ventures

Launchviclaunchvic.orgin𝕏

LaunchVic is Victoria's startup agency that funds accelerator programs and provides support to founders, investors, and startup programs across the Australian state.

GovTechMelbourne, AU

Co-investorsCivVic LabsCut Through AngelsRampersandScale Investors

Launchviclaunchvic.notion.site
LAVOin𝕏

Government website providing information, grants, funding, and support programs for businesses in Australia, including guides on business registration, structures, and risk management.

GovTech

Co-investorsR&D Tax Incentive

Frequently asked questions

How many investments has 30X30 Scaleup Program made?
30X30 Scaleup Program has 10 tracked investments.
What stage does 30X30 Scaleup Program invest at?
30X30 Scaleup Program invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does 30X30 Scaleup Program focus on?
30X30 Scaleup Program focuses on Sector Agnostic.
Where is 30X30 Scaleup Program located?
30X30 Scaleup Program is headquartered in Melbourne, AU.
Who does 30X30 Scaleup Program co-invest with?
30X30 Scaleup Program most often shares deals with Bonfire Ventures, Brighteye Ventures, Compound, among 45 tracked co-investors.

Media · Podcasts & interviews

from their channel

What Investors Actually Want in a Pitch | LaunchVic's BOLD EP 3

launchvic

Advice for Startups Raising Capital in Victoria | LaunchVic's BOLD EP 3

launchvic

What Makes a Startup Investment-Ready? | LaunchVic's BOLD EP 3

launchvic

The Founder-Investor Marriage | LaunchVic's BOLD EP 3

launchvic

What Investors Look for in Their Startup Picks | LaunchVic's BOLD EP 3

launchvic

Raising Capital: What Investors Actually Look For | LaunchVic's BOLD | Episode 3

launchvic

Images

30X30 Scaleup Program photo

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