FundWA
Venture capitalMount Pleasant · Seed–Series A · 9 people tracked
Investment thesis
FundWA invests in early-stage, commercialisation-stage companies based in or closely tied to Western Australia, backing founders with global potential and world-class skills. The fund is industry-agnostic, investing across innovative sectors such as software, health, biotech, education and energy systems, with a particular emphasis on deep tech. It invests and leads rounds at the seed stage through Series A, including potentially pre-revenue companies, and is comfortable following or co-investing. Beyond capital, it provides founder-friendly, non-controlling support including regular meetings, operational and strategic guidance across leadership, finance, legal, governance, cyber and more, plus introductions to its networks and help preparing companies for larger fundraising rounds. It emphasizes diversity and an inclusive environment.
Source: firm website, verified Aug 3, 2026.
Team · 9 people
from the firm's websiteWhat they invest in
from 13 of 17 portfolio companiesSaaS ×4Deep Tech ×3Healthtech ×3Medical Devices ×3AI & Machine Learning ×2Biotech ×2Cleantech ×2Cybersecurity ×2
HQs:Australia×10
Investments · 17 tracked
founders shown can be your intro pathBlack Swan Biotech (BSB) is a biotechnology company developing antisense oligonucleotide (ASO) therapies for Motor Neuron Disease, with a focus on Amyotrophic Lateral Sclerosis (ALS).
BiotechDeep TechHealthtechPerth, AU
CoraMetix develops bioinspired prosthetic heart valves made from specialised polymers using Melt Electrowriting, a microscale 3D printing technology, aiming to replicate natural valve tissue with improved durability and patient-specific customisation.
Deep TechHardwareMedical Devices
Detail Earth provides high-resolution aerial imagery, down to 5 cm resolution with vertical and oblique views updated three times a year, accessible on any device.
AI & Machine LearningDeep TechSpace Tech
Enzide develops enzyme-based additives for conventional plastic manufacturing that make plastics break down after use into water and carbon dioxide without leaving microplastics.
BiotechCleantechNew Materials
Additive that turns ordinary plastic into biodegradable plastic, based on a CSIRO enzyme breakthrough.
On-demand telehealth provider offering GP consults, medical certificates and online prescriptions within 15 minutes.
Hyprfire offers Firebug, a Managed Network Detection and Response (MNDR) solution that adds network threat hunting and visibility by analyzing network traffic metadata rather than performing deep packet inspection.
CybersecurityEnterprise SoftwareSaaS
Co-investorsCurtin AccelerateEastend Ventures
Universal spacer system to improve delivery of inhaled therapies for respiratory conditions.
InterEarth is a carbon dioxide removal startup that grows fast-coppicing native woodland trees on marginal low-rainfall farmland, harvests their above-ground biomass, and buries it underground to lock away captured atmospheric CO2.
AgTechCleantechClimate Tech
Co-investorsCounteractCounteract One
Inspiring Holdings develops a medical device called the Universal Spacer System (USS), designed to work with metered dose inhalers, nebulisers, and dry powder inhalers to improve delivery of inhaled therapies to the lungs.
HardwareHealthtechMedical Devices
Personr is an end-to-end AML compliance platform that handles the full anti-money-laundering process, including AML/CTF program hosting, KYC/KYB client onboarding, PEP and sanctions screening, ongoing monitoring, and AUSTRAC regulatory reporting.
CybersecurityFintechSaaS
Pikko provides human-grade, gently cooked cat food with recipes formulated by nutritionists and vet-approved, personalised to each cat's nutritional needs.
ConsumerDirect to ConsumerE-commerce
SpaceDraft is a visual communication platform that lets teams map people, vehicles, objects and events across space and time using maps, images, voice, video and text to plan and explain operations.
Enterprise SoftwareFuture of WorkSaaS
R&D AI Assist helps companies create accurate R&D tax incentive claims; also building PlanAi for financial advisory.
Thor.AI builds AI-powered software for professional services firms, including tools for financial advisers (automated paraplanning and Statements of Advice), R&D accountants (project description generation), mortgage brokers, and insurance brokers.
AI & Machine LearningFintechSaaS
Vital Trace develops biosensors for continuous lactate monitoring (CLM) to support critical care decisions during childbirth, aiming to provide doctors with real-time clinical data for mothers and babies.
Digital HealthFemTechMedical Devices
Jonathan Morris(Chief Medical Officer)inDr Arjun Kaushik
Co-investorsArtesianMedTech Actuator
Frequently asked questions
- How many investments has FundWA made?
- FundWA has 17 tracked investments.
- What stage does FundWA invest at?
- FundWA invests at the Seed, Series A stages.
- What sectors does FundWA focus on?
- FundWA focuses on Biotech, Climate Tech, Cybersecurity, Deep Tech, Digital Health, Medical Devices, SaaS, Sector Agnostic.
- Where is FundWA located?
- FundWA is headquartered in Mount Pleasant, AU.
- Does FundWA lead rounds?
- Yes, FundWA leads investment rounds.
- Who does FundWA co-invest with?
- FundWA most often shares deals with Counteract One, Curtin Accelerate, Eastend Ventures, among 4 tracked co-investors.
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