Hugh Victor McKay Fund
Government fundPre-Seed–Series A
Investment thesis
The Hugh Victor McKay Fund is a co-investment vehicle focused on early-stage AgTech startups based in Victoria, Australia. It invests up to $200,000 per company alongside individual investors, angel groups and early-stage venture capital firms. A portion of each investment (up to $30,000) is provided as a non-dilutive grant, with the remainder taken as equity, allowing founders to retain more ownership at the earliest stages of their companies.
Source: firm website, verified Aug 3, 2026.
Frequently asked questions
- What stage does Hugh Victor McKay Fund invest at?
- Hugh Victor McKay Fund invests at the Pre-Seed, Seed, Series A stages.
- What is Hugh Victor McKay Fund's typical check size?
- Hugh Victor McKay Fund typically writes checks of $200K.
- What sectors does Hugh Victor McKay Fund focus on?
- Hugh Victor McKay Fund focuses on AgTech.
- Does Hugh Victor McKay Fund lead rounds?
- Hugh Victor McKay Fund typically participates in rounds rather than leading them.
Media · Podcasts & interviews
from their channelWhat Investors Look for in Their Startup Picks | LaunchVic's BOLD EP 3
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The Founder-Investor Marriage | LaunchVic's BOLD EP 3
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What Investors Actually Want in a Pitch | LaunchVic's BOLD EP 3
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What Makes a Startup Investment-Ready? | LaunchVic's BOLD EP 3
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Raising Capital: What Investors Actually Look For | LaunchVic's BOLD | Episode 3
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Advice for Startups Raising Capital in Victoria | LaunchVic's BOLD EP 3
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