Fundraising Fox

Paspalis

Venture capital

Darwin · Seed–Series B · 14 people tracked

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Investment thesis

Paspalis is one of Australia's leading venture capital firms, headquartered in Darwin with active operations in Singapore and Sydney. It specialises in global deep-tech, backing startups from around the world. Beyond venture capital, its business divisions include strategic investment in Northern Australia, property investment, and community engagement. The firm emphasizes aligning its interests with investors and partners to create lasting impact in Northern Australia, prioritizing the region's economic growth. Founded by Michael Paspalis MBE, the group has been a fixture of Darwin's business landscape for nearly a century, operating across trade, hospitality, commercial property, and retail.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series B
Check
$330K – $1.6M
HQ
Darwin, Northern Territory, AU
Instruments
Equity
Founded
1927

Team · 14 people

from the firm's website & public directories

Frequently asked questions

What stage does Paspalis invest at?
Paspalis invests at the Seed, Series A, Series B stages.
What is Paspalis's typical check size?
Paspalis typically writes checks of $330K – $1.6M.
What sectors does Paspalis focus on?
Paspalis focuses on Advanced Manufacturing, AgTech, Consumer, Data & Infrastructure, Deep Tech, Defense Tech, Energy, Enterprise Software, Media & Entertainment.
Where is Paspalis located?
Paspalis is headquartered in Darwin, AU.

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