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Paspalis

Venture capital

Darwin · Seed–Series B · 15 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
Last 12 months
1 investment
Tracked investments
4

Team · 15 people

from the firm's website & curated & public directories

What they invest in

from 4 of 4 portfolio companies

AI & Machine Learning ×2Deep Tech ×2Mobility & Transportation ×2Space Tech ×2Advanced Manufacturing ×1AgTech ×1Climate Tech ×1Energy ×1

HQs:Singapore×2Australia×1

Investments · 4 tracked

founders shown can be your intro path

By year:2026 · 12025 · 12024 · 13 dated

Alienaaliena.sgApr 2024

Aliena develops electric propulsion systems, including Hall thrusters and hollow cathodes, for commercial, government, and research satellites.

Deep TechHardwareMobility & TransportationSpace TechSingapore, SG

Jian Wei Mark LiminMark Lim(Co-founder & CEO)inGeorge-Cristian Potrivitu(Co-founder & CTO)in

Co-investors500 GlobalWavemaker PartnersSEEDS Capital

Atomionicsatomionics.comin𝕏Sep 2025 · $12.7M

Atomionics builds quantum-grade gravity sensors (GRAVIO) and AI-powered 3D subsurface modeling (ORE-O) to map underground geology and locate mineral deposits.

AI & Machine LearningClimate TechDeep TechEnergyMobility & TransportationQuantum ComputingSingapore, SG

Sahil Tapiawala(CEO)inRavi Kumar(CTO)in

Co-investors500 GlobalEntrepreneur FirstIn-Q-TelSGInnovateVU Venture PartnersWavemaker Partners+1 more

HEO Roboticsheo-robotics.comin𝕏Seed

A company that repurposes Earth observation satellites using software to capture images of other orbiting satellites for government and defense customers.

Advanced ManufacturingSpace TechSydney, AU

Will Crowe(Founder)inHiranya Jayakody(Founder)in

Co-investorsAirTree VenturesIn-Q-TelSalus VenturesY CombinatorAsymmetry VenturesBeaten Zone Venture Partners+2 more

Polybeepolybee.coinFeb 2026 · $4.3M

Polybee builds autonomous drone fleets and AI vision systems to provide real-time crop monitoring and precision pollination for fresh produce growers.

AgTechAI & Machine LearningRobotics

Siddharth Jadhav(Founder)in

Co-investorsElev8.vcSEEDS Capital

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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