Paspalis
Venture capitalDarwin · 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.
Team · 15 people
from the firm's website & curated & public directoriesWhat they invest in
from 4 of 4 portfolio companiesAI & 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 pathBy year:2026 · 12025 · 12024 · 13 dated
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
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
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
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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