Fundraising Fox

South Australian Venture Capital Fund

Government fund

Adelaide · Seed–Series A

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Investment thesis

The SAVCF backs early-stage South Australian companies that have demonstrated market traction and a route to revenue, requiring investees to keep at least 50% of assets and staff in South Australia within 12 months of investment. It targets 5-10 Seed investments of up to $400K and 5-12 Series A investments of around $2.5M, often as follow-ons and sometimes leading rounds. It is sector-agnostic with interest areas including B2B software, space, clean energy, cybersecurity, defence, agrifood, and health/medtech. Life science and biotech companies are only considered after Phase 1 clinical trial results or medical-device equivalent. The fund aims for commercial returns and supports exits via M&A, trade sales, and IPOs.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
Check
$400K – $2.5M
HQ
Adelaide, SA, AU
Leads rounds
Leads
Instruments
Equity
Founded
2017
AUM
$50M
Tracked investments
9

Investments · 9 tracked

founders shown can be your intro path
BiomeBank

Clinical-stage biotech restoring gut microbial ecology to treat and prevent disease.

Ferronova

Cancer diagnostics company developing tracer systems for improved lymph node identification.

Fivecast

Platform that analyzes publicly available social media data to detect safety and security risks.

Fleet

Building a low-power satellite network providing global coverage for IoT devices.

Kid Sense

Provides occupational and speech therapy services to children with developmental challenges.

Kindship

Digital social network connecting and informing parents raising children with disabilities.

Lumary

Australian healthcare platform for disability and aged care industries.

Myriota

Low-cost, long-battery-life global IoT connectivity provider.

Seonix Bio

Using genetics to predict glaucoma risk and reduce blinding eye disease.

Frequently asked questions

What stage does South Australian Venture Capital Fund invest at?
South Australian Venture Capital Fund invests at the Seed, Series A stages.
What is South Australian Venture Capital Fund's typical check size?
South Australian Venture Capital Fund typically writes checks of $400K – $2.5M.
What sectors does South Australian Venture Capital Fund focus on?
South Australian Venture Capital Fund focuses on AgTech, Cybersecurity, Defense Tech, Energy, FoodTech, Healthtech, Medical Devices, SaaS, Sector Agnostic, Space Tech.
Where is South Australian Venture Capital Fund located?
South Australian Venture Capital Fund is headquartered in Adelaide, AU.
Does South Australian Venture Capital Fund lead rounds?
Yes, South Australian Venture Capital Fund leads investment rounds.

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