Fundraising Fox

Tenmile

Venture capital

Seed–Growth · 11 people tracked

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Investment thesis

Tenmile invests in teams addressing major unmet needs in human health, backing bold ideas with capital, expertise, and conviction to produce better health outcomes alongside strong commercial returns. The firm seeks to make Australia a global health leader by helping translate scientific breakthroughs into scalable, global solutions, bridging the gap between breakthrough research and global impact. Its team combines sector knowledge across medicine, academia, tech transfer, pharma, biotech, and investment banking to support founders. Tenmile invests from seed and beyond across six current focus areas, positioning itself as a founder-first, impact-driven partner offering more than capital.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
Instruments
Equity
Last 12 months
1 investment
Tracked investments
42

Team · 11 people

from the firm's website

What they invest in

from 23 of 42 portfolio companies

Biotech ×16Medical Devices ×10Healthtech ×9AI & Machine Learning ×7Deep Tech ×5Digital Health ×4SaaS ×2Impact & Social Good ×1

HQs:United States×5Australia×4

Investments · 42 tracked

founders shown can be your intro path

By year:2026 · 12024 · 12022 · 13 dated

Revagenixrevagenix.comin✓ verified

Revagenix is a precision-therapeutics company that develops drugs for serious chronic diseases, starting from the underlying biology and unmet clinical needs.

BiotechDeep TechHealthtechMedical Devices

Ryan Cirz(Co-founder & CEO)Andrew McCandlish(Co-founder & COO)Peter Smith(Chief Scientific Officer)Daniel Cloutier(VP, Development)

AdvanCelladvancell.com.auinJun 2026

AdvanCell develops radioisotope-based therapies, using Th-228 sourced through the U.S.

BiotechHealthtechMedical DevicesCambridge, US

Philina Lee(Executive Officer, Director)Aaron Pickett(Executive Officer)Wing Cheong Lam(Director)Nik Economopoulos(Director)Anthony Aiudi(Director)Jamil Beg(Director)

Amaroq Therapeuticsamaroqtx.com

Amaroq Therapeutics develops first-in-class therapies targeting long non-coding RNAs (lncRNAs) implicated in oncology and other diseases.

Biotech

Antares Therapeutics

BiotechBoston, US

Andrew Fedder(Executive Officer, Director)Adam Friedman(Executive Officer, Director)Brian Piper(Executive Officer, Director)

Antaresrxantaresrx.comin𝕏

Antares Therapeutics discovers and develops precision medicines, with a focus on small molecule therapies targeting previously undruggable oncology targets and other serious diseases.

AI & Machine LearningBiotechMedical DevicesCambridge, US

Adam Friedman(Chief Executive Officer)in

Aravaxaravax.com.auin

Aravax develops immunotherapies using proprietary peptides to treat food allergies, with a focus on retraining the immune system to tolerate specific foods.

BiotechHealthtechMelbourne, AU

Ausbiotechausbiotech.orgin

AusBiotech is a membership and advocacy organization representing Australia's life sciences ecosystem, including early-stage discovery, development, commercialization, and manufacturing organizations.

BiotechMedical DevicesBrisbane, AU

Capitalbriefcapitalbrief.com

Capital Brief is a business and politics publication focused on Australia's economy and its intersection with entrepreneurship, capital allocation, and policy.

Media & EntertainmentSydney, AU

Chris Janz(Chief Executive Officer)inDavid Eisman(Chief Business Officer)inJohn McDuling(Editor-in-Chief)

Carina Biotechcarinabiotech.comin𝕏

Carina Biotech develops cell and gene therapy treatments, with ongoing Phase 1/2a clinical trials and research in CAR-TCR technology.

Biotech

Creyoncreyon.comin𝕏

Creyon develops cell-specific therapeutics using aptamer-delivered oligonucleotides and other payloads (lipid nanoparticles, nucleic acids) for immune-driven diseases, CNS conditions, and genetic disorders.

AI & Machine LearningBiotech

Creyon Biocreyonbio.comin𝕏

Creyon develops cell-specific therapeutics using aptamer-delivered oligonucleotides, engineering aptamers to deliver therapeutic payloads to immune cells and across the blood-brain barrier for immune-driven and CNS diseases, plus a splice-switching oligonucleotide program for late-onset Pompe disease.

AI & Machine LearningBiotechDeep Tech

CurveBeam AIOct 2022

Commercial manufacturer of bilateral weight-bearing tomography scanners for orthopaedics.

BiotechMelbourne

Gregory Brown(Director)Ura Phillip Stephen Auckland(Company Secretary)David Seeman(Director)Waradana Malitha Hashan De Silva(Director)Robert Lilley(Director)

Curvebeamaicurvebeamai.com

CurveBeam AI develops cone beam CT point-of-care medical imaging systems and deep learning software for bone and joint analysis, aiding orthopedic surgeons with 3D deformity measurements and bone microstructure analysis.

AI & Machine LearningHealthtechMedical Devices

Cuttlefishcuttlefish.bio
Cuttlefish Bio
Emyriaemyria.com

Clinical services company collecting patient data and developing novel drug and care models, including MDMA-assisted treatment for PTSD.

Humanitixhumanitix.comin

Humanitix is an event ticketing platform that donates 100% of profits to charity.

Impact & Social GoodMarketplacesPhiladelphia, US

Inventiainventia.lifein

Inventia Life Science provides advanced 3D cell culture platforms and reproducible 3D cell models for drug discovery, cancer research, and toxicology assessment.

AI & Machine LearningBiotechMedical Devices

Kantoko

Online platform connecting users with accredited ADHD specialists for diagnosis and treatment plans.

LinkedInsyndeio.bioin
LinkedInstamfordpharmaceuticals.com
Lumaluma.com𝕏

Luma provides a platform for creating event pages, sending invitations, and selling tickets for events.

SaaS

Victor Pontis(Founder)in

Lumos Diagnosticslumosdiagnostics.comin𝕏

Lumos Diagnostics develops rapid, cost-effective point-of-care diagnostic tests and digital reader platforms for healthcare professionals to assess and manage medical conditions.

BiotechHealthtechMedical Devices

Doug Ward(CEO)Paul Kase(Chief Commercial Officer)

Mindset Healthmindsethealth.comin𝕏

Mindset Health develops digital health programs using hypnotherapy and mind-body medicine to help patients manage gastrointestinal disorders and improve health outcomes.

Digital HealthHealthtechMedical DevicesMental HealthWellness & FitnessMelbourne, AU

Alex Naoumidis(Co-founder & Co-CEO)inChris Naoumidis(Founder)in

Onckooncko.com

Oncko develops machine learning and experimental platforms to discover optimized multi-drug cancer treatment combinations by screening against resistance mechanisms.

AI & Machine LearningBiotechDeep Tech

Atray Dixit(Co-founder, CEO)inBill Grossman(Co-founder, Strategic Advisor)in

Perx Health

Digital care management program using daily motivation to drive medication adherence in high-risk chronic condition members.

Perxhealthperxhealth.comin

Perx provides a digital care management platform for medically complex and high-risk members to improve treatment adherence and health outcomes.

Digital HealthHealthtechSaaS

Plexpcrplexpcr.comin𝕏

SpeeDx provides multiplexing technology platforms and diagnostic assays for detecting infectious disease pathogens, including customized solutions for respiratory infections, sexually transmitted infections, gastrointestinal illness, and antimicrobial resistance markers.

BiotechMedical Devices

ProtonIntelprotonintelligence.comin

Proton Intelligence develops CKM™, a continuous monitoring medical device drawing on biosensing and minimally invasive microdevice technology for clinical use.

Deep TechDigital HealthHealthtechMedical Devices

Paul(Veteran IVD technologist)Bill

Proxima Bio

Developing next-generation cell surface degraders to target previously undruggable proteins in autoimmune conditions and cancers.

Psylopsylo.bioMay 2024

Sydney, Nsw

Joshua Ismin(Executive Officer, Director)Samuel Banister(Director)

Rekover Therapeutics

Developing a drug to remyelinate neurons in multiple sclerosis patients.

Rock Healthrockhealth.com

Halle Tecco(Founder)

SpeeDx

Multiplex diagnostic testing kits used by pathology labs for respiratory diseases and STIs.

Stamford Pharmaceuticals

Developing a gene therapy for advanced forms of basal cell carcinoma skin cancer.

Sweetchsweetch.comin𝕏
Syndeio

Clinical-stage neuroscience company developing ketamine-inspired compounds for depression without hallucinogenic effects.

Tin Alley Venturestinalleyventures.com

Venture fund investing seed to pre-IPO in companies from the University of Melbourne ecosystem, focused on life and physical sciences.

Verge Genomicsvergegenomics.comin𝕏

Verge Labs builds AI models trained on multimodal human patient data to predict drug targets and patient populations for clinical development, primarily in neuroscience and central nervous system (CNS) disease.

AI & Machine LearningBiotechDeep TechDigital HealthHealthtechSan Francisco, US

Alice Zhang(Founder/CEO)inEmily Ripka(Head of Product & Engineering)Jason Chen(Cofounder)

Xylo

Manufacturer of 5HT2A small molecules for mental health disorders using a computational approach.

Yosemite

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Tenmile invest at?
Tenmile invests at the Seed, Series A, Series B, Series C, Growth stages.
What sectors does Tenmile focus on?
Tenmile focuses on Biotech, Digital Health, Healthtech, Impact & Social Good, Longevity, Medical Devices, Wellness & Fitness.

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