Fundraising FoxVictorian Clean Technology Fund
Venture capitalMelbourne · Seed–Series A
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Investment thesis
VCTF invests in emerging clean technology and renewable energy businesses, targeting the gap between discovery and commercialisation. It provides equity funding along with mentoring and partnership opportunities to help new ventures grow. Being an evergreen fund, returns from successful ventures are reinvested into new opportunities, so the fund favors investments with a clear commercial return and exit strategy. Initial investments are typically up to $0.5 million, with potential follow-on funding when a company is positioned to build on early wins. The fund generally seeks to co-invest alongside other funding sources to leverage its capital. It has backed more than 30 companies delivering both commercial and environmental impact.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 8 of 13 portfolio companiesCleantech ×8Energy ×7Climate Tech ×4Hardware ×3Advanced Manufacturing ×1Consumer ×1Deep Tech ×1IoT ×1
HQs:Australia×6United States×2
Investments · 13 tracked
founders shown can be your intro pathBy year:2022 · 12019 · 12 dated
Allume Energy makes SolShare, hardware that lets a single rooftop solar system be shared across all apartments and common areas in a multi-unit building, distributing the energy fairly among residents.
CleantechEnergyHardwareMelbourne, AU
Co-investorsMelbourne Accelerator Program (MAP)Third DerivativeEarthshot Ventures
Gane Energy develops Gane Fuel, a patented low-sulphur liquid fuel made from a dimethyl ether, methanol, water, and additive mixture derived from natural gas or renewables, designed as a lower-emission alternative to diesel that can be used in compression ignition engines via retrofit.
CleantechClimate TechEnergy
HAMR Energy develops low-carbon and renewable fuels projects, including hydrogen and biomass-based solutions, for sectors difficult to decarbonize.
CleantechClimate TechEnergyAustralia, AU
David Stribley(Co-Founder & Business Development Director)in
Co-investorsAirbus
PVSTOP manufactures specialized fire suppression and safety application systems for solar photovoltaic installations, including handheld portable vessels and drone-based delivery systems.
CleantechEnergyHardwareSaaSMelbourne, AU
Jim Foran(Co-Founder & CEO)inLuke Williams(Co-Founder)inSteve(North America Expansion Lead)
Savic Motorcycles is a company focused on high-performance electric motorcycles and branded apparel.
CleantechConsumerHardwareMobility & TransportationMelbourne, AU
Dennis Savic(Founder)in
Co-investorsImpact Ventures Management Pty LtdEnergyLab
Southern Green Gas develops Direct Air Capture (DAC) technology that removes carbon from the atmosphere for positive use in energy processes.
CleantechClimate TechDeep TechEnergySouthbank, AU
Rohan Gillespie(Managing Director and Founder)in
Synergen Met operates a team focused on PFAS (per- and polyfluoroalkyl substances) treatment and destruction, leveraging expertise in plasma pyrolysis, water treatment, and thermodynamic modeling for environmental remediation.
Advanced ManufacturingCleantechClimate TechEnergy
Christopher Dunks(CEO)
BoardTerence Gray(Chairman)
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
555 Bryant StreetAllumeCapricornDNA EnergyHAMR
Frequently asked questions
- How many investments has Victorian Clean Technology Fund made?
- Victorian Clean Technology Fund has 13 tracked investments.
- What stage does Victorian Clean Technology Fund invest at?
- Victorian Clean Technology Fund invests at the Seed, Series A stages.
- What is Victorian Clean Technology Fund's typical check size?
- Victorian Clean Technology Fund typically writes checks of $500K.
- What sectors does Victorian Clean Technology Fund focus on?
- Victorian Clean Technology Fund focuses on Cleantech, Climate Tech, Energy, Impact & Social Good, New Materials.
- Where is Victorian Clean Technology Fund located?
- Victorian Clean Technology Fund is headquartered in Melbourne, AU.
- Does Victorian Clean Technology Fund lead rounds?
- Victorian Clean Technology Fund typically participates in rounds rather than leading them.
- Who does Victorian Clean Technology Fund co-invest with?
- Victorian Clean Technology Fund most often shares deals with Impact Ventures Management Pty Ltd, Melbourne Accelerator Program (MAP), Third Derivative, among 3 tracked co-investors.
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