Victorian Clean Technology Fund
Venture capitalMelbourne Β· Pre-SeedβSeries A
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 Γ8Energy Γ7Climate Tech Γ4Hardware Γ3Advanced Manufacturing Γ1Consumer Γ1Deep Tech Γ1IoT Γ1
HQs:AustraliaΓ6United StatesΓ2
Investments Β· 13 tracked
founders shown can be your intro pathBy year:2022 Β· 12019 Β· 12 dated
Co-investorsAccess Venture PartnersAdit Ventures Management, LlcAgilitas Private EquityAlba Infra PartnersALIVE Israel HealthTech FundAlkemi Growth Capital+76 more
Behind-the-meter hardware and software enabling multi-tenant distribution and billing of solar and battery power; based in Melbourne with operations in the USA and UK.
Allume develops SolShare, a technology that enables multiple apartments to share a single rooftop solar system, addressing affordability and access to clean energy for apartment residents globally.
CleantechEnergyHardwareMelbourne, AU
Developer of the Barton Heat Engine, which converts waste heat into rotational energy to generate low-cost, zero-emissions electricity.
Chattanooga, US
Paul Thomas Croft(Executive Officer)Jonathan David Frost(Executive Officer)
IoT hardware and software that optimises energy use and production by controlling air conditioning, solar, and batteries.
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
Australian low-carbon fuels and chemicals company developing renewable methanol projects.
Milford, US
J Michael Grillo(President and Director)Lawrence Grillo(Vice-President and Director)Christopher Panettieri(IT Project Manager and Director)Sean Grillo(Director)
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
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)
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 Pre-Seed, 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.
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