Fundraising Fox

Virescent Ventures

Venture capital

Pre-Seed–Late Stage · 13 people tracked

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Investment thesis

Virescent Ventures backs founders building companies that deliver both emissions impact and commercial returns, arguing the two need not be traded off. It targets investments that address the largest and hardest-to-abate sources of emissions, betting that this decade will produce companies that remake the physical economy the way the internet reshaped the digital one. The firm invests across the full lifecycle, from pre-seed to late-stage growth capital, supporting companies as their needs evolve. Its scope spans deep tech and business-model innovation, and both software and hardware.

Source: firm website, verified Aug 7, 2026.

Stage
Pre-Seed–Late Stage
Instruments
Equity
Last 12 months
1 investment
AUM
$500M
Tracked investments
42

Team · 13 people

from the firm's website
Kristin Vaughan· Managing Partnerin
Jonathon Cronin· Investment Managerin
Madi Benton· Investment Associatein
Tess Englund· Operations Managerin

What they invest in

from 26 of 42 portfolio companies

Cleantech ×20Energy ×16Climate Tech ×8Hardware ×7Deep Tech ×4New Materials ×4SaaS ×4Advanced Manufacturing ×3

HQs:Australia×14New Zealand×1United States×1

Who they back

founder profiles across 13 portfolio companies
46%
solo founders
6 of 13 mapped founding teams

Founding team size:solo founder×62 founders×43 founders×24+ founders×1

Investments · 42 tracked

founders shown can be your intro path

By year:2025 · 12023 · 12022 · 13 dated

Dryflowmagdryflowmag.com✓ verified

DryFlow (DryFlow Magnetics) develops a waterless, dry magnetic mineral separation technology (the patented Kuchel Process / stacked magnetics) that upgrades low-grade magnetite and tailings into high-purity, DRI-grade iron concentrates without process water.

CleantechClimate TechHardwareWingfield, AU

Brett(Founder & CEO)Jon(Founder & COO)inElena(Co-Founder)inNadia(Co-Founder & Chief Strategy Officer)in

Co-investorsOrion Industrial VenturesSignificant Ventures

Renewable Metalsrenewable-metals.comin✓ verified

Renewable Metals develops an alkali-based recycling process that recovers lithium, nickel, cobalt, and other critical minerals from end-of-life lithium batteries for reuse in new battery manufacturing.

Circular EconomyCleantechEnergyWestern Australia, AU

Mark Urbani(CTO, Founder, Director)Gary Johnson(Founder, Director)

Co-investorsClimate Tech PartnersNSW Clean Technology Innovation Grants

AgriWebbagriwebb.comin𝕏

AgriWebb provides livestock management software that lets farmers track animals, paddocks, movements, and farm records on an interactive map, with tools for team management, animal performance analytics, and grazing planning.

AgTechSaaS

Kevin Baum(Founder)in

Co-investorsClinton Capital PartnersGermin8 VenturesiSelect FundGrosvenor Food & AgTechTELUS Ventures

All Gallg.cominDec 2025 · $10M

All G produces precision-fermented proteins including bovine and human lactoferrin (such as its apo-lactoferrin LFX product), micellar caseins, and human milk proteins for use in functional foods, dietary supplements, infant formula, personal care, and therapeutics.

BiotechDeep TechFoodTech

Co-investorsAgronomicsEllerston CapitalXeraya Capital

Amberamber.com.auin𝕏

Amber gives Australian households direct access to wholesale electricity pricing so they can shift usage to cheaper, greener times and automatically export stored battery and EV energy for higher earnings.

CleantechClimate TechConsumerEnergy

Chris Thompson(Co-founder)Dan Adams(Co-founder)John Bartonin

Co-investorsAlberts Impact VenturesShearwater CapitalSquare Peg Capital

Birrabirra.techin

Birra Technologies develops a single-stage process using a modular solar-powered falling film panel reactor with a proprietary catalyst to convert carbon-neutral waste biogas into green methanol at room temperature and atmospheric pressure.

CleantechClimate TechEnergyBrisbane, AU

Carbonrevcarbonrev.comin𝕏

Carbon Revolution is a Tier 1 OEM supplier that designs and manufactures lightweight carbon fibre wheels for the automotive industry.

Advanced ManufacturingMobility & TransportationNew Materials

CEFCcefc.com.auin

The Clean Energy Finance Corporation (CEFC) is a specialist investor that funds projects across renewable energy, energy efficiency, and low emissions technologies to support Australia's transition to net zero emissions.

CleantechClimate TechEnergyImpact & Social Good

Co-investorsArtesian

Cover_Kwettakwetta.comin

Kwetta builds high-power EV charging infrastructure for constrained grids, combining a grid-connection and power-management platform (Prime) with charging dispensers (Sky) to enable megawatt-scale charging without major network upgrades.

CleantechEnergyMobility & TransportationNapier, NZ

Dustin Murdock(Founder)in

Co-investorsBlackbird VenturesOutset Ventures

DeCaricedecarice.com.auin

Decarice develops patented, retrofittable dual-fuel combustion systems (DDI technology) that let heavy diesel fleets and industrial equipment substitute natural gas or hydrogen for diesel.

CleantechEnergyHardware

Co-investorsInvestible Climate Tech Fund

Downforce Technologiesdownforce.techin

Downforce Technologies operates a data-driven platform that measures soil organic carbon, soil health and biodiversity using high-resolution remote data instead of physical soil sampling.

AgTechCleantechClimate TechDeep Tech

Co-investorsDragonfly Enviro CapitalEquatorPerivoli Innovations

GreenSyncgreensync.comin

GreenSync provides digital software solutions for energy market participants—including retailers, generators, gen-tailers, distribution and transmission networks, and new energy services companies (ESCos)—to manage distributed energy, balance supply and demand, and create value for customers.

CleantechClimate TechEnergySaaSMelbourne, AU

Phil Blythe(Founder)

Gridcognitiongridcog.comin

Gridcog builds energy modelling and simulation software for teams delivering energy transition projects, letting them assess feasibility and value assets such as renewables, battery storage, EV charging, demand response and virtual power plants.

CleantechEnergySaaS

Co-investorsDNV VenturesVERBUND X VenturesAlberts Impact VenturesAlbionVCNSW Clean Technology Innovation Grants

Gridcognitiongridcognition.comin

Gridcog (Gridcognition) provides energy modelling and simulation software used to assess the feasibility, design, and asset valuation of energy transition projects.

CleantechEnergySaaS

Co-investorsAfterWork Ventures

HydGene Renewableshydgene.cominSep 2023

HydGene develops biocatalyst technology that converts biomass into fertilisers, fuels, and chemicals for industrial producers.

CleantechClimate TechNew Materials

Co-investorsAgronomicsNSW Clean Technology Innovation GrantsClean Energy Finance Corporation (CEFC)

Hysatahysata.com

Novel electrolysis technology for producing green hydrogen.

Co-investorsNSW Clean Technology Innovation GrantsVestas VenturesPETRONAS Ventures

Ind Technologyind-technology.com

Co-investorsAngeleno GroupEnergy Impact Partners

JET Chargejetcharge.com.auin𝕏

JET Charge provides electric vehicle charging installation services for homeowners, offering on-site or online electrical assessments and quotes for home EV charger installation.

CleantechEnergyMobility & Transportation

Co-investors30X30 Scaleup Program

Kwetta

Ultra-fast EV charging that unlocks the grid.

Loam Bioloambio.comin

Using microbes to draw down carbon into soils at scale.

Co-investorsAcre Venture PartnersArtesianHAWKTAILHorizons VenturesLOWERCARBONLowercarbon Capital+2 more

Makomako.aeroin

Riblet based films to reduce drag and fuel consumption on aircraft.

Co-investorsClean Energy Finance Corporation (CEFC)Zero Infinity Partners

Morse Micromorsemicro.comin𝕏

Morse Micro designs Wi-Fi HaLow (IEEE 802.11ah) system-on-chip semiconductors that provide long-range, low-power sub-1 GHz wireless connectivity for IoT devices such as security cameras, dongles, and access points.

HardwareIoTSemiconductorsSydney, AU

Andrew Terry(Co-founder & CTO)inMichael De Nil(Co-founder & CEO)inJoe Bedewi(Chief Financial Officer)in

Co-investorsMain Sequence VenturesBlackbird VenturesRight Click CapitalSpringCapital InvestmentStoic VCStartmate+1 more

Novalith

Carbon capture technology that extracts battery-grade lithium from resource deposits using less water and lower costs than current methods.

Co-investorsInvestible Climate Tech FundLOWERCARBONLowercarbon CapitalTDK Ventures

NRN

Helps homeowners cover the upfront cost of solar and battery systems via partnerships with energy retailers.

Co-investorsMelt Ventures

OmniTankeromnitanker.com

Omni Tanker manufactures specialised tank containers, road tankers, and aerospace tanks using carbon fibre composite technology for the transport and storage of aggressive corrosive and high-purity chemicals, high-pressure gases such as hydrogen, and cryogenic fluids.

Advanced ManufacturingLogistics & Supply ChainNew Materials

Bill Rodgers(Founder)Brian MacNaughton(Co-founder)Luke Djukic(Chief Technical Officer (CTO))

OptiGridoptigrid.energyin

OptiGrid provides a battery optimisation and trading intelligence platform that uses AI-driven electricity price forecasting and optimisation to help asset owners operate grid-scale batteries and make investment decisions.

AI & Machine LearningCleantechEnergy

Dr Ali Pourmousavi(CEO & Founder)

Redback Technologiesredbacktech.com

Realised investment (Clean Energy Innovation Fund).

Co-investorsRight Click Capital

Relectrifyrelectrify.comin

Relectrify develops battery energy storage systems and cell-level management software to reduce the cost of renewable energy.

CleantechDeep TechEnergyHardware

Co-investorsAt One VenturesCreative VenturesMelbourne Accelerator Program (MAP)Energy & Environment InvestmentToyota Ventures

Ridezoomoridezoomo.com

Zoomo is a company that offers region-specific services across North America, Europe, and Asia Pacific, but the page shown is only a region selector with no description of its actual product or business.

Sydney, AU

Mina Nada(Founder)

Co-investorsContrarian VenturesManiv MobilityWIND VenturesOneVentures

SEA Electricsea-electric.comMay 2022

Realised investment (Clean Energy Innovation Fund).

Torrance, US

Dave Whelan(Chief Operating Officer)Paul Yousif(General Counsel and Treasurer)Michael M. Menyhart(President - Americas and Chief Strategy Officer)Anthony R. Fairweather(Chief Executive Officer)Phil Tighe(Chief Financial Officer)John M. Pratt(Director)

SILTRAXsiltrax.netin

Siltrax develops silicon-based hydrogen fuel cells and PEM electrolyzers aimed at lower costs, manufacturability, and reliability.

CleantechClimate TechEnergyHardware

Zhengrong Shi(Co-founder)

Sonia Green Tech

Novel pelletised polymer-modified bitumen that eliminates energy-intensive manufacturing and heated storage/transport.

SUNDRIVE

Solar technology replacing silver with copper to improve efficiency and reduce costs.

Co-investorsMain Sequence Ventures

Sundrive Solarsundrivesolar.comin𝕏

SunDrive is a solar technology company developing methods to lower the cost of high-efficiency solar cells while improving their performance and sustainability by using more abundant materials.

CleantechDeep TechEnergySydney, AU

Co-investorsBlackbird Ventures

SunMan

Lightweight, flexible solar panels to expand the market for rooftop solar.

Sunman Energysunman-energy.comin

Sunman develops ultra-light solar panels.

CleantechEnergyHardware

Thinxtrathinxtra.comin𝕏

Thinxtra is a public non-listed company operating in the Internet of Things (IoT) sector, providing IoT network and ecosystem services.

Enterprise SoftwareHardwareIoTLogistics & Supply Chain

Wattwatchers

Real-time energy measurement for businesses and households.

Xefcoxefco.comin

Xefco develops sustainable textile production technologies designed to reduce water, energy, and chemical consumption in manufacturing while maintaining fabric quality.

Advanced ManufacturingCleantechNew Materials

Co-investorsBreakthrough VictoriaMain Sequence VenturesPacific Channel

Zen Ecosystemszenecosystems.comin𝕏

Zen Eco Systems offers a sustainability service for small and medium-sized businesses that pairs WiFi smart thermostats with a cloud-based software platform, Zen HQ, to manage HVAC operations and reduce energy use and costs.

CleantechEnergyIoT

Zoomo

Provider of high-performance light electric vehicles for urban fleets and couriers.

Co-investorsArcTern VenturesContrarian Ventures

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Virescent Ventures made?
Virescent Ventures has 42 tracked investments, including 1 dated in the last 24 months.
What stage does Virescent Ventures invest at?
Virescent Ventures invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does Virescent Ventures focus on?
Virescent Ventures focuses on Cleantech, Climate Tech, Deep Tech, Energy, Hardware.
Who does Virescent Ventures co-invest with?
Virescent Ventures most often shares deals with Main Sequence Ventures, NSW Clean Technology Innovation Grants, Blackbird Ventures, among 48 tracked co-investors.

Images

Virescent Ventures photo

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