Virescent Ventures
Est. dry powder
$41.1M
Raised, not yet invested
AUM
$285.3M
Assets under management
Latest fund
$133.5M
Virescent Ventures Fund II
Est. cheque size
$1.3M–
From fund sizes
Deals, last 12 months
3
Last seen investing Jun 2026
About Virescent Ventures
Virescent Ventures is an Australia based venture capital firm that seeks to invest from pre-seed to late-stage growth capital and focuses on deep tech and business model innovations, software, and hardware. The firm spun out of the Clean Energy Innovation Fund, which it is managing on behalf of the CEFC.
- Type
- Venture Capital Firm
- Headquarters
- Sydney, New South Wales, Australia
- Stages
- SeedSeries ASeries BEarly Stage
- Est. cheque size
- $1.3M–$6.7M
- Sectors
- Information Technology, Energy & Utilities
- Regions
- Australasia
- Strategies
- Growth
Where they invest
From deals and portfolio companies on record
Most frequent rounds
- Seed6
- Series A5
- Series B3
Across 20 deals
Portfolio sectors
- Renewable Energy3
- Energy Storage & Batteries2
- Software2
- Aerospace1
- Biotechnology1
Across 12 companies
Portfolio countries
- Australia10
- New Zealand1
- UK1
Across 12 companies
Recent investments
Newest 5 of 20
- Series A$19.3M
Mako Aero
Jun 2026 · Series A
- Series A$8.6M
Renewable Metals Pty Ltd
Apr 2026 · Series A
- Unspecified Round$33.3M
IND Technology Pty Ltd
Dec 2025 · Unspecified Round
- Unspecified Round$6.5M
Amber Electric Pty Ltd
Sep 2025 · Unspecified Round
- Series A$11.1M
National Renewable Network
Aug 2025 · Series A
Offices
2 locations
- Sydney, New South Wales, AustraliaHQ
- Melbourne, Victoria, Australia
Questions about Virescent Ventures
How much does Virescent Ventures invest per deal?
Based on the size of its funds, Virescent Ventures writes estimated cheques of $1.3M–$6.7M. Lead cheques usually sit at the top of that range and follow-on cheques lower.
What stages does Virescent Ventures invest in?
Virescent Ventures has invested at Seed, Series A, Series B and Early Stage. Its most frequent rounds on record are Seed, Series A and Series B.
How much capital does Virescent Ventures have left to invest?
Virescent Ventures has an estimated $41.1M in dry powder: capital it has raised but not yet invested.