About LaunchVic
LaunchVic, an accelerator and incubator program founded in 2016, is based in Richmond, Australia. With a presence in 3 countries, it has supported around 39 startups in sectors like Enterprise Applications, Retail. As of Oct 2026, LaunchVic has witnessed 3 portfolio exits. Most notable companies in
its portfolio include 500 Global, ReciMe and Yume Food. The program is backed by a team of 21 people who primarily support Seed startups based in Australia. Its latest investment was a $2.8M Seed round in Ovum on Jun 23, 2026, which also saw participation from Antler and Giant Leap.
LaunchVic's List of Top Investments
LaunchVic has a portfolio of 39 companies. Their most notable investments are in MyGigsters and One Key Access.Their portfolio spans across Australia, United States and Vietnam. They have invested in Enterprise Applications, Retail, Consumer and 18 other sectors, across stages such as Seed, Grant (prize money) and 1 more. Here is the list of top investments by LaunchVic:
1. 500 Global
Provider of capital and resources to technology company founders globally. The firm invests across sectors and markets, leveraging global networks to unlock entrepreneurial potential. It focuses on supporting startups and providing mentorship to navigate diverse markets. The company aims to drive innovation and growth by fostering communities of entrepreneurs and investors.
Key facts about 500 Global
- Founded Year: 2010
- Location: Ho Chi Minh City (Vietnam)
- Stage: Seed
- Employee Count: 2,637 as on May 31, 2026
- Investors: LaunchVic and Abu Dhabi Financial Group
- Latest Funding Round: Seed, Apr 03, 2018, $*****

2. ReciMe
Provider of cooking and recipe management app. It offers users to collect, organize, and cook recipes. The mobile application is available for Android and iOS users.
Key facts about ReciMe
- Founded Year: 2022
- Location: Melbourne (Australia)
- Stage: Seed
- Total Funding till date: $2M
- Employee Count: 33 as on Aug 31, 2026
- Investors: LaunchVic, Even Capital and 5 Others
- Latest Funding Round: Seed, Jul 02, 2024, $*****
- Highlight: Editors' Pick
3. Yume Food
Platform for surplus food management. The platform offers technology solutions to automate sales and donation workflows, revenue management, and reduce food waste in the supply chain.
Key facts about Yume Food
- Founded Year: 2014
- Location: Melbourne (Australia)
- Stage: Seed
- Total Funding till date: $4.62M
- Employee Count: 4 as on Aug 31, 2026
- Investors: Investible, LaunchVic and 6 Others
- Latest Funding Round: Seed, Jan 30, 2024, $*****
4. Smileyscope
Provider of a virtual reality suite for pediatric healthcare. Its solution is a virtual adventure experience that keeps children calm and still for needles, making it safer and easier for clinicians to perform the procedure. Its underwater VR adventure uses patented technology to synchronize with medical procedures.
Key facts about Smileyscope
- Founded Year: 2017
- Location: Melbourne (Australia)
- Stage: Series A
- Total Funding till date: $10.7M
- Employee Count: 13 as on Aug 31, 2026
- Investors: Launchpad Digital Health, 9.58 Venture Partners and 8 Others
- Latest Funding Round: Series A, Oct 04, 2023, $*****
- Highlight: Editors' Pick
Neighbourlytics is an IT services provider. Its service offerings include data analytics, urban planning, community insights, urban development, social media management, big data analytics etc. The company offers its services to property developers, government agencies, and facilities managers.
Key facts about Neighbourlytics
- Founded Year: 2017
- Location: Melbourne (Australia)
- Stage: Acquired
- Total Funding till date: $3.5M
- Employee Count: 4 as on Aug 31, 2026
- Investors: ALIAVIA Ventures, LaunchVic and 6 Others
- Latest Funding Round: Seed, Dec 13, 2022, $*****
- Highlight: Acquired
LaunchVic's Year-on-Year Investment Trends
LaunchVic has invested in 39 companies over the last 9 years, with an average of 5 new investments annually in the last 5 years. In 2025, it made 3 investments, while as of Jun 2026, it has made 1 investment in this year. Its most recent first time investment was in Ovum and most recent follow-on round was in MyGigsters.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 3 | 0 | 3 |
2024 | 5 | 0 | 5 |
2023 | 8 | 0 | 8 |
2022 | 8 | 0 | 8 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 0 | 0 | 0 |
2018 | 0 | 0 | 0 |
2017 | 2 | 0 | 2 |
LaunchVic's Investments by Stage
LaunchVic has made 24 investments in Seed stage with an average round size of $1.25M, 3 investments in Grant (prize money) stage with an average round size of $166K and 1 investment in Series A stage with an average round size of $3.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 24 |
Grant (prize money) | 3 |
Series A | 1 |
Note: We have considered here, only first round of investments
LaunchVic's Investments by Sector
LaunchVic has a diverse portfolio, with companies operating in the Enterprise Applications, HealthTech, Healthcare, Consumer and High Tech. Notably, it has invested in 24 Tech companies, 16 Consumer (B2C) companies, 16 Enterprise (B2B) companies and at least 14 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 6 |
HealthTech | 5 |
Healthcare | 4 |
Consumer | 3 |
High Tech | 3 |
Others | 27 |
Note: We have considered here, only first round of investments
LaunchVic's Investments by Geography
LaunchVic has made most investments in Australia (26), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
Australia | 26 |
United States | 1 |
Vietnam | 1 |
Note: We have considered here, only first round of investments
LaunchVic's recent investments
LaunchVic has made 1 investments in 2026 so far - Ovum.Here are the most recent investments by LaunchVic:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 23, 2026 | - | Seed | 9164 | [+5] | |
Feb 13, 2025 | Australia | Seed | 2276 | [+2] | |
Feb 2025 | Australia | Seed | 7076 | [+2] | |
Jan 30, 2025 | Australia | Seed | 3419 | [+2] | |
Jul 20, 2024 | Australia | Seed | 8334 | [+2] |
Acquired companies in LaunchVic's Portfolio
3 companies from LaunchVic's portfolio have been acquired. The most recent acquisition was Neighbourlytics in Nov 2025 by REA for $*****.Here are LaunchVic's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 28, 2025 | Dec 13, 2022 | Seed | 8715 | |
Aug 14, 2025 | - | - | 5578 | |
Sep 19, 2023 | Oct 27, 2022 | Seed | 4626 |
Team profile of LaunchVic
LaunchVic has a team of 21 members including 7 Partners, 1 Venture Partner and 4 Principals located in Australia. LaunchVic's team does not sit on the board of any company as of now.Here is a list of top team members in LaunchVic:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Melbourne | - | ||
Partner | Melbourne | - | - | |
Partner | - | - | ||
Partner | Melbourne | - | - | |
Partner | Melbourne | - | - | |
Partner | Melbourne | - | ||
Partner | Melbourne | - | - | |
Venture Partner | - | - | - | |
Principal | Brighton East | - | ||
Principal | Melbourne | - | ||
Principal | Melbourne | - |
Co-investors of LaunchVic
Over the past 9 years, 72 investors have co-invested in LaunchVic's portfolio companies. This includes funds and angels.
- Invested before LaunchVic: business.gov.au, Impact Generation Partners and 9 others have invested in rounds before LaunchVic. There are 2 companies where business.gov.au has invested before LaunchVic and 1 company where Impact Generation Partners has invested before LaunchVic.
- Top Co-investors of LaunchVic: 50 investors entered a company along with LaunchVic. These include investors like Antler (4 companies).
- Invested after LaunchVic: A total of 11 investors have invested in LaunchVic's portfolio after their investments. Top Investors include Abu Dhabi Financial Group (1 company) and Marissa Mayer (1 company).
Recent News related to LaunchVic
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Victoria to review startup support, Breakthrough Victoria and LaunchVic under scrutinyInnovationAus.com•Jun 11, 2025•Breakthrough Victoria, LaunchVic
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PHNXX lands US$1.13M to power remote industries with ‘grid-in-a-box’ solutione27•Mar 10, 2025•PHNXX, Synertec, ENGIE Factory, LaunchVic and 1 other
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Employee retention startup raises $1 million pre-Seed roundStartup Daily•Jul 20, 2024•SeenCulture, LaunchVic, M8 Ventures, InterValley Ventures and 1 other
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Plant-based nutrition startup The Leaf Protein Co rolls up $850,000 pre-Seed raiseStartup Daily•Jun 12, 2024•Big Idea Ventures, LaunchVic, The Leaf Protein, UniMelb and 1 other
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LaunchVic is writing $300,000 cheques to set up angel networks to back Victorian startupsStartup Daily•Mar 13, 2024•LaunchVic
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Alt. Leather raises $718,000 in seed round to drive plant-based leather alternativeBiofuels Digest•Feb 25, 2024•ALT. Leather, Austin Group, Wollemi, LaunchVic
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Australia: ALT.Leather closes oversubscribed $1.1 million round in biodegradable leather alternativevegconomist•Jan 30, 2024•ALT. Leather, Startmate, Austin Group, Wollemi and 1 other
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DealsDirect founder backs $1m raise for digital wholesale platform AndisorBusiness News Australia Pty Ltd•Dec 11, 2023•Andisor, Antler, LaunchVic, Jampad

