About Tectonic
Tectonic is a venture capital firm founded in 2020. It is primarily based out of Kingscliff, Australia. As of May 2023, Tectonic has invested in 13 companies. It primarily invests in Post IPO round in Spain based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Post IPO round of Highfield Resources Overall, Tectonic portfolio has seen 1 unicorn, 1 IPO and 2 acquisitions including key companies like Firmus, Highfield Resources and Streem. EMR Capital co-invest with Tectonic, sharing a substantial percentage of its portfolio. Tectonic has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Rounds of Entry
Post IPO
Portfolio IPOs
Portfolio Unicorns
Tectonic's List of Top Investments
Tectonic has a portfolio of 13 companies, one of which is a Unicorn. Their most notable investments include Firmus and Upcover.Their portfolio spans across Australia, Spain and United States. They have invested in Enterprise Applications, High Tech, FinTech and 12 other sectors, across stages such as Post IPO stage. Here is the list of top investments by Tectonic:
1. Firmus
Provider of AI cloud infrastructure with scalable performance and efficient design. It offers GPU-powered cloud compute, bare metal options, and AI storage solutions. The infrastructure is designed for running experiments, training models, and launching agents. The company focuses on modular, verticalized systems to optimize cost and power consumption. It engineers infrastructure from the silicon level up, co-designing compute, network, power, and cooling for system-wide efficiency. The company also provides resources for AI factories and research.
Key facts about Firmus
2. Upcover
Online comparison platform for business insurance. It offers solutions for products liability insurance, professional indemnity insurance, property damage, and more. It offers solutions for small businesses, startups & freelancers, online businesses & associations, and more. It also offers claims assistance solutions.
Key facts about Upcover
- Founded Year: 2019
- Location: Sydney (Australia)
- Stage: Series A
- Total Funding till date: $13.8M
- Employee Count: 51 as on Sep 30, 2026
- Investors: Gandel Invest, Tectonic and 7 Others
- Latest Funding Round: Series A, Feb 10, 2025, $*****
- Highlight: Editors' Pick
3. FiberSense
Key facts about FiberSense
Key facts about Highfield Resources
- Founded Year: 2011
- Location: Navarres (Spain)
- Stage: Public
- Employee Count: 4 as on Sep 30, 2026
- Investors: Tectonic and EMR Capital
- Latest Funding Round: Post IPO, May 23, 2023, $*****
- Highlight: Public
5. Streem
Media monitoring platform. It provides real time print, online, TV, radio, and social media monitoring, insights, and data via Desktop, Tablet, and Mobile. It helps media teams to track, measure, and respond to news as it happens.
Key facts about Streem
Tectonic's Year-on-Year Investment Trends
Its most recent first time investment was in Highfield Resources.Tectonic's Investments by Stage
Tectonic has made 1 investment in Post IPO stage with an average round size of $12M.Tectonic's Investments by Sector
Tectonic has a portfolio focused on Mining. Notably, it has invested in 10 Tech companies, 5 Consumer (B2C) companies, 5 Software companies and at least 4 companies focusing on Enterprise (B2B).Tectonic's Investments by Geography
Tectonic has made most investments in Spain (1).Tectonic's recent investments
Tectonic has not made any investment in 2026 so far.Here are the most recent investments by Tectonic:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 23, 2023 | Spain | Post IPO | 7201 |
Unicorns in Tectonic's Portfolio
Tectonic has 1 unicorn in its portfolio - Firmus. The most recent unicorn in their portfolio is Firmus which became a unicorn in 2025, 1 years before Tectonic first invested in it.Here is a list of unicorns in Tectonic's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
59 | Provider of AI cloud infrastructure with scalable performance and efficient design | 2019 | Saint Leonards | Series G | bstdywn |
IPOs and Publicly Listed companies in Tectonic's Portfolio
1 of Tectonic's portfolio company became public - Highfield Resources. It got listed on the Australian Securities Exchange (ASX), in Feb 2012.Here are Tectonic's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 07, 2012 | May 23, 2023 | Post IPO | 1877 |
Acquired companies in Tectonic's Portfolio
2 companies from Tectonic's portfolio have been acquired. The most recent acquisition was Kynd in Jul 2023 by nib for $*****.Here are Tectonic's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 05, 2023 | - | - | 5981 | |
Dec 19, 2021 | - | - | 8267 |
Team profile of Tectonic
Tectonic has a team of 2 members including 2 Partners located in Australia. Tectonic's team does not sit on the board of any company as of now.Co-investors of Tectonic
Over the past 3 years, one investor has co-invested in Tectonic's portfolio companies. This includes funds and angels.
- Top Co-investors of Tectonic: EMR Capital entered a company along with Tectonic.
