About Virescent Ventures
Virescent Ventures is a venture capital firm founded in 2022. It is primarily based out of Sydney, Australia. As of Jun 2026, Virescent Ventures is an active investor, having invested in 29 companies, with 4 new investments in the last 12 months. It primarily invests in Series A round in Australia based startups. Its investments are spread across a wide range of sectors from Environment Tech to Energy Tech and High Tech. Most recently it participated in the $***** Series A round of MAKO Overall, Virescent Ventures portfolio has seen 1 IPO and 3 acquisitions including key companies like AgriWebb, Carbon Revolution and GreenSync. A lot of funds co-invest with Virescent Ventures, with names like Eonnext sharing a substantial percentage of its portfolio. Virescent Ventures has team of 12 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 2 more
Portfolio IPOs
Portfolio Acquisitions
Deals in last 12 months
Virescent Ventures' List of Top Investments
Virescent Ventures has a portfolio of 29 companies. Their most notable investmentis in MAKOTheir portfolio spans across Australia, United States, China and 2 more locations. They have invested in Environment Tech, Energy Tech, High Tech and 18 other sectors, across stages such as Series A, Seed and 2 more. Here is the list of top investments by Virescent Ventures:1. Amber
Provider of energy solutions for home batteries, solar, and EVs. It offers tools to manage energy consumption, including battery automation technology. The company provides access to wholesale electricity prices and feed-in rates. It also offers resources such as solar and battery calculators, compatibility checks, and expert consultations.
Key facts about Amber
- Founded Year: 2017
- Location: Melbourne (Australia)
- Stage: Series D
- Total Funding till date: $104M
- Employee Count: 212 as on Jun 30, 2026
- Investors: ETF Partners, Virescent Ventures and 19 Others
- Latest Funding Round: Series D, Oct 01, 2025, $*****
- Highlight: Editors' Pick
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2. Morse Micro
Provider of WiFi chips to enable IoT applications. Its connectivity platform is a single-chip solution, each of which incorporates the Radio, PHY, and MAC sections.
Key facts about Morse Micro
- Founded Year: 2016
- Location: Sydney (Australia)
- Stage: Series C
- Total Funding till date: $208M
- Employee Count: 200 as on Jun 30, 2026
- Investors: Hostplus, Right Click Capital and 24 Others
- Latest Funding Round: Series C, Sep 22, 2025, $*****
- Highlight: Editors' Pick
3. Samsara Eco
Developer of enzymatic technology for infinite plastic recycling. This technology enables the re-manufacture of new plastics from waste plastics repeatedly, creating a truly circular system. The process uses recycled materials exclusively, eliminating the need for virgin plastics and reducing reliance on fossil fuels. The resulting recycled plastics maintain virgin-quality characteristics, suitable for various industries. The technology features a low carbon footprint and avoids high-temperature processes, minimizing environmental impact.
Key facts about Samsara Eco
4. Hysata
Manufacturer of electrolysers designed for the production of green hydrogen. These systems utilize modular designs to facilitate the conversion of renewable energy into hydrogen fuel. The technology focuses on improving energy conversion efficiency during the electrolysis process. The equipment is engineered for mass production to support industrial decarbonization efforts.
Key facts about Hysata
- Founded Year: 2021
- Location: Wollongong (Australia)
- Stage: Series B
- Total Funding till date: $146M
- Employee Count: 113 as on Jun 30, 2026
- Investors: BP Ventures, Hostplus and 17 Others
- Latest Funding Round: Series B, May 09, 2024, $*****
- Highlight: Editors' Pick
5. Zoomo
Developer of electric bicycles. Its features include electronic locks, GPS tracking, inbuilt alarm systems, integrated lights, fast charging, rear racks and suspensions. They can be purchased or rented through the website, with maintenance and repair services included. It caters to couriers, commuters and corporates.
Key facts about Zoomo
- Founded Year: 2017
- Location: Sydney (Australia)
- Stage: Series B
- Total Funding till date: $100M
- Employee Count: 186 as on Jun 30, 2026
- Investors: Viola Group, Maniv Mobility and 19 Others
- Latest Funding Round: Series B, Jul 11, 2022, $*****
- Highlight: Editors' Pick
Virescent Ventures' Year-on-Year Investment Trends
In 2025, it made 5 investments, while as of Jun 2026, it has made 1 investment in this year. Its most recent first time investment was in MAKO and most recent follow-on round was in NRN.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 4 | 1 | 5 |
2024 | 4 | 0 | 4 |
Virescent Ventures' Investments by Stage
Virescent Ventures has made 5 investments in Series A stage with an average round size of $15.7M, 2 investments in Seed stage with an average round size of $7.95M, 1 investment in Series B stage with an average round size of $111M and 1 investment in Series D stage with an average round size of $10M.Stage of entry | No. of Investments |
|---|---|
Series A | 5 |
Seed | 2 |
Series B | 1 |
Series D | 1 |
Note: We have considered here, only first round of investments
Virescent Ventures' Investments by Sector
Virescent Ventures has a diverse portfolio, with companies operating in the Sustainability Tech, Environment Tech, Energy Tech, High Tech and Enterprise Applications. Notably, it has invested in 21 Tech companies, 20 Enterprise (B2B) companies, 10 Tech hardware companies and at least 7 companies focusing on Software.Sector | No. of Investments |
|---|---|
Sustainability Tech | 6 |
Environment Tech | 5 |
Energy Tech | 4 |
High Tech | 3 |
Enterprise Applications | 2 |
Others | 12 |
Note: We have considered here, only first round of investments
Virescent Ventures' Investments by Geography
Virescent Ventures has made most investments in Australia (7), followed by New Zealand where it has made 1 investment.Country | No. of Investments |
|---|---|
Australia | 7 |
New Zealand | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Virescent Ventures' recent investments
Virescent Ventures has made 1 investments in 2026 so far - MAKO.Here are the most recent investments by Virescent Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 30, 2026 | Australia | Series A | 7532 | [+4] | |
Dec 16, 2025 | Australia | Series A | 2346 | [+2] | |
Oct 01, 2025 | Australia | Series D | 7398 | ||
Aug 13, 2025 | Australia | Conventional Debt | 8679 | [+2] | |
Aug 12, 2025 | Australia | Series A | 1580 | [+2] |
IPOs and Publicly Listed companies in Virescent Ventures' Portfolio
1 of Virescent Ventures' portfolio company became public - Carbon Revolution. It got listed on the Australian Securities Exchange (ASX), in Nov 2019 at marketcap of $226MHere are Virescent Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 29, 2019 | - | - | 6888 |
Acquired companies in Virescent Ventures' Portfolio
3 companies from Virescent Ventures' portfolio have been acquired. The most recent acquisition was AgriWebb in May 2026 by Urus for $*****.Here are Virescent Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 19, 2026 | - | - | 7113 | |
May 04, 2024 | - | - | 5674 | |
Apr 26, 2022 | - | - | 4703 |
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Team profile of Virescent Ventures
Virescent Ventures has a team of 12 members including 3 Partners and 2 Principals located in Australia. Virescent Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Virescent Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Sydney | - | ||
Partner | Melbourne | - | - | |
Partner | Sydney | - | - | |
Principal | Sydney | - | - | |
Principal | Sydney | - | - |
Co-investors of Virescent Ventures
Over the past 2 years, 58 investors have co-invested in Virescent Ventures's portfolio companies. This includes funds and angels.
- Invested before Virescent Ventures: Investible, CEFC and 25 others have invested in rounds before Virescent Ventures. There are 3 companies where Investible has invested before Virescent Ventures and 2 companies where CEFC has invested before Virescent Ventures.
- Top Co-investors of Virescent Ventures: 29 investors entered a company along with Virescent Ventures. These include investors like Eonnext (1 company).
- Invested after Virescent Ventures: business.gov.au (1 company) and Climate Tech Partners (1 company) are the investors which have invested in Virescent Ventures's portfolio after their investments.
Recent News related to Virescent Ventures
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Mako Secures $28 Million Series A Funding for Sharkskin-Inspired Drag Reduction TechnologyStartup Daily•Jun 29, 2026•Mako, Virescent Ventures, Skip Capital, IP Group and 3 others
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Aussie bushfire prevention tech IND Technology secures $50M funding to go globalesdnews.com.au•Dec 16, 2025•Angeleno Group, Virescent Ventures, Ind Technology, Energy Impact Partners and 1 other
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Amber banks $10 million for its energy tech solutionSmartCompany•Oct 01, 2025•Eonnext, Virescent Ventures, Amber
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Australia’s NRN secures $67M in climate tech Series A dealEvertiq•Aug 28, 2025•NRN, Virescent Ventures, Investible, Ecotone and 1 other
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NRN Secures $67M in Series A Funding for Distributed Energy Infrastructureesdnews.com.au•Aug 12, 2025•Electrifi Ventures, Ecotone Partners, NRN, Virescent Ventures and 3 others
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Renewables virtual power plant startup NRN raises $17M Series AStartup Daily•Aug 12, 2025•Ecotone Partners, NRN, Virescent Ventures, Investible
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Kiwi EV charging startup raises $17.5mEvsandbeyond•Jan 30, 2025•Kwetta, Blackbird Ventures, Virescent Ventures, Icehouse Ventures
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Virescent Ventures secures QIC backing to raise $125m for its second climate-tech fundBusiness News Australia Pty Ltd•Nov 19, 2024•Virescent Ventures
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CEFC, Westpac lead Virescent’s $100M green fund chargeEcoGeneration•Oct 17, 2024•Virescent Ventures, CEFC, Westpac
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Virescent racks $100m in first close of new climate tech fundesdnews.com.au•Oct 08, 2024•Virescent Ventures, Westpac, CEFC
