Sydney AI investors deployed $1B+ into Australian artificial intelligence companies in 2025. AI now captures 61% of all Australian VC capital. Lorikeet raised $75M in 10 months backed by Blackbird, Square Peg, and AirTree. Microsoft committed A$25B to Australian AI infrastructure in April 2026.
Sydney is Australia's AI capital. Lorikeet, Canva, and Relevance AI all operate out of NSW, and the VCs backing them are actively deploying in 2026.
AI investors in Sydney aren't all the same. Generalist funds like Blackbird and AirTree will back AI if the category potential is large enough. Deep tech funds like Main Sequence prioritise research-backed AI from CSIRO and university pipelines. You need to know which type you're pitching.
Set up an Ellty data room before approaching any Sydney AI investor. AI due diligence in 2026 includes technical architecture docs, model performance benchmarks, and data licensing agreements - share them via trackable links so you know who reviews what.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| Blackbird Ventures | Multi-stage VC | Seed to growth ($500K-$50M+) | AI, enterprise, deep tech, consumer | blackbird.vc |
| AirTree Ventures | Early to growth VC | $500K-$20M+ | AI, SaaS, healthtech, fintech | airtree.vc |
| Square Peg Capital | Global VC, Sydney HQ | $2M-$20M | AI, fintech, SaaS, enterprise | squarepeg.vc |
| Main Sequence | Deep tech VC (CSIRO-backed) | Seed to Series B ($1M-$20M) | AI, deep tech, health, security, space | mseq.vc |
| Skip Capital | Single family office | Seed to Series B | AI, healthtech, infrastructure, education | skipcapital.com |
| Artesian | Early-stage VC | Seed to Series A ($1M-$10M) | AI, medtech, agrifood, clean energy | artesianinvest.com |
| Investible | Early-stage VC + angel network | $250K-$3M | AI, climate tech, deep tech, software | investible.com |
| Tidal Ventures | Seed-stage VC | $1M-$5M seed | AI, enterprise SaaS, cybersecurity | tidalvc.com |
| OIF Ventures | Early-stage VC | Seed to Series A | AI, SaaS, marketplaces, enterprise | oifventures.com.au |
| Antler | Pre-seed company builder | Pre-seed ($100K-$500K) | AI, SaaS, deep tech, all sectors | antler.co |
| Folklore Ventures | Seed-stage VC | First check to Series A | AI, SaaS, software, ANZ tech | folklore.vc |
| AfterWork Ventures | Seed-stage VC | Pre-seed to seed ($500K-$3M) | AI, SaaS, consumer tech, deep tech | afterwork.vc |
| Cicada Innovations | Deep tech incubator + investor | Pre-seed to seed | AI, deep tech, biotech, cleantech | cicadainnovations.com |
| EVP | Series A VC | Series A lead ($3M-$15M) | AI-enabled SaaS, B2B enterprise software | evp.com.au |
| TEN13 | Angel syndicate VC | Seed ($250K-$2M per syndicate) | AI, healthtech, SaaS, deep tech | ten13.vc |
Build an Ellty data room. Know when VCs review your docs.
Start free 14-day trialSydney AI investors back founders building foundation models, AI agents, vertical AI software, and AI-enabled enterprise tools. They differ from AI accelerators - they write equity checks and expect founders to have clear go-to-market traction, not just working models.
Check sizes range from $100K pre-seed from Antler to $20M+ growth checks from AirTree and Square Peg. Most Sydney AI VCs in 2026 want to see either strong enterprise customer traction or a defensible data moat. A demo without either won't get a term sheet.
AI attracted $1B+ in Australian VC funding in 2025, capturing 61% of total VC capital flow. Sydney still leads funding, with 163 AI companies and 72 funded companies collectively raising $627M. That concentration of capital and talent makes NSW the right place to raise an AI round.
Check how New South Wales investors approach AI across all sectors. The NSW ecosystem includes pure AI VCs alongside generalist funds with explicit AI mandates.
Lorikeet is the first startup since Canva to get early backing from all three of Australia's top VCs - Blackbird, Square Peg, and AirTree. That doesn't happen by accident. The founders are exceptional and the category is real.
Blackbird is Australia's most active VC with 356 investments since 2012 and $10B+ portfolio value. 29 investments in 2025, 6 in 2026 so far. Latest investment in Kimia (April 2026) - a chemical intelligence AI platform. They backed Lorikeet Series A (August 2025) alongside Square Peg and AirTree. Blackbird co-backed Marloo (financial advisory AI, seed 2026) as lead investor. Their sixth flagship fund began raising in September 2025.
Use Ellty to prepare your data room before approaching Blackbird. They assess hundreds of pitches - trackable links tell you which partners reviewed your technical architecture vs. just the deck.
AirTree closed a $650M Fund V in August 2025. They backed Lorikeet Series A (August 2025), Kimia seed (led, 2026 alongside Blackbird and Skip Capital), and Haast Series A in 2026. AirTree's $250M seed fund and $400M growth fund lets them write AI checks at any stage. They're backing Gridsight (AI for power grid management, Series A August 2025) and Ambience Healthcare (AI for clinical workflows).
Set up an Ellty data room with your AI architecture, benchmark data, and financial model before AirTree outreach. Their partners move fast on conviction - being ready speeds up the timeline.
Square Peg manages $3.6B+ USD with 194 investments across AI, fintech, and SaaS. They're one of three VCs who backed Lorikeet at seed and Series A - the first time since Canva that Blackbird, Square Peg, and AirTree all backed the same early-stage startup. Square Peg invested in Aidoc (healthcare AI, April 2026) and previously backed Airwallex's $300M Series F at $8B valuation. 16 investments in the past 12 months.
Read the due diligence process guide before engaging Square Peg. They run fast, disciplined diligence and expect founders to have complete financial and technical documentation ready.
Main Sequence is CSIRO's $1B+ deep tech VC managing three funds. Fund 3 (commenced 2023) has made 16 investments and expects to launch a Fund 4 raise by late 2026. They backed Kasada's $20M cybersecurity AI round (December 2025). Main Sequence partners with AIML for research commercialisation and invests in AI for health, food security, defence, and quantum computing. The right investor for founders building from a genuine research advantage.
Use Ellty to organise your technical documentation before approaching Main Sequence. Deep tech investors run IP diligence early - having research papers, patents, and benchmark data in a trackable data room signals you're serious.
Skip Capital is the family office of Atlassian co-founder Scott Farquhar and Kim Jackson. They backed Lorikeet at seed and Series A, Kimia's seed round in 2026, and Human Health in 2025. Skip Capital invests across AI, healthtech, wellness, and infrastructure. They rarely lead but add institutional credibility when they co-invest. Portfolio also includes Alloy, Morse Micro, and Pyn.
Use Ellty to see which investors open your architecture docs.
Start free 14-day trialArtesian manages $1.22B+ with 600+ investments and is one of the top 2 Australian VCs by AI deal count. In 2026, they've backed CLIQ and Plasmaleap, and in 2025 they made 7 investments including AI-adjacent companies. Their fund-of-funds model also gives exposure to AI through LP positions in global funds. Most active at seed to Series A with $1M-$10M checks.
Investible is a Sydney early-stage VC with 197 investments and 15 exits. They back AI companies alongside climate tech and deep tech. 12 investments in the past 12 months. Their Club Investible global co-investment community adds international capital to syndicates. For AI founders raising $250K-$3M at seed, Investible is one of the most accessible Sydney VCs.
Tidal Ventures is a Sydney seed fund backed by former startup operators from Macquarie, Yahoo, and Atlassian. Third fund closed with QIC backing. They backed Operata (contact centre AI platform, Series A lead 2026) and Checkbox (legal AI). Tidal looks for product-led founders building AI in B2B categories. 52 investments total, 31 as lead. Don't pitch vague AI infrastructure - come with specific enterprise buyers.
Read the how to prepare for due diligence guide before engaging Tidal. They run tight seed diligence and expect founders to have cohort retention and revenue data ready.
OIF Ventures backs purpose-driven Australian founders at seed and early stage. Founded by David Shein and Geoff Levy AO, with 81 investments and 5 exits. They want founders solving structural market problems with AI - not incremental product improvements. Don't approach them with a feature wrap on an existing LLM. Show genuine distribution advantages.
Antler is a global pre-seed company builder operating in Sydney with a focus on AI founders. Their program combines $100K-$500K pre-seed checks with co-founder matching, residency-style programs, and access to a global portfolio network. The 2026 Sydney cohort includes multiple AI-first companies. Antler is the right program if you're an AI technical founder who needs a co-founder and first capital simultaneously.
Use Ellty to prepare materials before applying to Antler's Sydney program. Even accelerator applications review your ability to articulate your market thesis clearly.
Folklore Ventures is a Sydney seed fund with a first-check-to-forever philosophy. Founded by Alister Coleman with 41 investments. They back ANZ founders from day one and don't exit early. For AI founders raising their first institutional $500K-$2M, Folklore's patience is genuine - they won't push you toward exits on a VC timeline if the category needs more time.
AfterWork Ventures is a Sydney-based seed VC backing Oceania founders from pre-seed. They focus on AI, SaaS, and consumer tech. AfterWork is listed among Australia's most active VCs in 2026 alongside Artesian and Blackbird. Their operator network and startup community focus makes them accessible for first-time founders.
Cicada Innovations is Australia's leading deep tech incubator and investor, based in Sydney at the Australian Technology Park. They support UNSW and University of Sydney spinouts with lab space, capital, and commercialisation support. Cicada invested alongside Main Sequence in the Cicada x Tech23 cohort program. For AI founders emerging from university or government research, Cicada is the first stop before approaching institutional VCs.
EVP is a Sydney Series A VC with $300M FUM across four fund vintages. 80 investments, 58 as lead, with a high-conviction B2B focus. They've backed AI-enabled SaaS companies like Deputy (workforce management AI) and are actively looking at AI-first enterprise software in 2026. Latest investments in 2026 include EatClub and CorePlan. EVP writes $3M-$15M Series A checks for founders with clear B2B traction.
Use Ellty to prepare a comprehensive data room before EVP engagement. They run disciplined Series A diligence and want 12+ months of cohort data before leading a round.
TEN13 is an angel syndicate VC with 70+ investments and strong NSW AI deal flow. They back founders at seed in AI, healthtech, SaaS, and deep tech with $250K-$2M per syndicate round. For AI founders who aren't yet ready for institutional VCs, TEN13's fast-close syndicate model is worth a conversation. Most active at pre-seed to seed stage.
Check the fund's last investment date on Crunchbase before you reach out. Several funds raised during the 2021 peak and have been slow to close new deals since. A fund with no investments in 18 months isn't worth your time.
Ask directly: "Are you actively deploying from a current fund?" Any fund that won't answer that question isn't worth pursuing. Dead portfolio companies with no follow-on are a red flag.
The OpenAI Australia program (launched 2026) in partnership with Blackbird, Square Peg, and AirTree provides the clearest signal of which VCs are most committed to the AI thesis. Those three are actively co-investing.
Sydney's AI community runs through startups, Stone & Chalk Tech Central, Fishburners, and the annual Sunrise conference. Most Sydney AI VCs attend these regularly - show up before you're fundraising.
Victoria investors frequently co-invest on AI deals with Sydney funds. Building Melbourne relationships via SEEK Investments, Rampersand, or Airtree's Melbourne team opens pathways into NSW capital.
Lorikeet is the clearest example of how Sydney AI fundraising works in 2026. Steve Hind got backing from all three top Australian VCs. He had 10x revenue growth in 3 months and enterprise customers at closing. Show enterprise traction, not just a demo.
AI-first companies priced at a premium in 2025-2026 and raised faster. But VCs are getting better at spotting feature wrappers. Come with enterprise customer logos, retention data, and a clear explanation of your data or workflow moat.
Most Sydney AI investors are tired of broad AI platform claims. Lorikeet's $75M in 10 months came from solving a specific, measurable problem for regulated enterprise customers. That's the 2026 benchmark.
Four steps matching how NSW AI VCs evaluate artificial intelligence founders in 2026.
You know the investors. Now prepare materials that match how AI VCs evaluate in 2026.


