Sydney AI investors financing artificial intelligence companies in 2026

5 June 2026·13 min read

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.

TypeCheck sizeSector focusWebsite
Blackbird VenturesMulti-stage VCSeed to growth ($500K-$50M+)AI, enterprise, deep tech, consumerblackbird.vc
AirTree VenturesEarly to growth VC$500K-$20M+AI, SaaS, healthtech, fintechairtree.vc
Square Peg CapitalGlobal VC, Sydney HQ$2M-$20MAI, fintech, SaaS, enterprisesquarepeg.vc
Main SequenceDeep tech VC (CSIRO-backed)Seed to Series B ($1M-$20M)AI, deep tech, health, security, spacemseq.vc
Skip CapitalSingle family officeSeed to Series BAI, healthtech, infrastructure, educationskipcapital.com
ArtesianEarly-stage VCSeed to Series A ($1M-$10M)AI, medtech, agrifood, clean energyartesianinvest.com
InvestibleEarly-stage VC + angel network$250K-$3MAI, climate tech, deep tech, softwareinvestible.com
Tidal VenturesSeed-stage VC$1M-$5M seedAI, enterprise SaaS, cybersecuritytidalvc.com
OIF VenturesEarly-stage VCSeed to Series AAI, SaaS, marketplaces, enterpriseoifventures.com.au
AntlerPre-seed company builderPre-seed ($100K-$500K)AI, SaaS, deep tech, all sectorsantler.co
Folklore VenturesSeed-stage VCFirst check to Series AAI, SaaS, software, ANZ techfolklore.vc
AfterWork VenturesSeed-stage VCPre-seed to seed ($500K-$3M)AI, SaaS, consumer tech, deep techafterwork.vc
Cicada InnovationsDeep tech incubator + investorPre-seed to seedAI, deep tech, biotech, cleantechcicadainnovations.com
EVPSeries A VCSeries A lead ($3M-$15M)AI-enabled SaaS, B2B enterprise softwareevp.com.au
TEN13Angel syndicate VCSeed ($250K-$2M per syndicate)AI, healthtech, SaaS, deep techten13.vc

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What is a Sydney AI investor?

Sydney 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.

61%
Share of total Australian VC capital going to AI companies in 2025
AU AI: 61% of total VC capital 2025
$1B+
Total Australian VC deployed into AI companies in 2025
AU AI: $1B+ deployed in 2025
$75M
Total raised by Lorikeet in 10 months - backed by Blackbird, Square Peg, and AirTree
Lorikeet: $75M in 10 months, 2025-2026
A$25B
Microsoft commitment to Australian AI and cloud infrastructure through 2029
Microsoft: A$25B AU AI infrastructure 2026
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.
QED Investors, Lorikeet Series A announcement, August 2025

15 Sydney AI investors backing artificial intelligence founders

1. Blackbird Ventures

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.

  • Recent Deals: Lorikeet Series A August 2025; Kimia seed April 2026; Marloo seed 2026; 6 investments in 2026
  • LinkedIn: Blackbird Ventures LinkedIn
  • Sector Focus: AI, enterprise software, deep tech, fintech, consumer, healthtech
  • Stage Focus: Seed to growth ($500K-$50M+)
  • Location: Sydney, NSW, AU
  • Website: blackbird.vc

2. AirTree Ventures

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.

  • Recent Deals: Kimia seed lead 2026; Lorikeet Series A August 2025; Haast Series A 2026; $650M Fund V August 2025
  • LinkedIn: AirTree LinkedIn
  • Sector Focus: AI, SaaS, healthtech, fintech, climate tech
  • Stage Focus: Seed through growth ($500K-$20M+)
  • Location: Sydney, NSW, AU
  • Website: airtree.vc

3. Square Peg Capital

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.

  • Recent Deals: Lorikeet Series A August 2025; Aidoc April 2026; Airwallex $300M Series F May 2025; 16 investments past 12 months
  • LinkedIn: Square Peg LinkedIn
  • Sector Focus: AI, fintech, SaaS, enterprise software, developer tools
  • Stage Focus: Seed to growth ($2M-$20M+)
  • Location: Sydney, NSW, AU (global)
  • Website: squarepeg.vc

4. Main Sequence

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.

  • Recent Deals: Kasada $20M December 2025; 10 investments past 12 months; AIML partnership; A$1B+ AUM
  • LinkedIn: Main Sequence LinkedIn
  • Sector Focus: AI, deep tech, health, food, space, security, quantum
  • Stage Focus: Seed to Series B ($1M-$20M)
  • Location: Sydney, NSW, AU
  • Website: mseq.vc

5. Skip Capital

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.

  • Recent Deals: Lorikeet seed and Series A; Kimia seed 2026; Human Health seed 2025; Alloy, Morse Micro portfolio
  • LinkedIn: Skip Capital LinkedIn
  • Sector Focus: AI, healthtech, infrastructure, education, robotics, wellness
  • Stage Focus: Seed to Series B
  • Location: Sydney, NSW, AU
  • Website: skipcapital.com

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6. Artesian

Artesian 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.

  • Recent Deals: CLIQ and Plasmaleap 2026; 7 investments in 2025; Neighbourlytics exit November 2025
  • LinkedIn: Artesian LinkedIn
  • Sector Focus: AI, medtech, agrifood, clean energy, enterprise software
  • Stage Focus: Seed to Series A ($1M-$10M)
  • Location: Sydney, NSW, AU
  • Website: artesianinvest.com

7. Investible

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.

  • Recent Deals: 12 investments past 12 months; 197 total investments; 15 exits including 2 IPOs
  • LinkedIn: Investible LinkedIn
  • Sector Focus: AI, climate tech, deep tech, software, healthtech
  • Stage Focus: Seed to Series A ($250K-$3M)
  • Location: Sydney, NSW, AU
  • Website: investible.com

8. Tidal Ventures

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.

  • Recent Deals: Operata Series A lead 2026; Checkbox, Shippit, TheLoops portfolio; 52 investments, 31 as lead
  • LinkedIn: Tidal Ventures LinkedIn
  • Sector Focus: AI, enterprise SaaS, cybersecurity, B2B platforms
  • Stage Focus: Seed ($1M-$5M)
  • Location: Sydney, NSW, AU
  • Website: tidalvc.com

9. OIF Ventures

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.

  • Recent Deals: 4 investments past 12 months; 81 total investments; 5 exits
  • LinkedIn: OIF Ventures LinkedIn
  • Sector Focus: AI, SaaS, marketplaces, enterprise software
  • Stage Focus: Seed to Series A
  • Location: Sydney, NSW, AU
  • Website: oifventures.com.au

10. Antler

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.

  • Recent Deals: Active Sydney cohorts 2025-2026; global portfolio 1,000+ companies; Australian AI program focus
  • LinkedIn: Antler LinkedIn
  • Sector Focus: AI, SaaS, deep tech, all sectors
  • Stage Focus: Pre-seed ($100K-$500K)
  • Location: Sydney, NSW, AU (global)
  • Website: antler.co

11. Folklore Ventures

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.

  • Recent Deals: 41 investments; 2 exits, 1 IPO; long-hold seed portfolio; ANZ tech focus
  • LinkedIn: Folklore Ventures LinkedIn
  • Sector Focus: AI, SaaS, software, ANZ tech founders
  • Stage Focus: First check to Series A
  • Location: Sydney, NSW, AU
  • Website: folklore.vc

12. AfterWork Ventures

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.

  • Recent Deals: Active 2025-2026; Oceania-focused AI and SaaS mandate; most active NSW VC list 2026
  • LinkedIn: AfterWork Ventures LinkedIn
  • Sector Focus: AI, SaaS, consumer tech, deep tech, Oceania founders
  • Stage Focus: Pre-seed to seed ($500K-$3M)
  • Location: Sydney, NSW, AU
  • Website: afterwork.vc

13. Cicada Innovations

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.

  • Recent Deals: Active 2025-2026; Cicada x Main Sequence Tech23 partnership; UNSW and University of Sydney spinouts
  • LinkedIn: Cicada Innovations LinkedIn
  • Sector Focus: AI, deep tech, biotech, cleantech, university spinouts
  • Stage Focus: Pre-seed to seed
  • Location: Sydney, NSW, AU
  • Website: cicadainnovations.com

14. EVP

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.

  • Recent Deals: EatClub February 2026; CorePlan $5M February 2026; 3 investments in 2026; Deputy, SiteMinder portfolio
  • LinkedIn: EVP LinkedIn
  • Sector Focus: AI-enabled SaaS, B2B enterprise software, fintech, marketplace
  • Stage Focus: Series A lead ($3M-$15M)
  • Location: Sydney, NSW, AU
  • Website: evp.com.au

15. TEN13

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.

  • Recent Deals: 70+ investments; active 2025-2026 AI and SaaS deployments; national syndicate reach
  • LinkedIn: TEN13 LinkedIn
  • Sector Focus: AI, healthtech, SaaS, deep tech, ANZ founders
  • Stage Focus: Seed ($250K-$2M per syndicate)
  • Location: Brisbane/Sydney, AU
  • Website: ten13.vc

How to verify a Sydney AI fund is still deploying

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.

How to get a warm intro to Sydney AI investors

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.

What Sydney AI investors look for at pitch stage in 2026

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.

How to pitch a Sydney AI investor

Four steps matching how NSW AI VCs evaluate artificial intelligence founders in 2026.

  1. 1.
    Show enterprise traction, not just a working demo
    AI VCs want paying customers, not impressive prototypes.
  2. 2.
    Explain your data or workflow moat specifically
    Vague moat claims won't survive a first partner meeting.
  3. 3.
    Get warm intros through Tech Central or Sunrise events
    Cold emails to top AI VCs rarely convert in Sydney.
  4. 4.
    Send technical and financial docs via Ellty trackable links
    Know when investors open your model vs. architecture docs.

How Ellty helps you land a Sydney AI investor

You know the investors. Now prepare materials that match how AI VCs evaluate in 2026.

  1. 1.
    Upload model benchmarks and technical architecture
    AI VCs want performance data alongside your business model.
    Upload file in data room
  2. 2.
    Set separate access for technical and commercial docs
    Deep tech VCs need IP docs. Generalist VCs need the deck.
    Set permissions data room
  3. 3.
    Get notified when a VC opens your architecture files
    Follow up when an investor spends time on your technical docs.
    Analytics data room
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Common questions from Sydney AI founders

Do Sydney AI VCs fund pre-revenue startups in 2026?
Some do at pre-seed. Antler and Cicada back pre-revenue. Most VCs want paying customers.
What's the difference between Main Sequence and Blackbird for AI?
Main Sequence backs research-originated AI. Blackbird backs category-defining commercial AI.
Should I approach all three top VCs at once?
No. Lorikeet got Blackbird, Square Peg, and AirTree by showing 10x growth first, not by pitching all at once.
When should I set up an Ellty data room for an AI raise?
Before any first meeting. AI VCs request technical architecture and model data immediately after intro calls.
Is the OpenAI Australia program a path to VC funding?
It helps. The program runs with Blackbird, Square Peg, and AirTree - who can convert from mentor to investor.
What do Sydney AI investors consider a red flag in 2026?
LLM wrappers with no proprietary data. Vague moat claims. No enterprise customers after 12 months.

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