EARLY-STAGE B2B TECH · SA · WA · QLD

Australia's
overlooked stars.

We back early-stage tech companies in South Australia, Western Australia and Queensland — markets that 92% of Australian VC overlooks. We help them grow customers, expand internationally, and reach exit.

PHOTO · HEIKO OTTO
$21M
Raised so far for Fund 1
7Portcos
in Fund 1, 23 more to come
>25%
Target IRR for Fund 1*
TaxBenefits
Tax-exempt & offset*

*Target IRR is the fund's stated objective only. It is not a forecast or guarantee and returns are not assured. Past performance is not a reliable indicator of future performance. ESVCLP tax concessions depend on the fund's continued registration under the Venture Capital Act 2002 (Cth) and on each investor's individual circumstances. Seek independent tax and financial advice before investing.

What's happening.

All news
Fund News

Brad Feld to Chair the Fund's LPAC

Brad Feld has agreed to chair the Limited Partner Advisory Committee for Eastend Ventures Fund 1. Brad co-founded The Foundry and Techstars, and has spent 35+ years as an operator and investor — backing companies like Fitbit.

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Portfolio

On Show: Inaugural Portfolio Showcase

In March we hosted our first Portfolio Showcase for LPs at the National Wine Centre — a side event of Southstart in Adelaide. LPs met the founders, heard updates firsthand, and built relationships that work in both directions.

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Our markets aren't unproven.
They're overlooked.

92% of Australia's venture capital is concentrated in Sydney and Melbourne. That leaves 50% of federally-funded innovation centres outside their reach. South Australia, Western Australia and Queensland together receive less than 10% of available VC funding — despite producing the next generation of Australian tech success stories.

We invest where capital is scarce and competition is thin. We back capital-efficient B2B teams at sensible valuations, support them through international expansion, and target acquisitions in the $100M–$500M range. It's an arbitrage between Australian innovation and international acquirers — and our markets are the clearest place to play it.

We do the work — for founders and LPs.

International market expansion

Two decades operating, building and exiting across the US, UK, Europe and APAC. We've scaled tech-enabled companies across four countries and brought Australian companies into US healthcare, defence and enterprise software.

Buyer sourcing & exit execution

We back companies with a clear five-year liquidity pathway — and we run the process. Our pilot fund returned an exit within three years (WSG to Ideagen, UK). We open buyer relationships, structure deals, and close.

Hands-on partnership, not relocation

Customers, co-investors, government, hires, professional services. Board involvement and operational depth where it adds value. Founders stay in their markets — we travel.

Realised gains over paper valuations

We earn carry only when investors receive distributions. The fund is structured for liquidity — closer to private equity than traditional venture — with a target IRR above 25%.*

Seven companies. $7.7M deployed.

DEFENCE · RESOURCES · LOGISTICS

Priori Analytica

STEVEN BENN

AI fault prediction analytics for defence, resources and logistics. Experienced technical founder with international market pull.

PRODUCT INTELLIGENCE

Heatseeker

FIONA TRIACA · KATE O'KEEFFE · RUTGER COOLEN

AI-powered product-market fit insights. Ex-Atlassian product lead and Cisco Labs founder. Roll-up to US entity in progress.

CONSTRUCTION SAAS

JACK App

LIAM COOK · DANIEL MORTON

All-in-one estimating and project management for builders. Repeat founders, 200+ paying customers and over $1M ARR in 10 months.

AI INFRASTRUCTURE

BlueNexus

CHRIS WERE

Middleware for AI applications: secure context, connected data, persistent memory. Anchor customer in US healthcare.

GRANT MANAGEMENT

Optible AI

NICK BONICIOLLI

AI-powered grant management. Faster, fairer assessment of grant applications for government departments and foundations. Adelaide HQ with traction across the UK and US.

SPORTS TECH

Legend Sports

LOUIS GORDON-LATTY

AI game stats, video engagement and merchandise platform. Second-time founder addressing 400M+ amateur players globally.

MARKETING INFRASTRUCTURE

Nitrosend

EDWARD HARTLEY · GEORGE HARTLEY · KAM LOW

AI-native email and SMS for an AI-first world. Exited founders returning to disrupt the industry they came from.

Three cities. One mandate.

Adelaide, Perth and Brisbane. Three innovation ecosystems where world-class founders are building, with little competition for their cap tables.

↗ 01

Adelaide

SOUTH AUSTRALIA

Defence, space, and creative-tech industries. Home of Australia's first ESVCLP focused on the southern markets.

POPULATION 1.8M
↗ 02

Perth

WESTERN AUSTRALIA

Resources, supply chain and industrial software at scale. Globally connected operators with exit experience.

POPULATION 2.7M
↗ 03

Brisbane

QUEENSLAND

The fastest-growing state ecosystem. Lifestyle-driven, growth-oriented founders building for global markets.

POPULATION 5.3M

Under the radar.
Not out of reach.

For a limited time, Eastend Ventures Fund 1 is open to eligible investors. This is an ESVCLP fund with minimum commitment of $250,000. Book a meeting and we'll walk you through the opportunity.