Giant Leap Fund

Giant Leap Fund, based in Melbourne, Australia, stands out as the nation's first venture capital fund exclusively dedicated to impact investing. The fund's core mission is to back rapidly scalable businesses that not only promise strong financial returns but also generate significant, measurable positive social or environmental impact. This dual-mandate approach positions Giant Leap as a pioneering force in the Australian impact investing landscape, demonstrating that purpose and profit can be mutually reinforcing.

The fund primarily targets early-stage companies, typically from Seed to Series A, that are addressing critical global challenges across three key impact themes: Health & Wellbeing, Sustainable Living, and Empowering People. Giant Leap seeks out enterprises with robust business models, clear pathways to market leadership, and a deep commitment to integrating impact into their core operations. Beyond capital, the fund provides strategic guidance and leverages its extensive network to support its portfolio companies in achieving both their growth and impact objectives.

Giant Leap Fund has successfully raised substantial capital, notably closing its second fund, Giant Leap Fund II, at A$40 million (approximately US$26.4 million) in 2021. This capital enables them to make initial investments ranging from A$500,000 to A$3 million (approximately US$330,000 to US$1.98 million), with a clear capacity for follow-on investments as portfolio companies mature. The fund's commitment to its values is further underscored by its B Corp certification, reflecting its adherence to high standards of social and environmental performance, accountability, and transparency.

As a first-mover in Australia's dedicated impact VC space, Giant Leap plays a crucial role in cultivating a vibrant ecosystem for impact-driven startups. Its portfolio showcases a diverse array of innovative companies tackling issues from mental health solutions to sustainable consumption, proving the commercial viability of impact-first ventures. By attracting both visionary entrepreneurs and like-minded co-investors, Giant Leap Fund is instrumental in shaping a future where business success is intrinsically linked to positive societal and environmental change.