
Taronga Ventures
Description
Taronga Ventures is a prominent Sydney-based venture capital firm with a global mandate, specializing in technology and innovation within the real asset sectors. Their investment focus spans PropTech, ConTech, InfraTech, and sustainability solutions that enhance the built environment. What distinguishes Taronga Ventures is its unique strategic investor model, where its funds are backed by a consortium of major global real estate, infrastructure, and construction companies. This network provides portfolio companies with unparalleled access to commercialization opportunities, pilot programs, and strategic partnerships, accelerating their growth and market adoption.
The firm manages the RealTech Ventures Fund, which successfully closed its first iteration at A$100 million (approximately US$65-70 million, depending on exchange rates). Building on this success, Taronga Ventures has launched its second fund, RealTech Ventures Fund II, targeting A$200 million (approximately US$130-140 million), underscoring its expanding influence and commitment to the sector. This significant capital base allows them to support a diverse range of startups, from early-stage innovators to more mature companies seeking to scale globally.
Taronga Ventures typically invests in companies that are beyond the seed stage, demonstrating proven technology and initial market traction. Their initial cheque sizes generally range from US$1 million to US$5 million, with the capacity for substantial follow-on investments as portfolio companies achieve key milestones. The firm's value proposition extends beyond capital, offering strategic guidance, industry connections, and a pathway to integrate innovative solutions into established real asset portfolios worldwide, thereby driving tangible value for both their investors and their portfolio companies.
Investor Profile
Taronga Ventures has backed more than 20 startups, with 2 new investments in the last 12 months alone. The firm has led 9 rounds, about 45% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Seed rounds (top funding stages).
- Majority of deals are located in Australia, United States, Canada.
- Strong thematic focus on Construction, Energy, Software.
- Led 1 rounds in the past year.
- Typical check size: $1M – $5M.
Stage Focus
- Series A (30%)
- Series B (20%)
- Seed (20%)
- Series Unknown (15%)
- Series D (5%)
- Series C (5%)
- Convertible Note (5%)
Country Focus
- Australia (30%)
- United States (30%)
- Canada (15%)
- United Kingdom (15%)
- Israel (5%)
- Hong Kong (5%)
Industry Focus
- Construction
- Energy
- Software
- Information Technology
- Artificial Intelligence (Ai)
- Clean Energy
- Cleantech
- Real Estate
- Apps
- Retail
Frequently Asked Questions
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