Participated · Seed · Apr 2026

Smart AI Connect develops SuppliAssure, a platform that provides continuous assurance of supplier security posture using live control signals and API-driven evidence rather than point-in-time assessments. The platform targets regulated sectors, notably financial services and superannuation, and is moving toward live deployment across Australian superannuation funds. The company advanced through Fusion Venture Labs' 12-week Cyber Security Lab, partnering with institutions such as Insignia Financial and supported by Queensland Investment Corporation to validate its solution in real-world settings. Smart AI Connect presented to the Australian Superannuation Cyber Security Forum and is engaging multiple institutions for pilot deployments and broader sector rollout. The recent oversubscribed $1 million seed round, backed by UniQuest Extension Fund, Admiralty Capital Group, Torus Capital and Pipeline Capital, is intended to support commercialisation and deployment activities.

Participated · Seed · Jul 2024

SeenCulture provides a workplace talent management platform that helps organizations make smarter, fairer, and faster decisions about promotions, performance and pay reviews, and team design. The platform leverages data science and behavioral science to identify and highlight overlooked and underestimated talent. SeenCulture serves over 1,500 users and counts clients including Atlassian and Culture Amp. Founded in 2023 by Nikki Tugano and based in Melbourne, the company plans to expand its product development team using fresh funding. The company recently completed a funding round to support product development and growth initiatives.

Participated · Series A · Jan 2021

Founded in 2015, Magnax develops patented yokeless axial flux electric motors with a pancake-shaped, space-efficient topology that the company says delivers higher power and torque density and improved efficiency versus traditional radial flux motors. It commercialises its technology through separate spin-offs—Traxial for ground e-mobility and Axyal for aerospace propulsion—and targets applications including electric vehicles, industrial drives, robotics, and aerospace. The company has about 30 employees in Belgium and has previously raised €16 million in 2020 and €13 million in 2022. With the recent €35.5 million capital increase and Foxconn-linked industrial backing, Magnax plans to industrialise its motor portfolio and enable high-volume production in China while retaining R&D and headquarters in Belgium. Management changes include a new CEO from China and management co-investment as part of the transaction.