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Understorey Ventures

Sydney, New South Wales, Australia

Overview

Invests in solutions for restoring planetary health.

Founded

2021

Deals · 12mo

4

Links

WebsiteLinkedIn

Stage focus

Seed
Series A

Geographic focus

Australia
United Kingdom
United States

Sector focus

—

Investment portfolio

10rounds
NAMEDATESIZE
Rubi Laboratories
Mar 2026Participated
$8 MOther Equity
MGA Thermal
Mar 2026Participated
$17 MOther Equity
SPEC Toolbox
Jan 2026Participated
$3 MSeries A
Transition Metal Solutions
Jan 2026Participated
$6 MSeed
Cambium Carbon
Feb 2025Participated
$19 MSeries A
FORAY bioscience
Jun 2024Participated
$3 MSeed
Dendra Systems
May 2024Participated
$16 MSeries B
MGA Thermal
Apr 2024Participated
$6 MOther Equity
Cosmic Aerospace
Feb 2024Participated
$5 MSeed
FLINTpro
May 2023Led
$14 MSeries A
Rubi Laboratories
Mar 2026Participated
$8 MOther Equity
MGA Thermal
Mar 2026Participated
$17 MOther Equity
SPEC Toolbox
Jan 2026Participated
$3 MSeries A
Transition Metal Solutions
Jan 2026Participated
$6 MSeed
Cambium Carbon
Feb 2025Participated
$19 MSeries A
FORAY bioscience
Jun 2024Participated
$3 MSeed
Dendra Systems
May 2024Participated
$16 MSeries B
MGA Thermal
Apr 2024Participated
$6 MOther Equity
Cosmic Aerospace
Feb 2024Participated
$5 MSeed
FLINTpro
May 2023Led
$14 MSeries A
10
Items
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Insights

Time horizon

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Deal Distribution

Understorey Ventures: 10 funding rounds are recorded in the selected participation categories.All available history.
Understorey Ventures: 10 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed03
Series A12
Series B01
Other Equity03

Monthly Deal Activity

Understorey Ventures: 10 deals are recorded across 42 months.All available history.
Understorey Ventures: 10 deals are recorded across 42 months. All available history
MonthDeals
May '231
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '241
Mar '240
Apr '241
May '241
Jun '241
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '251
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '262
Feb '260
Mar '262
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Understorey Ventures: Clean Energy & Sustainability is the largest displayed sector by deal count (7 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Understorey Ventures: Clean Energy & Sustainability is the largest displayed sector by deal count (7 deals). All available history
SectorDeals
Clean Energy & Sustainability7
Manufacturing3
Networks, Cloud & Communication2
Health & Life Sciences2
Hardware & Robotics1
Enterprise Software1
Professional Services1
Data, Analytics & IT1
Real Estate & Construction1
Space & Frontier Tech1
Transportation & Logistics1

Deal Size Distribution

Understorey Ventures: 10 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Understorey Ventures: 10 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M3
$5M-$10M3
$10M-$25M4
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Understorey Ventures: United States has the largest recorded deal count among the displayed regions (5 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

Understorey Ventures: United States has the largest recorded deal count among the displayed regions (5 deals). All available history
RegionDeals
United States5
Australia3
801111
Europe1
Understorey Ventures: 20 co-investors are shown, with Pollination sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

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Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Understorey Ventures: 20 co-investors are shown, with Pollination sharing 3 recorded deals. All available history
Co-investorShared deals
Pollination3
Electrifi Ventures2
JEKARA2
Main Sequence Ventures2
Melt Ventures2
New Zealand Growth Capital Partners2
Possible Ventures2
Varley Holdings2
81 Collection1
Aera VC1
Airbus Ventures1
Alumni Ventures1
Ananta-OM1
AP Ventures1
Aramco Ventures (Saudi Aramco Energy Ventures)1
Archangel1
Astor Management1
Australian Renewable Energy Agency1
Australian Venture Partners1
Black Nova1

Investment Strategy

Understorey Ventures: Led accounts for 10% and participating for 90% of round participation.All available history.
Understorey Ventures: Led accounts for 10% and participating for 90% of round participation. All available history
CategoryDeals (count)Share (%)
Led110%
Participating990%
Understorey Ventures: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Understorey Ventures: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1100%
Co-led00%

Team

No team members found for this fund.