Our Funds
Since 2010, OneVentures has launched 7 funds, managing over AU$900M across multiple sectors and strategies
ACTIVELY INVESTING
Launched: 2024
1V Growth Fund VII
Investing $10M to $30M in technology or tech-enabled growth companies.
Fund size: $200M Target
Building on the success of our earlier equity funds covering technology – Fund I, II, and V, the 1V Growth Fund VII invests in technology or tech-enabled growth companies with quality, foundational leadership teams, large addressable markets, and global potential.
We are investing in high-quality scale-up technology businesses that may have fallen outside of the traditional VC laneway. Those that are, looking for later rounds of financing or have bootstrapped to a later stage, or need support with corporate restructuring and offshore market entry. OneVentures’ operational and strategic expertise is provided in partnership with our portfolio companies’ leadership teams, helping them unlock their full potential.
Our investment strategy focuses on the Australian and New Zealand markets, targeting B2B technology companies that play into global growth thematics, offering innovative products or services that benefit society positively, meeting our ESG criteria. The fund preferences businesses with recurring revenue usage, typically a minimum of $5M to $15M, or subscription-based SaaS models.
ACTIVELY INVESTING
Launched: 2023
Growth Credit Fund VI
Providing $1M to $20M in Growth Credit for Scaling Tech Companies
Fund size: $72M
Fund VI provides flexible debt financing for fast growing, venture-backed tech companies that have found product market fit and are looking to invest in growth.
We look at all types of tech companies ranging from healthcare, hardware, eCommerce, marketplaces and of course SaaS.
Growth Credit offers a scalable funding solution that functions like equity for growth but with minimal dilution. Instead of giving up ownership, companies pay interest on a loan that amortises down over time.
We’ve helped business extend runway, reach key milestones, fund acquisitions and scale efficiently – whilst maintaining control.
ACTIVELY INVESTING
Launched: 2020
Growth Fund V
Investing up to $20M+ in Growth Capital for Scaling Tech Companies
Fund size: $142M
Growth Fund V invests in attractive scale-up tech companies tackling global challenges. These businesses may fall outside traditional VC, have bootstrapped or need support with restructuring, global expansion or accelerating growth.
The fund focuses on major global thematics like remote work, digitisation, clean energy, urbanisation and automation. We back companies with innovative products or services that drive positive impact, including collaboration tools, enterprise cloud, logistics, PropTech, robotics, IoT and AI. Preference is given to subscription-based and recurring revenue models.
OneVentures’ operational expertise is provided in partnership with leadership teams to help unlock their full potential.
ACTIVELY INVESTING
Launched: 2021
VGF Credit Fund
Providing Growth Credit to Victoria’s Most Promising Scale-Up Companies
Fund size: $30M
In partnership with Invest Victoria, the VGF Credit Fund launched a $30M fund in November 2021, aligning with the Growth Credit Fund IV mandate but focused specifically on Victorian companies.
The fund targets technology companies with strong product-market fit and recurring revenue models, generating $3M+ in revenue. Investments range from $500K to $6M per company, with the ability to co-invest alongside Growth Credit Fund IV for larger opportunities.
Funds Allocated
Launched: 2020
Growth Credit Fund IV
Providing $500K to $10M in Growth Credit for Scaling Tech Companies
Fund size: $78M
In collaboration with Viola Credit, our Growth Credit Fund provides ~$120M in debt financing for high-growth tech companies in Australia and New Zealand.
We back companies with strong revenue growth, particularly in SaaS, fintech, marketplaces, and e-commerce, led by exceptional teams generating >$3-5M in revenue.
Growth Credit is a non-dilutive solution that extends runway, funds milestones, and supports strategic scaling. As with our equity investments, OneVentures offers portfolio companies deep industry insight, an extensive network, and strategic expertise.
Funds Allocated
Launched: 2016
Healthcare Fund III
Investing up to $20M in High-Potential Healthcare Innovations
Fund size: $170M
Our Healthcare Fund III backs Australian-based therapeutics, devices and diagnostics at or near clinical development with clear commercial, regulatory and reimbursement pathways.
We invest $10M to $20M per company, providing hands-on support to navigate clinical trials, regulatory approvals and global market entry.
Licensed under the Commonwealth Government’s Biomedical Translation Fund (BTF), OneVentures was granted an $85M license matched by private capital. The BTF programme accelerates the commercialisation of breakthrough biomedical innovations while offering benefits to investors throughout the investment cycle.
Funds allocated
Launched: 2014
Innovation & Growth Fund II
Investing in Scaling Technology and Healthcare Companies
Fund size: $75M
Our Innovation & Growth Fund II backed later-stage technology and healthcare companies seeking growth capital.
We focused on technology companies with strong product-market fit and healthcare companies with clear commercial, regulatory and reimbursement pathways. Investments ranged from $5M to $10M per company, leveraging the OneVentures team’s expertise to accelerate value creation and success.
Funds allocated
Launched: 2010
Innovation Fund I
Providing Venture Capital to Early-Stage Innovations
Fund size: $40M
Our Innovation Fund provided capital and expertise to early-stage companies, including seed and Series A investments.
Launched in 2010, the fund was backed by $20M from the Commonwealth Government’s Innovation Investment Fund programme, matched by $20M from private investors. Capital from this fund is fully deployed.