In this month’s dispatch, we’ve got the story of our latest investment in ZeroJet, plus updates from across the portfolio and Investible team.
Our continued commitment to identifying early-stage innovators across Australia, New Zealand and Southeast Asia has taken us across the entire region so far this year. We are reminded daily that founders who break the mould can come from anywhere, and that innovation is truly borderless.
Both the Investible Climate Tech Fund and Early-Stage Fund 2 are actively investing in startups, from pre-seed. If you’re building something incredible, we’d love to chat. Get in touch here.
PS - We’re hiring a People and Culture Manager. If you’re ready to level up your career and impact one of APAC’s most ambitious VCs, get in touch!
Welcome to the portfolio, ZeroJet!
Hailing from Auckland, New Zealand, the ambitious maritime innovator ZeroJet enables a critical step change in the electrification of the boating and shipping industry with the development of a custom jet propulsion system.
Under the leadership of co-founders Bex Rempel and Neil Mans, the startup has developed an environmentally friendly and quiet propulsion system: more efficient, more practical and more fun than traditional propeller-based units.
The Investible Climate Tech Fund participated in ZeroJet’s Series A round alongside a strong and specialised group of investors including Movac and the NZX-listed Booster Innovation Fund.
To learn all about our conviction in ZeroJet and its team, have a read of our Co-Head of Climate Tech, Patrick Sieb’s investment notes here.
News from the portfolio
⚡ Electric vehicle innovator Applied EV cap off a pre-IPO raise at $150m valuation.
🌿 Mosaic Solutions just closed a seed funding round of US$5 million led by Kickstart Ventures, Gentree Fund and a follow-on funding from Club Investible.
🏅 Zac Duff and Numa Bertran of JigSpace, plus Dr. Andrew Horsley and Dr. Marcus Doherty of Quantum Brilliance featured in the list of Australian Business Review’s Top 100 Innovators.
💪 ilumnir won the Continuity and Resilience Innovation category in the 2022 BCI APAC Awards.
🌐 WORK180 has onboarded global wealth management fund Northern Trust Corporation into their network.
📰 BintanGO were profiled as an innovator in Indonesia’s creator economy in the Business Times
🌊. ZeroJet receive great reviews from Boating NZ.
📦. Parcel Perform migrates to a brand new platform to serve as the foundation of a robust new product.
🤖. SoMin AI win National Business Award from Singapore Business Review.
💻. Quantum Brilliance partners with NVIDIA to create new accessible quantum computing model.
What else we’re up to
This month, we’re excited to welcome three new team members to the Investible crew. Get to know Amy Huang (Chief of Staff), Marie Garcia (Reporting Analyst), and Harry Steer (Content and Community Associate) in these short profiles.
Investible’s Elisa-Marie Dumas is mentoring in The Big Leap Incubator Program. This program is a collaboration between Arrow Digital and LaTrobe University to take tech-led Australian migrants with a start up in-hand to test out their strategies in hot technology markets like India.
Climate Tech Analyst Ben Lindsay spoke on the Wholesale Investor Venture & Capital panel alongside other industry mainstays about DeepTech, trends at the moment, and the venture capital market’s appetite for investment in our current macroeconomic context.
Two of our investment team, Joanna Ng and Jayden Basha, will be mentoring founders of women-led and women-focused startups in the World’s Largest Startup Competition for Women and Technology, run by She Loves Tech! If you or someone you know is interested in this competition, take a look at all the details here.
Queensland Climate Tech Showcase
Climate Salad and the Office of the Queensland Chief Entrepreneur are joining forces to showcase the Climate Tech sector and find out why this sector is growing at an incredible rate.
We’re excited to be an official partner in bringing together Climate Tech entrepreneurs, teams, investors, mentors, scientists, and advocates to explore how we’re solving the biggest challenge of our time.
👉 If you’d like to attend this event, grab your tickets now with a 20% discount!
Job opportunities
There are 200+ open roles at Investible and startups in our community
💸 Investible is hiring a People and Culture Manager
📦 Parcel Perform is hiring for various positions in Engineering and Operations
🌊. ZeroJet are hiring various Engineering roles (New Zealand)
📱 Bintango are hiring Business Development roles (Indonesia)
🖐️ Fingerprint for Success are hiring two roles in Marketing
⚡ Applied EV are hiring in Engineering and Marketing
Before you go
The CSIRO published their ‘Our Future World’ report, detailing the seven global megatrends that hold the key to challenges and opportunities ahead.
How startup advice is like baby books.
.png){kind=icon}
Written by
Investible
stay in the loop
The Investible newsletter is your source for our latest news, insights and more
You are now subscribed !
Sign up to our monthly newsletter
You are now subscribed !
The Investible group of companies includes various entities who are corporate authorised representatives (CAR) of Boutique Capital Pty Ltd (BCPL) AFSL 508011. The full list of entities are detailed here.
CAR has taken all reasonable care in producing all the information contained in the website including but not limited to reports, tables, maps, diagrams and photographs. However, CAR will not be responsible for loss or damage arising from the use of this information. The contents of this website should not be used as a substitute for detailed investigations or analysis on any issues or questions the reader wishes to have answered.
You may download the information for your own personal use or to inform others about our materials, but you may not reproduce or modify it without our express permission. To the extent to which this website contains advice it is general advice only and has been prepared by the Company for individuals identified as wholesale investors for the purposes of providing a financial product or financial service, under Section 761G or Section 761GA of the Corporations Act 2001 (Cth).
The information in this website is not intended to be relied upon as advice to investors or potential investors and has been prepared without taking into account personal investment objectives, financial circumstances or particular needs. Recipients of this information are advised to consult their own professional advisers about legal, tax, financial or other matters relevant to the suitability of this information.
Any investment(s) summarised in this website is subject to known and unknown risks, some of which are beyond the control of CAR and their directors, employees, advisers or agents. CAR does not guarantee any particular rate of return or the performance, nor does CAR and its directors personally guarantee the repayment of capital or any particular tax treatment. Past performance is not indicative of future performance.
All investments carry some level of risk, and there is typically a direct relationship between risk and return. We describe what steps we take to mitigate risk (where possible) in the investment documentation, which must be read prior to investing. It is important to note risk cannot be mitigated completely.
Whilst the contents of this website is based on information from sources which CAR considers reliable, its accuracy and completeness cannot be guaranteed. Data is not necessarily audited or independently verified. Any opinions reflect CAR’s judgment at this date and are subject to change. CAR has no obligation to provide revised assessments in the event of changed circumstances. To the extent permitted by law, BCPL, CAR and their directors and employees do not accept any liability for the results of any actions taken or not taken on the basis of information in this website, or for any negligent misstatements, errors or omissions.
Subscribe to our newsletter
Be the first to receive the latest news, insights and resources from Investible
You are now subscribed !