# Balmain: portfolio, investments and team

> Balmain is a vc firm based in Australia. 2 investments on record, 1 in the last 12 months, latest Apr 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/balmain (Millionrounds; every figure on the page links to its filing or article)

Australia · [Investor](https://millionrounds.com/investors)

# Balmain

Last cheque observed Apr 2026; 2 cheques on record.

Email

VC firm Deploying now

Seed Series A

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Deploying now

**100%** of best year **1** **cheques in 12 months**, 2 on record

Since the last cheque **206** days **00** hrs **00** min **00** sec

Median round **$6.3M** Rounds led **1 of 2**

Pitch Balmain

## Balmain highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Seed and Series A: 100% of its rounds
- 03 Led 1 rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Based in:** Sydney, Australia
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **2 appearances**

- **2026** 1 round
- **Apr** **[Caruso](https://millionrounds.com/company/caruso)** Series A · NZ · Startup Daily **$9.3M** With 2 others
- **2024** 1 round
- **Dec** **[Caruso](https://millionrounds.com/company/caruso)** Seed · NZ · Startup Daily **$3.2M** *Led*

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**5+** funds on file numbered funds in its name

## The cheque

Seed Series A

Median round joined **$6.3M** the round, not its cheque

Led 1 of 2 rounds **50%**

- **Sole investor:** Never alone
- **Last cheque:** Apr 2026

Rounds by stage said on their site

- Seed *1*
- Series A *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Icehouse Ventures](https://millionrounds.com/fund/icehouse-ventures) 2

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## Who they invest alongside

The investors most often in the same rounds as Balmain. A count of rooms they were both in, not a relationship either has claimed.

[**Icehouse Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/icehouse-ventures)

## Quick answers about Balmain

### What does Balmain invest in?

Balmain invests most often at Seed and Series A (100% of the rounds on record).

### How active is Balmain?

2 investments on record, 1 of them in the last 12 months, and it led 1. The most recent was in Apr 2026.

### What has Balmain invested in recently?

Its most recent investments on record: Caruso (Series A, Apr 2026).

### How big are Balmain's cheques?

The median round it joins is $6.3M.

### Is Balmain investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### Who does Balmain invest alongside?

Most often Icehouse Ventures (2 rounds together).

### What kind of investor is Balmain?

Balmain is a VC firm based in Sydney, Australia.

### When was Balmain founded?

Balmain was founded in 1979.

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