# Tenmile: portfolio, investments and team

> Tenmile is a vc firm based in Australia. 4 investments on record, 2 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

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

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

# Tenmile

Last cheque observed Oct 2026; 4 cheques on record.

Email

VC firm Deploying now

Seed Health Biotech Pharma

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Deploying now

**100%** of best year **2** **cheques in 12 months**, 4 on record

Since the last cheque **34** days **00** hrs **00** min **00** sec

Median round **$62M** Rounds led **1 of 4**

Pitch Tenmile

## Tenmile highlights

- 01 2 cheques in the last 12 months
- 02 Mostly Seed and Series C: 75% of its rounds
- 03 Led 1 rounds

## What they do

> We’re on a mission to improve human health by growing top tier companies and connecting Australian innovation to the world. From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Seed
- **Sectors:** Health Biotech Pharma
- **Based in:** Perth, Australia
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **4 appearances**

- **2026** 2 rounds
- **Oct** **[Skopos Bio](https://millionrounds.com/company/skopos-bio)** Seed · AU · Startup Daily **$12M** *Led*
- **Jul** **[AdvanCell](https://millionrounds.com/company/advancell)** Series D · AU · QRM Capital **$315M** With 16 others
- **2025** 1 round
- **Feb** **[AdvanCell](https://millionrounds.com/company/advancell)** Series C · AU · Startup Daily **$112M** With 6 others
- **2024** 1 round
- **Dec** **[Proton Intelligence](https://millionrounds.com/company/proton-intelligence)** Seed · CA · We Venture Capital **$7.0M** With 8 others

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 they claim to have backed

From their own portfolio page (on their website)

**24** of 42 we have independently watched raise

[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/advancell)[Company](https://millionrounds.com/company/verge-genomics)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[Company](https://millionrounds.com/company/company)[LinkedIn](https://millionrounds.com/company/linkedin)[Luma](https://millionrounds.com/company/luma) Afr Aumanufacturing Ausbiotech Bioindustry Biospectrumasia Biotechdispatch Businessnews Capitalbrief Contractpharma European-biotechnology Eventcreate Healthservicesdaily Pharmanow Proactiveinvestors Pulseit Theage Theaustralian Thewest

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## The cheque

Seed

Median round joined **$62M** the round, not its cheque

Led 1 of 4 rounds **25%**

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

Rounds by stage said on their site

- Seed said *2*
- Series C *1*
- Series D *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Abingworth](https://millionrounds.com/fund/abingworth) 2
- [Brandon Capital](https://millionrounds.com/fund/brandon-capital) 2
- [Morningside Group](https://millionrounds.com/fund/morningside) 2
- [Sanofi Ventures](https://millionrounds.com/fund/sanofi-ventures) 2

**Pitching Tenmile?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

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

[**Abingworth** VC firm **2** rounds together](https://millionrounds.com/fund/abingworth)[**Brandon Capital** VC firm **2** rounds together](https://millionrounds.com/fund/brandon-capital)[**Morningside Group** VC firm **2** rounds together](https://millionrounds.com/fund/morningside)[**Sanofi Ventures** Corporate VC **2** rounds together](https://millionrounds.com/fund/sanofi-ventures)

## Recently backed

The latest companies Tenmile put money into.

[**AdvanCell** $315M · Jul 2026](https://millionrounds.com/company/advancell)[**Proton Intelligence** $7.0M · Dec 2024](https://millionrounds.com/company/proton-intelligence)

## Quick answers about Tenmile

### What does Tenmile invest in?

Tenmile invests most often at Seed and Series C (75% of the rounds on record), in sectors such as Health, Biotech and Pharma.

### How active is Tenmile?

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

### What has Tenmile invested in recently?

Its most recent investments on record: Skopos Bio (Seed, Oct 2026), AdvanCell (Series D, Jul 2026) and Proton Intelligence (Seed, Dec 2024).

### How big are Tenmile's cheques?

The median round it joins is $62M.

### Is Tenmile investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

### Who does Tenmile invest alongside?

Most often Abingworth (2 rounds together), Brandon Capital (2 rounds together) and Morningside Group (2 rounds together).

### What kind of investor is Tenmile?

Tenmile is a VC firm based in Perth, Australia.

### Where does this information on Tenmile come from?

From 5 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=tenmile) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=tenmile)
