# Investors based in Adelaide (2026 list)

> 52 investors based in Adelaide, 8% active in the last 12 months. Led by Acumen Ventures, Beyond Digital Media, Fusion Capital. Ranked by what they funded.

Source: https://millionrounds.com/lists/investors-based-in-adelaide (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Investors based in Adelaide

Updated 7 November 2026

Firms with an address in Adelaide. A head office is a fact about the firm; where it invests is on its own page.

[See all 52 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-adelaide)The top 25

**52** investors on the list No change this week

**4** cheques in 12 months Too few cheques to tell

**$5.4M** median round they joined *-32%* against the market median

**8%** wrote a cheque in 12 months

**0%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (4)

- 1 [Acumen Ventures](https://millionrounds.com/fund/acumen-ventures) quiet VC firm · Australia **2** **$3.8M** median round **Sept 2013** last seen
- 2 [Beyond Digital Media](https://millionrounds.com/fund/beyond-digital-media) quiet Investment firm · Australia **2** **$5.4M** median round **Jan 2014** last seen
- 3 [Fusion Capital](https://millionrounds.com/fund/fusion-capital) quiet Private equity · Australia **2** **$6M** median round **Dec 2001** last seen
- 4 [Centre for Innovation](https://millionrounds.com/fund/centre-for-innovation) quiet Growth equity · Australia **2** **$200K** median round **Jan 2014** last seen
- 5 [Eastend Ventures](https://millionrounds.com/fund/east-end-ventures) quiet VC firm · Australia **1** **$1.5M** median round **May 2025** last seen
- 6 [Funds SA](https://millionrounds.com/fund/funds-sa) *Deploying now* Institutional LP · Australia **1** **$217M** median round **Jan 2026** last seen
- 7 [Recode Ventures](https://millionrounds.com/fund/recode-ventures) *Deploying now* VC firm · Australia **1** **$47M** median round **Oct 2026** last seen
- 8 [South Australian Venture Capital Fund](https://millionrounds.com/fund/south-australian-venture-capital-fund) *Deploying now* VC firm · Australia **1** **$6M** median round **Dec 2025** last seen
- 9 [Southern Angels](https://millionrounds.com/fund/southern-angels) *Deploying now* Angel network · Australia **1** **$2.3M** median round **Nov 2025** last seen
- 10 [AFUW (SA) Inc. Trust Fund](https://millionrounds.com/fund/afuw-sa-inc-trust-fund) unknown Investment firm · Australia **none observed** **-** median round **-** last seen
- 11 [Adelaide Mbale Children's Health Fund](https://millionrounds.com/fund/adelaide-mbale-children-s-health-fund) unknown Investment firm · Australia **none observed** **-** median round **-** last seen
- 12 [Adelaide Student Managed Fund](https://millionrounds.com/fund/adelaide-student-managed-fund) unknown Investment firm · Australia **none observed** **-** median round **-** last seen
- 13 [Angas Prime](https://millionrounds.com/fund/angas-prime) unknown Angel · Australia **none observed** **-** median round **-** last seen
- 14 [Austar Equity](https://millionrounds.com/fund/austar-equity) unknown Investment firm · Australia **none observed** **-** median round **-** last seen
- 15 [Beyond Bank](https://millionrounds.com/fund/beyond-bank) unknown Investment firm · Australia **none observed** **-** median round **-** last seen
- 16 [Bridgemill Ventures](https://millionrounds.com/fund/bridgemill-ventures) unknown Family office · Australia **none observed** **-** median round **-** last seen
- 17 [Comedy Capers Gang Show Development Fund](https://millionrounds.com/fund/comedy-capers-gang-show-development-fund) unknown Investment firm · Australia **none observed** **-** median round **-** last seen
- 18 [Conveyancing Matters](https://millionrounds.com/fund/conveyancing-matters) unknown Investment firm · Australia **none observed** **-** median round **-** last seen
- 19 [Craft Capital](https://millionrounds.com/fund/craft-capital-2) unknown Investment firm · Australia **none observed** **-** median round **-** last seen
- 20 [Early Adopters Hub](https://millionrounds.com/fund/early-adopters-hub) unknown Angel network · Australia **none observed** **-** median round **-** last seen
- 21 [Every Capital PTY](https://millionrounds.com/fund/every-capital-pty) unknown Australia **none observed** **-** median round **-** last seen
- 22 [Fundsec Pty Ltd](https://millionrounds.com/fund/fundsec-pty-ltd) unknown Private credit · Australia **none observed** **-** median round **-** last seen
- 23 [Gestor Consulting](https://millionrounds.com/fund/gestor-consulting) unknown Investment firm · Australia **none observed** **-** median round **-** last seen
- 24 [Grow Fit Fund](https://millionrounds.com/fund/grow-fit-fund) unknown Investment firm · Australia **none observed** **-** median round **-** last seen
- 25 [H.U. Group](https://millionrounds.com/fund/h-u-group) unknown Investment firm · Australia **none observed** **-** median round **-** last seen

**27 more on this list**

All 52 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-adelaide)

## The Newest Cheques

Rounds this list's investors joined most recently

- **7** Oct **[Sensible Biotechnologies](https://millionrounds.com/company/sensible-biotechnologies)** Series A · $47M *With* [Recode Ventures](https://millionrounds.com/fund/recode-ventures)
- **23** Jan **[Gilmour Space Technologies](https://millionrounds.com/company/gilmour-space-technologies)** Growth · $217M *With* [Funds SA](https://millionrounds.com/fund/funds-sa)
- **17** Dec **[Ferronova](https://millionrounds.com/company/ferronova)** Series A · $6M *With* [South Australian Venture Capital Fund](https://millionrounds.com/fund/south-australian-venture-capital-fund)
- **13** Nov **[Keeyu](https://millionrounds.com/company/keeyu)** Pre-seed · $2.3M *With* [Southern Angels](https://millionrounds.com/fund/southern-angels)
- **30** May **[Heatseeker](https://millionrounds.com/company/heatseeker)** Pre-seed · $1.5M *With* [Eastend Ventures](https://millionrounds.com/fund/east-end-ventures)

## Stages This Year

4 rounds

- Series A **50%**
- Growth **25%**
- Pre-seed **25%**

## What They Backed

Sectors, last 12 months

- Biotech **2**
- Healthcare **2**
- Defence Tech **1**
- E-commerce **1**
- Logistics **1**
- AI **1**

## Cheques by Quarter

Led Joined

Q1 25

1 Q2 25

Q3 25

2 Q4 25

1 Q1 26

Q2 26

Q3 26

1 Q4 26

The last bar is the quarter still running.

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[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about investors based in Adelaide

### Who are the most active investors based in Adelaide?

By cheques observed, the most active are Acumen Ventures, Beyond Digital Media, Fusion Capital, Centre for Innovation and Eastend Ventures.

### How many investors based in Adelaide are there?

52 are on record. 8% made an investment in the last 12 months.

### Which stages do investors based in Adelaide back?

Of the rounds with a named stage in the last 12 months, mostly Series A (50%) and Growth (25%).

### How big are the rounds investors based in Adelaide join?

The typical (median) round among the leading investors here is $5.4M.

### Which sectors do investors based in Adelaide back most?

In the last 12 months, mostly Biotech, Healthcare and Defence Tech.

### What have investors based in Adelaide invested in recently?

Recent rounds include Sensible Biotechnologies (Series A, Oct 2026, with Recode Ventures), Gilmour Space Technologies (Growth, Jan 2026, with Funds SA) and Ferronova (Series A, Dec 2025, with South Australian Venture Capital Fund).

### How is this list of investors based in Adelaide ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

### Can I see all 52 investors based in Adelaide?

The top 25 are here. All 52 are in the app, with filters for stage, sector, market and cheque size. A free account shows 10 per search, Pro up to 1,000.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)