Carthona Capital

Carthona Capital is a hands-on, proactive, and thematic venture capital investor based in Sydney, Australia that invests globally. The firm likes to invest very early — typically at the Pre-Seed, Seed, or Series A stages — and then follows on strongly, continuing to deploy larger amounts of capital as the business matures (in one instance participating in eight independent financing rounds for a single company). Carthona's strategy is highly thematic: the team does deep internal analysis of where the world is heading and how technology will affect it, identifies major trends and themes, and then actively seeks out relevant opportunities. Sectors of particular interest include enterprise applications, fintech, AI/ML, climatetech, vertical SaaS, Web3, and consumer technology. With approximately $360 million AUD in funds under management across three funds — sourced from institutional superannuation funds, family offices, and high-net-worth investors — Carthona is committed to being an extremely hands-on partner to founders, often described as the closest thing to a co-founder.