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Investors / Australia / Tenacious Ventures

Tenacious Ventures

Venture capital · Australia · Asia Pacific

tenacious.venturesTakes pitches from founders

Tenacious Ventures is an Australian venture firm that invests in early-stage startups building the agri-food system of tomorrow. It also provides research and advisory services informed by its sector-specific knowledge, and publishes insights and a podcast on agri-food innovation.

Invests inAI & Machine LearningHealthcare & Biotech

In its own wordsagtechagri-foodfood systemsagricultureimpactearly-stage

Your fit with Tenacious Ventures

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10portfolio companies
2funding rounds on record2 led
1rounds, last 12 months
$5M to $20Mtypical round it comes in at
Seedmost frequent entry
ESVCLP registered with capitallatest fund2024

Tenacious Ventures lists 10 checked portfolio companies on its own site and is named in 2 funding rounds, 2 of them as lead. Its most frequent entry is Seed, 100% of the companies with a known first round. Its largest themes are AI & Machine Learning (60%), Healthcare & Biotech (15%) and Space & Defense (10%). 83% of its companies are based in Australia. It invests most often alongside AgFunder, AgriZeroNZ and Airtree.

Counts come from funding rounds that name Tenacious Ventures, complete from mid-2025: earlier rounds appear only when they were reported later. Round amounts and full round histories are on Fundup AI.

Round figures show recent activity, not Tenacious Ventures' whole history. Rounds on record name 2 companies; its own site lists 10. Funding rounds are complete from mid-2025, so counts and the yearly trend undercount a firm that invested before then. The portfolio, themes and places come from its own site and are not affected.

Entry stage

share of companies by the stage of its first round
Show as a table
Share of companies by the stage of the firm's first round
Value
Pre-seed0%
Seed100%
Series A0%
Series B0%
Growth0%

Activity by year

rounds it joined, last 10 years
Show as a table
Funding rounds per year
TotalRounds it led
'1700
'1800
'1900
'2000
'2100
'2200
'2300
'2400
'2511
'2611

Investor profile

percentile among all firms
Portfolio size: 10 companiesRecent activity: 1 rounds in 12 monthsEarly stage: 100% of entries at pre-seed or seedEvidence: 20% of companies confirmed by a roundSector focus: 60% in its largest sectorReach: 2 countriesPortfolio size23th pctRecent activity59th pctEarly stage100th pctEvidence92th pctSector focus89th pctReach42th pct
This firmMedian of all firms
Show as a table
Tenacious Ventures compared with all firms
MeasurePercentile of all firmsValue
Portfolio size23th10 companies
Recent activity59th1 rounds in 12 months
Early stage100th100% of entries at pre-seed or seed
Evidence92th20% of companies confirmed by a round
Sector focus89th60% in its largest sector
Reach42th2 countries

Invests most often with

firms sharing its portfolio companies
Show as a table
Co-investors
Share
AgFunder1
AgriZeroNZ1
Airtree1
Better Bite Ventures1
Blackbird1
Breakthrough Victoria1
British International Investment1
Cavallo Ventures1

All co-investors

Its portfolio companies

where they are based, and what their own sites show

Headquarters

Site status

  • Site answers10100%
  • No longer answers00%
  • Points to another company00%
  • Parked or sold domain00%

A site that stops answering three checks in a row is counted as no longer answering; that is not proof of closure. A site that points to another company is often an acquisition.

Investment themes

share of its checked companies

This firmAll checked companies

Show as a table
Investment themes
This firmAll checked companies
AI & Machine Learning60%18%
Healthcare & Biotech15%15%
Space & Defense10%3%
Food & Agriculture10%3%
Education5%7%

Compare Tenacious Ventures head to head

portfolio size, rounds, entry stages, themes and the companies both back

Three or more firms at once: portfolio overlap.

Funds

from public registers and its site
Tenacious Ventures Fund II, LP2024 · ESVCLP registered with capital, business.gov.au
Tenacious Ventures Fund I, LP2021 · ESVCLP registered with capital, business.gov.au

Recent portfolio activity

when companies last raised with Tenacious Ventures
DateCompanyStage
20 Feb 2026Agovoragovor.comSeed Led
31 Oct 2025Nbryonbryo.comSeed Led

Round details for Tenacious Ventures

Amounts, full round histories and every co-investor in Tenacious Ventures' rounds are on Fundup AI. VCinfo covers investors and their portfolios.

See rounds on Fundup AI →

Portfolio

10 companies checked against their own sites
CompanyWhat it doesThemesFirst round with itEvidence
Agovoragovor.com · New ZealandAgovor designs and manufactures electric tractors and autonomous towing machines for agricultural use
AI & Machine LearningAI & Machine Learning
Feb 2026SeedPage + round
Azaneoazaneo.au · AustraliaAzaneo develops technology for pulsed electric field weed control
AI & Machine LearningAI & Machine Learning
Portfolio page
Cecilcecil.earthCecil provides a spatial datasets API for environmental, social, and governance (ESG) analytics and nature risk assessments
EducationHealthcare & Biotech
Portfolio page
Earthodicearthodic.comEarthodic develops and produces bio-based coatings for paper packaging to make it recyclable and water-resistant.
Space & DefenseSpace & Defense
Portfolio page
Jupiter Ionicsjupiterionics.com · AustraliaJupiter Ionics commercialises electrochemical technology for producing green ammonia for various industries
AI & Machine LearningAI & Machine Learning
Portfolio page
Nbryonbryo.com · AustraliaNbryo develops and commercialises a platform of technologies for genetic improvement in cattle breeding through in vitro production of embryos
AI & Machine LearningAI & Machine Learning
Oct 2025SeedPage + round
Phyllomephyllome.comPhyllome grows and manufactures plant-based functional foods enriched with therapeutic peptides grown directly inside the plant
Food & AgricultureHealthcare & Biotech
Portfolio page
Regrowregrow.agRegrow provides a platform for agriculture resilience and sustainability, offering tools for tracking progress and analyzing environmental outcomes.
AI & Machine LearningAI & Machine Learning
Portfolio page
SwarmFarm Roboticsswarmfarm.com · AustraliaThe company creates robotic solutions for agriculture
AI & Machine LearningAI & Machine Learning
Portfolio page
Vowvowfood.com · AustraliaVow creates food products made from cultured meat.
Food & AgricultureHealthcare & Biotech
Portfolio page

About this data

site last read 5 Nov 2026
The homepage of Tenacious Ventures, as last read
tenacious.ventures as VCinfo last read it
Site
tenacious.ventures
Last read
5 Nov 2026
Watching since
5 Nov 2026
Rounds since
31 Oct 2025
Companies checked
10

Rates come from what VCinfo has observed since observation_start. Firms tend to remove companies that closed, so early rates understate reality. A company leaving a portfolio page does not mean it closed or exited. An unreachable site means our checks failed, nothing more.

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