Organization · Government VC
LaunchVic
LaunchVic is Victoria's government-backed startup agency, focused on enhancing the local startup ecosystem through funding, education, and community engagement. It supports early-stage startups and runs various programs to foster innovation and entrepreneurship.
Overview
What LaunchVic does
What LaunchVic is
LaunchVic is Victoria's government-backed startup agency, focused on enhancing the local startup ecosystem through funding, education, and community engagement. It supports early-stage startups and runs various programs to foster innovation and entrepreneurship.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Government VC
- Founded
- Founded in 2016
- Approximate age
- About 10 years
- Structured capabilities
- Funder
- Last reviewed
- May 5, 2026
Official channels
Find LaunchVic elsewhere
Open the official website or a supported primary organization account.
Capability profile
LaunchVic as a funder
Investment thesis
LaunchVic exists to build the capability and confidence of Victorians to start, grow, invest in, or work for globally impactful tech startups. It funds accelerator programs, helps aspiring founders validate ideas, and provides pathways for investors to back high-potential Victorian startups.
Focus narrative
LaunchVic invests in early-stage startups across various sectors, including technology and innovation. It provides services such as funding through its dedicated funds, educational resources for investors, and support for startup programs. The organization emphasizes building a robust startup ecosystem primarily within Victoria, Australia.
Value beyond capital
LaunchVic provides significant value to portfolio companies through funding, educational resources, and access to a network of investors and industry experts. Its programs are designed to support startups at various stages of development, helping them scale and succeed in the competitive startup landscape.
Terms and economics
- Typical check
- $50,000–$300,000
- Sweet spot
- $200,000
Focus and fit
- Stages
- Pre-seed · Seed · Series A · Growth Equity
Availability
- Currently deploying
- Yes
Portfolio and track record
Portfolio context
Factor House: Tools for modern software engineers. Alt. Leather: Plant-based leather alternative startup. ReciMe: Social cooking app. HAL Systems: AI climate-control company. Kali Healthcare: Pregnancy-monitoring wearable and digital health platform. Telecare: Virtual clinic / HealthTech startup. AgriNous: Cloud livestock-management platform. The Leaf Protein Co: Alternative sustainable plant-protein company. PHNXX: Mobile microgrid / clean-energy startup. YieldX: AgTech yield-improvement technology company.
Common questions
What to know about LaunchVic
Upseed classifies LaunchVic under the Government VC organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 5, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.