Organization · Venture Capital

Victorian Clean Technology Fund

The Victorian Clean Technology Fund (VCTF) is a government-backed venture capital fund based in Melbourne, Australia, focusing on early-stage clean technology enterprises. It aims to support the commercialization of innovative clean technologies that address environmental challenges.

Venture CapitalFunder

Overview

What Victorian Clean Technology Fund does

What Victorian Clean Technology Fund is

The Victorian Clean Technology Fund (VCTF) is a government-backed venture capital fund based in Melbourne, Australia, focusing on early-stage clean technology enterprises. It aims to support the commercialization of innovative clean technologies that address environmental challenges.

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
Venture Capital
Founded
Founded in 2003
Approximate age
About 23 years
Structured capabilities
Funder
Last reviewed
March 18, 2026

Official channels

Find Victorian Clean Technology Fund elsewhere

Open the official website or a supported primary organization account.

Capability profile

Victorian Clean Technology Fund as a funder

Investment thesis

The Victorian Clean Technology Fund focuses on supporting early-stage clean technology enterprises to foster innovation and achieve net zero emissions in Australia.

Focus narrative

VCTF invests in novel clean technologies, assisting in their commercialization. The fund typically invests up to $500,000 in initial funding, with potential for follow-on investments. It prioritizes companies incorporated in Australia that own or have exclusive licenses to their critical intellectual property, aiming to support businesses with strategies for sustainable differentiation and critical milestones.

Value beyond capital

VCTF provides not only financial support but also strategic guidance to portfolio companies, leveraging its expertise in clean technology to help them achieve critical milestones and sustainable differentiation in the market.

Terms and economics

Typical check
$500,000

Focus and fit

Stages
Pre-seed · Seed · Seed+
Sectors
Energy

Availability

Currently deploying
Yes

Portfolio and track record

Recorded portfolio count
9

Portfolio context

Notable portfolio companies include: Allume Energy: Provides hardware and software for multi-tenant energy distribution and billing of solar and battery power. Capricorn Power: Develops technology to transform waste heat into rotational energy for electricity generation with zero emissions. DNA Energy: Offers IoT solutions to optimize energy usage and production. Gane Energy: Focuses on clean fuel development, providing an industrial diesel fuel substitute with low emissions. HAMR Energy: Works on renewable methanol developments to address climate change. PVSTOP: Develops a fire retardant solution for solar cells. Savic Motorcycles: An electric vehicle company developing high-performance electric road bikes. Southern Green Gas: Pioneers Direct Air Capture technology for carbon neutrality. Synergen Met: Utilizes plasma torch technology for on-site production of sodium cyanide and destruction of toxic substances.

Common questions

What to know about Victorian Clean Technology Fund

Upseed classifies Victorian Clean Technology Fund under the Venture Capital organization type. Its current public profile includes funder capabilities.

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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

March 18, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

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