AVFIII – Seed-Stage AI Venture Capital Fund Backing Australia’s Next Wave of Technology Companies
Aura Venture Fund III (AVF III) is Aura Ventures’ latest early-stage fund designed for investors looking to invest in AI, participate in AI venture capital in Australia, and gain early access to seed funding opportunities in AI-enabled startups.
Investment Strategy – Seed-Stage AI-Enabled, B2B Innovation:
AVF III targets seed-stage, AI-enabled B2B software companies with global scaling potential. The Fund expects to build a curated portfolio of approximately 25 innovative companies across multiple sectors, including AI, compliance tech, logistics and more.
Australia's tech ecosystem is expanding rapidly, driven by globally recognised success stories and a strong pipeline of AI-enabled and AI-native startups.
Post-ZIRP market conditions have created rational valuations, reduced noise, and a renewed focus on fundamentals. Aura Ventures believes that this environment may create favourable conditions for early-stage investing.
Access to AVF III is strictly limited. Follow the link for offer documentation and online application.
Australian Venture Capital – the AVFIII Opportunity
Targeting a portfolio return of 25% IRR by investing in high-quality innovation with high growth potential.
Flexible Capital Contributions. Capital is drawn on an as-needed basis through a capital call structure, allowing for efficient allocation while maintaining flexibility.
ESVCLP Tax Benefits Income and capital gains tax exemptions plus 10% tax offset on invested capital*
* In relation to eligible investments held within a registered ESVCLP. The Fund may hold ineligible investments through a separate trust structure that does not benefit from the same tax concessions. Stated tax benefits are not intended to and do not constitute tax advice; as such, recipients should consider obtaining their own independent investment advice having regard to their own circumstances before making any financial or investment decisions.
26
investments in early-stage companies
~A$60m
invested across all fund generations
~A$39m
already returned to investors
8
full or partial exits
Historic outcomes from previous Aura Venture funds include*:
- Gross MoIC of 3.0x (Fund Zero)
- Gross MoIC of 2.9x (Fund I)
- 2.1x TVPI on average
- 1.0x DPI on average
* Figures shown are averages across multiple Aura Ventures fund vintages. Past performance is not a reliable indicator of future performance.
Aura Ventures’ long-standing presence among venture capital firms in Australia has enabled us to support founders across sectors, including AI, SaaS, and emerging technologies.
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VC Australia Team, Top Quartile VC firm in the region1:
The venture team is made up of investors, operators and functional experts who are highly experienced in identifying, analysing, and executing attractive investment opportunities and driving successful exits.
As a top quartile VC firm, we attract the best entrepreneurs who seek a true partner to help build their vision.
Latest Updates
Read the latest industry insights and updates from Aura Ventures Team.
This information is issued by Aura Funds Management Pty Ltd (ABN 96 607 158 814, Authorised Representative No. 1233893 of Aura Capital Pty Ltd AFSL 366 230 | ABN 48 143 700 887). Aura Funds Management Pty Ltd is the Investment Manager of the Fund and a subsidiary of Aura Group.
This information is for accredited, qualified, institutional, wholesale or sophisticated investors only and is provided for information purposes only and does not constitute an offer or invitation for the subscription, purchase or transfer of interests in the Fund. The information is of a general nature only and has been provided without taking into account the investment objectives, financial situation or needs of any particular investor. Therefore, before acting on the information contained in this report you should seek professional advice and consider whether the information is appropriate in light of personal circumstances. Aura does not guarantee the performance of its funds, the repayment of any capital or any rate of return. Investing in any financial product is subject to investment risk including possible loss. An investment in the Fund should be regarded as speculative. All information including current or forecasted revenue or valuation information is subject to change and may include estimates or internal valuations. Past performance is not a reliable indicator of future performance. Information in this report is based on the information provided to Aura by third parties that may not have been verified. Aura believes that the information is reliable but does not guarantee its accuracy or completeness. While every care has been exercised in compiling the information contained in this presentation, Aura accepts no responsibility for any errors or omissions within it. Aura is not able to give tax advice and accordingly investors should obtain independent advice from an accountant and/or lawyer before making any decision based on the tax treatment of its investors.
You must read the Fund Fact Sheet, Information Memorandum, Partnership Deed and Trust Deed, which also set out the full fees and costs including additional charges for new investors after the Initial Closing Date of the Fund, and seek professional advice before making a decision to invest in any of the funds.