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OneVentures is a venture capital firm headquartered in Sydney, Australia that provides human and investment capital into high growth companies with a particular focus on transformative technologies.

The firm is particularly focused on opportunities originating in Australia which are poised to expand into the established and emerging global markets.

All of our Partners have founded, built and exited high-growth businesses.

Our goal is to be the leading Australian venture capital company.

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About OneVentures

OneVentures invests in technology companies that serve or disrupt large high growth global markets. The firm has $140M in funds under management recently launching its new Innovation and Growth Fund II which is focused on growth and expansion stage technology companies.

OneVentures is managed by a team of Partners with a skill-set and track record ideally suited to collaboration with entrepreneurial management teams to foster growth and create value: a unique blend of highly successful entrepreneurs, technology business founders and corporate executives with a strong scientific pedigree, extensive off-shore experience and networks.

The OneVentures team is committed to deliver investor returns by applying this expertise to select portfolio companies with significant potential then accelerating their performance.


OneVentures Management Pty Ltd is a designate under OneVentures Nominees Pty Ltd's AFSL (Licence No: 462825) issued by the Australian Securities and Investments Commissions, authorising the Manager to provide such financial services as the Manager provides during the course of its duties as manager of the Fund.

The OneVentures Team

All Partners have many years of C-level, board and investment experience. Coupled with this is a track record of identifying investment opportunities in global markets with strong international business backgrounds and networks. The OneVentures Investment team has 7 technology related higher degrees.

Dr Michelle Deaker

Dr Michelle Deaker
Managing Director and CEO

Dr Paul Kelly

Dr Paul Kelly
Partner and Managing Director

Anne-Marie Birkill

Anne-Marie Birkill
General Partner and Executive Director

Melissa Widner

Melissa Widner
Venture Partner

Daniel Gammell

Daniel Gammell
Investment Manager

Dr Amir Zalcenstein

Dr Amir Zalcenstein
Investment Manager, Healthcare

Helen Liu

Helen Liu
Chief Financial Officer

Jelly Jakob

Jelly Jakob


Innovation Fund (Fund I)

The OneVentures Innovation Fund is a $40M venture capital fund formed as an early stage venture capital Limited Partnership. This Fund was launched in 2010 with the Commonwealth Government committing $20M from its IIF programme and this funding matched by high net-worth wholesale investors.

Innovation and Growth Fund (Fund II)

The OneVentures Innovation and Growth Fund was launched in March 2014 with a target of $100M and has reached first close of $60M as of October 2014. Fund II is an early stage venture capital limited partnership backed entirely by Australian high net-worth wholesale investors.

Focusing on later stage (Series B and beyond) investments while still maintaining some investment activity in the earlier stage investments, Fund II is now screening investment opportunities where the experience of the OneVentures management team can be leveraged to accelerate value creation and company success.

We are currently looking for truly transformative companies to join our portfolio of innovative companies, if you think your company has what it takes, read our Application for Funding page and submit your application now.

Information for stakeholders interested in the Significant Investment Visa (SIV) Programme

Information for stakeholders interested in the Significant Investment Visa Programme can be found here.

Investment Portfolio

OneVentures Innovation Fund (Fund I)

Other Investments

Latest News

  • OpenLearning and Smart Sparrow in edtech partnership

    by OneVentures Administrator | Sep 29, 2015

    Date: 27 Sep 2015

    Author: Tim Dodd
    Source: Financial Review

    wo successful Australian edtech start-ups, Open Learning and Smart Sparrow, have announced they will offer their separate products as one package to give educators access to more powerful course- building software.

    OpenLearning CEO Adam Brimo said that by offering Smart Sparrow with OpenLearning's platform students would get a "seamless learning environment".

    The partnership brings together two companies which have already gained a strong foothold in the rapidly changing field of educational software. OpenLearning has been adopted by Malaysian public universities to take their courses online and Smart Sparrow is making inroads into the highly competitive US market with its "adaptive learning" tools.

    Sparrow's adaptive approach means that learning software interacts with students, offering them different responses based on what they give back, resulting in a richer and more personalised learning experience. 

    Social Learning

    says that a drawcard for its software platform is its social learning capability, which encourages students to interact and learn from each other. The two companies believe the engagement with students generated in OpenLearning's social learning approach complements the more personalised bespoke approach of Smart Sparrow's adaptive learning.

    Smart Sparrow founder Dror Ben-Naim said his company's collaboration with Smart Sparrow would expand the options for educators.

    "When I learnt that some courses and universities have been using both Smart Sparrow and OpenLearning separately, we saw an opportunity to introduce our platform through OpenLearning to make it easier for educators to create their courses in the one environment," he said.

    The two companies said their collaboration would include combining their marketing and business development efforts.

    OpenLearning has been adopted by the Malaysian government as the platform for the country's public universities, to reach its goal of blending online learning with on- campus courses.

    Earlier  this month the country's 20 public universities launched 60 new massive open online courses (or MOOCs) on the OpenLearning platform, bringing the total to 64. Over 75,000 students from the 20 universities have enrolled in the MOOCs.

    The Malaysian government aims to teach 15 per cent of all public university courses online as MOOCs by the end of this year, rising to 30 per cent by 2020.  The courses are free and available to the public as well as enrolled university students.

    Both Smart Sparrow and OpenLearning originated in research work at UNSW where Mr Brimo and Dr Ben-Naim both studied. UNSW deputy vice-chancellor (education) Iain Martin said the university was "pleased and excited" about the collaboration. He said UNSW would work with both companies "as we roll out our own educational strategy in the coming months".

    The two companies launched separately in 2012, each targeting different parts of the growing online education sector.

    OpenLearning is a platform for creating and delivering online courses. Users, including educational institutions, can put their own branding on their courses, which are hosted in the cloud.

    Smart Sparrow's technology is more focused, concentrating on making the online educational experience interactive, and offers realistic online simulations that students can engage with.

Full story

Contact Us

For Entrepreneurs

We are now screening companies for OneVentures Fund II which is a Series A and beyond growth fund focusing on the technology sector. To qualify for funding, your company should meet the following criteria:

  • Australian domiciled company
  • We invest in technology companies from many sectors, but we are particularly interested in companies from the following sectors: healthcare, education, mobile, media, cloud computing and data, security and privacy, machine learning, software, sensors and robotics or food security
  • If a life sciences company, your product should have a strong proof of concept and be at a minimum, in a late stage clinical trial and/or well progressed through the regulatory process
  • If from another sector, your company should be generating sustainable revenue and have a strong market validation
  • Approaching profitability with capital required to fuel growth and global expansion

If you meet the above criteria, send us a brief document (a 2-page executive summary or introductory PowerPoint is sufficient, please do not send larger documents or full information memorandums at this stage) covering at a minimum the following points to

  • Summarize in 2 sentences what your company does (this is important)
  • Identify the market, value proposition and your competitive advantage
  • Tell us about your progress to date
  • State your revenue for the last financial year and projected revenue for current financial year
  • Indicate capital required and how it will be used
  • Include 3 point bios of each executive and contact details

We will review your proposal and endeavour to revert to you within 2 weeks. 


For Investors

Investor enquiries:

Information for stakeholders interested in the Significant Investment Visa (SIV) Programme

The Significant Investor Visa (SIV) programme was revised with the announcement in May 2015 of a new complying investment framework. The new framework mandated that SIV applicants would be required to invest a minimum of $500,000 at the at time of investment in an AusIndustry registered fund(s): that is, a VCLP, ESVCLP or an Australian VC fund-of-fund as registered under the Venture Capital Act 2002. The minimum amount is expected to be increased within two years as the market responds.

The Austrade website has more information regarding the programme available, including information sheets in English and Chinese.

The relevant regulations can be accessed here.

OneVentures is not at this time accepting new capital commitments and is therefore not in a position to receive funding from individual SIV applicants. When this situation changes we will provide details here and on the AVCAL website.

We are however receiving proposals from SIV Fund of Funds interested in becoming a OneVentures SIV partner for 2016 and beyond. If you represent a Fund of Funds and meet the following criteria we request you submit a brief proposal for our consideration.

Our criteria:

  • You should have a track record in servicing SIV applicants
  • You should have an established Australian AML/CTF KYC compliance framework that OneVentures can rely on in accepting SIV funding
  • You should be an AusIndustry compliant fund of funds structure – OneVentures will not accept direct investment from individual SIV applicants at this stage
  • You should have a fund of funds structure that can invest the capital for up to 10 years in line with our funding cycle

Your proposal should address those key criteria and provide information about:

  • The Directors
  • The Management Team
  • Your track record in providing SIV applicants with a return on investment
  • How you will ensure AML/CTF KYC compliance including details of any external providers that support this process
  • Details of any relevant reporting and financial operational requirements we should consider
  • Your ability to source capital and the % of SIV market you currently hold/expected quantum of capital you would be looking to deploy p.a. to VC

We plan to work with up to 3 such partners only and will determine the parties with whom we wish to progress discussions by December 2015.


General Enquiries

General enquiries:
Telephone: +61 2 8205 7379


OneVentures Pty Ltd
Suite 304, Level 3
1 Alfred Street
Sydney NSW 2000


c/- Interfinancial
Level 3, 145 Eagle Street
Brisbane QLD 4000


For Media Enquiries

For an interview with a OneVentures' spokesperson, please contact Honner Media at +61 2 8248 3744.