Taronga Group Fund II | 2023 VC Fund

Taronga Group

cb Email

Status

ACTIVE

Global HQ

Sydney, Australia

Countries of investment

Australia
United States
Canada
United Kingdom
Singapore
Finland

Investment stages

Seed
Series A
Series B

Industries

Proptech
built environment
real estate
sustainability
construction tech

About
Taronga Ventures is a Sydney-based venture capital firm focused on technology for real assets and the built environment. Their focus spans proptech, built environment, real estate, sustainability, and construction tech across Australia, United States, Canada, United Kingdom, Singapore, and Finland. The firm supports built-world founders from seed through Series B stages.

Min check size: $1M
Max check size: $5M
Fund size: Unlock
NPS: Unlock

Investment Thesis

Taronga Ventures is a seed to Series B stage venture capital firm deploying capital across proptech, built environment, real estate, sustainability, and construction tech sectors. They invest as backers of founders shaping the future of real assets and the built environment, connecting portfolio companies with institutional real-asset owners through the RealTechX program. The firm differentiates itself as Asia-Pacific's leading real estate technology investor, running a RealTech Ventures fund backed by global institutions including PGIM, CBRE, and APG and backing companies including CarbonCure and Ampd Energy.

Lead investor: Unlock
Co Invest: Unlock
Number of exits: Unlock
Preferred contact method: Unlock

Manager's Experience

Founded in 2015 by Jonathan Hannam (Co-Founder & Managing Partner; ex-Mirvac, ex-ADIA) and Avi Naidu (Co-Founder & Managing Director). Based in Sydney with a Singapore presence. Runs the RealTech Ventures fund (up to ~$65M) backed by PGIM, CBRE, APG, Patrizia, Dexus, and Ivanhoé Cambridge, plus the RealTechX accelerator. Portfolio includes CarbonCure, Ampd Energy, and AssetCool. The firm is Asia-Pacific's leading real estate technology investor.