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Galileo Ventures is a pre-seed and seed-stage venture capital firm based in Australia that primarily invests in emerging global technology startups led by first-time founders. The firm typically provides initial capital ranging from A$200,000 to A$500,000 per company while offering hands-on operational support for go-to-market strategies and customer growth. Since its inception, the fund has backed 25 portfolio companies, with 80% of these early-stage startups successfully securing follow-on funding within twelve months of the initial investment. Over a four-year period, the firm's portfolio companies have collectively raised more than $100 million in total follow-on capital alongside leading venture capital co-investors. Notable early-stage investments within the firm's technology portfolio include artificial intelligence platform Relevance AI, robotics developer Andromeda, and ticketing marketplace Tixel. Galileo Ventures was officially established in 2020 by co-founders James Alexander and Hugh Stephens.
Key people at Galileo Ventures.
Galileo Ventures was founded in 2020 by James Alexander (Co-founder and Partner).
Galileo Ventures has 4 tracked investments across 3 companies. The latest tracked deal is $15.0M Series A in Relevance AI in December 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 1, 2023 | Relevance AI | $15.0M Series A | King River Capital | Balderton Capital, Blackbird Ventures Australia, Insight Partners, Picus Capital, Spider Capital, Webb Investment Network, George Mathew, Peak XV Partners (Sequoia Capital India) |
| Jun 1, 2022 | Lumi Interactive | $7.0M Seed | James Gwertzman | Andreessen Horowitz, Dune Ventures, Emily Greer, 1UP Ventures, Eric Seufert |
| Dec 1, 2021 | Relevance AI | $3.0M Seed | Insight Partners | Balderton Capital, Mick Liubinskas, Archangel Ventures |
| Oct 14, 2021 | Build AI | $1.9M Seed | — | Angus Kennard, Markus Preston, Stuart Ford, Marr Contracting, Total Constructions |
Key people at Galileo Ventures.