First-round
access to
emerging founders.
Galileo Ventures Fund II gives qualified investors diversified exposure to Australia's most exceptional emerging founders — at the round larger funds pay up for later. We're the first institutional cheque; you're on the cap table from day zero.
Wholesale / sophisticated investors only. This page is a summary and not an offer.
& Seed
The case for
pre-seed, properly.
Fund II is for investors who want structural exposure to the earliest, most-asymmetric rounds — via a firm that has done this work since 2020.
We back founders before multi-stage funds are comfortable. Fund II gives you diversified exposure to that vintage — the round that larger funds will pay up for later.
Since 2020, our entire mandate has been exceptional emerging founders. This is not a side-bucket for a larger firm. It is the firm.
Australia's emerging-founder pipeline is under-capitalised at pre-seed, and under-covered by the larger AU and US funds. We are native here.
Three general partners, all former operators. You're backing humans who have sat on the founder side and know what actually helps.
San Francisco office gives portfolio companies a live channel into customers, capital, and talent from day one. Not a press release.
Ten-year closed-end fund. Reserves for follow-on. Structured for the timescale pre-seed actually takes.
Beyond Fund II, qualified LPs get access to direct co-investment alongside the fund and to SPVs for compelling opportunities inside the Galileo network — companies outside the fund's mandate, or rounds too late-stage for Fund II to lead. Optional, on demand.
What you're actually buying.
Standard structure, clear cheque band, disciplined portfolio construction. Full terms in the Fund II IM on request.
The opportunity is local.
The ambition is global.
Australia has produced an outsized share of globally significant software and deeptech companies per capita — Atlassian, Canva, Afterpay, Airwallex, SafetyCulture, Linktree. The pattern is clear.
What’s missing is a professionalised layer of pre-seed capital that backs the next generation before they’re legible to the larger multi-stage funds. That gap is the Galileo opportunity — and it is structurally resilient to the cycle.
With strong AU co-investor relationships and a live San Francisco arm, Galileo is built to compound returns across 10–12 years of Fund II's life.
Afterpay · Airwallex
· San Francisco
What Fund I is doing.
Fund I companies are scaling across Series A and B rounds with top-tier multi-stage partners. A few illustrative positions:
Full portfolio and current marks available under NDA in the Fund II data room.
Request the IM.
Fund II is open to wholesale and sophisticated investors. Reach out for the Fund II information memorandum, track record and references.