Fund profile / Australia

Virescent Ventures Fund II.

Geography: Australia
Stage: Pre-Seed
Fund size: $125M
Focus: AI/ML, Climate & Sustainability and SaaS
Signals: Published

N°01 / About

About Virescent Ventures Fund II.

Virescent Ventures Fund II. is a venture capital firm based in Australia, focusing on Pre-Seed stage investments. The fund actively supports founders building innovative solutions in AI/ML, Climate & Sustainability, SaaS, providing strategic guidance and capital to help startups scale.

N°02 / Thesis

Investment Focus

Location / RegionAustralia

Funding StagePre-Seed

Industry Focus

AI/ML

Climate & Sustainability

SaaS

Investor Signals Profile

active

Sweet Spot

Energy tech founders scaling AI-driven solutions in APAC

energy tech

AI for energy

grid intelligence

renewables

APAC

energy flexibility

storage optimization

battery tech

BESS

climate tech

net zero

resilient systems

Bullish Signals

Active APAC energy pitch competition partnerexternal

Focus: grid AI, renewables, predictive maintenanceexternal

ETC2026 KL — live deal flow pipelinelinkedin

Actively promoting AI energy startups Sep 2026linkedin

5,634 LinkedIn followers — growing communitylinkedin

Anomaly detection & load balancing in scopelinkedin

Portfolio: Gridcog raised $10M Series A Jan 2025linkedin

Active investor in energy flexibility & storagelinkedin

Strong LP network: ABB, Axpo, DNV, VERBUNDexternal

Relectrify AC1 BESS live in South Australialinkedin

Portfolio exit: Relectrify $25M ARENA co-funding securedlinkedin

Grid-certified battery tech (AS/NZS 4777, IEC)linkedin

20% lifetime energy improvement via CellSwitch techlinkedin

Hiring Investment Associate — aggressive deal flow scalinglinkedin

Sydney/Melbourne based — APAC focus deepeninglinkedin

Full investment lifecycle support for portfoliolinkedin

10-person core team: robust sector expertiselinkedin

IA closing deadline Sep 22 — urgent hiringlinkedin

Net-zero resilient future explicitly core missionlinkedin

Contrarian Signals

Narrow vertical — energy tech onlyexternal

Founder Do's

Build in energy tech or climate

Show APAC market traction

Leverage AI for energy systems

Apply to ETC Kuala Lumpur pitch (deadline Jul 13)

Target: forecasting, DSM, computer vision, predictive maintenance

Focus on grid flexibility & storage optimization

Model complex energy projects across multiple markets

Demonstrate real-world grid deployments & certifications

Pursue gov't co-funding (ARENA, green agencies)

Position for net-zero tech portfolios

Apply for IA role if ops/deal-oriented (deadline Sep 22)

Founder Don'ts

Avoid non-energy verticals

Don't ignore APAC angle

Don't miss July 13 ETC2026 application deadline

44 signals on Virescent Ventures Fund II.

19 bullish · 1 contrarian · 11 pitch do's · 3 don'ts · 10 GP profiles, each with its source. From €9/month, cancel anytime.

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Facts

Fund Overview

Fund Size$125M

Saves0

Website

People

Key People

Kristin Vaughan

Kristin VaughanPartner

Ben GustPartner

Blair PritchardPartner

Alex OppesPartner

Jonathon CroninPartner

Mathew VelcicPartner

Madison BentonTeam

Tess EnglundTeam

Carley GreliéTeam

Diane ConnorTeam

N°04 / See also

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