Artesian VC

Artesian VC is an alternative investment management company that specializes in early-stage venture capital, particularly in the clean energy sector. Established in 2004 after spinning out from ANZ Banking Group, the company has evolved to manage a range of specialized funds, with a focus on seed and follow-on investments in startups sourced from approved accelerators, incubators, and academic programs. Artesian's investment strategy emphasizes partnerships with leading organizations in the startup ecosystem, enabling it to identify and support high-potential ventures. With offices in Sydney, Melbourne, Shanghai, New York, London, and Singapore, the company has built a global presence and has successfully raised over AUD 255 million for its various funds. Additionally, Artesian has expanded its reach through initiatives like its China VC Fund and plans for a Southeast Asia VC Fund, underscoring its commitment to fostering innovation in diverse markets.

Matthew Clunies-Ross

Managing Partner

Luke Fay

Partner

Tim Heasley

Partner, COO

Felix Zhang

Partner

Past deals in Internet of Things

Ohmie Go

Seed Round in 2024
Ohmie Go is a provider of e-mobility solutions for buildings.

Zetifi

Series A in 2022
Zetifi is a wireless networking company that specializes in extending mobile broadband coverage for farms, vehicles, and machinery, particularly in rural and remote areas. The company focuses on developing solar-powered wireless network devices that offer reliable and high-speed connectivity. This technology is designed to address the connectivity challenges faced by individuals and businesses in less accessible locations, facilitating the adoption of advanced agricultural technologies at affordable prices.

On2cook

Seed Round in 2022
On2Cook is a company that has developed an innovative smart cooking device designed to enhance the cooking experience. This patented device uniquely combines induction, flame, and microwave cooking methods, allowing food to maintain its original color, texture, and nutrients. The technology aims to save time in the kitchen while providing optimal cooking results. Additionally, On2Cook offers an IoT-assisted application that facilitates automated cooking, enables users to connect with food delivery services, and allows for recipe sharing, making the cooking process more convenient and interactive for users.

Binary Tech

Seed Round in 2022
Binary Tech specializes in providing both off-the-shelf and customized solutions for businesses seeking timely and reliable information from field assets. The company focuses on the brewing industry with its innovative IoT platform, BinaryBeer, which enables breweries to manage their fleet of beer kegs effectively. This platform employs sensor technology to track the real-time location of kegs, monitor beer temperature and freshness, and enhance supply chain operations. By utilizing proprietary machine learning algorithms, Binary Tech offers valuable insights into warehouse, venue, and brewery performance, allowing breweries of all sizes to access accurate data that improves business operations and protects their reputation.

Binary Tech

Seed Round in 2022
Binary Tech specializes in providing both off-the-shelf and customized solutions for businesses seeking timely and reliable information from field assets. The company focuses on the brewing industry with its innovative IoT platform, BinaryBeer, which enables breweries to manage their fleet of beer kegs effectively. This platform employs sensor technology to track the real-time location of kegs, monitor beer temperature and freshness, and enhance supply chain operations. By utilizing proprietary machine learning algorithms, Binary Tech offers valuable insights into warehouse, venue, and brewery performance, allowing breweries of all sizes to access accurate data that improves business operations and protects their reputation.

HakkoBako

Venture Round in 2022
HakkoBako makes it easy for chefs to create standout flavors with a smart fermentation device that delivers consistent results. By using advanced thermodynamic technology fermenting everything from coffee, beer, bread, yoghurt, kombucha and miso has never been easier.

SenseGrass

Angel Round in 2021
SenseGrass, Inc. is a technology company based in Fremont, California, founded in 2017, that specializes in developing Internet of Things (IoT) devices and artificial intelligence software for agriculture. Its core offering is a soil intelligence platform that combines multispectral cameras, aerial drone sensors, and advanced AI algorithms to provide real-time analysis of soil health and nutrient management. The company's solutions cater to a wide range of agricultural stakeholders, including farming companies, landowners, crop insurers, and government departments. By utilizing technologies such as nano-satellite mapping and rover bots, SenseGrass enables farmers to monitor crop conditions, pest populations, and overall plant health. This approach promotes sustainable farming practices by helping to reduce chemical fertilizer use while increasing crop yields.

AgMesh

Venture Round in 2021
AgMesh focuses on enhancing livestock production through the development of advanced agricultural sensors. By utilizing Internet of Things (IoT) technology, these sensors streamline the deployment and capture of critical data for livestock producers. The sensors are designed to be integrated with existing systems and feature an inbuilt radio-frequency identification scanning system. This functionality allows for the monitoring of water levels, water quality, and individual animal performance. With AgMesh's solutions, farmers and managers can remotely oversee grazing animals and maintain real-time awareness of their farming operations, ultimately facilitating smarter farming practices.

EloCare

Venture Round in 2020
EloCare focuses on the development of connected healthcare devices aimed at enhancing chronic and aging care. The company creates wearable technology that offers continuous monitoring of health conditions and symptoms. By generating and regularly updating personalized health profiles based on biomarkers and self-assessments, EloCare's devices empower individuals, particularly women, to gain a deeper understanding of their health. This data-driven approach facilitates timely diagnosis and optimal treatment, ultimately improving overall health outcomes.

Zetifi

Venture Round in 2020
Zetifi is a wireless networking company that specializes in extending mobile broadband coverage for farms, vehicles, and machinery, particularly in rural and remote areas. The company focuses on developing solar-powered wireless network devices that offer reliable and high-speed connectivity. This technology is designed to address the connectivity challenges faced by individuals and businesses in less accessible locations, facilitating the adoption of advanced agricultural technologies at affordable prices.

Habibi Garden

Venture Round in 2020
Habibi Garden operates in the agricultural technology sector, focusing on enhancing farming practices through innovative solutions. The company manages agricultural land cultivated by various farmers, including those growing onions, beans, peppers, potatoes, melons, and chilies. It has developed an IoT-based plant care device equipped with real-time sensors that monitor light intensity, humidity, and plant nutrients. This technology assists farmers in analyzing their crops, ultimately aiming to boost productivity, lower operational costs, and minimize the risk of crop failure.

Eyedentify

Pre Seed Round in 2019
Eyedentify is an automotive IoT solutions company based in Hyderabad, India, established in 2016. The company specializes in providing vehicle security services aimed at enhancing safety for drivers and commuters. Eyedentify's offerings include fleet management, in-vehicle surveillance, driver monitoring, and analytics services that utilize face recognition and behavioral analysis. These intelligent features are designed to deter offenders and alert authorities in real-time during incidents, thereby addressing safety concerns associated with travel. By combining secure data storage both on-device and in the cloud, Eyedentify aims to deliver proactive security solutions to its clients.

Brinc

Pre Seed Round in 2019
Brinc is an accelerator firm founded in 2014 and headquartered in Hong Kong, with additional offices in countries such as Poland, China, Spain, Australia, India, and Bahrain. The firm specializes in supporting early-stage startups across diverse sectors, including blockchain technology, alternative protein, healthcare, agritech, clean technology, food technology, and the Internet of Things (IoT). Brinc operates 15 multidisciplinary accelerator programs in seven countries, aiming to foster innovation and create a more sustainable and equitable future. In addition to its accelerator initiatives, Brinc aids corporations in developing distributed innovation strategies and sourcing new technologies. The firm also collaborates with various organizations, including global corporations, government entities, and educational institutions, to enhance the quality of startups and facilitate follow-on investments within China's rapidly growing venture capital ecosystem.

Brinc

Pre Seed Round in 2019
Brinc is an accelerator firm founded in 2014 and headquartered in Hong Kong, with additional offices in countries such as Poland, China, Spain, Australia, India, and Bahrain. The firm specializes in supporting early-stage startups across diverse sectors, including blockchain technology, alternative protein, healthcare, agritech, clean technology, food technology, and the Internet of Things (IoT). Brinc operates 15 multidisciplinary accelerator programs in seven countries, aiming to foster innovation and create a more sustainable and equitable future. In addition to its accelerator initiatives, Brinc aids corporations in developing distributed innovation strategies and sourcing new technologies. The firm also collaborates with various organizations, including global corporations, government entities, and educational institutions, to enhance the quality of startups and facilitate follow-on investments within China's rapidly growing venture capital ecosystem.

Revsmart Technologies

Seed Round in 2019
Revsmart is developing a smart communication wearable and experience platform to help motorcycle riders access communication, navigation and music effectively using sound exciter technology. Founded in 2016, the company is backed by IIT Bombay and Intel under the Plugin program. The company is currently based in Hong Kong, backed by Brinc accelerator.

Blank!t

Pre Seed Round in 2019
We are a Tech Startup, based on a multidisciplinary team of engineers specialized in medical technology, IoT, and Data analysis. Using the latest innovations in technology, AI, Cloud, Edge computing 3D printing and IoT, we plan to disrupt medical technology. With this seamless technology, the patients can have better care and experience, and the medical professionals can have more time and use it to improve their services.

Volareo

Seed Round in 2018
Volareo is a company that develops a smart voice speaker designed to serve as a hub for decentralized music and commerce utilizing blockchain technology. This innovative speaker allows users to stream music, videos, and podcasts, as well as make calls and purchase cryptocurrencies. Volareo's platform promotes an open and decentralized ecosystem that supports creators, developers, and cryptocurrency enthusiasts, enabling seamless integration of voice commands with online shopping and the Internet of Things (IoT). The product was introduced at prominent events such as SXSW and the Dublin Tech Summit, garnering attention from influential media outlets.

Symbiot Technology

Seed Round in 2018
Symbiot Technology mission is to change and optimize the way they use energy in their homes. Leveraging both their own IoT devices and mainstream third party devices (such as Nest), they have developed a platform for automated energy optimisation. This integrated platform also enables more effective demand response programs for utilities. They believe that this optimisation can save 30% of current residential energy consumption.

Brinc

Venture Round in 2017
Brinc is an accelerator firm founded in 2014 and headquartered in Hong Kong, with additional offices in countries such as Poland, China, Spain, Australia, India, and Bahrain. The firm specializes in supporting early-stage startups across diverse sectors, including blockchain technology, alternative protein, healthcare, agritech, clean technology, food technology, and the Internet of Things (IoT). Brinc operates 15 multidisciplinary accelerator programs in seven countries, aiming to foster innovation and create a more sustainable and equitable future. In addition to its accelerator initiatives, Brinc aids corporations in developing distributed innovation strategies and sourcing new technologies. The firm also collaborates with various organizations, including global corporations, government entities, and educational institutions, to enhance the quality of startups and facilitate follow-on investments within China's rapidly growing venture capital ecosystem.

Thinxtra Pty Limited

Series B in 2017
Thinxtra Pty Limited is an Internet of Things (IoT) company based in Sydney, Australia, specializing in providing IoT solutions and services through its Sigfox technology. The company focuses on various applications, including asset tracking for recovering lost or stolen items, smart industry solutions to enhance manufacturing operations and real-time monitoring, and smart building systems for tracking equipment and securing assets. Thinxtra also addresses needs in smart utilities by monitoring water and wastewater networks, and offers home and business security solutions, including alarms and detection systems. Additionally, the company supports smart agriculture by connecting farmers to their fields, and enhances everyday living through remote monitoring services. Its product offerings include Xkit and Oyster, catering to diverse sectors such as e-health, smart insurance, and environmental monitoring. Founded in 2015, Thinxtra aims to improve business processes by connecting various elements within the IoT landscape.

M&S Biotics

Seed Round in 2017
M&S Biotics is a healthcare Internet of Things (IoT) company focused on improving a surgical procedure's efficiency, efficacy, and safety by implementing their Biotic Integration system. This company was born out of necessity to put patient care first while alleviating the strain healthcare institutions face rising costs, limited resources, and an uncertain regulatory landscape. The Biotic Integration system leverages our proprietary Radio-Frequency Identification (RFID) technology and artificial intelligence to automate surgical counting in the operating room while providing real-time data analytics concerning instrument utilization. Combined, this can lead to millions of dollars in costs savings while affording the ability to perform more surgeries per year driving revenue growth for hospitals.

SmartPeep

Seed Round in 2017
SmartPeep is an AI-based health technology company focused on reducing falls in hospitals and elderly care centers, addressing a significant global health issue that results in numerous fatalities and injuries each year. The company has developed an AI camera monitoring system that automatically alerts caregivers when high fall-risk patients attempt to get out of bed unassisted, are missing from their beds, or show signs of restlessness. SmartPeep operates on a hardware and software as a service model, charging no upfront costs and implementing a recurring licensing fee for each monitored bed. Initially targeting nursing homes in Singapore and Malaysia, the company aims to expand into East Asia, where the aging population presents a substantial market opportunity. With a serviceable market valued at approximately $8.52 billion, SmartPeep's technology not only aims to prevent falls but also has potential applications in disease detection and integration with wearable health devices. The company is supported by experienced professionals and accelerators, and it seeks to leverage AI to promote independent living for the elderly.

FarmApp

Seed Round in 2017
FarmApp, based in Colombia, specializes in developing mobile applications tailored for the agricultural production industry. The company aims to enhance food production management by integrating technology into farming practices. Its primary offering is an integrated pest management platform that assists growers in monitoring biological threats to their crops. This platform combines scouting and fumigation applications with sensors and Internet of Things (IoT) automation, allowing farmers to gather and analyze data from various technological modules. By providing these tools, FarmApp enables farmers to effectively track and manage the numerous factors that influence crop health and productivity.

Smart Foal

Seed Round in 2017
Smart Foal develops advanced horse monitoring devices that assist breeders in monitoring their mares through a web application. The company's products feature waterproof, stomp-proof, and rechargeable designs, equipped with a reliable foaling alarm system. This technology enables breeders to closely observe mares during the foaling process, thereby reducing the mortality rates of both foals and mares.

Iotag

Seed Round in 2017
Iotag is an IT company focused on improving operational performance in the agricultural sector through innovative IoT technology. It provides a tracking solutions platform specifically designed for pastoral farms, allowing farmers to monitor their cattle, including bulls and cows, over distances of 10 to 15 kilometers. The company's smart cattle ear tags automate the detection of important events related to breeding and health management, enabling farmers to respond promptly to illnesses and births. By leveraging this technology, Iotag aims to enhance the efficiency and profitability of cattle farming operations worldwide.

BioConnected

Seed Round in 2015
BioConnected is an innovative biometric technology company. We are specialists in integrated health and fitness biofeedback technology using validated earphone biometric optical sensors. Put simply, we manufacture state-of-the-art biometric earphones and develop the software to power this technology. The HR+ Biosensing Sports Earphones are embedded with miniaturized optical sensors that measure subtle changes in blood flow allowing for the measurement of heart rate. These sensors have been validated against ECG for heart rate accuracy and provide accurate measurement of heart rate under all movement conditions. In addition to manufacturing biometric earphones, we have also designed integrated smartphone software to communicate with the earphones. BioConnected measures more real-time exercise data than any other fitness monitor and with a level of accuracy, you can finally trust.

OutofBox Solutions

Seed Round in 2014
OutofBox Solutions specializes in leveraging technology to address challenges in areas with limited tech awareness. With a background in accessibility and assistive technology, the company is expanding into agricultural technology (AgTech) by utilizing Internet of Things (IoT) solutions enhanced by artificial intelligence. Their offerings include smart monitoring technology aimed at improving livestock health and well-being, as well as tools for identifying and managing feral animals. By focusing on smart-foot inspection, OutofBox Solutions helps farmers enhance productivity and achieve better returns on their investments.

Ninja Blocks

Seed Round in 2012
Ninja Blocks is the creator of the Ninja Sphere, the missing brain for your _smart_ devices. Ninja Sphere learns from your behaviour, identifies your preferences, and manages your devices so you don't have to. The Ninja Sphere incorporates a gesture interface and micro-location technology that accurately locates radios within the home. It is backwards compatible with the Ninja Block, a popular device and platform that supports 100s of third-party devices. Ninja's should be effective and invisible as should the interface to your home.
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