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 Smart Home

Ohmie Go

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

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.

Goldilocks Suit

Venture Round in 2022
Goldilocks Suit is a portable baby monitoring system that records feeding, breathing, temperature, and sleep via an app. Goldilocks Suit to help parents understand what their babies are feeling, to monitor things like breathing or temperature, and remove any doubts with all the information being tracked 24/7 via an easy to use App.

Rexergy

Seed Round in 2021
Rexergy specializes in developing remote control appliances aimed at optimizing energy systems. Utilizing advanced machine learning and high-resolution smart meter data, Rexergy's products analyze energy plans for customers and automatically switch between them. This functionality helps households and small businesses effectively reduce their energy bills by ensuring they are on the most cost-effective energy plan available.

Bharati Robotic Systems

Venture Round in 2020
Bharati Robotic Systems focuses on designing and manufacturing robotic solutions for various sectors, including service, defense, industrial, and agricultural applications. The company develops advanced robotic products and technologies, such as a fully autonomous industrial floor cleaning robot that can be operated via smartphone, enhancing operational efficiency for clients. By promoting the adoption of robotics, Bharati Robotic Systems aims to increase efficiency across industries and potentially transform market structures, contributing to a more robust economy and the creation of quality job opportunities.

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.

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.

Sirius Energy

Seed Round in 2018
Sirius Energy is a developer of a personal digital assistant focused on home energy management. The company offers a mobile platform that provides users with personalized and actionable insights to enhance their energy efficiency. Through an interactive and intuitive dashboard, Sirius Energy enables homeowners to monitor their energy usage effectively. Additionally, the platform supports energy retailers by facilitating customer engagement and demand response initiatives, making it easier for users to take control of their energy consumption in a rewarding and enjoyable manner.

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.

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.

Ohm Power

Seed Round in 2016
Ohm Power is an innovative company that addresses consumer skepticism towards traditional electricity providers by offering a platform for energy price comparison. The platform allows users to compare quotes for solar energy systems, battery storage, and various energy packages from local retailers, tailored to individual needs and financial situations. By utilizing data from smart meters, Ohm Power optimizes existing electricity systems, helping homeowners find cost-effective energy solutions. The company aims to empower consumers to make informed decisions about their energy usage and transition to renewable options, ensuring they receive the best value for 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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