Lighter Capital Secures $30M Fund from the Victorian Government to invest in Australian Tech Startups
Venture Growth Fund will see the state government co-investing with institutional investors to give high-growth, revenue-generating startups across all industries access to non-dilutive capital to expand their business and increase their workforce.
Lighter Capital & NAB: A Collaboration to Support Innovation for Australian Startups
Choosing the right long-term growth partners saves you time when you’re busy growing – and lays the foundation for your future growth and success. Reach your next milestone with our exclusive offer, tailored specifically to the needs of early stage Australian startups.
Flexible, Non-Dilutive Financing Solutions to Grow Your Startup
Get access to $50K - $1M AUD (or up to $4M USD) with the ability to mix-and-match based on your capital needs.
| Lighter Revenue-Based Financing | Lighter Term Loan | |
|---|---|---|
| Capital Needs | Growth Capital | Growth Capital |
| Common Use Cases | Immediate access to growth funding now and potential for additional funds as your company grows | Immediate access to growth funding now and pre-approval for additional funds |
| Funding Structure | Revenue-based loan that scales with your company’s performance. No fees. | Traditional small business loan with forward commitment.* No fees. |
| Repayment Schedule | Flexible payments based on your company’s ups and downs | Fixed payments to better manage costs |
| Equity Warrants | Not required | Not required |
| Personal Guarantees |
Not required | Not required |
| Board Seats | Not required | Not required |
| Funding Available | $50K - $1M AUD (or up to $4M USD in total capital funding, with the ability to mix and match fund structures based on needs | |
| Minimum Qualifications |
Tech companies (Software, SaaS, tech services, etc.) $15K MRR (average minimum) AUD Based in Australia or a subsidiary in Australia |
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Finding the Right Financing for Your Capital Needs
Looking to finance your startup? Learn about the different startup funding options available today, how to compare them, and assess your true cost of capital. Watch our Webinar on Demand or download the Playbook today.
Your Company. Your Terms.
Get revenue-based financing or term loans with pre-approval for a forward commitment. You decide how and where to spend it. Don’t just meet your next milestone – exceed it.
Is our funding a fit for you?
For tech companies only
Software, SaaS, tech services, etc.
You’re generating revenue
Your monthly recurring revenue (MRR) has averaged at least $15K on average
You’re in Australia.
Based in Australia or a subsidiary in Australia.
You don’t need to be profitable
We don’t require you to be profitable, but we do like to see a path to profitability.
You have customer diversity
You’re currently supplying your products or services to at least 10 clients.
Funding that scales
Funding that scales as your company grows. Follow-on rounds in as little as a week.
We Lead the Pack.
Lighter Capital is the largest provider of non-dilutive debt capital to early stage tech startups.
400+ Companies Funded
$200M Invested
700+ Rounds of Funding
Connect with our Investment Team.
Based in Australia, we can help you grow your tech company - your way.
“The U.S. venture capital firms we’re engaging with love our model and the success we’ve had in Australia and the UK. Demonstrating similar success in the US market is our last hurdle prior to our first institutional funding round. While we are on our way with UCLA as our first US client, the Lighter Capital funding will help us bridge through that transition. We’re thrilled that we’ve been able to secure the funding we need to fuel our US growth without diluting our existing shareholders. Lighter Capital not only brings friendly financing, but they provide valuable connections in both Australia and the U.S.”
“Lighter Capital opened up such a fast path to growth for Style Arcade, and the team has been awesome to work with. In the tech space where speed matters most, it’s having a seamless process and a strong partnership – that’s invaluable.”
“Lighter Capital helped us get the funding we needed at a critical time in our growth, allowing us to continue to aid schools around Australia with their everyday administrative tasks. Working with the team at Lighter Capital has been amazing. Our second round of non-dilutive funding was finalized within a week of the initial discussion.”
All currency on this page is listed in Australian Dollars and the amounts are subject to change without notice at the discretion of Lighter Capital.