# Invest Victoria Invest Victoria is a Government / Public Body based in Melbourne, Australia, Hong Kong. ## Overview - **Organization type:** Government / Public Body - **Headquarters:** Melbourne, Australia, Hong Kong - **Region:** Asia - **Address:** Hong Kong, Hong Kong - **Assets under management:** Undisclosed - **Website:** invest.vic.gov.au - **LinkedIn:** https://www.linkedin.com/company/invest-victoria ## Regulatory record - **Reports private funds:** No ## About Invest Victoria operates as the State of Victoria's dedicated investment attraction agency, housed within the Department of Jobs, Skills, Industry and Regions (DJSIR). CEO Danni Jarrett oversees a mandate that fuses traditional FDI facilitation with direct capital deployment. The agency runs two dedicated investment vehicles: the Victorian Equity Investment Attraction Fund (VEIAF) and the Venture Growth Fund (VGF), alongside its central partnership with Breakthrough Victoria, a A$2 billion innovation fund. This structure is uncommon — few Australian state agencies blend trade-office diplomacy with a checkbook. The agency's investment scope spans advanced manufacturing, digital health, clean energy, agri-food tech, and enterprise software. Deployment flows through multiple channels: direct co-investments alongside Breakthrough Victoria, the Venture Growth Fund's debt and equity instruments, and the Equity Attraction Fund, which underwrites anchor capital to draw external VCs into Victorian startups. The agency's global footprint extends across 15 international trade offices — from San Francisco and New York to Shanghai and Seoul — through the Victorian Government Trade and Investment (VGTI) network. Physical assets under Invest Victoria's investment facilitation remit include major urban precincts: Arden Precinct, Fishermans Bend, the Melbourne Connect Innovation Precinct, and Docklands. In a structural consolidation, Victoria's startup agency LaunchVic was integrated with Breakthrough Victoria and folded into Invest Victoria's 'Investment Front Door' strategy, centralizing the state's entire innovation-capital funnel under Jarrett's umbrella. The agency maintains deep institutional ties through the Victorian Chamber of Commerce and Industry and the World Chambers Federation. The DJSIR, as the parent department, ensures capital deployment remains aligned with state-level employment and economic-development targets. Invest Victoria's structural differentiator is its dual character: it acts as both a government investment authority and a venture-growth facilitator. The agency does not simply issue grants — it takes equity stakes and provides growth debt, then measures success by jobs created, precincts developed, and external capital attracted to Victorian companies. This model makes Invest Victoria a non-discretionary co-investment partner for any GP seeking an Australian operational anchor with government-aligned incentives. ## Sectors - Enterprise Software - AI/ML - ClimateTech - Energy Transition & Renewables - Digital Health - Advanced Manufacturing - AgriTech & FoodTech - Media & Entertainment - Education ## Offices - Melbourne, Australia - London, UK - New York, USA - San Francisco, USA - Tokyo, Japan - Seoul, South Korea - Shanghai, China ## People - Danni Jarrett — CEO ## Questions ### Who runs investment decisions at Invest Victoria? CEO Danni Jarrett leads Invest Victoria's overall strategy, but deployment decisions for the A$2 billion Breakthrough Victoria fund and the Venture Growth Fund involve separate investment committees with state government representation. The agency's mandate ties capital allocation directly to the Victorian Government's economic development priorities. ### How does Invest Victoria source deal flow? Invest Victoria sources through its global VGTI trade offices, direct outreach to foreign companies considering Australian market entry, and referrals from LaunchVic and other state agencies. The Investment Front Door strategy centralizes these channels, making the agency the single point of entry for international GPs and corporations. ### Does Invest Victoria participate in fund commitments or only direct investments? Both. The Victorian Equity Investment Attraction Fund co-invests directly to anchor external VC rounds in Victorian startups, while the Venture Growth Fund provides debt and equity directly to high-growth companies. Breakthrough Victoria can also participate as a fund LP. ### Which sectors does Invest Victoria explicitly target? Priority sectors include advanced manufacturing, digital health, clean energy and renewables, agri-food tech, enterprise software, and media/entertainment. Investment must align with one of Victoria's designated precincts or innovation clusters, such as the Arden Precinct, Fishermans Bend, or the Melbourne Connect Innovation Precinct. ### How is Invest Victoria related to Breakthrough Victoria? Breakthrough Victoria is a A$2 billion investment fund that operates as a core business partner to Invest Victoria. Both entities sit under the same DJSIR governance umbrella, and LaunchVic has now been consolidated with Breakthrough Victoria under the Invest Victoria Investment Front Door framework, creating a centralized innovation-investment funnel. ### What is Invest Victoria's posture on co-investments alongside external GPs? Invest Victoria actively seeks co-investment partnerships. The Equity Attraction Fund is designed to anchor rounds led by external GPs, and the VGTI global office network exists to facilitate introductions. The agency expects co-investors to commit to a Victorian operational presence or significant local job creation. ## Related profiles - [Invest-NL](https://altss.com/profile/invest-nl) - [Investable Wealth](https://altss.com/profile/investable-wealth) --- Last updated: 2026-07-08T22:09:30.525Z Canonical page: https://altss.com/profile/invest-victoria Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology