# Neo Technology Ventures

Neo Technology Ventures is a Venture Capital based in Sydney, Australia.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Sydney, Australia
- **Region:** Oceania
- **Address:** Sydney, NSW, Australia
- **Founded:** 2000
- **Assets under management:** Undisclosed
- **Website:** ntventures.com

## Regulatory record

- **Reports private funds:** No

## About

Neo Technology Ventures is an Australian venture capital firm focused on internet, digital media, communications and clean technology sectors. The firm has made 14 investments since its inception. Its portfolio includes RNAissance Ag, invested in on June 19, 2020, and Last Yard, exited on April 04, 2023.

## Sectors

- Enterprise Software
- AI/ML
- Cybersecurity
- Industrial Tech
- AgriTech & FoodTech
- ClimateTech
- FinTech

## People

- Matthew Macfarlane — Managing Director
- James Ryssenbeek — Managing Director

## Questions

### Who makes investment decisions at Neo Technology Ventures?

Matthew Macfarlane and James Ryssenbeek, Neo's co-founding Managing Directors, have led the firm since 2000 and remain the key decision-makers on investment committee matters. They are supported by a small team of investment professionals and venture partners.

### Which geographies does Neo Technology Ventures target?

Neo invests primarily in Australia and New Zealand. The firm has selectively backed companies in those regions with go-to-market strategies that target North America and the Asia-Pacific, but it does not maintain a dedicated US investment mandate.

### What was Neo Technology Ventures' most notable exit?

Neo backed Aconex, an Australian construction collaboration software company, through multiple funding rounds. Aconex was acquired by Oracle in 2018 for approximately A$1.6 billion, marking one of the largest exits for an Australian venture-backed enterprise software company.

### Who are Neo Technology Ventures' limited partners?

Australian superannuation funds including Hostplus and Telstra Super have committed capital to Neo's funds. The firm raised its fourth fund with a target around A$100 million, reflecting ongoing institutional support since its early funds.

### What sectors does Neo Technology Ventures actively avoid?

Neo has not historically made significant allocations to consumer internet, e-commerce, gaming, or biotech. The firm concentrates on enterprise and deeptech categories where founders have technical backgrounds and where IP moats are observable in early diligence.

### How does Neo Technology Ventures source its proprietary deal flow?

Macfarlane and Ryssenbeek have cultivated relationships across Australian research universities, technical founder networks, and the local venture ecosystem over more than two decades in operation. The firm does not operate a companion accelerator, relying instead on direct sourcing from these networks and from its existing portfolio.

## Related profiles

- [NeSBIC Group](https://altss.com/profile/nesbic-group)
- [NES Partners](https://altss.com/profile/nes-partners)

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Last updated: 2026-06-03T20:00:00.000Z

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