Updated:
SYD Ventures
SYD Ventures was established in 2012 by Andrey Shirben, an Australian-Israeli serial entrepreneur who previously founded and exited multiple technology...
SYD Ventures
SYD Ventures was established in 2012 by Andrey Shirben, an Australian-Israeli serial entrepreneur who previously founded and exited multiple technology companies. The firm operates from Sydney and reflects Shirben's own operator experience, blending seed-stage investing with active support for founders. Yifat Shirben, a graduate of the Australian Institute of Company Directors, serves as Partner and CMO and manages the firm's brand and portfolio-company marketing capabilities. Strategy centers on early-stage equity across enterprise software, fintech, digital health, and energy transition. SYD Ventures leads or co-leads pre-seed and seed rounds, typically with initial checks between $200,000 and $750,000, and reserves capital for follow-on participation through Series A. The firm's co-investment vehicle, Follow[the]Seed, a venture fund also co-founded by Andrey Shirben, provides additional institutional firepower for breakout portfolio companies. A separate vehicle, Gravity Capital, focuses on crypto and decentralized finance research. Shirben's role as an active Sydney Angels member generates proprietary top-of-funnel deal flow from Australia's early-stage ecosystem. Deployment spans Australia, the United States, Israel, and Southeast Asia. The firm has backed over 40 startups since inception. Portfolio exposure includes a combination of direct equity positions, syndicate deals through Sydney Angels, and select token investments via Gravity Capital. The dual structure — an operator-led venture firm alongside a dedicated follow-on fund — remains uncommon among Australian seed-stage investors. In 2024, the firm expanded its digital-asset research through Gravity Capital, signaling a structured rather than opportunistic posture toward Web3 infrastructure and decentralized finance protocols. SYD Ventures distinguishes itself through a capital structure that separates seed-stage optionality from concentrated follow-on conviction. Where most early-stage Australian firms either raise a single fund or operate as angel syndicates, Shirben runs both: a broad-opportunity seed vehicle for initial discovery and a thematic follow-on fund for compound deployment. This architecture lets the firm preserve exposure to its strongest performers without diluting its early-stage funnel. The husband-and-wife leadership team manages the strategy from its Bellevue Hill office, with Yifat Shirben's AICD governance training informing the firm's board-level engagement with portfolio companies.
General information
Firm type
Venture Capital
Year founded
2012
Location
Region
Oceania
Country
Australia
City
Sydney
Corporate office
152/177 Bellevue Road, Bellevue Hill NSW 2023, Australia
Principals
Andrey Shirben
Founder
Yifat Shirben
Partner & CMO
Sector focus
Frequently asked questions
Who runs investment decisions at SYD Ventures?
Andrey Shirben, the firm's founder, leads investment decisions. A serial entrepreneur with multiple exits, Shirben chairs the firm's investment committee. His wife and partner, Yifat Shirben, contributes to portfolio company marketing and governance through her AICD training. The firm does not publicly disclose additional investment committee members.
How does SYD Ventures source proprietary deal flow?
SYD Ventures sources primarily through Andrey Shirben's active membership in Sydney Angels, one of Australia's largest angel investment networks. The firm also draws referrals from Shirben's network of Australian and Israeli founders formed during his own startup career. The Follow[the]Seed fund and Gravity Capital partnership extend sourcing into international co-investor circles across the US and Southeast Asia.
How is SYD Ventures related to Follow[the]Seed and Gravity Capital?
Follow[the]Seed is a venture capital fund co-founded by Andrey Shirben that operates alongside SYD Ventures, providing a formal follow-on vehicle for breakout portfolio companies. Gravity Capital is a separate cryptocurrency research and investment partnership also linked to Shirben. Together, the three entities form a tiered capital structure: SYD Ventures for initial discovery, Follow[the]Seed for concentrated follow-on deployment, and Gravity Capital for digital-asset strategy.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on venture capital firms?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: