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

Tim Heasley

Partner and COO

Felix Zhang

Partner

Past deals in Project Management

Sitemate

Seed Round in 2023
Sitemate is a software company that offers a no-code SaaS platform, Dashpivot, designed to streamline project workflows, asset management, and field data capture. The platform enables organizations to digitize and organize how they capture, track, and manage work for projects and teams both on site and in the office, with a user-friendly interface that minimizes bulky document repositories. It provides integrated tools for project management, asset tracking, and field data capture, helping companies improve efficiency, reduce errors, and gain real-time insights into operations.

5B Australia

Series B in 2022
5B Australia Pty Ltd, founded in 2013 by solar engineers Chris McGrath and Eden Tehan, specializes in the engineering, procurement, and construction of large-scale solar farms. Based in Alexandria, Australia, the company has developed an innovative prefabricated solar array technology known as MAVERICK, which allows for rapid deployment and installation by small teams. This accordion-style design revolutionizes traditional solar farm construction by enabling a shift from unpredictable field environments to controlled factory settings, enhancing efficiency and quality control while reducing risks. 5B's commitment to innovation has led it to shape the future of clean energy and make it more accessible and competitive globally. The company has worked on over 140 projects worldwide, focusing on transforming the solar supply chain and supporting a global transition to sustainable power solutions. The name "5B" reflects the vast energy potential of the planet, emphasizing the need to harness solar power efficiently. As it continues to expand its partnerships and project deployments, 5B aims to provide the fastest, safest, and most cost-effective solar array solutions for its customers.

FlyFreely

Seed Round in 2022
FlyFreely is a company that specializes in providing comprehensive drone services. They offer a platform designed to enhance the efficiency of commercial drone operations by streamlining and automating various phases of a mission, including planning, approval, execution, and reconciliation. The platform provides customization options and maintains oversight and control over all operations, helping drone operators reduce risks such as accidents or fines. FlyFreely's services include operational oversight, compliance automation, setup, support, and migration features, with customer inquiries handled through online applications.

Varicon

Seed Round in 2022
Varicon is a developer of civil construction cost management software tailored to address the significant cost management challenges faced by the construction industry. The company's platform offers a suite of features, including cost forecasting, claims management, job cost tracking, and document management. By facilitating effective communication between site personnel and office staff, Varicon aims to provide senior management with real-time insights into project costs. This integration of various cost information sources helps civil construction contractors mitigate financial risks and maintain tighter control over budgets, ultimately preventing projects from exceeding their financial limits.

Mastt

Series A in 2022
Mastt is a cloud-based SaaS product for the construction industry, empowering Project Owners, Managers, and Representatives with fast, efficient reporting tools. It streamlines contract management and payments, enabling users to focus on project delivery while ensuring sustainability and efficiency in urban growth.

Publicist

Seed Round in 2021
Publicist operates an online marketplace that connects brands with pre-vetted marketing and communications talent on demand. The platform enables brands to access a curated network of professionals, currently numbering over 2,000, for freelance engagements across startups to Fortune 500 clients. It supports multiple simultaneous projects and hiring requirements, and provides project management and communication tools to streamline collaboration and hiring efficiency. Founded in 2020 and based in New York, Publicist focuses on helping companies secure top marketing and communications talent quickly and reliably.

Mastt

Seed Round in 2020
Mastt is a cloud-based SaaS product for the construction industry, empowering Project Owners, Managers, and Representatives with fast, efficient reporting tools. It streamlines contract management and payments, enabling users to focus on project delivery while ensuring sustainability and efficiency in urban growth.

Publicist

Pre Seed Round in 2020
Publicist operates an online marketplace that connects brands with pre-vetted marketing and communications talent on demand. The platform enables brands to access a curated network of professionals, currently numbering over 2,000, for freelance engagements across startups to Fortune 500 clients. It supports multiple simultaneous projects and hiring requirements, and provides project management and communication tools to streamline collaboration and hiring efficiency. Founded in 2020 and based in New York, Publicist focuses on helping companies secure top marketing and communications talent quickly and reliably.

PV Mate

Seed Round in 2019
PV Mate is a company that offers an online platform designed for the solar photovoltaic industry, specifically catering to businesses seeking installation services. The platform serves as a network that connects solar energy retailers with qualified and experienced installers, facilitating the process of finding and hiring the right professionals for solar projects. Through its innovative platform, PV Mate streamlines the bidding and management processes, enabling businesses to efficiently commission installations and enhance project success rates in the growing renewable energy sector.

Sitemate

Venture Round in 2018
Sitemate is a software company that offers a no-code SaaS platform, Dashpivot, designed to streamline project workflows, asset management, and field data capture. The platform enables organizations to digitize and organize how they capture, track, and manage work for projects and teams both on site and in the office, with a user-friendly interface that minimizes bulky document repositories. It provides integrated tools for project management, asset tracking, and field data capture, helping companies improve efficiency, reduce errors, and gain real-time insights into operations.

Site Diary

Seed Round in 2017
Site Diary Pty Ltd, incorporated in 2015 and based in Caloundra, Australia, specializes in developing software for the civil construction sector. The company's flagship product, SiteDiary, is a mobile web application that allows supervisors and engineers to efficiently record daily activities on construction sites. This includes tracking actual work hours, materials used, and subcontractor activities. By replacing traditional pen-and-paper methods, which are still prevalent among over 75% of civil construction companies, the software streamlines data collection, eliminating the need for manual entry into spreadsheets and databases. SiteDiary enables real-time data synchronization and uploads information to an online server, allowing management to access crucial cost and project progress data easily. This innovative approach addresses inefficiencies in recording processes and helps clients save time and labor, ultimately enhancing productivity within the industry.

BenchOn

Seed Round in 2016
BenchOn Pty Ltd operates an online platform that facilitates business-to-business sub-contracting by providing a Software-as-a-Service (SaaS) marketplace. This platform connects businesses with idle staff to short-term contracts from various sectors, including defense, IT, cybersecurity, construction, mining, oil and gas, engineering, logistics, and project management. By utilizing an innovative matching methodology, BenchOn helps organizations efficiently access qualified talent based on availability, skill sets, and experience. Incorporated in 2016 and headquartered in Gold Coast, Australia, BenchOn aims to optimize workforce utilization, allowing businesses to manage fluctuations in demand while minimizing the inefficiencies associated with underutilized personnel.

Pingpad

Seed Round in 2015
Pingpad Inc., founded in 2014 and based in Palo Alto, California, develops an application designed to enhance collaboration within Slack. The application integrates features from Trello, Google Docs, and Wikis, allowing users to organize their Slack workspace effectively. It facilitates the capture of shared knowledge through messages or threads, enabling multiple users to edit collaborative notes simultaneously. This functionality helps users streamline conversations and convert them into documented knowledge, thereby improving overall productivity and organization within teams.

Fewzion

Seed Round in 2013
Aligning front line leaders with the objectives of the management team is probably the greatest leverage point an operation has to improve performance. The shift plan and tools that hold teams accountable for achieving the plan are critical in achieving this alignment. Fewzion helps by making the management tools your team use to run the operation every day, more effective and more sustainable. We take advantage of modern software usability features to provide “ipad simple” functionality that you simply can’t get from spreadsheets, whiteboards and traditional ERP tools. Whilst retaining (and improving on) the visual management and interactive capabilities of tools such as Lean, Six Sigma, Management Operating Systems (MOS), Total Quality Management (TQM) and the Theory of Constraints.

Commit.Works

Seed Round in 2013
Commit.Works develops software that helps the blue-collar workforce manage frontline processes, people, and equipment to achieve controlled and improved results. Its platform supports on-site planning and sustainable performance improvement by providing an integrated frontline shift plan that unifies planning for mining, maintenance, services, and data. The system enables engineers and managers to create plans, link work to targets, and coordinate activities to ensure on-site work is properly organized and outcomes are better controlled.
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