Mandalay VC

Mandalay VC is a venture capital investment firm based in Brisbane, Australia, founded in 2020. The firm focuses on investing in Australian companies that operate within the technology, agriculture, and food technology sectors. Mandalay VC aims to support exceptional individuals and innovative projects that have the potential to make a significant impact in their respective industries.

Philippe Ceulen

Partner and Head of Platform

Mark Gustowski

Partner and Managing Director

Timothy Hui

Partner and Head of Operations

7 past transactions

Restoke

Seed Round in 2024
Restoke is an AI-powered restaurant management firm that specializes in automating restaurant operations through its innovative management system. The platform is designed to be compatible with any device, allowing clients to streamline various aspects of their business. It offers features such as real-time data insights, team management, and compliance management, as well as tools for managing menus and recipes. By leveraging artificial intelligence, Restoke enables restaurant owners to operate more effectively and efficiently, enhancing their overall management capabilities.

Cropify

Venture Round in 2024
Cropify is a technology company specializing in agricultural solutions. It develops an artificial intelligence system for classifying pulses and grains, aiming to remove human bias from the grading process. The platform employs image recognition and machine learning algorithms to examine the physical characteristics of grains and pulses, enabling stakeholders in the agricultural industry to automate quality assessments.

Harvest B

Seed Round in 2023
Harvest B specializes in providing plant-based ingredients tailored for meat producers, utilizing a smart ingredient system to enhance the development of alternative protein sources. The company aims to rejuvenate the food system by focusing on sustainable practices and broadacre cropping, addressing the evolving demands of the food industry. By streamlining the supply chain, Harvest B facilitates the creation of flavorful and nutritious plant-based products, enabling food brands to innovate and respond to consumer preferences for healthier, sustainable options. An online inquiry form is available on their website for interested parties to connect with the company.

Cropify

Seed Round in 2023
Cropify is a technology company specializing in agricultural solutions. It develops an artificial intelligence system for classifying pulses and grains, aiming to remove human bias from the grading process. The platform employs image recognition and machine learning algorithms to examine the physical characteristics of grains and pulses, enabling stakeholders in the agricultural industry to automate quality assessments.

Harvest B

Venture Round in 2023
Harvest B specializes in providing plant-based ingredients tailored for meat producers, utilizing a smart ingredient system to enhance the development of alternative protein sources. The company aims to rejuvenate the food system by focusing on sustainable practices and broadacre cropping, addressing the evolving demands of the food industry. By streamlining the supply chain, Harvest B facilitates the creation of flavorful and nutritious plant-based products, enabling food brands to innovate and respond to consumer preferences for healthier, sustainable options. An online inquiry form is available on their website for interested parties to connect with the company.

Naturo Technologies

Venture Round in 2023
Naturo Technologies creates technologies that reinvent food production for a changing and more sustainable world.

Ful Foods

Venture Round in 2023
FUL Foods is a Netherlands-based startup dedicated to creating food and beverage products that contribute positively to the environment. The company focuses on reducing carbon emissions, optimizing land use, and minimizing resource consumption while enhancing consumer health benefits. Its flagship offering is a functional beverage made from a proprietary, carbon-negative ingredient derived from microalgae, known as FUL. This innovative ingredient addresses challenges related to taste and solubility, enabling the production of light and refreshing drinks that are rich in plant-based protein and essential nutrients. FUL Foods aims to provide consumers with nourishing beverages that not only taste good but also support environmental sustainability and overall wellness.
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