Company Profile
BetterLabs is an early-stage venture capital fund and venture studio based in Perth, Western Australia. Founded in 2017 and backed by the Royal Automobile Club of Western Australia (RAC), the firm manages a AUD 23 million fund. It is dedicated to supporting startups that seek to enhance the way people live and work, with a strong emphasis on impactful innovation.
The firm focuses on six core investment themes: third age (aging population), member community, life, work & money, mobility of the future, next-generation insurance, and clean technology. BetterLabs typically invests between AUD 200,000 and AUD 3 million in startups at seed and Series A stages. Its venture studio also incubates and launches new businesses, providing hands-on operational support and strategic guidance.
To date, BetterLabs has invested in over 22 companies, including Power Ledger, Complete Home Filtration, and SpacetoCo, deploying more than AUD 12 million. The firm plays an active role in Australia’s innovation ecosystem, helping founders build scalable, sustainable ventures that can transform industries and communities.
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