Salus Ventures

Salus Ventures is a venture capital firm based in Sydney, Australia, investing primarily in Australia and New Zealand with global reach. It backs founders building dual-use technologies that serve both commercial and government markets, focusing on aerospace and autonomy, AI/machine learning and data intelligence, automation and advanced manufacturing, cybersecurity and enterprise software, defence and national security, and supply chain and public wellness. The firm targets pre-seed to Series A companies, typically leading at seed, and looks for founders developing critical, difficult-to-access capabilities for government and defense customers alongside commercial applications. Beyond capital, Salus offers guidance on operational and governance matters, access to a network of government, defense and industry contacts to help portfolio companies navigate procurement, and a community of investors and strategic advisors with dual-use technology experience. Its debut fund closed oversubscribed at $40 million in 2024 with a cornerstone investment from Queensland Investment Corporation, and the firm has stated an intent to deploy up to $250 million over five years. Founders can reach the firm via its website contact form.