Black Nova Venture Capital

Black Nova Venture Capital is an early-stage venture capital firm based in Surry Hills, Sydney, Australia, that primarily invests in business-to-business software-as-a-service startups solving persistent enterprise problems. The organization targets vertical software providers operating across sectors like artificial intelligence, machine learning, data security, and safety platforms, typically writing initial investment checks ranging from $25,000 to $1 million. Black Nova currently manages at least two closed investment vehicles, including a $20 million early-stage fund, and has executed a minimum of 23 investments across its portfolio since its inception. Beyond capital allocation, the firm delivers hands-on operational support and go-to-market coaching through a dedicated venture partner program featuring executives associated with recognizable technology entities such as RecordPoint, Startmate, and DoneSafe. Black Nova Venture Capital was officially founded in 2020 by managing partner Matthew Browne alongside general partner Darcy Naunton.