Beaten Zone Venture Partners

Beaten Zone Venture Partners is an early-stage venture capital firm based in Brisbane, Australia, that invests in domestic startups developing defense technologies focused on military lethality and survivability. The firm applies a traditional software venture investment approach to physical hardware and defense systems, providing capital and strategic networks to build a sovereign military technology ecosystem. Operating with a dedicated staff of seven employees, the firm manages the ESVCLP-structured Beaten Zone Venture Capital Fund 1, which has successfully raised $12.3 million toward a $60 million target. To date, the fund has deployed $4.5 million across its first three investments, building an early portfolio that includes aerospace and defense companies such as HEO Robotics and Black Sky Industries. Beaten Zone Venture Partners was founded in late 2022 by Australian entrepreneur and lead investor Steve Baxter.