BetterLabs Ventures

BetterLabs Ventures operates as an early-stage venture fund and studio in Perth, Australia. It invests in Seed and Series A technology companies, also building and launching new startups. This hybrid model provides capital and direct support, fostering disruptive technologies across key Western Australian market sectors.

Formed in September 2018, BetterLabs Ventures was initiated as a strategic innovation arm of RAC, pioneering Perth's first corporate venture fund. The insight sought to invigorate the local startup scene by addressing early-stage capital and venture-building expertise gaps, advancing regional entrepreneurship.

BetterLabs targets technology founders and emerging companies, offering financial backing and strategic collaboration. Investment focus includes Third Age, Next-Gen Insurance, Clean Tech, Member Community, Life, Work & Money, and Mobility of the Future. The firm's vision is to cultivate a dynamic Western Australian startup ecosystem, driving regional prosperity.