Paspalis
PASPALIS is a venture capital firm based in Darwin, Australia, with a focus on early-stage deep-tech investments. The firm operates across the Asia-Pacific region, including Singapore and Sydney, and aims to connect global innovation with growth opportunities in Northern Australia. PASPALIS emphasizes supporting startups in sectors such as defense, aerospace, advanced manufacturing, and energy technologies. The firm provides investment services, including leading and co-investing in high-growth startups from Seed through Series A rounds. It also offers a co-investment fund in partnership with
Investing activity
Paspalis appears in 1 AI deal tracked by the AI Lounge deals desk, and led 1 of them. The rounds are mostly Seed, with a median round size of $4M. The most recent is Polybee (Seed, $4.3M, Feb 2026).
Paspalis most often invests alongside Elev8.VC, Jorge Heraud and Seeds Capital, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Paspalis
What AI companies has Paspalis invested in?
Paspalis's AI investments include Polybee. The 1 round on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Paspalis based?
Paspalis is based in Darwin, Northern Territory, Australia.
What stage does Paspalis invest at?
In the rounds tracked on AI Lounge, Paspalis has invested at Seed, with a median round of $4M. Paspalis led 1 of those rounds.
Who does Paspalis co-invest with?
Paspalis's most frequent co-investors on AI Lounge are Elev8.VC (1 deal), Jorge Heraud (1 deal) and Seeds Capital (1 deal).
How can founders reach Paspalis?
Founders on AI Lounge can see Paspalis's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Paspalis to their Investor Pipeline to track the conversation.