Early-Stage
Seed Fund

Funding climate deep tech  startups & scale-ups

TRaCE has launched a $1.7 million fund designed to accelerate the growth
of startups & scale-ups in the clean energy and recycling sectors.

Ready to scale up your clean energy or recycling solution?

The Early-Stage Seed Fund is funding TRaCE-partnered startups and scale-ups.

Our mission

Unlocking seed funding for climate innovations

The “Valley of Death” is a critical stage for climate deep tech startups, where high development costs and the need for significant capital meet the challenge of proving market traction. Many startups struggle to secure funding during this phase because they haven’t yet demonstrated that their technology is commercially viable, leaving them stuck between research and scaling. TRaCE is addressing this gap by offering targeted financial support through the Early-Stage Seed Fund.

By funding key milestones, from prototype development to early-market testing, TRaCE provides the necessary capital and resources to help startups attract future investment and works to encourage venture capitalists (VCs) to invest in these startups at this earlier crucial stage, helping them scale and reach market readiness.

Our mission

Unlocking seed funding for climate innovations

The “Valley of Death” is a critical stage for climate deep tech startups, where high development costs and the need for significant capital meet the challenge of proving market traction. Many startups struggle to secure funding during this phase because they haven’t yet demonstrated that their technology is commercially viable, leaving them stuck between research and scaling. TRaCE is addressing this gap by offering targeted financial support through the Early-Stage Seed Fund.

By funding key milestones, from prototype development to early-market testing, TRaCE provides the necessary capital and resources to help startups attract future investment and works to encourage venture capitalists (VCs) to invest in these startups at this earlier crucial stage, helping them scale and reach market readiness.

"This partnership not only amplifies our investment capabilities but also enhances the pathways for startups to access vital resources and markets. Together, we are creating a robust ecosystem that de-risks climate technologies"

Charlie Ill, Chief Executive Officer at Investible

Our approach

A university-VC collaboration

The TRaCE Early-Stage Seed Fund represents a groundbreaking collaboration between UNSW and VC partners, Investible and Hampton Capital, blending the research and development capabilities of Australia’s leading university with the expertise of global venture capital firms. These unique partnerships create an ecosystem that supports climate deep tech startups from the very beginning, combining cutting-edge research, industry connections, and strategic guidance. By joining forces, TRaCE, Investible and Hampton Capital empower startups to move beyond research and development and toward scalable, market-ready solutions.

Our venture capital partners

The model

Australia's first reinvestment seed fund model

The TRaCE Early-Stage Seed Fund is an Australian university’s first fund to incorporate a reinvestment model, ensuring that initial investments are not just a one-off but can be reinvested into future startups, creating a sustainable cycle of funding. 

VC partners and TRaCE will coinvest in highpotential startups and scaleups through a buy-back mechanism for VC partners, enabling initial investment to be reinvested by TRaCE into new companies creating a continuous cycle of funding, support and innovation, and setting a new standard for partnership between capital partners and universities

The model

Australia's first reinvestment seed fund model

The TRaCE Early-Stage Seed Fund is an Australian university’s first fund to incorporate a reinvestment model, ensuring that initial investments are not just a one-off but can be reinvested into future startups, creating a sustainable cycle of funding. 

VC partners and TRaCE will coinvest in highpotential startups and scaleups through a buy-back mechanism for VC partners, enabling initial investment to be reinvested by TRaCE into new companies creating a continuous cycle of funding, support and innovation, and setting a new standard for partnership between capital partners and universities.

Looking for support?

If you’re involved in one of TRaCE’s programs at UNSW or the University of Newcastle, and looking to secure funding to take your clean energy or recycling solution to the next level, the TRaCE Early-stage seed fund could be your next step.