The Greenhouse story

A flagship partnership between Investible and the City Of Sydney

In 2019 Investible formulated the idea for a new early-stage venture fund focussed on technology startups that would assist the transition to a net-zero carbon future.  Around the same time, the City of Sydney released a tender to find a partner to make use of three levels of a flagship building at Circular Quay known as the 'George Street Business Innovation Space' for a period of ten years.

Investible won this tender by pitching a tech-hub focused on climate tech companies and so, Greenhouse was born.
Sydney's QVB Building

About Investible

Investible is a venture capital firm backing the visionaries advancing humanity through technology. Its mission is to connect ground-breaking companies with the capital, expertise and networks they need to realise their potential on a global scale.

Founded in 2014 and with offices in Sydney and Singapore, Investible's unique approach to early-stage tech investment globally sees its VC Funds investing alongside capital and expertise from members of Club Investible, its global HNW investor group.

Leveraging its data-driven and founder-focussed investment process and methodology developed over the last 10+ years, Investible have invested in and supported more than 100 early-stage companies across 9 countries and 20 sectors, delivering an enviable investment track record and returns for investors.

With active sector-agnostic and climate tech early-stage funds, Investible is dedicated to investing in and supporting the companies intent on building a better future.

Investible’s support for Greenhouse

Emerging technology companies will play a critical role in enabling a net-zero carbon future, but they face increasingly complex challenges and require different levels of support as they scale,

We’re designing an ecosystem that’s optimised for growth; bringing together a diverse group of investors, experts, partners and advisers to provide climate tech businesses with the nutrient capital, talent, programs and community to grow to their fullest potential.

About the City of Sydney’s support for Greenhouse

In December 2013, the City of Sydney Council adopted the Economic Development Strategy – a ten year strategy which aims to strengthen the city economy and support business. The Tech Startups Action Plan (endorsed by Council in June 2016) identifies how the City can support entrepreneurs, with a focus on innovative, new businesses - tech startups, centred on technology and designed for fast growth.

The Tech Startups Action Plan focuses on creating an ecosystem that enables knowledge based, innovation-driven businesses to flourish and highlights the importance to Sydney’s entrepreneurs of access to entrepreneurship information, mentors and investors.

A key action of the Tech Startups Action Plan is for the City to assist in the delivery of an “entrepreneurship centre”, to provide a critical mass of office and event space for entrepreneurs in tech startups and the organisations that support them. The Plan identified access to space as one of the key initiatives the City can deliver in order to support technology entrepreneurs and grow the startup ecosystem.

Supported by the City of Sydney through its Accommodation Grant Program, the Greenhouse tech hub will provide affordable space for Australian scaleups and accelerate their expansion into global markets. The innovation hub is the result of planning negotiation between the City of Sydney council and Lendlease, it is located in the new 56-storey tower at 180 George Street.

Support for Greenhouse reflects the City’s commitment to supporting the innovation economy and outstanding environmental performance – including its goal of achieving net-zero emissions by 2035.

City of Sydney Lord Mayor Clover Moore said creating affordable start-up space would help support an important sector of the economy and contribute to the CBD’s post-pandemic recovery.

“Greenhouse is a wonderful opportunity for tech entrepreneurs and the scale-up economy to be located in one of the most advantageous and desirable locations in Australia, and for the City to showcase Sydney’s tech start-up ecosystem to the world,” Ms Moore said.

“Technology businesses are pivotal to Sydney’s future. They create high-quality jobs, boost the local economy, strengthen our connections around the world and make Sydney a more desirable place to live, work and visit."