About Us

Mandalay is a specialist early stage
agrifood tech venture capital firm.

Mandalay is a specialist early stage agrifood tech venture capital firm.

Mandalay is a specialist early stage agrifood tech venture capital firm.

At Mandalay Venture Partners, we're on a mission to sustainably feed the world's growing population by investing in and supporting the most promising agrifood technology startups.

As a leading early-stage venture capital firm, we're at the forefront of the agrifood technology revolution. We firmly believe that venture-backed innovation holds the key to tackling the most pressing challenges faced by the agriculture and food sectors today, including population growth, climate change, resource scarcity, and food insecurity.


Our team is passionate about driving innovation from 'farm-to-fork', backing cutting-edge technologies that span from on-farm and farm gate solutions to supply chain and point-of-sale.


Our goal is to partner with visionary entrepreneurs and help them transform their groundbreaking ideas into thriving businesses that can reshape the global food system for the better. By providing these early-stage companies with the capital, expertise, and networks they need to succeed, we're not only striving to generate compelling financial returns but also to create a lasting positive impact on the environment and society as a whole.


At Mandalay, we're more than just investors – we're committed to being hands-on partners, working closely with our portfolio companies to navigate the challenges of early-stage growth and scale their innovations to reach their full potential. If you're an agrifood tech startup with a bold vision for the future of food, we want to hear from you. Together, let's work towards building a more sustainable, resilient, and equitable food system for all.

At Mandalay Venture Partners, we're on a mission to sustainably feed the world's growing population by investing in and supporting the most promising agrifood technology startups.

As a leading early-stage venture capital firm, we're at the forefront of the agrifood technology revolution. We firmly believe that venture-backed innovation holds the key to tackling the most pressing challenges faced by the agriculture and food sectors today, including population growth, climate change, resource scarcity, and food insecurity.


Our team is passionate about driving innovation from 'farm-to-fork', backing cutting-edge technologies that span from on-farm and farm gate solutions to supply chain and point-of-sale.


Our goal is to partner with visionary entrepreneurs and help them transform their groundbreaking ideas into thriving businesses that can reshape the global food system for the better. By providing these early-stage companies with the capital, expertise, and networks they need to succeed, we're not only striving to generate compelling financial returns but also to create a lasting positive impact on the environment and society as a whole.


At Mandalay, we're more than just investors – we're committed to being hands-on partners, working closely with our portfolio companies to navigate the challenges of early-stage growth and scale their innovations to reach their full potential. If you're an agrifood tech startup with a bold vision for the future of food, we want to hear from you. Together, let's work towards building a more sustainable, resilient, and equitable food system for all.

At Mandalay Venture Partners, we're on a mission to sustainably feed the world's growing population by investing in and supporting the most promising agrifood technology startups.

As a leading early-stage venture capital firm, we're at the forefront of the agrifood technology revolution. We firmly believe that venture-backed innovation holds the key to tackling the most pressing challenges faced by the agriculture and food sectors today, including population growth, climate change, resource scarcity, and food insecurity.


Our team is passionate about driving innovation from 'farm-to-fork', backing cutting-edge technologies that span from on-farm and farm gate solutions to supply chain and point-of-sale.


Our goal is to partner with visionary entrepreneurs and help them transform their groundbreaking ideas into thriving businesses that can reshape the global food system for the better. By providing these early-stage companies with the capital, expertise, and networks they need to succeed, we're not only striving to generate compelling financial returns but also to create a lasting positive impact on the environment and society as a whole.


At Mandalay, we're more than just investors – we're committed to being hands-on partners, working closely with our portfolio companies to navigate the challenges of early-stage growth and scale their innovations to reach their full potential. If you're an agrifood tech startup with a bold vision for the future of food, we want to hear from you. Together, let's work towards building a more sustainable, resilient, and equitable food system for all.

Our Team

Mandalay is led by experienced venture capital and venture building specialists.

We bring a hands-on approach working side-by-side with founders through early stage development, go-to-market strategies, expansion and partnering to advance Australian agrifood innovations.

Mark Gustowski
Managing Partner
Chair Investment Committee

Mark Gustowski is an experienced investment executive and has worked with innovative, fast-growth businesses for over 20 years.

Philippe Ceulen
Partner
Head of Platform

Philippe Ceulen is a seasoned entrepreneur
and business growth professional in agtech and sustainability startups.

Timothy Hui
Partner
Head of Operations

Timothy Hui is a specialist in early-stage innovative company growth strategy and
fund operations.

Angela Young
Associate

Saskia Urlass
Investment Analyst

Elouise Comber
Investment Analyst

© Mandalay Funds Management Pty Ltd, 2024


Mandalay Funds Management Pty Ltd ABN 15 646 412 633 t/as Mandalay Venture Partners is appointed as a corporate authorised representative (AR 1285388) of Zentaurus Investment Management Pty Ltd ABN 65 136 418 696, AFSL 401224.


Mandalay acts in the capacity of the general partner of Mandalay Management I, LP IP12213, AR 1294878 in its capacity as General Partner of Mandalay Fund I, LP IP12214. Mandalay is a sub-investment Manager of the Australian Food and Farming Fund (AFFF) with trustee Falcon Capital Limited ABN 78 119 204 554, AFSL 302538.


This website does not constitute an offer for interests in any financial product or for that matter financial product advice. Investment into Mandalay funds is only available for persons who qualify as wholesale clients as identified in section 761G of the Corporations Act.


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