AS

Ascendant Labs Capital — Seed & Series A VC Firm ($750K–$3.0M Checks)

VC
Sydney, AustraliaWebsite

Ascendant Labs Capital is a Seed, Series A venture capital firm based in Sydney, Australia investing in Other, AI / ML, Developer Tools. The firm typically writes $750K–$3.0M checks and has 18 portfolio companies in our records.

Check size
$750K–$3.0M
Portfolio
18 companies on record
Partners
5 listed
Stage
Seed, Series A
Sectors
Other, AI / ML, Developer Tools, Healthcare, SaaS, Consumer
HQ
Sydney, Australia
AUM
Not in our records

Last verified: 2026-07-04

How to approach: cold outreach ok
Stage

Seed, Series A

Check Size

$750K – $3.0M

Portfolio

18+ companies

Team

5 partners

Investor activity
Investments in last 12 months: 0

Investment Thesis

Focused on emerging protocols leveraging decentralization, interoperability, and stablecoin adoption in APAC.

How Ascendant Labs Capital invests

Ascendant Labs Capital is a vc firm based in Sydney, Australia. The firm invests at the Seed, Series A stages, with a focus on Other, AI / ML, Developer Tools, Healthcare, SaaS. It does not invest in Entertainment.

Ascendant Labs Capital typically writes checks of $750K–$3.0M per investment.

Ascendant Labs Capital has backed 18 companies in our records, including OpenLedger, TetherPay, Elation Health.

Partners & Team

EC

Eric Calder

Co-President & Chief Operating Officer

Operations
Hospitality & Residential Investment Execution
Development & Acquisitions
JG

Jason Goldberg

Chief Financial Officer

Finance
Deal Structuring
Capital Deployment
RG

Russell Gimelstob

Founder and Chief Executive Officer

Hospitality
Residential
Real Estate Operating Verticals
AH

Alex Halpern

Co-Founder, Co-President & Chief Investment Officer

Hospitality
Select Residential Investments
Capital Markets
Gateway Markets
RH

Rebecca Hayes

General Partner

Blockchain
Crypto

Industry Focus

Invests In

Other
AI / ML
Developer Tools
Healthcare
SaaS
Consumer

Does Not Invest In

Entertainment

Portfolio Companies (18)

Other

OP

OpenLedger

Blockchain Infrastructure
TE

TetherPay

Stablecoin Payments
EL

Elation Health

healthcare·June 2022·Fund I

Collaborative EHR platform for primary care.

MS

MSPB

healthcare·August 2022·Fund I

Primary/multi-specialty physician group in Florida.

AL

Allied Physicians Group/Adjuvant.Health

healthcare·November 2022·Fund I

Pediatric care provider in New York.

CO

ConConnect

Justice tech / Social impact / Social networking·Seed / Pre-seed·De-Carceration Fund

A LinkedIn-like social media site to help ex-prisoners reenter society successfully.

TU

TurnSignl

Legal tech / Justice / Access to counsel·Seed·De-Carceration Fund

An app that provides 24/7 access to lawyers during traffic stops and after car accidents, focusing especially on marginalized communities.

GO

Good Call

Legal tech / Access to justice·Early-stage·De-Carceration Fund

Offers hotline technology for legal service providers and rapid response practitioners to improve access to legal support.

BI

Bio Usawa

Biotech / Pharma / Global health·Early stage / Project stage·De-Carceration Fund

Manufactures affordable monoclonal antibodies in Africa, focusing on cancer drugs and health needs in low-income settings.

VE

Vetmab

Pet biotech / Animal therapeutics·Early stage·De-Carceration Fund

Pet biotech company bringing life-improving therapies to pet family members.

How to pitch Ascendant Labs Capital
  • •Raising at Seed, Series A? You're squarely in their sweet spot.
  • •Lead with your fit in Other, AI / ML, Developer Tools — the sectors they actively back.
  • •Size your ask to their typical $750K – $3.0M check.
  • •cold outreach ok
  • •Address your outreach to a specific partner, such as Eric Calder, Co-President & Chief Operating Officer.
  • •A warm introduction beats a cold email. Get matched and request an intro.

Featured In

Browse More Investors

Fundraising resources

Frequently Asked Questions

See if Ascendant Labs Capital is a match for your startup

Upload your pitch deck to see how well you match with Ascendant Labs Capital and 10,000+ other investors.

Ask your AI assistant about this investor: connect InvestorMatch to Claude or ChatGPT

Is this your profile? Request a correction or removal