# Ben Dalling

> Ben Dalling is a Series A investor at Acorn Capital (Melbourne) backing FinTech and Finance. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Acorn Capital](https://shizune.co/investors/profile/acorn-capital)
- Location: Melbourne, Australia
- Total investments: 5
- Last investment: Oct 2024
- Lead investor: 40%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/ben-dalling-81651425

Ben Dalling is an Investment Director and PM at Acorn Capital.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 1 | 20% |
| Finance | 1 | 20% |
| Leasing | 1 | 20% |
| Payments | 1 | 20% |
| Automotive | 1 | 20% |

9 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 2 | 40% |
| Series B | 2 | 40% |
| Convertible Note | 1 | 20% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Australia | 2 | 40% |
| United Kingdom | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Conflux Technology | Conflux Technology is a new generation of heat exchangers made by metal additive manufacturing (3D printing). | $11M | Series B | Oct 21, 2024 |  |
| mx51 | mx51 partners with acquirers and payment providers to deliver exceptional merchant experiences. mx51's bank-grade payments as a service platform and scalable cloud-based technology seamlessly connects the world of commerce into payments. mx51 was established in 2016 in Sydney, New South Wales by Magnus Hsu. | $32.5M | Series B | Jul 19, 2022 |  |
| Conflux Technology | Conflux Technology is a new generation of heat exchangers made by metal additive manufacturing (3D printing). | $6.4M | Series A | Oct 20, 2021 |  |
| mx51 | mx51 partners with acquirers and payment providers to deliver exceptional merchant experiences. mx51's bank-grade payments as a service platform and scalable cloud-based technology seamlessly connects the world of commerce into payments. mx51 was established in 2016 in Sydney, New South Wales by Magnus Hsu. | $25M | Series A | May 24, 2021 |  |
| Splend | People today expect to hop into a car within minutes of ordering one, whatever the time of day or night. They expect their packages to arrive the next, or even the same day. It all relies on drivers, and means that owning a car opens up a world of earning potential.But not everyone has access to the right kind of car. That’s where Splend comesin. To date, we’ve helped people from all walks of life become their own bosses, with not just a car, but the tools to earn even more money, and become better drivers.Splend was launched in Sydney in 2015 after our founder, Chris King, realised that too many drivers were lacking both the cars and knowledge they needed to really thrive. It was a problem, but it could be fixed.Now, four years later, Splend is able to offer freedom to all kinds of people through car rental, and rent-to-own options. But we don’t stop there. We provide unprecedented levels of support and training, to help our members make the most of their time on the road.And, by providing members with data and analytics, we give them the opportunity to become more profitable and safer drivers. All that, plus the chance to connect with other drivers and be part of a growing community, making driving a more sustainable way of earning an income.Splend has enabled students, retirees, former refugees and single parents to find work they enjoy, and that fits their lifestyle. Equally, we’ve provided exciting opportunities for first-time buyers to own a brand new car. We couldn’t be prouder of what we’ve achieved so far, and we’re only just getting started.Whatever your reason for wanting a car, Splend has it covered, with all of the support you need to turn your dream into a reality. | $18M | Convertible Note | Nov 01, 2020 |  |

5 of 5 investments shown.

## Co-investors
- [Mastercard](https://shizune.co/investors/profile/mastercard) — VC Fund, 3 deals together
- [AM Ventures](https://shizune.co/investors/profile/am-ventures) — VC Fund, 2 deals together
- [Artesian VC](https://shizune.co/investors/profile/artesian-capital-management) — VC Fund, 2 deals together
- [Commencer Capital](https://shizune.co/investors/profile/commencer-capital) — VC Fund, 2 deals together
- [Breakthrough Victoria](https://shizune.co/investors/profile/breakthrough-victoria) — VC Fund, 1 deal together
- [Cultivation Capital](https://shizune.co/investors/profile/cultivation-capital) — VC Fund, 1 deal together

## About Acorn Capital

VC Fund · Melbourne, Australia

Acorn Capital is a boutique investment manager that manages active VC and micro funds. It defines the public or listed microcap sector as those listed public companies that have market capitalizations less than the 250th largest company on the ASX. Acorn Capital’s research-driven investment process has been designed to take advantage ofinefficiencies that can exist in the microcap sector arising from poor information flows and the lack of liquidity. In contrast to the largest companies listed on the ASX, where there is a wealth of research and information, there is a relative lack of information on microcaps.

2 contacts available at Acorn Capital.

| Name | Title | Profile |
| --- | --- | --- |
| Ben Dalling | Investment Director | https://shizune.co/investors/profile/ben-dalling |
| Robert Routley | Chief Executive Officer | https://shizune.co/investors/profile/robert-routley-cc5e |

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
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- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Ben Dalling invest in?

Ben Dalling invests primarily in FinTech, Finance and Leasing startups, most often at Series A and Series B stage. Most of the 5 investments tracked by Shizune back companies in Australia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Ben Dalling last invest?

The most recent investment recorded for Ben Dalling closed in Oct 2024. Shizune tracks 5 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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