# Boab AI

> Boab AI is a VC fund in Melbourne backing Artificial Intelligence and Software. See 15 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Melbourne, Australia
- Total investments: 15
- Last investment: Jan 2024
- Lead investor: 7%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/boabai/
- Website: https://www.boab.ai/

Boab AI is a VC fund in Melbourne focused on Artificial Intelligence and Software. Boab AI, is a scaleup investment program based in Melbourne, investing in Victorian and international AI companies ready to expand globally.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Artificial Intelligence | 4 | 27% |
| Software | 3 | 20% |
| Machine Learning | 3 | 20% |
| Robotics | 2 | 13% |
| Analytics | 2 | 13% |

22 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 7 | 47% |
| Pre-Seed | 1 | 7% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Australia | 6 | 40% |
| United Kingdom | 1 | 7% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Traits Insights | Trait Insight is an technology company that offers its analytical platform to profile athlete’s complete performance. |  | Seed | Jan 16, 2024 |  |
| Pearler.AI | Pearler.AI is a software company that provides business development including advanced Ai, and software security. |  | Seed | Jan 01, 2024 |  |
| LYRO Robotics | We build the brain, the eyes, and the hands for the next generation of robots! #robotic #picking #packing #grasping #learning #vision |  | Seed | Nov 06, 2023 |  |
| Hullbot | Hullbot offers an autonomous, frequent cleaning service for vessel hulls and propellers using specialized underwater robotics technology. This proactive cleaning prevents biofouling buildup, which reduces drag and results in fuel savings and increased fleet performance for operators. The robotics system is designed to work with all hull coatingsand provides routine inspections, asset intelligence, and real-time analytics on vessel performance without requiring divers. | $225.3K | Seed | Oct 01, 2023 |  |
| SimConverse | SimConverse is a first generative AI in healthcare that holds conversation with natural fluency. | $989.1K | Seed | Mar 08, 2023 |  |
| Katonic AI | Katonic AI provides The Operating System for Sovereign AI, empowering enterprises, nations, and service providers to maintain complete control over their AI capabilities. As data sovereignty becomes mission-critical, we deliver what standard cloud offerings cannot: absolute control over your AI infrastructure and intellectual property. Our platformdeploys wherever your requirements demand. On-premise data centers, hybrid environments, or existing cloud infrastructure. Complete control. Your data, your rules.Award-Winning FoundationFounded in Sydney in 2020 by enterprise AI veteran Prem Naraindas, Katonic AI operates from a global hub in Dubai with distributed engineering teams across India. Notable projects and recognition include:Katonic AI’s Sovereign AI platform powers Pilipinas AI, the Philippines’ sovereign AI solutions stack, launched in partnership with ePLDT. Critical infrastructure work including Saudi Arabia’s MODON AI Center of Excellence. Recognized by Frost & Sullivan as 2023 Entrepreneurial Company of the Year. Included in Everest Group’s MLOps PEAK Matrix Assessment 2022. Featured in Google case studies for secure enterprise AI deployment.Two Pathways to AI Independence:Sovereign AI Factory: Purpose-built for enterprises to securely develop, train, and manage custom AI solutions and autonomous agents with control over the full stack. Sovereign AI Cloud: Designed for MSPs, telecom operators, and cloud providers to convert infrastructure assets into AI cloud services.Whether you are building internal AI capabilities or launching AI services, Katonic AI focuses on sovereignty and operational control. | $1.1M | Seed | Dec 22, 2022 |  |
| Australian Droid + Robot | Australian Droid + Robot develops AI technologies for underground and open-pit mining operations. It designs AI-based robotics technology to improve safety, sustainability, and productivity by data capturing remotely gathered data that is either too risky or time-consuming to obtain through conventional means. It serves the mining, heavymanufacturing, and defense sectors. |  | Seed | Nov 25, 2022 |  |
| LYRO Robotics | We build the brain, the eyes, and the hands for the next generation of robots! #robotic #picking #packing #grasping #learning #vision | $1M | Seed | Jul 14, 2022 |  |
| GenEmbryomics | Embryo whole genome sequencing. |  | Seed | Jun 14, 2022 |  |
| Datagamz | Datagamz focuses on the CX industry and allows contact center operations teams. Improve overall CX by automating unnecessary contact and encouraging high-value contact. Datagamz product philosophy is based on the best-selling book "No service is the best service!". So how does Datagamz achieve this? 1. Data ingestion by integrating withContact center data and process mining 2. Providing Insights on how to improve processes, people, and technology 3. Actions on insights using goal science and GamificationDatagamz services 35+ large global enterprises globally. | $2.1M | Seed | May 01, 2022 |  |

10 of 15 investments shown.

## Co-investors
- [Artesian VC](https://shizune.co/investors/profile/artesian-capital-management) — VC Fund, 10 deals together
- [AgFunder](https://shizune.co/investors/profile/agfunder) — VC Fund, 3 deals together
- [APEX Capital](https://shizune.co/investors/profile/apex-capital-9cd3) — VC Fund, 2 deals together
- [AgFoodFund](https://shizune.co/investors/profile/agfoodfund) — VC Fund, 1 deal together
- [Defence Trailblazer](https://shizune.co/investors/profile/defence-trailblazer) — VC Fund, 1 deal together
- [GROW Agrifoodtech Accelerator](https://shizune.co/investors/profile/grow-agtech-accelerator) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Boab AI invest in?

Boab AI invests primarily in Artificial Intelligence, Software and Machine Learning startups, most often at Seed and Pre-Seed stage. Most of the 15 investments tracked by Shizune back companies in Australia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Boab AI last invest?

The most recent investment recorded for Boab AI closed in Jan 2024. Shizune tracks 15 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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