# Nick McNaughton

> Nick McNaughton is a seed investor in Canberra backing Internet of Things and SaaS. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Location: Canberra, Australia
- Total investments: 5
- Last investment: Feb 2022
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/nickmcnaughton

Nick McNaughton is a seed investor in Canberra focused on Internet of Things and SaaS. Nick has a long track record of helping to build and grow software and web companies, and has been a successful angel investor, business mentor, and through Blue Cove Ventures which he established and ran between 2007 and 2012, the CEO of a successful investment fund.Building on 16 years of experience in bringing US software companies into thePacific, Nick turned to personal and professional investment in domestic software companies in 1998, specialising in web / mobile / cloud / SaaS and Enterprise opportunities.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.3M–$1.8M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Internet of Things | 3 | 60% |
| SaaS | 1 | 20% |
| EdTech | 1 | 20% |
| Big Data | 1 | 20% |
| Software | 1 | 20% |

15 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 40% |
| Series A | 2 | 40% |
| Pre-Seed | 1 | 20% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Australia | 3 | 60% |
| United States | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Binary Tech | Binary Tech creates off the shelf and bespoke solutions for businesses who need timely, reliable and cost-effective information from assets in the field. | $1.3M | Seed | Feb 04, 2022 |  |
| Binary Beer | BinaryBeer is an IoT startup that allows brewers to manage their fleet of beer kegs through an online platform. | $1.8M | Seed | Feb 04, 2022 |  |
| Haast | Haast is an artificial intelligence SAAS company that offers marketing compliance automation services. |  | Pre-Seed |  |  |
| Instaclustr | Instaclustr delivers reliability at scale through an integrated data platform of open source technologies such as Apache Cassandra®, Apache Kafka®, Apache SparkTM, RedisTM and ElasticsearchTM. Instaclustr allows companies to focus internal development and operational resources on building cutting edge customer-facing applications. Instaclustr nowhas more than 100 million node hours and 7 PB of data under management across its open source technology suite |  | Series A |  |  |
| Windlab | Windlab applies science to develop, construct and operate clean energy projects around the world, delivering benefits to its investors and the broader community. |  | Series A |  |  |

5 of 5 investments shown.

## Co-investors
- [Artesian VC](https://shizune.co/investors/profile/artesian-capital-management) — VC Fund, 2 deals together
- [Beachhead Venture Capital](https://shizune.co/investors/profile/beachhead-venture-capital) — VC Fund, 2 deals together

## Similar investors

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

### Similar country
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Artesian VC](https://shizune.co/investors/profile/artesian-capital-management) — VC Fund
- [Blackbird Ventures](https://shizune.co/investors/profile/blackbird-ventures-australia) — VC Fund

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## FAQ

### What does Nick McNaughton invest in?

Nick McNaughton invests primarily in Internet of Things, SaaS and EdTech startups, most often at Seed and Series A 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.

### What is Nick McNaughton's check size?

Nick McNaughton typically joins rounds of $1.3M–$1.8M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Nick McNaughton participates in.

### When did Nick McNaughton last invest?

The most recent investment recorded for Nick McNaughton closed in Feb 2022. 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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