# Westscheme Pty Limited

> Westscheme Pty Limited is a VC fund in Perth backing Health Care and Biotechnology. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Perth, Australia
- Total investments: 1
- Last investment: Jun 2009
- Lead investor: 0%
- Last updated: Aug 2026
- X (Twitter): http://twitter.com/australiansuper
- Website: http://www.westscheme.com.au
- Facebook: https://www.facebook.com/australiansuper

Westscheme Pty Limited is a VC fund in Perth focused on Health Care and Biotechnology. Westscheme caters to the needs of all industries, all occupations, anywhere in Australia. Westscheme is an industry superannuation fund based in WA, which strives to make money FOR its members and not FROM them. Established in 1986, Westscheme has since grown tremendously to service a membership of over 213,511 members and 26,246 employers (as atJuly 2010).

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 1 | 100% |
| Biotechnology | 1 | 100% |
| Personal Health | 1 | 100% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Verva Pharmaceuticals | Verva Pharmaceuticals Ltd. (“Verva”) was formed in December, 2007 by consolidation of key diabetes assets, discovery technologies and targets resident in Autogen Research Ltd. (formerly the diabetes-focused subsidiary of ChemGenex Pharmaceuticals) with those of obesity drug development company Adipogen Pharmaceuticals Pty Ltd. The combined productportfolio, technologies and expertise provide a substantial opportunity for rapid clinical progress and growth in high-value markets with a significant unmet medical need.Verva operates in a completely virtual mode, managed by a CEO and Directors with extensive international product development and partnering experience. Verva’s founding research was undertaken at the Metabolic Research Unit of Deakin University in Geelong, Australia; a state-of-the-art facility providing access to key in vitro and in vivo models and capabilities. Verva has subsequently engaged expert scientists, clinicians, technical advisers and contract research organisations worldwide to implement the Company’s research and development strategy. | $1M |  | Jun 18, 2009 |  |

1 of 1 investments shown.

## Co-investors
- [GBS Ventures](https://shizune.co/investors/profile/gbs-ventures) — VC Fund, 1 deal together
- [QIC BioVentures](https://shizune.co/investors/profile/qic-bioventures) — VC Fund, 1 deal together
- [Uniseed](https://shizune.co/investors/profile/uniseed-vc) — VC Fund, 1 deal together

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## Featured in investor lists
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## FAQ

### What does Westscheme Pty Limited invest in?

Westscheme Pty Limited invests primarily in Health Care, Biotechnology and Personal Health startups, most often at Funding Round stage. Most of the 1 investments tracked by Shizune back companies in Australia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Westscheme Pty Limited last invest?

The most recent investment recorded for Westscheme Pty Limited closed in Jun 2009. Shizune tracks 1 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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