
Black Nova is a founder focussed VC - they worked transparently and quickly with us and were balanced in their approach to agreeing terms and cheque size.
— Romilly Blackburn, Co-founder & CEO Operata
Darcy and Matt were simply awesome. They were curious, cautious, professional, and bloody fun. We could not imagine a better team to deal with
— Elliot Costello, CEO Phantm
Black Nova first invested in our Pre-Seed round and have been getting to know us as we got to know them over the last 6 months and we felt that there was a great cultural fit as well as a high degree of trust and safety in the way they operated.
— Tim Brewer, Founder Functionly
Really clear and transparent all the way through - feel really supported.
— Carl Prins, Founder Pathzero
The desire to support founders flows through the whole fund.
— Nathan Olivieri, Founder RightPaw
Portfolio
The Investment Process

We invest in brilliant founders solving acute problems in the B2B SaaS industry.
- Deep domain expertise
- Determined, ambitious founding team
- Pre Seed --> Series A
Want to learn how our investment process works?
$100K
Minimum Investment
20%
Carried Interest
2%
Mgt. Fee Per Annum
30%
IRR Fun Objective
News & Updates
The Black Nova team is made up of founders, investors, experts and executives who have all been through the startup journey, and know first-hand the challenges