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From Farquhar to Denholm, billionaires pile in on this Byron Bay fund

Tess Bennett

A Byron Bay-based venture capital firm promising to back companies trying to solve the planet’s biggest problems has raised almost $100 million from some of Australia’s richest people and drawn them to the coastal celebrity mecca for its annual meeting this week – with a side of whale watching.

ReGen Ventures, run by former Macquarie banker Dan Fitzgerald, has built a portfolio of 21 companies after raising $65 million for its first fund in 2021. The firm backs companies trying to solve environmental problems.

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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com

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    Original URL: https://www.afr.com/technology/billionaires-back-climate-focused-125m-byron-bay-vc-fund-20250612-p5m6wk