Folklore Ventures is an Australian early-stage venture capital firm based in Sydney, New South Wales, Australia, investing in early-stage Australian and Asia-Pacific technology start-ups across SaaS, consumer, fintech, marketplaces, and adjacent technology themes. The firm was co-founded by Al Tonkin (formerly at Blackbird Ventures, the leading Australian VC) and operates as one of the more prominent dedicated Australian early-stage VCs alongside firms such as Blackbird Ventures, Square Peg Capital, AirTree Ventures, OneVentures, and Giant Leap. The row's old description framing as ''supporting under-represented founders'' is somewhat misleading aEUR" Folklore primarily invests broadly in early-stage Australian and Asia-Pacific technology founders rather than as a dedicated diversity-focused fund. Folklore has raised multiple institutional funds with aggregate AUM in the AUD tens to low-hundreds of millions range, typically writing initial check sizes in the AUD / USD 500,000 to AUD 2 million range at pre-seed and seed stages. Notable portfolio companies include various Australian and Asia-Pacific technology start-ups. The firm's name ''Folklore'' evokes the cultural-storytelling / narrative-heritage theme.