Matthew Bungey

Co-Founder Foxglove Capital

📍 Australia🔄 Updated October 2026💼 6 investments📅 4 years investing🗓 Last invested Jul 2024
VC🌍 Australia
6
Total investments
2
Early stage
2
Mid stage
1
Late stage
4y
Years active

Portfolio

6 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Seed Investor
Jul 2024
Type One Energy Group is mission-driven to provide sustainable, affordable fusion power to the world. The company was formed in 2019 by a team of globally-recognized fusion scientists with a strong track record of building state-of-art stellarator fusion machines, together with veteran business leaders experienced in successfully scaling companies and commercializing energy technologies. Type One Energy applies proven advanced manufacturing methods, modern computational physics and high-field superconducting magnets to develop its optimized stellarator fusion energy system. Its FusionDirect development program pursues the lowest-risk, shortest-schedule path to a fusion power plant over the coming decade, using a partner-intensive and capital-efficient strategy.
Investor
Sep 2023
InterEarth is focused on meaningful action to remove excess atmospheric CO2, now. Photosynthesis is a powerful technology to capture CO2 from the atmosphere and the backbone of our solution. We grow trees, harvest their above ground biomass and put that biomass, and its contained carbon, back underground. Safe, simple, scalable and actionable now! InterEarth is a startup with a big idea that originated with understanding the technical complexities of engineering the removal of excess, but still relatively dilute levels of, CO2 direct from the atmosphere, as well as the production and socio-economic challenges facing marginal low-rainfall farmland in Australia. It turns out that the native woodland species originally cleared to allow for farming in these areas are highly efficient at capturing atmospheric CO2, especially when routinely harvested and allowed to coppice (regrow). Combine these high production coppicing trees with dedicated subterranean biomass storage and you have a solution with Gt CO2 per year removal potential, that can start to make a difference now. There is certainly a lot of marginal low-rainfall farmland crying out for new sustainable uses in Australia and elsewhere around the world. In fact, hundreds of millions of hectares of potential production sites have been identified.
Investor
Jun 2023
The world’s first fully autonomous laboratory grade water analysis system designed for remote operations, critical infrastructure, wastewater processing, research and general water chemical analysis. We reduce cost, risk and delay with high frequency automated measurement at a fraction of grab sample analysis cost. Cloud-based data transfer and visualisation allows remote monitoring , alerting and fleet configuration plus we automatically measure accurate verifiable data for carbon and nutrient concentrations in water. Eco Detection is a critical innovation for food and water security with proven operation with major infrastructure operators, councils, universities and independent laboratories in Australia and New Zealand. Our game-changing technology was initially developed for military purposes in searching for fertiliser-based explosive devices. Developed in Australia, proven in field trials and independently lab verified, our technology is significantly advanced over anything in the market, providing a level of accuracy that water scientists could only dream of - until now. ​We’re passionate about using our real-time water monitoring service to help organisations better monitor, measure and manage freshwater quality, thus improving freshwater environments around the globe.
Investor
Nov 2022
Canopy Blue is part of a green economy shift to help decarbonise the world. We are building the world’s first hyper-scale seaweed cultivation sites to produce carbon-neutral food, biofuels, bioplastics and a vast range of other products. The carbon-neutral raw material harvested from these sites will: Play a major role in replacing fossil fuels. Help decarbonise the global economy by 2050. Reverse the acidification and eutrophication of the ocean. Sequester and mitigate the release of gigatonnes of CO2 over the next century.
Seed Investor
Sep 2022
Restoring the global CO₂ balance by developing a unique marine carbon removal method that delivers optimum scale and quality at an affordable price.
Seed Investor
Jul 2022
TERRRA is a biological carbon removal company, we restore and rewild WETLANDS and sell the carbon credits. Our vision is to become the leading wetland restoration and management of choice, world wide. We focus on Black-Carbon and inland Blue-Carbon which are one of natures strongest carbon sinks.
Experience · 7 entries
All (7)
Investments (6)
2024
Seed Investor
Jul 2024
Type One Energy Group is mission-driven to provide sustainable, affordable fusion power to the world. The company was formed in 2019 by a team of globally-recognized fusion scientists with a strong track record of building state-of-art stellarator fusion machines, together with veteran business leaders experienced in successfully scaling companies and commercializing energy technologies. Type One Energy applies proven advanced manufacturing methods, modern computational physics and high-field superconducting magnets to develop its optimized stellarator fusion energy system. Its FusionDirect development program pursues the lowest-risk, shortest-schedule path to a fusion power plant over the coming decade, using a partner-intensive and capital-efficient strategy.
2023
Investor
Sep 2023
InterEarth is focused on meaningful action to remove excess atmospheric CO2, now. Photosynthesis is a powerful technology to capture CO2 from the atmosphere and the backbone of our solution. We grow trees, harvest their above ground biomass and put that biomass, and its contained carbon, back underground. Safe, simple, scalable and actionable now! InterEarth is a startup with a big idea that originated with understanding the technical complexities of engineering the removal of excess, but still relatively dilute levels of, CO2 direct from the atmosphere, as well as the production and socio-economic challenges facing marginal low-rainfall farmland in Australia. It turns out that the native woodland species originally cleared to allow for farming in these areas are highly efficient at capturing atmospheric CO2, especially when routinely harvested and allowed to coppice (regrow). Combine these high production coppicing trees with dedicated subterranean biomass storage and you have a solution with Gt CO2 per year removal potential, that can start to make a difference now. There is certainly a lot of marginal low-rainfall farmland crying out for new sustainable uses in Australia and elsewhere around the world. In fact, hundreds of millions of hectares of potential production sites have been identified.
Investor
Jun 2023
The world’s first fully autonomous laboratory grade water analysis system designed for remote operations, critical infrastructure, wastewater processing, research and general water chemical analysis. We reduce cost, risk and delay with high frequency automated measurement at a fraction of grab sample analysis cost. Cloud-based data transfer and visualisation allows remote monitoring , alerting and fleet configuration plus we automatically measure accurate verifiable data for carbon and nutrient concentrations in water. Eco Detection is a critical innovation for food and water security with proven operation with major infrastructure operators, councils, universities and independent laboratories in Australia and New Zealand. Our game-changing technology was initially developed for military purposes in searching for fertiliser-based explosive devices. Developed in Australia, proven in field trials and independently lab verified, our technology is significantly advanced over anything in the market, providing a level of accuracy that water scientists could only dream of - until now. ​We’re passionate about using our real-time water monitoring service to help organisations better monitor, measure and manage freshwater quality, thus improving freshwater environments around the globe.
2022
Investor
Nov 2022
Canopy Blue is part of a green economy shift to help decarbonise the world. We are building the world’s first hyper-scale seaweed cultivation sites to produce carbon-neutral food, biofuels, bioplastics and a vast range of other products. The carbon-neutral raw material harvested from these sites will: Play a major role in replacing fossil fuels. Help decarbonise the global economy by 2050. Reverse the acidification and eutrophication of the ocean. Sequester and mitigate the release of gigatonnes of CO2 over the next century.
Seed Investor
Sep 2022
Restoring the global CO₂ balance by developing a unique marine carbon removal method that delivers optimum scale and quality at an affordable price.
Show all 7 entries ↓
Investment activity
2022–2024 · 6 investments
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