Boab AI

About Boab AI

The iconic Boab, also called the bottle tree or tree of life, is incredibly resilient, capable of living for over 1,000 years. In inhospitable climates the Boab can also be a life saver for other species, with its trunk, or caudex, able to hold up to 1,000 litres of water. Boab AI, is a scaleup investment program based in Melbourne, investing in Victorian and international AI companies ready to expand globally. Our mission is to connect an ecosystem of entrepreneurs, government organisations, universities / research institutes, corporations / industry groups and investors working to grow AI opportunities in Victoria and around the world. Boab is backed by Artesian Venture Partners, Australia's largest and most active early stage VC firm. Boab offers an investment of $300,000 capital and best-in-class support services for company selected to participate in the scaleup program, with potential follow on investments of up to $5,000,000.
People
  • Andrew Lai, Managing Director