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The Plus Eight Syndicate is a powerful gateway for sophisticated investors to gain early access to some of Western Australia’s most promising startups.
This curated, deal-by-deal investment platform allows you to back high-potential ventures emerging from Spacecubed’s nationally recognised founder programs. From early-stage ideas in our Pre-Accelerator to scale-ready businesses in the flagship Plus Eight Accelerator, the Syndicate offers a rare window into WA’s fast-growing startup pipeline.
More than just investment opportunities, the Plus Eight Syndicate is your chance to help shape the future of innovation in WA.
The Plus Eight Syndicate is a professionally managed angel investment network offering early access to high-growth WA startups.
You’ll receive detailed deal memos and due diligence materials, and choose whether to participate on a deal-by-deal basis, with full transparency and investor support throughout.
We're inviting two key groups to join the Plus Eight Syndicate, Sophisticated Investors and Plus Eight Program Alumni. As a syndicate member, you’ll be investing alongside a network that has helped launch and scale dozens of successful startups across sectors like health, education, sustainability, technology, and more.
Whether you’re a seasoned investor or just beginning your angel investing journey, the Plus Eight Syndicate offers a trusted, accessible path into WA’s innovation ecosystem. By expressing your interest, you’ll be among the first to access upcoming investment opportunities.
Startup looking for investment? If you’re a part of our Plus Eight alum network and interested in gaining investment via the syndicate, fill out this form!
What is a syndicate?
An angel syndicate is a group of investors who agree to invest together in a particular startup. Their money is pooled together into one entity that invests in the company and is therefore represented as one shareholder on the company’s register.
Benefits for angels:
- Access to opportunities that their cheque size may not allow them to invest in.
- There's no commitment to invest required. Lead investors share their deal flow, Angels review them and can build their own portfolio deal-by-deal.
- There's no sign up fees, investors only pay when they decide to invest.
Benefits for startups:
- Founder friendly structure, with only one investment entity on the cap table.
- Save time & hassle rather than directly liaising with up to 50 angel investors and the related paperwork.
- An easy way for founders to bring on many smart helpful investors they can tap into, without the added admin
Who are Aussie Angels?
The Plus Eight Syndicate runs on the Aussie Angels platform. Aussie Angels is a platform that lets Angels join leading investors in funding the next wave of game-changing Australian startups. Investors can find and join angel syndicates to get access to exclusive startup funding rounds and invest deal-by-deal in world-changing startups. Angels get access to premium deal flow by investing with leads whose incentives are aligned with theirs.The Aussie Angels Syndicate is a trust operated by Aussie Angels Pty Ltd, who is appointed as a professional trustee. The investment structure is a multi-class Australian wholesale unit trust. Each investment in the syndicate is held by a separate Class of units in the trust. Please see Aussie Angels FAQs
Who are the investors in the syndicate?
The investors in the syndicate have to be wholesale or sophisticated investors and are typically Angel Investors. The minimum investment in the syndicate is $5k.
When can I apply for investment?
You can apply to the syndicate any time. To streamline our operations we will run regular deal screening sessions.
How much does the Plus Eight Syndicate invest?
The syndicate will invest $50-$100k per company depending on the demand from investors in the syndicate.
Do you have a minimum round size?
You should be raising at least $200K in your investment round to ensure you can get to your next significant milestone. You should be allowing for a minimum of 18 months runway.
Will you lead our investment round?
We have significant experience and are happy to lead your investment round if necessary. We are more than happy to follow others but will still do our own Due Diligence (DD).
Do you co-invest with others?
We prefer to co-invest with others. Having a diversity of investors on your cap table is good for raising capital in the future.
Will you follow-on in subsequent rounds?
We will generally ask for participation rights and may follow-on depending on what investors in the syndicate want to do.
What should we include in our pitch deck?
Your pitch deck should include:
- Problem
- Solutions
- Market opportunity
- Business model
- Traction
- Competition
- Team
- Financial projections
- Use of funds
Who will we be pitching to?
You will be pitching to senior representatives of Spacecubed including the CEO, Founder and a Director and a Director of Upstart Investments.
What are the investment terms?
We don’t have standard terms and will negotiate on a deal by deal basis where we are the lead investor. Our preference is for priced equity with standard information and participation rights.
What is your timeline for completing investments?
From our first meeting the timeline to complete the investment is approximately 12 weeks including the following:
- Deal Screening (2 weeks)
- Due Diligence (4 weeks)
- Deal Syndication (4 weeks)
- Deal Close (2 weeks)
What value do you provide beyond capital?
Our syndicate is made up of experienced founders, operators, and investors who are committed to helping startups grow. Depending on your needs, we can support you with strategic advice, business development, hiring, fundraising, and operational guidance. We don’t just provide capital — we actively look for ways to open doors and accelerate your progress.
