A leading B Corp-certified holding company with operating platforms and investments globally.
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Ranked amongst top 50 impact companies globally by Real Leaders
Since inception, we have earned an industry-leading track record of financing, operating, fixing, and scaling up companies globally.
Since 2007, Arowana has deployed capital into businesses across three continents, taken five companies public on three exchanges, and built a portfolio that spans AI infrastructure, renewable energy, electric vehicles, vocational education, circular economy, and enterprise software.
Our investment approach is defined by long time horizons, operational involvement, and a conviction that sustainable businesses outperform over the cycle. We do not buy companies to flip them. We buy companies to build them and where necessary, to turn them around.
Current Portfolio Momentum
VivoPower (NASDAQ: VIVO) has pivoted from solar energy to sovereign AI data centre infrastructure, assembling a 358 MW pipeline across Finland, Norway, and the UAE. In February 2026, it completed a $30 million strategic investment from Blue Sky Capital and GCC sovereign family offices.
Tembo is scaling its electric utility vehicle conversion business across East Africa, Australia, the Middle East, and the Philippines, with more than 10,000 fleet vehicle conversions committed. A NASDAQ listing is in progress.
Lumify Group has grown from a single ICT training acquisition for A$4.7 million to Australasia's largest provider of cybersecurity, cloud, and AI training — 30,000 students per year across ten campuses and was named Cyber Security Training Business of the Year in 2025.
Arowana Impact Capital launched AIC Group Holdings, a S$120 million permanent capital vehicle for B Corp succession investing in Southeast Asia.
"Arowana introduced HRM to the Rockefeller Habits and it helped the teams to be galvanised around sales targets, attendance targets, and launched a number of new projects to help grow the business."
Kavery Ayahsamy, Managing Director, HRM Asia (Singapore)
"Arowana introduced its Scaling Up methodology, and that made a huge difference to Thermoscan, streamlining our meetings, processes, and strategy sessions—execution is key in a high-volume business such as Thermoscan and the Scaling Up methodology helped maintain this."
Kelly Alcorn, General Manager, Thermoscan (Brisbane)
"Our team has shared a close working and commercial relationship with the team at Arowana in bringing this greenfield port infrastructure project to operational completion. The combined group has collaborated to work through the hurdles of a new startup infrastructure entity and the recent global challenges posed by COVID. We are extremely appreciative of the support from Arowana."
Freddy Bartlett, Managing Director ICAM (Adelaide)
Historical Case Studies
Since inception, we have earned an industry-leading track record of financing, operating, fixing, and scaling up companies globally.
HRM Asia is a specialist human resources events and media company headquartered in Singapore. It became a wholly-owned subsidiary of Arowana in 2013. During Arowana’s ownership, HRM Asia became the leader in its field in Southeast Asia and more than doubled its revenue and profits.
In 2004, Kevin Chin led a consortium that privatised the distressed SoftLaw Corporation Limited (later named RuleBurst) from being listed on the ASX, then helped drive a turnaround and exponential global scale up
Intueri Education Group was a New Zealand headquartered vocational education group that was established by Arowana in 2010 and scaled up to be the national leader by the time of its IPO in 2014
Acquired in 2013, Thermoscan grew from a Queensland-centred organisation to a national leader in its field across Australia
Managed by Arowana, the Contrarian Value Fund (CVF) was a listed investment company that commenced trading on the ASX in January 2015
In 2018, Arowana launched a private credit fund called the Australian Special Income Opportunities Fund (ASIOF) to provide an alternative source of debt funding to small and medium-sized enterprises (SMEs) in Australia.
