Ledger. Australian venture funding, tracked

What happened · 49 rounds · 148 companies · 206 investors

All Funding announcement News Interview Podcast Product launch Key hire Exit / M&A

Undisclosed stage $5m

WA mining software startup CorePlan strikes $5 million

Perth-based drilling and exploration software company CorePlan raised a follow-on round led by existing investor EVP to fund global expansion.

Undisclosed stage $100m

AI data centre startup Firmus Technologies banks another $100 million

Firmus Technologies received a $100 million strategic investment from Maas Group Holdings, taking total funds raised past $900 million in under five months.

Seed $17.8m

AI cybersecurity agent Nullify re-Seeds with $17.8 million

San Francisco-based Australian founded startup Nullify raised a second Seed round to expand its AI vulnerability-fixing agents into mid-sized enterprises and SaaS companies.

Seed $8.6m

Atlassian's first investor leads $8.55 million Seed in Fluency

Melbourne AI documentation startup Fluency raised a US$6m Seed round led by Accel, valuing it around $30m, to fund engineering hires and expansion.

Series D+ $90m

Energy grid digital twin platform Neara turns unicorn with $90 million Series D

Australian grid-modelling startup Neara raised a $90 million Series D led by TCV, valuing the company above $1 billion, funding ML and expansion.

Also Forbes Australia

Series A $11m

Call centre monitoring startup Operata dials in $11 million Series A

Melbourne/US call centre analytics startup Operata raised a Series A led by Tidal Ventures, valuing the business above $100 million, to expand AI-era observability tools.

Series A $10m

Qantas and Airbus back $10 million Series A for methanol startup

Victorian low-carbon fuels company HAMR Energy raised Series A funding from Qantas, Airbus and Thyssenkrupp Uhde to develop methanol-based aviation and marine fuel projects.

Seed $9.9m

Former Canva exec's product mapping startup, Adora, designs $9.9 million Seed round

Sydney-based Adora, founded by ex-Canva product leaders, raised US$7 million Seed funding led by Blackbird Ventures to build AI-powered user journey mapping tools.

Seed $9m

Defence drone and robotics startup Breaker raises $9 million Seed round

Sydney-based defence AI startup Breaker raised $9 million Seed funding led by Bessemer Venture Partners to develop voice-controlled autonomous system software for militaries.

Series B $27m

Restaurant deals app EatClub raises $27 million Series B

Melbourne dynamic-pricing dining app EatClub raised a $27 million Series B led by Marbruck, reportedly doubling its valuation to around $200 million.

Series A $14m

AI sales platform Firmable raises $14 million Series A for global push

Australian B2B sales intelligence startup Firmable secured a Series A led by Airtree to fund US expansion, data development, and AI sales agents.

Series A $10.6m

Construction tech startup Veyor builds $10.6 million Series A

Sydney construction logistics platform Veyor raised a US$7.5 million Series A to expand in the US, led by Marbruck Investments with support from other investors.

Series C $67m

Dog food startup Lyka raises $67 million Series C

Sydney-based fresh dog food subscription company Lyka closed a $67 million Series C led by LGVP, bringing total funding raised to $155 million.

Series A $28m

Green fertiliser startup PlasmaLeap lands $28 million Series A

Sydney cleantech PlasmaLeap raised a US$20m Series A to build fertiliser hubs and expand green ammonia reactor technology for farmers.

Undisclosed stage $17m

Climate tech startup MGA Thermal raises $17 million

MGA Thermal secured $17 million led by IP Group Australia to scale manufacturing and commercial rollout of its industrial thermal energy storage blocks.

Series C $158m

Defence tech scaleup Advanced Navigation charts $158 million Series C to bypass GPS

Sydney navigation startup Advanced Navigation raised a large Series C led by Airtree Ventures, with Quadrant Private Equity and NRFC, to expand PNT technology globally.

Also Forbes Australia

Undisclosed stage $5.7m

Sam Kroonenburg's Cuttable raises $5.7 million, opens in New York

Melbourne AI advertising startup Cuttable raised $5.7 million at a doubled $100 million valuation, expanding to New York amid growing US demand.

Series A $8m

QIC backs $8m Series A for rail maintenance robotics startup

Brisbane robotics firm Future Maintenance Technologies raises Series A funding led by QIC Ventures to expand predictive maintenance tech for rail and aviation industries.

Series A $19m

Cauldron Ferm raises $19 million Series A2 for hyper-fermentation biomanufacturing

Orange-based deep tech startup Cauldron Ferm secured $19 million led by Main Sequence Ventures to scale biomanufacturing technology and meet growing government and corporate demand.

Pre-seed $3.7m

AI insurance broker platform Rosella raises $3.7 million in pre-Seed

Sydney startup Rosella, which automates commercial insurance brokerage workflows using AI, secured pre-seed funding led by Peak XV Partners and Intact Private Capital.

Series A $17m

AI marketing compliance startup Haast pockets $17 million Series A

Haast, an AI compliance startup founded in Sydney but now US-based, raised US$12 million in a Series A led by Peak XV Partners to expand globally.

Seed $5m

Quantum sensing defence startup Deteqt raises $5 million Seed round

University of Sydney spin-out Deteqt, building diamond quantum chip magnetometers for defence and mining, closed a $5 million seed round led by Main Sequence.

Series A $12m

Battery recycling startup Renewable Metals charges up on $12 million Series A

Australian lithium-ion battery recycling company Renewable Metals raised a $12 million Series A to fund a Kewdale demonstration plant and future commercial expansion.

Series A $36m

ANU spinout Syenta raises $36 million Series A to make AI chips

Sydney-based chip packaging startup Syenta raised a Series A led by Playground Global and the National Reconstruction Fund to commercialise its interconnect manufacturing technology and expand into the US.

Series C $70m

Liquid Instruments jags more taxpayer funding in $70 million Series C

Australian-founded test equipment maker Liquid Instruments raised a US$50m Series C co-led by Australia's National Reconstruction Fund and Keysight Technologies for AI-driven instrumentation development.

Seed $4m

AI governance startup pockets $4 million Seed round

Seed $14m

Blackbird leads $14 million Seed round for the 'Canva of financial advice'

AI startup Marloo, built for financial advisers, raised a Seed round led by Blackbird Ventures, bringing total funding to over $18m in under a year.

Seed $1.8m

Data centre water use startup Enaxiom raises $1.8 million Seed round

Sydney climate tech startup Enaxiom, building water-efficient data centre cooling tech, raised a Seed round to expand commercially and grow into the US market.

Undisclosed stage

ProcurePro raises US$11M as French construction giant Bouygues moves from customer to backer

Brisbane procurement software startup ProcurePro closes a US$11 million round led by QIC Ventures, with customer Bouygues joining as an investor via ISAI vehicle.

Series A $25m

Arkeus banks $25M Series A as its drone sensors win Pentagon contracts

Melbourne defence tech startup Arkeus raised $25M in a Series A led by QIC Ventures at a reported $100M valuation, funding Queensland manufacturing expansion.

Undisclosed stage $55m

Ordermentum lands $55m from Five V Capital

Sydney food-and-beverage ordering platform Ordermentum raised $55 million led by Five V Capital, valuing it above $150 million, with some early investors partially exiting.

Series A $6.5m

Birth monitoring startup Oli kicks with $6.5 million in round 3 Series A

Sydney maternal-fetal monitoring startup Oli raised $6.5m in a third Series A tranche to fund clinical trials, regulatory submissions and manufacturing setup.

Undisclosed stage $5m

La Trobe cancer diagnostics spin out AlleSense raises $5 million

Melbourne biotech AlleSense, developing cancer pathology imaging tech, raised $5 million led by Welcome Ventures with Breakthrough Victoria and an AEA grant contributing.

Seed $700k

Adelaide AI martech startup Nitrosend nails $700,000 Seed round

Adelaide siblings behind SmartrMail raise US$500,000 seed funding for Nitrosend, an AI-native email marketing platform built for small businesses.

Pre-seed $1.3m

Antler backs AI robotics recycling startup Oscorp Energy in $1.3 million pre-Seed

Sydney robotics startup Oscorp Energy raised pre-seed funding to build AI systems detecting lithium-ion batteries in waste streams, led by Atlas via its AI VB fund.

Pre-seed $2.4m

Advertising fintech Flyweel nabs $2.41 million pre-Seed

Queensland fintech Flyweel raised $2.41m pre-seed to fund embedded lending, cards and bill pay tools that help businesses finance and manage advertising spend.

Series D+ $460m

Airwallex worth $16 billion after $460 million Series H

Melbourne-founded fintech Airwallex raised a Series H round led by Addition, lifting its valuation 37% amid an AUSTRAC investigation into compliance failures.

Series A $28m

Drag reduction aerospace startup Mako takes off with $28 million Series A

Sydney aerospace startup Mako raised $28 million Series A to fund regulatory approval and manufacturing of its shark skin-inspired drag reduction film for aircraft.

Series A $25m

NRF boosts Southern Launch in $25 million Series A

South Australian rocket launchpad startup Southern Launch raised a $25m Series A, including $10m from the National Reconstruction Fund, to expand launch and re-entry services.

Seed $2m

Melbourne uni brain-chip spinout Fluent raises $2 million

University of Melbourne spinout Fluent, developing a brain-computer interface for speech-impaired people, raised $2 million from several investors.

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