3135 rounds · 1982 startups · 3629 investors
Person Invested in this round Raised it Closed a fund Mentioned
Amount confirmed Amount is an estimate
Podcast interview with Soter Analytics co-founder Matt Hart on the Perth-born workplace-safety wearables firm, now London-headquartered, its growth beyond 50 staff and its most recent raise exceeding A$16 million.
Melbourne education data startup Intellischool has raised $3.3 million led by EVP, with support from Save the Children's impact fund and edtech ventures, to grow customers and expand internationally.
Mint Innovation opens a large-scale e-waste biorefinery in Sydney, while its Australian subsidiary Mint Biomining previously received a $4.2 million federal government grant supporting the facility.
Access Group has bought Brisbane reporting and forecasting software firm Fathom, its latest accounting-space acquisition after Reckon Accountants Group and HandiSoft, aiming to serve SMEs and accounting firms across Australia and New Zealand.
Sydney-based Lumachain raised a $19.5 million Series A led by Bessemer Venture Partners with Main Sequence participating, to scale its computer vision AI platform for meat plants globally.
Sydney payments startup Hello Clever closed a seed round led by Vectr Fintech Partners to grow its cashback spending platform and expand use of PayTo, which its system recently used for Australia's first such payment.
Graphite producer International Graphite has installed pilot-scale micronising equipment at its Collie facility, ready for commissioning, and is set to receive a state government grant for future production facilities.
Seven West Media's venture arm joins Antony Catalano and Alex Waislitz in backing their proptech consortium View Media Group, with cash, capital and media services pushing the package past $100 million; the piece also recalls earlier property media deals.
An Australian founder now leading a US artificial voice company recounts four lessons from building startups abroad, recalling his company's Series A, an earlier venture raise at a marketplace he co-founded, and a past acquisition.
A Melbourne hybrid events startup has taken a new name as it expands internationally, a year after a large seed round led by a local venture firm, and has doubled staff while opening overseas offices.
Also SmartCompany
ChefPrep bought Co-Lab Pantry and relaunched as CoLab, a nationwide gourmet delivery venture, backed by an earlier seed round led by Artesian Ventures and Global Founders Capital.
Also Startup Daily
Roundup covering a defence grant behind ACS's hypersonic component machinery investment, Amcor's planned sale of its Russian factories, Titomic's Middle East reseller deal, and My Berries' Queensland food champion award.
Sportstech maker Muoverti signed a £500K lead investment from Amsterdam's Ganash Invest B.V. to open its next round, after closing a £1.64M seed earlier in 2022; it seeks further convertible commitments.
Victoria granted $900,000 across three new angel networks to back early-stage startups, while LaunchVic grant recipient Archangel Ventures has launched a $25 million venture capital fund.
Skip Capital, backed by Scott Farquhar and Stonepeak, raised its bid for ASX-listed renewable energy firm Genex Power to $0.25 per share, valuing it at $348 million; the board will now consider due diligence.
Azura Ophthalmics won a CUREator grant to fund a two-stage study of its AZR-MD-001 candidate for contact lens discomfort, extending pilot research conducted with UNSW; the incubator program is run by Brandon BioCatalyst.
Brazilian digital firm CI&T is buying Melbourne consultancy Transpire for $23.4 million, adding about 100 specialists, with completion expected in the third quarter of 2022 subject to closing conditions.
Also SmartCompany
Woodside Energy has received a Western Australian government grant towards a renewable hydrogen production, storage and refuelling facility near Perth, matched by Woodside and built with BGC and Centurion.
Also @AuManufacturing
Political data startup Polipedia has secured pre-seed funding and partnered with Pitch Venture Capital, with its founders aiming to aggregate political information and voter sentiment tracking.
New Zealand online grocer Supie has collected NZ$3.9 million from public investors via the Snowball Effect platform, after a prior seed round backed by Icehouse, Enterprise Angels and Arc Angels.
BankiFi raised A$6.8 million from existing shareholders, led by Praetura Ventures, to fund its North American expansion of its embedded banking platform for small and medium businesses.
Also Techboard
BlackRock's climate infrastructure arm is buying Melbourne battery storage developer Akaysha Energy, planning to spend A$1 billion building 1GW of storage for Australia's grid, with FIRB approval already granted.
Also RenewEconomy·Techboard·RenewEconomy·RenewEconomy·RenewEconomy·RenewEconomy·RenewEconomy·RenewEconomy·RenewEconomy
ARENA is giving MGA Thermal 1.27 million dollars to build a pilot thermal energy storage unit near Newcastle, demonstrating steam generation from stored heat for industrial and grid uses.
Also mgathermal.com·RenewEconomy·@AuManufacturing·SmartCompany·@AuManufacturing·@AuManufacturing·@AuManufacturing·RenewEconomy·mgathermal.com·@AuManufacturing·RenewEconomy·RenewEconomy
Blackbird's investment notes explain why it led Sitemate's seed round, tracing the built-world software startup from its 2017 Startmate cohort and pre-seed backing to its collaboration products.
Also Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Forbes Australia·Forbes Australia
Andrew Forrest's private investment company Tattarang is launching Tenmile, a Perth-based $250 million health-tech venture fund that has already backed Emyria and Carina Biotech and partnered with Rock Health.
Motorola Solutions has bought Perth radio equipment maker Barrett Communications, adding HF/VHF critical communications capabilities. Terms undisclosed. The article also recalls Motorola's 2016 acquisition of Gridstone.
Also @AuManufacturing
Nearmap shares jumped after takeover talks with US private equity firm Thoma Bravo were revealed, with a proposed $2.10 per share bid valuing the ASX-listed mapping company at about $1.055 billion.
Biza.io, a Brisbane consumer-data-right compliance startup, has closed a $7.5m Series A with OIF Ventures and Jelix Ventures — its first raise after bootstrapping to profitability under founder Stuart Low, a former Rabobank innovation head.
Also OIF Ventures portfolio·OIF Ventures portfolio·Startup Daily·Australian FinTech·Startup Daily·Techboard·Startup Daily·Australian FinTech·Australian FinTech·Australian FinTech·Australian FinTech
Capitaliz has named Nic Foster as chief executive and Paul Cilia as a non-executive director, strengthening the succession planning platform built by advisory firm Succession Plus.
OneVentures promotes venture credit in Australia, recalling its $80 million first fund, a second fund it is seeking $150 million for, and plans for larger loans as local awareness of venture debt lags the US.
Gold Coast prefab builder ModnPods has secured Queensland government Business Investment Fund backing, the fund's fifth investment, and plans to expand its facilities and grow to roughly 100 staff within three years.
Also @AuManufacturing
Invoice-financing firm Timelio's founding couple have stepped down as a shareholder rights issue raised $7.5 million, with a new chief executive appointed; the piece also recalls earlier backing and a bank unit purchase.
Bailador bought $5 million of secondary shares in telehealth firm InstantScripts, lifting its valuation 10%. The article also recalls Perennial's role in a $10.9 million raise in June 2021 and Bailador's earlier $16.6 million.
Monash University is named among ten international winners of Algorand Foundation grants supporting blockchain research, education and sustainability, including an Algorand Centre of Excellence at the Melbourne university.
Startupbootcamp Australia profiles TwoDots, a member of its 2022 Sports and EventTech program, covering its fan-engagement platform and mentor feedback, with no funding or deals reported.
Zero Automotive commissioned its first single-cab electric mining ute at a Western Australian mine site after delivery to Barminco, the second vehicle funded by METS Ignited's $400,000 project investment.
Tidal Ventures promotes principal Georgina Turner to Partner, while the early-stage fund continues raising for its third seed fund and plans further team growth.
Australian venture firms Airtree, Square Peg and Blackbird have written down their Canva stakes, valuing the design company well below its last raise, amid wider market corrections hitting Klarna and other late-stage startups.
Telehealth platform InstantScripts has taken a $5 million follow-on investment from ASX-listed Bailador, lifting its valuation 10%. The article also recalls a $10.9 million 2021 raise led by Perennial.
Also Startup Daily
Amazon has agreed to buy vacuum maker iRobot for US$1.7 billion, with privacy and antitrust critics warning the deal would extend the tech giant's household data collection through Roomba mapping technology.
Materials developer Kinaltek has signed an agreement letting UPL Speciality Chemicals use its one-step alloy process for catalyst production in India; its Sydney pilot plant was built with a government grant.
Law firm Hall & Wilcox has selected ten startups for its 2022 Frank Lab accelerator, spanning climate, edutech, fintech and art, offering legal support, office space and ESIC points.
Dairy alternative maker All G Foods has raised $25 million, led by UK-based Agronomics, to scale production of its lab-grown milk through precision fermentation.
Also AgFunderNews·SmartCompany·Startup Daily·Techboard·Startup Daily·@AuManufacturing
GetSwift's Australian subsidiary has been put into liquidation with KordaMentha, while its US-listed parent filed for Chapter 11 after court findings over misleading customer deal announcements; earlier ASX listing and raises are recalled.
Also Startup Daily
ARENA is giving Ground Source Systems a grant to demonstrate a solar-powered ground-source heat pump replacing LPG at a NSW broiler farm, with the University of Melbourne supporting the project's data analysis.
Perth tech platform Orijin Plus has appointed ex-Flybuys chief executive John Merakovsky as chairman, plus a board member and CTO, with the article arguing remote work lets WA startups recruit globally.
Startupbootcamp's energy partner interviews SunGreenH2's co-founder about fundraising strategy, investor communication, and dilution, as the green hydrogen startup raises capital to scale.
EGX, tech arm of EG Private Wealth, has bought half of NZ subsurface-mapping firm Reveal and is offering wealthy clients a pre-Series A stake, adding $2 million to its earlier $5.5 million.