3135 rounds · 1982 startups · 3629 investors
Person Invested in this round Raised it Closed a fund Mentioned
Amount confirmed Amount is an estimate
Data management vendor Cohesity has named former VMware executive Sanjay Poonen as its CEO and president, with founder Mohit Aron shifting to a technology and product role while staying on the board.
LaunchVic's sidecar fund for women-led startups has deployed co-investments across eleven companies in year one, with Telecare, Age Up Health and Conserving Beauty named, and targets 60 founders by 2024.
Breakthrough Energy Ventures and Prelude Ventures backed Terabase Energy's Series B, with the article also recalling the fund's earlier investment in air conditioning startup Blue Frontier.
A central Queensland engineering firm has received a government manufacturing grant exceeding half a million dollars to buy rollforming machines and software, expand production into residential steel frames and hire sixteen additional staff.
DataFarming cofounder Tim Neale outlines plans for a $5 million Series A via AgriFutures' growAg platform, describing the company's satellite-based farm data tools and growing agritech investor interest.
Main Sequence announces Danielle Haj Moussa as a new part-time investment analyst, highlighting her mechatronics degree, University Medal, startup program experience and her co-founding of a tech-for-good community.
Australian hydrogen technology company Hysata has raised over $40 million to fund expansion following a breakthrough in hydrogen development, per an AFR report linked from the publisher's site.
Also RenewEconomy·@AuManufacturing·Startup Daily·Techboard·Startup Daily·RenewEconomy·@AuManufacturing·RenewEconomy·@AuManufacturing·@AuManufacturing·@AuManufacturing·Forbes Australia·@AuManufacturing·@AuManufacturing
LaunchVic marks one year of its government-backed Alice Anderson Fund for women-led startups, citing its investments and Telecare's seed round led by Australian Medical Angels.
Adelaide medtech Splose has raised $1 million for its allied health practice management software serving NDIS providers, having earlier received South Australian government funding, and now plans international expansion.
Splose secured one million Australian dollars to expand its practice management software for allied health providers, aiming to automate administrative tasks and improve NDIS service delivery efficiency.
Adtech startup Metigy has entered administration with Cathro & Partners appointed and 75 jobs lost, 20 months after a $20 million Series B; proptech Yabonza also entered administration last week.
Also SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily
Profile of New Zealand fintech Sugar Wallet, cofounded by Dev Soni and Sophia Ritchie, which simplifies investing for beginners and has joined GD1-backed Phase One incubator, with backing from fintech angel operators.
Carbon capture company MCi has opened a Newcastle industrial headquarters and is building a CO2-utilisation demonstration plant on Kooragang Island, backed by a federal government grant of up to $14.6 million.
Queensland robotics company LYRO has raised $1.5 million to scale produce-packing robots, with backing from Artesian/Boab AI, AgFunder and existing backer Toyo Kanetsu.
Also @AuManufacturing·AgFunderNews·AgFunderNews·AgFunderNews
Blackbird reflects on its seed backing of Blinq, a Melbourne startup making digital business cards, explaining the viral SaaS product and founder Jarrod Webb's background.
Palisade Impact's debut impact fund has held an initial close above $400 million, with money already deployed into Gigacomm and Ecosave and Tideline taking a small stake in the manager.
Palisade's real assets arm bought UK anaerobic digestion plant Malaby Biogas outright as the first deal for its new BioticNRG bioenergy platform, with Malaby's managing director joining the firm; a July EMSL purchase is also noted.
Palisade Investment Partners and a co-investor have agreed to sell waste treatment firm Global Renewables Holdings to ASX-listed Cleanaway, with completion expected by end of August 2022 and no conditions attached.
Cut Through Venture's August update rounds up July 2022 Australian startup funding, listing raises from Mx51 to WeMoney, Startmate's newest cohort of twelve, and the beta launch of its investor search tool.
Also Techboard
Australia's defence department has created a five-year geospatial procurement panel anticipating purchases of no more than $20 million, citing Myriota's $5.5 million innovation contract to extend satellite communications for defence sites.
Proptech firm Yabonza has entered liquidation with administrators appointed and creditors owed millions. The piece recalls its past backers and 2020 purchase of Easyshare, plus other local tech collapses and layoffs.
Also Startup Daily
Sydney proptech Yabonza has entered administration owing creditors over $2.5 million, with a sale now sought; the piece recalls its convertible note raise, a $9.5 million property fund, and its 2020 acquisition of Easyshare.
Also SmartCompany
Melbourne luggage brand July will supply cases for Australia's 2022 Commonwealth Games team, after a similar Winter Olympics deal. The profile recalls its $10.5 million raise and pandemic-era revenue slump.
Profile of HowToo co-founder and CEO Lisa Vincent, covering the platform's 2020 launch, its growth, federal grant funding, and backing from three investors.
Profile of HowToo co-founder and CEO Lisa Vincent, covering her move from agency Savv-e, federal grant funding, three venture backers, and plans to expand the learning platform into the United States.
Insurtech Cover Genius has bought ticket-protection specialist Booking Protect, bringing its partners onto the XCover embedded insurance platform and expanding Cover Genius's ticketing and live entertainment presence.
Blackbird profiles The Mintable co-founder Melissa Miller, who recounts volunteering in the Peace Corps, operations roles at Gusto, founding with Lauren Humphrey, fundraising while pregnant, and working across distant time zones.
Taronga Ventures' ESG Impact program has picked twelve startups for its 2022 intake from more than 220 applications, with Australian companies Bardee, BindiMaps and SiteHive among those chosen to advance sustainability in property.
Crikey reports that the designer of an unapproved Australian COVID-19 vaccine, who earlier gathered a million dollars in donations, is now asking for further money while airing conspiracy theories about his project's setbacks.
Digital lender Nectar has opened its Series A round to fund loan-book growth and processing automation, with half a million dollars already committed by current shareholders.
Managed service provider Australian Sentinel received federal 5G Innovation Initiative grant funding supporting a 5G rollout with ferry operator Transdev Sydney Ferries using Cradlepoint routers for CCTV and passenger services.
Australian pool-service franchisor Poolwerx has brought in Ellerston Capital as a growth backer to support local and overseas expansion, joining the manager's private assets portfolio, building on an earlier tie-up with Norwest.
EnergyLab's 2022 Climate Solutions Accelerator has taken ten Australian climate tech startups into its six-month program, backed by $750,000 in total pre-seed funding from angel investors, half again more than the prior year.
A battery materials maker has engaged an engineering firm to run feasibility work on its planned Kalgoorlie refinery hub, a project earlier awarded a large federal manufacturing grant and pursued with a nickel miner.
Servicely, a low-code AI service management platform, has raised its first external funding of $1.2 million from unnamed wealthy individuals and a family office, to fund product development, overseas expansion and sales.
Henkel's venture arm has invested an undisclosed sum in Australian recycled-timber company 3RT, whose founders include Flinders University academics. 3RT also recently received an Advanced Manufacturing Growth Centre commercialisation grant.
Also @AuManufacturing
Melbourne startup Local Threads secured pre-seed backing led by EMQ's Dr Qin Ding with angel support, to build a shopping platform letting customers own and monetise their data.
Digital mortgage broker Finspo has secured $3 million in equity commitments to grow its digital home loan platform and back its purchase of Lanteri Partners' mortgage lending portfolio.
Podcast episode where SwarmFarm Robotics co-founder and CEO Andrew Bate outlines three emerging categories of agricultural autonomy; the publisher discloses it is an investor in the company.
Debt collection startup Indebted raised $22.5 million led by Perennial, doubling its valuation, while cutting 40 jobs; the article also recalls earlier raises and an acquisition.
Blackbird announces its NZ Fund has backed Carepatron's pre-seed round, profiling founders Jamie Frew and David Pene and their all-in-one practice management software for small healthcare providers.
Australian neurotech firm Synchron has implanted its brain-computer device in a US patient, reportedly ahead of Neuralink, which has seen several founders, including Max Hodak and Paul Merolla, depart.
Startupbootcamp profiles Firefly Initiative, a volunteering rewards platform whose co-founders discuss their vision and experience in the accelerator's 2022 Sports and EventTech cohort.
Payments fintech InDebted has closed a $22.5 million round doubling its valuation to $200 million, led by Perennial Value Management, while restructuring with a 17% workforce cut of 40 staff.
Health tech startup Human closed a seed round led by Airtree Ventures with Skip Capital participating, which the founders say is the largest raise by an all-Australian female founding team.
Also Startup Daily·Women's Agenda·Cut Through Venture·SmartCompany·SmartCompany·Women's Agenda
Ignition Lane's weekly wrap reports falling Australian venture funding, lists several startup raises and fund raises, covers Chargefox's acquisition, Volt's closure, the Zip-Sezzle merger termination, and global tech news.
Also Startup Daily·Techboard
Victorian compostable stretch wrap maker Great Wrap has secured an $11 million Series A from impact backers plus $13 million in asset financing, supporting a new Tullamarine plant and coming overseas expansion.
Profile of hydrogen storage maker Lavo: $65 million in pre-orders, utility-scale orders exceeding a billion dollars, grants and investor backing, with regulation and certification named as its biggest hurdles.
Profile of Flagship, a Sydney retail-tech startup founded by Simon Molnar, brother of Afterpay's Nick Molnar, which tracks in-store shopper behaviour using battery-less tags and counts Afterpay's early investors among its backers.
Sustainable packaging firm Great Wrap has closed a $24 million Series A, combining equity from Darren Thomas and Woolworths' W23 with asset finance, to build a potato-waste bioplastics facility in Victoria.
Also SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany