3110 rounds · 1965 startups · 3617 investors
Person Invested in this round Raised it Closed a fund Mentioned
Amount confirmed Amount is an estimate
AfterWork Ventures explains why it led coaching-software startup Medoo's pre-seed round, profiling its two founders' operating backgrounds and arguing workplace trends will drive adoption of coaching tools.
Agtech firm Regrow, once Flurosat, has landed a fresh multi-million-dollar raise on top of last year's Series A, while its co-founder urges Australia to move fast to claim climate technology leadership.
Roundup of agrifoodtech news: numerous venture rounds across food and ag tech, two agreed or completed acquisitions, a multilateral food-security funding plan, a land-restoration tranche, a tempeh grant, and several product launches.
Also SmartCompany
Skykraft has received Australian Space Agency funding for a $1.76 million project upgrading its satellite attitude control system to improve pointing accuracy and enable Earth observation and lunar missions.
Brisbane product and pricing software firm ProductEngine has secured seed backing to grow its team and enter overseas markets, with a venture firm leading and an accelerator supporting the round.
OIF Ventures' note explains its decision to back Neara's A$20 million Series B alongside Skip Capital and Square Peg, describing the infrastructure-modelling startup's technology, utility customers and growth.
Also Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily
WSO2 has closed its Series E growth round at $93 million, bringing in Info Edge's subsidiary RedStart Labs alongside earlier lead Goldman Sachs, with the capital aimed at accelerating its business expansion in India.
Food ordering software firm Fresho has secured a Series A round to fund a United States relaunch after pandemic difficulties, with backing from several named investors and an angel backer.
Agtech carbon platform Regrow Ag, founded by Dr Anastasia Volkova, has closed a Series B led by Galvanize Climate Solutions with prior backers returning, to expand regenerative agriculture programs for food companies.
Sydney content marketing startup Convo Ink has raised a $1.5 million seed round led by 3C Capital and M2 Capital to expand its platform and attention measurement technology.
Pool-focused electricity retailer Pooled Energy has entered administration amid soaring wholesale power costs, with administrators appointed. The article recalls its 2018 ARENA grant and notes Weston Energy lost its gas retail licence.
Also RenewEconomy
Perth firm Mining and Process Solutions, commercialising Curtin University's glycine leaching technology, has been fully sold to Czech chemical supplier Draslovka, with Curtin briefly becoming a shareholder.
Weekly tech wrap: cloud-market trends, Tiger Global's cheques into Stake, Shippit and Carma, new VC funds, several acquisitions, grocery delivery startups Send and Quicko collapsing, and Elaine Stead joining M8 Ventures.
Also Startup Daily
A joint venture fund formed by Hatcher+ and Wholesale Investor has made its first investment, backing the Australian accelerator Startmate. The piece profiles both investors and the program's decade-long track record.
Sydney drone marketplace Aerologix has raised a $4.2 million seed round led by Ellerston Capital and Nightingale Partners, funding research, commercial hiring and plans to expand overseas.
Australian invoice-financing technology company Grapple has raised 6.5 million dollars from local and overseas backers and hired two senior executives as it expands its platform and lending capacity for small businesses.
Profile of move-to-earn fitness app StepN, founded in Adelaide, covering its Sequoia-backed seed round, a later Binance investment, rapid user growth, token economics, and Axie Infinity's struggles.
Startup Daily promotes its Money Milestones panel with SAP Concur, featuring founders of Zero Co, Unhedged and Her Black Book discussing revenue building and fundraising, recalling several earlier raises.
Perth irrigation technology firm SWAN Systems has closed a A$3 million raise backed by AC Ventures and Dutch water-focused PureTerra Ventures, with funds earmarked for export markets; the company earlier received a government commercialisation grant.
Calix received four government funding injections in one week: grants for low-emissions lime, lithium refining and carbon capture projects with Adbri, Pilbara Minerals and Boral, plus an R&D tax incentive refund, totalling $66.19 million.
Software firm The Access Group buys Australian accounting technology provider Reckon Accountants Group for $100 million, its tenth Asia-Pacific purchase in three years; Novatti's earlier stake purchase in Reckon is also recalled.
Fortescue announces leadership changes: Andrew Forrest becomes Executive Chairman as Elizabeth Gaines steps down, Mark Hutchinson to lead FFI, plus new appointments including Guy Debelle as CFO and board director Li Yifei.
MTPConnect has awarded grants totalling almost $900,000 to three medtech projects under round four of its MRFF-backed BMTH program, benefiting two WA companies and one Victorian firm.
Korean backer KCF Energy agreed a US$15 million equity investment in rare earths producer Australian Strategic Materials, building on the consortium's 2021 US$250 million commitment, with a neodymium-praseodymium offtake deal and Hyundai design work underway.
Roundup of manufacturing news: federal grants for four NSW manufacturers, a Victorian plastics recycling investment, Southern Launch's new Adelaide headquarters, AusBiotech's call for speakers, and Queensland grant applications opening.
Also @AuManufacturing
Perth medtech OncoRes Medical announced $12.5 million: a $9.5 million Series A2 co-led by Brandon Capital and Australian Unity, plus a $3 million government grant, and hired a new R&D vice president.
Also Brandon Capital portfolio·Brandon BioCatalyst portfolio·Brandon Capital portfolio·Brandon Capital portfolio·Brandon BioCatalyst portfolio·Startup News (WA)
A Cloud Guru co-founder Sam Kroonenburg joins SecondQuarter Ventures as venture partner as it closes $100 million for fund two; the piece also recalls A Cloud Guru's sale to Pluralsight and Moxiwork buying ActivePipe.
Also Techboard·Startup Daily
Tasmania's government has granted twelve manufacturers a combined $865,000 under its Advanced Manufacturing Accelerating Growth Grants program, backing $2.2 million of private investment and roughly forty new jobs.
Explainer on how the algorithmic stablecoin TerraUSD and its token Luna collapsed in May 2022, recalling Terraform Labs' crypto offerings and venture backing, and the death spiral that erased tens of billions in value.
Crikey uses freedom-of-information documents to report that Liberal Party connections shaped a four-million-dollar federal grant to Perth's Esther Foundation, announced by Scott Morrison ahead of the 2019 election.
Tekt Industries has received a federal Supply Chain Resilience Grant to boost local semiconductor and PCB support, adding inspection and assembly equipment in Melbourne, its third government grant after earlier AMGC and AR project backing.
Victorian aged-care startup Age Up Health has received investment from LaunchVic's Alice Anderson Fund for women-led founders. The piece profiles founder Grace Petherick and notes earlier backing from Skalata Ventures and a Melbourne grant.
Square Peg explains why it invested in Blinq's five million dollar seed round alongside Blackbird, describing the digital contact-sharing product and founder Jarrod Webb's background.
Also TechCrunch Australia·SmartCompany·Startup Daily·SmartCompany
Clear Dynamics has closed a $35m Series B led by existing backers OIF Ventures and Colinton Capital Partners, with new family office and private investment, to fund international expansion of its AI enterprise software.
Also OIF Ventures portfolio·Centerstone Capital portfolio·Startup Daily
Roundup of recent backing in Australia's back-end payments sector, covering DataMesh's raise with NAB Ventures, Airwallex's funding, and recalling Square's Afterpay takeover and Novatti's ATX acquisition.
Also SmartCompany
Voice AI company Curious Thing has secured $7 million in a pre-Series A round led by Hawkstone, with Blacksheep Capital, January Capital and returning backers Reinventure and Qualgro, to fund hiring and expansion.
Also TechCrunch Australia
Sydney IT consultancy Cloudwerx has raised $7 million from CVC Emerging Companies Fund, its first external capital, to fund expansion, double staffing and pursue acquisitions.
Square Peg led a thirty-seven million dollar Series B in animation platform LottieFiles, with XYZ Venture Capital, GreatPoint Ventures, Automattic and returning backers 500 Startups, M12 and Adobe also taking part.
Also Crunchbase News
Three unnamed subsidiaries of listed technology company PPK Group have received federal grants through Deakin University's renewable energy commercialisation hub, with market valuations noted for PPK and its Li-S subsidiary.
The Australian government has granted cement maker Boral $30 million under its carbon capture program to assess Calix's emissions-capture technique, part of a wider pre-election round of grants.
Also @AuManufacturing
The Morrison government quietly granted Zero Degrees Rosella $3 million for a Victorian brown coal-to-hydrogen project, after a $5 million Queensland coal study grant, as election fossil hydrogen funding promises passed $400 million.
Volopay appoints Nirvikar Jain as Global Business Officer to drive its Australian expansion, and the piece recalls the company's US$29 million Series A backed by JAM Fund, Winklevoss Capital, Rapyd Ventures and others.
Property funds manager EG plans a $100 million raise for its incubator EGX, which has already backed Willow, Reveal and FLNT, with a further raise flagged over the next two years.
A consortium led by two Australian universities has received a $50 million federal Trailblazer grant for recycling and clean energy research commercialisation, following hubs announced for Curtin and Adelaide under the same program.
Biotech Glyscend reports its Phase 1 trial of GLY-200 for type 2 diabetes completed safely, and appoints Mark Fineman as Chief Development Officer ahead of a planned US regulatory filing and Phase 2 work.
Glyscend reports its GLY-200 Phase 1 trial finished safely in healthy volunteers, with Phase 2 planned, and appoints Mark Fineman as Chief Development Officer to lead its metabolic disease programs.
Antiviral nasal spray developer ENA Respiratory has joined the Blue Knight program run by JLABS and BARDA, the first Australian company selected; background notes recall its Series A backing by Brandon Capital, Minderoo Foundation and Uniseed.
Brandon Capital reports that ENA Respiratory has become the first Australian company chosen for BLUE KNIGHT, a JLABS-BARDA initiative supporting its intranasal broad-spectrum antiviral spray INNA-051.
Carma raised a Series A backed by General Catalyst, Tiger Global and others, following its 2021 seed round, to fund expansion, inventory growth and new reconditioning facilities.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily
Property investment firm EG says its EGX proptech incubator intends to deploy a further $100 million into early-stage ventures, having already backed Willow, FLNT and New Zealand's Reveal.