Ledger. Australian venture funding, tracked

3114 rounds · 1967 startups · 3622 investors

Key

Person Invested in this round Raised it Closed a fund Mentioned

Amount confirmed Amount is an estimate


Exit / M&A

Zen Energy sinks despite 11th-hour rescue efforts, blaming volatile market as banks and networks get cold feet

Renewable utility Zen Energy has entered voluntary administration despite regulators clearing Gunvor to buy its retail business; McGrathNicol is administrator and customers moved to AGL.

Also RenewEconomy·RenewEconomy·RenewEconomy

News

Q-Day: why quantum readiness can't wait, with Vikram Sharma, QuintessenceLabs

Allens' Cyber Brief podcast hosts QuintessenceLabs founder and CEO Vikram Sharma discussing quantum computing threats to encryption, harvest-now-decrypt-later attacks, and the governance steps boards should take toward post-quantum readiness.

7 deals

Australian businesses win $22 million in defence development grants

Sixty Australian defence firms share over $22m in the newest round of a federal grants program; seven recipients are named, with awards for manufacturing, infrastructure and capability projects.

Also australianmanufacturing.com.au·manmonthly.com.au

5 deals

Meet the 19 ventures sharing $400,000 to connect women, investors and opportunity

NSW Government grants worth $400,000 across 19 recipients include EnergyLab, Barayamal, Go Remote, Western Sydney Women and Scale Investors, funding events and initiatives aimed at closing the gender funding gap.

Fund close $4m

Medical Angels scrubs up Michael Batko as venture partner to raise $40 million fund

Doctor-led syndicate Medical Angels is turning its backing of 30-plus health startups into a $40 million fund, with $4 million banked, and has recruited former Startmate chief Michal Batko as venture partner.

4 deals

Green hydrogen hopes lift as “headstart” project reaches crucial financial milestone

Orica will proceed with its Hunter Valley green hydrogen plant after a final investment decision, the first under Hydrogen Headstart; earlier government grants to it and CIP's Murchison are recalled.

5 deals

Green hydrogen hopes lift as “headstart” project reaches crucial financial milestone

Orica has reached a final investment decision for its Hunter Valley green hydrogen and ammonia project, confirming government grant support, while other planned Australian hydrogen projects advance slowly or have been abandoned.

Also RenewEconomy

Series A $25m

NRF boosts Southern Launch in $25 million Series A

Southern Launch raised a $25m Series A with $10m from the National Reconstruction Fund, led by Brindabella and Company and including ex-Macquarie executives and Coupland Asset Management, to grow headcount and launch services.

Also SmartCompany·Dealroom·Startup Daily·Space Connect

Series A $28m

Investment in shark skin poised to take off

Sydney aerospace company MAKO has raised $28 million in a Virescent Ventures-led Series A to manufacture Flightfilm, a shark-inspired skin that cuts aircraft drag and fuel use.

Also Virescent Ventures portfolio·mako.aero·SmartCompany·Startup Daily·Startup Daily·Forbes Australia·Defence Connect

Funding announcement

Swiss commodity trader gets approval to buy Zen retail business and PPA deals. Will it take on Big 3?

Competition regulator approval lets Swiss trading giant Gunvor proceed with buying Zen Energy's retail arm and power purchase agreements; terms undisclosed. Article weighs whether the newcomer will challenge Australia's dominant gen-tailers.

Funding announcement

Swiss commodity trader gets approval to buy Zen retail business and PPA deals. Will it take on Big 3?

The competition regulator has cleared Swiss trader Gunvor to buy Zen Energy's retail arm and linked PPAs; terms undisclosed. The article asks whether the deep-pocketed newcomer will challenge Australia's big three gen-tailers.

3 deals

Sierra Raises $950M at $15B, Locking 40% of the Fortune 50 Into Its Agent Platform Before the Labs Go Direct

Analysis of Sierra's $950 million raise at a $15 billion valuation with Tiger Global and GV at the lead, weighing its revenue multiple, Fortune 50 customer lock-in, and competition from OpenAI and Anthropic's ventures.

2 deals

Airwallex worth $16 billion after $460 million Series H

Airwallex has closed a Series H valuing it at $16 billion, with Addition in the lead and eight other backers named; the piece also recalls its December Series G.

Also Startup Daily·Cut Through Venture

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