Ledger. Australian venture funding, tracked

3191 rounds · 2021 startups · 3695 investors

Key

Person Invested in this round Raised it Closed a fund Mentioned

Amount confirmed Amount is an estimate


Unnamed stage $150m

Fleet Space on the hunt for hydrogen under mountains

Fleet Space will partner with US clean-fuel startup Koloma to find geologic hydrogen beneath mountain ranges using satellite sensing. The piece recalls Fleet's $150 million raise and Koloma's well-known investors.

Grant

Space Machines, Adelaide University and others developing new robotics testbed

A satellite-servicing firm leads a collaborative effort, backed by program funding, to build a robotic test facility with university and defence partners; its 2026 debris mission earlier received an $8.5 million space agency grant.

9 deals

Seven ANZ startups that raised $42.8 million this week

Weekly roundup of seven Australian and New Zealand raises totalling $42.8 million, spanning property-investment AI, workforce credentialing, allied-health practice software, conversation analytics, maths learning games, copper processing and holiday-park bookings.

8 deals

Eight QLD startups to receive $25,000 in NRL Magic Round Tech Sprint

ASTN, the NRL and Advance Queensland picked eight Queensland startups for the first Tech Sprint under their new three-year Magic Round partnership; each receives $25,000 to tailor its technology to the league's needs.

Also Startup Daily

5 deals

Arena backs Australian factory featuring “breakthrough” in battery storage powders

VSPC, Livium's battery subsidiary, wins a $30 million ARENA grant toward a cathode powder demonstration plant; the piece also recalls funding for AnteoTech, Li-S, Novonix and Energy Storage Industries, plus Redflow's administration.

Also RenewEconomy·RenewEconomy

Unnamed stage $2.3m

AI-based conversation analysis startup raises $2.3 million for sales insights solution

Twine has raised $2.3 million in an Airtree-led round with three angel backers. The startup analyses business conversations to give sales and product teams actionable insight and plans to grow its AI features.

Also SmartCompany

Unnamed stage $11m

Brag Media cofounder sues Richard White-backed Vinyl for $2 million over acquisition deal

Brag Media cofounder Luke Girgis is suing Vinyl Group for performance payments from their 2023 sale; the piece also recalls Vinyl's other acquisitions and Richard White's $11 million investment.

News

“Lost confidence:” Government takes control of Whyalla steel works, as hydrogen plan hangs in balance

South Australia has appointed Korda Mentha administrator over OneSteel Manufacturing, taking control of the Whyalla steelworks from GFG Alliance, while the state's promised hydrogen funding stays uncommitted and sale options are explored.

Pre-seed $600k

Former Sweat exec launches caravan park booking platform after $600,000 pre-Seed raise

Ex-Sweat product chief Josh Volk launches ParkBooker, a reservations platform for holiday parks, this week, backed by a Singapore-based fund and three individual investors in a pre-seed round.

Key hire

Manufacturing news briefs — stories you might have missed

Roundup of manufacturing briefs: FBR's US venture option with CRH lapses, Li-S Energy appoints Rick Francis to its board as a director departs, plus sponsorship, TAFE funding, rate commentary and a hydrogen collaboration.

Pre-seed $600k

ParkBooker raises $600,000 to expand booking options for holiday parks

ParkBooker has completed an oversubscribed pre-seed raise for its holiday-park booking service, backed by Rising Tide Investment and several angels, and will grow the product for travellers and park operators.

Also SmartCompany

6 deals

Best of the week — the five most popular stories among readers, February 10 – February 14, 2025

Weekly roundup: CEA Technologies lands a $272m radar contract, five startups receive federal grants, Victorian factory insolvencies climb, and GFG Alliance's Whyalla Steelworks hunts new financing.

6 deals

$2.5 million in Industry Growth Program grants awarded

Five companies including battery maker Allegro Energy share $2.51 million in the latest federal Industry Growth Program grants; Allegro receives $1.85 million for its redox flow battery technology.

Also AgFunderNews·Startup Daily·@AuManufacturing·Startup Daily·@AuManufacturing

undisclosed $5m

Couple's start-up clinches $25m valuation with Blackbird backing

Melbourne developer-tools startup Factor House closed its first external round — $5 million, led by Blackbird, valuing it at $25 million — with OIF Ventures, Flying Fox Ventures, the Alice Anderson Fund and two angels joining.

Seed $3.5m

Investment Notes: Index

Blackbird's investment note explains why it led Index's A$3.5 million seed round with Bain Capital Ventures, Y Combinator and industry angels, profiling the planning platform built by two former Canva and Atlassian staff.

Also Startup Daily·Forbes Australia

2 deals

ENA Respiratory Receives US$5m Investment from Flu Lab to Support Clinical Development of Novel Intranasal Antiviral Host Defence Immune Enhancer, INNA-051

Melbourne pharmaceutical company ENA Respiratory has received US$5 million from California's Flu Lab to advance clinical testing of its nasal immune-boosting antiviral candidate INNA-051.

Also Brandon Capital portfolio

2 deals

Former Investible boss Rod Bristow signs on as Breakthrough Victoria's new CEO

Breakthrough Victoria, the Victorian government's $2bn investment fund, appoints Rod Bristow, previously Investible's CEO, as chief executive, succeeding inaugural CEO Grant Dooley. The article also recalls Seer Medical's administration.

3 deals

Multi-marketplace online sales platform raises $800,000 pre-Seed round

Shopfront, a re-commerce platform for selling second-hand goods across multiple marketplaces, raised a pre-seed round backed by Antler, Co Ventures, 5H Values Capital, Jampad and angel syndicates, plus eBay grant funding.

2 deals

Shopfront raises $800,000 to make e-commerce easier

Melbourne startup Shopfront has secured $800,000 in a pre-seed round led by Antler, Co-Ventures, 5H Values Capital and Jam Pad Investments, with angel syndicates joining; its founders met through an Antler program.

Also Startup Daily·retailtechinnovationhub.com·startupwired.com

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