3204 rounds · 2029 startups · 3733 investors
Person Invested in this round Raised it Closed a fund Mentioned
Amount confirmed Amount is an estimate
Weekly roundup detailing six Australian raises: Q-CTRL's Series B extension, plus fresh capital for Mutinex, Atelier, Rosterfy, Build Club and Axify.ai, naming lead investors and founders throughout.
Growth investor HEAL Partners has reached a second close of about A$200 million for its health-and-education fund, with a mid-2025 final close targeted; its portfolio includes Removery and The Fertility Partners.
Alpha HPA's Gladstone plant is producing battery precursor chemicals weekly while it advances a $550m alumina facility; it also received a $14.85m federal manufacturing grant milestone payment in September.
Mutinex has raised $17.5 million from Marbruck Investments, EVP and Archangel Ventures, reaching a $132.5 million valuation, while adding executives and reshaping roles as it pushes into the US.
Also SmartCompany
Two Peel-region manufacturers, ARYZTA and SDR Engineering, received Western Australian regional development grants — for bakery quality equipment and a move into heavy-equipment spare parts respectively — announced by the state's regional development minister.
A physiotherapist's activewear startup for women's pelvic health tops a national female-founder contest, winning a cash prize, with four other founders' ventures also awarded smaller sums.
OneVentures' insights feed highlights a pharma patent-cliff analysis, an AFR feature, Eucalyptus' $1.6b sale to a US healthcare group, and Vaxxas naming David Peacock chief executive.
A news roundup covering a government-backed hydrogen project for Telstra, a climate tech fund's first close, new appointments at a South Australian agency and a feed company, plus export approvals and science prizes.
Also @AuManufacturing
Quantum computing company Q-CTRL has added $87.5 million in fresh equity, expanding its Series B round, with GP Bullhound leading and a group of new and returning backers participating.
Also Forbes Australia·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily
Antler describes its investment in Banqora, which uses machine learning to automate post-trade document handling for financial institutions, and profiles the founders' backgrounds in finance, AI and engineering.
Antler explains why it backed Omma, whose AI-driven hardware lets greenhouse growers breed beneficial insects on site for natural pest control, citing the founders' expertise and early pilot trials with UK farms.
Country Road's Climate Fund has named its second-year grant recipients: RediRobots gets $30,000 for automated textile sorting, Circular Sourcing $139,000 for a surplus-fabric platform, with two biodiversity projects also backed.
Profiles two women whose business ideas won AgriFutures bursaries of $7,000 each for 2024 — one on home food growing, one mentoring vets — with the next grant round's applications closing soon.
Sydney VTOL developer AMSL Aero and the Philippines' BCDA have signed an agreement to explore a hydrogen-powered aircraft industry there, including a feasibility study tied to New Clark City.
Square Peg led Lorikeet's US$5 million seed round for its AI customer-support automation platform, joined by Skip Capital and US angel investors, supporting the team's US expansion.
Also Square Peg Capital·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily
Weekly agrifoodtech roundup covering startup funding rounds, two venture fund closes, executive appointments, and new products such as a disease-resistant banana and 3D-printed protein.
Manufacturing roundup: Noizend's grants and UTS work, PPK's planned Li-S share distribution, a Bathurst recycling trial, Aurecon's CETRI role, an ELA regulatory hire, BioPak's OzHarvest support, and ANSTO's reactor restart.
Adelaide resin maker Change Climate is partnering with three universities in the iLAuNCH Trailblazer program to test whether its bio-based epoxy can survive space conditions for aerospace composites.
A Melbourne biotechnology firm developing a CAR-NK cell therapy for ovarian cancer has completed a fifteen-million-dollar raise to fund its first trial in humans and work toward other cancers.
BluGlass will supply GaN laser chips for an underwater LiDAR project alongside Macquarie University and defence firm Aurizn, with backing from a government seed grant; revenue so far is immaterial.
Fund manager GSFM has appointed Robert Johanson as chair from October 2024, succeeding founder Andrew McKinnon, who is retiring from the executive chairman role he has held since 2017.
Investment manager GSFM names Robert Johanson its new board chair from October 1, taking over from retiring founder Andrew McKinnon.
Australian neurotech firm Synchron reported year-long trial results showing its brain implant was safe in six US patients, including one who used Amazon's Alexa by thought alone, keeping it ahead of Musk's Neuralink.
Fund manager GSFM has appointed Robert Johanson as chair effective October 2024, succeeding founder Andrew McKinnon, who retires after holding the executive chairman role since 2017.
Zitcha, an Australian retail-media advertising technology company, has secured $15 million in Series A funding, with US firm VMG Partners leading and OIF Ventures also involved, to support its American expansion.
Government energy agency ARENA announced $9 million in funding for Jet Zero Australia's Townsville sustainable aviation fuel project, with Queensland adding $5 million toward the FEED study; Qantas, Airbus and Idemitsu Kosan are consortium partners.
Roundup of six Australian funding rounds this week: InDebted, Evolt, Restoke.ai, Mary Technology, Matilda and Demtech.ai, with investors, amounts, InDebted's valuation and a secondary component for early backers and staff.
Also Australian FinTech·SmartCompany·Startup Daily·Australian FinTech·Fintech News Australia·Business News Australia
Quarterly tally finds ANZ startups raised far less than the prior period, with Hammertech's raise the largest, SafetyCulture pairing capital with a stake sale, AI firms prominent, and women founders still drawing little backing.
Global Sisters' Sister Pitch event with Dentsu steered $1m-plus to a dozen Australian ventures led by women; GTAB Parfum, Soni Health and Chocolate On Purpose were standouts, and Google.org funded a 2023 pilot.
Atlassian has rolled out Team Anywhere, a remote-friendly policy pitched at staff resisting Amazon's office mandate; an Atlassian executive blames 'fake work' for poor productivity, and Australian home-working data is cited.
Tasmania will pay ReNu Energy as much as $8m toward its green hydrogen project, with payments tied to hydrogen delivered to customers and a final investment decision due by September 2025.
First Graphene will supply graphene for Halocell's perovskite solar modules under a new two-year deal; the partners earlier won a $2 million CRC-P research grant for solar cell work at Halocell's Wagga Wagga plant.
SmartCompany's AI column interviews Jaimee's two co-founders about their women-focused AI companion, still in beta, covering gender bias in AI training data, privacy plans, guardrails and the Techstars Sydney program.
eToro has agreed to buy Australian investing app Spaceship in a deal worth as much as A$80 million, bringing superannuation products into the trading platform's offering.
Vitruvian Partners has gathered €7.3 billion for its VIP V vehicle, beating its target, with pension commitments from CalPERS and CalSTRS and a quarter of the capital already put to work.
Roundup of Australian manufacturing briefs: Provaris bids for a hydrogen tank production cell, Lithium Australia wraps a share purchase plan, QEM launches a rights issue, and Laronix hires a speech pathologist.
Diageo has bought non-alcoholic spirits maker Ritual Zero Proof, its earlier portfolio investment, for an undisclosed sum. Co-founder David Crooch becomes general manager of Diageo's non-alcohol unit.
Also globalventuring.com
Australian hospitality-tech startup Restoke.ai has closed a $5.1 million round led by Rampersand, with Mandalay, Archangels, BC Growth and Stage2 Capital participating, to fund US expansion.
Also SmartCompany·SmartCompany
LaunchVic case study on HammerTech, a Melbourne construction-tech firm and 30×30 alumnus, recalling its Series B raise for international expansion, UK and Ireland offices, and progress toward unicorn status.
Weekly deals roundup: Typeface buys two AI startups, Workday and IBM also acquire, Flink, Intezer, GreenLite and EasyDMARC raise, and Era Ventures gathers $88 million for its debut fund.
Weekly roundup of four Australian startup raises: Kismet's $20m seed extension, Primary's $3.5m seed round, Willed's $3m from Seven West Media, and East Forged's $1.5m from a Vietnamese agribusiness's venture arm.
Roundup: 1414 Degrees locks in as much as $4.7m from Lind Global Fund II; Queensland Hydro awards Borumba dam contracts; FWPA's research chief is retiring; La Trobe and BIRAC sign a biotech corridor pact.
Quantum Brilliance and ParityQC have won a German cybersecurity agency contract within a €35m project to build a field-deployable quantum computer by 2027, the funder's largest research award to date.
Also @AuManufacturing
Crikey reports radiology chain I-MED gave patient scans to Harrison.ai for AI training without evident patient consent, and notes Harrison.ai's backers.
Brisbane cold brew tea maker East Forged secured $1.5 million from GMAA, venture arm of Vietnam's TTC AgriS, its largest external investment, after an earlier federal grant, to expand production and enter Asian markets.
Also SmartCompany·SmartCompany
Farm management firm CropX has bought nitrogen-sensor maker EnGeniousAg, its sixth acquisition, terms undisclosed; staff join the buyer, which recalls a $30m raise in 2023 and earlier sensor deals.
Australian startup Neurode has raised A$5.3 million to bring its ADHD headband, which stimulates the brain's focus region for 20 minutes daily, to market; US beta sign-ups are open.
Sydney cash-management startup Primary has completed a $3.5m seed round backed by Carthona Capital and five other funds, with Carthona partner Damian Fox set to join its board.
Also SmartCompany
Kismet has raised a further $20 million to complete a two-part seed round totalling $32.5 million, with new backer MassMutual Ventures joining Prosus and Airtree; the healthtech startup plans international expansion.
Also SmartCompany