3390 rounds · 2154 startups · 3838 investors
Person Invested in this round Raised it Closed a fund Mentioned
Amount confirmed Amount is an estimate
Nubit, building a Bitcoin data availability layer, has secured $8m in seed capital from Polychain and nine other backers, lifting its lifetime funding to $12m before a planned June testnet launch.
Also examinecrypto.com
GPN Vaccines, an Adelaide biotech, has closed a A$18 million Series B1 that beat its 15 million target, co-led by Forepont Capital and Mike Gregg, with Kern Capital joining as a new investor.
Psylo, a Sydney maker of psychedelic therapies, has landed a US$8 million seed round led by Tenmile while moving to the US; earlier raises in 2022 and 2021 are recalled.
Ofload, a Sydney freight software company, has confirmed a $31 million round at a $350 million valuation, half a year after the raise first surfaced; it earlier bought CIA Logistics.
AML3D has received a South Australian government grant to co-fund a project boosting the speed of its wire-arc 3D printers, with work to run from August and add four roles.
DroneShield has opened a larger Sydney headquarters, tripling its research and production space, supported by its recent $115 million capital raise, with plans to grow headcount and counter-drone output.
Sydney logistics platform Ofload has confirmed a $31 million raise, with Yarra Capital Management leading, to fund its newly launched emissions tracking tool, valuing the firm at $350 million.
Also Forbes Australia
Melbourne startup Subble, which helps businesses manage and save on their software subscriptions, has closed a $1 million pre-seed round from entrepreneurs Jordan Walsh and Leon Hayes of Haystack Capital.
Also ARN (ARNnet)
Raiz Invest founder George Lucas has raised $2.5 million pre-seed for YBL.AI, which builds AI assistants for financial advisers, and plans to move the company's domicile to the US.
Vast Renewables and Germany's Mabanaft gain planning consent for the Solar Methanol 1 green methanol plant in South Australia; ARENA's $65 million backing and a German grant for Mabanaft are noted.
A Blackbird partner argues AI has revived vertical software by turning hard-to-sell customers into product-led buyers, noting the firm recently backed three such startups and recalling Aconex's sale to Oracle.
Also buildxact.com
Aura Group introduces Elijah Su'a as a quantitative researcher, citing his modelling and forecasting projects and honours study in maths and statistics at Macquarie University.
Roundup of three Australian raises: telehealth player Updoc landed $20m from listed investor Bailador, AI receptionist builder Phonely joined Y Combinator's Summer 2024 batch with US$500k, and Citizen Wolf crowdfunded over $380,000 via Birchal.
Also Startup Daily
Elexon has opened a larger electronics facility after a fire, with a state minister highlighting the government's $890,000 grant that helped the Queensland manufacturer expand capacity, cut costs and create jobs.
Phonely, a Melbourne maker of AI receptionists, has secured US$500,000 from Y Combinator to fund team growth and new languages; shorter items note an AI board advisor, a government AI program, and OpenAI news.
Also SmartCompany
Aura Group announces Sabrina Zeng has joined Aura Ventures in a corporate development role, bringing banking, startup ecosystem and academic experience.
KPMG administrators took control of ProForm Foods, the company behind the Meet brand, and the piece recalls earlier raises at v2food and All G Foods as the plant-based sector cools.
Vast Renewables' Port Augusta methanol plant has won planning approval; the article recalls February funding commitments from ARENA and a German government program for construction.
A federal minister flagged work on a grid data exchange, with ARENA funding AEMO and AusNet's design effort and backing GridWise Energy Solutions' software to connect renewables.
ARENA grants GridWise Energy Solutions $337,000 toward its Dynamic Model Validation project, an online platform that lets renewable generators pre-check their models for faster grid entry.
Also RenewEconomy
ARENA has granted AEMO $1.2 million, with AusNet as partner, to design shared digital infrastructure for integrating consumer energy resources into the National Electricity Market, building on the earlier Project EDGE trial.
A profile of Startmate ranking the twenty most valuable companies it has backed, noting their valuations, past raises and founders, plus Bugcrowd's newly announced purchase of Informer and its climate focus.
Tyrecycle has received a Tasmanian government grant to upgrade its facility so the state's end-of-life tyres can be processed locally into alternative industrial fuel; it has also opened a Western Australian plant.
Antler-backed pre-seed venture Huddled offers a platform for university student community and engagement; the memo notes beta growth, EdTech partnerships, and backing from Edulastic co-founder Aditya Agarkar alongside Antler.
RenewEconomy profiles Komo Energy's community-backed Grong Grong solar farm as it starts feeding the grid, recounting its crowdfunding and government grant support, battery plans, and lessons on networks and shared ownership for small developers.
Harrison Manufacturing's CEO argues free-market critics of the Future Made in Australia policy ignore government-shaped global trade; her lubricant maker took an R&D grant for its lithium-yield venture, Harrison SPARC.
Oracle network Switchboard has banked a $7.5m Series A, jointly led by Tribe Capital and RockawayX; Solana Foundation, Aptos and StarkWare also took part, three years after a $3.5m seed.
Also smartliquidity.info
A Brisbane dessert maker has opened a highly automated factory, with robotics built by Mexx Engineering and a $2.5m Queensland government grant funding the equipment, adding 56 roles by 2026.
KPMG insolvency practitioners now run plant-based meat firm Proform Foods, which trades on during a sale process; the piece recalls Harvest Road's 2021 minority stake, reportedly near $5 million.
Electronics maker Elexon Group has reopened in Brendale, Brisbane, nine months after a fire destroyed its factories, touting a rebuilt Industry 4.0 facility; a state minister recalls an $890,000 government grant aiding the recovery.
SmartCompany reports digital health platform Updoc raised $20 million from ASX-listed investor Bailador, its first external capital, and notes the telehealth sector's recent funding activity, including InstantScripts' earlier sale to Wesfarmers.
Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·Forbes Australia·Forbes Australia·Forbes Australia
Sekuro has released a managed XDR service built on CrowdStrike and AWS technology; the piece also notes its recent appointment of Scott Waters as a security adviser serving federal government agencies.
Six Western Australian innovation programs share $547,300 in the latest X-TEND WA grant round, with applications for the next round open and the maximum grant now $150,000.
Opinion piece on the buzz around a musical number promoting Canva's enterprise offering at its Los Angeles event, noting cofounder Cliff Obrecht's approval, huge viewership and the company's US listing ambitions.
News roundup: Cyclopharm's $20m placement, Eden Innovations' first Holcim orders, Rio Tinto and BHP electric haul truck trials, a hybrid boat's marine award, and a national rail procurement database launch.
CRDC announces the launch of Agricultural Innovation Australia's Environmental Accounting Platform, giving farm sectors a standardised way to measure carbon; nine rural research and development corporations invested in building it.
Podcast episode featuring Constantinople co-founder Mac Duncan discussing why bank core technology is outdated, his company's cloud platform for banks, its funding history, and its foundation customer Great Southern Bank.
Weekly roundup covering seven ANZ startup raises — Bare Funerals, Humii, WeMoney, CLT Toolbox, Clean Slate Clinic, SpatialGPT and Great Wrap — plus LaunchVic's $900,000 into Paul Little's Skalata fund.
Startup Daily's The Ask column pitches Reach Alternative Investments, a Sydney-founded platform giving smaller investors access to leading global private equity and credit funds, to potential backers ahead of its fundraising deadline.
Analysis of rising shareholder activism: Lendlease's chairman departs under Tanarra pressure, activists push Karoon over dividends, Tanarra surfaces on Bapcor's register, and L1 Capital runs an activist fund.
Forbes Australia profiles Canva's enterprise relaunch after a demo with COO Cliff Obrecht, covering new sales, marketing and HR tools; Airtree's co-founder recalls the firm's early backing of the company.
Cartier’s 2024 Women’s Initiative honoured 33 women entrepreneurs with tiered grant prizes, including Australians Alison Harrington of Resparke and Frances Bilbao of Mums Matter Psychology and New Zealand’s Simran Kaur of Girls That Invest.
Weekly roundup listing seven Australian startups and their raises, totalling $17.7 million across AI, packaging materials, fintech, digital health, music licensing, construction software and swimwear.
Also Startup Daily
Profile of scientist-entrepreneur Andrew Wilks tracing his path from cancer research to founding drug developer Cytopia and launching SYNthesis BioVentures, a therapeutics fund that recently secured $30 million from wealthy individuals and family offices.
Melbourne payments platform HungryHungry and New Zealand's MOBI have merged, with HungryHungry now running the Wellington business; terms undisclosed. The article recalls earlier angel and seed raises and the founders' sale of OrderMate.
Austria's eologix and Australian sensor maker Ping have merged to build combined wind turbine blade monitoring products, keeping bases in Austria and Australia, with a first joint product planned for 2023.
WeMoney closed a $3 million round from largely existing backers, following its 2020 seed and 2022 raises, and signed a Mastercard Open Banking deal while preparing a larger raise.
Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup News (WA)
Compostable packaging maker Great Wrap raised $5 million backing its distribution partnership with Opal ANZ; new backers include Aryna Sabalenka and RCV Partners, with follow-ons; its $24 million Series A is recalled.
Design platform Canva has launched a genuine enterprise tier with single sign-on, security and brand-management features, while its earlier product becomes a teams offering.