3185 rounds · 2019 startups · 3684 investors
Person Invested in this round Raised it Closed a fund Mentioned
Amount confirmed Amount is an estimate
Victorian beef processor HW Greenham & Sons has opened a rebuilt Tongala plant, backed by a $10 million federal grant, lifting daily cattle throughput and adding roughly 230 jobs at full capacity.
Roundup of four Australian raises in early October 2023: Eden Brew's $24.4m Series A, Renewable Metals' $8m seed round, Techni Ice's $979,774 crowd-funded campaign close, and Apollo Secure's $600,000 pre-seed.
Also Startup Daily
WA education startup IDEAcademy has raised A$1.3 million in a round led by Purpose Ventures, whose debut fund has reached $45 million after adding $8 million in fresh commitments.
Profile of Refilled, a Sydney climate tech startup whose refill vending machines dispense drinks into customers' own bottles; backers include angels and Melt Ventures, with machines installed at two universities.
Also Startup Daily
Logistics software firm WiseTech has bought MatchBox Exchange, a Melbourne marketplace for empty shipping containers, paying vendors partly in new shares valued near $27.6 million; the overall price was not revealed.
Antler reaches final close on its second Australian fund with commitments nearing A$60 million, backed by Snow Foundation, Geoff Harris and Roger Allen, and hires early Uber Australia employee Mike Abbott as partner.
Canva launched Magic Studio, ten generative AI tools bundled into existing subscriptions at no extra cost, alongside a royalty program for creators and an enterprise security platform.
Cut Through Ventures' quarterly analysis shows Australian startup funding down 42% year-on-year at A$739 million over 77 deals, with Pet Circle's $75 million Series D from Prysm Capital the period's largest round.
Renewables investor Quinbrook has completed fundraising for its UK-focused Renewables Impact Fund, securing £620 million in commitments (A$1.2 billion), more than a fifth above its £500 million target.
Recap of Shark Tank Australia: laundry platform The Laundry Lady won a record $1 million from Robert Herjavec, while swimwear brand Cinnamon Cove and condom startup Get Down also struck investor deals.
The Defence Department has granted C2 Robotics a third allocation of innovation money to advance its Speartooth underwater drone toward a second-generation prototype and a deployable container system.
Cut Through Angels launched a syndicate letting wholesale investors back the twelve startups in Techstars' Sydney accelerator class of 2023 ahead of Demo Day, with each cohort company and founder named.
QuantX Labs is partnering with satellite specialist SSTL through Airbus Australia to prepare its optical atomic clock for a 2026 low-Earth-orbit demonstration under an Australian Space Agency program.
A quarterly venture funding report shows Australian startups collected $739 million across 77 deals in Q3 2023, trailing earlier periods; SafetyCulture and Lyre's Spirit Co drew the largest rounds while female founders' share improved.
Also TechCrunch Australia·SmartCompany·Capital Brief·Startup Daily·AgFunderNews·AgFunderNews
Precision fermentation company Eden Brew raised a $24.4 million Series A led by Main Sequence, with Breakthrough Victoria and other backers, to commercialise animal-free dairy and relocate from Sydney to Melbourne.
Also @AuManufacturing·SmartCompany·Startup Daily·Startup Daily·Startup Daily·AgFunderNews·AgFunderNews·Crunchbase News
Neara, an energy-sector digital twin platform, has raised a $15.25 million Series B extension with Prosus Ventures leading and prior backers Square Peg and Skip Capital returning, to fund US and European expansion.
Shearwater Capital recounts touring portfolio company Lyka's Sydney pet food factory, noting its follow-on participation in the company's latest raise and an upcoming second facility in Melbourne.
Perth's Plus Eight accelerator has picked six startups for its 2023 program, collectively backed with over $400,000 in seed funding, plus an Israel trip and a December Demo Night slot.
Weekly agrifoodtech roundup: Paine Schwartz closes its $1.7bn food-and-ag fund; several seed and Series A rounds; Tangelo acquires Diet ID; Infarm declared bankrupt; layoffs and partnerships across the sector.
In his weekly column, investor Sabri Suby recounts four pitches, sealing a $150,000 deal for 40% of haircare startup Wuli Grooming while passing on the rest, and explains the risk lens behind each decision.
Optus awards $5,000 technology grants plus mentoring to two founders, including Anthogen Australia's Alison Stokes; the piece profiles the health startup's app for chronic-condition patients.
Alpha HPA's subsidiary Alpha Sapphire has struck a funding deal worth as much as $30m with QIC's minerals and battery technology fund to speed a sapphire production rollout in Gladstone.
The fake-account detection startup announces its $3.25M seed round led by BITKRAFT Ventures with King River, Third Prime, HashKey and an angel participating, naming growth plans.
Startupbootcamp Australia's blog spotlights VoltaRocks, a member of its EnergyNext 2023 accelerator intake, describing an AI app that helps households, small businesses and retailers cut power bills, switch providers and claim rebates.
LaunchVic's CivVic Labs program with VicHealth has selected ten startups, each receiving $15,000 equity-free funding and a design sprint place, with two later competing for $35,000 each.
Novonix's Nova Scotia battery division has secured up to C$3 million in Canadian government R&D funding via NRC IRAP, supporting its dry cathode pilot line and a battery lifespan prediction project with SandboxAQ.
ARN reports IT services firm Tecala has bought NSW automation consultancy rapidMation for $10 million, forming a new ADA unit, after raising $18 million from Armitage Associates last November.
Profile of luggage brand July, built by Melbourne founders Athan Didaskalou and Richard Li with backing including Lachlan Murdoch, covering its pandemic pivot, Olympic team supply deal and retail expansion.
Recap of Shark Tank Australia deals: Holiday Celebration Trees secured a $300,000 handshake deal with Davie Fogarty and Robert Herjavec, alongside deals for Mimi & Co and Wuli Grooming.
Also SmartCompany
Profile of Ajust, whose platform uses AI to route consumer complaints to businesses; its solo founder secured pre-seed backing from Carthona Capital and joined AWS's generative AI accelerator program.
Sydney AI infrastructure-modelling firm Neara extended its Series B by $10M, with Prosus Ventures joining backers Skip Capital and Square Peg, lifting the round to $24M for expansion into Europe and the US.
Roundup of manufacturing briefs: biotech Imugene's share plan added A$18.2 million, EVOS shifted its Brisbane head office, ANSTO won federal backing for nuclear medicine, CSIRO endowed Wollongong scholarships, plus two chief executive appointments.
An Australian hydrogen vehicle maker will trial Korean in-cabin oxygen systems to keep truck drivers alert; the piece also recalls an $85.5m cornerstone investment and a Swedish truck order.
Also Forbes Australia
Biza.io, a Brisbane consumer data right firm, adds three staff: Jessica Booth leads customer success, Colleen D'Arcy joins as HR Business Partner, and Stephanie Robinson becomes Technical Writer.
Startupbootcamp Australia profiles Redgrid, an energy software startup founded by Simon Wilson, recounting its equity crowdfunding raise, backing from Mirvac Ventures, a Microsoft partnership, and work for Monash University's microgrid project.
Sponsored profile of a Sydney indoor-farming firm recalling its 2023 stint at the agrifood showcase, published as entries open for the following year's program.
Geelong carbon wheel maker Carbon Revolution added four US automotive directors and lined up a financing of up to US$110 million with Orion Infrastructure Capital before its expected US sharemarket debut.
LinkedIn's seventh annual ranking of Australia's top startups puts Immutable first and Harrison.ai second; the piece also notes me&u's recent merger with Mr Yum and the Tran brothers' three-year fundraising tally.
Also Startup Daily
The fitness app founder reflects on selling his company to Alta Global Group, sharing five lessons about stakeholder management, compliance, communication, shareholder agreements and patience during an acquisition.
Advanced Navigation opened a machine learning-enabled robotics manufacturing facility at UTS Tech Lab in Sydney, aiming to scale production of GPS-denied navigation systems and deepen its research partnership with UTS.
Redflow has won its largest flow battery contract, supplying 34.4 MWh for a California children's hospital microgrid backed by a US federal energy storage program whose final funding figure is undetermined.
Redflow banks extra placement money atop its August raise; Flinders University plans a space-cyber forum; VEX Robotics partners with a robotics peak body; a munitions venture wins an award; DXN lands a cable contract.
Breakthrough Victoria bought shares in Atmo Biosciences from Planet Innovation, size undisclosed; the article also recalls Atmo's February 2023 Series B and Breakthrough Victoria's earlier investments in three manufacturers.
Traffyk.AI, an employee communications analytics startup founded by ex-CBA executive Kate Abrahams, has secured $1.8 million in seed funding led by backer Matt Williams to improve its product and grow the team.
Queensland's Industry Partnership Program backs Bridgeman Agencies' planned $1.7 million Townsville metal manufacturing facility serving defence, aerospace and construction, creating 14 jobs.
Vast Solar has lined up a share subscription from Canberra Airport Group worth as much as $US10 million ahead of its NYSE listing, with ARENA grant backing for its Port Augusta plant.
Ontario Teachers' Pension Plan is taking majority ownership of GreenCollar by buying KKR's 49 per cent stake, reportedly putting the carbon projects developer's value at $800 million.
Blackbird interviews Tyler Brown about moving from space science into a technical role at automotive data company Partly, covering the firm's data platform work and startup culture, and promoting its Lilypad jobs program.
Perth EV charging startup Wevolt has rolled its software out to charging stations across three more Australian states, having earlier in 2023 won a Western Australian government innovation grant.