3180 rounds · 2015 startups · 3676 investors
Person Invested in this round Raised it Closed a fund Mentioned
Amount confirmed Amount is an estimate
Prysm Capital has invested a further $75 million in Sydney pet-care platform Pet Circle, keeping its valuation above $1 billion; the piece also recalls its 2021 Series C and Lyka's June raise.
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Property management startup Different has gone into administration with KPMG after failing to raise new capital, despite backing from AirTree and CBA's venture arm; the piece also recalls the failures of Milkrun and Brosa.
Applications open for NSW's program supporting 300 female founders, delivered by Tech Ready Women; alumnus Zondii's founder recalls her 2021 seed raise.
Weekly roundup of five Australian startups announcing raises: Stacked Farm, Sherlok, Readiitel's Readii, Nullify and Baresop, together bringing in $46.9 million from local investors.
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Dragonfly Enviro Capital points to Australian Financial Review coverage reporting the firm is out raising money for a new impact-focused growth fund.
Defender's quarterly fund letter reports Q2 returns, AI and resources holdings, and portfolio company Lyka's second up-round at a stated US$150 million valuation.
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Round 14 of the CRC-Projects program awarded 24 projects a combined $50 million in grants, with named recipients including Gilmour Space, Diraq and Advanced Circular Polymers alongside university and industry partners.
Property management startup :Different has entered voluntary administration with KPMG appointed, after failing to secure further funding; the article recalls its earlier capital raises.
Soil carbon company AgriProve received a Meat & Livestock Australia grant for a six-year research project, with three partnering producers hosting demonstration sites in Queensland, NSW and Tasmania.
Adelaide fintech Sherlok has raised $3.4 million led by Rampersand to expand its AI platform that helps brokers refinance clients' mortgages in one click using open banking data.
Weekly agrifoodtech roundup: raises by Everytable, Bluu Seafood, Hyfe, eFishery, eAgronom and Stacked Farm; fund closes by Omnivore, Innova Memphis and Joyful Ventures; Meituan buys Light Year; Vindara sold; Honest AgTech bankrupt.
A roundup of venture-backed hypnotherapy and hypnosis startups, covering recent funding rounds for Mindset Health, Oneleaf and BehaVR, plus BehaVR's merger with Oxford VR and Pear Therapeutics' bankruptcy.
Tasmanian company Line Hydrogen has won approval for its George Town hydrogen facility, targeting production by year's end, with a $5.5 million federal grant and a planned London SPAC listing.
Ex-Clean Energy Finance Corporation chief Oliver Yates becomes chair of battery developer GMR Energy, which last year acquired Maoneng's storage portfolio and is advancing a grid-scale battery in Victoria with AusNet.
A roundup of Australian manufacturing news: a summit keynote, a product launch, a CEO appointment, an acquisition, a quantum HQ, training and supply deals, and a refrigeration deployment.
Four Australian space companies are named among ten recipients of Moon to Mars Initiative Demonstrator Program grants, sharing nearly $40 million for projects spanning atomic clocks, navigation technology and payload racking systems.
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Roc Partners' outlook page carries a portfolio entry describing broadband network company LBNCo, recalling its 2018 investment and its 2019 acquisition by ASX-listed Uniti Group.
Gold Coast digital bridging lender Funding.com.au promotes internally: Steven Brown becomes Chief Technology Officer and Chris Maamoun steps up to National Sales and Partnership Lead, driving technology and sales growth.
Blackbird interviews Kinde co-founder Ross Chaldecott on lessons from Shopify, Atlassian and Campaign Monitor, Kinde's mission, its authentication product, and the large seed round behind its compound platform build.
Startupbootcamp Australia's blog surveys five fintech trends for 2023, spotlighting alumni AYLA and Pencil, and closes by inviting readers to invest in its Sustainable Fintech Fund.
EnergyLab has picked 10 startups, six of them Australian, for the newest round of its Scaleup Program, which pairs clean energy companies with corporates, backers and mentors to hasten grid decarbonisation.
Virescent Ventures' blog announces its seed backing of HydGene Renewables, an Australian startup whose biocatalyst process converts biomass and organic waste into green hydrogen, linking to the fuller announcement.
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Seedlab Australia, backed by Woolworths, has named fifteen consumer goods businesses joining its Cultivate accelerator, with founders of several participants describing the program's expected benefits for their companies.
Queensland agtech firm Stacked Farm has raised $40 million more, led by Tayside Investments Australia, following a $56 million 2022 raise, while appointing Kerry Smith and Bob East to its board.
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Quantum control software firm Q-CTRL is opening a purpose-built Sydney headquarters for quantum research, product development and commercialisation, backed by NSW and federal government funding, with opening expected late 2023.
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Promo for a recorded interview in which founder Ray Mountfort recounts raising more than $6 million amid the pandemic and taking Essential Queensland from private ownership to the ASX.
A First Nations-led angel network launched in Perth with $500,000 already committed to its fund, ten founding investors named, and backing from the US consulate and Minderoo's Generation One.
Nullify, which uses AI to detect code vulnerabilities, has secured $1.1 million in pre-seed funding from OIF Ventures, Blacknova Ventures, Cyrise and two former XM Cyber founders now at Skylight Cyber.
Ocean Impact Organisation has chosen six startups, three Australian and three American, for the 2023 intake of its ocean-health accelerator, with participants to pitch at a Sydney showcase in November.
Online gin retailer Gintonica has entered administration weeks after being put up for sale, with the article also recalling administrations at Kaddy Group and BoozeBud and Milkrun now operating under Woolworths.
ARENA commits $36.1 million to AGIG's Hydrogen Park Murray Valley 10 MW electrolyser in Wodonga, with Victorian Government and CEFC backing, following Engie's Yuri project as the second such development to reach financial close.
Startupbootcamp Australia launches its 'Startups Start Here' podcast; the debut episode features CEO Trevor Townsend in conversation with Trendii founder Aaron Woolf, who recounts the company's AU$2.9 million seed raise.
Also Startup Daily
Antler's investor memo series profiles Studynash, a platform guiding international students through university and visa applications in Australia, backed by Antler's pre-seed late in 2022.
Roundup of eight Australian startups that together raised $75.6 million across two weeks, spanning health, batteries, EV fleets, edtech and equity crowdfunding campaigns.
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Radium Capital outlines five ways innovation businesses can use its Radium Advances as bridging finance, illustrated with case studies of NeedleCalm, Ground Source Systems and FBR.
Vecco Group has opened a Townsville plant producing electrolyte for vanadium flow batteries, opened by the Queensland Premier who noted prior government backing, with staged capacity expansion planned.
Briefs roundup: space capability database launching, IDT's shareholder plan after a $5m placement, Orthocell's R&D tax refund, Ford job cuts, steel output figures, and a gate safety warning.
Creditors and shareholders approved a deal under which Perth holding company Electro Ventures takes a 39.9% stake in Fremantle e-bike maker Tiller Rides, lifting it out of voluntary administration with creditors repaid fully.
Yadlamalka Energy's South Australian solar and vanadium battery project has finished civil works and started commissioning, with grid supply expected from August; the piece also explains flow battery chemistry and ARENA's funding role.
Dovetail Electric Aviation will integrate Hyundai's HTWO hydrogen fuel cell into ground testing ahead of planned flight trials, with regional airline Rex recalling its April purchase of a twenty per cent stake.
Startupbootcamp Australia revisits its EnergyNext 2022 alumni, detailing each company's progress since the program, and invites founders to apply for the EnergyNext 2023 cohort before 30 June.
Blackbird impact associate Alissa Lucas recounts leaving corporate law for an in-house legal role at the venture firm, her shift into impact work, and an open analyst position on her old team.
Insurer nib has injected a further $15 million into Brisbane online prescriptions platform Midnight Health's Series B, lifting its holding to 77%, having backed the company since 2021; rival Eucalyptus recently banked $50 million.
Queensland Covid test maker Ellume has been wound up after Gold Coast bidder Hough Consolidated failed to pay a deposit, collapsing its $56m takeover; creditors await an estimated return.
Melbourne sales-training video startup frntlne has raised a $4.6 million seed round led by RealVC, with Investible, Hoperidge Capital and Rod Jones taking part; brand clients include Coles and L'Oreal.
Also SmartCompany·SmartCompany
NSW Government expands its Female Founders Program via Tech Ready Women and plans a Sydney landing pad for global startups; program alumna Zondii's earlier seed raise is recalled.
Tattoo-focused buy-now-pay-later provider INKPAY has entered voluntary administration, blaming the cost of incoming rules treating BNPL like traditional credit, with an administrator appointed and a creditors meeting set for late June.