3173 rounds · 2011 startups · 3663 investors
Person Invested in this round Raised it Closed a fund Mentioned
Amount confirmed Amount is an estimate
Collie medicinal cannabis firm Cannaponics matched Birchal's equity crowdfunding record with a fully subscribed $5 million round; two other recent platform raises are noted in passing.
SparkLabs Cultiv8 has picked ten cleantech startups for the first intake of its new accelerator, run from Orange with backing from Cultiv8 Funds Management and several agricultural research bodies.
Biotech incubator CUREator's second round distributes $12 million among 19 health-focused startups, supported by government funding, while a new MedTech program backed by $50 million arrives later in the year.
Weekly roundup detailing seven Australian startup raises totalling $16.4 million, covering Thinxtra, Canopus Networks, Mash, Beamible, Earthodic, Citadel.run and Cleverbean, with investors, amounts and founder backgrounds.
T. Rowe Price marked down its Canva stake by 67.6%, implying a value near $13 billion versus the $40 billion set in 2021; Canva disputes the figure, citing profitable growth.
Substitute-teacher marketplace Swing Education announced a $38 million Series C round led by Apax Partners-advised funds and Reach Capital, with proceeds earmarked for growth and tackling the nationwide substitute teacher shortage.
Also swingeducation.com
Weekly agrifoodtech roundup covering several raises including Neat Burger, Debut and Earthodic, Woolworths buying delivery startup Milkrun, and shutdowns at Anuvia Plant Nutrients and Made By Cow.
Tenacious Ventures writes that it has co-led a pre-seed investment in Queensland coatings startup Earthodic, joined by Investible, Twynam Group and Closed Loop Partners, profiling its recyclable paper coating Paperbarc.
Also Startup Daily·AgFunderNews·SmartCompany·SmartCompany·SmartCompany·SmartCompany
Roundup of Australian manufacturing items: NeuRizer secures $1.5 million against a tax rebate, Matrix wins a riser contract, DroneShield scales production, Anteris reports valve trial results, Carbonix gains certification, Port Kembla berths approved for upgrade.
Sydney dairy tech startup Made By Cow has entered voluntary administration and ceased production, with KordaMentha appointed and its patented milk technology and equipment flagged as possible buyer prospects.
Also AgFunderNews
Hepburn Energy, behind Australia's first community-owned wind farm, has won a federal grant of as much as $500,000 toward a battery at its Victorian site, with Yarra Energy Foundation recently funded under the program.
Victorian online alcohol seller Hairydog has bought the assets of failed rival BoozeBud out of administration, with a relaunch planned and revenue expected to top $75 million.
New Zealand's KKR-backed Education Perfect has bought Victorian school assessment platform Essential Assessment in a deal reported around $40 million, with founder Andrew Spitty and his team moving across.
Also Techboard
Construction materials tracking startup Qflow closed a Series A led by Systemiq Capital to grow in the US and Australia; the piece recalls earlier seed backing and lists construction industry customers.
A Canadian mining technology firm is setting up an Adelaide office, backed by South Australian government program funding, to adapt its rock-fracturing process for lunar mining alongside local research partners.
HR and payroll platform Employment Hero has launched Swag, an app adding an AI-powered jobs board, auto-generated job descriptions and employee benefits to its existing small-business tools.
Employment Hero has launched Swag, an AI-powered hiring superapp for small businesses offering job drafting, candidate matching and employee benefits, putting it in competition with its own backer SEEK.
Melbourne edtech Cleverbean has secured seed backing from Skalata Ventures to supply curriculum-aligned lesson materials that save teachers time, with AI-powered student feedback on its roadmap.
Also SmartCompany·Techboard
Manufacturing news roundup: Fleet Space's oversubscribed Series C, a grant-backed 3D printing research project, an agreed brand acquisition, equipment orders, a cargo drone first flight and industry awards.
Profile of Telecare, a Victorian virtual specialist clinic startup, recalling its 2022 MedAngels-led seed round backed by LaunchVic's Alice Anderson Fund and co-founder Lina Xu's Cartier Women's Initiative Oceania fellowship recognition.
Venture investor Acorn Capital's $6.5 million investment in AI software vendor Complexica lifts outside backing past $31 million since 2021, adding the fund manager to an institutional shareholder register.
Also Startup Daily
Kidly, a marketplace for finding and booking kids' activities, took pre-seed backing from Antler Australia; co-founders Aaron Deutsch and Anna Korol are preparing its Sydney launch and early hires.
A Grok Ventures-led consortium with Quinbrook has agreed to acquire Sun Cable out of administration, reviving plans to ship solar power to Singapore, after Andrew Forrest's side stayed out of the final bidding.
Queensland's CQ-H2 hydrogen hub advances with $117 million in new funding from ARENA, the state government and consortium partners, while Singapore's Keppel joins the consortium to pursue a Gladstone ammonia facility with Incitec Pivot.
Weekly roundup of five startup raises: Fleet Space's Series C, Checkmate's Series A, Adventus's new round, Endua's hydrogen funding and Servicely's raise, with investors named.
Also Forbes Australia
Australia's national science agency says a new hydrogen generator demonstrator project will receive $10 million over six years from Advanced Carbon Engineering; the piece also notes Endua's recent $7.5 million raise.
Three defence contractors and Defence signed an agreement to integrate Navy combat systems locally, while Saab's Adelaide expansion, supported by a $22 million federal manufacturing grant, was also reported.
Non-alcoholic spirits maker Naked Life hopes to raise about $3 million via Birchal crowdfunding to fund global expansion and its low-sugar pantry range, after revenue grew from $400,000 to nearly $13 million in three years.
ClearVue Technologies has received a $2 million Western Australian government grant to build an onshore facility manufacturing photovoltaic and nanoparticle components in WA.
Also RenewEconomy·RenewEconomy·@AuManufacturing·@AuManufacturing
Woolworths has relaunched the collapsed Milkrun brand atop its Metro60 delivery service after buying the name and assets; the piece reflects on the quick-grocery startup's rapid rise, big venture raise and February demise.
Melbourne electric motorcycle maker Savic Motorcycles closed a crowdfunding raise of over $1.22 million on Equitise to fund manufacture of its C-Series bikes.
Profile of Mindset Health's founder brothers and their hypnotherapy apps, covering a fresh $18m Series A and earlier backing from Startmate and James Beshara.
Also Alberts Impact Ventures portfolio·SmartCompany·Crunchbase News
Weekly agrifoodtech roundup reporting funding rounds for Pluton Biosciences, FLINTpro, eFishery and others, a first close by Big Idea Ventures' fund, Wicked Kitchen's acquisition of Current Foods, plus partnerships and launches.
Also AgFunderNews·AgFunderNews
Woolworths has bought the collapsed grocery delivery brand Milkrun and will rebrand its Metro60 service under the name, while other food delivery startups including Voly, Providoor, SEND and CoLab have also shut or been acquired.
Also Startup Daily·Forbes Australia·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·AgFunderNews
Victorian seaweed startup Immersion Group has received an undisclosed investment from Japan's Nissui Corporation, funding a new Geelong-region pilot plant to scale its asparagopsis-based livestock feed product.
NSW Health has granted social enterprise Franklin Women two years of support to grow its team and systems, backing its community and mentoring program for women in health and medical research.
Tenacious Ventures wraps up its food waste podcast series with an episode on losses at the farm, featuring academic Sarah Hulick and Goterra chief executive Olympia Yarger.
Square Peg's note announcing it has joined XFlow's US$10 million pre-Series A, describing the startup's cross-border payments platform for India and its founders' earlier years building Stripe there.
A Melbourne community energy group won a federal grant for a Richmond battery, with its site still undecided, and the piece recalls its earlier Victorian-funded Fitzroy North installation.
Also RenewEconomy
CUREator, the national biotech incubator operated by Brandon BioCatalyst, selects 19 projects for its second funding round worth $12 million, and a $50 million MRFF award will add a MedTech stream.
A Western Australian blockchain traceability startup for food exports has opened a five-million-dollar seed round ahead of its Singapore launch, and has recruited marketing and engineering talent from loyalty and tech firms.
Round four of Tasmania's Advanced Manufacturing Accelerating Growth Program has granted about $870,000 to eleven manufacturers, with individual awards listed for equipment purchases and expansion projects across the state.
Podcast interview in which Bluprintx Group CEO Lee Hackett recounts moving from professional football into business, building a company he sold to a UK plc, then scaling Bluprintx internationally.
Blackbird announces it led Cotiss's pre-seed round. The procurement software startup for small and medium teams, started by three founders, has released the first version of its platform.
Also SmartCompany
Bondi Partners reposts The Australian's coverage of Fleet Space Technologies' $50m Series C round, which Blackbird Ventures led and Bondi joined, valuing the Adelaide-based nanosatellite maker above $350m.
Also Blackbird Ventures portfolio·Startup Daily·@AuManufacturing·Startup Daily·SmartCompany·SmartCompany·Techboard·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·@AuManufacturing·Forbes Australia·satcom.digital·TechCrunch Australia·Space Connect
Techboard's monthly roundup counts 40 Australian startup raises worth $498m in April 2023, headlined by Saluda Medical and Eucalyptus, plus smaller rounds and fund closes by Purpose Ventures and Proto Axiom.
Sydney Earth-observation analytics firm Arlula has banked a $2.2 million seed injection, led by Main Sequence with backing from Black Nova, adding to earlier accelerator support, a pre-seed raise and a state government grant.
Melt Ventures has closed a $10 million fund for hardware-focused climate tech and named its first investments, including Endua's $11.8 million pre-seed round backed by Melt, Main Sequence, QIC, 77 Partners and Ampol.
Also @AuManufacturing·SmartCompany·Startup Daily·Startup Daily·@AuManufacturing