3173 rounds · 2011 startups · 3663 investors
Person Invested in this round Raised it Closed a fund Mentioned
Amount confirmed Amount is an estimate
Hardware-focused venture fund Melt Ventures has secured $10 million for its first fund, backed by new angel investors and family offices plus earlier supporters, and has already invested in three energy storage startups.
Hydrogen storage startup Endua has raised $7.5 million from QIC, Melt Ventures and 77 Partners to scale its modular hydrogen power banks for microgrid and standalone power markets.
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Ampcontrol, Steber International and the University of Newcastle have launched a 43-foot hybrid vessel in regional NSW, building on earlier prototype work backed by federal grant funding.
Digital lender Alex.Bank hires Oyishi Haque as business development manager for NSW/ACT, citing strong quarterly growth in settlement values and the recent full launch of its secured personal loan product.
Servicely raises $3 million led by Sydney venture fund EVP to expand its AI service management platform internationally, following an earlier $1.2 million raise; its founders came from Keystone, later bought by DXC.
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Cardiac pacing company EBR Systems says its SOLVE-CRT trial hit its safety and efficacy goals early, keeping a 2024 US approval bid on course; the article also recalls its 2021 ASX listing.
Australian hydrogen startup Endua raised AU$11.8 million from QIC, Melt Ventures, 77 Partners, Main Sequence and Ampol to scale modular hydrogen power banks that store surplus renewable electricity for later use.
Jessica Box reflects on leadership lessons from her years in senior product roles during Linktree's rapid growth, covering culture, organisational systems and market moats, before leaving to found her own startup.
Teach Well founder Ingrid Sealey has taken first place for Oceania in the Cartier Women's Initiative, earning a US$100,000 grant for her teacher-training platform, and the program has opened applications for its 2024 cohort.
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Manufacturing roundup covering Nufarm's half-year profit rise, a $6.5m federal grant for Australian Strategic Materials, SciDev's $9.5m contract win, DroneShield's final order payment, and new government industry strategy and technology list updates.
Weekly roundup of seven Australian and New Zealand startup raises, headlined by a previously unreported $32 million seed for banking software venture Constantinople, plus new rounds for six other companies.
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Enzyme-based plastics recycler Samsara Eco announces a multi-year partnership with Lululemon, which makes an undisclosed minority investment, its first in a recycling company.
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Victoria's government-backed investor Breakthrough Victoria is putting $600,000 into Cadmus, a Melbourne maker of university assessment software, as part of an undisclosed round funding its overseas growth.
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Fashion rental marketplace The Volte has secured $4 million in a Series A round headed by eBay's venture arm, coinciding with a commercial tie-up with eBay and royalty payments for designers.
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White Graphene, majority-owned by PPK Group and working with Deakin University, won Boeing's space sustainability pitch competition, securing up to $100,000 to develop boron nitride nanomaterial uses in aerospace.
Black Sky Aerospace has approval to turn its Queensland property into an integrated rocketry site, and earlier received nearly half a million dollars from the Advanced Manufacturing Growth Centre for propellant work.
Melbourne home-loan platform Finspo has secured a $2.55 million Series D to advance automation of mortgage broking, with backers undisclosed; the piece also recalls earlier raises and its purchase of rival Credo.
Steel maker BlueScope commits money and site space at Port Kembla for startup Green Gravity to build a gravity-based energy storage research lab, with construction beginning this month.
Also RenewEconomy
Roundup of manufacturing news: a naval ship delivery, a packaging firm's guidance downgrade, low carbon grants for nine Victorian manufacturers, a Queensland grant, an executive appointment, a truck safety launch, and a US distribution deal.
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Vast Solar signed a letter of intent with Germany's Mabanaft covering potential offtake and equity in its Solar Methanol 1 plant, while ARENA's approved funding for the VS1 solar thermal project stands.
Raiz Invest has launched its Raiz Property Fund, letting users allocate part of their portfolios to residential property, with dedicated property portfolios for its micro-investing and super products.
Australian digital mortgage broker Finspo has closed its Series D round, raising $2.55 million in equity to scale its business and further develop its digital home loan platform.
Square Peg's note on leading a A$32 million seed investment in banking-software startup Constantinople, with AirTree Ventures and Great Southern Bank participating; the bank is also the platform's first client.
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Green hydrogen developer Countrywide Hydrogen has lined up haulage firm 7R Logistics as a potential inaugural customer; the article also recalls HESTA's $100m investment.
Also RenewEconomy
Melbourne AI eye-screening firm Eyetelligence secured US$12 million from Ascertain, the New York healthcare investor's first international deal, and will relaunch in the US under the Optain brand.
Wollongong electrochemist Gerhard Swiegers has won an ARC Industry Laureate Fellowship with $3.7 million in funding for electrolyser research that underpins green hydrogen startup Hysata.
Seabin is launching a third equity crowdfunding campaign via Birchal, hoping to raise $5 million to scale its nature repair impact data offering, with products manufactured by Evolve Group in Brisbane.
A Perth company that recycles lithium batteries has won the inaugural Supercharge Australia Innovation Challenge Award, finishing ahead of Sicona and Roev, and now plans a NSW plant feasibility study with state fund support.
Antler Australia's investor memo profiles Syrax, a decentralised crypto payments gateway founded by Sanjeev Rao and Babak Rafat, which received Antler pre-seed backing in late 2022 and is now seeking follow-on capital.
Cloud provider Nexion Group secured $21 million from Parc Capital to pursue acquisitions, starting in New Zealand. The piece recalls its ASX listing, an earlier merger, and the founders' recent departure.
Plant-based meat maker v2food changed course and is shutting its Wodonga factory after founder-CEO Nick Hazell's departure, with Tim York now chief executive; the story recalls its two Series B raises.
Swedish energy group OX2 has acquired Australian solar developer Esco Pacific for $126 million; founder Steve Rademaker gains $42.8 million plus a possible $17 million earnout, while Shell exits its 49 per cent stake.
ARENA grants $1.43 million to Reactive Technologies for a Victorian trial of its real-time grid inertia measurement technology, with support from DEECA, AEMO, Neoen and the Melbourne Energy Institute.
Biza.io appoints Joe D'Addio to its board, promotes Mark Perry to Chief Growth Officer, hires Peter Hill and Stella Kwok, and plans a Sydney office, recalling its 2022 Series A.
Sydney startup Cassava Bags Australia won Bupa's 2023 eco-Disruptive award for water-soluble cassava bags, having earlier received over $350,000 via Bupa's 2022 program, while a Birchal crowdfunding round remains only an intention.
Also Startup Daily
Two Alice Anderson Fund portfolio startups have partnered to create educational content helping managers support breast-feeding parents returning to work, with pump cushions available for purchase online.
InvestMETS interviews Fortescue's decarbonisation head at Austmine 2023, where he defends the miner's 2030 real-zero plan, citing fuel costs, supply risk, tightening regulation and green price premiums.
Payments firm Airwallex has opened an Israeli operation based in Tel Aviv and appointed Or Liban to lead its Israel and Middle East business, as part of wider regional growth plans.
Ten startups graduate from Curtin University's 2023 Accelerate cohort, spanning health, education, mining and tech; the group shares $100,000 in equity-free money backed by Lotterywest via Spacecubed's IdeaStarter fund.
Feature on tech startups thriving outside Australian capitals, recording Cauldron's seed raise and government backing, with views from investors and founders at regional companies.
Ellerston's JAADE fund says it invested in Nitro Software alongside Potentia Capital, part of the takeover that delisted the document productivity software company from the ASX.
Australia's Clean Energy Finance Corporation commits $80 million to Pacific Equity Partners' decarbonisation infrastructure fund, which closed above expectations at $1.4 billion, and earlier backed a similar Crescent Capital vehicle.
Australian learning platform Go1 is buying Berlin's Blinkist to grow its corporate training offering; deal terms are undisclosed, though Blinkist backer Insight Partners is taking $30 million of Go1 equity alongside the purchase.
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Blockchain provenance startup Everledger, founded by Leanne Kemp, has entered voluntary administration after an expected funding round fell through, with administrators appointed and staff made redundant despite earlier backing from Tencent and others.
Also Startup Daily
Western Sydney metal powder startup Kinaltek has completed a $15 million Series A with investors undisclosed, and previously received a $500,000 grant from the Advanced Manufacturing Growth Centre in 2021.
Debut quarterly letter from SYNthesis BioVentures reporting A$18 million committed to its fund, an A$3.8 million stake in Catalyst Therapeutics' A$11.7 million seed round, and two senior appointments from the SYNthesis Group.
University of Sydney spinout Kinoxis Therapeutics signs a licensing and partnership deal with Boehringer Ingelheim to develop psychiatric treatments, with payments and R&D support worth up to $266 million.