3149 rounds · 1991 startups · 3641 investors
Person Invested in this round Raised it Closed a fund Mentioned
Amount confirmed Amount is an estimate
Australian solar startup 5B secured $20 million from bp ventures within its $55 million Series B, funding technology development, a North American manufacturing hub, and international expansion.
Startup News hands out its fifth annual community-voted awards, honouring WeMoney, Stuart Kidd and Paula Taylor, plus Spacecubed's Golden Ticket won by Matilda, and recaps the year's most-read stories including several funding rounds.
SmartCompany profiles ten Australian startups to watch in 2023, recapping recent funding rounds, one acquisition, and pitch-event and awards results across insurtech, gaming, biotech, death tech and freight.
Also SmartCompany
Deliveroo's Australian arm, in administration with KordaMentha, has proposed an $18.8 million deed of company arrangement for creditors as its UK parent withdraws; grocery deliverer Voly and rival Send also ceased operations this year.
Furniture e-commerce firm Brosa has entered voluntary administration after pandemic-era growth reversed, with administrators appointed to run a sale process; the article also recalls earlier backing rounds.
Also Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily
Podcast conversation with Kite Magnetics founder Richard Parsons on turning nanocrystalline magnetic materials into electric aircraft propulsion, his CSIRO On Prime experience, and the startup's recently completed seed raise.
Startup hub Fishburners has appointed Martin Karafilis as chief executive after an interim period, with plans to support regional founders and expand beyond Sydney.
Roundup of manufacturing news: Fortescue's ammonia locomotive trial, Nova Eye's US regulatory delay, Wellnex completing its Mr Bright acquisition, ClearVue's research tax payment, and a photonic chip breakthrough.
Amber has acquired energy monitoring app Powerpal for $9.5 million. The article also recalls Amber's $13.4 million raise in October, which included NRMA among its investors.
Melt Ventures launched an advanced manufacturing venture fund expecting first close soon and targeting $20 million by March 2023; the piece also recalls earlier backing of Camplify, Gamurs, Greaseboss and other companies.
Antler Australia's investor memo profiles Liively, a pre-seed in-venue delivery startup founded by Norbert Herrmann that brings food and drinks to stadium seats, with major Australian venues taking notice.
Metering firm Intellihub has bought the assets of Pooled Energy, a NSW smart pool retailer that entered administration amid electricity price rises. The article also recalls Intellihub's April purchase of GreenSync and Pooled's ARENA grant.
Pathzero has topped up its Series A with $8.6 million led again by Carthona Capital, lifting that round to $15.6 million. The piece also recalls earlier raises and notes funding by Arvani and Greener.
Also SmartCompany
Melbourne urban analytics firm Neighbourlytics has secured a $1.3 million pre-Series A led by ALIAVIA Ventures, with LaunchVic's Alice Anderson Fund and four existing backers participating, to fund hiring and product development.
Gold Coast bridging lender Funding.com.au relaunched its website after a national TV campaign, and recaps a year including a Series B raise, a new debt facility with MA Financial, and an awards nomination.
Six Australian manufacturers received more than $2.1 million in federal grants from AMGC's Commercialisation Fund, with individual awards going to Hygiene Co, Laronix, Provectus Algae, Process Plants International, Vypex and OptoTech.
Also @AuManufacturing·SmartCompany·Startup Daily·@AuManufacturing
Australian startup Common Fate raised a $3.1 million seed round led by Work-Bench to build developer-focused privileged access management tools, with an open source offering and an early access cloud service.
Australian drone delivery firm Swoop Aero marked a million deliveries, received a USAID grant, added $10 million from Levitate Capital to its Series B, and plans a future raise.
Sydney carbon-accounting startup Pathzero raised an AUD 8.6 million Series A+ extension led by Carthona Capital, with Clyde Bank Holdings and Antler participating, to help financial institutions track financed emissions.
An Australian cryptocurrency exchange has been placed into voluntary administration, freezing tens of thousands of customer accounts, while rival exchanges respond to the FTX collapse with staff cuts.
Also Startup Daily
Investible interviews bluesheets co-founder Clare Leighton about building the financial-automation company remotely from her co-founder, her earlier roles at Uber and DishDash, and its growth and partnerships.
Profile of Pearlii founder Kyle Turner, whose Melbourne AI dental-checkup app followed a 2019 Dream Ventures pitch, tracing his journey from Dubbo to Oxford and the company's pivot to dental products.
Sydney carbon accounting startup Avarni raised $3 million led by Main Sequence, with returning backers Vulpes Ventures and Common Sense Ventures, to grow its supply chain emissions platform and expand into the US.
Also Australian FinTech·insidesmallbusiness.com.au·Startup Daily·SmartCompany·TechCrunch Australia·avarni.co·Australian FinTech
A weekly roundup reporting ten Australian startup funding rounds totalling roughly eighty million dollars, spanning insurance tech, biotech, process mining, connectivity and food, with several female-founded companies among the recipients.
Biotech firm BiomeBank raised $10.65 million from Ellerston Capital, the South Australian Venture Capital Fund and The Hospital Research Foundation to expand manufacturing and advance its microbiome therapies.
Also SmartCompany·Techboard
ARENA awards Infravision a government grant to develop and trial drone-based line monitoring sensors that unlock extra capacity on existing transmission lines, with data supplied to Transgrid.
Also @AuManufacturing
Warrnambool surgical device maker LiVac signed a US purchasing deal with Premier Inc, opening hospitals to its retractor, while recalling earlier backing including a 2013 government grant as it prepares to seek new capital.
ARENA will fund Ark Energy's Townsville hydrogen truck deployment with $3.02 million, conditionally approved, alongside CEFC debt finance and Queensland Government support.
Queensland diagnostics company Microbio raised $3.5 million from existing and new backers, including Ian Frazer and CJ3 Capital, to fund international rollout of its rapid bloodstream infection test, with a larger raise planned next year.
Techboard's monthly roundup reports November 2022 Australian private funding of roughly $678 million across 38 deals, listing closed raises by Vow, Samsara Eco, Advanced Navigation and others, Sprint Ventures' first fund close, and rounds still open.
Also SmartCompany
Agtech firm Farmbot is wrapping up a $5 million Series A+ round led by Telstra, which contributed $2 million, to fund local growth and a US launch under the Ranchbot name.
Also SmartCompany·SmartCompany
Telstra has put another $2 million into water-monitoring agtech Farmbot, its third backing of the business, to support growth and an upcoming United States launch.
Telstra has put another $2 million into water-monitoring agtech Farmbot, its third and largest backing of the company, days after leading a $12 million round in farm communications startup Zenifi.
Also Startup Daily
Profile of Billsmoov, a bill-management startup founded by Justin Roberts and Torsten Herbst, covering its pre-seed backing from Antler, early beta traction, and plans to partner with major Australian service providers.
Insurtech startup Butter has raised 1.3 million dollars in pre-seed funding led by three investors, after taking part in Startmate's Winter22 accelerator, and plans an Australian launch with an EFTPOS marketplace partnership.
Also SmartCompany·SmartCompany
Zetifi, a regional NSW farm connectivity startup, raised a $12m Series A led by Telstra and GrainCorp's ventures fund, with existing backers returning; it earlier won accelerator places, government grants and a Grow-NY prize.
KPMG Australia and Stone & Chalk announced their first Future Technology Program cohort of five supply chain startups, offering hub residency and support; Versed AI is among the recipients named.
Pure Battery Technologies' German subsidiary receives a 36.7 million euro venture debt loan from the European Investment Bank to build a cathode material demonstration plant, while its Kalgoorlie refinery progresses.
Airwallex appoints Kai Wu as Chief Revenue Officer and APAC General Manager to drive growth, while the article also recalls the company's recently announced US$100 million Series E2 raise.
Monash spinout Additive Assurance completed a $4.1 million round led by Significant Capital Ventures with Hostplus and existing backers, funding R&D hiring and a new quality assurance centre in Melbourne.
Also Startup Daily·SmartCompany·@AuManufacturing·@AuManufacturing·@AuManufacturing
KPMG Australia and Stone & Chalk launched their inaugural Future Technology Program, selecting five Australian startups focused on supply chain innovation for a twelve-month residency and support initiative.
Biotech startup Entact Bio has launched with an $81 million Series A funding its Encompass platform, which designs molecules that enhance protein function, backed by Qiming Venture Partners USA, venBio Partners and others.
Roundup of Australian manufacturing news: Matrix Composites raises via convertible note, Cronos hits a sales milestone, Ellen Medical finalists, ASC digitises its supply chain, a hydrogen refueller opens, and Titomic signs a US reseller.
Digital consulting startup FORMM has raised a $600,000 pre-seed round from individual investors who also take on leadership, board and advisory roles, to help mid-sized businesses digitise.
Also SmartCompany
A OneVentures post reports a needle-free vaccine developer raising A$34 million; linked items on the page note Eucalyptus's $1.6 billion sale to a US-listed healthcare firm and Vaxxas naming David Peacock chief executive.
Also Blackbird Ventures portfolio·Startup Daily·SmartCompany·Dealroom·SmartCompany·Startup Daily·Dealroom·Forbes Australia
Vaxxas completed a US$23 million (A$34 million) financing led by OneVentures and UniQuest to advance its needle-free vaccine clinical programs, including a COVID-19 candidate, with board members, management and individual investors also participating.
Also OneVentures portfolio·Brandon Capital portfolio·@AuManufacturing·SmartCompany·Techboard·@AuManufacturing
Sydney digital-twin software firm Trendspek raised a $6.3 million Series A led by Taronga Ventures with IAG's Firemark Ventures, after a 2020 seed round led by Sydney Angels.
Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Dealroom
Square Peg and Wellington Management bought more shares of Rokt from employees and investors in a secondary sale, lifting its valuation, while its earlier funding rounds are recapped ahead of a planned IPO.
Also Forbes Australia
Process mining startup Apromore, spun out of Melbourne University, raised US$10.3 million (A$15.8 million) in Series B funding from Salesforce and GBTEC, and announced a product partnership with Salesforce.
Also SmartCompany·Techboard