Ledger. Australian venture funding, tracked

Company

3ME Technology

Newcastle, NSW

Coverage

Stories naming 3ME Technology. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

2 deals

Australian Business Growth Fund doubles first cheque size to $30 million

The government-backed growth fund has doubled its largest first-investment size to $30m and may now take majority stakes; it also invested an undisclosed multimillion sum in defence manufacturer Griffin Industrial Group.

3 deals

The Business Growth Fund’s $12 million Hubbed investment is the kind of “sexy” deal VCs might miss

Reports that a fund backed by government and major banks has taken a minority stake in a parcel pick-up network, profiling its patient investment model and recalling an earlier cheque to a clean-energy maker.

Also Startup Daily

2 deals

SaaS startup Capsifi banks $11 million from government-backed investor the Australian Business Growth Fund

Enterprise software firm Capsifi has received an $11 million growth investment from the Australian Business Growth Fund, its first for 2022, to fund international expansion, with the fund's earlier backing of two other startups also recalled.

Also Startup Daily·Techboard·Startup Daily·SmartCompany

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