Investor · 3 deals
Every published round 500 Global took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Chime Labs | Pre-seed | 7 Apr 2026 | $900k | Lead | Startup Daily (13 Apr 2026), SmartCompany, Startup Daily (7 Apr 2026), Forbes Australia | |
| Phasio | Seed | 11 Oct 2023 | $3.8m | Participant | SmartCompany, Startup Daily, @AuManufacturing | |
| Mercu | Seed | May 2023 | $2.4m | Participant | Startup Daily (23 Oct 2023), Startup Daily (4 May 2023), Flying Fox Ventures portfolio |
Companies 500 Global has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Chime Labs | AI-powered receptionist service for trades and service businesses | 7 Apr 2026, Pre-seed | 1 | 1 |
| Mercu | May 2023, Seed | 1 | 0 | |
| Phasio | 11 Oct 2023, Seed | 1 | 0 |
Fund closes reported for 500 Global, as distinct from the investments it has made.
Companies 500 Global has backed that another company then bought. An exit for the holding, not a deal 500 Global did.
Stories naming 500 Global. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
A roundup of five Australian startups that together raised $30.1 million this week, spanning compliance AI, chemical-industry software, insurance automation, women's health diagnostics and an AI receptionist for trades.
Also Startup Daily·Startup Daily·Startup Daily·theaustraliatoday.com.au
Sydney AI receptionist startup Chime Labs has closed a pre-seed round led by 500 Global with angel backing, to broaden its product for trades businesses and grow headcount.
Tracxn figures show Australian tech funding reached $1.8 billion by mid-2025, powered by large late-stage rounds at Protecht, Airwallex, Harrison AI and Advancell, while seed and early-stage raising fell away sharply.
Peak XV, the former Sequoia India, has picked Relevance AI and Mercu for the ninth Surge cohort, while recalling earlier Australian investments including HealthEngine, Checkbox, Nugit and the collapsed delivery firm Voly.
Weekly roundup covering five Australian startups' raises: Phasio's seed led by AirTree, CLT Toolbox, X-Hemp's crowdfunding, gridmo's first round, and Humpday's pre-seed from Antler.
AirTree Ventures leads a $3.8 million seed round for Phasio, which digitises manufacturer quoting and design collaboration; Gattaca Ventures, 500 Global and Entrepreneur First also back it.
Sample rebranded as Mercu, pivoting from a professional network for essential workers to employee engagement software for deskless staff, and raised a $2.4 million seed round with Sequoia Capital India returning alongside new backers.
Also Startup Daily