Ledger. Australian venture funding, tracked

Company

A Cloud Guru

Cloud computing training platform sold for $2 billion in 2021

Melbourne, VIC

Coverage

Stories naming A Cloud Guru. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

12 deals

Eight ANZ startups that raised $373.3 million this week

Weekly roundup detailing eight trans-Tasman raises totalling A$373.3 million, headlined by Halter's Series E, spanning quantum computing, biomanufacturing, robotics, adtech and agtech, plus a recalled $2 billion founder exit.

Also Startup Daily

11 deals

Six Aussie startups that raised $123.2 million this week

A weekly roundup detailing new funding rounds for six Australian startups: Lyka, PlasmaLeap, Firmable, Veyor, Lumonus and Future Minds Network, with investors and round details.

Also Startup Daily·Startup Daily

2 deals

AI sales startup Firmable bags $14 million to expand to the US

Firmable, which sells AI sales-intelligence tools, has banked a $14 million Series A with Airtree leading, plus angel money from Sue Morphet, Sam Kroonenburg, Martin Hosking and Rob Phillpot, to fund a US push.

Also Startup Daily·SmartCompany·Startup Daily·Startup Daily

2 deals

Aconex and Firmable founder Leigh Jasper to headline Growth Summit in Melbourne

Leigh Jasper keynotes SmartCompany's February 2026 startup event in Melbourne; the profile recalls his Aconex journey to an Oracle sale, Firmable's seed raise and his venture fund roles.

News

Propeller Aero cofounder Rory San Miguel named the 2025 NSW Pearcey Entrepreneur of the Year

Propeller Aero's chief executive Rory San Miguel has won the Pearcey Foundation's 2025 NSW entrepreneur award; the profile traces his path from UNSW clubs and Flirtey to the drone surveying company.

7 deals

Five Aussie startups that raised $85 million this week

Roundup of five Australian raises totalling $85 million: National Renewable Network's Series A, plus Syenta, Cuttable, SprintSuite and Bitwise Agronomy, with lead investors and expansion plans for each.

2 deals

Cuttable tops up seed round with $4.5 million for AI ad platform

Melbourne adtech firm Cuttable has added $4.5 million to its seed round with Square Peg leading, taking total backing to $10 million and valuing the business at $44.5 million ahead of its US push.

Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily

Fund close $50m

Leigh Jasper leads a new $50 million fund backed by Australian unicorn founders

Glitch Capital, a new $50m vehicle led by Leigh Jasper and backed by exited unicorn founders, has completed its first deal, backing Melbourne edtech firm Cadmus.

2 deals

Square Peg Investor Letter Half Year Report 31 December 2024

Square Peg's half-year letter to investors reviews 2024: $146m invested, $220m returned via five exits, fund value up to $3.25bn, plus portfolio raises at Rokt, Constantinople, Exodigo, Cuttable and Supabase.

Also rokt.com·AFR Technology·flux.finance

2 deals

Square Peg Investor Letter Half Year Report 31 December 2024

Square Peg's half-year investor letter reviews 2024: portfolio growth, $220m returned across five exits, a Rokt secondary at a $3.5bn valuation, and recent raises at Constantinople, Exodigo, Cuttable and Supabase.

Also Square Peg Capital·SmartCompany·Startup Daily·SmartCompany·Australian FinTech·Forbes Australia·Dealroom·Dealroom

Series A $22m

Bootstrapped father & son AI startup banks $22 million Series A in 1st raise after 6 years

Brisbane market-research software firm Askable, self-funded since 2017 by a father-son duo, has announced a $22m Series A led by AirTree at a $100m valuation, with Skip Capital and founder angels backing it.

Also SmartCompany

3 deals

Three Aussie startups that raised $9.7 million this week

Weekly roundup of three Australian raises: adtech firm Cuttable's seed round, Fundabl's equity round and SeenCulture's funding, naming investors, plus new Cuttable co-CEOs and a board appointment.

2 deals

An AI guru? Startup luminary Sam Kroonenburg raises $5.5 million for new startup Cuttable

AI ad startup Cuttable, co-founded by Sam Kroonenburg, Jack White and Ed Ring, raised $5.5m in a seed round led by Square Peg with Rampersand aboard; Kroonenburg earlier sold A Cloud Guru to Pluralsight.

Seed $5.5m

Investment Notes: Cuttable AU$5.5m Seed

Square Peg announces its participation in Cuttable's AU$5.5 million seed round. The AI-powered advertising platform was founded by Jack White, Ed Ring and Sam Kroonenburg, and already works with major Australian brands.

Also Square Peg Capital·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·LaunchVic

13 deals

Nine Aussie startups that raised $40.5 million this week

Weekly roundup covering nine Australian startups' new capital totalling $40.5 million, across solar, quantum computing, marketing tech and crowdfunding, plus a look back at Aconex's $1.6 billion Oracle sale.

Also SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Wholesale Investor

2 deals

Alternative liquidity investor SecondQuarter raises $83 million for 2nd fund backed by Andrew Forrest, Sam Kroonenburg & Dom Pym

Secondaries fund SecondQuarter has reached an $83m first close on its second vehicle, aiming past $100m, with founder-angels and Minderoo among new backers; its portfolio includes past sales of ActivePipe and A Cloud Guru.

Also Techboard

2 deals

A Cloud Guru founder Sam Kroonenburg signs on as a partner in SecondQuarter Ventures

A Cloud Guru co-founder Sam Kroonenburg joins SecondQuarter Ventures as venture partner as it closes $100 million for fund two; the piece also recalls A Cloud Guru's sale to Pluralsight and Moxiwork buying ActivePipe.

Also Techboard·Startup Daily

Unnamed stage $25m

Insight Partners backs ‘hype commerce’ startup EQL in $25 million raise

Melbourne startup EQL raised A$25 million led by Insight Partners and AirTree Ventures, with angels and family offices participating, to grow sales teams and improve its product-launch platform.

Also SmartCompany·Startup Daily·Techboard·SmartCompany

2 deals

AirTree launches three new funds totaling $700M AUD

Sydney venture firm AirTree has raised A$700 million across three vehicles — an early-stage fund, a web3 fund and a growth fund — with superannuation funds as backers. Its portfolio includes Canva, Linktree and Immutable.

Also Startup Daily·TechCrunch Australia·Startup Daily·Startup Daily·Startup Daily

5 deals

Startup Daily's most read stories of 2021

A year-in-review of Startup Daily's most-read 2021 stories, recalling major Australian tech exits including A Cloud Guru, Afterpay and Sweat, Canva's soaring valuation across three raises, Zero Co's crowdfunding record, and new VC funds.

Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Fintech News Australia·Business News Australia·Crunchbase News·LaunchVic

News

Finding The Exit: Australian VC exits and market roundup

Commentary piece on VC exit strategies (IPO, trade sale, secondary sale) referencing recent Australian tech M&A deals and venture funding rounds including Sendle, UpGuard, Sonder and others.

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