News
Victoria picks nine start-ups for LaunchVic's 30x30 mentoring program
LaunchVic selected nine Victorian start-ups, including Preezie, for a mentoring bootcamp with executives from Atlassian, Uber, Dropbox, Seek and Canva.
Company · Software
Aconex
Construction and infrastructure collaboration software company
Funding history
-
IPO
Investors
Every investor coverage indicates participated in a round Aconex raised.
On a portfolio page
Investors whose own portfolio pages list Aconex, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Glitch Capital | its portfolio page ↗ |
| TDM Growth Partners | its portfolio page ↗ |
Who bought Aconex
The transaction that ended Aconex's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Oracle | Acquisition | undated | ~$1.1b | Blackbird Ventures, buildxact.com |
| - | IPO | 2024 | - | SmartCompany, Blackbird Ventures |
| Oracle | Acquisition | 2018 | $1.6b | SmartCompany (2 Dec 2025), Blackbird Ventures, LaunchVic (15 Oct 2024), LaunchVic (22 Nov 2023), SmartCompany (3 Nov 2023), Our Innovation Fund (14 Mar 2022), Our Innovation Fund (2 Jul 2019), thelawyermag.com |
What Aconex bought
Companies Aconex acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
People
Coverage
Stories naming Aconex. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
3 deals
Cricketer Pat Cummins backs longevity startup Everlab's $65 million Series A
Melbourne preventative health startup Everlab raised a $65 million Series A to fund UK expansion, with Airtree Ventures, Plural, b2venture, Left Lane Capital and cricketer Pat Cummins among the backers.
Key hire
Innovation Victoria | LaunchVic
LaunchVic announces Innovation Victoria, a new body combining its work with Breakthrough Victoria's, with Rod Bristow installed as chief executive and long-time chairs Leigh Jasper and John Brumby departing.
3 deals
ProcurePro raises $15 million to bring AI to construction procurement
Brisbane construction procurement software maker ProcurePro has raised a round led by QIC Ventures with Bouygues aboard, valuing it above $110 million, to fund AI development, hiring and a planned US office.
3 deals
Six months in Austin: BuildPass says the US is already 20% of revenue
BuildPass, a Melbourne construction software maker, says its American business now exceeds a fifth of revenue half a year after opening in Austin, with growth credit from Mighty Partners funding the expansion.
Fund close
$40m
Leonardo AI, Airtasker, Canva and Linktree founders back Side Stage Ventures in $50 million Fund II
Side Stage Ventures has reached a $40 million initial close on its $50 million second fund, backed by founders of earlier wins, while principal Elli Hanson steps up to partner.
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.
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.
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.
2 deals
AI longevity startup Everlab gets better with $15 million Seed round
Melbourne longevity startup Everlab raised $15 million in a seed round with Left Lane Capital leading and AfterWork Ventures returning; the piece also recalls its 2023 pre-seed and Hermann's prior venture sold to Mars.
Also Forbes Australia
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.
Exit / M&A
Looking Back to Look Forward
Blackbird partner Samantha Wong reflects on a decade of the firm's Sunrise conference and Australia's startup ecosystem, recalling Atlassian's Nasdaq listing and Aconex's float and sale to Oracle.
Also OIF Ventures portfolio·OIF Ventures portfolio·thelawyermag.com·SmartCompany·SmartCompany·LaunchVic·LaunchVic
Unnamed stage
$105m
Construction safety scaleup HammerTech nails $105 million raise
Melbourne construction software firm HammerTech has raised $105 million from California's Riverwood Capital, which takes a board seat, with the money earmarked for US expansion and AI development.
Funding announcement
From SaaS to SaiS: A River of Inquiry into how AI is unlocking vertical SaaS
A Blackbird partner argues AI has revived vertical software by turning hard-to-sell customers into product-led buyers, noting the firm recently backed three such startups and recalling Aconex's sale to Oracle.
Also buildxact.com
3 deals
Manufacturing news briefs – stories you might have missed
Roundup of Australian manufacturing news: Matrak closes a Series A, Queensland Pacific Metals receives an R&D tax refund, ARENA funds a household energy trial, Ampcontrol appoints a transformation chief, plus policy and launch briefs.
Also @AuManufacturing
12 deals
Seven ANZ startups that raised $27.4 million this week
Weekly roundup of seven trans-Tasman raises totalling $27.4 million, headlined by Xefco's $10.5 million round, plus Hometime board appointments and Matrak's China expansion.
Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily
Series A
$2.9m
Construction startup lands $2.9 million Series A for China push
Melbourne construction-tech firm Matrak has raised a $2.9 million Series A led by Singapore's G&M Capital, with Our Innovation Fund and Simon Yencken aboard, funding expansion into China and a new Suzhou office.
9 deals
Nine ANZ startups that raised $60.3 million this week
Roundup of the week's funding news: nine companies across Australia and New Zealand secured investment spanning clean energy, construction logistics, legal tech, coaching, research tools, creator media, medtech and marketing software.
Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·LaunchVic
Seed
$2.8m
Logistics startup Veyor Digital raises $2.75 million, plans US growth
Veyor Digital, which builds scheduling software for construction logistics, has raised $2.75 million in a pre-Series A round led by Investible to fuel its push into North America.
Series A
$6.2m
Construction software startup ProcurePro builds $6.15 million Series A for UK expansion
Brisbane construction procurement software maker ProcurePro has secured $6.15 million in a Series A backed by AirTree and Leigh Jasper's Saniel Ventures, funding its push into the UK.
9 deals
Eight Aussie startups that raised $81.5 million this week
Roundup of eight local raises totalling roughly $81.5 million: generative AI, sustainable packaging, VR medical training, optical radar, drinks, preventive health and wholesale retail software.
Also Ten13·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Forbes Australia
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
5 deals
Five Aussie startups that raised $7.5 million this week
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.
Seed
$1.5m
Aconex cofounder and Bluescope back $1.5 million Seed round for proptech software
CLT Toolbox, a Melbourne maker of software teaching builders about mass timber, has raised $1.5 million from BluescopeX, Gravel Road, Archangel Ventures, Flying Fox, Ecotone and several angels.
2 deals
Health regtech startup Zipline banks $10 million for US push
Compliance software firm Zipline.io has secured A$10 million, led by existing backer EVP, to grow in the US, with SecondQuarter Ventures giving staff and early investors liquidity; a prior A$6 million Series A2 closed in November 2021.
20 deals
Christmas comes early for 14 Aussie startups that raised $260 million this week
Weekly roundup covering 14 startup raises totalling over $260 million, headlined by Synchron's $110 million round, plus Roller's shareholder liquidity payout, Partly's record New Zealand Series A, and several government grants.
Also Startup Daily·Startup Daily·Techboard·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup News (WA)·Startup News (WA)
Unnamed stage
Multi-award-winning fintech Adatree successfully closes second funding round
Australian Consumer Data Right platform Adatree closed an oversubscribed second funding round, drawing re-investment from existing backers and new investors including Aconex's co-founders' family offices and MoneyPlace's founder.
Also Techboard·Startup Daily
2 deals
Construction tech startup Varicon nails $2.25 million Seed round
Tasmanian construction cost-management software firm Varicon raised a $2.25 million seed round led by Black Nova with several industry angels, following a smaller raise a year earlier, to support national expansion.
Also Startup Daily
2 deals
19 deals
2021 wrapped: a record-breaking year for fundraising and growth
Square Peg Capital's year-in-review recaps its 2021 portfolio: raises it led or joined, SPAC listing decisions, Vend's acquisition, new investment-team hires, and its newsletter and podcast output.
Also Cut Through Venture·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Techboard·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·myzeller.com·@AuManufacturing·Australian FinTech·Forbes Australia·Dealroom·rswebsols.com·Crunchbase News·TechCrunch Australia
Unnamed stage
$600k
Tint bags $600,000 for tech disrupting the way we buy paint
Paint-tech startup Tint raised $600,000 via an equity crowdfunding campaign on Equitise, with earlier backing from prominent angels, to expand beyond Melbourne and grow its online paint business.
Seed
$4m
OIF, Leigh Jasper back virtual inspection play Inspace
Virtual inspection platform Inspace has secured A$4 million in fresh capital, with Our Innovation Fund leading the round alongside Leigh Jasper, Investible and Artesian. OIF partner Geoff Levy joins the board.
Also OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio
2 deals
4 deals
The $3 million bet on the next construction tech unicorn
OIF's blog republishes an AFR report on Matrak's $3m convertible note round led by Simon Yencken, recalling his earlier seed, Assignar's prior raises, and Aconex's sale to Oracle.
Also SmartCompany