Eight ANZ startups that raised $67.4 million this week
Eight Australian and New Zealand startups secured a combined $67.4 million in funding across various sectors including agtech, medtech, robotics, and fintech.
Venture capital fund · 24 deals
Sydney, NSW
Every published round Afterwork Ventures 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.
Companies Afterwork Ventures has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Aerotruth | 22 Dec 2022, Seed | 1 | 0 | |
| Avarni | 21 Nov 2023, Pre-seed | 1 | 0 | |
| Blakthumb | 11 Apr 2022, Pre-seed | 1 | 0 | |
| Cotiss | 23 May 2023, Pre-seed | 1 | 0 | |
| Enrola | 2024, Pre-seed | 2 | 1 | |
| Everlab | AI-powered preventative healthcare platform | Dec 2023, Pre-seed | 2 | 0 |
| GridCognition | 2021, Seed | 1 | 0 | |
| Indemn | 4 Feb 2025, Pre-seed | 1 | 0 | |
| Lyka | Subscription fresh dog food maker selling direct to consumers | Jun 2023, Series B | 2 | 0 |
| Matilda Migration | AI-plus-human platform for streamlining Australian visa applications | 27 Sep 2024, Pre-seed | 1 | 1 |
| Medoo | 26 Jul 2022, Pre-seed | 1 | 1 | |
| OneMRI | 18 Aug 2025, Seed | 1 | 0 | |
| OwnHome | 4 Feb 2022, Series A | 1 | 0 | |
| Primary | Treasury software for global growth companies | 18 Sep 2024, Seed | 1 | 0 |
| PropHero | Real estate investment platform | 18 Feb 2022, Pre-seed | 3 | 0 |
| Samphire Neuroscience | 7 Feb 2022, Pre-seed | 1 | 0 | |
| Switchboard | Building the connective tissue of digital supply chain infrastructure, through a cloud-ba… | May 2024, Seed | 1 | 0 |
| Tikpay | Account-based ticketing and payments for public transport | 19 Sep 2023, Pre-seed | 1 | 1 |
| Zenphi | No-code workflow automation platform built for Google Workspace | 31 Oct 2022, Pre-seed | 1 | 0 |
Companies Afterwork Ventures's own portfolio page lists that no published round yet places it in. The page is the source; the round is being looked for.
Fund closes reported for Afterwork Ventures, as distinct from the investments it has made.
| Fund | Announced | Committed | Target | Close | Sources |
|---|---|---|---|---|---|
| - | 4 Jul 2022 | $10m+ | $30m | Interim | Afterwork Ventures portfolio (6 Jul 2022), Afterwork Ventures portfolio (15 Mar 2022) |
Companies Afterwork Ventures has backed that another company then bought. An exit for the holding, not a deal Afterwork Ventures did.
Stories naming Afterwork Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Eight Australian and New Zealand startups secured a combined $67.4 million in funding across various sectors including agtech, medtech, robotics, and fintech.
Weekly roundup: Firmus completes its $2.85b round; Procore acquires DroneDeploy; Atlassian rebounds while Canva cuts guidance; plus fresh raises for Zabidou, BioScout, Vexev, Enrola, Spacetalk and others.
Australian startup Enrola has banked seed funding to scale its AI sales agent after pivoting from an education marketplace, with a new growth head joining.
Also Startup Daily·This Week in Australian Startups·ontargetish.com·bushletter.com·SmartCompany
Melbourne preventative healthcare startup Everlab raised a $65 million Series A led by Airtree Ventures to expand into the UK, with backing from cricketer Pat Cummins.
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.
Profile of Turnto founder Jessica Dove London, who built a health-information platform after her son's rare cerebral palsy diagnosis; the startup has secured $1.1 million pre-seed from angel and fund backers.
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
Weekly roundup of seven Australian and New Zealand raises totalling $42.8 million, spanning property-investment AI, workforce credentialing, allied-health practice software, conversation analytics, maths learning games, copper processing and holiday-park bookings.
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Also web3oclock.com
Missing Perspectives quizzed five women founders about their fundraising, covering raises at Constantinople, Build Club, Matilda, Sense of Self and Xylo Systems, and sharing their pitching advice.
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Also Australian FinTech·SmartCompany·Startup Daily·Australian FinTech·Fintech News Australia·Business News Australia
Weekly roundup of four Australian startup raises: Kismet's $20m seed extension, Primary's $3.5m seed round, Willed's $3m from Seven West Media, and East Forged's $1.5m from a Vietnamese agribusiness's venture arm.
Sydney cash-management startup Primary has completed a $3.5m seed round backed by Carthona Capital and five other funds, with Carthona partner Damian Fox set to join its board.
Also SmartCompany
TEN13's investor letter celebrates passing $100 million deployed, plus fresh backing for iion and Switchboard, team promotions, AutoGrab's overseas growth and NZ-arm sale, and the Mr Yum–Me&U merger.
OwnHome has secured a $31 million Series A, with Square Peg Capital leading and Commonwealth Bank joining, as returning backers double down on its low-deposit route into home ownership.
Breakthrough Victoria defends its spending and investment record against critics urging its abolition, pointing to portfolio companies, university partnerships and recent backing of startups including Aravax.
Sydney AI property-investment platform PropHero raised a $25 million Series A led by Bailador, who provided half, with five other investors participating; Bailador co-founder David Kirk joins PropHero's board.
Also Capital Brief·Startup Daily·realestatebusiness.com.au·proptechnews.com.au·SmartCompany·Startup Daily·Forbes Australia·Forbes Australia·proptechaustralia.com.au
CarbonHQ, a climate startup cofounded by Allen Fan and Eugene Datsky, has secured a $600,000 pre-seed round from Galileo Ventures and Investible to build a platform improving transparency in carbon credit projects.
AfterWork Ventures has promoted Jessy Wu, its first employee, to partner, with its founding partners praising her investment thinking, her advocacy work, and her role in building the firm's portfolio.
AfterWork Ventures announces it joined Avarni's pre-seed round and interviews founders Misha Cajic and Anuj Paudel on their path from school projects to emissions tracking software.
Also Afterwork Ventures portfolio·TechCrunch Australia·avarni.co·Australian FinTech
Podcast interview with OwnHome co-founder James Bowe covering its deposit-boost lending product, the pivot away from rent-to-buy, and its earlier seed and Series A raises.
AfterWork Ventures explains why it co-led transport ticketing and payments startup tikpay's pre-seed round with Black Nova Ventures, Investible, Func Ventures and Metagrove Ventures, citing the founders' deep sector expertise.
Also Afterwork Ventures portfolio·SmartCompany·Startup Daily
Birchal's cofounder argues equity crowdfunding is closing the capital gap for founders outside the big cities, citing Western Australia's FY23 growth and two regional companies reaching the $5 million cap.
Prysm Capital has invested a further $75 million in Sydney pet-care platform Pet Circle, keeping its valuation above $1 billion; the piece also recalls its 2021 Series C and Lyka's June raise.
Also Forbes Australia·Forbes Australia·SmartCompany·Techboard·Startup Daily·SmartCompany
Weekly roundup of six Australian startup raises: Lyka's Series B extension, plus new funding for HydGene, JDoodle, One Future Football, Aquila and Number 8 Bio, with investors and founder comment.
Also RenewEconomy·Startup Daily·SmartCompany·Startup Daily·SmartCompany·RenewEconomy·RenewEconomy
Weekly roundup of seven Australian and New Zealand startup raises, headlined by a previously unreported $32 million seed for banking software venture Constantinople, plus new rounds for six other companies.
Also Startup Daily·Startup Daily·Techboard·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·AgFunderNews·Startup News (WA)·Forbes Australia·AgFunderNews
AfterWork Ventures investment principal Jessy Wu, previously at NAB's venture arm, has compiled a resource of interviews, articles and salary guides to help outsiders prepare for careers in venture capital.
Archangel Ventures' annual review recounts closing its second fund above $32 million, passing $10 million invested in Australian startups, and portfolio raises by Aerotruth, Bare, Trendspek, Pearler and Vively during 2022.
A year-end roundup listing six recent startup raises, giving amounts, lead investors and co-investors for Tic:Toc, 5B, Syenta, Vively, Aerotruth and Potiki, plus each company's stated plans for the money.
Partnership software maker Aerotruth has closed an oversubscribed seed round led by Archangel Ventures, with six other investors joining, to fund global growth and product development.
Also SmartCompany
Aura Ventures' post explains its decision to lead Zenphi's pre-seed round, joined by Afterwork Ventures, citing the founders' Nintex roots and the opening for automation built around Google Workspace.
Also Aura Group portfolio
Proptech PropHero closed an oversubscribed A$8 million seed round co-led by Fifth Wall and Samaipata, with existing backers Jelix Ventures and AfterWork Ventures returning after its 2022 pre-seed.
Also Startup Daily·Startup Daily·Startup Daily·proptechconnect.com
AfterWork Ventures' team reflects on lessons from raising their first community-powered fund, describing their fundraising approach, community generosity, and recognition on The Australian's Innovator's List.
The co-founders of Sydney venture firm AfterWork Ventures have been recognised on the Forbes Asia young leaders list, alongside other regional founders and investors; the firm earlier reached a $10 million first close on its fund.
AfterWork Ventures explains why it led coaching-software startup Medoo's pre-seed round, profiling its two founders' operating backgrounds and arguing workplace trends will drive adoption of coaching tools.
AfterWork Ventures reflects on backing Stropro in February 2020, explaining why the platform opening structured bank products to sophisticated investors fits its unbundling-of-banks thesis and Asia-Pacific ambitions.
AfterWork Ventures explains its pre-seed investment in Tirtyl, a zero-waste cleaning tablet startup, covering the founders' backgrounds, early traction, unit economics, and competitors including ZeroCo and Blueland.
AfterWork Ventures' first-birthday post recalls its founders' angel record, a 2019 micro-fund, a ten million dollar first close five months in, and the launch of its NFT project.
Op-ed by HEX chief Jeanette Cheah for International Women's Day, recounting her recently closed debut raise and praising peer-investing group Afterwork Ventures, women-led funder shebacks.me and migrant talent agency DivTal.