Ledger. Australian venture funding, tracked

Corporate / CVC · 3 deals

Airbus

Aerospace company partnering with Conflux on the ZEROe project

Coverage

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

15 deals

Cheque-in: 10 ANZ startups raised nearly $193 million this week

Weekly roundup of ten Australian and New Zealand startup raises totalling nearly $194 million, topped by Neara's $90 million round at a $1.1 billion valuation, with Splose, Operata, HAMR Energy and Adora also covered.

undisclosed $10m

AR 2024/25: Breakthrough Victoria's J-Curve Moment

Breakthrough Victoria's CEO reviews its 2024/25 year: growing capital base, strong co-investment leverage, portfolio milestones including Amber's $10m raise, first fellows awarded, and projected economic impact ahead.

Also Startup Daily·Startup Daily·RenewEconomy

3 deals

Series A-focused climate tech VC hits $50 million for fund’s 1st close

Climate Tech Partners has reached a $50 million first close on its debut climate tech fund, backed by Australian Ethical, the CEFC, Qantas, Airbus and Daniel Besen's family office.

News

Keynote speaker announced for Australia’s 50 Most Innovative Manufacturers awards event

Ahead of its 50 Most Innovative Manufacturers awards breakfast, @AuManufacturing names Advanced Navigation chief executive Xavier Orr as keynote speaker, recounting his company's gyroscope manufacturing, Botany factory and underwater exploration work.

2 deals

Manufacturing news briefs — stories you might have missed

Manufacturing roundup: Legrand buys NZ cable firm MSS; ClearVue lands a $4m placement; Nova Systems appoints Dean Rosenfield CEO; Diraq, having recently raised $29m, advertises 14 roles.

Also SmartCompany·@AuManufacturing·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Early VC·@AuManufacturing·Startup Daily

Unnamed stage $25m

Manufacturing news briefs — stories you might have missed

Roundup: Arafura Rare Earths banks $25m for its rare earths project; Incitec Pivot, Electro Optic Systems and Alpha HPA announce leadership changes; Titomic extends its MD's contract; Cobram Estate grows US olive output.

2 deals

Manufacturing news briefs — stories you might have missed

Manufacturing briefs: Victoria backs a skills program, Titomic supplies an Air France subsidiary, a pool-technology firm hires a sales chief, Bod Science banks a tax rebate, and Amaero completes a placement.

10 deals

The Week in AgriFoodTech: Restaurant order app me&u bagged $30m, Remilk approved for Israeli markets, biomaterials bonanza

Weekly roundup reporting me&u's Series C, several agrifoodtech fundraises across Europe, Danone's stake in Imagindairy, Remilk's Israeli approval, plus partnerships, launches and layoffs.

Also Forbes Australia·SmartCompany

Series B $108m

KKR backs Aussie robotics company in blockbuster $108m raise

US giant KKR joined navigation-technology maker Advanced Navigation's $108 million Series B, alongside returning local backers; the company also bought ANU spin-out Vai Photonics, and two KKR staff will join its board.

Also @AuManufacturing·SmartCompany·Startup Daily·Techboard·SmartCompany·Forbes Australia

Venture debt $8m

Manufacturing news briefs — stories you might have missed

News roundup: Elsight locks in $8 million through convertible notes; Northrop Grumman extends its Quickstep supply agreement; Titomic grows US sales; Fleet Space to survey for Core Lithium; Venture Catalyst Space applications open.

5 deals

Funding roundup May 1 - May 5: $65m for Shippit in B2 raise

A weekly roundup reporting Shippit's $65 million Series B2, several startup raises, Chrysos Corp's ASX listing, and Shopify's acquisition of Deliverr.

Also Startup Daily·Techboard

Funding announcement

Advanced Navigation acquires ANU tech spin-out

Robotics firm Advanced Navigation, backed by publisher OIF, is buying ANU spin-out Vai Photonics in an all-scrip deal of up to $40m; Vai's navigation tech is in talks with NASA.

Also OIF Ventures portfolio·Startup Daily·Dynamic Business·Startup Daily

Series A $20m

Turnbull's AI robotics bet taps investors for blockbuster raising

Advanced Navigation, with Malcolm Turnbull on its board, is seeking $80-135 million; the piece recalls its 2019 $20 million Series A and Minderoo's strategic investment.

Also @AuManufacturing·SmartCompany·SmartCompany·Forbes Australia

14 deals

Nine startups that raised a combined $70 million this week

Roundup of nine startup raises totalling $70 million, including Q-CTRL's Series B, Foundry Lab's round led by Blackbird, and EnGeneIC's crowdfunded COVID-19 vaccine raise, plus a new Elenium Automation board member.

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

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