Venture capital fund · 2 deals
Sydney, NSW
Every published round Alium Capital 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 |
|---|---|---|---|---|---|---|
| York Street Brands | Series B | 24 Apr 2023 | $5m | Lead | SmartCompany (14 May 2025), SmartCompany (24 Apr 2023) | |
| Beforepay | Unnamed stage | Jan 2021 | $9m | Lead | Startup Daily, Cut Through Venture |
Companies Alium Capital has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Beforepay | Australian consumer lender offering Pay Advance and Personal Loans | Jan 2021 | 1 | 1 |
| York Street Brands | 24 Apr 2023, Series B | 1 | 1 |
Fund closes reported for Alium Capital, as distinct from the investments it has made.
Companies Alium Capital has backed that another company then bought. An exit for the holding, not a deal Alium Capital did.
Stories naming Alium Capital. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Furniture brand Koala has secured $20 million ahead of its ASX debut at a $305 million valuation, while early backers including cofounder Mitch Taylor sold down some of their stakes.
Koala heads to the Australian bourse with a float mixing fresh equity and shareholder sell-downs, while a Test cricketer's decade-old six-figure backing of the furniture startup draws the spotlight.
Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·AFR Technology
The children's fintech Spriggy will retire its investment app in August 2025 and refund users, keeping its main pocket money service while it builds a replacement due in 2026.
York Street Brands raised $2 million from iPartners and took a $4 million NAB trade facility to launch its third brand Bouf, having formed through the 2023 merger of tbh Skincare and Boost Lab.
Also SmartCompany
Australian skincare brands Boost Lab and tbh Skincare merge into York Street Brands alongside a $5 million Series B led by Alium Capital, with founders taking executive roles. BWX's administration is also noted.
Also SmartCompany
Sydney courier firm Drive Yello and cafe ordering app Hey You have combined as 4You Innovation, aiming to raise funds next year; the piece also recalls past raises and recent collapses among delivery startups.
Also Startup Daily
Ignition Lane's weekly tech roundup covering fresh Australian startup raises, new venture funds and closes, a wave of acquisitions, delistings and a liquidation, executive moves, and Canva's product launch.
Also Techboard·Startup Daily
Beforepay's shares plunged 44% in its ASX debut, erasing the $35 million IPO raise and much of its $158.4 million listing value; the article recalls earlier raises backed by James Spenceley and Alium Capital.
Leaked plans suggest Beforepay's proposed IPO could value the salary-advance fintech at $158.3 million, figures the company calls speculation. The piece also recounts its earlier raises and executive appointments.
Also Startup Daily