Venture capital fund · 10 deals
Every published round Alumni 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 Alumni 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 |
|---|---|---|---|---|
| Fleet Space Technologies | nano satellite startup | 24 May 2023, Series C | 3 | 1 |
| Frore Systems | Mar 2026, Series D+ | 1 | 0 | |
| Q-CTRL | 6 Feb 2023, Series B | 2 | 0 | |
| Spice AI | Real-time analytical query engine for operational data | 16 Sep 2022, Seed | 1 | 0 |
| Synchron | 16 Dec 2022, Series C | 1 | 0 | |
| Vexev | AI-powered robotic ultrasound for vascular imaging | 6 Aug 2026, Seed | 2 | 0 |
Fund closes reported for Alumni Ventures, as distinct from the investments it has made.
Companies Alumni Ventures has backed that another company then bought. An exit for the holding, not a deal Alumni Ventures did.
Stories naming Alumni 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 medical robotics firm Vexev has raised A$8.6 million to pursue FDA clearance and US commercialisation of its VxWave robotic ultrasound platform, with backing from existing and new investors.
Also Startup Daily·This Week in Australian Startups·SmartCompany
Semiconductor cooling firm Frore Systems landed a $143 million Series D round led by MVP Ventures, reaching unicorn status at a $1.64 billion valuation; lifetime funding now totals $340 million.
Also bangid.com
Year-end roundup ranking 2024's twelve largest startup raises, headed by PsiQuantum's $940 million government-backed quantum computing round, plus Guzman y Gomez's ASX listing and Betashares' Temasek investment.
Adelaide satellite company Fleet Space has banked a $100 million Series D, with Teachers' Venture Growth leading and a $525 million valuation, to grow ExoSphere, its space-based mineral exploration platform.
Satellite company Fleet Space has closed a Series D backed by Teachers' Venture Growth and prior backers, lifting its valuation past $800 million, with proceeds earmarked for its mineral-exploration platform.
Also Space Connect·spaceanddefense.io·aap.com.au·@AuManufacturing·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Space Connect·@AuManufacturing·Forbes Australia
Quantum computing company Q-CTRL has added $87.5 million in fresh equity, expanding its Series B round, with GP Bullhound leading and a group of new and returning backers participating.
Also Forbes Australia·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily
Manufacturing news roundup: Fleet Space's oversubscribed Series C, a grant-backed 3D printing research project, an agreed brand acquisition, equipment orders, a cargo drone first flight and industry awards.
Weekly roundup of five startup raises: Fleet Space's Series C, Checkmate's Series A, Adventus's new round, Endua's hydrogen funding and Servicely's raise, with investors named.
Also Forbes Australia
Bondi Partners reposts The Australian's coverage of Fleet Space Technologies' $50m Series C round, which Blackbird Ventures led and Bondi joined, valuing the Adelaide-based nanosatellite maker above $350m.
Also Blackbird Ventures portfolio·Startup Daily·SmartCompany·SmartCompany·Techboard·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·@AuManufacturing·Forbes Australia·satcom.digital·TechCrunch Australia·Space Connect
Weekly agrifoodtech roundup covering funding rounds for Pure Salmon, FreshToHome, SwarmFarm and others, acquisitions of Delphi and Soylent, layoffs at Impossible Foods and GreenLabs, and plant-based labeling news.
Sydney quantum software firm Q-CTRL announced a $27.4 million Series B extension with new backers including Salesforce Ventures, following its $25 million Series B led by Airbus Ventures in late 2021.
Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·@AuManufacturing·Forbes Australia
A weekly roundup covering five funding rounds: HealthMatch's Series C, Monday Distillery's crowdfunding, Sonder's Series B, Lleaf's bridge round, and Spice AI's seed raise.
Satellite IoT developer Fleet Space Technologies is setting up its first overseas headquarters in Houston, Texas, after a $26.4 million Series B round in November 2021 that drew three US investors.