Investor · 2 deals
Every published round ArcTern 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.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Zoomo | Series B | Nov 2022 | $80m | Participant | Startup Daily (2 May 2023), Startup Daily (22 Feb 2022), Startup Daily (23 Nov 2021), SmartCompany (19 Nov 2021), Virescent Ventures portfolio, SmartCompany (16 Nov 2021), Startup Daily (15 Nov 2021) | |
| Zoomo | Series B | 15 Nov 2021 | $60m | Lead | TechCrunch Australia (21 Feb 2022), TechCrunch Australia (15 Nov 2021), Crunchbase News, TechCrunch Australia (15 Nov 2021) |
Companies ArcTern 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 |
|---|---|---|---|---|
| Zoomo | E-bike startup | 15 Nov 2021, Series B | 2 | 1 |
Fund closes reported for ArcTern Ventures, as distinct from the investments it has made.
Companies ArcTern Ventures has backed that another company then bought. An exit for the holding, not a deal ArcTern Ventures did.
Stories naming ArcTern Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Electric delivery vehicle maker Zoomo has closed an oversubscribed Series B of US$60 million (A$80 million), led by new investor Grok Ventures with Skip Capital and ArcTern, plus follow-on from existing backers and a new debt facility.
Also Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily
E-bike subscription company Zoomo has secured a combined equity and debt round of $80 million, led by Grok Ventures, with Skip Capital, ArcTern and earlier backers also taking part.
Australian e-bike subscription startup Zoomo announced a Series B blending equity and debt funding to expand its micromobility offering for couriers into more cities and develop light vehicles for parcels.
Also TechCrunch Australia·Crunchbase News·TechCrunch Australia