Government · 2 deals
Sydney, NSW
Every published round Austrade 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 |
|---|---|---|---|---|---|---|
| The Laundry Lady | Seed | 18 Aug 2025 | $1m | Participant | SmartCompany (1 Sep 2025), Startup Daily, SmartCompany (19 Aug 2025) | |
| Seer Medical | Accelerator | undated | - | Participant | SmartCompany, Startup Daily (8 Sep 2023), Startup Daily (30 Jan 2023) |
Companies Austrade has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Seer Medical | Medtech company providing advanced patient monitoring and diagnostics | Accelerator | 1 | 0 |
| The Laundry Lady | Pickup and delivery laundry services via home-based contractors, with the TimeBoss platfo… | 18 Aug 2025, Seed | 1 | 0 |
Fund closes reported for Austrade, as distinct from the investments it has made.
Companies Austrade has backed that another company then bought. An exit for the holding, not a deal Austrade did.
| Name | Role | Sources |
|---|---|---|
| Daniel Boyer | Deputy CEO | Startup Daily |
Stories naming Austrade. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Uniseed-backed Australian medtech Q-Sera's blood-clotting tube technology has debuted in Japan via Terumo's VenoJect II launch; the post also credits MRCF and UniQuest Extension Fund as backers.
Q-Sera's rapid-clotting blood tube technology has gone to market in Japan via Terumo's VenoJect II launch; the Melbourne startup's backers include MRCF, Uniseed and the UniQuest Extension Fund.
AuManufacturing reports Latrobe Magnesium holds a non-binding US EXIM loan indication that could reach $200 million; the ASX-listed producer also completed a $6 million placement last week.
Partner content profiling Australian cleantech firm Bygen, which is piloting its low-temperature activated carbon technology in Vietnam with support from Austrade, DFAT, Export Finance Australia, Global Victoria and local partner Envitech.
Profile of smart parking firm KERB and founder Rob Brown, covering its shift to car-park software, expansion across Southeast Asian markets, a past Series A raise, and trade agency programs that helped win clients.
The Laundry Lady, a Sunshine Coast laundry services startup, has raised $1m from Karl Jacoby, angel groups and Queensland government programs, ending 13 years without outside capital as it eyes Canada and the UK.
Karl Jacoby led a $1m seed round for mobile laundry startup The Laundry Lady, joined by angel groups and government programs, to bankroll its push into Canadian and British markets and further TimeBoss development.
Oz2US Ventures is launching a Melbourne-based accelerator ending in a Silicon Valley residency, with named mentors and applications open for a September start.
Square Peg has backed NexusMD, a Melbourne startup using AI agents to cut hospital admin work, in a $6.3 million seed round; cofounder Mike Zhu earlier sold Baikemy Net to ByteDance.
Administrators confirmed a $40 million deal in which Cadwell Industries, TrialCap and Breakthrough Victoria take equity, rescuing Seer Medical from administration; the article also recalls its funding history and 2024 product recall.
Budget-day rundown for Australian startups: a quantum computing co-investment, a green manufacturing fund, AI centre money, offshore landing pads and small business measures, while most sector wishlists went unmet.
Weekly roundup of seven trans-Tasman raises totalling $27.4 million, headlined by Xefco's $10.5 million round, plus Hometime board appointments and Matrak's China expansion.
Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily
Melbourne construction-tech firm Matrak has raised a $2.9 million Series A led by Singapore's G&M Capital, with Our Innovation Fund and Simon Yencken aboard, funding expansion into China and a new Suzhou office.
Profile of Cairns agtech startup Rainstick, which mimics lightning with electricity-based seed treatment to lift crop yields; its co-founders are closing a pre-seed round and have built early partners in Singapore.
Melbourne AI eye-screening firm Eyetelligence secured US$12 million from Ascertain, the New York healthcare investor's first international deal, and will relaunch in the US under the Optain brand.
Profile of Adelaide climate-risk modelling startup Reask, whose co-founder presents in Singapore this week; key backer Tencent is funding its expansion as the team grows across three countries.
A Western Australian leather homewares maker has had its expected export grant cut sharply, and the piece examines how record demand stretched the government scheme's budget across more applicants.
Mambu raised a Series E round led by EQT Growth at a multibillion-euro post-money valuation, and plans ANZ expansion including a formal Australian entity active from January 2022.