Ledger. Australian venture funding, tracked

Company

Australian Open

Melbourne, VIC

Coverage

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

Exit / M&A

‘A sword to send companies into bankruptcy’: Businesses face ‘audit hell’ as R&D goalposts shift

Advisers warn that ATO audits and years-later repayment demands are destabilising firms claiming the R&D tax incentive, citing BindiMaps' administration and sale, as the government prepares to overhaul the scheme from 2028.

Fund close ~$49m

Tennis Australia's VC fund aces first close with nearly $50 million from blue chip investors

Tennis Australia's venture arm AO Ventures has reached a first close on its new sports, media and health tech fund with about $49 million committed by local and international backers.

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