Venture capital fund · 1 deal
Every published round Brick & Mortar 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 |
|---|---|---|---|---|---|---|
| Advanced Navigation | Series A | Nov 2019 | $20m | Participant | SmartCompany (18 Mar 2026), Forbes Australia, SmartCompany (18 Nov 2022), @AuManufacturing, Our Innovation Fund |
Companies Brick & Mortar has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Advanced Navigation | Navigation technology company using AI, robotics and sensing for GPS-independent position… | Nov 2019, Series A | 1 | 0 |
Fund closes reported for Brick & Mortar, as distinct from the investments it has made.
Companies Brick & Mortar has backed that another company then bought. An exit for the holding, not a deal Brick & Mortar did.
Stories naming Brick & Mortar. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Advanced Navigation, with Malcolm Turnbull on its board, is seeking $80-135 million; the piece recalls its 2019 $20 million Series A and Minderoo's strategic investment.
Also @AuManufacturing·SmartCompany·SmartCompany·Forbes Australia
Deep tech firm Advanced Navigation, based in Sydney, has secured $20m from CSIRO's venture arm Main Sequence plus two US funds; two investors take board seats. OIF backed it earlier.