Corporate / CVC · 3 deals
Every published round Bupa 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, and a place in one of its own programs is under Cohorts.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| XFrame | Accelerator | 11 Dec 2023 | $47k | Participant | Taronga Ventures (24 Sep 2026), Taronga Ventures (21 Sep 2026), Startup Daily | |
| Terra | Accelerator | 11 May 2023 | $1.5m | Lead | SmartCompany, AgFunderNews | |
| Cassava Bags | Grant | 2022 | $390k | Lead | Startup Daily, SmartCompany |
Everyone Bupa has named to a program in published coverage. A place in a program is not a raise: the cheque is the figure recorded with the place, which is the program's standard terms where we hold them, and a blank is one we don't.
| Member | Program | Announced | Cheque | Sources |
|---|---|---|---|---|
| Cassava Bags | eco-Disruptive | 2022 | $596k | Startup Daily (12 Feb 2024), Startup Daily (11 Aug 2023) |
Companies Bupa has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Cassava Bags | 2022, Grant | 2 | 2 | |
| Terra | 11 May 2023, Accelerator | 1 | 1 | |
| XFrame | 11 Dec 2023, Accelerator | 1 | 0 |
Fund closes reported for Bupa, as distinct from the investments it has made.
Companies Bupa has backed that another company then bought. An exit for the holding, not a deal Bupa did.
| Name | Role | Sources |
|---|---|---|
| Roger Sharp | Chief Sustainability Officer | Startup Daily (11 Dec 2023), Startup Daily (11 Aug 2023) |
| Nick Stone | CEO | Startup Daily |
| Katie Duxbury | Head of Payroll Services | Australian FinTech |
| John Moore | Head of Innovation (former) | SmartCompany |
| Danielle Handley | Chief Customer and Transformation Officer | Startup Daily, Forbes Australia, SmartCompany |
Stories naming Bupa. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
AFR cybersecurity topic page rounding up recent stories: Origin Energy's data breach investigation, Point Wild's planned ASX float, AI models hacking companies, and a CyberCX–Monash University cybersecurity degree partnership.
Breakthrough Victoria highlights portfolio achievements including Amber Electric's forty-five million dollar raise, Bygen and Diag-Nose grants, and Quantum Brilliance series A funding.
Also Breakthrough Victoria·Breakthrough Victoria·RenewEconomy·Startup Daily·RenewEconomy·Dealroom
Vively, founded by triathlete Tim Veron after reversing his pre-diabetes, raised $1.6 million seed funding led by Archangel Ventures with Bupa Ventures, and has partnered with Bupa to make continuous glucose monitoring more affordable.
Funding roundup covering six Australian-linked startups: Superpower's US$30m Series A, WeMoney's $12m Series A plus debt facility, InsightWise's $1m pre-seed, and Bupa's first venture investments in three health startups.
Weekly roundup covering seven Australian companies' fresh capital: EV charging, satellite IoT, sovereign cloud, wearables, workplace messaging, plus two crowdfunding raises on Birchal.
Also Startup Daily·Startup Daily·@AuManufacturing·@AuManufacturing
Australian insurtech momentum examined: Honey Insurance's Series A and Cover Genius's raise led Q2 2024 funding, while an Airtree partner argues incumbents have left insurance open to technology-driven challengers.
Also SmartCompany
Australian startups Diraq, Marqo, and Hatch secured funding rounds. Ansarada was acquired by Datasite. Bupa launched a new venture fund, and the Queensland government backed several VCs and accelerators.
Health insurer Bupa has rolled out a $20 million corporate venture vehicle, Bupa Ventures, for early-stage health startups in Australia; the article also recalls Cassava Bags winning Bupa's eco-Disruptive prize and equity crowdfunding.
Bupa's eco-Disruptive program funds six Australian and New Zealand sustainability startups to pilot health and planet solutions; past winner Cassava Bags now supplies the insurer with its biodegradable bags.
Roundup of eight Australian startups that together raised $75.6 million across two weeks, spanning health, batteries, EV fleets, edtech and equity crowdfunding campaigns.
Also The Mandarin·SmartCompany·Techboard·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Forbes Australia
Sydney startup Cassava Bags Australia won Bupa's 2023 eco-Disruptive award for water-soluble cassava bags, having earlier received over $350,000 via Bupa's 2022 program, while a Birchal crowdfunding round remains only an intention.
Also Startup Daily
Techboard's September 2022 roundup reports Australian raises led by Morse Micro's $140m Series B, several acquisitions including ResApp Health to Pfizer, fund closes by Telstra Ventures, OIF and Main Sequence, and open raises.
Legal automation firm Josef banks $5.2 million in a round OIF Ventures led, with Carthona, Flying Fox, Jelix and Saniel participating, adding US and UK law firms as clients.
Also SmartCompany
UK pay-access fintech Wagestream, formed from Sydney's Earnd, secured a A$236 million Series C — equity led by Smash Capital with Silicon Valley Bank debt — to expand beyond Britain, including across Australia.
Also Startup Daily
Zetaris has banked a $30 million raise at a valuation topping $110 million, with Exto Partners leading and several co-investors; the company earlier won Ingram Micro's 2019 Comet Competition, worth up to $1.5 million.
Also ARN (ARNnet)·ARN (ARNnet)
AFR healthcare and fitness section roundup: Early Bird raised $2 million led by Hyper Ventures; Resmed sold MatrixCare; Radiopharm seeks $16 million; plus Mayne Pharma, Healthscope, Sigma and policy stories.
Also SmartCompany