Six Aussie startups that raised $123.2 million this week
A weekly roundup detailing new funding rounds for six Australian startups: Lyka, PlasmaLeap, Firmable, Veyor, Lumonus and Future Minds Network, with investors and round details.
Company
Commercial real estate services company
Every investor coverage indicates participated in a round CBRE raised.
Companies CBRE acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming CBRE. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
A weekly roundup detailing new funding rounds for six Australian startups: Lyka, PlasmaLeap, Firmable, Veyor, Lumonus and Future Minds Network, with investors and round details.
Firmable, which sells AI sales-intelligence tools, has banked a $14 million Series A with Airtree leading, plus angel money from Sue Morphet, Sam Kroonenburg, Martin Hosking and Rob Phillpot, to fund a US push.
KKR will invest up to $603 million in HMC Capital's energy transition arm, funding its first big battery, after HMC bought Neoen's Victorian assets and battery developer Stor-Energy.
Also RenewEconomy
HMC Capital has landed KKR backing of up to $603 million for its new energy platform, unlocking its first grid battery and a multi-gigawatt project pipeline.
Orkestra, a Melbourne clean-energy software firm, won $2.77 million in ARENA co-funding to accelerate commercial EV charger rollout; a year earlier it banked $2 million in seed funding from Tidal Ventures.
OIF Ventures' year in review: full Eftsure exit, Opportunity Fund close, Visory, DataMasque and Nullify backed, follow-ons at Inspace and Dataweavers, new team members and portfolio milestones.
Also OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio
Sydney proptech Happly, which simplifies moving house, has secured $1.75 million at seed stage from backers including Danny Hanna and Max Cunningham, with the capital earmarked for product development and national expansion.
Also SmartCompany
Twelve companies, among them the Australian startups Cerclos, Everty and Sapien Cyber, have been selected for Taronga Ventures' 2023 ESG Impact program, chosen from more than 310 applicants worldwide.
OIF's blog republishes an AFR report: Inspace has banked a $6 million round backed by B Capital and OIF, plans AI features and US growth, while proptech peers :Different and Yabonza have failed.
Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany
Sydney digital-twin software firm Trendspek raised a $6.3 million Series A led by Taronga Ventures with IAG's Firemark Ventures, after a 2020 seed round led by Sydney Angels.
Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Dealroom
Proptech CIM has raised a $10 million Series A led by Five V Capital, with Carthona Capital and property executives participating, valuing it above $100 million to fund expansion into Asia and North America.
Taronga Ventures' ESG Impact program has picked twelve startups for its 2022 intake from more than 220 applications, with Australian companies Bardee, BindiMaps and SiteHive among those chosen to advance sustainability in property.
IBM has bought Envizi, a Sydney-based sustainability data and analytics software firm, to strengthen its environmental performance offerings; the deal closed 11 January 2022, terms undisclosed. IBM also bought Melbourne's SXiQ late last year.
Also Techboard
Wholesale Investor profiles Cityzenith, a US digital twin platform, highlighting its World Economic Forum recognition, a Regulation A+ offering nearing $4 million of a $15 million target, rising share price, and city contracts.
Virtual inspection platform Inspace has secured A$4 million in fresh capital, with Our Innovation Fund leading the round alongside Leigh Jasper, Investible and Artesian. OIF partner Geoff Levy joins the board.
Also OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio