Investor · 1 deal

CIMIC Group

Disclosed deals

Every published round CIMIC Group 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
Jupiter Ionics	Series A	18 Mar 2024	$9m	Participant	Tenacious Ventures Monash Investment Holdings JCVC Olabella Wesfarmers Chemicals Breakthrough Victoria Wesfarmers Chemicals, Energy & Fertilisers	Startup Daily (27 Jun 2024), Startup Daily (24 Jun 2024), SmartCompany (22 Apr 2024), Early VC, SmartCompany (7 Mar 2024), Startup Daily (5 Mar 2024), @AuManufacturing, Breakthrough Victoria

Portfolio

Companies CIMIC Group has backed in a published round, and companies whose existing shares it bought off another holder.

Company	What it does	First invested	Rounds	Led
Jupiter Ionics		18 Mar 2024, Series A	1	0

Funds

Fund closes reported for CIMIC Group, as distinct from the investments it has made.

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for CIMIC Group yet.

Portfolio companies acquired

Companies CIMIC Group has backed that another company then bought. An exit for the holding, not a deal CIMIC Group did.

Company	Bought by	Kind	Announced	Price
No portfolio company of CIMIC Group is recorded as having been acquired.

Name	Role	Sources
Juan Santamaria	Executive Chairman	@AuManufacturing

Coverage

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

12 deals

Early VC #6 - Fremantle Seaweed raised $1.26 million

Fremantle Seaweed, Vanable, FLK it over, Bae Juice, Nullify, Recce Pharmaceuticals, Broad Radio, VaultEscrow, Esper, Anni, CSF Enterprises, and Jupiter Ionics secured funding through various rounds including crowdfunding, seed, and grants.

Also SmartCompany·SmartCompany

5 deals

Four Aussie startups that raised $29 million this week

Roundup of four Australian startups that each announced fresh capital this week: a caregiver healthcare app, a green ammonia producer, a clean energy project modelling platform, and a wellness advice marketplace.

Also SmartCompany

2 deals

Green ammonia company Jupiter Ionics raises $9 million

Emissions-free ammonia developer Jupiter Ionics has raised $9 million, adding Breakthrough Victoria, CIMIC Group and Wesfarmers Chemicals, Energy & Fertilisers to its earlier backers, and also recalls a $2.65 million grant from 2022.

@AuManufacturing 4 Mar 2024 Jupiter Ionics Monash University Breakthrough Victoria CIMIC Group Cooperative Research Centre Projects JCVC Monash Investment Holdings Olabella Tenacious Ventures Wesfarmers Chemicals, Energy & Fertilisers Associate Professor Alexandr Simonov Dr Charlie Day Prof Doug Macfarlane Juan Santamaria

Series A $9m

Jupiter Ionics

Breakthrough Victoria puts $4 million into Jupiter Ionics' $9 million Series A for its green ammonia cell technology, alongside Wesfarmers Chemicals, Energy & Fertilisers and CIMIC Group.

Breakthrough Victoria 4 Mar 2024 Jupiter Ionics Victorian Government Breakthrough Victoria CIMIC Group Wesfarmers Chemicals, Energy & Fertilisers Dr Charles Day Grant Dooley Tim Pallas

Also @AuManufacturing·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Early VC

Exit / M&A

Eaton Square Advises Onyx Projects on its sale to Sedgman

Eaton Square acted for Onyx Projects' shareholders in the firm's sale to Sedgman, a CIMIC subsidiary. Both companies' managing directors welcomed the deal, which will broaden Sedgman's minerals processing offering.

Eaton Square 25 Jul 2022 CIMIC Group Eaton Square Onyx Projects Sedgman Pty Ltd Grant Fraser Ian Beaumont Mark Goodwin Roger Collins-Woolcock

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