Ledger. Australian venture funding, tracked

Investor · 2 deals

Cochlear

Australian medical technology firm.

Coverage

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

Seed US$6m

Our Investment in Vexev - Building Autonomous Robotic Ultrasound

Ten13's post explains why it joined the robotics company's latest raise alongside Blackbird, Neotribe, Startmate and Horizons, covering its autonomous scanning device, dialysis focus, founders, and US rollout plans.

Also Dealroom·vexev.com·datapile.co·evtoday.com

3 deals

Seer Medical saved by $40 million rescue deal from global investors, Breakthrough Victoria

Administrators confirmed a $40 million deal in which Cadwell Industries, TrialCap and Breakthrough Victoria take equity, rescuing Seer Medical from administration; the article also recalls its funding history and 2024 product recall.

Also Startup Daily·Startup Daily·SmartCompany

Fund close $100m

Thought Leadership Series: A CEO's Perspective on Driving Innovation

Breakthrough Victoria's chief executive reflects on the sovereign fund's first four years, its university co-funding partnerships and OECD evidence that government venture capital works best alongside private investors.

3 deals

Breakthrough Victoria-backed epilepsy medtech Seer Medical placed in voluntary administration

Victorian epilepsy device maker Seer Medical has entered voluntary administration, with Pitcher Partners appointed amid a product recall and a cofounder's legal dispute; backers included Breakthrough Victoria and Cochlear.

Also Startup Daily·Startup Daily

Key hire

Manufacturing news briefs — stories you might have missed

Briefs roundup: Main Sequence adds Alison Deans as venture partner; Starpharma hands the CEO role to Cheryl Maley; DroneShield lands a $2.2 million repeat order; Q-CTRL will deliver quantum training with QUIN.

Fund close $450m

Cochlear chair Alison Deans joins CSIRO VC Main Sequence as venture partner

Main Sequence, CSIRO's deep tech venture fund, adds Cochlear chair Alison Deans as a venture partner, extending her investment committee service since 2017; its third fund brought in $450 million in July.

9 deals

Six Aussie startups that raised $34.2 million this week

Weekly roundup covering six startup raises: ImmVirX, Nutromics, Nuheara, Autism 360, Cogo and Gather, plus Nutromics' 30X30 selection, a board appointment and Viralytics' earlier sale to Merck.

Unnamed stage $30m+

EBR Systems meets endpoints early in pivotal SOLVE-CRT trial: paves way for FDA approval application and commercialisation

Cardiac pacing company EBR Systems says its SOLVE-CRT trial hit its safety and efficacy goals early, keeping a 2024 US approval bid on course; the article also recalls its 2021 ASX listing.

Also Brandon BioCatalyst portfolio

Bridge / extension $16m

Cochlear backs medtech startup EpiMinder in $16 million bridge funding round

Epi-Minder has completed a $16 million bridge round with its existing shareholders to fund expanded clinical trials, product development and manufacturing of its long-term epilepsy monitoring device.

Also @AuManufacturing·Startup Daily·Startup Daily

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