Ledger. Australian venture funding, tracked

Company

Coles

Australian retailer using Zitcha's platform

Coverage

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

Funding announcement

🇦🇺 This Week in Australian Startups #176, 30th August 2026

Weekly roundup: Blackbird confirms a record fund close and Galileo reaches a first close, Genesis merges with Proudi, IREN secures massive debt, and several startups report raises, grants and program wins.

Exit / M&A

Sia significantly expands Australian footprint with Seven Consulting deal

Global consultancy Sia has acquired Seven Consulting, an Australian business transformation firm, roughly quadrupling Sia's local headcount and adding major banking, government and retail clients.

Unnamed stage ≤€250m

Sia's Australian Gambit: Snags Seven Consulting in Push for AI Dominance

French consulting group Sia has bought Australian business transformation firm Seven Consulting, adding roughly 130 consultants and East Coast offices. The deal follows Sia's earlier acquisitions and Blackstone's minority investment earmarked for expansion.

Also consultancy.com.au

Exit / M&A

Sia accelerates its expansion in Australia with the acquisition of Seven Consulting

Consulting group Sia has bought Seven Consulting, an Australian transformation consultancy, adding Sydney and Melbourne offices, a Perth presence and major clients across banking, government and retail.

Also Dealroom·Dealroom·sevenconsulting.com·briefglance.com·melbourne-insider.au·cfotech.com.au·consultancy.com.au

4 deals

Heidi Health's $98 million raise skyrockets its valuation to $704 million

Melbourne AI medical-notes startup Heidi Health has banked a $98 million Series B led by Point72 at a $704 million valuation, adding two senior clinical and commercial hires to its leadership.

Also Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Forbes Australia

3 deals

GP administration startup Heidi Health tops up Series A with another $27 million

Heidi Health, whose AI tool drafts doctors' clinical notes, has added $26.8 million to its Series A in a round led by Headline, with Local Globe and Anthology also taking part.

Also SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily

19 deals

Nine Aussie startups that raised $38.3 million this week

Roundup of nine local startups that together banked a combined $38m-plus this week, spanning precision instruments, proptech, adtech, robotics, food, energy storage and AI, with several earlier raises recalled.

Also Australian FinTech·Startup Daily·SmartCompany·AgFunderNews

Unnamed stage ~$5m

Plant-based meat maker Proform Foods falls into voluntary administration

KPMG insolvency practitioners now run plant-based meat firm Proform Foods, which trades on during a sale process; the piece recalls Harvest Road's 2021 minority stake, reportedly near $5 million.

Also Beef Central / Grain Central·Startup Daily

2 deals

Medtech Heidi Health raises $10 million Series A

Heidi Health, whose AI tool trims paperwork for family doctors, has banked a $10 million Series A round led by returning backer Blackbird, with co-investors including Hostplus and Hesta.

Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Forbes Australia·Forbes Australia

9 deals

Eight Aussie startups that raised $433 million this week

Roundup of eight Australian startup raises totalling $433m, topped by Employment Hero's $263m Series F and Skykraft's $120m round; Darwinium, Konvoy Kegs, The Martec and three Birchal crowdfunds complete the week.

Also AgFunderNews

6 deals

Four Aussie startups that raised $33.97 million this week

Roundup of four Australian raises in early October 2023: Eden Brew's $24.4m Series A, Renewable Metals' $8m seed round, Techni Ice's $979,774 crowd-funded campaign close, and Apollo Secure's $600,000 pre-seed.

Also Startup Daily

Grant

Manufacturing news briefs — stories you might have missed

A roundup of Australian manufacturing news: a summit keynote, a product launch, a CEO appointment, an acquisition, a quantum HQ, training and supply deals, and a refrigeration deployment.

16 deals

Eight Aussie startups that have raised $75.6 million in the past two weeks

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

Seed $4.6m

Beyonce’s dad advises sales micro-learning startup that’s raised $4.6 million Seed round

Melbourne sales-training video startup frntlne has raised a $4.6 million seed round led by RealVC, with Investible, Hoperidge Capital and Rod Jones taking part; brand clients include Coles and L'Oreal.

Also SmartCompany·SmartCompany

8 deals

Seven Aussie startups that raised $16.4 million this week

Weekly roundup detailing seven Australian startup raises totalling $16.4 million, covering Thinxtra, Canopus Networks, Mash, Beamible, Earthodic, Citadel.run and Cleverbean, with investors, amounts and founder backgrounds.

Also Techboard·Startup Daily·SmartCompany

2 deals

v2food, one of the biggest local names in fake meat, has changed strategy after its founder departed

Plant-based meat maker v2food changed course and is shutting its Wodonga factory after founder-CEO Nick Hazell's departure, with Tim York now chief executive; the story recalls its two Series B raises.

4 deals

The Ignition Lane Wrap: Life in the fast lane. And calling road service

Ignition Lane's weekly wrap: Tiger Global's losses and past Australian bets, MilkRun and TradeSquare closures, Cyara's Spearline acquisition, a Co Ventures pre-seed fund, Square Peg's partner promotion and LaunchVic's 30×30 picks.

Grant $9.4m

Manufacturing news briefs — stories you might have missed

A manufacturing roundup covering Hazer's R&D tax refund, Atomo's South African test supply deal, Acrow's asset purchase, PureFoods' product revenue, a solar farm completion, BlueScope's accelerator applications, and a drone modem launch.

2 deals

Manufacturing news briefs — stories you might have missed

Roundup of Australian manufacturing news: a university metaverse partnership, a CSIRO digital appointment, electric buses in Queensland, two secured funding facilities, and several workforce and recycling initiatives.

Also @AuManufacturing

Something wrong? Tell us