Ledger. Australian venture funding, tracked

Angel investor · Investment Team, OIF Ventures

David Shein

Coverage

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

11 deals

Cheque-in: 8 startups raised $113 million this week to end October

Weekly funding roundup covering eight raises totalling over $113 million across aerospace, biotech, materials, health and software, plus a pharmacy firm's acquisition out of administration.

10 deals

Eight ANZ startups that raised $113 million this week

Weekly roundup of eight trans-Tasman startup raises worth a combined $113 million-plus, alongside Joe Zhou's buyout of StrongRoom AI from administrators.

Also Startup Daily·Startup Daily

2 deals

Former Canva employees raise $8.5 million for patient care startup Human Health

Human Health, a Sydney patient-care platform built by two ex-Canva product leaders, has landed $8.5 million in a round led by LocalGlobe to expand across the US and UK.

Also Forbes Australia·Startup Daily·SmartCompany·Startup Daily

9 deals

Six Aussie startups that raised $56.7 million this week

Weekly roundup detailing six Australian startup raises announced this week, covering Heidi Health, Instant, Esper, Trusst AI, Flowing Bee and GonGlobal, with investors, founders, valuations and earlier rounds.

Also Startup Daily

9 deals

Nine ANZ startups that raised $60.3 million this week

Roundup of the week's funding news: nine companies across Australia and New Zealand secured investment spanning clean energy, construction logistics, legal tech, coaching, research tools, creator media, medtech and marketing software.

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

2 deals

VC fund defies the downturn, raising $100m in 24 hours

OIF Ventures has closed its third fund at $140m, beating its original $100m target, with founder backers including Peter Lilley and Andrew Barnes; earlier trade sales underpin its strong returns.

Also OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio·Startup Daily·Startup Daily·Techboard·Startup Daily·SmartCompany·Startup Daily·Techboard·Techboard·Australian FinTech

2 deals

Fake meat startup All G scores bigger Woolies backing

Woolworths' corporate venture arm W23 has added an undisclosed multi-million-dollar investment to its backing of Sydney alt-protein maker All G Foods, which had earlier raised a $16 million seed round in late 2021.

Also AgFunderNews·@AuManufacturing·SmartCompany·Startup Daily·Startup Daily·AgFunderNews

5 deals

BLAST OIF | Edition III

OIF Ventures' third monthly portfolio roundup: XM Cyber's roughly billion-dollar sale to Schwarz Group, Assignar's secondary raise, new investments in Inspace, mod.io and Atelier, plus portfolio awards, customers and product launches.

2 deals

Founders tip in cash for upsized OIF

OIF has upsized its second fund's target to $100m from $75m, with $50m committed at an August 2020 first close and $30m more banked by February 2021; $20m deployed across twelve startups so far.

Fund close $80m

OIF banks $80 million and hires former Amazon boss

Australian venture firm Our Innovation Fund has secured $80 million for its new fund, exceeding its $75 million target, and hired ex-Amazon Web Services executive Paul Migliorini as a venture partner.

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