Ledger. Australian venture funding, tracked

Company

Deloitte

Professional services and advisory firm

Sydney, NSW

Coverage

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

Fund close US$750m

Google Cloud launches US$750M agentic AI partner fund at Cloud Next

Google Cloud has committed US$750 million to a new partner fund for agentic AI resources and incentives, unveiled at Cloud Next; the piece also recalls Google's March acquisition of security firm Wiz.

Pre-seed $750k

University of Sydney quantum sensing spinout lands $750,000 pre-Seed

University of Sydney spinout DeteQt raised $750,000 pre-seed from Main Sequence Ventures and ATP Fund, appointed Rupal Ismin COO, and counts a $3 million defence contract as first revenue.

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

19 deals

Blast OIF | 24 things from 2024

OIF Ventures' 2024 review: two portfolio companies acquired, a talent-leadership hire, its fourth fund deploying, new investments in eight named startups and nine follow-on rounds.

Also Forbes Australia·techtaffy.com

3 deals

Manufacturing news briefs – stories you might have missed

Roundup of manufacturing briefs: rare earths and semiconductor firms win government grants, Pro-Pac takes a shareholder loan, Macquarie buys into Dow infrastructure, plus sales records, a China distribution deal and a space security hub.

2 deals

Affinda named fastest growing AI company in Australia, closes further $10m raise

Melbourne document-AI firm Affinda, founded by Tim and Ben Toner, closed a $10m round from family offices and wealthy individuals after an earlier $13m raise; Deloitte ranked it the nation's fastest-growing AI company.

Also Startup Daily·SmartCompany·Startup Daily

Funding announcement

Australian flow battery pioneer put into administration after failing to find backers

Brisbane flow battery maker Redflow has entered voluntary administration after failing to attract matching private investment, with Deloitte appointed; the article also recalls Tritium's sale to Exicom and a small earlier Redflow equity raise.

Also @AuManufacturing·RenewEconomy·RenewEconomy

6 deals

Four Aussie startups that raised $123.6 million this week

Weekly roundup of four Australian raises: HammerTech $105m led by Riverwood Capital, JigSpace $13m led by Breakthrough Victoria, ExoFlare's $5.3m seed, and Go Locum's $350,000 seed led by Paspalis.

3 deals

Sydney start-up Bridgit has raised $14.6m as it takes on the wealth transfer market

Bridging lender Bridgit has banked a $14.6m equity round through OIF Ventures plus a $125m debt facility, positioning the Surry Hills startup for Australia's looming intergenerational wealth handover.

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

3 deals

Three Aussie startups that raised $21.1 million this week

Roundup of three Australian raises: telehealth player Updoc landed $20m from listed investor Bailador, AI receptionist builder Phonely joined Y Combinator's Summer 2024 batch with US$500k, and Citizen Wolf crowdfunded over $380,000 via Birchal.

Also Startup Daily

Unnamed stage $20m

Telehealth startup Updoc secures $20 million from ASX-listed Bailador

SmartCompany reports digital health platform Updoc raised $20 million from ASX-listed investor Bailador, its first external capital, and notes the telehealth sector's recent funding activity, including InstantScripts' earlier sale to Wesfarmers.

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

12 deals

Runway May 24: The 7 startups revealing venture raises this week

Weekly roundup covering seven ANZ startup raises — Bare Funerals, Humii, WeMoney, CLT Toolbox, Clean Slate Clinic, SpatialGPT and Great Wrap — plus LaunchVic's $900,000 into Paul Little's Skalata fund.

Also Startup Daily·Startup Daily

2 deals

Manufacturing news briefs — stories you might have missed

AuManufacturing's briefs roundup records Electro Optic Systems' completed $35 million placement and Environmental Clean Technologies' completed $1.5 million placement, alongside Incat's best-managed-company award, Osteopore's approvals in two Asian markets, and GLAM applications opening.

8 deals

Blast OIF | 23 things from 2023

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

Key hire

Grid Connections: Who’s going where in Australia’s energy transition

A rolling roundup of Australian energy-sector job moves, listing dozens of executives, directors and ministers joining or leaving utilities, regulators, developers and industry bodies between May and December 2023.

Pre-seed

Why We Invested In Haast

Aura Ventures' post sets out its case for leading Haast's pre-seed round alongside Black Sheep Capital and angel investors, backing the AI startup's platform for brand and regulatory compliance across digital marketing.

Also Aura Group portfolio·SmartCompany·Startup Daily·SmartCompany·Startup Daily

3 deals

Three Aussie entrepreneurs to watch

Profiles three founders: Kismet's Mark Woodland ($4m pre-seed for disability-services software), Forage's Tom Brumskill and Pasha Rayan (job-simulation platform, Series A and B), and Diolog's Amy Benson (self-funded investor-communications startup planning a seed round).

Also Startup Daily

8 deals

$739 million hits start-ups in Q3 – but funding still lags behind 2022

A quarterly venture funding report shows Australian startups collected $739 million across 77 deals in Q3 2023, trailing earlier periods; SafetyCulture and Lyre's Spirit Co drew the largest rounds while female founders' share improved.

Also TechCrunch Australia·SmartCompany·Capital Brief·Startup Daily·AgFunderNews·AgFunderNews

9 deals

Eight Aussie startups that raised $85.6 million this week

Weekly roundup reporting eight Australian startups together raised $85.6 million across mining tech, cybersecurity, waste, energy storage, health and micromobility, plus a Google.org grant for Global Sisters.

Also Startup Daily·Startup Daily·SmartCompany

3 deals

Ignition Lane's Great Big Annual Wrap

Ignition Lane's year-end review of 2022 tech news: shifting VC sentiment, record Australian fund raises, grocery delivery failures and shutdowns, local M&A, crypto fallout, awards, and global stories from Twitter to ChatGPT.

Also AgFunderNews

9 deals

Ignition Lane's Great Big Wrap: VCs court cash, an M&A bash & Canva makes a splash

Ignition Lane's weekly tech roundup covering fresh Australian startup raises, new venture funds and closes, a wave of acquisitions, delistings and a liquidation, executive moves, and Canva's product launch.

Also Techboard·Startup Daily

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