Two Aussie startups that raised $132 million this week
Weekly roundup covering UpGuard's $105 million Series C and EatClub's $27 million Series B, plus earlier funding history for both Australian companies.
Startup · $45.2m raised
Dynamic pricing app helping restaurants fill tables with time-sensitive discounts
Melbourne, VIC
Every investor coverage indicates participated in a round EatClub raised.
| Investor | Rounds | Invested |
|---|---|---|
| CoAct | Series B · Series A | - |
| CoAct Capital | Series A | - |
| EVP | Series B | - |
| Gandel Invest | Series A | - |
| Les Szekely | Series A | - |
| Marbruck | Series B · Series A | - |
| Marbruck Investments | Series B | - |
| Platform Advisory | Series A | - |
Investors whose own portfolio pages list EatClub, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| OneVentures | its portfolio page ↗ |
Companies EatClub acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming EatClub. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup covering UpGuard's $105 million Series C and EatClub's $27 million Series B, plus earlier funding history for both Australian companies.
Australian dining-discounts marketplace EatClub has secured $27 million from Marbruck and earlier backers to accelerate its British rollout, with its valuation reportedly climbing past $200 million.
EVP says its fifth fund is live and nearing its $100 million cap, with most commitments from returning backers; the post describes its Series A business-software strategy and names portfolio companies.
Forbes Australia profiles EatClub co-founder Pan Koutlakis, whose restaurant discount app raised $18.2 million in a Series A led by Co:Act Capital to fund UK expansion after a near-collapse during COVID.
Cut Through Venture's analysis of Queensland's FY2025 ecosystem: $417 million over 109 deals, climate tech and enterprise software leading, plus standout rounds from EatClub, EcoJoule Energy, FairSupply and WearOptimo.
Weekly roundup of seven Australian startup raises, led by Airwallex's Series F, plus EatClub, Kite Magnetics, Termina, Preve, Foremind and Liveheats.
Also Startup Daily
Australian dining discounts platform EatClub has secured Series A backing with Co:Act Capital leading, to support its London expansion and product development; Gandel Invest, Marbruck and Platform Advisory also took part.
Also Forbes Australia·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Forbes Australia
Techboard's monthly roundup tallies October 2022 startup funding at $661m across 99 deals, listing megadeals such as Airwallex, acquisitions, Square Peg's $861m fund close and government grants to program operators.
Also @AuManufacturing
Coverage of AgFunder and AgriFutures' new Asia-Pacific investment report, which found Australian agrifoodtech startups attracted $565.5 million across 55 deals in 2021, plus Lyro's raises and evokeAG 2023 applications.