Ecotone Partners

Cheque-in: 17 ANZ startups – plus Brooki and The Memo – raised $59.61 million this week

A weekly roundup of funding deals by Australian and New Zealand startups, spanning baked goods, retail, health AI, beverages, edtech, solar, legal tech, and Western Australian medical research grants.

Business solar startup MetroElectro raises $1 million

Melbourne solar startup MetroElectro has landed $1 million from Wavemaker Impact plus $4 million in debt from Ecotone Partners, adding to its 2024 pre-seed, to put panels on commercial rooftops.

Also Startup Daily

Five Aussie startups that raised $85 million this week

Roundup of five Australian raises totalling $85 million: National Renewable Network's Series A, plus Syenta, Cuttable, SprintSuite and Bitwise Agronomy, with lead investors and expansion plans for each.

Renewables virtual power plant startup charges up with $17 million Series A

Household virtual power plant platform NRN has secured a $17 million Series A led by Investible and Virescent Ventures, plus $50 million debt from Infradebt, with Ecotone Partners newly joining via its Planet Fund.

Also Startup Daily

NRN's $67.2 million raise charges up virtual power plant growth

Sydney clean energy startup NRN has secured a $67.2 million Series A co-led by Investible, Virescent Ventures and Ecotone Partners' Planet Fund, plus Infradebt debt, to scale its virtual power plant platform.

Also RenewEconomy·Dealroom·SmartCompany·RenewEconomy·RenewEconomy·RenewEconomy

Investment Notes: National Renewable Network

Jelix's investment note explains why its fund joined NRN's oversubscribed $4.3m raise ahead of its Series A, covering the startup's solar financing model, rapid revenue growth, and market opportunity.

Also SmartCompany·Startup Daily·RenewEconomy

Eight Aussie startups that raised $80 million this week

Weekly funding roundup covering eight local companies that together banked $80m, topped by twin $17m Series Bs at Safewill and Fresho, plus Celosia's $16.75m Series A and five smaller rounds.

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

How The Planet Fund is meeting the capital needs of climatetech

LaunchVic case study on Ecotone Partners' Planet Fund, a climate investment vehicle launched with grant support and $20 million committed, aiming to fill a financing gap for climatetech founders.

Q&A: Climate Salad and Climate Angels

LaunchVic Q&A with leaders of Climate Salad and Ecotone's angel network on Victoria's climate tech scene, recalling Lug+Carrie's $5 million raise and grants supporting both networks, with mentions of Allume Energy, Kapture and others.

eBike subscription startup Lug+Carrie banks $5 million bridge round for US launch

Melbourne e-cargo bike subscription firm Lug+Carrie has landed $5 million in bridge financing ahead of planned Brisbane and Canberra launches and a US push, with Ecotone Partners helping arrange the deal.

3 angel investing groups just scored $900,000 in Victorian government grants

Victoria granted $900,000 across three new angel networks to back early-stage startups, while LaunchVic grant recipient Archangel Ventures has launched a $25 million venture capital fund.

Also Techboard·LaunchVic·LaunchVic

Giant Leap's Small Steps: Solving sleep's goldilocks problem with startups

Giant Leap's impact newsletter announces its first fund is complete, discusses sleeptech and healthtech credibility, cites Climate Salad's climate report, and notes new programs for Indigenous founders and climate research commercialisation.