FUNDED May 2023
Techboard's May 2023 roundup of Australian startup funding: 42 private raises topped by Fleet Space's $50m round, two $40m acquisitions, multiple grants, accelerator intakes, and fund news including GiantLeap's $50m fund raise.
Company
Every published round Education Perfect took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Education Perfect has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Education Perfect, as distinct from the investments it has made.
Companies Education Perfect has backed that another company then bought. An exit for the holding, not a deal Education Perfect did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Education Perfect is recorded as having been acquired. | ||||
Companies Education Perfect acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Essential Assessment | Acquisition | May 2023 | $40m | Techboard, Startup Daily |
Stories naming Education Perfect. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Techboard's May 2023 roundup of Australian startup funding: 42 private raises topped by Fleet Space's $50m round, two $40m acquisitions, multiple grants, accelerator intakes, and fund news including GiantLeap's $50m fund raise.
New Zealand's KKR-backed Education Perfect has bought Victorian school assessment platform Essential Assessment in a deal reported around $40 million, with founder Andrew Spitty and his team moving across.
Also Techboard
Stone & Chalk announced the initial companies joining its NSW Government-backed Scaleup Hub in Sydney, aiming to support technology growth and innovation.
Atomi, an online teaching platform, has closed a $9 million Series A led by OIF Ventures, which backed it before, with angels also taking part; schools in Australia and the UK use its tools.
Also OIF Ventures portfolio·OIF Ventures portfolio·SmartCompany