Two Aussie startups that raised $26 million this week
Roundup of two Australian raises: a quantum security company's government-led $20m round and a retail analytics startup's US seed round backing its American push.
Startup · $8m raised
Digital visual merchandising platform bridging e-commerce data and bricks-and-mortar retail
Sydney, NSW
Every investor coverage indicates participated in a round Flagship raised.
| Investor | Rounds | Invested |
|---|---|---|
| Wayne Baskin | Seed | - |
| Veridical Ventures | Seed | - |
| Tim Mannah | Seed | - |
| Tidal Ventures | Seed · Seed | - |
| Paul Greenberg | Seed | - |
| Nick Molnar | Seed | - |
| Maurice Ben-Mayor | Seed | - |
| Macdoch Ventures | Seed | - |
| Macdoch and Co Ventures | Seed | - |
| Luke Brooks | Seed | - |
| Coreline | Seed | - |
Investors whose own portfolio pages list Flagship, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Co Ventures | its portfolio page ↗ |
Companies Flagship acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Nick Molnar | External Advisor | SmartCompany |
| Simon Molnar | CEO · Founder | SmartCompany (4 Aug 2026), Startup Daily (4 Apr 2025), SmartCompany (4 Apr 2025), SmartCompany (14 Sep 2023), Startup Daily (12 Sep 2023), Tidal Ventures, SmartCompany (25 Jul 2022) |
Stories naming Flagship. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of two Australian raises: a quantum security company's government-led $20m round and a retail analytics startup's US seed round backing its American push.
Flagship, whose software helps retailers optimise in-store merchandising, has raised a $2 million seed round led by Tidal Ventures, with Afterpay cofounder Nick Molnar, brother of founder Simon, among the backers.
Tidal Ventures reflects on leading Flagship's seed round, describing retail market tailwinds, the visual merchandising product, founder Simon Molnar's background, and its earlier investments in Shippit, Search.io, Carted and Drive Yello.
Profile of Flagship, a Sydney retail-tech startup founded by Simon Molnar, brother of Afterpay's Nick Molnar, which tracks in-store shopper behaviour using battery-less tags and counts Afterpay's early investors among its backers.