Ledger. Australian venture funding, tracked

Founder Partner, Glitch Capital · angel in 2 deals

Geoff Tarrant

Coverage

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

4 deals

The Victorian Opposition wants to end the state’s $2 billion VC fund

Victoria's opposition pledges to shut down Breakthrough Victoria and sell its investments, calling the state fund a failure. The piece recalls portfolio raises, a rescue deal, an NYSE listing and the LaunchVic merger.

Unnamed stage $2.4m

Breakthrough Victoria, LaunchVic merge under new banner

Victoria has folded LaunchVic and its Breakthrough Victoria investment fund into a new body, Innovation Victoria, naming its chair, deputy chair and leader, while recapping agrifood startups the fund has backed.

Also innovationvictoria.com

Fund close $50m

Leigh Jasper leads a new $50 million fund backed by Australian unicorn founders

Glitch Capital, a new $50m vehicle led by Leigh Jasper and backed by exited unicorn founders, has completed its first deal, backing Melbourne edtech firm Cadmus.

11 deals

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

12 deals

Six Aussie startups that raised $119.9 million this week

Weekly roundup detailing six Australian raises: Q-CTRL's Series B extension, plus fresh capital for Mutinex, Atelier, Rosterfy, Build Club and Axify.ai, naming lead investors and founders throughout.

Exit / M&A

Innovation Victoria: where founders start, scale and succeed

Innovation Victoria launches, merging Breakthrough Victoria and LaunchVic; Geoff Tarrant chairs the board, Monique Conheady deputises and Rod Bristow is CEO; Tarrant co-founded Payapps, bought by Autodesk in 2024.

Also Australian FinTech

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