Ledger. Australian venture funding, tracked

Corporate / CVC · 2 deals

Google

Technology company operator of Firebase, referenced as comparison

Coverage

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

Funding announcement

Veridooh appoints former IPG CEO David Bell to advisory council

Australian adtech firm Veridooh adds ex-Interpublic chief executive David Bell to its advisory council; the write-up also covers his career and Veridooh's 2022 Series A raise.

Funding announcement

Bower raises $2M to bring ambient intelligence to the research lab

Bower, an Australian startup, has closed a $2 million pre-seed round led by TEN13 with Admiralty Capital Group, Edale Capital and angel backers, funding ambient AI that captures laboratory work as structured research records.

5 deals

AgriFood Signals: Ranch tech startup Ranchbot nets $15m, Target hires chief AI officer, plant cell culture megadeal

AgFunderNews roundup of agrifood funding raises, executive appointments, shutdowns and partnerships, including Ranchbot's Series B, ClimateAi and Cultimate shutting down, and Novonesis seeking sole control of MicroBioGen.

12 deals

🇦🇺 This Week in Australian Startups #173, 9th August 2026

Weekly roundup: Firmus completes its $2.85b round; Procore acquires DroneDeploy; Atlassian rebounds while Canva cuts guidance; plus fresh raises for Zabidou, BioScout, Vexev, Enrola, Spacetalk and others.

Also Dealroom·RenewEconomy·RenewEconomy

Unnamed stage $60m+

Unlockd cofounder Matt Berriman calls time on his US legal fight over Google killing his startup

Unlockd cofounder Matt Berriman has ended his eight-year US antitrust fight against Google after the appeal failed, closing the chapter on the adtech firm that raised over $60 million before Google's 2018 ban.

Also SmartCompany

Funding announcement

Meet our Winter 26 Accelerator cohort

Startmate unveils its incoming Winter '26 accelerator intake, profiling AI, aerospace, legal tech, construction and healthcare startups founded across Australian cities, with others based in San Francisco and Christchurch.

4 deals

Queensland startup uses AI to give cancer patients their voices back

Queensland medtech Laronix has built AI that recreates patients' own voices from brief recordings; the profile recalls its 2023 seed round, earlier federal grants and a 2025 non-dilutive award.

Also Startup Daily

News

Q-Day: why quantum readiness can't wait, with Vikram Sharma, QuintessenceLabs

Allens' Cyber Brief podcast hosts QuintessenceLabs founder and CEO Vikram Sharma discussing quantum computing threats to encryption, harvest-now-decrypt-later attacks, and the governance steps boards should take toward post-quantum readiness.

3 deals

Sierra Raises $950M at $15B, Locking 40% of the Fortune 50 Into Its Agent Platform Before the Labs Go Direct

Analysis of Sierra's $950 million raise at a $15 billion valuation with Tiger Global and GV at the lead, weighing its revenue multiple, Fortune 50 customer lock-in, and competition from OpenAI and Anthropic's ventures.

11 deals

Seven ANZ startups that raised $71.8 million this week

Weekly roundup covering seven raises across the Tasman: Phonely's Series A, Pay.com.au's private placement, and rounds for Atomic Tessellator, Caruso, Deteqt, Clean Slate Clinic and Earthletica, worth roughly $72 million combined.

Also crane.vc

Unnamed stage ~$2.5m

Palmer Luckey: From Oculus Founder to Anduril Defense Tech Leader

Profile of Palmer Luckey tracing his Oculus VR venture, its multibillion-dollar Facebook acquisition, his co-founding of defense tech firm Anduril Industries, and his gaming hardware venture ModRetro.

Series D+ $950m

Bret Taylor's Sierra raises nearly $1 billion months after last capital push

Sierra, the enterprise AI agent firm started by Bret Taylor and Clay Bavor, has banked a $950 million Series E with Tiger Global and Google Ventures at the helm, plus Benchmark, Sequoia and Greenoaks.

Also TechCrunch Australia·aivy.com.au·cmswire.com·theaiworld.org·faq.com.tw·groundy.com

8 deals

Three ANZ startups that raised $61.4 million this week

Weekly roundup of three Series A raises: chipmaker Syenta (US$26m), insights platform Ideally and battery recycler Renewable Metals, detailing leads, amounts and each company's earlier funding.

Also Startup Daily

Exit / M&A

Canva paints itself as an AI work platform with Simtheory, Ortto acquisitions

Canva has bought Sydney AI startup Simtheory and marketing automation firm Ortto, its fifth and sixth acquisitions in ten months, as it repositions from design tool to AI workplace platform; no prices disclosed.

Also Startup Daily·Startup Daily·This Week in Australian Startups

2 deals

Capital returns but discipline and liquidity remain key

A retrospective on 2025 Australian venture activity: large raises at Firmus, Heidi Health, Airwallex and others, deep tech momentum, and Folklore's own backing of Hullbot and Sphere.

Also Square Peg Capital·Australian FinTech·Cut Through Venture·SmartCompany·Startup Daily·Startup Daily·Startup Daily·RenewEconomy·RenewEconomy·Fintech News Australia

Key hire

Michelle Toscan appointed APAC head at Advanced Navigation

Advanced Navigation has hired Michelle Toscan to lead its Asia-Pacific operations, tasking her with defence and government engagement as the navigation systems maker supplies primes including Rheinmetall and Boeing.

8 deals

Cheque-in: 6 startups kicked off December raising $24.2 million this week

Six Australian startups, including Bodd, Hachiko and Cor, collectively secured about $24 million in fresh backing, while seaweed peer Sea Forest floated on the ASX and jumped in early trade.

8 deals

Six Aussie startups that raised $24.2 million this week

Weekly funding roundup covering raises by Bodd, Hachiko, Fremantle Seaweed, Cor, Detail Earth and Recovr, plus seaweed peer Sea Forest's ASX float at a $112 million market capitalisation.

Also Startup Daily

Pre-seed $2m

💫 Ramplify: December Details

Rampersand's December newsletter leads with its $2m pre-seed investment in Cor, maker of the Obi AI avatar coach, plus trend retrospectives, tech news, portfolio updates, community events and a job ad.

Also SmartCompany·Startup Daily

13 deals

Six ANZ startups that raised $211.1 million this week

Roundup of six Australian and New Zealand funding rounds, headlined by Heidi Health and Octopus Deploy, also covering Nexl, OpenSolar, Lucent and PAM, with past acquisitions of Stella AI, MagicBrief and Codefresh noted.

Also Startup Daily·Startup Daily·Women's Agenda

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