Ledger. Australian venture funding, tracked

Startup · $30m raised · Healthcare

HealthEngine

Perth, WA

Coverage

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

7 deals

Asian VC Sequoia India selects two Australian startups for its accelerator after rebrand and split from US

Peak XV, the former Sequoia India, has picked Relevance AI and Mercu for the ninth Surge cohort, while recalling earlier Australian investments including HealthEngine, Checkbox, Nugit and the collapsed delivery firm Voly.

3 deals

Purpose Ventures closes $37M fund to invest in WA startups

Kylie and Derek Gerrard's Purpose Ventures has closed $37m for its Western Australian startup fund, with WA investors, the Steinberg Family Office as cornerstone backer and state government operational support.

Also Startup Daily

43 deals

Ignition Lane's Weekly Wrap: The Great Reengagement, backing Web3, riding the markets & the big local raises

Ignition Lane's weekly tech roundup: AirTree raises $700m across three new funds, dozens of Australian startups announce rounds, a wave of acquisitions including Block completing its Afterpay buy, plus Web3 commentary and US market moves.

Also SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily

2 deals

Functionly secures US $2.7m (AU$3.6m) in seed round funding to disrupt the organisational design industry with simple software for leaders

Org-design software maker Functionly announced a AU$3.6m seed round with Black Nova Venture Capital leading and several funds plus angels taking part, bringing its overall funding to AU$5.9m alongside an earlier A$598k government grant.

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