Ledger. Australian venture funding, tracked

Venture capital fund · 17 deals

Horizons Ventures

Hong Kong, OS

Coverage

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

7 deals

The 8 Australian startups on Forbes Asia's 100 To Watch list

Eight Australian companies make Forbes Asia's annual 100 To Watch list; the piece profiles each and recaps recent raises across climate tech, health and software.

6 deals

The $15bn National Reconstruction Fund takes $32 million stake in AI medical diagnostics startup Harrison.ai

Harrison.ai has received $32 million from the National Reconstruction Fund Corporation toward its Series C, with the federal investor's December backing of Vault Cloud, Myriota and Quantum Brilliance also noted.

Also Women's Agenda·Forbes Australia

12 deals

From quantum computing to quesadillas: Top 12 biggest capital raises of 2024

Year-end roundup ranking 2024's twelve largest startup raises, headed by PsiQuantum's $940 million government-backed quantum computing round, plus Guzman y Gomez's ASX listing and Betashares' Temasek investment.

2 deals

Fleet Space raises $100M to scale satellite-enabled mineral prospecting tech

Adelaide satellite company Fleet Space has banked a $100 million Series D, with Teachers' Venture Growth leading and a $525 million valuation, to grow ExoSphere, its space-based mineral exploration platform.

Also TechCrunch Australia·spaceexplored.com

3 deals

Fleet Space lands $150 million, valuation rockets to $800 million

Satellite company Fleet Space has closed a Series D backed by Teachers' Venture Growth and prior backers, lifting its valuation past $800 million, with proceeds earmarked for its mineral-exploration platform.

Also Space Connect·spaceanddefense.io·aap.com.au·@AuManufacturing·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Space Connect·@AuManufacturing·Forbes Australia

4 deals

Cauldron awarded $2.8m to advance continuous fermentation tech, appoints CTO

Precision fermentation firm Cauldron wins an Australian government grant for its continuous fermentation platform and appoints David Weiner chief technology officer, alongside mentions of fellow grant recipients and its Horizons Ventures-led Series A.

Also SmartCompany·SmartCompany

6 deals

Five ANZ startups that raised $36.4 million this week

A weekly roundup detailing five raises across Australia and New Zealand: Marmalade, Cauldron, Prophet, Hola Health and Buddy, naming amounts, lead backers and founders.

Series A $9.5m

Cauldron raises $6.25m series A to scale continuous fermentation tech

An Australian precision fermentation maker has banked a Horizons Ventures-led series A to grow its continuous fermentation capacity, with SOSV, In-Q-Tel and Main Sequence also backing the round.

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

3 deals

The 3 Australian companies on Forbes Asia's 100 to Watch list

Three Australian companies — Fleet Space Technologies, MoreGoodDays and Syneta — feature on Forbes Asia's 100 to Watch list; the piece profiles each business, its backers and recent raises.

2 deals

Nourish Ingredients aims to launch fats with an 'authentic animal taste and aroma' in late 2024

Australian precision fermentation startup Nourish Ingredients secures government funding and grants, recalls its Series A, and outlines plans to launch its first animal-like fat in late 2024.

Also AgFunderNews

6 deals

5 Interesting Startup Deals You May Have Missed In April: Organic Computers, Recycling Chopsticks And Separating Waste

A monthly Crunchbase roundup of five overlooked venture rounds, including raises by ChopValue, Australia's Cortical Labs, Harvey, Sepura Home and Ebb Carbon, with lead investors and amounts for each deal.

Also Crunchbase News

Unnamed stage $15m

The biotech startup behind the petri dish of brain cells that played Pong just raised $15 million

Melbourne synthetic biology company Cortical Labs has secured US$10 million (A$15 million), led by Horizons Ventures with four co-investors, to advance its brain-cell computing platform commercially and meet pre-orders.

Also TechCrunch Australia·Forbes Australia·SmartCompany·Forbes Australia·Crunchbase News·Crunchbase News

8 deals

The Week in AgriFoodTech: Local Bounti lands $145m, Momofuku Goods bags $17.5m, Vow's 'mammoth' meatball

Weekly agrifoodtech roundup reporting funding for Momofuku Goods, STEER, Cauldron, EV Biotech, Extracellular, Quisto, Local Bounti and Agreena, the shutdown of New Age Eats, and partnership and product news including Vow's mammoth meatball.

Also AgFunderNews

2 deals

Cauldron brews $10.5 million to globalise its precision fermentation platform

Regional NSW precision fermentation startup Cauldron has raised a $10.5 million seed round led by Main Sequence Ventures, following an earlier Queensland government investment, to expand its pilot facilities.

Also Women's Agenda·@AuManufacturing·AgFunderNews·SmartCompany·AgFunderNews·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany

2 deals

Climate change agtech startup Loam raises $105 million Series B

Agtech startup Loam has raised a $105 million Series B co-led by Lowercarbon Capital and Wollemi Capital, following a $40 million Series A, to commercialise its soil-carbon technology.

Also SmartCompany·SmartCompany·Startup Daily

12 deals

The Week in Agrifoodtech: new investments in alternative fat, Kroger buying Albertsons, Beyond Meat cuts 200 jobs

Weekly agrifoodtech roundup reporting funding rounds for alternative fat and agtech startups, acquisitions including Kroger's purchase of Albertsons, and other sector news such as Beyond Meat's job cuts.

2 deals

Nourish Ingredients gets $28.6M boost for its animal-free fats

Animal-free fat maker Nourish Ingredients closed a Series A backed by Horizons Ventures, Main Sequence Ventures and Hostplus, adding to an earlier raise as it scales precision fermentation production.

Also SmartCompany·Startup Daily·AgFunderNews·Techboard·SmartCompany·AgFunderNews·Forbes Australia·@AuManufacturing·@AuManufacturing·@AuManufacturing·@AuManufacturing

Series A $20m

Turnbull's AI robotics bet taps investors for blockbuster raising

Advanced Navigation, with Malcolm Turnbull on its board, is seeking $80-135 million; the piece recalls its 2019 $20 million Series A and Minderoo's strategic investment.

Also @AuManufacturing·SmartCompany·SmartCompany·Forbes Australia

Fund close $250m

Fund 2 Announcement

Australia's Main Sequence has pulled in A$250 million for its second deep tech fund, with existing backers returning and a sharpened emphasis on decarbonisation investments.

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