Ten Aussie startups that raised $39 million this week
Roundup of ten Australian startup raises totalling $38.8 million, topped by Heidi Health's Series A, also recording an Outstaffer executive appointment and the earlier sale of CarAdvice to Nine.
Investor · 1 deal
Every published round Hugo-Hamman Investments took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Factory.app | Seed | 23 Oct 2023 | $1m | Participant | SmartCompany, Startup Daily, Investible portfolio |
Companies Hugo-Hamman Investments has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Factory.app | 23 Oct 2023, Seed | 1 | 0 |
Fund closes reported for Hugo-Hamman Investments, as distinct from the investments it has made.
Companies Hugo-Hamman Investments has backed that another company then bought. An exit for the holding, not a deal Hugo-Hamman Investments did.
Stories naming Hugo-Hamman Investments. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of ten Australian startup raises totalling $38.8 million, topped by Heidi Health's Series A, also recording an Outstaffer executive appointment and the earlier sale of CarAdvice to Nine.
Sydney software firm Factory.app has banked a $1.05 million seed round, Investible leading alongside angel and venture backers, to digitalise manufacturing workflows for small fabricators before expanding overseas.
Also SmartCompany