Pre-seed
Investment Notes: CounterCurrent
Investible's climate fund has invested in CounterCurrent with UNSW and unnamed angels; the note argues new shipping carbon rules make its AI navigation technology valuable.
Venture capital fund · 2 deals
Investible Climate Tech Fund
Disclosed deals
Every published round Investible Climate Tech Fund 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.
Portfolio
Companies Investible Climate Tech Fund has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Sicona Battery Technologies | 23 Jun 2023, Series A | 1 | 0 | |
| Kite Magnetics | Startup developing stator core motors for electric aviation | 5 Oct 2022, Seed | 1 | 0 |
Funds
Fund closes reported for Investible Climate Tech Fund, as distinct from the investments it has made.
Portfolio companies acquired
Companies Investible Climate Tech Fund has backed that another company then bought. An exit for the holding, not a deal Investible Climate Tech Fund did.
People
Coverage
Stories naming Investible Climate Tech Fund. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
3 deals
Breakthrough Victoria lures Sydney proteins startup Harvest B south in $3.5million pre-Series A
Harvest B, a Sydney-based protein maker, raised a $3.5 million pre-Series A with Mandalay Venture Partners leading and Breakthrough Victoria contributing $2 million, alongside a $2.2 million federal grant and a 2021 seed round.
16 deals
Eight Aussie startups that have raised $75.6 million in the past two weeks
Roundup of eight Australian startups that together raised $75.6 million across two weeks, spanning health, batteries, EV fleets, edtech and equity crowdfunding campaigns.
Also The Mandarin·SmartCompany·Techboard·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Forbes Australia
2 deals
Battery materials startup Sicona charges up with $22 million Series A
Wollongong silicon anode developer Sicona has closed a Series A backed by Himadri, Artesian and other investors, its second raise after a 2021 pre-Series A, with US expansion plans.
Also @AuManufacturing·SmartCompany·Techboard·SmartCompany·Startup Daily
Funding announcement
The Science Behind Backing Science
An Investible investor explains the firm's approach to vetting deep tech startups, recalling its Climate Tech Fund's recent backing of BSpkl, Xefco, Earthodic and Kite Magnetics.
Key hire
Meet the Investible Climate Tech Fund's Advisory Panel
Investible introduces its climate tech fund's advisory panel, profiling three of its members and describing how the group speeds diligence, sources deals and supports portfolio companies.
Seed
$500k
Investible plants $500,000 in pre-Series A for Queensland agtech startup DataFarming
A Queensland agricultural data startup has banked a half-million-dollar pre-Series A round led by a Sydney venture firm, its ninth climate-fund backing, with a larger future raise flagged but not yet secured.
Also AgFunderNews·SmartCompany
Seed
$1.8m
Monash spinout believes it has core ingredient for electric aviation revolution
An AuManufacturing interview with Kite Magnetics co-founder Richard Parsons covers the Monash spinout's newly completed seed raise, its Aeroperm material for electric aircraft motors, and the 2014 sale of MagniX to Clermont Group.