Venture capital fund · 1 deal
Paris, OS
Every published round ISAI 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 |
|---|---|---|---|---|---|---|
| ProcurePro | Series A | 4 Aug 2026 | US$11m (A$15.7m) | Participant | Startup Daily, Glitch Capital portfolio |
Companies ISAI has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| ProcurePro | Brisbane startup that raised a $15 million Series A led by QIC Ventures. | 4 Aug 2026, Series A | 1 | 0 |
Fund closes reported for ISAI, as distinct from the investments it has made.
Companies ISAI has backed that another company then bought. An exit for the holding, not a deal ISAI did.
Stories naming ISAI. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Brisbane procurement software startup ProcurePro closes a US$11 million round led by QIC Ventures, with customer Bouygues joining as an investor via ISAI vehicle.
Brisbane construction procurement software maker ProcurePro has raised a round led by QIC Ventures with Bouygues aboard, valuing it above $110 million, to fund AI development, hiring and a planned US office.