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.
Corporate / CVC · 1 deal
Every published round Japan Post Capital 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 |
|---|---|---|---|---|---|---|
| Applied EV | Series B | Jan 2026 | $57m | Participant | Startup Daily, SmartCompany (30 Jan 2026), SmartCompany (28 Jan 2026) |
Companies Japan Post Capital has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Applied EV | Melbourne maker of autonomous vehicles, scaling production for logistics and mining | Jan 2026, Series B | 1 | 0 |
Fund closes reported for Japan Post Capital, as distinct from the investments it has made.
Companies Japan Post Capital has backed that another company then bought. An exit for the holding, not a deal Japan Post Capital did.
Stories naming Japan Post Capital. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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.
Roundup of six Australian funding deals: AutoGrab, Applied EV, Checkbox, Hometime, Factory and On the House, with amounts, investors, and Hometime's past acquisitions and raise history detailed.
Also Startup Daily
Melbourne autonomous EV maker Applied Electric Vehicles has secured US$40 million in Series B funding, with the National Reconstruction Fund contributing $30.7 million alongside Barrenjoey, Japan Post Capital, Suzuki and St Baker.
Australia's National Reconstruction Fund has put $30.7 million into Melbourne autonomous vehicle maker Applied EV as the largest slice of a US$40 million Series B alongside Barrenjoey and Japan Post Capital.
The National Reconstruction Fund has put $30.7 million into Melbourne autonomous vehicle maker Applied EV, forming most of its $57 million Series B alongside Barrenjoey and Japan Post Capital.
AFR's driverless-car topic hub: NRF puts $30m into Melbourne maker Applied EV, alongside Waymo's Sydney robotaxi plans, Uber's robotaxi spend, union demands and a progressing Mycar sale.