News
Victoria picks nine start-ups for LaunchVic's 30x30 mentoring program
LaunchVic selected nine Victorian start-ups, including Preezie, for a mentoring bootcamp with executives from Atlassian, Uber, Dropbox, Seek and Canva.
CEO, Saniel Ventures · angel in 11 deals
Leigh Jasper
Roles
Disclosed deals
Every published round Leigh Jasper 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 Leigh Jasper has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Buildxact | 1 Feb 2022, Series A | 1 | 0 | |
| Circle In | Platform for creating safe, inclusive and caring workplaces | Apr 2023 | 1 | 0 |
| EstimateOne | Oct 2022 | 1 | 1 | |
| Explorate | Fast-growing Australian tech company backed by Skalata | 7 Feb 2022, undisclosed | 1 | 0 |
| Inspace | 2 Dec 2021, Seed | 1 | 0 | |
| Mastt | 2021 | 2 | 0 | |
| Matrak | SaaS tool tracking the supply chain of commercial and residential construction projects | 1Q 2021, Series A | 1 | 0 |
| Varicon | 21 Mar 2022, Seed | 1 | 0 | |
| Veyor Digital | 23 Apr 2024, Seed | 1 | 0 | |
| Zipline.io | 21 Dec 2022 | 1 | 0 |
Funds
Fund closes reported for Leigh Jasper, as distinct from the investments it has made.
Portfolio companies acquired
Companies Leigh Jasper has backed that another company then bought. An exit for the holding, not a deal Leigh Jasper did.
Coverage
Stories naming Leigh Jasper. 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.
Series A
US$11m
ProcurePro raises US$11M as French construction giant Bouygues moves from customer to backer
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.
Key hire
Innovation Victoria | LaunchVic
LaunchVic announces Innovation Victoria, a new body combining its work with Breakthrough Victoria's, with Rod Bristow installed as chief executive and long-time chairs Leigh Jasper and John Brumby departing.
3 deals
ProcurePro raises $15 million to bring AI to construction procurement
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.
3 deals
Six months in Austin: BuildPass says the US is already 20% of revenue
BuildPass, a Melbourne construction software maker, says its American business now exceeds a fifth of revenue half a year after opening in Austin, with growth credit from Mighty Partners funding the expansion.
11 deals
Six Aussie startups that raised $123.2 million this week
A weekly roundup detailing new funding rounds for six Australian startups: Lyka, PlasmaLeap, Firmable, Veyor, Lumonus and Future Minds Network, with investors and round details.
2 deals
AI sales startup Firmable bags $14 million to expand to the US
Firmable, which sells AI sales-intelligence tools, has banked a $14 million Series A with Airtree leading, plus angel money from Sue Morphet, Sam Kroonenburg, Martin Hosking and Rob Phillpot, to fund a US push.
2 deals
Aconex and Firmable founder Leigh Jasper to headline Growth Summit in Melbourne
Leigh Jasper keynotes SmartCompany's February 2026 startup event in Melbourne; the profile recalls his Aconex journey to an Oracle sale, Firmable's seed raise and his venture fund roles.
News
Propeller Aero cofounder Rory San Miguel named the 2025 NSW Pearcey Entrepreneur of the Year
Propeller Aero's chief executive Rory San Miguel has won the Pearcey Foundation's 2025 NSW entrepreneur award; the profile traces his path from UNSW clubs and Flirtey to the drone surveying company.
Fund close
$50m
Leigh Jasper leads a new $50 million fund backed by Australian unicorn founders
Glitch Capital, a new $50m vehicle led by Leigh Jasper and backed by exited unicorn founders, has completed its first deal, backing Melbourne edtech firm Cadmus.
Exit / M&A
Looking Back to Look Forward
Blackbird partner Samantha Wong reflects on a decade of the firm's Sunrise conference and Australia's startup ecosystem, recalling Atlassian's Nasdaq listing and Aconex's float and sale to Oracle.
Also OIF Ventures portfolio·OIF Ventures portfolio·thelawyermag.com·SmartCompany·SmartCompany·LaunchVic·LaunchVic
5 deals
Four ANZ startups that raised $26.9 million this week
Weekly roundup of four ANZ raises: Conflux Technology's $11 million Series B, BuildPass's $7.5 million seed, Projectworks's US$5 million Series A alongside a CEO change, and DNAiTECH's NZ$1 million round.
Also Startup Daily
9 deals
Nine ANZ startups that raised $60.3 million this week
Roundup of the week's funding news: nine companies across Australia and New Zealand secured investment spanning clean energy, construction logistics, legal tech, coaching, research tools, creator media, medtech and marketing software.
Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·LaunchVic
Seed
$2.8m
Logistics startup Veyor Digital raises $2.75 million, plans US growth
Veyor Digital, which builds scheduling software for construction logistics, has raised $2.75 million in a pre-Series A round led by Investible to fuel its push into North America.
6 deals
Five Australian startups that raised at least $38.2 million this week
Roundup of five Australian startups that secured new capital this week: Amber Electric's $29m Series C, ProcurePro's $6.15m, Yume's $2m seed, Alt.Leather's $1.1m seed, plus an undisclosed Tenacious Ventures investment in Nbryo.
Series A
$6.2m
Construction software startup ProcurePro builds $6.15 million Series A for UK expansion
Brisbane construction procurement software maker ProcurePro has secured $6.15 million in a Series A backed by AirTree and Leigh Jasper's Saniel Ventures, funding its push into the UK.
13 deals
Nine Aussie startups that raised $40.5 million this week
Weekly roundup covering nine Australian startups' new capital totalling $40.5 million, across solar, quantum computing, marketing tech and crowdfunding, plus a look back at Aconex's $1.6 billion Oracle sale.
Also SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Wholesale Investor
Unnamed stage
$2m
Caregiver software start-up Circle In bucks dire investment trend for female-led start-ups, raises $2m in funding
Melbourne family-care benefits platform Circle In has closed a $2m round, adding Alberts Impact Ventures to existing private backers and LaunchVic's Alice Anderson Fund, while research highlights shrinking venture money for women-only founding teams.
Also Alberts Impact Ventures portfolio·Alberts Impact Ventures portfolio·Startup Daily·SmartCompany·Women's Agenda
2 deals
Health regtech startup Zipline banks $10 million for US push
Compliance software firm Zipline.io has secured A$10 million, led by existing backer EVP, to grow in the US, with SecondQuarter Ventures giving staff and early investors liquidity; a prior A$6 million Series A2 closed in November 2021.
20 deals
Christmas comes early for 14 Aussie startups that raised $260 million this week
Weekly roundup covering 14 startup raises totalling over $260 million, headlined by Synchron's $110 million round, plus Roller's shareholder liquidity payout, Partly's record New Zealand Series A, and several government grants.
Also Startup Daily·Startup Daily·Techboard·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup News (WA)·Startup News (WA)
2 deals
Alternative liquidity investor SecondQuarter raises $83 million for 2nd fund backed by Andrew Forrest, Sam Kroonenburg & Dom Pym
Secondaries fund SecondQuarter has reached an $83m first close on its second vehicle, aiming past $100m, with founder-angels and Minderoo among new backers; its portfolio includes past sales of ActivePipe and A Cloud Guru.
Also Techboard
Unnamed stage
Multi-award-winning fintech Adatree successfully closes second funding round
Australian Consumer Data Right platform Adatree closed an oversubscribed second funding round, drawing re-investment from existing backers and new investors including Aconex's co-founders' family offices and MoneyPlace's founder.
Also Techboard·Startup Daily
2 deals
Construction tech startup Varicon nails $2.25 million Seed round
Tasmanian construction cost-management software firm Varicon raised a $2.25 million seed round led by Black Nova with several industry angels, following a smaller raise a year earlier, to support national expansion.
Also Startup Daily
Seed
$7m
News
Fund manager V-Ignite named to back Victorian startups
LaunchVic has chosen new fund manager V-Ignite, led by Neil Stanford and Brighid Pappin, to run Victoria's startup capital fund, which will raise from private investors to match a government cornerstone commitment.
43 deals
Ignition Lane's Weekly Wrap: The Great Reengagement, backing Web3, riding the markets & the big local raises
Ignition Lane's weekly tech roundup: AirTree raises $700m across three new funds, dozens of Australian startups announce rounds, a wave of acquisitions including Block completing its Afterpay buy, plus Web3 commentary and US market moves.
Also SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily
2 deals
Unnamed stage
$35m
EstimateOne picks up $35 million in first raise
Melbourne construction procurement platform EstimateOne has raised its first external capital, $35 million from Potentia Capital and investor Leigh Jasper, whose firm's partner and managing director now join the company's board.
Unnamed stage
$600k
Tint bags $600,000 for tech disrupting the way we buy paint
Paint-tech startup Tint raised $600,000 via an equity crowdfunding campaign on Equitise, with earlier backing from prominent angels, to expand beyond Melbourne and grow its online paint business.
2 deals
Tiger Global places another Aussie bet, this time on Assignar
Tiger Global led a US$16.5m secondary funding round in construction software firm Assignar, co-led by SecondQuarter Ventures, with Fifth Wall and HighSage taking part; past backers and a $20m Series B are recalled.
Seed
$4m
OIF, Leigh Jasper back virtual inspection play Inspace
Virtual inspection platform Inspace has secured A$4 million in fresh capital, with Our Innovation Fund leading the round alongside Leigh Jasper, Investible and Artesian. OIF partner Geoff Levy joins the board.
Also OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio
79 deals
CTV Funding News - 1Q 2021
Cut Through Venture's debut quarterly newsletter rounds up Q1 2021 raises across Australian and New Zealand startups, highlighting crowdfunding, fintech dominance, active investors, and two newly launched startups currently seeking backers.
Also OIF Ventures portfolio·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·TechCrunch Australia·TechCrunch Australia·TechCrunch Australia·@AuManufacturing·@AuManufacturing·@AuManufacturing·LaunchVic
2 deals
Key hire
Innovation Victoria - Breakthrough Victoria
Breakthrough Victoria's page announces Innovation Victoria, a new Victorian entity combining Breakthrough Victoria and LaunchVic from early July, with Rod Bristow as CEO, existing programs and investments continuing and both chairs stepping down.