This Week in Australian Startups #174, 16th August 2026
Australian startups raised funds including Alloy Robotics, Farmbot and Atmo Biosciences. Firmus Technologies acquired Benmax while Tabcorp bought BetMakers. SafetyCulture rebranded to Mitti.
Venture capital fund · 1 deal
Every published round Level VC 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.
Companies Level VC has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Farmbot | Farmland remote water and asset monitoring platform for livestock farms | 14 Aug 2026, Series B | 1 | 0 |
Fund closes reported for Level VC, as distinct from the investments it has made.
Companies Level VC has backed that another company then bought. An exit for the holding, not a deal Level VC did.
Stories naming Level VC. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian startups raised funds including Alloy Robotics, Farmbot and Atmo Biosciences. Firmus Technologies acquired Benmax while Tabcorp bought BetMakers. SafetyCulture rebranded to Mitti.
Eight Australian and New Zealand startups secured a combined $67.4 million in funding across various sectors including agtech, medtech, robotics, and fintech.