Investor · 6 deals

Luxem

Disclosed deals

Every published round Luxem 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
Loopit	Seed	21 Jun 2024	$4m	Participant	Upswell Common Sense Ventures AeroCorp BetterLabs Tidal Common Sense Royal Automobile Club of West Australia	SmartCompany, Australian FinTech
Orkestra	Seed	Oct 2023	$2m	Participant	Tidal Ventures Rampersand Impact Ventures Management Phil Blythe Danin Kahn Oliver Hartley Andrew Rogers	Startup Daily (7 Nov 2024), SmartCompany, Startup Daily (20 Oct 2023), Rampersand portfolio, Tidal Ventures portfolio
Medoo	Pre-seed	26 Jul 2022	-	Participant	Afterwork Ventures Dan Gavel Peter Huynh Dr Vu Tran Guy Pearson Anna Podolsky Gabriel Guedes	Afterwork Ventures portfolio (26 Jul 2022), Afterwork Ventures portfolio (27 May 2022)
Loopit	Seed	27 Jun 2022	$3.6m	Participant	Tidal Ventures Upswell Ventures	SmartCompany (21 Jun 2024), Australian FinTech (15 Dec 2022), Australian FinTech (5 Aug 2022), SmartCompany (22 Jul 2022), Tidal Ventures portfolio
Layer	Seed	10 May 2022	$3.9m	Participant	Aura Ventures Carthona Capital Flying Fox Ventures Ten13 Black Sheep Capital Tribe Ventures Chris Eigeland Dr Vu Tran	Aura Group portfolio, Aura Ventures, Startup Daily
Blakthumb	Pre-seed	11 Apr 2022	$825k	Participant	Tidal Ventures Black Nova Venture Capital Afterwork Ventures	Afterwork Ventures portfolio, Startup Daily, Tidal Ventures portfolio

Portfolio

Companies Luxem has backed in a published round, and companies whose existing shares it bought off another holder.

Company	What it does	First invested	Rounds
Blakthumb		11 Apr 2022, Pre-seed	1
Layer	Managed marketplace democratising access to licensed content for games and metaverse owne…	10 May 2022, Seed	1
Loopit	Sydney software company whose platform underpins subscription and rental services worldwi…	27 Jun 2022, Seed	2
Medoo		26 Jul 2022, Pre-seed	1
Orkestra		Oct 2023, Seed	1

Funds

Fund closes reported for Luxem, as distinct from the investments it has made.

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for Luxem yet.

Portfolio companies acquired

Companies Luxem has backed that another company then bought. An exit for the holding, not a deal Luxem did.

Company	Bought by	Kind	Announced	Price
No portfolio company of Luxem is recorded as having been acquired.

Coverage

Stories naming Luxem. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

19 deals

Nine Aussie startups that raised $38.3 million this week

Roundup of nine local startups that together banked a combined $38m-plus this week, spanning precision instruments, proptech, adtech, robotics, food, energy storage and AI, with several earlier raises recalled.

SmartCompany 21 Jun 2024 Andromeda Robotics Archistar Linkby Liquid Instruments Loopit Maxme MGA Thermal Naked Rivals TrueState Australian Investment Network Australian National University Coles Disney Government of New South Wales HelloCars LaunchVic McKinsey QuantumBlack NASA Nine Pedestrian TV Pixar Woolworths AeroCorp AirTree Ventures Alice Anderson Fund Australian Renewable Energy Agency (ARENA)Breakthrough Victoria Common Sense Galileo Ventures Imprint Capital Partners Luxem NAB Ventures OIF Ventures Perennial Private Investments PEXA Purpose Ventures Royal Automobile Club of West Australia Shell Side Stage Ventures Skip Capital Tidal Upswell Prabhat Sethi Adrian Fagerlund Dr Alexander Post Andrew Chak Andrew Gordon Dr Benjamin Coorey Chris Wirasinha Professor Daniel Shaddock Dr Erich Kisi Grace Brown Kate Gordon Mark Croudace Michael Higgins Paul Higgins Renata Sguario Robert Coorey Will Ashford

Also Australian FinTech·Startup Daily·SmartCompany·AgFunderNews

14 deals

Ten Aussie startups that raised $39 million this week

Roundup of ten Australian startup raises totalling $38.8 million, topped by Heidi Health's Series A, also recording an Outstaffer executive appointment and the earlier sale of CarAdvice to Nine.

SmartCompany 27 Oct 2023 CarExpert CipherStash Employment Hero Factory.app Got Cakey Heidi Health LAB Group LifeBid Local Measure Orkestra Outstaffer Amazon Web Services Australia Broadband Birchal iTW Listing Loop Nine Stride Equity TechnologyOne 1in100 Ventures AirTree Ventures Alua Group Archangel Ventures Beachhead Venture Capital Blackbird Ventures Future Now Capital Global Credit Investments HESTA Hostplus Hugo-Hamman Investments Impact Ventures Management Investible Luxem Mondo Ventures Possible Ventures Rampersand Saniel Ventures Seven West Media Side Stage Ventures Skip Capital Spring Capital Stride Group Tidal Ventures Utiliti Ventures Wormhole Capital Adrian DiMarco Andrew Rogers Danin Kahn John Poynton Jonathan Barouch Laurence Escalante Michael Locaso Oliver Hartley Phil Blythe Blayz Meredith Brett Wright Dan Draper Jay Curtin Kerry Stokes Lyndon Webster Michael Lutkajtis Nick Boudrie Paul Lutkajtis Thomas Derum Dr Thomas Kelly Waleed Mussa Yu Liu

Also SmartCompany·Startup Daily

2 deals

Re-Seeded: Tidal backs renewables startup Orkestra again in new $2 million raise

Melbourne renewables software firm Orkestra has secured $2 million in a follow-up seed round led again by Tidal Ventures, alongside Rampersand, Impact Ventures, Luxem and four climate tech investors, with a Series A next.

Startup Daily 20 Oct 2023 Orkestra Energy Australia Origin Energy Impact Ventures Management Luxem Rampersand Tidal Ventures Andrew Rogers Danin Kahn Oliver Hartley Phil Blythe James Allston

Also SmartCompany·Startup Daily

Funding announcement

Phil Gilbert Motor Group teams up with Loopit to bring car subscription to more Aussie drivers

Sydney dealership group Phil Gilbert partners with subscription platform Loopit, which also recently completed a 3.6 million dollar seed round led by Tidal Ventures with Upswell Ventures and Luxem participating.

Australian FinTech 26 Sep 2022 Hyundai Kia Loopit Luxem SIXT Tidal Ventures Toyota Upswell Ventures Michael Higgins

8 deals

HIVERY, mx51, Refundid, and more: Local startups raise over $100 million in recent weeks despite market fearmongering

A roundup of Australian startups that raised funds in recent weeks: mx51, Refundid, Storipress, HIVERY, InternMatch, upcover, Pearler and Loopit together secured over $100 million despite a cooling venture market.

Also Cut Through Venture

Pre-seed

Investment Notes: Medoo

AfterWork Ventures explains why it led coaching-software startup Medoo's pre-seed round, profiling its two founders' operating backgrounds and arguing workplace trends will drive adoption of coaching tools.

Also Afterwork Ventures portfolio

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