Startup · $87m raised
Non-alcoholic drinks company
Every investor coverage indicates participated in a round Lyre's raised.
| Investor | Rounds | Invested |
|---|---|---|
| DSquared | Series B | - |
| European investors | Series B | - |
| Morgan Creek Consumer Fund | Series B | - |
Companies Lyre's acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Paul Gloster | CEO | SmartCompany (14 Jul 2023), SmartCompany (10 Jul 2023), Startup Daily |
| Greg Bundy | Chairman | Startup Daily |
| Carl Hartmann | Founder | Ten13 (13 Mar 2024), Ten13 (13 Mar 2024) |
Stories naming Lyre's. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Ten13's year-end post recaps nine new portfolio additions, follow-on support for existing holdings, the Mr Yum and Me&U merger, Go1's Blinkist acquisition, Smileyscope's FDA clearance, and community events.
Also Ten13·OIF Ventures portfolio·TechCrunch Australia·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Forbes Australia
Interview with angel investor Carl Hartmann covering his Temando exit, co-founding Compono and Lyre's, what he looks for in founders, and his early-stage portfolio strategy.
Cut Through Ventures' quarterly analysis shows Australian startup funding down 42% year-on-year at A$739 million over 77 deals, with Pet Circle's $75 million Series D from Prysm Capital the period's largest round.
A quarterly venture funding report shows Australian startups collected $739 million across 77 deals in Q3 2023, trailing earlier periods; SafetyCulture and Lyre's Spirit Co drew the largest rounds while female founders' share improved.
Also TechCrunch Australia·SmartCompany·Capital Brief·Startup Daily·AgFunderNews·AgFunderNews
Irene Falcone's non-alcoholic drinks retailer Sans Drinks has been sold to Just Wines via a creditor-approved rescue deal after entering administration, securing better returns for creditors than liquidation.
Also Startup Daily
Irene Falcone's non-alcoholic beverage retailer Sans Drinks has entered administration after sales collapsed, with staff terminated and its Sydney store closed; the founder earlier sold Nourished Life for $20 million.
Weekly roundup of four Australian startup raises totalling $115.7 million: Secure Code Warrior's Series C, Lyre's, IMRA and Naked Life's crowdfunding record, alongside commentary on funding for women founders.
Also ARN (ARNnet)·SmartCompany·Startup Daily·SmartCompany·Forbes Australia
Non-alcoholic spirits maker Lyre's completed a £18m ($34m) round with DSquared and Morgan Creek among its backers and Paul Gloster named CEO; peer Naked Life pulled in $3m through the Birchal crowdfunding platform.
Also SmartCompany·SmartCompany·Startup Daily·Forbes Australia