Investor · 4 deals
Every published round MA Financial 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 |
|---|---|---|---|---|---|---|
| Skutopia | Unnamed stage | Aug 2025 | $38m | Participant | Startup Daily (24 Oct 2025), SmartCompany (24 Oct 2025), Startup Daily (14 Oct 2025), Startup Daily (29 Aug 2025), SmartCompany (29 Aug 2025), Startup Daily (25 Aug 2025) | |
| Quantum Brilliance | Series A | 15 Feb 2023 | $26m | Participant | Startup Daily (5 Nov 2025), Startup Daily (10 Dec 2024), SmartCompany (10 Dec 2024), SmartCompany (30 Oct 2023), SmartCompany (25 Jul 2023), SmartCompany (21 Jul 2023), SmartCompany (17 Feb 2023), @AuManufacturing, Forbes Australia, SmartCompany (15 Feb 2023), Investible portfolio, Rampersand portfolio | |
| DGtek | Series A | 2 Aug 2021 | $7m+ | Lead | startupintros.com, dgtek.net | |
| CartonCloud | Unnamed stage | 2021 | $12m | Lead | Startup Daily (22 Nov 2022), SmartCompany, Startup Daily (7 Feb 2022), Startup Daily (1 Feb 2022), techbusinessnews.com.au, Business News Australia |
Companies MA Financial has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Quantum Brilliance | Quantum computing company that installed QPUs at Oak Ridge National Laboratory | 15 Feb 2023, Series A | 1 | 0 |
| Skutopia | Warehouse automation system for online retailers | Aug 2025 | 1 | 0 |
| CartonCloud | 2021 | 1 | 1 | |
| DGtek | Skip-backed internet provider | 2 Aug 2021, Series A | 1 | 1 |
Fund closes reported for MA Financial, as distinct from the investments it has made.
Companies MA Financial has backed that another company then bought. An exit for the holding, not a deal MA Financial did.
| Name | Role | Sources |
|---|---|---|
| Will Botha | Investment Director (former) | Startup Daily, techbusinessnews.com.au, Business News Australia |
Stories naming MA Financial. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup detailing five Australian raises: Vaxxas' Series D plus debt facility amid executive changes, Skutopia's growth round, Send Payments' backing and CEO change, Apate.ai's seed, and Coursebox's seed.
Also Startup Daily·SmartCompany·Australian FinTech·Dealroom·Startup Daily
Skutopia, an ecommerce fulfilment startup, has secured $38 million in a round Pemba Capital led, with MA Financial and Blackpeak Growth Partners also backing, to expand warehouses and target the US.
Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily
Weekly roundup of six Australian startups raising a combined $45.1 million across energy, e-commerce, design software, cloud security, climate tech and insurtech, plus Awayco's acquisition of Barcode Solutions and nVest winning SmartCompany's Pitch.
Also SmartCompany·LaunchVic
Venture investor Acorn Capital's $6.5 million investment in AI software vendor Complexica lifts outside backing past $31 million since 2021, adding the fund manager to an institutional shareholder register.
Also Startup Daily
Aura Group's managing director reflects on 2022, citing funds under management growth, new portfolio additions, and exits including Finsure Group's sale to MA Financial and Avanseus's announced NASDAQ SPAC merger.
Gold Coast bridging lender Funding.com.au relaunched its website after a national TV campaign, and recaps a year including a Series B raise, a new debt facility with MA Financial, and an awards nomination.
Techboard's monthly roundup tallies August 2022 private funding at $207m across 22 deals, listing the month's raises, BlackRock's acquisition of Akaysha Energy, One Click Life's reverse takeover listing, and several fund closes.
Also Startup Daily
Gold Coast lender Funding.com.au has launched a broker portal for lodging and tracking loans, following its Series B raise and a new debt facility with MA Financial, plus team expansion.
Gold Coast logistics software firm CartonCloud has banked $12 million from MA Financial to fuel its US and Canadian push, alongside recollections of a 2017 $1 million raise and a government grant.
Also Startup Daily·techbusinessnews.com.au·Startup Daily·SmartCompany·Startup Daily
Independent fibre network operator DGtek has raised above $7m in a Series A led by MA Financial's growth arm, with Treia Capital clients also taking part; proceeds partly funded its purchase of FG Telecom.
Also startupintros.com