Two Aussie startups that raised $132 million this week
Weekly roundup covering UpGuard's $105 million Series C and EatClub's $27 million Series B, plus earlier funding history for both Australian companies.
Venture capital fund · 4 deals
Venture capital group investing in technology companies
Darlinghurst, NSW
Every published round Marbruck 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 |
|---|---|---|---|---|---|---|
| Sitemate | Series A | 24 Dec 2024 | $27.5m | Participant | Startup Daily, Forbes Australia | |
| Sitemate | Series A | 18 Dec 2024 | $18m | Participant | techtaffy.com, OIF Ventures portfolio, OIF Ventures portfolio, Shearwater Capital portfolio | |
| EatClub | Series B | 4 Aug 2026 | $27m | Lead | Startup Daily (5 Aug 2026), SmartCompany (27 Feb 2026), Startup Daily (23 Feb 2026), SmartCompany (23 Feb 2026) | |
| EatClub | Series A | 19 May 2025 | $18.2m | Participant | Startup Daily (23 Feb 2026), SmartCompany (23 Feb 2026), Forbes Australia (23 Oct 2025), SmartCompany (23 May 2025), Startup Daily (19 May 2025), SmartCompany (19 May 2025), Forbes Australia (19 May 2025), CoAct Capital portfolio, Gandel Invest portfolio |
Companies Marbruck has backed in a published round, and companies whose existing shares it bought off another holder.
Fund closes reported for Marbruck, as distinct from the investments it has made.
Companies Marbruck has backed that another company then bought. An exit for the holding, not a deal Marbruck did.
Stories naming Marbruck. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup covering UpGuard's $105 million Series C and EatClub's $27 million Series B, plus earlier funding history for both Australian companies.
Australian dining-discounts marketplace EatClub has secured $27 million from Marbruck and earlier backers to accelerate its British rollout, with its valuation reportedly climbing past $200 million.
Forbes Australia profiles EatClub co-founder Pan Koutlakis, whose restaurant discount app raised $18.2 million in a Series A led by Co:Act Capital to fund UK expansion after a near-collapse during COVID.
Weekly roundup of seven Australian startup raises, led by Airwallex's Series F, plus EatClub, Kite Magnetics, Termina, Preve, Foremind and Liveheats.
Also Startup Daily
Australian dining discounts platform EatClub has secured Series A backing with Co:Act Capital leading, to support its London expansion and product development; Gandel Invest, Marbruck and Platform Advisory also took part.
Also Forbes Australia·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Forbes Australia
Built-world software firm Sitemate has closed a $27.5m Series A led by Blackbird at a valuation above $150m; Blackbird also backed its 2022 seed, and Sitemate bought Nomad Fleet this year.
Also Startup Daily