Ledger. Australian venture funding, tracked

Company

McKinsey

Perth, WA

Coverage

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

5 deals

AgriFood Signals: Ranch tech startup Ranchbot nets $15m, Target hires chief AI officer, plant cell culture megadeal

AgFunderNews roundup of agrifood funding raises, executive appointments, shutdowns and partnerships, including Ranchbot's Series B, ClimateAi and Cultimate shutting down, and Novonesis seeking sole control of MicroBioGen.

News

Q-Day: why quantum readiness can't wait, with Vikram Sharma, QuintessenceLabs

Allens' Cyber Brief podcast hosts QuintessenceLabs founder and CEO Vikram Sharma discussing quantum computing threats to encryption, harvest-now-decrypt-later attacks, and the governance steps boards should take toward post-quantum readiness.

Fund close US$750m

Google Cloud launches US$750M agentic AI partner fund at Cloud Next

Google Cloud has committed US$750 million to a new partner fund for agentic AI resources and incentives, unveiled at Cloud Next; the piece also recalls Google's March acquisition of security firm Wiz.

2 deals

PropHero raises an additional $8 million in seed capital

Proptech PropHero closed an oversubscribed A$8 million seed round co-led by Fifth Wall and Samaipata, with existing backers Jelix Ventures and AfterWork Ventures returning after its 2022 pre-seed.

Also Startup Daily·Startup Daily·Startup Daily·proptechconnect.com

2 deals

Manufacturing news briefs – stories you might have missed

Roundup of Australian manufacturing items: Manildra draws on CEFC money to quit coal, Ankere Therapeutics launches with seed backing, Micro-X gear reaches Ukraine, plus a vessel naming, precinct tenders, an FFI appointment and a cable rebrand.

2 deals

Car finance platform Driva doubles down with $6m growth round

Australian car-finance fintech Driva has raised A$6 million from existing investors led by Carthona Capital, with Invictus and seed angels also participating, to double staff and fund brand and product expansion.

2 deals

Functionly secures US $2.7m (AU$3.6m) in seed round funding to disrupt the organisational design industry with simple software for leaders

Org-design software maker Functionly announced a AU$3.6m seed round with Black Nova Venture Capital leading and several funds plus angels taking part, bringing its overall funding to AU$5.9m alongside an earlier A$598k government grant.

Unnamed stage $2m

Healthcare & Fitness

AFR healthcare and fitness section roundup: Early Bird raised $2 million led by Hyper Ventures; Resmed sold MatrixCare; Radiopharm seeks $16 million; plus Mayne Pharma, Healthscope, Sigma and policy stories.

Also SmartCompany

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