Ledger. Australian venture funding, tracked

CEO · Founder, Climate Salad

Mick Liubinskas

Coverage

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

Exit / M&A

The Missing Middle in action: what Goterra's collapse reveals about the cost of abandoning scaleups

Opinion piece argues Goterra's administration shows Australia lacks scale-up capital; the author, AxleTree Capital's co-founder, links the collapse to underfunding of women founders and the system's failure to finance capital-heavy technologies.

Also SmartCompany·Startup Daily·AgFunderNews·Business News Australia

Fund close $230m

Climate tech now employs 7000+ people and is driving Australia's economic growth, Climate Salad's annual analysis finds

Climate Salad's report says Australia's climate tech sector has passed 7,000 workers across 730 startups and drew $680 million in venture capital; Sea Forest's ASX debut and fund commitments point to investor appetite.

4 deals

MGA Thermal wins Impact Award in Climate Salad's climate tech awards

Climate Salad's 2024 Australian Climate Tech Awards honoured eight winners, with MGA Thermal taking the Impact Award; the piece recaps the thermal storage company's year, including ARENA grants and a pre-Series B top-up.

6 deals

Australia's climate tech industry is booming, but it could bust without funds

Feature on Australia's fast-growing climate tech sector, recounting raises at companies including Neara, Loam Bio, Goterra and Great Wrap, and warning that scarce growth capital and limited foreign investment could stall the industry.

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.

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