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.
CEO · Founder, UpGuard
| Role | Organisation | Sources |
|---|---|---|
| CEO · Founder | UpGuard | Forbes Australia (4 Aug 2026), SmartCompany, Startup Daily, Forbes Australia (26 Feb 2026), rswebsols.com, PR Newswire, finsmes.com, upguard.com, Startmate, Forbes Australia (30 May 2024) |
| Engineer (former) | Colonial First State | Forbes Australia |
Stories naming Mike Baukes. 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.
Hobart cybersecurity company UpGuard has landed US$75 million in Series C backing led by Springcoast Capital, with the article also recalling earlier Startmate and Firemark Ventures rounds.
Also Dealroom·Forbes Australia·Startup Daily·SmartCompany·ontargetish.com·SmartCompany·Forbes Australia
Cybersecurity firm UpGuard has announced a $75 million Series C round led by Springcoast Partners, with existing backers joining, to fund product development, global expansion and acquisitions.
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