Ledger. Australian venture funding, tracked

Company

MIT

University whose Orbit AI platform provides AI-powered guidance to entrepreneurs.

Coverage

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

Funding announcement

Touchable VR, better sexual health, ADHD focus, leaky pipes & startup hiring: Startmate reveals the clever 13 in its latest cohort

Startup Daily profiles the thirteen startups joining Startmate's Winter '25 cohort, covering healthcare AI, agent tooling, recruitment tech, retail promotions, sexual health, water leak detection, VR haptics and ADHD robotics.

Funding announcement

The Australian investors betting big on fusion – the “holy grail” of nuclear tech

Feature on Australian capital moving into fusion energy: super fund Hostplus backs Commonwealth Fusion Systems, Foxglove Capital's Matt Bungey backs Type One, and startup HB11 Energy pursues laser proton-boron fusion locally.

2 deals

Bill Gates-backed Type One Energy lands massive seed extension to commercialize fusion power

Fusion startup Type One Energy has pulled in a $53.5m extension to its seed round, led by Breakthrough Energy Ventures with Foxglove Ventures and GD1 taking part, to accelerate its stellarator reactor plans.

Also Forbes Australia

2 deals

Crowd-sourced funding: solving the tyranny of distance to capital

Birchal's cofounder argues equity crowdfunding is closing the capital gap for founders outside the big cities, citing Western Australia's FY23 growth and two regional companies reaching the $5 million cap.

2 deals

AROSE and EPE to design lunar rovers following grant awards

Two Australian consortia, AROSE and one involving EPE and Lunar Outpost Oceania, each received a four million dollar grant under the Space Agency's Trailblazer programme to design lunar rover prototypes.

Funding announcement

Opal Therapeutics Inc and Massachusetts General Hospital enter Joint Development Collaboration and Initiate HIV Immunotherapy Clinical Studies - Therapeutic Vaccine Trials to Start in London, UK

Opal Therapeutics partners with Massachusetts General Hospital on an HIV immunotherapy collaboration as human trials begin in London; the biotech counts Alloy Ventures, Alta Partners and GBS Ventures among its backers.

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