Venture capital fund · 2 deals

Morpheus Ventures

Disclosed deals

Every published round Morpheus Ventures 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
SafetyCulture	undisclosed	9 Sep 2024	$75m	Participant	Hostplus HESTA Blackbird Ventures AirTree Ventures	Startup Daily (11 Aug 2026), Startup Daily (26 Feb 2026), Startup Daily (25 Nov 2025), SmartCompany (19 Dec 2024), Startup Daily (18 Nov 2024), SmartCompany (27 Sep 2024), Tech Funding News - Australia, SmartCompany (9 Sep 2024)
SafetyCulture	Series D+	Aug 2023	$34m	Lead	Marbruck Investments Index Ventures	Startup Daily (18 Nov 2024), Startup Daily (4 Oct 2023), Forbes Australia, SmartCompany (18 Aug 2023), SmartCompany (15 Aug 2023)

Portfolio

Companies Morpheus Ventures has backed in a published round, and companies whose existing shares it bought off another holder.

Company	What it does	First invested	Rounds	Led
SafetyCulture	Workplace safety and operations software company.	Aug 2023, Series D+	2	1

Funds

Fund closes reported for Morpheus Ventures, as distinct from the investments it has made.

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for Morpheus Ventures yet.

Portfolio companies acquired

Companies Morpheus Ventures has backed that another company then bought. An exit for the holding, not a deal Morpheus Ventures did.

Company	Bought by	Kind	Announced	Price
No portfolio company of Morpheus Ventures is recorded as having been acquired.

Coverage

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

12 deals

From quantum computing to quesadillas: Top 12 biggest capital raises of 2024

Year-end roundup ranking 2024's twelve largest startup raises, headed by PsiQuantum's $940 million government-backed quantum computing round, plus Guzman y Gomez's ASX listing and Betashares' Temasek investment.

Unnamed stage $75m

New $165 million round for SafetyCulture in “tough environment” for fresh funding

SafetyCulture secured $75 million of fresh capital plus $90 million from existing shareholders selling shares, valuing the operations software company at $2.5 billion. Airtree, Blackbird, Morpheus Ventures, Hostplus and HESTA joined the round.

SmartCompany 9 Sep 2024 SafetyCulture Cover Genius Hysata Samsara Eco SmartCompany AirTree Ventures Blackbird Ventures Hostplus Morpheus Ventures Kell Reilly Luke Anear

Also Tech Funding News - Australia·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily

8 deals

Eight Aussie startups that raised $149 million this week

Weekly roundup of eight Australian startups together securing $149 million: One Model, SafetyCulture, Hysata, Pendula, Marqo, Medigrowth, Curiious and Zena Sport, spanning HR analytics, safety tech, hydrogen, AI, medicinal cannabis, VR and sportstech.

Also Startup Daily·thebusinesstimes.com.au·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Forbes Australia

Unnamed stage $34m

SafetyCulture raises $34 million while planning a $500 million VC share sale

SafetyCulture closed a $34 million round with Morpheus Ventures, Marbruck Investments and Index Ventures, lifting its valuation to $2.7 billion. Bigger investor and employee share sales are still only plans.

SmartCompany 15 Aug 2023 SafetyCulture Allianz Blackbird Ventures Canva QBE Index Ventures Marbruck Investments Morpheus Ventures Luke Anear

Also SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Forbes Australia

10 deals

Five Aussie startups that raised $58.5 million this week

Weekly roundup covering five Australian startups that announced a combined $58.5 million in new funding, spanning quantum computing, advertising software, mining safety technology and event rental software, alongside government grant programs.

Also Startup Daily·SmartCompany

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