Ledger. Australian venture funding, tracked

Company

NASA

Space agency and customer of Advanced Navigation

Coverage

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

Series A $25m

NRF boosts Southern Launch in $25 million Series A

Southern Launch raised a $25m Series A with $10m from the National Reconstruction Fund, led by Brindabella and Company and including ex-Macquarie executives and Coupland Asset Management, to grow headcount and launch services.

Also SmartCompany·Dealroom·Startup Daily·Space Connect

2 deals

Advanced Navigation raises $158 million Series C round with NRFC backing

Navigation technology firm Advanced Navigation has banked a $158 million Series C, with Airtree leading and Quadrant plus the NRFC taking part, funding global expansion and Australian manufacturing scale-up.

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

Seed $1.8m

Investment Update: YieldX investment starting to yield results

Breakthrough Victoria recounts how its joint fund with La Trobe University seeded hydroponics developer YieldX, now running a commercial greenhouse in Victoria and expanding to India via a deal with Zomato's Hyperpure.

Series A $46m

Hydrogen-powered hypersonic defence aircraft startup soars on $46 million Series A

Brisbane hypersonic aircraft developer Hypersonix Launch Systems has raised a $46 million Series A led by High Tor Capital with Saab, RKKVC, QIC and federal backing, valuing it at $141 million.

Also Startup Daily·Startup Daily·Business News Australia

Series A $46m

Superfast plane startup Hypersonix raises $46 million, with federal government tipping in

Hypersonix, a Queensland company developing hypersonic planes that run on hydrogen, has secured a Series A backed by a UK fund, government investors and Saab.

Also SmartCompany·Dealroom

6 deals

The IPO Market Is Opening Up. These 14 Companies Could Be Next.

Crunchbase News profiles 14 venture-backed companies its predictive models flag as likely IPO candidates, from Stripe to Sierra Space, recapping their funding histories, valuations and financial milestones.

2 deals

NASA is sending an Australian-made lunar rover to the Moon by 2030

NASA confirmed the Australian-built Roo-ver will reach the Moon by 2030 under its Artemis program. The ELO2 consortium, technically led by Lunar Outpost Oceania of Melbourne, has $42 million in Australian Government backing.

Unnamed stage $1.7m

Breakthrough Victoria’s uni fund just backed a La Trobe agtech spin out’s $1.7 million raise

Agtech spin-out Gaia Project Australia has raised $1.7 million from Breakthrough Victoria, La Trobe University's Eagle Fund, Mandalay Venture Partners and LaunchVic to commercialise plant-spacing technology that lifts leafy green yields.

Funding announcement

YieldX | with La Trobe University's Eagle Fund BREAKTHROUGH VICTORIA CO-INVESTS IN AGTECH COMPANY FOR EARTH AND SPACE VIA ITS UNIVERSITY INNOVATION PLATFORM PARTNERSHIP... Read 28 Mar 2025

AgTech firm YieldX has attracted a $1.7 million round, with Breakthrough Victoria and La Trobe University's Eagle Fund contributing $500,000 apiece alongside Mandalay Venture Partners and LaunchVic's Hugh Victor McKay Fund.

3 deals

Winner named for $42 million lunar rover contract

19 deals

Nine Aussie startups that raised $38.3 million this week

Roundup of nine local startups that together banked a combined $38m-plus this week, spanning precision instruments, proptech, adtech, robotics, food, energy storage and AI, with several earlier raises recalled.

Also Australian FinTech·Startup Daily·SmartCompany·AgFunderNews

3 deals

Canberra-born startup Liquid Instruments scores $15 million from Breakthrough Victoria

Victorian government-backed investor Breakthrough Victoria has put $15 million into Liquid Instruments, a maker of reconfigurable instruments expanding to Melbourne; earlier raises by Acorn Capital and Anzu Partners are also recalled.

Also SmartCompany

Funding announcement

Towards 3% R&D – Reach for the Moon to innovate by Xavier Orr

Opinion piece by Advanced Navigation's CEO in an @AuManufacturing series arguing for space R&D investment, citing the company's $5.2 million Australian Space Agency grant and Space Machines' satellite launch.

8 deals

Spacetech startups score $9 million in latest Moon to Mars grants

Twelve Australian spacetech companies received Moon to Mars Supply Chain Capability grants totalling over $9m for NASA's Artemis, with NextAero, Neumann Space, Metakosmos, Valiant Space, Gilmour Space Technologies and HEO Robotics among those funded.

Also Startup Daily·SmartCompany·@AuManufacturing·@AuManufacturing·@AuManufacturing

35 deals

Brisbane’s Canaria Technologies shoots for the moon with NASA-approved AI for astronauts

Profile of a Brisbane predictive-biometrics wearable maker courting NASA's Artemis III mission, alongside news that it and 34 other Queensland exporters received Go Global Export Program grants.

6 deals

Rovers, hypnotherapy and pocket farms: Five Aussie startups that scored $20 million this week

A weekly funding roundup covering Mindset Health's Series A, grants for two lunar rover consortiums, Pivot's raise, and Invest Inya Farmer's seed round.

Grant $4m

Lunar rover arose with $4M

WA space consortium AROSE has received a $4 million Australian Government grant under the Space Agency's Trailblazer program to design a lunar rover for NASA, leading a sixteen-organisation group including Fugro and Nova Systems.

Also SmartCompany·@AuManufacturing·@AuManufacturing·Defence Connect·@AuManufacturing

Unnamed stage

AUKUS innovation: about far more than submarines – by Michael Sharpe

An opinion piece arguing AUKUS Pillar Two reaches beyond submarines into quantum, autonomy, AI and hypersonics, citing Australian players including Internet 2.0, Anduril Australia and Hypersonix.

Funding announcement

AO Startups serves up 5 companies for its Australian Open accelerator program

Five startups joining Tennis Australia's inaugural AO StartUps accelerator cohort have been named, each trialling its technology at the Grand Slam tournament; two further participants are still to be revealed.

Grant $2.5m

Manufacturing news briefs – stories you might have missed

News roundup: EMVision receives a $2.5 million NSW medical devices grant, ADDE appoints a liquidator, DroneShield wins an order, SciDev and Q-CTRL name executives, and ReNu Energy signs a non-binding term sheet with HESTA.

Also @AuManufacturing

Venture debt $8m

Manufacturing news briefs — stories you might have missed

News roundup: Elsight locks in $8 million through convertible notes; Northrop Grumman extends its Quickstep supply agreement; Titomic grows US sales; Fleet Space to survey for Core Lithium; Venture Catalyst Space applications open.

3 deals

Manufacturing news briefs – stories you might have missed

A manufacturing roundup covering a China milk powder supply deal, a methane emissions incentive, a nasal spray distribution agreement, a university space course, a government tax refund, and two companies' fresh capital raises.

5 deals

Ignition Lane's Wrap: the state of Cloud, VC advice, Tiger stripes, cattle class crypto, M&A fires up

Weekly tech wrap: cloud-market trends, Tiger Global's cheques into Stake, Shippit and Carma, new VC funds, several acquisitions, grocery delivery startups Send and Quicko collapsing, and Elaine Stead joining M8 Ventures.

Also Startup Daily

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