Ledger. Australian venture funding, tracked

Company

National Australia Bank (NAB)

Coverage

Stories naming National Australia Bank (NAB). Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

2 deals

Rinehart-backed lithium and rare earths projects rake in more than $1 billion in federal funding

Canberra announces up to $840m for Arafura's Northern Territory rare earths project, while Liontown secures $550m in bank debt for its Kathleen Valley mine, with CEFC and Export Finance Australia among lenders.

3 deals

The Business Growth Fund’s $12 million Hubbed investment is the kind of “sexy” deal VCs might miss

Reports that a fund backed by government and major banks has taken a minority stake in a parcel pick-up network, profiling its patient investment model and recalling an earlier cheque to a clean-energy maker.

Also Startup Daily

Seed £1.6m

Downforce Technologies draws investor support with innovative soil carbon solution

Soil carbon measurement startup Downforce Technologies closed a $3 million seed round backed by CEFC's Clean Energy Innovation Fund, Perivoli Innovations and Tiverton, with Australia as its first target market.

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