Family office · 1 deal
The family office of one of the world's largest textile groups.
Every published round Novel Investments 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 |
|---|---|---|---|---|---|---|
| Uluu | Series A | 30 Oct 2025 | $16m | Participant | AgFunderNews, Startup Daily (31 Oct 2025), SmartCompany (31 Oct 2025), Startup News (WA), Startup Daily (30 Oct 2025), Forbes Australia, SmartCompany (30 Oct 2025), @AuManufacturing, Main Sequence Ventures portfolio, Trinity Ventures portfolio |
Companies Novel Investments has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Uluu | Deep tech startup making biodegradable plastic alternatives from seaweed-derived PHA | 30 Oct 2025, Series A | 1 | 0 |
Fund closes reported for Novel Investments, as distinct from the investments it has made.
Companies Novel Investments has backed that another company then bought. An exit for the holding, not a deal Novel Investments did.
Stories naming Novel Investments. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly funding roundup covering eight raises totalling over $113 million across aerospace, biotech, materials, health and software, plus a pharmacy firm's acquisition out of administration.
Weekly roundup of eight trans-Tasman startup raises worth a combined $113 million-plus, alongside Joe Zhou's buyout of StrongRoom AI from administrators.
Perth seaweed materials maker Uluu has closed a Series A led by Burda Principal Investments to fund a commercial-scale facility, with Main Sequence returning after leading its 2022 round.
Also Startup Daily·@AuManufacturing·Forbes Australia·SmartCompany·Startup News (WA)·Startup Daily·AgFunderNews