Ledger. Australian venture funding, tracked

Chief Executive, Samsara

Paul Riley

Coverage

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

Funding announcement

🇦🇺 This Week in Australian Startups #175, 23rd August 2026

Weekly roundup: Constantinople raises $62.5m; Blackbird wraps fund six above $1b; Guardhouse buys Mobohubb; SCX.ai debuts on the ASX; plus seed rounds, exits and executive changes across the ecosystem.

Series B $45m

Breakthrough Victoria Portfolio Highlights 2025 Funding and Milestones

Breakthrough Victoria highlights portfolio achievements including Amber Electric's forty-five million dollar raise, Bygen and Diag-Nose grants, and Quantum Brilliance series A funding.

Also Breakthrough Victoria·Breakthrough Victoria·RenewEconomy·Startup Daily·RenewEconomy·Dealroom

Unnamed stage

Samsara Eco, lululemon announce ten-year offtake agreement on recycled nylon, polyester

Samsara Eco and lululemon signed a ten-year offtake agreement for enzymatically recycled nylon and polyester, building on their 2023 partnership; Samsara plans a NSW plant and an international facility by 2028.

Also TechCrunch Australia·SmartCompany·@AuManufacturing·Techboard·SmartCompany·@AuManufacturing·@AuManufacturing·Forbes Australia

14 deals

Eight Aussie startups that raised $118.8 million this week

Weekly roundup of eight Australian funding rounds, led by Samsara Eco's $100m Series A extension; Diraq, 1Breadcrumb, Aquila, NRN, Klean, Bearhug and Sindy Labs also secured capital, and Klean won a Queensland grant.

Also TechCrunch Australia·SmartCompany·@AuManufacturing·Techboard·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·@AuManufacturing·Forbes Australia·@AuManufacturing

3 deals

‘Game changer’: Samsara Eco raises $100 million for infinite recycling of plastics

Australian plastics recycler Samsara Eco secured a Temasek-led Series A+ of $100 million to scale enzyme-based infinite recycling, with Southeast Asian facilities planned, adding to its 2022 Series A.

Also TechCrunch Australia·SmartCompany·@AuManufacturing·Techboard·SmartCompany·@AuManufacturing·@AuManufacturing·@AuManufacturing

2 deals

Samsara Eco is working to replace plastic packaging with fossil fuel-free alternatives

Australian enzymatic plastics recycler Samsara Eco raised a large all-equity round led jointly by Temasek and Main Sequence, with Lululemon among other backers, funding new recycling facilities and team growth.

Also SmartCompany·Startup Daily·Forbes Australia·SmartCompany·SmartCompany·SmartCompany·SmartCompany·@AuManufacturing·Forbes Australia·@AuManufacturing·Forbes Australia·Forbes Australia

Unnamed stage

‘Infinite recycling’ startup Samsara Eco partners with Lululemon

Enzyme-based plastics recycler Samsara Eco announces a multi-year partnership with Lululemon, which makes an undisclosed minority investment, its first in a recycling company.

Also SmartCompany·@AuManufacturing·Techboard·SmartCompany·@AuManufacturing·@AuManufacturing·Forbes Australia·@AuManufacturing

2 deals

“Infinite recycling” startup Samsara raises $54 million in Series A

Samsara Eco, an Australian National University recycling-tech spinout, has closed a $54 million Series A with returning and new investors, plus an earlier government grant, to expand its enzyme library and build its first commercial facility.

Key hire

Main Sequence announces new Partner, Gabrielle Munzer, to build companies with biology

Australia's Main Sequence fund promotes Gabrielle Munzer to Partner to lead its biotech push; the article also covers her finance background, the firm's company-building model, a UNSW accelerator, and recent diverse hires.

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