Ledger. Australian venture funding, tracked

Member of the Investment Committee, OIF Ventures

Peter Lilley

Coverage

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

8 deals

Blast OIF | 23 things from 2023

OIF Ventures' year in review: full Eftsure exit, Opportunity Fund close, Visory, DataMasque and Nullify backed, follow-ons at Inspace and Dataweavers, new team members and portfolio milestones.

Also OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio

4 deals

Tech founders pile in as VC fund raises $55m in a week

OIF Ventures has gathered $55 million toward a new Opportunity Fund with a $75 million goal, backed by several tech founders, and has put $4 million into Advanced Navigation's $108 million round.

Also SmartCompany·TechCrunch Australia

2 deals

VC fund defies the downturn, raising $100m in 24 hours

OIF Ventures has closed its third fund at $140m, beating its original $100m target, with founder backers including Peter Lilley and Andrew Barnes; earlier trade sales underpin its strong returns.

Also OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio·Startup Daily·Startup Daily·Techboard·Startup Daily·SmartCompany·Startup Daily·Techboard·Techboard·Australian FinTech

2 deals

Canberra software startup Instaclustr is being acquired by Nasdaq-listed US tech giant NetApp

US software company NetApp is buying Canberra data platform Instaclustr in a deal reportedly exceeding $500 million, nine years after its founding, rewarding early backers including ANU Connect Ventures and Bailador.

Funding announcement

NASDAQ giant swoops on Canberra start-up in $500m+ deal

OIF Ventures republishes an AFR report on NetApp buying Canberra data-technology firm Instaclustr for a reported $500 million-plus, covering founder paydays and the fund's returns, including a 20-times outcome on its early backing.

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