Investor · 2 deals
superfund
Every published round PEXA 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 |
|---|---|---|---|---|---|---|
| Archistar | Unnamed stage | 18 Jun 2024 | $5m | Lead | SmartCompany, Startup Daily, NAB Ventures portfolio | |
| Honey Insurance | Seed | 2021 | $15.5m | Participant | Forbes Australia, SmartCompany |
Companies PEXA has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Honey Insurance | Insurance company | 2021, Seed | 1 | 0 |
| Archistar | 18 Jun 2024 | 1 | 1 |
Fund closes reported for PEXA, as distinct from the investments it has made.
Companies PEXA has backed that another company then bought. An exit for the holding, not a deal PEXA did.
| Name | Role | Sources |
|---|---|---|
| Prabhat Sethi | Chair | Startup Daily |
Stories naming PEXA. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
RecordPoint has bought Redactive AI, a Melbourne data security startup founded by former Atlassian staff, for an undisclosed sum two years after its founding; Felicis and Blackbird co-led its 2024 seed round.
Angel syndicate FB10X announces an investment in Heatseeker, a market experimentation platform, noting most of its portfolio backs women-founded companies and it has deployed close to half a million dollars since 2022.
Australian insurtech momentum examined: Honey Insurance's Series A and Cover Genius's raise led Q2 2024 funding, while an Airtree partner argues incumbents have left insurance open to technology-driven challengers.
Also SmartCompany
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
Archistar, whose platform applies AI to 3D building design and planning checks, has added $5 million from NAB Ventures, Skip Capital and Prabhat Sethi, with AirTree having led earlier rounds.
Also SmartCompany
Home insurer Honey Insurance has raised a $108 million Series A led by US firm Gallatin Point Capital, following a seed round backed by RACQ, AGL, Metricon, Mirvac and PEXA.
Ignition Lane's weekly technology roundup: climate-tech funding activity, Grok's bid for AGL, King River Capital's digital asset fund, a batch of Australian startup raises, Maropost acquisitions, GigSuper's collapse and a National AI Centre appointment.