Partner, Cauldron Ferm
Stories naming Phil Morle. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Fermentation technology company Cauldron has banked fresh capital in a Series A2 extension led by Main Sequence Ventures, with three other backers, and landed on Fast Company's Asia-Pacific innovation list.
Biomanufacturer Cauldron Ferm has banked a $19 million Series A2, led by Main Sequence with Horizons, SOSV and NGS Super aboard, adding to an earlier $9.5 million round and a $4.3 million federal grant.
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A retrospective on Maxwell Plus, a machine-vision prostate cancer medtech that folded, with founder Elliot Smith and investor Phil Morle sharing lessons; Harrison.ai's later raise underscores the timing they missed.
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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.
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Precision fermentation company Eden Brew raised a $24.4 million Series A led by Main Sequence, with Breakthrough Victoria and other backers, to commercialise animal-free dairy and relocate from Sydney to Melbourne.
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Plant-based meat maker v2food changed course and is shutting its Wodonga factory after founder-CEO Nick Hazell's departure, with Tim York now chief executive; the story recalls its two Series B raises.
Feature on tech startups thriving outside Australian capitals, recording Cauldron's seed raise and government backing, with views from investors and founders at regional companies.
Plant-based meat maker v2food will shut its Wodonga factory and shift production to third parties, while chief operating officer Tim York replaces departing founder Nick Hazell as chief executive.
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.
Fermentation startup Eden Brew announces US$5 million towards an ongoing raise, with follow-on backing from Main Sequence and new investment from Digitalis Ventures, funding dairy-free milk development and a planned ice cream launch.
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Preview of the Startup Daily TV podcast covering a bid against AGL's demerger, reproductive-rights tech policy, VC conversations, a fintech fund raise, and interviews with Skedulo, Good & Fugly and One Key Access founders.
Australian startup incubator Pollenizer is shutting down after failing to build a sustainable business, having broken the news to staff and backers. Phil Morle and Mick Liubinskas started the company in 2007.