Seven Aussie startups that raised $495.8 million this week
Weekly roundup of seven Australian startup raises, led by Airwallex's Series F, plus EatClub, Kite Magnetics, Termina, Preve, Foremind and Liveheats.
Also Startup Daily
Investor · 1 deal
Every published round Platform Advisory 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 |
|---|---|---|---|---|---|---|
| EatClub | Series A | 19 May 2025 | $18.2m | Participant | Startup Daily (23 Feb 2026), SmartCompany (23 Feb 2026), Forbes Australia (23 Oct 2025), SmartCompany (23 May 2025), Startup Daily (19 May 2025), SmartCompany (19 May 2025), Forbes Australia (19 May 2025), CoAct Capital portfolio, Gandel Invest portfolio |
Companies Platform Advisory has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| EatClub | Dynamic pricing app helping restaurants fill tables with time-sensitive discounts | 19 May 2025, Series A | 1 | 0 |
Fund closes reported for Platform Advisory, as distinct from the investments it has made.
Companies Platform Advisory has backed that another company then bought. An exit for the holding, not a deal Platform Advisory did.
Stories naming Platform Advisory. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup of seven Australian startup raises, led by Airwallex's Series F, plus EatClub, Kite Magnetics, Termina, Preve, Foremind and Liveheats.
Also Startup Daily
Australian dining discounts platform EatClub has secured Series A backing with Co:Act Capital leading, to support its London expansion and product development; Gandel Invest, Marbruck and Platform Advisory also took part.
Also Forbes Australia·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Forbes Australia