Ledger. Australian venture funding, tracked

Company

Propeller Aero

Sydney, NSW

Coverage

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

News

Propeller Aero cofounder Rory San Miguel named the 2025 NSW Pearcey Entrepreneur of the Year

Propeller Aero's chief executive Rory San Miguel has won the Pearcey Foundation's 2025 NSW entrepreneur award; the profile traces his path from UNSW clubs and Flirtey to the drone surveying company.

News

Students are getting into VC with NextGen Ventures to back uni-founded startups

Student-run fund NextGen Ventures launches to back university-founded startups, training student investors with partner VC firms and seeking its own capital; its report counts over $1.2 billion raised by student-founded startups since 2012.

18 deals

$810 million in three months: The biggest VC deals revealed

A quarterly Cut Through Venture survey reports Australian startups raised $810 million across 90 deals in Q2 2023, listing the largest rounds and noting improved investor sentiment despite a sluggish first half.

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