Prysm Capital

The 10 biggest capital raises by Australian startups in 2023

A year-end SmartCompany roundup counting down 2023's ten largest Australian startup raises, headed by Employment Hero's $263m Series F, with investor details and commentary on fewer mega-rounds and continued under-representation of women co-founders.

DOG'S BREAKFAST: Pet Circle's $75m raise from US VC a rare highlight for Australian startups amid a 42% fall in funding for September quarter

Cut Through Ventures' quarterly analysis shows Australian startup funding down 42% year-on-year at A$739 million over 77 deals, with Pet Circle's $75 million Series D from Prysm Capital the period's largest round.

Also SmartCompany·RenewEconomy·@AuManufacturing

Nine Aussie startups that raised $107.35 million this week

Weekly roundup detailing nine Australian startup funding rounds totalling $107.35 million, spanning pet e-commerce, quantum sensors, proptech, agtech, EV charging, sailing apparel, marketing tools, consumer goods and pregnancy wearables.

Also Startup Daily·Australian FinTech·SmartCompany·AgFunderNews

Pet Circle keeps unicorn status with $75m raise

Prysm Capital has invested a further $75 million in Sydney pet-care platform Pet Circle, keeping its valuation above $1 billion; the piece also recalls its 2021 Series C and Lyka's June raise.

Also Forbes Australia·Forbes Australia·SmartCompany·Techboard·Startup Daily·SmartCompany

Ignition Lane's Weekly Wrap: Startup hatches, matches & dispatches, fresh crop of VCs, Microsoft 30.0

Weekly roundup reporting many startup funding rounds, Investible's fund close, Skalata's committed capital, hipages buying Builderscrack, Stack Sports acquiring Team App, and Level Equity's stake purchase in Eftsure.

Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily

JUICY BONE: Pet Circle tossed $125 million Series C treat

Online pet supplies retailer Pet Circle announced a $125 million Series C led by Prysm Capital and TDM Growth Partners, with AirTree and new backer Baillie Gifford participating, valuing the company above a billion dollars.

Also SmartCompany·Business News Australia·SmartCompany·Startup Daily·Techboard·SmartCompany·SmartCompany·Startup Daily·Business News Australia·petnews.com.au·Forbes Australia·Forbes Australia·SmartCompany

Pet Circle raises $125m to become Australia's latest unicorn

Sydney pet-care platform Pet Circle has raised $125 million in a Series C round backed by Prysm Capital, TDM Growth Partners, Baillie Gifford and AirTree Ventures, reaching unicorn status.

Also SmartCompany