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

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