Six Aussie startups that raised $123.2 million this week
A weekly roundup detailing new funding rounds for six Australian startups: Lyka, PlasmaLeap, Firmable, Veyor, Lumonus and Future Minds Network, with investors and round details.
Company
Every investor coverage indicates participated in a round Redbubble raised.
The transaction that ended Redbubble's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| - | IPO | 2016 | - | Startup Daily (21 Nov 2025), Startup Daily (28 Mar 2023) |
Companies Redbubble acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Martin Hosking | CEO · Founder | Startup Daily (6 Mar 2026), SmartCompany (6 Mar 2026), Startup Daily (2 Mar 2026), SmartCompany (2 Mar 2026), SmartCompany (3 Nov 2023), Startup Daily (28 Mar 2023), SmartCompany (22 Dec 2021) |
| Lloyd Heinrich | GM of Strategy and Growth (former) | Startup Daily (21 Nov 2025), Startup Daily (17 Nov 2025) |
Stories naming Redbubble. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
A weekly roundup detailing new funding rounds for six Australian startups: Lyka, PlasmaLeap, Firmable, Veyor, Lumonus and Future Minds Network, with investors and round details.
Firmable, which sells AI sales-intelligence tools, has banked a $14 million Series A with Airtree leading, plus angel money from Sue Morphet, Sam Kroonenburg, Martin Hosking and Rob Phillpot, to fund a US push.
A weekly roundup of funding deals by Australian and New Zealand startups, spanning baked goods, retail, health AI, beverages, edtech, solar, legal tech, and Western Australian medical research grants.
Melbourne solar startup MetroElectro has landed $1 million from Wavemaker Impact plus $4 million in debt from Ecotone Partners, adding to its 2024 pre-seed, to put panels on commercial rooftops.
Also Startup Daily
AI search startup Marqo has landed a $12.5 million Series A and is relocating its headquarters to San Francisco, while LaunchVic statistics show Victoria's ecosystem grew in value despite a funding drop.
Australian vector search firm Marqo has banked US$12.5 million in a Series A headed by Lightspeed, with Blackbird, January Capital and an individual backer taking part, and is shifting its base to San Francisco.
Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Early VC
Weekly roundup covering nine Australian startups' new capital totalling $40.5 million, across solar, quantum computing, marketing tech and crowdfunding, plus a look back at Aconex's $1.6 billion Oracle sale.
Also SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Wholesale Investor
Redbubble cofounder Martin Hosking has again taken the CEO role at the ASX-listed marketplace after Michael Ilczynski resigned, with shares down sharply and job cuts aimed at restoring positive cash flow by year's end.
Also Startup Daily
Satirical awards column recalling 2021 business failures and wins: Hosking's Redbubble share sale, Greensill's collapse, GetSwift's downfall, Better.com's layoffs and funding, Moviepass's sale, and Digital World's Trump SPAC deal.