Venture capital fund · 1 deal
Surry Hills, NSW
Every published round Scale Up Media Fund 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 |
|---|---|---|---|---|---|---|
| Bare Funeral Group | Unnamed stage | 2024 | ~$1m | Participant | Startup Daily (30 Apr 2025), Startup Daily (24 May 2024) |
Companies Scale Up Media Fund has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Bare Funeral Group | 2024 | 1 | 0 |
Investors that coverage says has money in a fund Scale Up Media Fund runs. This is a stake in the fund, not in any company the fund has backed.
Companies Scale Up Media Fund has backed that another company then bought. An exit for the holding, not a deal Scale Up Media Fund did.
| Name | Role | Sources |
|---|---|---|
| Michael Lamont | Investment Principal | Startup Daily (30 Apr 2025), Startup Daily (22 May 2024) |
Stories naming Scale Up Media Fund. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Elixinol has agreed an all-share takeover of supplement subscription platform Vitable at a $2.5 million headline value plus earn-out, while shareholder Ben McHarg commits a convertible note; the piece also recaps Vitable's earlier raises.
Scaleup Mediafund swapped ad space for equity in Finder and ASX-listed insurer NobleOak, the latter worth $1.5m, among six investments from its third fund backed by major media companies.
Weekly roundup covering seven ANZ startup raises — Bare Funerals, Humii, WeMoney, CLT Toolbox, Clean Slate Clinic, SpatialGPT and Great Wrap — plus LaunchVic's $900,000 into Paul Little's Skalata fund.
Scaleup Mediafund's $15 million third fund has made its first two investments, backing Hawke's Brewing and Bare with roughly $1 million in advertising apiece; oOh!media joined as an investor.
Sydney courier firm Drive Yello and cafe ordering app Hey You have combined as 4You Innovation, aiming to raise funds next year; the piece also recalls past raises and recent collapses among delivery startups.
Also Startup Daily