Ledger. Australian venture funding, tracked

Startup

Sicona

Coverage

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

12 deals

🇦🇺 This Week in Australian Startups #180, 4th October 2026

Weekly roundup reporting Australian startup funding rounds and government grants, a venture fund close, agreed acquisitions, an IPO pricing, a collapse, plus executive hires and AI policy developments.

Funding announcement

Startmate CEO Michael Batko calls time after 8 years, Phoebe Pincus takes the helm

Startmate chief Michael Batko departs following an eight-year stint; COO Phoebe Pincus steps up. The piece credits his tenure for the accelerator's growth, returns and alumni, and notes his exits from two side ventures.

Exit / M&A

Startmate CEO Michael Batko steps down after eight years, COO Phoebe Pincus takes top spot

Long-serving Startmate chief Michael Batko departs the accelerator's top job, with operations lead Phoebe Pincus promoted to CEO; the piece also recalls two side ventures Batko previously exited.

Funding announcement

From 0 to 4.5 billion: how the Startmate pay-it-forward mentorship model built a startup powerhouse

Startmate reflects on a decade of backing founders, profiling breakout alumni across its cohorts and describing how its mentors reinvest in newer startups, alongside its fund model and returns.

17 deals

2025 state of raising: $1.8 billion in – as late-stage deals boom

Tracxn figures show Australian tech funding reached $1.8 billion by mid-2025, powered by large late-stage rounds at Protecht, Airwallex, Harrison AI and Advancell, while seed and early-stage raising fell away sharply.

Fund close $200k

Startmate’s top 20 most valuable investments

A profile of Startmate ranking the twenty most valuable companies it has backed, noting their valuations, past raises and founders, plus Bugcrowd's newly announced purchase of Informer and its climate focus.

2 deals

Manufacturing news briefs — stories you might have missed

Roundup covering an SME sentiment survey, Renewable Metals winning a Supercharge Australia award, a new Queensland trade commissioner, an FFI green hydrogen power deal, a Siemens emissions pilot, and a CDU drones grant.

3 deals

Manufacturing news briefs — stories you might have missed

Manufacturing roundup covering Cyclopharm's tax incentive payment, Carbon Revolution's government grant payments, CEFC's wind farm debt commitment, Adbri's land sales, a Monash energy report and a Wollongong research showcase.

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