Ledger. Australian venture funding, tracked

Startup · $30.8m raised

Sphere

Cross-border tax compliance

Coverage

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

2 deals

Capital returns but discipline and liquidity remain key

A retrospective on 2025 Australian venture activity: large raises at Firmus, Heidi Health, Airwallex and others, deep tech momentum, and Folklore's own backing of Hullbot and Sphere.

Also Square Peg Capital·Australian FinTech·Cut Through Venture·SmartCompany·Startup Daily·Startup Daily·Startup Daily·RenewEconomy·RenewEconomy·Fintech News Australia

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