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.
Venture capital fund · 3 deals
Sydney, NSW
Every published round SpringCapital 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 |
|---|---|---|---|---|---|---|
| Veyor | Series A | 6 Mar 2026 | $10.5m | Participant | Startup Daily, SmartCompany | |
| Veyor | Series A | 4 Aug 2026 | $10.6m | Participant | Startup Daily (5 Aug 2026), Startup Daily (3 Mar 2026) | |
| Morse Micro | Series B | 9 Sep 2022 | $140m | Participant | Startup Daily (27 Sep 2025), SmartCompany (26 Sep 2025), Startup Daily (23 Sep 2025), SmartCompany (23 Sep 2025), Techboard, SmartCompany (15 Dec 2022), SmartCompany (1 Dec 2022), Startup Daily (28 Nov 2022), SmartCompany (6 Oct 2022), Startup Daily (3 Oct 2022), SmartCompany (9 Sep 2022), Startup Daily (7 Sep 2022), Startup Daily (7 Sep 2022) |
Companies SpringCapital has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Morse Micro | Hardware/Robotics/IoT company | 9 Sep 2022, Series B | 1 | 0 |
| Veyor | Cloud-based construction site logistics and materials coordination platform | 6 Mar 2026, Series A | 2 | 0 |
Fund closes reported for SpringCapital, as distinct from the investments it has made.
Companies SpringCapital has backed that another company then bought. An exit for the holding, not a deal SpringCapital did.
Stories naming SpringCapital. 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.
Sydney construction logistics software firm Veyor has banked US$7.5 million in Series A money, with Marbruck Investments leading and CoAct, Investible and SpringCapital taking part; CEO Richard Fifita is relocating stateside.
Wi-Fi HaLow chip maker Morse Micro raised a further $30 million for its Series B from Australian superannuation funds, lifting the round to $170 million; its earlier seed and Series A raises are also recapped.
Also SmartCompany·Techboard·Startup Daily·SmartCompany·Startup Daily