Investor · 5 deals
New York, OS
Every published round StepStone Group 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 |
|---|---|---|---|---|---|---|
| Lyka | Series C | 4 Aug 2026 | $67m | Participant | Startup Daily (5 Aug 2026), Shearwater Capital, petnews.com.au, Startup Daily (6 Mar 2026), SmartCompany (6 Mar 2026), SmartCompany (3 Mar 2026), Afterwork Ventures portfolio, Shearwater Capital portfolio | |
| Kasada | Unnamed stage | 10 Dec 2025 | $30m | Participant | Startup Daily (12 Dec 2025), SmartCompany, Startup Daily (11 Dec 2025), Main Sequence Ventures portfolio, OIF Ventures portfolio | |
| Lyka | Series B | Jun 2023 | $25m | Participant | Techboard, Forbes Australia, Business News Australia, Defender AM portfolio, SmartCompany (16 Jun 2023), SmartCompany (16 Jun 2023) | |
| Kasada | Series C | 13 Dec 2021 | $34m | Lead | Startup Daily (11 Dec 2025), Startup Daily (13 Dec 2021) | |
| Kasada | Series C | Dec 2021 | $23m | Lead | Startup Daily, SmartCompany (12 Dec 2025), Our Innovation Fund, SmartCompany (10 Dec 2021) |
Companies StepStone Group has backed in a published round, and companies whose existing shares it bought off another holder.
Fund closes reported for StepStone Group, as distinct from the investments it has made.
Companies StepStone Group has backed that another company then bought. An exit for the holding, not a deal StepStone Group did.
Stories naming StepStone Group. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Sydney pet food firm Lyka has banked a $67 million Series C led by New York's LGVP, with StepStone Group and Shearwater Capital taking part, to bankroll new products and overseas growth.
Also SmartCompany·SmartCompany·Startup Daily·Startup Daily·petnews.com.au
Funding roundup led by Airwallex's US$330 million Series G at a $12 billion valuation, with raises from Kasada, Hnry, All G, Bless Payments and Emanda, plus earlier rounds recalled.
Also Startup Daily
Bot defence firm Kasada has secured $30 million from EQT plus earlier backers Turnbull & Partners, Reinventure, Main Sequence, OIF, StepStone and Ten Eleven, with founder Sam Crowther back in Sydney.
Morgan Stanley's infrastructure arm has gathered $4.1bn in pledges for its fourth North Haven vehicle, and the piece also lists fresh closes by Copenhagen Infrastructure, Brookfield, Fengate, StepStone, Ridgewood, Novacap and Harrison Street.
Prysm Capital has invested a further $75 million in Sydney pet-care platform Pet Circle, keeping its valuation above $1 billion; the piece also recalls its 2021 Series C and Lyka's June raise.
Also Forbes Australia·Forbes Australia·SmartCompany·Techboard·Startup Daily·SmartCompany
Weekly roundup of six Australian startup raises: Lyka's Series B extension, plus new funding for HydGene, JDoodle, One Future Football, Aquila and Number 8 Bio, with investors and founder comment.
Also RenewEconomy·Startup Daily·SmartCompany·Startup Daily·SmartCompany·RenewEconomy·RenewEconomy
Bot-security firm Kasada, founded by Sam Crowther, raised $23m in a Series C led by StepStone, with OIF and Turnbull & Partners among existing backers; StepStone had recently acquired Greenspring Associates.
Weekly roundup reporting many startup funding rounds, Investible's fund close, Skalata's committed capital, hipages buying Builderscrack, Stack Sports acquiring Team App, and Level Equity's stake purchase in Eftsure.
Also SmartCompany·Techboard·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily