Ledger. Australian venture funding, tracked

Government · 9 deals

Temasek

Singapore, OS

Coverage

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

Funding announcement

Investing in a Cleaner Future: Reflections from the Frontlines of Climate Innovation

The fund's authors recap two climate-investment events, weighing the massive global capital needs, mixed public-private funding models, and its clean-economy portfolio activity in Victoria.

12 deals

From quantum computing to quesadillas: Top 12 biggest capital raises of 2024

Year-end roundup ranking 2024's twelve largest startup raises, headed by PsiQuantum's $940 million government-backed quantum computing round, plus Guzman y Gomez's ASX listing and Betashares' Temasek investment.

11 deals

Deals in brief: HongShan raises RMB 18 billion fund, Partior and Miridih secure funding, four China deals, and more

KrASIA roundup: HongShan closes an RMB 18 billion fund, Partior and Miridih raise Series B rounds, Packworks gets a government grant, four Chinese startups raise, and Nika.eco, Validus and Airs Medical win funding.

14 deals

Eight Aussie startups that raised $118.8 million this week

Weekly roundup of eight Australian funding rounds, led by Samsara Eco's $100m Series A extension; Diraq, 1Breadcrumb, Aquila, NRN, Klean, Bearhug and Sindy Labs also secured capital, and Klean won a Queensland grant.

Also TechCrunch Australia·SmartCompany·@AuManufacturing·Techboard·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·@AuManufacturing·Forbes Australia·@AuManufacturing

3 deals

‘Game changer’: Samsara Eco raises $100 million for infinite recycling of plastics

Australian plastics recycler Samsara Eco secured a Temasek-led Series A+ of $100 million to scale enzyme-based infinite recycling, with Southeast Asian facilities planned, adding to its 2022 Series A.

Also TechCrunch Australia·SmartCompany·@AuManufacturing·Techboard·SmartCompany·@AuManufacturing·@AuManufacturing·@AuManufacturing

2 deals

Samsara Eco is working to replace plastic packaging with fossil fuel-free alternatives

Australian enzymatic plastics recycler Samsara Eco raised a large all-equity round led jointly by Temasek and Main Sequence, with Lululemon among other backers, funding new recycling facilities and team growth.

Also SmartCompany·Startup Daily·Forbes Australia·SmartCompany·SmartCompany·SmartCompany·SmartCompany·@AuManufacturing·Forbes Australia·@AuManufacturing·Forbes Australia·Forbes Australia

12 deals

The Week in AgriFoodTech: Hysata snags $111m for green hydrogen, Ocean 14 launches $200m+ fund

Weekly agrifoodtech roundup: Hysata's green-hydrogen Series B, Rize's Series A, other raises, Ocean 14 and Peakbridge fund closes, Uber buying Delivery Hero's Taiwan unit, executive hires, and an accelerator's cohort selection.

3 deals

Labor bets big on quantum with $1 billion deal for PsiQuantum and multimillion-dollar Sydney Uni hub

The Australian federal and Queensland governments are investing $940m in PsiQuantum, which will open a Brisbane regional headquarters; $18.4m will fund a national quantum centre at the University of Sydney.

Also Dealroom·Forbes Australia·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Forbes Australia

6 deals

Australia's climate tech industry is booming, but it could bust without funds

Feature on Australia's fast-growing climate tech sector, recounting raises at companies including Neara, Loam Bio, Goterra and Great Wrap, and warning that scarce growth capital and limited foreign investment could stall the industry.

3 deals

Main Sequence surpasses $1 billion funds under management for deep tech as it launches new Fund

Deep tech venture firm Main Sequence has reached an initial A$450 million close on its third fund, pushing money under management past A$1 billion; Hostplus, Temasek and CSIRO are among the backers.

Also SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·TechCrunch Australia·@AuManufacturing

Unnamed stage

‘Infinite recycling’ startup Samsara Eco partners with Lululemon

Enzyme-based plastics recycler Samsara Eco announces a multi-year partnership with Lululemon, which makes an undisclosed minority investment, its first in a recycling company.

Also SmartCompany·@AuManufacturing·Techboard·SmartCompany·@AuManufacturing·@AuManufacturing·Forbes Australia·@AuManufacturing

2 deals

v2food, one of the biggest local names in fake meat, has changed strategy after its founder departed

Plant-based meat maker v2food changed course and is shutting its Wodonga factory after founder-CEO Nick Hazell's departure, with Tim York now chief executive; the story recalls its two Series B raises.

13 deals

The week in agrifoodtech: Plant-based salmon reels in $12m, new funding for ag robots, Impossible layoffs

Weekly agrifoodtech roundup: funding for FoodByUs, New School Foods, BloomX and others, acquisitions by CropX and Growy, plus layoffs at Impossible Foods and Glovo.

Also AgFunderNews·AgFunderNews

12 deals

The Week in Agrifoodtech: Roslin Technologies' $12m for cell lines, Sistema.bio's $10m for biogas

Weekly roundup of agrifoodtech raises including Roslin Technologies, Sistema.bio, Buddha Brands, Proper Good, Perfekto, Agriconomie, FishLog, PasarMikro, DataFarming, Carble, Sabanto and BioRaptor, plus partnerships, a product launch and layoffs.

Series A $54m

Samsara Eco banks $54m Series A funding to scale infinite recycling

Enzyme-based plastic recycler Samsara Eco has raised a $54 million Series A to build a commercial recycling facility in Melbourne, with investors including the CEFC Innovation Fund, W23, Main Sequence, Breakthrough Victoria and Temasek.

Also TechCrunch Australia·Breakthrough Victoria·@AuManufacturing·Startup Daily·Startup Daily·Techboard·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·@AuManufacturing·@AuManufacturing·TechCrunch Australia·@AuManufacturing·TechCrunch Australia·Forbes Australia·@AuManufacturing

2 deals

“Infinite recycling” startup Samsara raises $54 million in Series A

Samsara Eco, an Australian National University recycling-tech spinout, has closed a $54 million Series A with returning and new investors, plus an earlier government grant, to expand its enzyme library and build its first commercial facility.

Series C $280m

Heavy hitting global VCs Temasek and Tencent back NFT gaming startup Immutable in $280 million Series C

Sydney NFT gaming firm Immutable raised a $280 million Series C valuing it at $3.5 billion, led by Temasek with Tencent and Animoca Brands, six months after an $82 million raise.

Also SmartCompany·SmartCompany·Techboard·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Forbes Australia·Forbes Australia·Crunchbase News

Fund close $250m

Fund 2 Announcement

Australia's Main Sequence has pulled in A$250 million for its second deep tech fund, with existing backers returning and a sharpened emphasis on decarbonisation investments.

3 deals

NFT firm Immutable valued at $2.5bn in Temasek-led financing

Sydney-based NFT gaming firm Immutable has secured $200 million in new backing spearheaded by Singapore's Temasek, valuing the company at $2.5 billion; Tencent, Mirae Asset, ParaFi Capital and Declaration Partners also joined.

Also cryptobriefing.com·checkcryptonews.com·TechCrunch Australia

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