Ledger. Australian venture funding, tracked

Investor · 1 deal

Tesla

Coverage

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

Seed US$6m

Our Investment in Vexev - Building Autonomous Robotic Ultrasound

Ten13's post explains why it joined the robotics company's latest raise alongside Blackbird, Neotribe, Startmate and Horizons, covering its autonomous scanning device, dialysis focus, founders, and US rollout plans.

Also Dealroom·vexev.com·datapile.co·evtoday.com

3 deals

TechCrunch Mobility: Uber everywhere, all at once

Mobility newsletter roundup: Uber's robotaxi deal with Rivian, Nvidia's automaker partnerships, Advanced Navigation's Series C, other startup raises, and acquisitions including Amazon's purchase of robotics startup Rivr.

13 deals

Cheque-in: 8 startups gobbled up $572.12 million in funding this week

Weekly roundup of eight raises totalling $572.12 million, led by Firmus's $500 million round; RAGE Biotech, SunDrive, Number 8 Bio, Fabra, Keeyu, MyGig and Drone-Hand also funded, plus two RAGE Biotech executive appointments.

Also SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Business News Australia

Funding announcement

Retailer that set out on a mission to disrupt legacy energy giants is being bought out by one

Origin Energy is buying Energy Locals, the membership-based power retailer founded to disrupt Australia's major gentailers. Its current owners, a consortium led by Palisade Impact, purchased it from Quinbrook about a year ago.

Also RenewEconomy·Forbes Australia

Series A $16m

Climate Tech Partners backs Hullbot in cutting shipping emissions: $16m series A

Australian robotics company Hullbot has raised A$16 million in a Series A led by Regeneration VC to expand its ship hull-cleaning technology worldwide; the deal is the first from Climate Tech Partners' new fund.

Also SmartCompany·Startup Daily·katapultocean.com·SmartCompany·Startup Daily·greenreview.com.au·marinebusinessnews.com.au

2 deals

Amber Electric secures $45m raise as Australia's home battery market surges

Amber has banked a $45 million Series D, headed by ETF Partners, to push its household energy platform into Europe, while a new federal battery rebate promises to widen its market.

Funding announcement

Here are the 16 startups pitching at Startmate Demo Day this week

Preview of the sixteen startups in Startmate's Summer '25 Accelerator cohort pitching at Demo Day at Carriageworks, closing out Blackbird's Sunrise gathering in Sydney.

Fund close $100m

Thought Leadership Series: A CEO's Perspective on Driving Innovation

Breakthrough Victoria's chief executive reflects on the sovereign fund's first four years, its university co-funding partnerships and OECD evidence that government venture capital works best alongside private investors.

6 deals

The $15bn National Reconstruction Fund takes $32 million stake in AI medical diagnostics startup Harrison.ai

Harrison.ai has received $32 million from the National Reconstruction Fund Corporation toward its Series C, with the federal investor's December backing of Vault Cloud, Myriota and Quantum Brilliance also noted.

Also Women's Agenda·Forbes Australia

6 deals

Four Aussie startups that raised $123.6 million this week

Weekly roundup of four Australian raises: HammerTech $105m led by Riverwood Capital, JigSpace $13m led by Breakthrough Victoria, ExoFlare's $5.3m seed, and Go Locum's $350,000 seed led by Paspalis.

Unnamed stage $7.5m

Manufacturing news briefs – stories you might have missed

AuManufacturing roundup of brief industry news: Wide Open Agriculture banks a $7.5 million raise, Liontown adds a lithium offtake partner, Osteopore signs Zimmer Biomet for distribution, plus quantum, defence, rail and recycling items.

2 deals

Biosecurity threats software startup plants $5.3 million Seed round

ExoFlare, cofounded by ex-Data61 chief Adrian Turner, has banked $5.3 million in seed funding led by Salus Ventures to help food producers manage biosecurity risks.

Also SmartCompany

2 deals

Q2 2024 Global Fund Newsletter

Defender AM's quarterly letter reports the Defender Global Fund's Q2 2024 performance, a fresh Lyka Pet Food raise at a higher valuation, and the fund's profitable part-sale of its Lyka holding.

Also Defender AM portfolio·Defender AM portfolio·Shearwater Capital portfolio·Business News Australia

5 deals

Agtech VC Tenacious Ventures plants $18 million in first close for Fund II

Agtech investor Tenacious Ventures reached an $18 million first close on its second fund, which has a $50 million target; backers include Trawalla Group, Wollemi Capital Group and Macdoch Ventures.

Also Forbes Australia

3 deals

Manufacturing news briefs – stories you might have missed

Roundup of Australian manufacturing news: Matrak closes a Series A, Queensland Pacific Metals receives an R&D tax refund, ARENA funds a household energy trial, Ampcontrol appoints a transformation chief, plus policy and launch briefs.

Also @AuManufacturing

Series A

Q1 2024 Global Fund Newsletter

Defender's quarterly investor letter reports its global fund's Q1 2024 performance and public-market moves, and revisits its Series A backing of Lyka Pet Food, an Australian fresh pet food maker building a Victorian facility.

Also Defender AM portfolio·Shearwater Capital portfolio·Business News Australia

Funding announcement

Q1 2024 Global Fund Newsletter

Defender's fund letter reports a 2% quarterly return, discusses listed trades including a semiconductor ETF position, and revisits its Series A investment in Australian pet-food maker Lyka Pet Food.

News

Jonny Dawson

Dom Pym discusses his journey from engineering to founding Up Bank and now investing via Euphemia, focusing on social good and underrepresented founders.

Grant

Manufacturing news briefs — stories you might have missed

Manufacturing briefs: milk company results, a biotech shelving US studies, a rare earths R&D incentive, wind zone consultations, land tax anger, a big battery, a food tech centre launch, and a CEO appointment.

13 deals

Nine Aussie startups that raised $40.5 million this week

Weekly roundup covering nine Australian startups' new capital totalling $40.5 million, across solar, quantum computing, marketing tech and crowdfunding, plus a look back at Aconex's $1.6 billion Oracle sale.

Also SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Wholesale Investor

Fund close $13.5m

'We want more female-led billion dollar startups': Robyn Denholm and Carol Schwartz back female-led VC

Female-led VC ALIAVIA has closed a US$8.7 million fund, backed by Robyn Denholm, Carol Schwartz, Cynthia Scott, Tattarang and Dom Pym, to invest in female-founded startups across Australia and the US.

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