Venture capital fund · 2 deals
Investment fund for national security dual-use technologies
Sydney, NSW
Every published round The 1941 Fund 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 |
|---|---|---|---|---|---|---|
| The Whiskey Project Group | Unnamed stage | 26 Aug 2024 | ≤$20m | Lead | privateequitymedia.com.au, AFR Street Talk, The 1941 Fund portfolio | |
| Fleet Space Technologies | Series C | 24 May 2023 | $50m | Participant | Space Connect, Startup Daily (12 Dec 2024), TechCrunch Venture, SmartCompany (12 Dec 2024), satcom.digital, Startup Daily (18 Apr 2024), Forbes Australia, Blackbird Ventures, @AuManufacturing (29 Jun 2023), Techboard, @AuManufacturing (29 May 2023), SmartCompany (26 May 2023), SmartCompany (24 May 2023), Bondi Partners portfolio, Bondi Partners portfolio, The 1941 Fund portfolio |
Companies The 1941 Fund has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Fleet Space Technologies | nano satellite startup | 24 May 2023, Series C | 1 | 0 |
| The Whiskey Project Group | Tactical and multi-mission reconnaissance watercraft | 26 Aug 2024 | 1 | 1 |
Companies The 1941 Fund's own portfolio page lists that no published round yet places it in. The page is the source; the round is being looked for.
| Company | Site |
|---|---|
| Firmus | - |
| LeoLabs | - |
| SPEE3D | - |
| SwitchDin | - |
| WithYouWithMe | - |
Fund closes reported for The 1941 Fund, as distinct from the investments it has made.
Companies The 1941 Fund has backed that another company then bought. An exit for the holding, not a deal The 1941 Fund did.
Stories naming The 1941 Fund. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Bondi Partners' 1941 fund has put $5 million into The Whiskey Project Group's latest capital raise, which could reach $20 million and will fund US expansion plus growth of its NSW boatyard.
Tactical watercraft maker The Whiskey Project Group has banked new investment in a round headed by Ellerston Capital alongside Bondi Partners' 1941 Fund; sum undisclosed, while its boat-building chief chases US contracts and growth.
Weekly roundup of five startup raises: Fleet Space's Series C, Checkmate's Series A, Adventus's new round, Endua's hydrogen funding and Servicely's raise, with investors named.
Also Forbes Australia