Funding announcement
Women’s health data startup Ovum lands $4 million Seed round
Melbourne women's health app Ovum raised $4m Seed funding led by Admiralty Capital Group to expand AI-driven health data tools, valuing it at $18 million.
Venture capital fund · 1 deal
Think & Grow
Disclosed deals
Every published round Think & Grow 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 |
|---|---|---|---|---|---|---|
| Ovum | Seed | 4 Aug 2026 | $4m | Participant | Startup Daily (25 Sep 2026), SmartCompany, Startup Daily (23 Jun 2026), Women's Agenda, Forbes Australia, Dealroom, Giant Leap portfolio |
Portfolio
Companies Think & Grow has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Ovum | AI-powered women's health platform building a longitudinal health dataset. | 4 Aug 2026, Seed | 1 | 0 |
Funds
Fund closes reported for Think & Grow, as distinct from the investments it has made.
Portfolio companies acquired
Companies Think & Grow has backed that another company then bought. An exit for the holding, not a deal Think & Grow did.
People
| Name | Role | Sources |
|---|---|---|
| Jonathan Jeffries | Founder | Startup Daily, functionly.com |
Coverage
Stories naming Think & Grow. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
News
The Founders Union startup services hub launches
Scalare Partners has launched The Founders Union, an AI-driven hub connecting founders to education, community, services and investment providers; Westpac, MYOB, Atlassian and Zoho are among its partners.
7 deals
Chipper Cash Becomes A Unicorn & Mr Yum raises US$65m Series A led by Tiger Global
TEN13 newsletter reporting Chipper Cash's US$150m unicorn round, Mr Yum's Tiger Global-led Series A, and new investments in Payhippo, Preezie, Pushas and Heaps Normal, plus portfolio updates.
Also Skalata Ventures·Skalata Ventures·Archangel Ventures portfolio·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Women's Agenda·Beef Central / Grain Central·Forbes Australia·SmartCompany·LaunchVic
2 deals
Functionly secures US $2.7m (AU$3.6m) in seed round funding to disrupt the organisational design industry with simple software for leaders
Org-design software maker Functionly announced a AU$3.6m seed round with Black Nova Venture Capital leading and several funds plus angels taking part, bringing its overall funding to AU$5.9m alongside an earlier A$598k government grant.