Venture capital fund · 10 deals
Investment management for listed and unlisted companies
Melbourne, VIC
Every published round Thorney Investment 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.
Companies Thorney Investment has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Awayco | Ecommerce personalisation and mobile POS for retailers | 9 Aug 2023 | 1 | 1 |
| Elenium Automation | 3 Dec 2021 | 1 | 1 | |
| Immediation | Virtual dispute mediation and legal hearing platform | Dec 2020, Series A | 2 | 1 |
| Dubber | ASX-listed AI firm | 18 Mar 2024, Venture debt | 1 | 0 |
| Superhero | Trading platform expanding into crypto trading | 26 Oct 2021 | 1 | 0 |
| Timelio | 2016 | 2 | 0 | |
| Visionary Machines | Computer-vision start-up whose technology uses arrays of cameras for 3D spatial sensing t… | 1 Nov 2021, Seed | 1 | 0 |
| Willed | Death tech start-up | 14 Jun 2022, Series A | 1 | 0 |
Companies Thorney Investment'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 |
|---|---|
| acm.media | acm.media ↗ |
| AMA Group Ltd | - |
| amagroupltd.com | amagroupltd.com ↗ |
| austineng.com | austineng.com ↗ |
| Austin Engineering | - |
| Australian Community Media | - |
| COG Financial Services Ltd | - |
| cogfs.com.au | cogfs.com.au ↗ |
| Money3 | - |
| Palla Pharma Limited | - |
| scee.com.au | scee.com.au ↗ |
| Service Stream Limited | - |
| solvar.com.au | solvar.com.au ↗ |
| Solvar Ltd | - |
| Southern Cross Electrical Engineering Ltd | - |
| Waislitz Foundation | waislitzfoundation.org ↗ |
| Website Design Melbourne | voltekka.com.au ↗ |
| zip.co | zip.co ↗ |
| Zip Co Ltd | - |
Fund closes reported for Thorney Investment, as distinct from the investments it has made.
Companies Thorney Investment has backed that another company then bought. An exit for the holding, not a deal Thorney Investment did.
Stories naming Thorney Investment. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Micro-X has lined up A$8 million through convertible notes to advance Head CT work and the Rover launch, while installing Dr Brian Gonzales as CEO in place of departing Kingsley Hall and cutting costs.
Metigy co-founder David Fairfull has admitted in court to deceiving investors and misusing his director role, after the marketing software startup's raises were built on fabricated figures before its 2022 collapse.
The co-founder and ex-CEO of collapsed marketing software firm Metigy has admitted to deceiving investors and misusing his director role in a corporate regulator prosecution.
Also SmartCompany
Southern Cross Media's chairman defends its proposed all-scrip merger with Seven West Media, saying major shareholders back it, while Sandon Capital's Radzyminski moves to block the share issue and rivals circle.
Share trading and super platform Superhero has raised $11 million from existing backers, lifting its post-money value to $150 million, with plans to build tools that give investment advice.
Also SmartCompany
Weekly roundup of four Australian startup raises: Kismet's $20m seed extension, Primary's $3.5m seed round, Willed's $3m from Seven West Media, and East Forged's $1.5m from a Vietnamese agribusiness's venture arm.
ASX-listed Dubber takes a $5 million bridging loan from Alex Waislitz's Thorney vehicle Tiga Trading after $26.6 million went missing, while an equity raise is planned and ASIC investigates.
Also Startup Daily
Profiles Australia's ten wealthiest women from the AFR's new list, alongside Canva's in-progress share sale, a large gift to a global gender-fund vehicle, and one backer's earlier healthtech round.
Earlypay, an ASX-listed lender, is buying Timelio, a Melbourne invoice and trade finance provider, for $3 million — a fraction of what its shareholders previously invested.
Dispute resolution tech company Immediation entered voluntary administration, with FTI Consulting appointed and seeking recapitalisation or asset sale bids; the article recounts its funding history and leadership turmoil.
Splitit announced $60 million in committed investment from Motive Partners, Thorney and Parea Capital, tied to conditions including leaving the ASX; the piece recalls the payments firm's 2019 listing.
Weekly roundup of six Australian startups raising a combined $45.1 million across energy, e-commerce, design software, cloud security, climate tech and insurtech, plus Awayco's acquisition of Barcode Solutions and nVest winning SmartCompany's Pitch.
Also SmartCompany·LaunchVic
Alex Waislitz's Thorney vehicle steered an $11 million round into Awayco, which also bought Sydney point-of-sale firm Barcode Solutions; its chief Shanti Kumar now heads POSConnex, while founder Gideon Gut-Silverman keeps directing growth.
Also SmartCompany
Seven West Media's venture arm joins Antony Catalano and Alex Waislitz in backing their proptech consortium View Media Group, with cash, capital and media services pushing the package past $100 million; the piece also recalls earlier property media deals.
Invoice-financing firm Timelio's founding couple have stepped down as a shareholder rights issue raised $7.5 million, with a new chief executive appointed; the piece also recalls earlier backing and a bank unit purchase.
Republished AFR report on funeral startup Bare banking a ten-million-dollar round from Perennial and Ord Minnett, plus rival Willed's June raise from Thorney, Ellerston and a Bell Potter investor.
Also OIF Ventures portfolio·SmartCompany·Startup Daily·Techboard·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany
Melbourne biometric access startup Elenium Automation raised A$10 million led by Thorney Investment Group with NRMA and Acorn Capital, and appointed Paula Dwyer as chair ahead of rolling out its Faceway product.
Australian trading and superannuation startup Superhero has raised $15 million led by Perennial Value Management, lifting its six-month funding to $40 million, and is considering New Zealand expansion and cryptocurrency trading.
Also Startup Daily·Australian FinTech·Cut Through Venture·SmartCompany·SmartCompany·Startup Daily