Ledger. Australian venture funding, tracked

Co-founder and CEO, Eucalyptus · angel in 3 deals

Tim Doyle

Coverage

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

9 deals

Eight ANZ startups that raised $102 million this fortnight

Roundup of eight Australian and New Zealand startups whose late-July funding totals $102 million across space capsules, medical devices, livestock breath analysis, sports analytics and AI crop forecasting.

Pre-seed $2m

Canva acquires Sydney AI marketing tech startup MagicBrief

Canva has bought Sydney marketing-analytics startup MagicBrief. Terms undisclosed. The deal follows the startup's 2023 pre-seed raise led by Blackbird and Archangel Ventures.

Also Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Women's Agenda·TechCrunch Australia

3 deals

Process digitisation proptech Sitemate nabs another $7.5 million in pre-Series A

Construction software startup Sitemate has secured $7.5 million in pre-Series A funding, led by Marbruck Investments with Blackbird and Artesian participating, and intends to double headcount during 2024.

Also SmartCompany·Startup Daily

11 deals

Nine Aussie startups that raised $107.35 million this week

Weekly roundup detailing nine Australian startup funding rounds totalling $107.35 million, spanning pet e-commerce, quantum sensors, proptech, agtech, EV charging, sailing apparel, marketing tools, consumer goods and pregnancy wearables.

Also Startup Daily·Australian FinTech·SmartCompany·AgFunderNews

Pre-seed $2m

Blackbird leads $2 million pre-Seed round into martech startup MagicBrief

Blackbird led a $2 million pre-seed raise for MagicBrief, a Sydney martech startup building an advertising creative workflow platform, with Archangel Ventures and several founder-angels also taking part.

Also SmartCompany·SmartCompany·Startup Daily

4 deals

Online health brands startup Eucalyptus picks the online meat off the bones of Jenny Craig collapse

Eucalyptus buys Jenny Craig's online assets out of administration while stores shut; the health startup's recent raise and earlier rounds are recapped, alongside other distressed-brand acquisitions.

4 deals

Eucalyptus lands $50 million amidst online prescription model concerns

Digital health company Eucalyptus has raised $50 million from existing backers, reportedly valuing it at $560 million, even as doctors and regulators question the prescription practices of its weight-loss brand Juniper.

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

Something wrong? Tell us