Ledger. Australian venture funding, tracked

Startup · $2.2m raised · Education

University of Western Australia

University analyzing recovered experimental panels

Perth, WA

Coverage

Stories naming University of Western Australia. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Exit / M&A

Little Creatures Brewing Pty Ltd: A Fremantle Origin Story That Reshaped Australian Craft Beer Culture

Historical profile of the Fremantle craft brewery founded in 2000, covering its rise, its 2012 acquisition by Lion and 2023 sale to Asahi, and its lasting mark on Australian beer culture.

8 deals

Federal government slips $12.7 million to 8 quantum projects tackling energy, minerals and health

Eight university- and company-led Australian quantum projects share $12.7 million in stage-two Critical Technologies Challenge Program grants, funding prototypes for data-centre cooling, medical imaging and rare-earth detection.

Unnamed stage $27m

OncoRes Medical today announced it has closed an AUD $27M private funding round (‘the Funding round’) to progress clinical development and regulatory milestones for its Quantitative Micro-Elastography (QME) Imaging System, Elora™.

Perth-based OncoRes Medical has secured $27 million from Brandon Capital's BB6 Fund, Morgans, Radar Ventures and others to advance its Elora breast-surgery imaging device through an Australian clinical trial toward FDA approval.

Also oncoresmedical.com

23 deals

Cheque-in: 17 ANZ startups – plus Brooki and The Memo – raised $59.61 million this week

A weekly roundup of funding deals by Australian and New Zealand startups, spanning baked goods, retail, health AI, beverages, edtech, solar, legal tech, and Western Australian medical research grants.

12 deals

Western Australia backs 12 medtech startup ideas with $5 million in Seed funding

WA's Innovation Seed Fund has awarded almost $5 million in grants to 12 researchers and startups for health projects, from liver cancer tests to endometriosis diagnosis, ranging from $90,000 to $500,000.

Also Startup Daily·Startup News (WA)

2 deals

Perth infection management medtech Cytophenix prescribed $1.3 million in pre-Seed

Perth medtech spin-out Cytophenix raised a pre-seed round above its target to advance trials and grow the team behind FloCAST, a rapid test identifying effective antibiotics, after earlier grants and accelerator programs.

9 deals

Eight Aussie startups that raised $108.6 million this week

Roundup of eight funding deals: Synchron's Series D, plus raises by Lumonus AI, Hullbot, Nbryo, Cytophenix, Giftbee, Understanding Zoe and Zeligate, spanning medtech, robotics, agtech and AI.

Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily

3 deals

Gov gives quantum computing a major funding boost

The National Reconstruction Fund has taken a $13 million stake in quantum maker Quantum Brilliance, while a defence accelerator funds University of Western Australia quantum research and Germany's Cyber Agency contracts the company.

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

21 deals

Q-CRTL scores $2.3 million in $60m federal government plan to back quantum in defence

Defence grants totalling over $60 million went to 21 Australian organisations, with quantum software firm Q-CTRL among the recipients of contracts under a federal emerging technologies program.

21 deals

$60m in defence quantum technology grants announced

Canberra is funding 21 quantum and counter-disinformation defence projects, awarding $60 million in grants through ASCA's Emerging and Disruptive Technologies programme to universities and companies nationwide.

Also Startup Daily·Startup Daily·Startup Daily·@AuManufacturing

3 deals

Manufacturing news briefs – stories you might have missed

Roundup of Australian manufacturing news: OncoSil, K-TIG and Aurora Labs complete or commit raises, Amplia opens an offer, Siemens agrees to buy Altair, CSIRO unveils a printed-solar facility, and a WA medical alliance grows.

Funding announcement

‘We believed in what we were building’: Canva’s Melanie Perkins on raising capital and achieving big goals

Women's Agenda interview with Canva co-founder Melanie Perkins on her SXSW Sydney conversation with investor Mary Meeker, covering Fusion Books, Silicon Valley rejections, and the early backers who funded the design platform.

2 deals

Oceans of opportunity for plastic replacement

Profile of Uluu, a Perth climate tech startup turning farmed seaweed into biodegradable PHA to replace plastics, recalling early backing from Alberts Impact Ventures and Main Sequence plus two grants.

Also Forbes Australia

60 deals

WA Innovators Share $8.5m In WA Government Grants

Western Australia's government has awarded $8.5 million in grants across three schemes, a health innovation seed fund, commercialisation bridge grants and innovation booster grants, naming dozens of local recipients.

Funding announcement

WA medtech companies ready to pitch at premier industry event

Eleven WA health organisations, including grant-backed Metabolic Health Solutions, head to the AusMedtech 2024 conference with ministerial support to present devices and pursue new partners.

Funding announcement

Here are the 12 deep tech startups CSIRO chose for its latest ON Accelerate program

CSIRO has picked twelve deep-tech teams, mostly from Australian universities, for the eighth edition of its ON Accelerate commercialisation program starting in February 2024.

Grant

Manufacturing news briefs — stories you might have missed

Manufacturing briefs: Orthocell swaps royalty entitlement for UWA equity, Quickstep hands an unmanned aircraft frame to Carbonix, Sparc and QUT win a research grant, EOS disputes a lender fee, Neurizer plans a rights issue.

2 deals

Nourish Ingredients aims to launch fats with an 'authentic animal taste and aroma' in late 2024

Australian precision fermentation startup Nourish Ingredients secures government funding and grants, recalls its Series A, and outlines plans to launch its first animal-like fat in late 2024.

Also AgFunderNews

2 deals

State Government Backs OncoRes Medical with Funding to Manufacture Digital Cancer ImagingDevice in WA

OncoRes Medical has received a $3 million WA government grant to manufacture its surgical cancer-imaging device locally, its latest funding after a 2022 Series A2 and earlier state and federal grants.

Also Brandon BioCatalyst portfolio·Startup News (WA)

10 deals

Four Australian startups that have raised almost $7 million this week

Weekly roundup of Australian raises: Bloom's seed round, Vedi's animal-health funding, Alii's pre-Series A, and Code Like A Girl's government grant, alongside other WiSE grant recipients.

8 deals

$28.9m in grants issued to help improve soil carbon technology

Eight projects share 28.9 million dollars in Australian government grants under the National Soil Carbon Innovation Challenge, funding cheaper technologies for measuring soil organic carbon, with ministers Bowen and Watt announcing the recipients.

Funding announcement

QuantumTX delivers $750,000 to 30 companies

QuantumTX's 2022 space and technology incubator has awarded $750,000 across 30 Australian companies, half from Western Australia, working in remote operations fields including robotics, AI and satellite communications.

17 deals

17 grants awarded to help commercialise WA medical and health inventions

Also Startup News (WA)·Techboard

3 deals

News briefs – stories you might have missed

Roundup covering Victorian zero-emission bus trials, Frew Foods' planned plant expansion, 5B's layoffs and completed capital raise, Wellnex Life's convertible note raising, SafetyCulture investing in Inauro, plus wind farm and university research news.

Also @AuManufacturing·Techboard

2 deals

Australian medical device company secures additional $12.5m to advance its breast cancer imaging system towards clinical trials

Perth medtech OncoRes Medical announced $12.5 million: a $9.5 million Series A2 co-led by Brandon Capital and Australian Unity, plus a $3 million government grant, and hired a new R&D vice president.

Also Brandon Capital portfolio·Brandon BioCatalyst portfolio·Brandon Capital portfolio·Brandon Capital portfolio·Brandon BioCatalyst portfolio·Startup News (WA)

Funding announcement

The Super Seven: Meet Blackbird's Seven New Associates

Blackbird presents its seven new investment associates, profiling their varied backgrounds across elite sport, science, banking, consulting and startups, plus prior roles at firms including Sprint Ventures, NZ Growth Capital Partners and AustralianSuper.

Something wrong? Tell us