Ledger. Australian venture funding, tracked

Startup · $64.8m raised

UNSW

Sydney, NSW

Coverage

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

10 deals

SQC among 6 startups sharing $12.3 million in quantum grants

Six Australian quantum startups, including Silicon Quantum Computing and QuantX Labs, have received federal grants totalling $12.3 million under the Critical Technologies Challenge Program for projects in energy, health, biosecurity and logistics.

15 deals

🇦🇺 This Week in Australian Startups #179, 26th September 2026

Weekly roundup recording a dozen raises and acquisitions, Firmus's scheduled float, a new $50m venture fund, a founder share sale, grant winners, an accelerator intake, and an AI agent's government breach.

Also Dynamic Business·DealStreetAsia·This Week in Australian Startups·Dealroom·ABC News Technology

Funding announcement

Defence Trailblazer fast-tracking new technologies to help Defence and Industry transition to clean energy

Defence Trailblazer funds emissions-reduction projects with Electric Motor Power, Ocius Technology and Praxis, and profiles renewable-technology ventures from its Entrepreneurial Foundations for Defence program.

Funding announcement

Seven ANZ startups that raised $111.5 million this week

Roundup of seven raises across the Tasman spanning fintech, marine tech, agtech, defence and AI, plus a first close for an ACT venture fund.

News

Defence Trailblazer at ADSTAR 2026: impact and legacy

Defence Trailblazer showcases its researchers, ventures and projects at an Adelaide defence summit, citing over $140 million in industry support, as it prepares to hand over to AUSDII.

Seed

Beaten Zone Venture Partners Backs Seitec in turning a passive, all-weather sensing modality into a new class of defence capability – detecting the threats conventional sensors cannot and reshaping the military and security landscape.

Beaten Zone Venture Partners announces Fund 1 joined Activate Capital and UNSW in a seed round for Seitec, a Canberra defence startup whose seismic sensors find unexploded ordnance and hidden drones.

Also Dealroom·Business News Australia·Defence Connect·Startup Daily

Seed US$6m

Our Investment in Vexev - Building Autonomous Robotic Ultrasound

Ten13's post explains why it joined the robotics company's latest raise alongside Blackbird, Neotribe, Startmate and Horizons, covering its autonomous scanning device, dialysis focus, founders, and US rollout plans.

Also Dealroom·vexev.com·datapile.co·evtoday.com

Funding announcement

ARENA-backed accelerator selects 'hardware' climate tech startups

EnergyLab unveils ten hardware-focused climate tech startups joining its 2026 Climate Solutions Accelerator, supported by $1.64 million from ARENA; alumni Infravision, Renewable Metals, Orkestra and Amber later received ARENA funding.

Funding announcement

The little big battery using local smarts and deeper storage to help fill gap in most renewable grid

South Australian startups Lunio Energy and OptiGrid launch a 5 MW Strathalbyn battery into market trading; the piece recalls OptiGrid's seed round backed by CEFC, IP Group, Hostplus, universities and EnergyLab.

Funding announcement

The little big battery using local smarts and deeper storage to help fill gap in most renewable grid

A 5 MW South Australian battery has started trading, the first project for developer Lunio Energy and the first four-hour site run on OptiGrid's optimisation platform, whose seed backers are recapped.

8 deals

NRF trebles its stake in Silicon Quantum Computing with another $40 million

The National Reconstruction Fund has put another $40m into Sydney quantum chip maker Silicon Quantum Computing, following its $20m investment three months earlier, part of a larger round still underway.

3 deals

Defence Trailblazer works with local industry partners in sustainable tech

University–government partnership Defence Trailblazer showcases the clean, low-emission defence projects it is funding with industry, plus ventures developed through its entrepreneurship readiness program.

Also Startup Daily

Funding announcement

Defence Trailblazer backs clean-energy tech

Defence Trailblazer is advancing emissions-cutting defence technology projects pairing companies with university researchers, and names seven ventures in its Entrepreneurial Foundations for Defence program.

News

Defence Trailblazer Accelerates Net-Zero Tech for Australian Defence

Defence Trailblazer is running clean-energy projects with university and industry partners for Australian defence; its EFD program backs seven ventures developing batteries, drone power, hull-cleaning robots and solar tech.

13 deals

Cheque-in: 8 startups gobbled up $572.12 million in funding this week

Weekly roundup of eight raises totalling $572.12 million, led by Firmus's $500 million round; RAGE Biotech, SunDrive, Number 8 Bio, Fabra, Keeyu, MyGig and Drone-Hand also funded, plus two RAGE Biotech executive appointments.

Also SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Business News Australia

2 deals

Livestock methane reduction startup swallows $11 million Series A

Sydney synthetic-biology venture Number 8 Bio has banked an $11m Series A with Icehouse Ventures leading, to advance cattle trials of its methane-cutting supplement; its 2024 seed and accelerator stint are recalled.

Also AgFunderNews·Startup Daily·SmartCompany

5 deals

Uniseed boss Peter Devine calls time on 20 years leading Australia's OG VC

Uniseed chief executive Peter Devine departs after two decades; Monash's Alistair Hick takes over in 2026. The piece recounts Uniseed's fund history and recent stakes in ENA Respiratory and Morse Micro rounds.

News

Propeller Aero cofounder Rory San Miguel named the 2025 NSW Pearcey Entrepreneur of the Year

Propeller Aero's chief executive Rory San Miguel has won the Pearcey Foundation's 2025 NSW entrepreneur award; the profile traces his path from UNSW clubs and Flirtey to the drone surveying company.

6 deals

Uniseed adds another $25m from UniSuper to commercialise academic research

UniSuper adds a further $25 million to its backing of Uniseed, reaching $100 million in total support for the university research commercialisation fund; past cheques to quantum and biotech startups are recapped.

3 deals

Private equity firm Quadrant takes a $50-100 million slice of startup veteran LegalVision

Sydney PE firm Quadrant's new $660m growth fund backs LegalVision for an undisclosed stake; the article also recaps Quadrant's earlier deals and exits, including Canva, Modibodi and Canberra Data Centres.

Key hire

“Shell companies for rent seekers:” Coalition attacks solar innovators, including Turnbull-backed SunDrive

A federal opposition senator attacks Labor's solar manufacturing program and SunDrive, which has cut staff and changed CEO while pursuing partnerships with AGL and Trina Solar to localise panel production.

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