Archangel Ventures 2021 - A year in review
Archangel Ventures reviews 2021: the Australian early-stage firm closed its first annual fund, made 24 investments, and recalls portfolio raises by Atelier, Bardee, Heaps Normal and Relevance AI.
Investor · 1 deal
Every published round Upswell 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 |
|---|---|---|---|---|---|---|
| Loopit | Seed | 21 Jun 2024 | $4m | Participant | SmartCompany, Australian FinTech |
Companies Upswell has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Loopit | Sydney software company whose platform underpins subscription and rental services worldwi… | 21 Jun 2024, Seed | 1 | 0 |
Fund closes reported for Upswell, as distinct from the investments it has made.
Companies Upswell has backed that another company then bought. An exit for the holding, not a deal Upswell did.
Stories naming Upswell. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Archangel Ventures reviews 2021: the Australian early-stage firm closed its first annual fund, made 24 investments, and recalls portfolio raises by Atelier, Bardee, Heaps Normal and Relevance AI.
Roundup of nine local startups that together banked a combined $38m-plus this week, spanning precision instruments, proptech, adtech, robotics, food, energy storage and AI, with several earlier raises recalled.
Also Australian FinTech·Startup Daily·SmartCompany·AgFunderNews