Ledger. Australian venture funding, tracked

Company

UTS

Sydney, NSW

Coverage

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

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.

3 deals

Puralink dredges up $2.3m seed round for autonomous pipe robot

Sydney robotics startup Puralink has raised $2.3m in seed capital, with Peak XV leading and several local funds and angels joining, to commercialise its leak-detecting robot for pipes.

Also SmartCompany·Startup Daily·Forbes Australia

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.

Unnamed stage

Manufacturing news briefs — stories you might have missed

Manufacturing roundup: Nourish Ingredients' precision fermentation milestone, MyNu Energy's investment from Melt Ventures, a refused Veolia licence, AusBiotech committee applications, UOW community batteries, a Gold Coast rail contract, and Premcar's South African launch.

2 deals

SXSW Sydney Live Day Two: Startmate hangovers, Abi the dancing robot, rolling coverage from ICC

SmartCompany's rolling coverage of SXSW Sydney day two, recording Polymath's pre-seed raise and Build Club's recent funding, the Equity Clear launch, Startmate's Demo Day, and women-founded startup pitches at Google's event.

Key hire

Welcoming Harikesh to the Partnership

Stoic Venture Capital has promoted Harikesh Pushpapathan into its partnership, with co-founder Guy Hedley crediting two years of work helping university researchers commercialise their science.

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

Fund close $6.8m

Pioneering VC fund Uniseed doubles its backers as five universities, including Monash, UTS and Macquarie, chip in

Uniseed adds Monash and a four-university NSW collaboration, lifting its third fund by $6.75 million to $56.75 million; the article recalls past portfolio sales to Novartis, Shire and Schneider Electric.

Grant $1m

Healthtech startup 23Strands is taking genomics mainstream to transform medicine

Profile of Sydney genomics startup 23Strands, covering its university and research collaborations, a $1 million grant, an NHMRC-backed project, and its 2020 UNSW Health10X accelerator background.

Funding announcement

IoT pioneer Morse Micro wins big from NSW government support for Tech Central

NSW government backing for Morse Micro's HaLow Wi-Fi expansion in Tech Central is still subject to a formal agreement, UTS plans a defence-compliant vault, and five scaleups are named as first recipients of accommodation rebates.

Exit / M&A

Making it to the top: supporting start-up innovation

CRDC profile celebrates FluroSat founder Anastasia Volkova topping The Australian's 100 Innovators list, recalling its startup workshop support since 2017 and FluroSat's acquisition of Dagan's soil modelling capability to form Regrow Ag.

Also AgFunderNews

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