Startup · $6.2m raised
Every investor coverage indicates participated in a round Wellnex Life raised.
| Investor | Rounds | Invested |
|---|---|---|
| Homart Pharmaceuticals | Venture debt | $3,000,000 |
Every published round Wellnex Life 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.
Companies Wellnex Life has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Wellnex Life, as distinct from the investments it has made.
Companies Wellnex Life has backed that another company then bought. An exit for the holding, not a deal Wellnex Life did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Wellnex Life is recorded as having been acquired. | ||||
Companies Wellnex Life acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Mr. Bright | Acquisition | 14 Dec 2022 | $1.5m | @AuManufacturing, Techboard |
| Name | Role | Sources |
|---|---|---|
| George Karafotias | CEO | @AuManufacturing |
| George Tambassis | Non-executive Chair | @AuManufacturing |
Stories naming Wellnex Life. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of Australian manufacturing updates: Sparc Hydrogen's R&D tax refund, executive appointments at Lockheed Martin Australia, Wellnex Life and Raytheon, a ReNu Energy power purchase deal, and BlueScope joining a low-carbon research centre.
Manufacturing roundup: IDT Australia and Genetic Signatures announce capital raisings; Memphasys and Genetic Signatures appoint new chief executives; NIOA opens a US office; DefendTex holds acquisition talks with Brazil's Avibras; a cobotics PhD ends.
Roundup covering manufacturing placements by Sparc Technologies and Aurora Labs, Wellnex's planned London listing, an autonomous navy boat trial, a workplace fine, a software degree launch and AusBiotech's next CEO.
Manufacturing news roundup: Fleet Space's oversubscribed Series C, a grant-backed 3D printing research project, an agreed brand acquisition, equipment orders, a cargo drone first flight and industry awards.
Roundup of manufacturing news: Hino picks SEA Electric drivetrains, a hydrogen grant for Nyrstar's Port Pirie plans, Imagion's funding facility, K-TIG's raise, and Quantum Brilliance's CEO change.
Roundup of manufacturing news: Fortescue's ammonia locomotive trial, Nova Eye's US regulatory delay, Wellnex completing its Mr Bright acquisition, ClearVue's research tax payment, and a photonic chip breakthrough.
Techboard's monthly roundup tallies October 2022 startup funding at $661m across 99 deals, listing megadeals such as Airwallex, acquisitions, Square Peg's $861m fund close and government grants to program operators.
Also @AuManufacturing
A manufacturing roundup covering a China milk powder supply deal, a methane emissions incentive, a nasal spray distribution agreement, a university space course, a government tax refund, and two companies' fresh capital raises.
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.