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.
Investor · 5 deals
Every published round Wollemi Capital Group 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 Wollemi Capital Group has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Alt. Leather | Bio-based leather alternatives for fashion and automotive | 29 Jan 2024, Seed | 1 | 1 |
| Harrison AI | healthcare AI company | Feb 2025, Series C | 1 | 0 |
| InsightWise | AI startup taking corporate consultancy into the digital age | 10 Apr 2025, Pre-seed | 1 | 0 |
| Syenta | Chip packaging startup developing Localized Electrochemical Manufacturing for advanced se… | Aug 2025, Seed | 1 | 0 |
| Puralink | Autonomous pipe-inspection robots | 18 Sep 2025, Pre-seed | 1 | 0 |
Fund closes reported for Wollemi Capital Group, as distinct from the investments it has made.
Companies Wollemi Capital Group has backed that another company then bought. An exit for the holding, not a deal Wollemi Capital Group did.
Stories naming Wollemi Capital Group. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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.
Roundup of five Australian raises totalling $85 million: National Renewable Network's Series A, plus Syenta, Cuttable, SprintSuite and Bitwise Agronomy, with lead investors and expansion plans for each.
ANU spin-out Syenta has secured $8.8 million to commercialise its chip-packaging technology, with Investible leading; the piece recalls its 2022 seed round and selection for Applied Materials' ASTRA accelerator.
Also Forbes Australia·SmartCompany·SmartCompany·SmartCompany·Startup Daily
Tracxn figures show Australian tech funding reached $1.8 billion by mid-2025, powered by large late-stage rounds at Protecht, Airwallex, Harrison AI and Advancell, while seed and early-stage raising fell away sharply.
Funding roundup covering six Australian-linked startups: Superpower's US$30m Series A, WeMoney's $12m Series A plus debt facility, InsightWise's $1m pre-seed, and Bupa's first venture investments in three health startups.
InsightWise, an AI platform for consultants, raised a $1 million pre-seed round led by Aliavia Ventures and No Brand Holdings, with Wollemi Capital and FB10x taking part, to fund product development and US expansion.
Also SmartCompany
Tennis Australia's venture arm AO Ventures has reached a first close on its new sports, media and health tech fund with about $49 million committed by local and international backers.
Agtech investor Tenacious Ventures reached an $18 million first close on its second fund, which has a $50 million target; backers include Trawalla Group, Wollemi Capital Group and Macdoch Ventures.
Also Forbes Australia
Roundup of five Australian startups that secured new capital this week: Amber Electric's $29m Series C, ProcurePro's $6.15m, Yume's $2m seed, Alt.Leather's $1.1m seed, plus an undisclosed Tenacious Ventures investment in Nbryo.
Melbourne biomaterials startup Alt. Leather closed a $1.1 million seed round, oversubscribed past its $750,000 target, with backing from Startmate, Wollemi Capital Group, the Alice Anderson Fund, The Austin Group and angels.
Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily
Profile of ALIAVIA, the venture fund Marisa Warren and Kate Vale started to back women founders across Australia and the US, its Australian backers, and its portfolio companies Eugene, Loupe, HowToo and Othelia AI.
Profile of ALIAVIA, the venture fund Marisa Warren and Kate Vale run from California to back women founders across Australian and US markets; also covers its backers, early investments, and Warren's ELEVACAO program.
Female-led VC ALIAVIA has closed a US$8.7 million fund, backed by Robyn Denholm, Carol Schwartz, Cynthia Scott, Tattarang and Dom Pym, to invest in female-founded startups across Australia and the US.
ALIAVIA Ventures has closed its debut fund at A$13.5 million. The US-based firm backs female founders bridging Australian and US markets; backers include Carol Schwartz, Tattarang, the Denholms, Euphemia, Dom Pym and Cynthia Scott.