Ledger. Australian venture funding, tracked

Investor · 6 deals

Woolworths

Australian grocery retailer using electric truck delivery fleets

Sydney, NSW

Coverage

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

Key hire

Behavioural intelligence firm Flowing Bee appoints Jonny Hanratty as head of applied research

Melbourne behavioural-intelligence startup Flowing Bee hires Jonny Hanratty from The Lab to lead applied research and strategy amid rapid growth; named backers include Archangel Ventures, Antler and LaunchVic's Alice Anderson Fund.

Exit / M&A

Sia significantly expands Australian footprint with Seven Consulting deal

Global consultancy Sia has acquired Seven Consulting, an Australian business transformation firm, roughly quadrupling Sia's local headcount and adding major banking, government and retail clients.

Unnamed stage ≤€250m

Sia's Australian Gambit: Snags Seven Consulting in Push for AI Dominance

French consulting group Sia has bought Australian business transformation firm Seven Consulting, adding roughly 130 consultants and East Coast offices. The deal follows Sia's earlier acquisitions and Blackstone's minority investment earmarked for expansion.

Also consultancy.com.au

Exit / M&A

Sia accelerates its expansion in Australia with the acquisition of Seven Consulting

Consulting group Sia has bought Seven Consulting, an Australian transformation consultancy, adding Sydney and Melbourne offices, a Perth presence and major clients across banking, government and retail.

Also Dealroom·Dealroom·sevenconsulting.com·briefglance.com·melbourne-insider.au·cfotech.com.au·consultancy.com.au

2 deals

Creditors vote to put food waste startup Goterra in liquidation

Creditors have voted to wind up Canberra insect-protein startup Goterra after sale and recapitalisation efforts failed, with administrators reporting mounting losses and recoveries likely confined to their fees.

13 deals

Six Aussie startups that raised $197.4 million this week

Roundup of six Australian funding deals: AutoGrab, Applied EV, Checkbox, Hometime, Factory and On the House, with amounts, investors, and Hometime's past acquisitions and raise history detailed.

Also Startup Daily

3 deals

Checkbox raises $35 million Series A to scale AI legal platform

Australian legaltech firm Checkbox has raised a $35 million Series A led by Touring Capital to grow its AI platform for corporate legal teams, with four institutional backers joining.

Also Startup Daily·Forbes Australia·SmartCompany·Startup Daily

Exit / M&A

Did nobody say Menulog? Pioneering Australia food delivery service shuts after 19 years

Menulog, the Sydney-founded food delivery pioneer, shuts down this month under owner Just Eat Takeaway, recently acquired by Prosus; the article recalls its 2015 merger and sale and a string of failed delivery rivals.

Also Startup Daily

2 deals

💫 Ramplify: November Nattering

Rampersand's newsletter announces it led Keeyu's $2.3 million pre-seed round, alongside portfolio updates from Quantum Brilliance, Cuttable, Hatch and Goterra, plus job listings and reflections on domain founders and Australian venture capital.

Also Rampersand·quantumwire.com·Startup Daily·Startup Daily·semiconductorindustrymonthly.com

3 deals

Breakthrough Victoria lures Sydney proteins startup Harvest B south in $3.5million pre-Series A

Harvest B, a Sydney-based protein maker, raised a $3.5 million pre-Series A with Mandalay Venture Partners leading and Breakthrough Victoria contributing $2 million, alongside a $2.2 million federal grant and a 2021 seed round.

5 deals

Three Aussie startups that raised $11.4 million this week

Weekly roundup tallying three Australian raises: legal tech firm Plexus ($6m), cattle-probiotics startup Bovotica ($3.4m seed), and beauty group York St Brands ($2m Series C plus a $4m NAB credit line).

9 deals

Seven ANZ startups that raised $42.8 million this week

Weekly roundup of seven Australian and New Zealand raises totalling $42.8 million, spanning property-investment AI, workforce credentialing, allied-health practice software, conversation analytics, maths learning games, copper processing and holiday-park bookings.

10 deals

Seven Aussie startups that raised $155.5 million this week

Weekly roundup covering seven Australian companies' fresh capital: EV charging, satellite IoT, sovereign cloud, wearables, workplace messaging, plus two crowdfunding raises on Birchal.

Also Startup Daily·Startup Daily·@AuManufacturing·@AuManufacturing

Funding announcement

Smart50 alumni Cashrewards acquires Little Birdie

Cashrewards has bought Little Birdie, the deals startup backed by Commonwealth Bank that went quiet in May; the piece also recalls Cashrewards' 2017 Smart50 nod, 2020 ASX float, and later takeover by 1835i Ventures.

Also Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily

3 deals

Three Aussie startups that raised $9.7 million this week

Weekly roundup of three Australian raises: adtech firm Cuttable's seed round, Fundabl's equity round and SeenCulture's funding, naming investors, plus new Cuttable co-CEOs and a board appointment.

2 deals

An AI guru? Startup luminary Sam Kroonenburg raises $5.5 million for new startup Cuttable

AI ad startup Cuttable, co-founded by Sam Kroonenburg, Jack White and Ed Ring, raised $5.5m in a seed round led by Square Peg with Rampersand aboard; Kroonenburg earlier sold A Cloud Guru to Pluralsight.

6 deals

Four Aussie startups that raised $123.6 million this week

Weekly roundup of four Australian raises: HammerTech $105m led by Riverwood Capital, JigSpace $13m led by Breakthrough Victoria, ExoFlare's $5.3m seed, and Go Locum's $350,000 seed led by Paspalis.

2 deals

Biosecurity threats software startup plants $5.3 million Seed round

ExoFlare, cofounded by ex-Data61 chief Adrian Turner, has banked $5.3 million in seed funding led by Salus Ventures to help food producers manage biosecurity risks.

Also SmartCompany

3 deals

‘Game changer’: Samsara Eco raises $100 million for infinite recycling of plastics

Australian plastics recycler Samsara Eco secured a Temasek-led Series A+ of $100 million to scale enzyme-based infinite recycling, with Southeast Asian facilities planned, adding to its 2022 Series A.

Also TechCrunch Australia·SmartCompany·@AuManufacturing·Techboard·SmartCompany·@AuManufacturing·@AuManufacturing·@AuManufacturing

2 deals

Samsara Eco is working to replace plastic packaging with fossil fuel-free alternatives

Australian enzymatic plastics recycler Samsara Eco raised a large all-equity round led jointly by Temasek and Main Sequence, with Lululemon among other backers, funding new recycling facilities and team growth.

Also SmartCompany·Startup Daily·Forbes Australia·SmartCompany·SmartCompany·SmartCompany·SmartCompany·@AuManufacturing·Forbes Australia·@AuManufacturing·Forbes Australia·Forbes Australia

19 deals

Nine Aussie startups that raised $38.3 million this week

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

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