Venture capital fund · 4 deals
Investment and fund management for growth tech firms
Double Bay, NSW
Every published round Wunala Capital 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 |
|---|---|---|---|---|---|---|
| HEO | Series B | 21 Sep 2026 | $37m | Participant | Dynamic Business, This Week in Australian Startups, Space Connect, Forbes Australia (21 Sep 2026), Forbes Australia (21 Sep 2026), Beaten Zone Venture Partners portfolio | |
| DataMesh Group | Series A | 22 Feb 2023 | $30m | Participant | Startup Daily, Australian FinTech | |
| Send Payments | Series B | 2023 | $11.5m | Participant | Startup Daily, Business News Australia, Australian FinTech | |
| ALEX | Series C | Sep 2021 | $20m | Participant | Startup Daily (21 Dec 2022), Startup Daily (29 Jun 2022) |
Companies Wunala Capital has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| ALEX | Sep 2021, Series C | 1 | 0 | |
| DataMesh Group | 22 Feb 2023, Series A | 1 | 0 | |
| HEO | 21 Sep 2026, Series B | 1 | 0 | |
| Send Payments | Cross-border payments fintech | 2023, Series B | 1 | 0 |
Fund closes reported for Wunala Capital, as distinct from the investments it has made.
Companies Wunala Capital has backed that another company then bought. An exit for the holding, not a deal Wunala Capital did.
Stories naming Wunala Capital. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
MUFG's pensions arm has struck a binding agreement to acquire Grow Inc, a Sydney-founded superannuation administration startup whose shareholders — among them HESTA, Five V Capital and AirTree Ventures — must still approve the deal.
Also AFR Technology
Dispute resolution tech company Immediation entered voluntary administration, with FTI Consulting appointed and seeking recapitalisation or asset sale bids; the article recounts its funding history and leadership turmoil.
Sydney payments firm DataMesh Group has banked $30 million in Series A capital, with NAB Ventures at the helm and five newcomers joining; a $12 million pre-Series A from 2021 is also recalled.
Also Australian FinTech
Send Payments closed an oversubscribed $11.5m Series B with Shaw & Partners leading the raise and Regal, Ophir and Wunala as new investors, to fund European expansion and enterprise FX growth.
Techboard's monthly roundup logs June 2022 Australian funding events, including GO1's Series E, Edrolo's Series B, two acquisitions, several new funds reaching closes, and accelerator intake announcements.
Also Techboard