Every round, fund close and exit we can source, with the article it was reported in and what it actually said.
Tenacious Ventures reflects on a pitch that went badly while raising its first fund and lays out three investor types it tailors its story to as it raises its second.
Victoria's government is putting $260,000 into a joint medtech project pairing a university with a regional hospital, the first regional partnership funded under its program, to be run by the hospital within a year.
MYOB has taken full ownership of Sydney HR and payroll fintech Flare, converting its existing stake into a takeover, giving exits to venture backers who had invested over $50 million across several prior rounds.
Logistics software firm Transcount announces partnerships with e-signature provider Ondato and reseller United Arab Supply Chain, launches a free eDOC version, and passes the first stage of a grant evaluation.
Profile of Extracta, an Australian manufacturer turning farm waste into ingredients, noting $2.5 million in government grants via the Fight Food Waste CRC and partnerships with QUT, Macquarie University and Tamburlaine Wines.
US venture firm Prime Movers Lab has completed a US$500 million early growth fund aimed at growth-stage science startups, its third vehicle, lifting assets under management above US$1 billion.
BlackRock's real assets arm is buying New Zealand solar and storage firm SolarZero, with over NZ$100 million committed for growth, weeks after agreeing to acquire Melbourne battery developer Akaysha Energy.
MYOB has bought workplace financial services platform Flare for an undisclosed sum, building on a 2020 partnership and investment, as it moves beyond accounting to serve small businesses.
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Telstra Ventures has completed a third fund worth half a billion dollars, drawing on dozens of new and existing backers, with early cheques already written into fifteen companies including FTX and Forage.
Also Startup Daily·Techboard
Blackbird's investment note announces it led Excellent's pre-seed round, profiling the employee-experience design learning platform and its founders: Sam Gadd, formerly of Humankind and Kin, and Jenny, ex-Drumfit.
Also Startup Daily
Danish investors ALFA Ventures and 2 Degrees led a $3.5 million bridge round into Sydney agtech Lleaf, joined by UNSW and Cicada Innovations, ahead of a planned Series A.
Search technology firm Algolia has bought Sydney startup Search.io, formerly Sajari, and plans one API combining keyword and vector semantic search. Its founders and 2020 backer Tidal Ventures stand to gain.
Commentary piece explaining PrimaryMarkets' marketplace where private-company employees and shareholders can sell shares pre-IPO, with CEO Marcus Ritchie outlining the appeal and drawbacks of equity compensation.
Sydney clinical trials platform HealthMatch raised a $10 million Series C led by Folklore Ventures with Square Peg participating, after laying off half its staff in June; funds will support rehiring and US expansion.
Also SmartCompany·Techboard
Suzuki has taken an undisclosed strategic stake in Applied EV, an Australian developer of software-based vehicle control systems, to speed development work for future mobility applications.
Also Startup Daily·Techboard
Melbourne wearable diagnostics startup Nutromics raised US$14 million (A$20.5 million), led by Dexcom's venture arm with VU Venture Partners and Artesian, to fund clinical studies and expansion.
Spacecubed's Plus Eight Accelerator has named six startups advancing to its final phase, giving them access to a $500,000 seed funding pool and a Demo Night pitch at December's West Tech Fest.
UK animation company Plane Characters Productions announces seven new distribution channels and says it intends to raise its next round via equity crowdfunding on Seedrs, with further rounds planned for later years.
Wi-Fi chip startup Morse Micro has raised a $140 million Series B led by Japan's MegaChips with $100 million, with Blackbird and Main Sequence also investing, to secure manufacturing and grow in Japan.
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SmartCompany covers the launch of Women Changing The World Investments, a membership-based venture fund intending to back Australian women-led businesses; its size is undisclosed and no capital has been committed.
Victoria co-funds a feasibility study for a large magnesium plant using CSIRO's MagSonic process, commercialised by Magnium, which earlier raised $3.24 million and received Western Australian study funding.
Also Wholesale Investor
Amid the tech downturn, a roundup of five Australian companies that recently secured backing: Behaviol, LUMOS, Zipr, Envirma, plus OIF Ventures closing its third fund at $140 million.
Also SmartCompany·SmartCompany
Space software firm Saber Astronautics has received a US Air Force TACFI award of $540,000 to further develop its Space Cockpit space operations software, building on earlier support won in 2019.
Electric aircraft maker AMSL Aero closed a $23 million Series B with St Baker, IP Group, TelstraSuper and Hostplus as it commercialises its Vertiia aircraft, having earlier won a $3 million CRC Program grant.
Also RenewEconomy·Techboard·Startup Daily·Startup Daily·@AuManufacturing
OIF Ventures has closed its third fund at $140m, beating its original $100m target, with founder backers including Peter Lilley and Andrew Barnes; earlier trade sales underpin its strong returns.
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Clinical trials platform Evrima has secured $3 million in a round led by Artesian's Sydney arm, the first deal through its new Female Leaders VC Fund, with BridgeLane Capital and Wavemaker Partners taking part.
Australian biotech OccuRx secured $16 million co-led by Brandon BioCatalyst and Uniseed, including a CUREator grant, to advance its oral anti-fibrosis therapy into kidney disease trials; two executives also joined.
Sydney esports startup Behaviol, co-founded by cricketer Kumar Sangakkara, has raised seed capital to grow its metaverse cricket game, led by a Singapore investment firm with several individual sports and web3 backers joining.
Also SmartCompany·Techboard
Australian fintech OwnHome, backed by CommBank, has officially launched its deposit-gap homebuying service in Brisbane after a beta trial, with co-founder James Bowe announcing the expansion.
Tenacious Ventures opens its raise for a second agri-food tech fund targeting $70 million, and looks back at the hard, oversubscribed close of its first fund.
Business Insider profiles the late John McAfee, tracing his antivirus fortune, the 2010 Intel acquisition of his company, his later ventures, legal troubles, and 2021 death in Spain.
Ellume's Australian operations have entered voluntary administration, with FTI Consulting appointed administrators; the US business continues. The Brisbane diagnostics maker earlier raised $5 million and won a big US government supply contract.
Also Startup Daily
Walmart has bought a minority stake in Nebraska rancher-owned beef processor Sustainable Beef, joining its board and partnering to source Angus beef from the company's new processing plant opening by late 2024.
Payments sales leader Alexi Paxinos has been hired by Sydney fintech Shaype as Head of Business Development, with CEO Andrew Laycock welcoming him as the embedded finance platform accelerates growth.
Property investment firm PLMD Group previously collected £560,000 across two rounds and now aims to secure £1 million within a year via crowdfunding, targeting expanded assets under management in the build-to-rent sector.
Square Peg's retrospective of 2019: five new portfolio companies, several large rounds it led or co-led, two acquisitions, two IPOs, new team members, and its capital deployed across new and follow-on deals.
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Square Peg podcast episode with Athena Home Loans' founders Nathan and Michael on lessons from building the mortgage challenger, their earlier ventures iSelect and NABTrade, and its record raise from local backers.
Podcast episode where Vero's co-founder discusses bootstrapping, later raising venture capital, and how Startmate helped validate the messaging platform with customers.
A biomedical startup launched publicly at an entrepreneurship event, with its co-founder and chief executive describing antibiofilm technology targeting antimicrobial resistance, alongside mention of a prior grant and a raise.
Software company ConnectWise has acquired Wise-Sync, an Australian payment automation platform, with founder Paul MacNeill joining ConnectWise as General Manager, Payments.
Also ARN (ARNnet)·Techboard
Car subscription software firm Loopit hires Nima Idel to lead product growth, shortly after completing its first external capital raise of $3.6 million as it plans further expansion.
Carbon measurement startup NetNada has raised seed money from Skalata Ventures, which is shifting to rolling investments, and previously won a NSW government grant and completed UNSW and CSIRO programs.
Also Techboard
Blackbird profiles Black.ai chief executive Keaton Okkonen, covering his Startmate 2017 origins, the company's broadening industries, and its recent fundraise and team growth.
Bridging-loan lender Bridgit reports reaching a billion dollars in loan applications within a year of launching, driven largely by downsizers; the piece also recalls its equity raise and venture debt facility.
Sydney advertising tech company LUMOS has closed an oversubscribed pre-seed round backed by two capital firms, a syndicate and several angel investors, to expand its billboard backpack platform across Australia.
Also SmartCompany·Techboard
Brisbane digital healthcare company Midnight Health has raised a Series A from insurer nib, valuing it at $48 million, following an earlier investment, with funds going to technology, staff and new product launches.
Two manufacturers, Leakster and Voltin, are named the first winners of ARM Hub's SPRINTS AI accelerator, each receiving in-kind support after pitching to an industry and academic panel.
Coverage of Andrew Tate's deplatforming and his shift to Rumble, which then topped the app charts; the piece also notes the video platform's backers and its earlier stated plan to list on Nasdaq.