Ledger.

Australian venture funding, tracked

Every round, fund close and exit we can source, with the article it was reported in and what it actually said.

4409
Rounds
2677
Startups
4536
Investors
Key

Person Invested in this round Raised it Closed a fund Mentioned

Amount confirmed Amount is an estimate

Mon 30 May 2022 2 entries
Fri 27 May 2022 2 entries
Pre-seed

Investment Notes: Medoo

AfterWork Ventures explains why it led coaching-software startup Medoo's pre-seed round, profiling its two founders' operating backgrounds and arguing workplace trends will drive adoption of coaching tools.

Also Afterwork Ventures portfolio

Thu 26 May 2022 3 entries
Series B $20m

Our investment in Neara

OIF Ventures' note explains its decision to back Neara's A$20 million Series B alongside Skip Capital and Square Peg, describing the infrastructure-modelling startup's technology, utility customers and growth.

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

Wed 25 May 2022 2 entries
Tue 24 May 2022 4 entries
2 deals

Agriculture carbon reduction startup Regrow Ag plants $50 million Series B

Agtech carbon platform Regrow Ag, founded by Dr Anastasia Volkova, has closed a Series B led by Galvanize Climate Solutions with prior backers returning, to expand regenerative agriculture programs for food companies.

Also AgFunderNews·SmartCompany·Startup Daily·AgFunderNews·Forbes Australia

Grant $2.5m

ARENA-backed energy retailer goes into administration as price surge causes havoc

Pool-focused electricity retailer Pooled Energy has entered administration amid soaring wholesale power costs, with administrators appointed. The article recalls its 2018 ARENA grant and notes Weston Energy lost its gas retail licence.

Also RenewEconomy

Mon 23 May 2022 4 entries
5 deals

Ignition Lane's Wrap: the state of Cloud, VC advice, Tiger stripes, cattle class crypto, M&A fires up

Weekly tech wrap: cloud-market trends, Tiger Global's cheques into Stake, Shippit and Carma, new VC funds, several acquisitions, grocery delivery startups Send and Quicko collapsing, and Elaine Stead joining M8 Ventures.

Also Startup Daily

Sun 22 May 2022 2 entries
3 deals

Hear how Zero Co’s Mike Smith, Unhedged’s Saksia Albers and Her Black Book’s Julie Stevanja build revenue for their startups and think about raising

Startup Daily promotes its Money Milestones panel with SAP Concur, featuring founders of Zero Co, Unhedged and Her Black Book discussing revenue building and fundraising, recalling several earlier raises.

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

Fri 20 May 2022 1 entry
Thu 19 May 2022 2 entries
4 deals

Calix – another firm getting election-time grants for numerous of its projects

Calix received four government funding injections in one week: grants for low-emissions lime, lithium refining and carbon capture projects with Adbri, Pilbara Minerals and Boral, plus an R&D tax incentive refund, totalling $66.19 million.

Also @AuManufacturing·@AuManufacturing·@AuManufacturing

Wed 18 May 2022 5 entries
Exit / M&A

Fortescue Group announces major leadership reshuffle

Fortescue announces leadership changes: Andrew Forrest becomes Executive Chairman as Elizabeth Gaines steps down, Mark Hutchinson to lead FFI, plus new appointments including Guy Debelle as CFO and board director Li Yifei.

4 deals

Manufacturing news briefs – stories you might have missed

Roundup of manufacturing news: federal grants for four NSW manufacturers, a Victorian plastics recycling investment, Southern Launch's new Adelaide headquarters, AusBiotech's call for speakers, and Queensland grant applications opening.

Also @AuManufacturing

2 deals

Australian medical device company secures additional $12.5m to advance its breast cancer imaging system towards clinical trials

Perth medtech OncoRes Medical announced $12.5 million: a $9.5 million Series A2 co-led by Brandon Capital and Australian Unity, plus a $3 million government grant, and hired a new R&D vice president.

Also Brandon Capital portfolio·Brandon BioCatalyst portfolio·Brandon Capital portfolio·Brandon Capital portfolio·Brandon BioCatalyst portfolio·Startup News (WA)

Tue 17 May 2022 8 entries
2 deals

A Cloud Guru founder Sam Kroonenburg signs on as a partner in SecondQuarter Ventures

A Cloud Guru co-founder Sam Kroonenburg joins SecondQuarter Ventures as venture partner as it closes $100 million for fund two; the piece also recalls A Cloud Guru's sale to Pluralsight and Moxiwork buying ActivePipe.

Also Techboard·Startup Daily

Series B $35m

Breakthrough Aussie AI software firm banks $35m

Clear Dynamics has closed a $35m Series B led by existing backers OIF Ventures and Colinton Capital Partners, with new family office and private investment, to fund international expansion of its AI enterprise software.

Also OIF Ventures portfolio·Centerstone Capital portfolio·Startup Daily

Mon 16 May 2022 5 entries
Fri 13 May 2022 3 entries
Series A US$29m

Volopay strengthens its leadership team with the hire of Nirvikar Jain

Volopay appoints Nirvikar Jain as Global Business Officer to drive its Australian expansion, and the piece recalls the company's US$29 million Series A backed by JAM Fund, Winklevoss Capital, Rapyd Ventures and others.

Also Australian FinTech

Thu 12 May 2022 5 entries
2 deals

South Australian zinc mine to be converted into Australia’s first compressed air facility for renewable energy storage

ARENA grants Hydrostor $6 million for Australia's first compressed air energy storage project at a disused South Australian zinc mine, which also received $3 million from the South Australian Government's Renewable Technology Fund.

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