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.

4373
Rounds
2664
Startups
4504
Investors
Key

Person Invested in this round Raised it Closed a fund Mentioned

Amount confirmed Amount is an estimate

Wed 23 Apr 2025 1 entry
Tue 22 Apr 2025 7 entries
3 deals

Square Peg-backed cleaning products startup Zero Co is shutting down

Cleaning products maker Zero Co, backed by Square Peg and crowdfunded via Birchal, is closing down solvent and will hand leftover funds to shareholders after failing to find a workable path forward.

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

Mon 21 Apr 2025 1 entry
Thu 17 Apr 2025 4 entries
Funding announcement

The Australian investors betting big on fusion – the “holy grail” of nuclear tech

Feature on Australian capital moving into fusion energy: super fund Hostplus backs Commonwealth Fusion Systems, Foxglove Capital's Matt Bungey backs Type One, and startup HB11 Energy pursues laser proton-boron fusion locally.

3 deals

Seer Medical saved by $40 million rescue deal from global investors, Breakthrough Victoria

Administrators confirmed a $40 million deal in which Cadwell Industries, TrialCap and Breakthrough Victoria take equity, rescuing Seer Medical from administration; the article also recalls its funding history and 2024 product recall.

Also Startup Daily·Startup Daily·SmartCompany

Exit / M&A

Key takeaways

Podcast episode in which Farm Health Guardian's chief executive recounts combining his livestock biosecurity business with a complementary rival, covering the decision process and the opportunities the combination created.

Wed 16 Apr 2025 2 entries
Tue 15 Apr 2025 3 entries
Mon 14 Apr 2025 2 entries
Fri 11 Apr 2025 3 entries
Pre-seed $1m

AI consulting platform banks $1 million pre-Seed round

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

Thu 10 Apr 2025 2 entries
2 deals

It's taken 12 months, but solar power startup Raygen Resources finally bagged another $75 million for its Series D

Solar storage firm RayGen has wrapped up a $127 million Series D a year after it began, with SLB leading and Breakthrough Victoria, ARENA and energy companies among the backers.

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

Wed 9 Apr 2025 5 entries
Fund close $1.5m

Gen Z VC fund NextGen Ventures scores Blackbird cofounders as investors in $2.5 million fund build

Student-run venture fund NextGen Ventures has locked in $1.5 million toward a $2.5 million target, backed by Blackbird's cofounders, Airtree and angel investors, and has already invested in AI startup Fluency.

2 deals

Woolies is getting into telehealth with a $6 million Series A

Woolworths, via its Healthylife arm, led telehealth firm Hola Health's $6m Series A at a $70m valuation, with M8 Ventures and FundWA backing; the Perth company raised $4.5m a year earlier.

Unnamed stage

Manufacturing news briefs — stories you might have missed

Manufacturing roundup: Nourish Ingredients' precision fermentation milestone, MyNu Energy's investment from Melt Ventures, a refused Veolia licence, AusBiotech committee applications, UOW community batteries, a Gold Coast rail contract, and Premcar's South African launch.

2 deals

Quantum Brilliance Raises $20M to Scale Diamond Quantum Tech

Diamond quantum hardware maker Quantum Brilliance raised $20 million in Series A funding from Main Sequence, In-Q-Tel and Australian government investors, and won a German agency contract for a mobile quantum computer.

Tue 8 Apr 2025 9 entries
2 deals

DeteQt clutches $750,000 pre-seed raise for 'diamond-on-silicon' approach to quantum

Quantum sensing startup DeteQt, spun out of the University of Sydney, has raised $750,000 in pre-seed funding from Main Sequence and Austin's ATP Fund, and holds a $3 million defence contract.

Fund close $25m

Athletes' venture firm raises first fund | Private Equity Media

Athletic Ventures, started by former athletes, has closed its debut fund at $25 million, with about 100 sports stars and several veteran venture figures backing it as limited partners.

Series A $7.5m

Gridsight lands $7.5 million to help modernise the grid

Gridsight, a Sydney energy software startup, has banked $7.5 million in Series A capital, with Airtree Ventures leading and Pat Cummins among the backers, to grow its grid analytics platform.

Also energytransitionventures.com·Startup Daily·Startup Daily·SmartCompany

Mon 7 Apr 2025 2 entries
Fri 4 Apr 2025 5 entries
2 deals

After investing $10.4 million, EVP claims StrongRoom AI's CEO and cofounder admitted to fraud with fake revenue numbers

EVP alleges StrongRoom AI's CEO admitted fabricated revenue and debt figures after the Sydney VC invested $10.4m in a $17m raise; the Melbourne startup is now in administration with assets frozen.

6 deals

Two Aussie startups that raised $26 million this week

Roundup of two Australian raises: a quantum security company's government-led $20m round and a retail analytics startup's US seed round backing its American push.

Also Startup Daily·SmartCompany

Grant

Aussie company Diraq to support DARPA Quantum Benchmarking Initiative

Quantum processor maker Diraq has won a US defence agency contract for the first stage of a quantum benchmarking program, leading a consortium with Emergence Quantum, Riverlane, Global Foundries and Imec.

Also Startup Daily

Wed 2 Apr 2025 2 entries
Unnamed stage $17m

Strong Room AI's administrators press ahead with sale amid court battle over $10 million

Strong Room AI, a Melbourne medicines-management startup, is in voluntary administration weeks after a February raise; investor EVP's court action froze assets while administrators seek a buyer and creditors meet on April 8.

Tue 1 Apr 2025 2 entries
2 deals

‘The investor’s role is to build, not to destroy’: StrongRoom AI’s Seed backer takes aim at EVP amid pending legal battle over $10.4 million

Tyson & Blake, which seeded StrongRoom AI, threatens legal action against EVP, which is suing to recover its $10.4 million after the Melbourne medtech entered administration.

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