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.

4429
Rounds
2692
Startups
4550
Investors
Key

Person Invested in this round Raised it Closed a fund Mentioned

Amount confirmed Amount is an estimate

Mon 30 Oct 2023 7 entries
Funding announcement

Here are the five amazing startups to emerge from UNSW's Climate 10x accelerator program

Five climate startups from UNSW Founders' Climate 10x accelerator shared $580,000 backed by Virescent Ventures and UNSW, presented at the 10x Demo Day featuring 25 ventures across several founder programs.

2 deals

Manufacturing news briefs – stories you might have missed

Roundup of Australian manufacturing items: DroneShield's Ukraine orders, CEO appointments at Bridgewest Perth Pharma and Sentinel Boats, SPC's community capital raise, LBT's underwritten raising, a university defence consortium, wine grants and new facilities.

3 deals

Queensland researchers launch quantum startup AQC with $3 million boost

Tom Stace and Arkady Federov launch AQC, a Queensland venture making miniature superconducting components for quantum computers, with Uniseed investing $3 million; the piece also recaps Australia's quantum funding momentum.

Also SmartCompany·SmartCompany

Funding announcement

Rosebank begins regional support for F-35 Program at Bayswater depot

Rosebank Engineering has started operating its Melbourne F-35 component repair depot, backed by a $2.26m federal grant, serving Indo-Pacific fleets; the business sits in ASDAM Group, which CPE Capital mostly owns.

Sun 29 Oct 2023 2 entries
Grant $5.7m

Vanadium flow batteries stake a claim for round the clock storage for renewables

Feature on flow batteries using vanadium for around-the-clock renewable storage: Invinity's Port Pirie unit is commissioning, ARENA's 2020 backing is recalled, Australian Vanadium expects to supply electrolyte, and Horizon plans a WA trial.

Fri 27 Oct 2023 2 entries
14 deals

Ten Aussie startups that raised $39 million this week

Roundup of ten Australian startup raises totalling $38.8 million, topped by Heidi Health's Series A, also recording an Outstaffer executive appointment and the earlier sale of CarAdvice to Nine.

Also SmartCompany·Startup Daily

3 deals

Legaltech platform Immediation calls in administrators after raising millions

Legaltech dispute-resolution platform Immediation has appointed FTI Consulting administrators after earlier raising $3.75m, $5m and $2.8m; its roughly eight employees and four contractors face an uncertain future.

Also Startup Daily

Thu 26 Oct 2023 6 entries
2 deals

Medtech Heidi Health raises $10 million Series A

Heidi Health, whose AI tool trims paperwork for family doctors, has banked a $10 million Series A round led by returning backer Blackbird, with co-investors including Hostplus and Hesta.

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

12 deals

The Week in AgriFoodTech: URB-E pivots to last-mile delivery, GoodBytz bags $12m, a new fund for regen ag

Weekly agrifoodtech roundup: raises for Overstory, FarmInsect, GoodBytz and others; Ever.Ag buys Austin Data Labs; grants for Wadhwani AI and Notpla; SLM and Impact Ag roll out a carbon fund; URB-E rebrands.

Also AgFunderNews

Wed 25 Oct 2023 6 entries
2 deals

HR and outsourcing startup Outstaffer lands $1.5 million in first raise

Outstaffer, a Victorian HR tech platform, has secured $1.5 million from outside investors in a round co-led by its chief operating officer, funding product development and a planned US expansion.

Also SmartCompany

4 deals

Manufacturing news briefs – stories you might have missed

Manufacturing briefs roundup: WA government commits $5m to space facility Fugro SpAARC; Starpharma and Micro-X receive R&D tax refunds; Bulla licenses Violet Crumble for ice cream; SCEE wins $50m in contracts.

Series A $10m

Blackbird backs Heidi Health’s AI platform for overworked doctors

Melbourne healthtech firm Heidi Health has pulled in A$10 million Series A capital, headed by Blackbird Ventures, to grow its AI scribe that lightens clinicians' documentation workload.

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

Tue 24 Oct 2023 6 entries
4 deals

Burgers and acquisitions: All G Foods spins out plant-based meats in merger with Fenn Foods

All G Foods spins its Love Buds plant-based range into a merger with Fenn Foods' vEEF, forming a new entity; All G pivots to fermented dairy, with both companies' earlier raises recapped.

Mon 23 Oct 2023 7 entries
Seed $1m

Investible backs manufacturing software startup Factory.app's $1 million Seed round

Sydney software firm Factory.app has banked a $1.05 million seed round, Investible leading alongside angel and venture backers, to digitalise manufacturing workflows for small fabricators before expanding overseas.

Also SmartCompany

7 deals

Asian VC Sequoia India selects two Australian startups for its accelerator after rebrand and split from US

Peak XV, the former Sequoia India, has picked Relevance AI and Mercu for the ninth Surge cohort, while recalling earlier Australian investments including HealthEngine, Checkbox, Nugit and the collapsed delivery firm Voly.

2 deals

Series F News: Employment Hero raises $263 million to take its mission global

Blog announcement of Employment Hero's 263 million Australian dollar Series F, with TCV leading and Insight Partners, AirTree, Seek and OneVentures also participating; the post also unveils the Hero Foundation.

Also Tech Funding News - Australia·SmartCompany·Startup Daily·TechCrunch·Techboard·SmartCompany·Startup Daily·Forbes Australia·Forbes Australia·employmenthero.com·TechCrunch

3 deals

Series F News: Employment Hero raises $263 million to take its mission global

Press release announcing Employment Hero's A$263 million Series F led by TCV, with earlier backers participating, a valuation just under $2 billion, AI-focused global expansion plans, and a look back at the KeyPay acquisition.

Also Tech Funding News - Australia·SmartCompany·Startup Daily·TechCrunch·Techboard·SmartCompany·Startup Daily·Forbes Australia·Forbes Australia·employmenthero.com·TechCrunch

Fri 20 Oct 2023 5 entries
2 deals

Re-Seeded: Tidal backs renewables startup Orkestra again in new $2 million raise

Melbourne renewables software firm Orkestra has secured $2 million in a follow-up seed round led again by Tidal Ventures, alongside Rampersand, Impact Ventures, Luxem and four climate tech investors, with a Series A next.

Also SmartCompany·Startup Daily

9 deals

Eight Aussie startups that raised $433 million this week

Roundup of eight Australian startup raises totalling $433m, topped by Employment Hero's $263m Series F and Skykraft's $120m round; Darwinium, Konvoy Kegs, The Martec and three Birchal crowdfunds complete the week.

Also AgFunderNews

Exit / M&A

Aussie-born fintech Airwallex signs definitive agreement to acquire Mexico payments company MexPago

Payments platform Airwallex has agreed to buy Mexican payment provider MexPago, pending regulatory approval, and named six new leaders at its San Francisco hub amid rapid Americas growth.

Also Australian FinTech·Australian FinTech

Thu 19 Oct 2023 7 entries
Wed 18 Oct 2023 2 entries
5 deals

From zero to Employment Hero

Sydney HR-and-payroll firm Employment Hero announced a TCV-led Series F reaching unicorn valuation; the profile covers its products, remote workforce and global ambitions, citing rival raises.

Also Tech Funding News - Australia·SmartCompany·Startup Daily·TechCrunch·Techboard·SmartCompany·Startup Daily·Forbes Australia·Forbes Australia·employmenthero.com·employmenthero.com

3 deals

Three Aussie entrepreneurs to watch

Profiles three founders: Kismet's Mark Woodland ($4m pre-seed for disability-services software), Forage's Tom Brumskill and Pasha Rayan (job-simulation platform, Series A and B), and Diolog's Amy Benson (self-funded investor-communications startup planning a seed round).

Also Blackbird Ventures portfolio·Startup Daily

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