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.

4446
Rounds
2705
Startups
4561
Investors
Key

Person Invested in this round Raised it Closed a fund Mentioned

Amount confirmed Amount is an estimate

Tue 30 May 2023 8 entries
Series A $9.1m

Qflow raises $9.1M to track construction receipts, making it easier to de-carbonize

Construction materials tracking startup Qflow closed a Series A led by Systemiq Capital to grow in the US and Australia; the piece recalls earlier seed backing and lists construction industry customers.

Grant

Rockburst Technologies to develop Moon mining technologies

A Canadian mining technology firm is setting up an Adelaide office, backed by South Australian government program funding, to adapt its rock-fracturing process for lunar mining alongside local research partners.

Mon 29 May 2023 5 entries
2 deals

Manufacturing news briefs – stories you might have missed

Manufacturing news roundup: Fleet Space's oversubscribed Series C, a grant-backed 3D printing research project, an agreed brand acquisition, equipment orders, a cargo drone first flight and industry awards.

Unnamed stage $6.5m

Acorn Capital Invests $6.5 million into Complexica, Pushing Total Funds Raised Past $31 Million

Venture investor Acorn Capital's $6.5 million investment in AI software vendor Complexica lifts outside backing past $31 million since 2021, adding the fund manager to an institutional shareholder register.

Also Startup Daily

Fri 26 May 2023 10 entries
Exit / M&A

Sun Cable: Cannon-Brookes wins battle for world's biggest solar and battery project

A Grok Ventures-led consortium with Quinbrook has agreed to acquire Sun Cable out of administration, reviving plans to ship solar power to Singapore, after Andrew Forrest's side stayed out of the final bidding.

4 deals

“Mighty sun, wind and water:” New partner and funds for green hydrogen mega project

Queensland's CQ-H2 hydrogen hub advances with $117 million in new funding from ARENA, the state government and consortium partners, while Singapore's Keppel joins the consortium to pursue a Gladstone ammonia facility with Incitec Pivot.

8 deals

Five startups that raised $109.8 million this week

Weekly roundup of five startup raises: Fleet Space's Series C, Checkmate's Series A, Adventus's new round, Endua's hydrogen funding and Servicely's raise, with investors named.

Also Forbes Australia

Grant $22m

Frigate combat system work to be done in Australia

Three defence contractors and Defence signed an agreement to integrate Navy combat systems locally, while Saab's Adelaide expansion, supported by a $22 million federal manufacturing grant, was also reported.

Thu 25 May 2023 7 entries
2 deals

Harnessing the power of your mind

Profile of Mindset Health's founder brothers and their hypnotherapy apps, covering a fresh $18m Series A and earlier backing from Startmate and James Beshara.

Also Alberts Impact Ventures portfolio·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Crunchbase News

12 deals

The Week in AgriFoodTech: Pluton Biosciences bags $16.5m, Babylon Micro-Farms secures funds, José Andrés launches climate institute

Weekly agrifoodtech roundup reporting funding rounds for Pluton Biosciences, FLINTpro, eFishery and others, a first close by Big Idea Ventures' fund, Wicked Kitchen's acquisition of Current Foods, plus partnerships and launches.

Also AgFunderNews·AgFunderNews

Exit / M&A

Milkrun is back from the dead after Woolworths brand acquisition

Woolworths has bought the collapsed grocery delivery brand Milkrun and will rebrand its Metro60 service under the name, while other food delivery startups including Voly, Providoor, SEND and CoLab have also shut or been acquired.

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

Wed 24 May 2023 8 entries
2 deals

Melbourne community group looking for home after winning funds for inner city battery

A Melbourne community energy group won a federal grant for a Richmond battery, with its site still undecided, and the piece recalls its earlier Victorian-funded Fitzroy North installation.

Also RenewEconomy

Funding announcement

Nineteen groundbreaking biotech projects selected for national incubator

CUREator, the national biotech incubator operated by Brandon BioCatalyst, selects 19 projects for its second funding round worth $12 million, and a $50 million MRFF award will add a MedTech stream.

2 deals

Fleet Space Technologies raises another $50m - Bondi Partners

Bondi Partners reposts The Australian's coverage of Fleet Space Technologies' $50m Series C round, which Blackbird Ventures led and Bondi joined, valuing the Adelaide-based nanosatellite maker above $350m.

Also Blackbird Ventures portfolio·Startup Daily·@AuManufacturing·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Techboard·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·@AuManufacturing·@AuManufacturing·@AuManufacturing·Forbes Australia·satcom.digital·Space Connect·Space Connect·TechCrunch Venture·TechCrunch Venture

Funding announcement

FUNDED April 2023

Techboard's monthly roundup counts 40 Australian startup raises worth $498m in April 2023, headlined by Saluda Medical and Eucalyptus, plus smaller rounds and fund closes by Purpose Ventures and Proto Axiom.

Tue 23 May 2023 6 entries
4 deals

Melt Ventures launches $10 million climate tech fund, but isn’t interested in software

Melt Ventures has closed a $10 million fund for hardware-focused climate tech and named its first investments, including Endua's $11.8 million pre-seed round backed by Melt, Main Sequence, QIC, 77 Partners and Ampol.

Also @AuManufacturing·SmartCompany·Startup Daily·Startup Daily·@AuManufacturing·mgathermal.com

2 deals

Hydrogen energy company Endua raises $11.8 million

Hydrogen storage startup Endua has raised $7.5 million from QIC, Melt Ventures and 77 Partners to scale its modular hydrogen power banks for microgrid and standalone power markets.

Also @AuManufacturing·@AuManufacturing·Techboard·@AuManufacturing

Mon 22 May 2023 3 entries
Unnamed stage $30m+

EBR Systems meets endpoints early in pivotal SOLVE-CRT trial: paves way for FDA approval application and commercialisation

Cardiac pacing company EBR Systems says its SOLVE-CRT trial hit its safety and efficacy goals early, keeping a 2024 US approval bid on course; the article also recalls its 2021 ASX listing.

Also Brandon BioCatalyst portfolio

2 deals

Australian clean tech Endua fixes renewable energy's intermittency problem

Australian hydrogen startup Endua raised AU$11.8 million from QIC, Melt Ventures, 77 Partners, Main Sequence and Ampol to scale modular hydrogen power banks that store surplus renewable electricity for later use.

Also SmartCompany·SmartCompany·@AuManufacturing

Fri 19 May 2023 3 entries
Grant $6.5m

Manufacturing news briefs – stories you might have missed

Manufacturing roundup covering Nufarm's half-year profit rise, a $6.5m federal grant for Australian Strategic Materials, SciDev's $9.5m contract win, DroneShield's final order payment, and new government industry strategy and technology list updates.

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