Venture capital fund · 7 deals
Singapore
Every published round Aera VC took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Aera VC has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Fable Food | Mushroom protein crafted from upcycled shiitake mushroom stems | 11 Aug 2021, Seed | 2 | 0 |
| Fable Food Co | 12 Aug 2021, Seed | 2 | 0 | |
| Gridsight | Apr 2025, Series A | 3 | 0 |
Fund closes reported for Aera VC, as distinct from the investments it has made.
Companies Aera VC has backed that another company then bought. An exit for the holding, not a deal Aera VC did.
| Name | Role | Sources |
|---|---|---|
| Derek Handley | Founding Partner | Jelix Ventures, Startup Daily (Tue 22 Feb 2022), Startup Daily (Thu 12 Aug 2021), Startup Daily (Thu 12 Aug 2021) |
| Alex Andre de la Porte | Representative | Startup Daily |
Stories naming Aera VC. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of the week's Australia and New Zealand raises: Gridsight, Pearler and Apate.AI secure the biggest cheques, Drumbeat and GonGlobal add smaller sums, and ten AI startups join Airwallex's Latitude 37 program.
Gridsight, whose platform maps electricity grid capacity for utilities in real time, has raised a $26 million Series B round with Insight Partners leading, to fund its push into the US market.
Also thesaasnews.com
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
Jelix's note sets out its reasons for backing Aera, a fintech helping first-home buyers save deposits, and profiles the founding team; the round was led by Icehouse Ventures with Jelix participating.
Mushroom-based meat alternative maker Fable Food Co has raised a Series A to fund US and UK expansion, with its founder arguing fungi products beat soy and pea protein rivals on taste, price and health.
Australian mushroom-based meat maker Fable Food raised an $8.5 million Series A led by K3, with returning and new backers, to fund product development and expansion into North America, the UK and Singapore.
Also AgFunderNews·AgFunderNews
Ignition Lane's weekly technology roundup: climate-tech funding activity, Grok's bid for AGL, King River Capital's digital asset fund, a batch of Australian startup raises, Maropost acquisitions, GigSuper's collapse and a National AI Centre appointment.
Also Startup Daily
Singapore-based climate tech investor Aera VC has held the first close of its new fund and launched a blockchain-focused DAO, with several already-backed portfolio companies named.
Roundup of manufacturing briefs: Fable Foods raises seed funding for mushroom-based meat, Nufarm wins US FDA recognition, Alexium commercialises BioCool, Archer patents its quantum chip in Asia, and Cann Group ends its Emyria collaboration.
Roundup of recent raises: a New Zealand legaltech Series A, plant-based meat seed funding with a celebrity chef tie-in, hospitality software capital, and battery materials funding, plus board additions.
Also TechCrunch Venture·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·TechCrunch Venture·Startup Daily
Aera VC co-founder Derek Handley explains why the firm joined Fable Food Co's seed round, citing the Brisbane shiitake-mushroom meat alternative startup's retail traction, low-carbon product and experienced founding team.
Also Startup Daily·AgFunderNews·SmartCompany·Startup Daily·Techboard·SmartCompany·Startup Daily·AgFunderNews
Sydney mushroom-based meat alternative maker Fable Food raised A$6.5 million in a Blackbird Ventures-led seed round to fund US expansion and R&D, and appointed Dan Joyce as chief growth officer.
Also TechCrunch Venture