Venture capital fund · 10 deals
Sydney, NSW
Every published round Alium Capital 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 Alium Capital has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Academy Xi | Jun 2017, Series A | 3 | 2 | |
| Beforepay | 13 Jan 2021 | 1 | 1 | |
| DesignCrowd | 2 Feb 2021 | 1 | 0 | |
| Quantum Brilliance | 10 Dec 2024, Series A | 2 | 0 | |
| Verrency | 11 Jun 2019, Series A | 1 | 0 | |
| WithYouWithMe | 6 Aug 2019 | 1 | 1 | |
| York Street Brands | 24 Apr 2023, Series B | 1 | 1 |
Fund closes reported for Alium Capital, as distinct from the investments it has made.
Companies Alium Capital has backed that another company then bought. An exit for the holding, not a deal Alium Capital did.
| Name | Role | Sources |
|---|---|---|
| Rajeev Gupta | Partner | Crunchbase News, Alium Capital team page |
Stories naming Alium Capital. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Furniture brand Koala has secured $20 million ahead of its ASX debut at a $305 million valuation, while early backers including cofounder Mitch Taylor sold down some of their stakes.
Koala heads to the Australian bourse with a float mixing fresh equity and shareholder sell-downs, while a Test cricketer's decade-old six-figure backing of the furniture startup draws the spotlight.
Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·AFR Technology
York Street Brands raised $2 million from iPartners and took a $4 million NAB trade facility to launch its third brand Bouf, having formed through the 2023 merger of tbh Skincare and Boost Lab.
Also SmartCompany
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.
Australian skincare brands Boost Lab and tbh Skincare merge into York Street Brands alongside a $5 million Series B led by Alium Capital, with founders taking executive roles. BWX's administration is also noted.
Also SmartCompany
Sydney courier firm Drive Yello and cafe ordering app Hey You have combined as 4You Innovation, aiming to raise funds next year; the piece also recalls past raises and recent collapses among delivery startups.
Also Startup Daily
Ignition Lane's weekly tech roundup covering fresh Australian startup raises, new venture funds and closes, a wave of acquisitions, delistings and a liquidation, executive moves, and Canva's product launch.
Also Centerstone Capital portfolio·Startup Daily·SmartCompany·6clicks.com·ARN (ARNnet)·Centerstone Capital portfolio·Techboard·Startup Daily
Beforepay's shares plunged 44% in its ASX debut, erasing the $35 million IPO raise and much of its $158.4 million listing value; the article recalls earlier raises backed by James Spenceley and Alium Capital.
Edtech company Academy Xi has collected $14 million in total, adding $4.4 million from new and returning backers to support growth via acquisitions and partnerships.
Pocket money app Spriggy has secured a $35 million Series B, led by NAB's venture arm alongside Perennial and returning backer Grok, to fund growth including tripling headcount.
Also Startup Daily
Weekly roundup covering ANZ trade sales including A Cloud Guru's multibillion-dollar sale, several Australian raises, Tenacious Ventures' agritech fund close, Xero and Cochlear appointments, and global deals such as Etsy buying Depop.
Also SmartCompany
Daily roundup reporting Databricks' billion-dollar Series G, Robinhood's emergency raise during the trading saga, DesignCrowd's $10 million pre-IPO funding, Xinja's wind-up vote, and record Australian venture capital in 2020.
Also Startup Daily
Australian design marketplace DesignCrowd raised 7.7 million dollars from five investors to fund product development and US expansion, with a possible future listing flagged.
Also TechCrunch Venture·SmartCompany·Startup Daily·Cut Through Venture
Weekly newsletter rounds up venture news: multiple Australian and regional VC fund closes, startup raises including Brighte and Judo, acquisitions of eNett and Sine, neobank collapses, and new revenue-based lenders.
Also Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Australian FinTech·Australian FinTech·TechCrunch Venture
A welding technology developer has returned to the ASX through a backdoor listing, raising seven million dollars and reaching a market capitalisation near twenty-nine million, with two fund managers among backers.
An Australian workforce-training startup has raised five million dollars from local backers including Perennial Value and Alium Capital to develop products and expand into the United States, according to a republished Financial Review report.
Gut health biotech Microba has raised $10 million in its Series B round, backed by Thorney Investments, Perennial Value and Alium Capital, following Macrogen's separate $4.1 million investment announced the prior week.
Melbourne payments fintech Verrency has raised a $10 million Series A led by Alium Capital and private investors, bringing total funding to $20 million, with a Series B planned later this year.
Also Australian FinTech
Cashrewards raised a $5.2 million Series A led by Alium Capital Management, its first equity funding after earlier debt, and plans an ASX listing in 2020.
Education technology company Academy Xi raised a Series B round led by three investors, will expand into Asia-Pacific from Singapore, and appointed a new board chair.
Daily venture briefing rounding up fresh startup funding rounds, two venture fund closes, the BitTorrent and Flipgrid acquisitions, departures from Social Capital, a Khosla hire and other technology news.