Seven ANZ startups that raised $93.1 million this week
Roundup of seven trans-Tasman raises worth $93.1m this week, headlined by IND Technology's $50m round, with LawVu also acquiring ClauseBase.
Startup · $48.5m raised
Every investor coverage indicates participated in a round AMP raised.
| Investor | Rounds | Invested |
|---|---|---|
| OneVentues | Unnamed stage | - |
| OneVentures | Unnamed stage | - |
| Openspace Ventures | Unnamed stage · Series A | - |
Every published round AMP 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 AMP has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for AMP, as distinct from the investments it has made.
Companies AMP has backed that another company then bought. An exit for the holding, not a deal AMP did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of AMP is recorded as having been acquired. | ||||
Companies AMP acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Back In Stock | Acquisition | 11 Mar 2025 | - | SmartCompany (Fri 14 Mar 2025), Startup Daily, Capital Brief, SmartCompany (Tue 11 Mar 2025) |
Stories naming AMP. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of seven trans-Tasman raises worth $93.1m this week, headlined by IND Technology's $50m round, with LawVu also acquiring ClauseBase.
Weekly roundup of eight Australian startup raises, led by Sonder's $40 million round, plus AMP's $20 million raise and acquisition of the Shopify app Back in Stock.
Also Startup Daily·Defence Connect·SmartCompany·Startup Daily·Startup Daily·Defence Connect·Forbes Australia
E-commerce software firm AMP raised $20 million from Openspace Ventures and OneVentures and bought Back in Stock, a Shopify restocking app, adding its 25,000 customers; its 2023 Series A was $29.5 million.
Superannuation data platform Nuj has secured a $2 million seed round led by Mimecast cofounder Peter Bauer within a $4 million debt-and-equity package, to grow its compliance offering.
Global Sisters' Sister Pitch event with Dentsu steered $1m-plus to a dozen Australian ventures led by women; GTAB Parfum, Soni Health and Chocolate On Purpose were standouts, and Google.org funded a 2023 pilot.
A quarterly venture funding report shows Australian startups collected $739 million across 77 deals in Q3 2023, trailing earlier periods; SafetyCulture and Lyre's Spirit Co drew the largest rounds while female founders' share improved.
Also TechCrunch Venture·SmartCompany·Capital Brief·Startup Daily·AgFunderNews·AgFunderNews
Enterprise software firm Capsifi has received an $11 million growth investment from the Australian Business Growth Fund, its first for 2022, to fund international expansion, with the fund's earlier backing of two other startups also recalled.
Also SmartCompany·@AuManufacturing·SmartCompany·Techboard·Startup Daily
Square Peg explains its rationale for leading Athena's Series B, joined by Hostplus and Airtree, with analysis of the Australian mortgage market, the challenger lender's model, and its founding and senior team.
Also SmartCompany·SmartCompany·Startup Daily·Startup Daily·Crunchbase News
Insight Partners and AirTree have added NZ$20 million to LawVu's Series A, lifting the New Zealand legal software firm's total funding, with Insight's large recent cheques into SafetyCulture and Octopus Deploy also noted.
Insight Partners led a NZ$17 million series A into New Zealand legal tech firm LawVu, with AirTree Ventures returning; the article also recalls Insight's recent backing of Employment Hero, SafetyCulture and Octopus Deploy.
Sandon Capital's founder criticises Treasury's proposed proxy adviser reforms as protecting underperforming directors, and cites voting data arguing shareholder revolts are rare despite claims of an unruly advisory industry.
Australian advice platform Lumiant announced several team appointments across communications, customer success and product, following an earlier capital raise of over $1 million run through Equitise.
Data analytics firm smrtr secured A$2.5 million from Stockland, an existing client and earlier backer whose 2020 investment accompanied smrtr's merger with Greater Data, with funds earmarked for expanding data commercialisation and industry coverage.
Ignition Advice appoints Russell Scrimshaw as deputy chairman and non-executive director, adds two business development hires, and recalls its 2020 Series B raise with Morgan Stanley Wealth Management.
Ignition Advice hired Robert Coulter as APAC business development director while expanding globally after its 2020 Series B raise backed by Morgan Stanley.
SendGold has appointed Maria Loyez, formerly a marketing executive at Volt Bank, SocietyOne and OFX, as Chief Customer Experience Advisor ahead of its global launch.
ASX-listed software vendor Flamingo Ai, unable to raise capital, has sold its assets to Rymamay Investments, with founder Catriona Wallace departing and CEO Olivier Cauderlier moving to the buyer.
VR property startup Inspace XR raised $750,000 led by Investible, with Artesian, Taronga Group and Sydney Angels participating; founders Justin Liang and Eric Fear credit Liang's venture capital background.
Also Startup Daily