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.
Manufacturing Engineering Manager, REDARC · angel in 1 deal
| Role | Organisation | Sources |
|---|---|---|
| Manufacturing Engineering Manager | REDARC | @AuManufacturing |
Every published round Andrew Rogers 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.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Orkestra | Seed | Oct 2023 | $2m | Participant | Startup Daily (Thu 7 Nov 2024), SmartCompany, Startup Daily (Fri 20 Oct 2023), Rampersand portfolio, Tidal Ventures portfolio |
Companies Andrew Rogers has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Orkestra | Oct 2023, Seed | 1 | 0 |
Fund closes reported for Andrew Rogers, as distinct from the investments it has made.
Companies Andrew Rogers has backed that another company then bought. An exit for the holding, not a deal Andrew Rogers did.
Stories naming Andrew Rogers. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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.
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.
Redarc Electronics announced an Industry 4.0 project backed by a $399,770 Advanced Manufacturing Growth Centre grant, working with partners including Swinburne University, and expects up to 35 new jobs.