Ledger.

Startup · $27.1m raised · Healthcare · Robotics

Andromeda

Personalised robot companions for aged care and assisted living

Melbourne, VIC

Coverage

Stories naming Andromeda. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

7 deals

Blackbird nails 2nd $1 billion fund

Blackbird has locked in a second billion-dollar fund — its sixth, slightly bigger than the last — bringing in new institutional backers, and the article recalls portfolio wins, writedowns and failures.

2 deals

Galileo Ventures reaches first close on its second fund

Artesian writes that Galileo Ventures' second fund has closed $15 million of a $30 million target, counting Artesian and Innovation Victoria among its backers, and has made a first investment in Fluent BCI.

Also Galileo Ventures portfolio·Dealroom·Startup Daily·Startup Daily·Startup Daily·Dealroom

2 deals

The New Industrial Revolution Emerges: Year in Review and What's Next in 2026

Galileo Ventures' annual letter looks back on 2025: a partner hire, raises at Relevance AI, Andromeda and Tixel, a 25th investment in Isaacus, and Breakthrough Victoria as cornerstone backer of Fund II.

Also SmartCompany·Women's Agenda·Forbes Australia·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup News (WA)·SmartCompany

News

Yield by Artesian: Aligning Capital, Capability and Innovation for Australia’s Agrifood Future

Artesian's write-up of its first Yield summit in Melbourne, where agrifood leaders discussed AI, biologicals, robotics, agri-energy and biosecurity, and how RDCs, investors and corporates can together speed Australian agricultural innovation.

Funding announcement

Startmate CEO Michael Batko calls time after 8 years, Phoebe Pincus takes the helm

Startmate chief Michael Batko departs following an eight-year stint; COO Phoebe Pincus steps up. The piece credits his tenure for the accelerator's growth, returns and alumni, and notes his exits from two side ventures.

Exit / M&A

Startmate CEO Michael Batko steps down after eight years, COO Phoebe Pincus takes top spot

Long-serving Startmate chief Michael Batko departs the accelerator's top job, with operations lead Phoebe Pincus promoted to CEO; the piece also recalls two side ventures Batko previously exited.

Funding announcement

Breakthrough Victoria is slinging another $75 million at local VC funds

Victoria's Breakthrough Victoria has committed $75m to five specialist VC funds covering climate tech, life sciences, female founders and healthcare, each pledging a quarter of its capital to local startups.

Funding announcement

BREAKTHROUGH VICTORIA INVESTS $75 MILLION IN VENTURE CAPITAL FUNDS TO BUILD VICTORIA'S INNOVATION ECOSYSTEM

Breakthrough Victoria is putting $75 million into five venture capital funds, including Virescent, SYNthesis BioVentures, Scale and Galileo, each of which has pledged a quarter of its capital to Victorian startups.

10 deals

Cheque-in: 19 ANZ startups that raised $69 million this week

Weekly roundup covering 19 Australian and New Zealand raises, headlined by Andromeda Robotics' $23m Series A, plus Freckle, Marloo, X-Hemp, Harvest B, Wable, Starboard and Techstars Sydney's 12-startup cohort.

Also SmartCompany

9 deals

19 ANZ startups that raised $66.7 million this week

Also SmartCompany·Startup Daily

13 deals

Meet the Aussies on the 2025 Forbes 30 Under 30 Asia list

6 deals

Neural Notes: Australia’s AI year in review

Year-in-review column on Australian AI in 2024: five startup raises, Canva buying Leonardo.ai, new government AI regulation and a parliamentary inquiry, the Cosmos AI trial backlash, and a national AI capability plan.

Also SmartCompany

2 deals

SXSW Sydney Live Day Two: Startmate hangovers, Abi the dancing robot, rolling coverage from ICC

SmartCompany's rolling coverage of SXSW Sydney day two, recording Polymath's pre-seed raise and Build Club's recent funding, the Equity Clear launch, Startmate's Demo Day, and women-founded startup pitches at Google's event.

19 deals

Nine Aussie startups that raised $38.3 million this week

Roundup of nine local startups that together banked a combined $38m-plus this week, spanning precision instruments, proptech, adtech, robotics, food, energy storage and AI, with several earlier raises recalled.

Also Australian FinTech·Startup Daily·SmartCompany·AgFunderNews

5 deals

Neural Notes: Dragonfly Thinking’s next steps after inaugural AI Sprint victory

Profile of Dragonfly Thinking after its win in Australia's first AI Sprint, covering its $300,000 support prize, accelerator experience and product plans, plus brief AI news including raises by TrueState and Andromeda Robotics.

Also SmartCompany·The Mandarin·SmartCompany·SmartCompany

2 deals

Andromeda Robotics raises $3 million seed round to scale humanoid robot Abi

Andromeda Robotics secured $3 million in seed funding from Purpose Ventures, which led the deal, to grow its aged-care companion robot Abi; Galileo Ventures provided an earlier pre-seed in 2023.

Also Women's Agenda·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Forbes Australia·Women's Agenda·Startup Daily·SmartCompany·Forbes Australia

9 deals

Seven Aussie startups that raised $93.6 million this week

Seven Australian startups together banked over $90 million in the past seven days across venue software, hydrogen aviation, social media, craft brewing, plastics alternatives, aged-care robotics and accountant training.

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

32 deals

FUNDED July 2022 Anniversary Edition

Techboard's anniversary roundup catalogues a month of Australian startup funding: megadeals, three acquisitions, large debt deals, grants, accelerator intakes, and fund news including Archangel Ventures' committed capital.

Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·Forbes Australia·Business News Australia

17 deals

CTV Funding News - July 2022

Cut Through Venture's August update rounds up July 2022 Australian startup funding, listing raises from Mx51 to WeMoney, Startmate's newest cohort of twelve, and the beta launch of its investor search tool.

Also Techboard

Funding announcement

Startmate's Winter cohort is backing a majority of female founders for the first time

Startmate's Winter '22 intake of 12 Australian and New Zealand startups is its first cohort with a majority of women founders, each receiving a set investment; the piece also notes a principal leaving for AWS.

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