Venture capital fund · 2 deals
Canberra, ACT
Every published round ANU Connect Ventures 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 |
|---|---|---|---|---|---|---|
| TrueLayer | Series D+ | 9 Apr 2021 | $70m | Participant | Australian FinTech (Mon 19 Jul 2021), Australian FinTech (Fri 9 Apr 2021) | |
| Liquid Instruments | Series A | 1 Feb 2019 | $12m | Participant | SmartCompany (Fri 21 Jun 2024), SmartCompany (Wed 19 Jun 2024), @AuManufacturing, SmartCompany (Tue 29 Jan 2019) |
Companies ANU Connect Ventures has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Liquid Instruments | 1 Feb 2019, Series A | 1 | 0 | |
| TrueLayer | 9 Apr 2021, Series D+ | 1 | 0 |
Fund closes reported for ANU Connect Ventures, as distinct from the investments it has made.
Companies ANU Connect Ventures has backed that another company then bought. An exit for the holding, not a deal ANU Connect Ventures did.
Stories naming ANU Connect Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
A directory of fifteen Canberra investors backing deep tech, noting ACTivate Capital's fund first close, several government-backed company raises, an incubator's alumni, and one portfolio acquisition.
The ACT Government has launched the ACTivate Capital venture fund, with an initial $23 million close and capacity for $50 million, to back Canberra startups and commercialise local research, led by fund manager Ken Kroeger.
University of Melbourne launches a $15m pre-seed fund with Breakthrough Victoria and a $100m fund run by Tanarra Capital for research commercialisation; the piece also recalls ANU's Instaclustr sale to NetApp.
US software company NetApp is buying Canberra data platform Instaclustr in a deal reportedly exceeding $500 million, nine years after its founding, rewarding early backers including ANU Connect Ventures and Bailador.
OIF Ventures republishes an AFR report on NetApp buying Canberra data-technology firm Instaclustr for a reported $500 million-plus, covering founder paydays and the fund's returns, including a 20-times outcome on its early backing.
UK open banking platform TrueLayer has raised a US$70 million Series D led by Addition, with existing backers joining, to fund global expansion and grow its engineering and commercial teams.
Also Australian FinTech
A profile of open banking API provider TrueLayer, covering its founding, backers, Australian leadership and expansion plans, with no new funding, hires or transactions announced.
Physics professor Daniel Shaddock's measurement-tech startup Liquid Instruments raised US$8.16 million led by Anzu Partners, with ANU Connect Ventures also investing, after earlier seed backing, to expand its Moku:Lab device globally.
Melbourne biotech Cryptopharma completed an $800,000 round from GBS Venture Partners, Uniseed and ANU Connect for its cystic fibrosis drug, and appointed Dr David Crump CEO, with Dr Paul MacLeman moving to the board.