Ledger.

Company

Ashurst

Coverage

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

2 deals

Sarah Thompson

Street Talk roundup: Tasman Capital's new fund reaches first close, EQT buys control of an NRL club, KKR eyes a Drifter exit, PAG dealmakers jump to Jardine Matheson, Colter Bay lands a debut loan.

Also AFR Technology·AFR Technology·AFR Technology·Dealroom

Venture debt $340m+

Major new player signs contracts for first big battery project as it aims for 6 GWh of storage by 2030

Ampyr has locked in bank debt above A$340m, a Zen Energy virtual offtake and Fluence as battery supplier for its first large battery in NSW, with a 6 GWh storage goal for 2030.

Unnamed stage $17m

Strong Room AI's administrators press ahead with sale amid court battle over $10 million

Strong Room AI, a Melbourne medicines-management startup, is in voluntary administration weeks after a February raise; investor EVP's court action froze assets while administrators seek a buyer and creditors meet on April 8.

11 deals

Eight Aussie startups that raised $36 million this week

Weekly roundup detailing new funding for eight local startups: home lending, document verification, farm water monitoring, alcoholic drinks, freight software, leaf protein, artist content sales and organic bedding, totalling over $36 million.

Also SmartCompany·SmartCompany

News

Alex Bank to give Keynote at 10th Annual FinTech Summit

Alex Bank founder Simon Beitz will deliver the opening keynote at October's FinTech Summit in Sydney; the piece recaps the neobank's licence, products and growth since launch.

6 deals

YOU DESERVE A RAISE: The week's major startup funding rounds

A weekly roundup reporting several Australian and New Zealand startup raises, including Circle In, Equiem, HealthChase, RateIt, Swoop Aero and Tell Me Baby, plus startup funding via Mars and Antler programs.

Seed $1.5m

Workplace parental support startup Circle In secures $1.5m seed investment

Circle In, a platform helping employers support employees through parental leave and working parenthood, has raised a $1.5 million seed round from Our Innovation Fund, with its founders and the fund's partner welcoming the partnership.

Also OIF Ventures portfolio·SmartCompany·Startup Daily

16 deals

Carbon Revolution among winners in $28 million round of defence innovation grants

Fifteen companies received defence innovation grants totalling $28 million through the Defence Innovation Hub, including Carbon Revolution for Chinook helicopter wheels; the Geelong firm also completed a convertible note raising in June.

Also @AuManufacturing

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