Ledger.

Government · 2 deals

Austrade

Sydney, NSW

Coverage

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

Funding announcement

Improving laboratory management and patient outcomes – Q-Sera announces first product launch of its RAPClotTM rapid serum blood collection tube technology in Japan

Q-Sera's rapid-clotting blood tube technology has gone to market in Japan via Terumo's VenoJect II launch; the Melbourne startup's backers include MRCF, Uniseed and the UniQuest Extension Fund.

2 deals

Bootstrapped Queensland rising star The Laundry Lady bags $1 million Seed round for global ambitions

The Laundry Lady, a Sunshine Coast laundry services startup, has raised $1m from Karl Jacoby, angel groups and Queensland government programs, ending 13 years without outside capital as it eyes Canada and the UK.

Seed $1m

Smart50 star The Laundry Lady raises $1 million to fuel global expansion

Karl Jacoby led a $1m seed round for mobile laundry startup The Laundry Lady, joined by angel groups and government programs, to bankroll its push into Canadian and British markets and further TimeBoss development.

Also Startup Daily·SmartCompany

3 deals

Seer Medical saved by $40 million rescue deal from global investors, Breakthrough Victoria

Administrators confirmed a $40 million deal in which Cadwell Industries, TrialCap and Breakthrough Victoria take equity, rescuing Seer Medical from administration; the article also recalls its funding history and 2024 product recall.

Also Startup Daily·Startup Daily·SmartCompany

Funding announcement

Nine things startups need to know about the 2024-25 federal budget

Budget-day rundown for Australian startups: a quantum computing co-investment, a green manufacturing fund, AI centre money, offshore landing pads and small business measures, while most sector wishlists went unmet.

12 deals

Seven ANZ startups that raised $27.4 million this week

Weekly roundup of seven trans-Tasman raises totalling $27.4 million, headlined by Xefco's $10.5 million round, plus Hometime board appointments and Matrak's China expansion.

Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily

Series A $2.9m

Construction startup lands $2.9 million Series A for China push

Melbourne construction-tech firm Matrak has raised a $2.9 million Series A led by Singapore's G&M Capital, with Our Innovation Fund and Simon Yencken aboard, funding expansion into China and a new Suzhou office.

Also SmartCompany·@AuManufacturing

2 deals

AI-based eye disease detection startup raises $18 million from US investors

Melbourne AI eye-screening firm Eyetelligence secured US$12 million from Ascertain, the New York healthcare investor's first international deal, and will relaunch in the US under the Optain brand.

Also SmartCompany·Forbes Australia

3 deals

How to raise capital in a recession, according to a founder who’s bagged $74.9 million so far

Secure Code Warrior's CEO advises Australian founders on raising capital in a recession, citing his company's Series B and recent funding rounds by Canva, Preezie and Openpay.

Also Blackbird Ventures portfolio·Startup Daily·ARN (ARNnet)·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Women's Agenda·Startup News (WA)·Women's Agenda·ARN (ARNnet)·TechCrunch Venture·TechCrunch Venture·Startup Daily

Unnamed stage $1.5m

EvokeAg 2020: Sparks as meat and plant protein share same stage

Conference report from Melbourne where plant-based and conventional protein advocates debated. Fable Foods' funding round closed, and Michael Fox's earlier shoe startup Shoes of Prey is recalled as collapsed.

Unnamed stage $141m

THE FINNIES: Here are the best fintech businesses in Australia

Afterpay, Airwallex and Up Bank took major prizes at the 2019 Finnie awards in Melbourne; Airwallex's $141 million raise won biggest raise and Liberty's purchase of MoneyPlace took deal of the year.

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