Company
Melbourne, VIC
Every investor coverage indicates participated in a round Australian Open raised.
Companies Australian Open acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Australian Open. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Advisers warn that ATO audits and years-later repayment demands are destabilising firms claiming the R&D tax incentive, citing BindiMaps' administration and sale, as the government prepares to overhaul the scheme from 2028.
BindiMaps has exited administration with fresh owners set to broaden its commercial focus; the piece recalls earlier Artesian backing and a $1 million NSW government grant.
Tennis Australia's venture arm AO Ventures has reached a first close on its new sports, media and health tech fund with about $49 million committed by local and international backers.
Karta, an Australian gift-card platform, has struck a US deal with Visa, having earlier raised a pre-seed round above $21 million, most of it from Commonwealth Bank.
Profile of BindiMaps, a Sydney accessibility wayfinding app founded in 2017, covering its SheStarts grant origins, early funding, customers across Australia and overseas, and expansion plans.
Envirotech startup Samsara has raised $6 million from Main Sequence, W23 and the CEFC to build a recycling plant and grow its enzyme-based plastics technology team.
Techstars is launching a sportstech accelerator in Melbourne with LaunchVic, Tennis Australia and Victoria University, based at Melbourne Park, taking ten startups annually from 2020, with applications opening in September.