Venture capital fund · 1 deal
Every published round Baobab 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 |
|---|---|---|---|---|---|---|
| Apate.ai | Accelerator | 5 Aug 2026 | $11.4m | Participant | ARN (ARNnet), SmartCompany, Startup Daily, Dealroom, TechCrunch Australia |
Companies Baobab 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 |
|---|---|---|---|---|
| Apate.ai | 5 Aug 2026, Accelerator | 1 | 0 |
Fund closes reported for Baobab Ventures, as distinct from the investments it has made.
Companies Baobab Ventures has backed that another company then bought. An exit for the holding, not a deal Baobab Ventures did.
Stories naming Baobab Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of the week's Australia and New Zealand raises: Gridsight, Pearler and Apate.AI secure the biggest cheques, Drumbeat and GonGlobal add smaller sums, and ten AI startups join Airwallex's Latitude 37 program.
Apate.AI, which deploys conversational AI to disrupt phone fraud, has banked $11.4 million in seed backing from Lobby Capital and others, with proceeds earmarked for overseas growth and a US re-incorporation.