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Broadcom

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

2 deals

US defence invests $73 million in Diraq with another $357m on the table

Sydney quantum startup Diraq has received an initial US$51 million from DARPA after reaching the final stage of its quantum benchmarking program, with more funding possible; the National Reconstruction Fund earlier invested $20m.

Also Forbes Australia·Forbes Australia·This Week in Australian Startups

3 deals

Morse Micro raises $88 million for long-range Wi-Fi chips

Sydney chipmaker Morse Micro has banked an $88 million Series C led by Japan's MegaChips, with the national reconstruction fund and several existing backers also participating; funds will drive growth and future chip development.

Also Startup Daily·builtinsydney.au·semiiphub.com·Forbes Australia·morsemicro.com·Forbes Australia·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Forbes Australia·smallbizai.au

2 deals

Q2 2024 Global Fund Newsletter

Defender AM's quarterly letter reports the Defender Global Fund's Q2 2024 performance, a fresh Lyka Pet Food raise at a higher valuation, and the fund's profitable part-sale of its Lyka holding.

Also Defender AM portfolio

Funding announcement

Q1 2024 Global Fund Newsletter

Defender's fund letter reports a 2% quarterly return, discusses listed trades including a semiconductor ETF position, and revisits its Series A investment in Australian pet-food maker Lyka Pet Food.

3 deals

Morse Micro tops up Series B with another $30 million from super funds

Wi-Fi HaLow chip maker Morse Micro raised a further $30 million for its Series B from Australian superannuation funds, lifting the round to $170 million; its earlier seed and Series A raises are also recapped.

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

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