Corporate / CVC · 4 deals
Every published round Bupa 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, and a place in one of its own programs is under Cohorts.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| XFrame | Accelerator | 11 Dec 2023 | $47k | Participant | Taronga Ventures (Thu 24 Sep 2026), Taronga Ventures (Mon 21 Sep 2026), Startup Daily | |
| Terra | Accelerator | 11 May 2023 | $1.5m | Lead | SmartCompany, AgFunderNews | |
| Cassava Bags | Grant | 2022 | $390k | Lead | Startup Daily, SmartCompany | |
| George Health | Unnamed stage | 7 Mar 2020 | $53m | Participant | Brandon BioCatalyst portfolio, Brandon Capital portfolio, Federation portfolio |
Everyone Bupa has named to a program in published coverage. A place in a program is not a raise: the cheque is the figure recorded with the place, which is the program's standard terms where we hold them, and a blank is one we don't.
| Member | Program | Announced | Cheque | Sources |
|---|---|---|---|---|
| Cassava Bags | eco-Disruptive | 2022 | $596k | Startup Daily (Mon 12 Feb 2024), Startup Daily (Fri 11 Aug 2023) |
Companies Bupa has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| George Health | 7 Mar 2020 | 1 | 0 | |
| Cassava Bags | 2022, Grant | 2 | 2 | |
| Terra | 11 May 2023, Accelerator | 1 | 1 | |
| XFrame | 11 Dec 2023, Accelerator | 1 | 0 |
Fund closes reported for Bupa, as distinct from the investments it has made.
Companies Bupa has backed that another company then bought. An exit for the holding, not a deal Bupa did.
| Name | Role | Sources |
|---|---|---|
| Danielle Handley | Chief Customer and Transformation Officer | Startup Daily, Forbes Australia, SmartCompany |
| John Moore | Head of Innovation (former) | SmartCompany |
| Katie Duxbury | Head of Payroll Services | Australian FinTech |
| Nick Stone | CEO | Startup Daily |
| Roger Sharp | Chief Sustainability Officer | Startup Daily (Mon 11 Dec 2023), Startup Daily (Fri 11 Aug 2023) |
Stories naming Bupa. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
AFR cybersecurity topic page rounding up recent stories: Origin Energy's data breach investigation, Point Wild's planned ASX float, AI models hacking companies, and a CyberCX–Monash University cybersecurity degree partnership.
Vively, founded by triathlete Tim Veron after reversing his pre-diabetes, raised $1.6 million seed funding led by Archangel Ventures with Bupa Ventures, and has partnered with Bupa to make continuous glucose monitoring more affordable.
Funding roundup covering six Australian-linked startups: Superpower's US$30m Series A, WeMoney's $12m Series A plus debt facility, InsightWise's $1m pre-seed, and Bupa's first venture investments in three health startups.
Weekly roundup covering seven Australian companies' fresh capital: EV charging, satellite IoT, sovereign cloud, wearables, workplace messaging, plus two crowdfunding raises on Birchal.
Also Startup Daily·Startup Daily·@AuManufacturing·@AuManufacturing
Australian insurtech momentum examined: Honey Insurance's Series A and Cover Genius's raise led Q2 2024 funding, while an Airtree partner argues incumbents have left insurance open to technology-driven challengers.
Also SmartCompany
Australian startups Diraq, Marqo, and Hatch secured funding rounds. Ansarada was acquired by Datasite. Bupa launched a new venture fund, and the Queensland government backed several VCs and accelerators.
Health insurer Bupa has rolled out a $20 million corporate venture vehicle, Bupa Ventures, for early-stage health startups in Australia; the article also recalls Cassava Bags winning Bupa's eco-Disruptive prize and equity crowdfunding.
Bupa's eco-Disruptive program funds six Australian and New Zealand sustainability startups to pilot health and planet solutions; past winner Cassava Bags now supplies the insurer with its biodegradable bags.
Roundup of eight Australian startups that together raised $75.6 million across two weeks, spanning health, batteries, EV fleets, edtech and equity crowdfunding campaigns.
Also The Mandarin·SmartCompany·Techboard·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Forbes Australia
Sydney startup Cassava Bags Australia won Bupa's 2023 eco-Disruptive award for water-soluble cassava bags, having earlier received over $350,000 via Bupa's 2022 program, while a Birchal crowdfunding round remains only an intention.
Also Startup Daily
Techboard's September 2022 roundup reports Australian raises led by Morse Micro's $140m Series B, several acquisitions including ResApp Health to Pfizer, fund closes by Telstra Ventures, OIF and Main Sequence, and open raises.
Legal automation firm Josef banks $5.2 million in a round OIF Ventures led, with Carthona, Flying Fox, Jelix and Saniel participating, adding US and UK law firms as clients.
Also SmartCompany
UK pay-access fintech Wagestream, formed from Sydney's Earnd, secured a A$236 million Series C — equity led by Smash Capital with Silicon Valley Bank debt — to expand beyond Britain, including across Australia.
Zetaris has banked a $30 million raise at a valuation topping $110 million, with Exto Partners leading and several co-investors; the company earlier won Ingram Micro's 2019 Comet Competition, worth up to $1.5 million.
Also ARN (ARNnet)·ARN (ARNnet)
Coterie Capital announces it acted as financial advisor to Simple on Simple's acquisition of Automaton, combining the marketing operations businesses; Automaton founder Darin Lloyd comments and client brands are listed.
Blackbird presents its seven new investment associates, profiling their varied backgrounds across elite sport, science, banking, consulting and startups, plus prior roles at firms including Sprint Ventures, NZ Growth Capital Partners and AustralianSuper.
Startupbootcamp Australia announces ten fintech startups from seven countries joining its 2021 accelerator cohort, focused on financial health and wellbeing, building on seventeen companies previously accelerated that collectively raised nearly $30 million.
The Fertility Partners closed roughly CAD$90 million to build a Canada-wide IVF clinic network, led by HEAL Partners; the article also recalls Dental Corporation's past sales to Bupa and L Catterton.
Melbourne marketing operations software company IntelligenceBank has raised US$37 million, about A$50 million, from US investor Five Elms Capital to speed growth, product development and international expansion.
Sydney corporate learning startup Elenta raised a $1 million oversubscribed seed round backed by Antler, Black Nova Group and private investors, six months after launching through Antler's accelerator.
Also Startup Daily
The George Institute's commercial arm and its drug development company have secured $53 million from three Australian investors to speed commercialisation of medical research, with Brandon Capital's Ingmar Wahlqvist involved.
Pencil is the only Australian company among ten startups chosen for Startupbootcamp's fintech accelerator, picked from nearly 900 applications; the program runs June to August with corporate backing.
Startupbootcamp Australia is opening a Melbourne fintech accelerator on financial health, supported by NAB, Bupa, Deloitte and technology partners, with applications open until April alongside its existing smart energy program.
AFR healthcare and fitness section roundup: Early Bird raised $2 million led by Hyper Ventures; Resmed sold MatrixCare; Radiopharm seeks $16 million; plus Mayne Pharma, Healthscope, Sigma and policy stories.
Also SmartCompany