Government
Sydney, NSW
Every published round City of Sydney 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.
Companies City of Sydney has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for City of Sydney, as distinct from the investments it has made.
Companies City of Sydney has backed that another company then bought. An exit for the holding, not a deal City of Sydney did.
| Name | Role | Sources |
|---|---|---|
| Clover Moore | Lord Mayor | Startup Daily (Fri 21 Jun 2024), Startup Daily (Tue 25 Feb 2020) |
Stories naming City of Sydney. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Creditors have voted to wind up Canberra insect-protein startup Goterra after sale and recapitalisation efforts failed, with administrators reporting mounting losses and recoveries likely confined to their fees.
Rampersand's newsletter announces it led Keeyu's $2.3 million pre-seed round, alongside portfolio updates from Quantum Brilliance, Cuttable, Hatch and Goterra, plus job listings and reflections on domain founders and Australian venture capital.
Also Rampersand·quantumwire.com·Startup Daily·Startup Daily·semiconductorindustrymonthly.com
A Greenhouse report argues Australia's climate funding problem is deployment rather than capital, citing case studies including NRN's recent $67.2 million raise and blended finance models from Investible and Wedgetail.
The NSW government's $2.8 million grant program will add 549 kerbside charging points across 22 council areas, with EVX supplying 278 of them after taking 27 percent of the funding pool.
SmartCompany's Smart50 Awards 2024 profile ranks agtech Goterra ninth. The Canberra business turns food waste into animal feed using robot-managed maggots, with customers including Woolworths and the City of Sydney.
Agtech investor Tenacious Ventures reached an $18 million first close on its second fund, which has a $50 million target; backers include Trawalla Group, Wollemi Capital Group and Macdoch Ventures.
Also Forbes Australia
Textile-waste yarn maker Dempstah has taken out eBay Australia’s Circular Fashion Fund top prize, with runners-up RCYCL and The Very Good Bra also rewarded, the money earmarked for Tasmanian milling.
Investible's Climate Tech Fund reveals its first eight investments, including Xylo Systems, Kite Magnetics and CIM, with $30 million committed toward a $100 million target; Xylo also drew Startmate and Taronga Zoo support.
Also SmartCompany
Streaming service Netflix has announced plans to acquire Sydney animation studio Animal Logic, subject to regulatory approval, with terms undisclosed; its entertainment arm stays independent.
Sydney venture firm Investible announced a A$100 million climate tech fund raise, led by Tom Kline and Patrick Sieb; its A$50 million prior fund closed this year and a Greenhouse hub is planned.
Ocean-cleanup startup Seabin Project drew over $1.16 million from retail investors in the first days of its Series A equity crowdfunding campaign on Birchal, seeking up to $3 million at a valuation above $15 million.