Startup · $300k raised
Every investor coverage indicates participated in a round Cut Through Angels raised.
| Investor | Rounds | Invested |
|---|---|---|
| LaunchVic | Grant | - |
| Victorian Government | Grant | $300,000 |
Every published round Cut Through Angels 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 |
|---|---|---|---|---|---|---|
| Aerotruth | Seed | 22 Dec 2022 | $1.3m | Participant | Archangel Ventures portfolio, SmartCompany, Startup Daily, Afterwork Ventures portfolio |
Companies Cut Through Angels has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Aerotruth | 22 Dec 2022, Seed | 1 | 0 |
Fund closes reported for Cut Through Angels, as distinct from the investments it has made.
Companies Cut Through Angels has backed that another company then bought. An exit for the holding, not a deal Cut Through Angels did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Cut Through Angels is recorded as having been acquired. | ||||
Companies Cut Through Angels acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Simon McKendry | Partner | Startup Daily (Tue 3 Oct 2023), Startup Daily (Thu 22 Dec 2022) |
Stories naming Cut Through Angels. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
SeenCulture, a workplace platform, has secured $1 million in a pre-seed round from Alice Anderson Fund, M8 Ventures, InterValley Ventures and Torus, having earlier joined Techstars' first Sydney cohort with Cut Through Angels backing.
Also SmartCompany·SmartCompany
Weekly roundup covering nine Australian startups' new capital totalling $40.5 million, across solar, quantum computing, marketing tech and crowdfunding, plus a look back at Aconex's $1.6 billion Oracle sale.
Also SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Wholesale Investor
Cut Through Angels launched a syndicate letting wholesale investors back the twelve startups in Techstars' Sydney accelerator class of 2023 ahead of Demo Day, with each cohort company and founder named.
A year-end roundup listing six recent startup raises, giving amounts, lead investors and co-investors for Tic:Toc, 5B, Syenta, Vively, Aerotruth and Potiki, plus each company's stated plans for the money.
Victoria granted $900,000 across three new angel networks to back early-stage startups, while LaunchVic grant recipient Archangel Ventures has launched a $25 million venture capital fund.