CEO · Founder, Koala · angel in 2 deals
Every published round Dany Milham 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 |
|---|---|---|---|---|---|---|
| CLUTCH Glue | Pre-seed | Nov 2024 | $1.4m | Lead | Forbes Australia, SmartCompany (Thu 12 Dec 2024), SmartCompany (Thu 12 Dec 2024), Blackbird Ventures portfolio | |
| Zero Co | Seed | 2 Nov 2020 | $2m | Participant | Startup Daily (Wed 20 Oct 2021), Startup Daily (Tue 19 Oct 2021), Startup Daily (Mon 18 Oct 2021), Startup Daily (Mon 2 Nov 2020) |
Companies Dany Milham has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| CLUTCH Glue | Nov 2024, Pre-seed | 1 | 1 | |
| Zero Co | 2 Nov 2020, Seed | 1 | 0 |
Fund closes reported for Dany Milham, as distinct from the investments it has made.
Companies Dany Milham has backed that another company then bought. An exit for the holding, not a deal Dany Milham did.
Stories naming Dany Milham. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Fishburners, the Sydney not-for-profit co-working community, has gone into voluntary administration over a long-running rent debt to the NSW government. KPMG administrators will keep it trading while pursuing a sale and recapitalisation.
Furniture brand Koala has secured $20 million ahead of its ASX debut at a $305 million valuation, while early backers including cofounder Mitch Taylor sold down some of their stakes.
Koala heads to the Australian bourse with a float mixing fresh equity and shareholder sell-downs, while a Test cricketer's decade-old six-figure backing of the furniture startup draws the spotlight.
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Cleaning products maker Zero Co, backed by Square Peg and crowdfunded via Birchal, is closing down solvent and will hand leftover funds to shareholders after failing to find a workable path forward.
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Shark Tank Australia founders are forming lasting networks through Davie Fogarty's Daily Mentor community, and Clutch Glue's founder raised pre-seed capital after declining a televised offer.
Property management startup Different has gone into administration with KPMG after failing to raise new capital, despite backing from AirTree and CBA's venture arm; the piece also recalls the failures of Milkrun and Brosa.
Woolworths has bought the collapsed grocery delivery brand Milkrun and will rebrand its Metro60 service under the name, while other food delivery startups including Voly, Providoor, SEND and CoLab have also shut or been acquired.
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Instant grocery delivery startup Milkrun is winding up, with co-founder Dany Milham telling staff trading ends this week. The article recalls its $75 million Series A backed by AirTree, Grok Ventures and Skip Capital.
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Ready-meal platform CoLab has entered voluntary administration after a financing round collapsed, with EY partners appointed; the piece also recalls failures across Australian food delivery, including Deliveroo Australia, Voly, Send and Quicko.
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Maker of whisky and gin tasting boxes plans an equity crowdfunding campaign on Birchal to fund Southeast Asian expansion, having earlier taken capital from Koala's co-founders; no money has been raised yet.
Opinion analysis arguing Woolworths' Metro60 one-hour grocery service threatens venture-backed rapid delivery startups, citing SEND's shutdown, VOLY's staff cuts and Milkrun's funding reliance as evidence the 15-minute model is unsustainable in Australia.
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Grocery delivery app SEND has entered voluntary administration with Worrells appointed; the article recalls its 2021 raise backed by Cherry Ventures and FJ Lab.
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Koala co-founder Dany Milham's rapid grocery delivery venture Milkrun has launched with a $75 million Tiger Global-led Series A, following an earlier $11 million seed round; Tiger also backed wholesale marketplace TradeSquare.
Milkrun, Dany Milham's four-month-old rapid grocery delivery startup, has raised a $75 million Series A led by Tiger Global, with Airtree, Skip and Grok also investing; it had earlier raised A$11 million in mid-2021.
Zero Co's $5 million crowdfunding campaign on Birchal sold out in six hours, breaking Australia's record, after the startup revealed a $6 million Square Peg round and an earlier $2 million private raise.
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Waste-reducing household products maker Zero Co secured $6 million from Square Peg Capital, with its Birchal crowd-funding target lifted to a record $5 million before opening to the public.
Reusable household packaging startup Zero Co raised a $2 million seed round led by Kim Jackson's Skip Capital, with returning backer Rob Chapman and Koala's co-founders joining, after earlier pre-seed funding and a Kickstarter campaign.
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A look back at cricketer Steve Smith's 2016 seed backing of mattress maker Koala, whose stake has grown sharply in value as the Sydney company's sales and headcount have expanded.
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