Funding announcement
Seven ANZ startups that raised $111.5 million this week
Roundup of seven raises across the Tasman spanning fintech, marine tech, agtech, defence and AI, plus a first close for an ACT venture fund.
Accelerator
Epicorp
Canberra, ACT
Disclosed deals
Every published round Epicorp 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.
Portfolio
Companies Epicorp 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. | ||||
Funds
Funds Epicorp has money in
This is a stake in the fund itself, money that the fund's manager invests, not a stake in the fund manager.
| Fund | Manager | Sources |
|---|---|---|
| - | Activate Capital | Startup Daily, Defence Connect |
Portfolio companies acquired
Companies Epicorp has backed that another company then bought. An exit for the holding, not a deal Epicorp did.
People
Coverage
Stories naming Epicorp. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
2 deals
Canberra defence tech company Seitec secures $4m investment to expand overseas
Seitec, a Canberra defence technology maker, has landed a $4 million round with ACTivate Capital leading and Beaten Zone Venture Partners and UNSW participating, funding overseas expansion, product development and hiring.
Also Startup Daily
2 deals
ACTivate Capital leads $4m investment in Canberra defence tech company Seitec
A $4 million round for Canberra defence sensing firm Seitec is led by ACTivate Capital with UNSW and Beaten Zone co-investing; the ACT Government-backed fund earlier closed $23 million of a possible $50 million.
3 deals
ACT Investors: 15 Canberra Funds Backing Deep Tech in 2026
A directory of fifteen Canberra investors backing deep tech, noting ACTivate Capital's fund first close, several government-backed company raises, an incubator's alumni, and one portfolio acquisition.
2 deals
$50m ACTivate Capital fund launched to back ‘great science’ and boost Canberra startups
The ACT Government has launched the ACTivate Capital venture fund, with an initial $23 million close and capacity for $50 million, to back Canberra startups and commercialise local research, led by fund manager Ken Kroeger.
Fund close
$23m
ACT Govt launches new venture capital fund
The ACT Government launched the ACTivate Capital Fund with $23 million committed, backed by Epicorp, UNSW Canberra and family offices, targeting Canberra early-stage companies.