Startup · $33.8m raised · Cybersecurity
Adelaide, SA
Every investor coverage indicates participated in a round Fivecast raised.
| Investor | Rounds | Invested |
|---|---|---|
| CSIRO | Unnamed stage | - |
| Main Sequence Ventures | Series A · Unnamed stage | - |
| South Australian Venture Capital Fund | Series A · Unnamed stage | - |
| Ten Eleven Ventures | Series A | - |
Investors whose own portfolio pages list Fivecast, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Artesian VC | its portfolio page ↗ |
| Artesian VC | its portfolio page ↗ |
Companies Fivecast 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 |
|---|---|---|
| Dave Blockow | VP Engineering | Startup Daily, SmartCompany |
| Dr Brenton Cooper | CEO · Founder | Startup Daily (Tue 11 Apr 2023), SmartCompany (Tue 11 Apr 2023), Startup Daily (Wed 3 Jul 2019), SmartCompany (Tue 2 Jul 2019) |
| Duane Rivett | VP Commercial | Startup Daily, SmartCompany |
| Ross Buglak | VP Product Development | Startup Daily, SmartCompany |
Stories naming Fivecast. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
KPMG data shows Australian startup funding fell sharply in early 2023, though AI and climate tech stayed strong, with several large raises listed and a new Main Sequence fund announced.
Also Startup Daily
A quarterly Cut Through Venture survey reports Australian startups raised $810 million across 90 deals in Q2 2023, listing the largest rounds and noting improved investor sentiment despite a sluggish first half.
Also SmartCompany
Techboard's monthly roundup counts 40 Australian startup raises worth $498m in April 2023, headlined by Saluda Medical and Eucalyptus, plus smaller rounds and fund closes by Purpose Ventures and Proto Axiom.
Adelaide AI firm Fivecast has raised a $30 million Series A led by Ten Eleven, with Main Sequence and the South Australian Venture Capital Fund joining, to expand into overseas markets and grow headcount.
The South Australian Venture Capital Fund, idle since Blue Sky's collapse, has appointed Artesian as manager with David Rohrsheim leading locally; past fund investments in Myriota and Fivecast are recalled.
South Australia's government has named Artesian Venture Partners to manage its $50 million venture capital fund, which has previously invested in three companies; Artesian will open a small office at Lot Fourteen.