Vedi and GeoMoby each raise $3M
Two Perth startups have each secured $3 million. GeoMoby drew mostly French backers plus Agreement Hub and a METS Ignited grant; Vedi raised mainly from MSD Animal Health, with Companion Fund also taking part.
Accelerator · 1 deal
Every published round Founder Institute 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 |
|---|---|---|---|---|---|---|
| Cellr | Accelerator | 13 Sep 2022 | - | Participant | Startup News (WA) (Tue 13 Sep 2022), Startup News (WA) (Mon 9 Mar 2020) |
Companies Founder Institute has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Cellr | 13 Sep 2022, Accelerator | 1 | 0 |
Fund closes reported for Founder Institute, as distinct from the investments it has made.
Companies Founder Institute has backed that another company then bought. An exit for the holding, not a deal Founder Institute did.
Stories naming Founder Institute. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Two Perth startups have each secured $3 million. GeoMoby drew mostly French backers plus Agreement Hub and a METS Ignited grant; Vedi raised mainly from MSD Animal Health, with Companion Fund also taking part.
News roundup covering Uber's all-stock purchase of delivery rival Postmates, Luckin Coffee's delisting after fraud, a VC training program, NASA's toilet prize, VCs feuding with journalists, and Murdoch's Theranos stake sale.
IoT startup Cellr won government backing to commercialise NFC bottle-cap anti-fraud tech for wine. Its team graduated from Founder Institute; Chris Braine recently attended SA's FOMENT program.