Ledger.

Startup · $52m raised

HEO

Sydney, NSW

Coverage

Stories naming HEO. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

19 deals

Cut Through Quarterly 3Q 2026

Cut Through Venture's quarterly report records a record $4.2 billion raised across 78 Australian venture rounds in Q3 2026, dominated by Firmus's $2.85 billion data centre raise, with sector trends, valuations and investor sentiment.

Also Startup Daily

15 deals

🇦🇺 This Week in Australian Startups #179, 26th September 2026

Weekly roundup recording a dozen raises and acquisitions, Firmus's scheduled float, a new $50m venture fund, a founder share sale, grant winners, an accelerator intake, and an AI agent's government breach.

Also DealStreetAsia·Dealroom·This Week in Australian Startups·AFR Technology·AFR Technology·Startup Daily·AFR Technology·AFR Technology·ABC News Technology·iTnews

3 deals

Space monitoring startup scores NRF backing in $37 million Series B

Beaten Zone Venture Partners led a US$25 million Series B in HEO Robotics, which images other spacecraft, with the NRFC contributing $10 million; the piece also recalls earlier Series A and seed rounds.

Also Forbes Australia·Forbes Australia·Cut Through Venture·Startup Daily·Space Connect·This Week in Australian Startups·Dynamic Business

2 deals

He's quietly invested in Australia's biggest space tech startups. Now he's moving to launch a $150m fund

Profiles space investor Will Scully-Power, whose Pine Gap firm backs Australian space startups and plans a larger US fund with partners; defence VC Beaten Zone has also wrapped up a $26 million fund.

Funding announcement

🇦🇺 This Week in Australian Startups #175, 23rd August 2026

Weekly roundup: Constantinople raises $62.5m; Blackbird wraps fund six above $1b; Guardhouse buys Mobohubb; SCX.ai debuts on the ASX; plus seed rounds, exits and executive changes across the ecosystem.

Series D+ $217m

The final frontier is proving to be rich with opportunity. Commercialising space has unleashed the power of creative capitalism… ⬇️

Beaten Zone's blog touts Australia's space sector, citing CEO Steve Baxter and reporting Gilmour Space Technologies' $217 million Series E from National Reconstruction Fund Corporation and Hostplus, plus its investments in HEO and Zendir.

Also Forbes Australia·SmartCompany·AFR Technology·Dealroom·australianmanufacturing.com.au·SmartCompany·SmartCompany·Startup Daily·Business News Australia

Fund close $10m+

Beaten Zone Venture Partners Announces First Capital Call Following Successful Fund Close

Brisbane defence-tech fund manager BZV says Fund I has drawn over A$10 million in commitments, meeting its ESVCLP condition, with A$60 million targeted and a final close expected inside 18 months.

Also Startup Daily

2 deals

Biosecurity threats software startup plants $5.3 million Seed round

ExoFlare, cofounded by ex-Data61 chief Adrian Turner, has banked $5.3 million in seed funding led by Salus Ventures to help food producers manage biosecurity risks.

Also SmartCompany

8 deals

Spacetech startups score $9 million in latest Moon to Mars grants

Twelve Australian spacetech companies received Moon to Mars Supply Chain Capability grants totalling over $9m for NASA's Artemis, with NextAero, Neumann Space, Metakosmos, Valiant Space, Gilmour Space Technologies and HEO Robotics among those funded.

Also Startup Daily·SmartCompany·@AuManufacturing·@AuManufacturing·@AuManufacturing

2 deals

Manufacturing news briefs — stories you might have missed

Roundup of manufacturing briefs: Latrobe Magnesium's share placement, DroneShield and Cyclopharm results, Graphene Manufacturing Group's US OTCQX listing, an Electro Optic Systems dispute settlement, HEO London recruitment, and a green steel partnership.

8 deals

Four Aussie startups that raised $38.4 million this week

Weekly roundup covering fresh raises by four Australian startups: Ignition's banking facility, HEO Robotics' Series A, Laronix's seed round and Haast's pre-seed, plus a past ACT grant.

Also Australian FinTech·SmartCompany·SmartCompany·Startup Daily·Forbes Australia·Wholesale Investor

3 deals

Satellite inspection startup raises $12 million Series A

Sydney spacetech firm HEO Robotics has closed a $12m Series A led by AirTree Ventures, with Salus, In-Q-Tel, Y Combinator and angels also in, as federal cutbacks hit Australian space programs.

Also Business News Australia·Forbes Australia·SmartCompany·Startup Daily

Seed

HEO Robotics attracts seed funding to support satellite inspection service

Sydney satellite monitoring firm HEO Robotics completed an undisclosed seed round led by Winton Group's David Harding to launch its in-orbit inspection product, with several investors participating and an existing backer increasing its stake.

Also Startup Daily·Startup Daily·SmartCompany·Startup Daily

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