Venture capital fund · 28 deals
Hong Kong
Every published round Horizons Ventures 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.
Companies Horizons Ventures has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Airwallex | Jul 2018, Series B | 3 | 0 | |
| Prospection | 11 Feb 2020, Series A | 2 | 0 | |
| Q-CTRL | 11 Sep 2019, Series A | 2 | 0 | |
| v2food | 27 Nov 2019, Series A | 2 | 0 | |
| Cortical Labs | 20 Apr 2023 | 1 | 1 | |
| Fertilis | 11 Jan 2022, Seed | 1 | 1 | |
| Impossible Foods | 15 May 2019, Series D+ | 1 | 1 | |
| Loam Bio | 2020, Seed | 3 | 1 | |
| Soil Carbon Co | 25 Jun 2020, Seed | 1 | 1 | |
| Cauldron Ferm | 28 Mar 2023, Seed | 4 | 2 | |
| Fleet Space Technologies | 5 Sep 2019 | 3 | 2 | |
| Harrison AI | 9 Dec 2019, Series A | 3 | 2 | |
| Nourish Ingredients | 26 Mar 2021, Seed | 2 | 2 |
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 |
|---|---|---|
| Fund II | Main Sequence Ventures | @AuManufacturing, Main Sequence |
Companies Horizons Ventures has backed that another company then bought. An exit for the holding, not a deal Horizons Ventures did.
Stories naming Horizons Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Eight Australian companies make Forbes Asia's annual 100 To Watch list; the piece profiles each and recaps recent raises across climate tech, health and software.
Weekly roundup detailing eight trans-Tasman raises totalling A$373.3 million, headlined by Halter's Series E, spanning quantum computing, biomanufacturing, robotics, adtech and agtech, plus a recalled $2 billion founder exit.
Also Startup Daily
Biomanufacturer Cauldron Ferm has banked a $19 million Series A2, led by Main Sequence with Horizons, SOSV and NGS Super aboard, adding to an earlier $9.5 million round and a $4.3 million federal grant.
Harrison.ai has received $32 million from the National Reconstruction Fund Corporation toward its Series C, with the federal investor's December backing of Vault Cloud, Myriota and Quantum Brilliance also noted.
Also Women's Agenda
Year-end roundup ranking 2024's twelve largest startup raises, headed by PsiQuantum's $940 million government-backed quantum computing round, plus Guzman y Gomez's ASX listing and Betashares' Temasek investment.
Fleet Space Technologies has secured $150 million in a Series D round led by a Canadian pension fund, with existing backers Blackbird Ventures, Hostplus and Horizons Ventures also participating.
Satellite company Fleet Space has closed a Series D backed by Teachers' Venture Growth and prior backers, lifting its valuation past $800 million, with proceeds earmarked for its mineral-exploration platform.
Also Space Connect·spaceanddefense.io·aap.com.au·@AuManufacturing·Startup Daily·TechCrunch Venture·SmartCompany·SmartCompany·Startup Daily·Startup Daily·spaceexplored.com·Space Connect·Defence Connect·@AuManufacturing·@AuManufacturing·Forbes Australia·TechCrunch Venture
A weekly roundup detailing five raises across Australia and New Zealand: Marmalade, Cauldron, Prophet, Hola Health and Buddy, naming amounts, lead backers and founders.
An Australian precision fermentation maker has banked a Horizons Ventures-led series A to grow its continuous fermentation capacity, with SOSV, In-Q-Tel and Main Sequence also backing the round.
Also SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·AgFunderNews
Year-end Crunchbase column recapping five distinctive 2023 raises: Cortical Labs, Forward, Neura Robotics, KoBold Metals and Living Carbon, with amounts, backers and one stated valuation.
Also TechCrunch Venture
Three Australian companies — Fleet Space Technologies, MoreGoodDays and Syneta — feature on Forbes Asia's 100 to Watch list; the piece profiles each business, its backers and recent raises.
Australian precision fermentation startup Nourish Ingredients secures government funding and grants, recalls its Series A, and outlines plans to launch its first animal-like fat in late 2024.
Also AgFunderNews
Profile of Cortical Labs founder Hon Weng Chong, whose dish-grown brain cells learned Pong, recalling a US$10 million raise led by Horizon Ventures and covering the CL1 commercial product.
Feature on tech startups thriving outside Australian capitals, recording Cauldron's seed raise and government backing, with views from investors and founders at regional companies.
A monthly Crunchbase roundup of five overlooked venture rounds, including raises by ChopValue, Australia's Cortical Labs, Harvey, Sepura Home and Ebb Carbon, with lead investors and amounts for each deal.
Also Crunchbase News
A weekly roundup reporting seven Australian startups that together raised more than $66 million, including Novalith, Propeller, Cortical Labs, Waave, Restoplus, Empiraa and The Very Good Bra.
Melbourne synthetic biology company Cortical Labs has secured US$10 million (A$15 million), led by Horizons Ventures with four co-investors, to advance its brain-cell computing platform commercially and meet pre-orders.
Also TechCrunch Venture·Forbes Australia·SmartCompany·Forbes Australia·Crunchbase News·Crunchbase News
Weekly agrifoodtech roundup reporting funding for Momofuku Goods, STEER, Cauldron, EV Biotech, Extracellular, Quisto, Local Bounti and Agreena, the shutdown of New Age Eats, and partnership and product news including Vow's mammoth meatball.
Also AgFunderNews
Regional NSW precision fermentation startup Cauldron has raised a $10.5 million seed round led by Main Sequence Ventures, following an earlier Queensland government investment, to expand its pilot facilities.
Also Women's Agenda·@AuManufacturing·AgFunderNews·SmartCompany·AgFunderNews·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany
Agtech startup Loam has raised a $105 million Series B co-led by Lowercarbon Capital and Wollemi Capital, following a $40 million Series A, to commercialise its soil-carbon technology.
Weekly agrifoodtech roundup reporting funding rounds for alternative fat and agtech startups, acquisitions including Kroger's purchase of Albertsons, and other sector news such as Beyond Meat's job cuts.
Animal-free fat maker Nourish Ingredients closed a Series A backed by Horizons Ventures, Main Sequence Ventures and Hostplus, adding to an earlier raise as it scales precision fermentation production.
Also SmartCompany·Startup Daily·AgFunderNews·Techboard·SmartCompany·AgFunderNews·AgFunderNews·Forbes Australia·@AuManufacturing·@AuManufacturing·@AuManufacturing·@AuManufacturing
Adelaide IVF device startup Fertilis secured a seed round led by Horizons Ventures to advance clinical trials and commercialise its embryo-culturing cradle devices.
Also Forbes Australia
Harrison.ai raised a Series B led by Horizons Ventures with Sonic Healthcare, I-MED, Blackbird and Skip Capital, and announced a pathology joint venture with Sonic Healthcare.
Also SmartCompany·Startup Daily·TechCrunch Venture·Crunchbase News·SmartCompany·Techboard·Startup Daily
TechCrunch's space digest reports Rocket Lab buying Planetary Systems Corporation, new raises from Hydrosat, Fleet Space, Inversion and Sierra Space, Musk's Starship launch timeline, and other space industry developments.
A roundup of climate-focused startups that secured investment during 2021, led by Loam Bio's $40 million carbon sequestration round, spanning clean energy, waste, lithium, and plant-based protein companies across Australia and New Zealand.
Also SmartCompany
Australian microbial carbon-removal startup Loam Bio raised a $40 million Series A led by TIME Ventures, with CEFC, Main Sequence, Horizons Ventures and others joining; Virescent Ventures says it has invested $5.8 million.
Also Startup Daily·AgFunderNews·SmartCompany·Cut Through Venture·@AuManufacturing·Forbes Australia·Forbes Australia
Prospection's $45 million Series B has Ellerston Capital's JAADE fund as cornerstone investor with $30 million, while existing shareholders Main Sequence Ventures and Horizons Ventures also backed the healthcare data company.
Also Startup Daily·prospection.com·pharmadispatch.com·Startup Daily·SmartCompany·Startup Daily·SmartCompany
Weekly roundup covering Main Sequence's second-fund close, operating partner hires at Blackbird and AirTree, raises by Sea Forest, Adventus.io, Halter and others, acquisitions by Equiem, Stripe and Toyota, plus Big Tech earnings.
Australia's Main Sequence has pulled in A$250 million for its second deep tech fund, with existing backers returning and a sharpened emphasis on decarbonisation investments.
Also TechCrunch Venture·TechCrunch Venture·SmartCompany·@AuManufacturing·Startup Daily·SmartCompany·TechCrunch Venture
Sydney quantum startup Q-CTRL will demo its control software at the Australian Army's Quantum Technologies Challenge, solving a resupply problem with unmanned ground vehicles.
Weekly agrifoodtech funding roundup covering raises by Nourish Ingredients, AlgiKnit, Allergy Amulet, Bluu Biosciences, Deep Branch, VFC, Waycool, Deliciou and MeliBio, plus Hanegal's acquisition of ready-meal maker Fairdig.
Australian startup Nourish Ingredients, which engineers fats for plant-based meat, has raised $11 million from Horizons Ventures and Main Sequence Ventures. Founders Petrie and Leita met at CSIRO; the company employs 18 people.
Also SmartCompany·@AuManufacturing·Cut Through Venture·SmartCompany·SmartCompany·Startup Daily·AgFunderNews·AgFunderNews·@AuManufacturing·@AuManufacturing·@AuManufacturing·TechCrunch Venture
Ignition Lane's weekly roundup reports MyDeal and Adore Beauty listing on the ASX, Rokt's US$80 million Series D, several trans-Tasman raises, Quibi shutting down, Westpac trimming its Zip stake, and local executive appointments.
Also Crunchbase News·Startup Daily·Startup Daily·Startup Daily·Startup Daily·ARN (ARNnet)
Soil Carbon Co, an Australian startup using fungi to store carbon in soil, raised A$10 million in seed funding led by Horizons Ventures, with Grok Ventures, Lowercarbon Capital and the Clean Energy Finance Corporation participating.
Also RenewEconomy
Interview with Q-CTRL's founder and chief executive on Australian deep tech policy, government procurement of local technology, and a CSIRO report projecting a large quantum industry by 2040.
Melbourne packaging startup Varden has secured $2.2 million from Horizons Ventures to scale its sugarcane-waste packaging technology built by co-founders Stuart Gordon and Mark Appleford.
Melbourne cross-border payments startup Airwallex announced a $160 million Series D with ANZi Ventures and Salesforce Ventures joining returning backers, lifting total funding to $360 million for acquisitions, market expansion and new products.
Also Startup Daily·SmartCompany·Australian FinTech·SmartCompany·SmartCompany·Techboard·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Australian FinTech·Australian FinTech·Women's Agenda·Australian FinTech·Australian FinTech·TechCrunch Venture
Daily roundup covering an insider-trading case involving ASX-listed Innate Immunotherapeutics, Klarna's first Australian retail deal, health-tech raises by Adherium and Prospection, and the administration of Calombaris's restaurant group.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·prospection.com