Startup · $584m raised
Sydney, NSW
Every investor coverage indicates participated in a round Immutable raised.
| Investor | Rounds | Invested |
|---|---|---|
| VaynerFund | Series B | - |
| Tencent | Series C · Series C | - |
| Temasek | Series C · Series C | - |
| Reinventure Group | Series B | - |
| Prosus Ventures | Series C · Series C · Series B | - |
| Princeville Capital | Series C · Series C | - |
| Possible Ventures | Series C · Series C | - |
| ParaFi Capital | Series C · Series C | - |
| Naspers Ventures | Series A | - |
| Mirae Asset Global Investments | Series C · Series C | - |
| Liberty Global | Series C · Series C | - |
| King River Capital | Series C · Series C · Series B | - |
| Galaxy Interactive | Series B | - |
| Galaxy Digital | Series A | - |
| FTX | Series B | - |
| Fabric Ventures | Series C · Series C · Series B | - |
| Declaration Partners | Series C · Series C | - |
| BITKRAFT Ventures | Series B | - |
| Arrington Capital | Series C · Series C | - |
| Apex Capital Partners | Series A | - |
| APEX Capital | Series B | - |
| Animoca Brands | Series C | - |
| Alameda Research | Series C · Series C | - |
| AirTree Ventures | Series C · Series C · Series B | - |
Investors whose own portfolio pages list Immutable, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Exto Partners | its portfolio page ↗ |
| Glitch Capital | its portfolio page ↗ |
Every published round Immutable 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 Immutable 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. | ||||
Fund closes reported for Immutable, as distinct from the investments it has made.
| Fund | Announced | Committed | Target | Close | Sources |
|---|---|---|---|---|---|
| - | 17 Jun 2022 | $500m | - | - | TechCrunch Australia (Wed 22 Jun 2022), TechCrunch Australia (Fri 17 Jun 2022) |
Companies Immutable has backed that another company then bought. An exit for the holding, not a deal Immutable did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Immutable is recorded as having been acquired. | ||||
Companies Immutable acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Immutable. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Collections platform InDebted adds Gillian Findlay, ex-COO of SafetyCulture and Immutable, as a non-executive director, joining founder Josh Foreman, Reinventure's Danny Gilligan and Carthona Capital's Dean Dorrell on the board.
Weekly roundup flags Acorn's purchase of learning firm B Online Learning for an undisclosed sum, plus $487m across ten raises, Airwallex product launches, Blackbird's biggest-ever investment, and layoffs at Culture Amp and Immutable.
Roundup of seven trans-Tasman raises worth $93.1m this week, headlined by IND Technology's $50m round, with LawVu also acquiring ClauseBase.
Blackbird's investment note announces it led Alloy Technologies' $4.5 million pre-seed round, profiling founder Joe Harris and describing the startup's software for robotics companies deploying artificial intelligence.
Also TechCrunch Venture·Forbes Australia·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily
Sydney enterprise AI startup Collabra.ai appoints ex-Finder chief Chris Ellis as CEO as it moves from building its back-office automation product into selling it; cofounder Neill Miller has also put money in.
Student-run venture fund NextGen Ventures has locked in $1.5 million toward a $2.5 million target, backed by Blackbird's cofounders, Airtree and angel investors, and has already invested in AI startup Fluency.
King River Capital is wrapping up a A$157 million (US$100 million) fund for AI startups, with Future Super, David Gonski, Marinya Capital and the Smorgon family among its backers.
Twine has raised $2.3 million in an Airtree-led round with three angel backers. The startup analyses business conversations to give sales and product teams actionable insight and plans to grow its AI features.
Also SmartCompany
Airtree Ventures has reached a first close on its fifth fund, drawing commitments from three US institutions plus returning local super funds, against a $650 million target.
Forbes Australia launches its debut 30 Under 30 list, celebrating 30 young Australian entrepreneurs, athletes and entertainers, and explains how nominees were assessed with help from judges including Airtree's Craig Blair.
Profile of Airtree Ventures' use of secondary sales for early liquidity; selling part of its Canva stake paid back its debut fund while the firm kept most of its holding.
Student-run fund NextGen Ventures launches to back university-founded startups, training student investors with partner VC firms and seeking its own capital; its report counts over $1.2 billion raised by student-founded startups since 2012.
A student-run venture fund launches alongside research showing university founders have attracted backing topping $1.2 billion, though women-led teams receive a small share; Blackbird is the most active backer.
Profiles Stori, an AI game-worldbuilding startup by founder Nilushanan Kulasingham: pre-seed investment by Antler and investor Jason Calacanis, plus a place in AWS's GenAI Accelerator.
Neara, an energy-sector digital twin platform, has raised a $15.25 million Series B extension with Prosus Ventures leading and prior backers Square Peg and Skip Capital returning, to fund US and European expansion.
LinkedIn's seventh annual ranking of Australia's top startups puts Immutable first and Harrison.ai second; the piece also notes me&u's recent merger with Mr Yum and the Tran brothers' three-year fundraising tally.
Also Startup Daily
KPMG data shows Australian startup funding hit a record in 2022 despite a global downturn, while accountancy fintech Hnry closed a $35 million Series B led by AirTree to double headcount and expand overseas.
Crypto exchange CoinJar, backed by Blackbird, cut roughly a fifth of its Melbourne staff after FTX's failure; the piece recalls its 2013 half-million-dollar seed round led by Blackbird.
US giant KKR joined navigation-technology maker Advanced Navigation's $108 million Series B, alongside returning local backers; the company also bought ANU spin-out Vai Photonics, and two KKR staff will join its board.
Also OIF Ventures portfolio·@AuManufacturing·SmartCompany·Startup Daily·Techboard·SmartCompany·Forbes Australia
Techboard's anniversary roundup catalogues a month of Australian startup funding: megadeals, three acquisitions, large debt deals, grants, accelerator intakes, and fund news including Archangel Ventures' committed capital.
Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·Forbes Australia·Business News Australia
Proptech firm Yabonza has entered liquidation with administrators appointed and creditors owed millions. The piece recalls its past backers and 2020 purchase of Easyshare, plus other local tech collapses and layoffs.
Also Startup Daily
Ignition Lane's weekly wrap reports falling Australian venture funding, lists several startup raises and fund raises, covers Chargefox's acquisition, Volt's closure, the Zip-Sezzle merger termination, and global tech news.
Also Women's Agenda·Startup Daily·SmartCompany·Techboard·SmartCompany
Australian web3 gaming firm Immutable launched a $500 million fund backing web3 games and NFT companies, collaborating with investors including Animoca Brands and BITKRAFT, after a March Series C led by Temasek.
Also TechCrunch Venture
Techboard's March 2022 roundup of Australian funding: megadeals by Immutable, Saluda Medical, Linktree and Zeller, many smaller raises, acquisitions, an IPO, several fund closes, and companies still seeking capital.
Linktree's co-founders have launched Side Stage Ventures, a collective investing in very young creative-tech companies; it has already backed several startups, and associate Ben Grabiner's music platform Platoon was bought by Apple.
Also Australian FinTech
Crunchbase's monthly tracker shows 34 firms newly valued at $1 billion-plus in March 2022, fewer than prior months; Australians Linktree and Immutable joined, Getir and Blockchain.com became decacorns, and Fair and Blinkit were acquired.
Ignition Lane's weekly roundup covers Linktree's unicorn raise, several Australian funding rounds, Tiger and Insight's new mega-funds, falling SaaS valuations, the ACCC's action against Meta, and new accelerator and product launches.
Sydney NFT gaming firm Immutable raised a $280 million Series C valuing it at $3.5 billion, led by Temasek with Tencent and Animoca Brands, six months after an $82 million raise.
Also SmartCompany·SmartCompany·Techboard·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Forbes Australia·Forbes Australia·Crunchbase News
Australian venture firm King River Capital has launched a digital asset fund holding over $50 million in commitments toward a $150 million target, and hired David Adams as partner to manage it.
Ignition Lane's weekly tech roundup: AirTree raises $700m across three new funds, dozens of Australian startups announce rounds, a wave of acquisitions including Block completing its Afterpay buy, plus Web3 commentary and US market moves.
SmartCompany reports AirTree has launched a $50 million Web3 fund, its first dedicated crypto and blockchain vehicle, drawn from a larger pool, with partner Elicia McDonald outlining the fund's focus areas and early investments.
Sydney venture firm AirTree has raised A$700 million across three vehicles — an early-stage fund, a web3 fund and a growth fund — with superannuation funds as backers. Its portfolio includes Canva, Linktree and Immutable.
Also Startup Daily·TechCrunch Venture·Startup Daily·Startup Daily·Startup Daily
Sydney product consulting firm Terem Technologies raised $3 million led by Parc Capital, planning acquisitions to challenge big-four consultancies, with clients including Qantas, IAG, ATO and MYOB.
Aura Ventures maps the Web3 ecosystem, separating private blockchains from four public layers, and argues genuine value will migrate to scaling and application layers, citing its portfolio firm Lygon and Australian protocol Synthetix.
Equity crowdfunding platform Birchal reports a record September 2021 quarter for CSF raises, and the article rounds up September's large venture rounds including Airwallex, Canva, Cover Genius and Scalapay.
Also Wholesale Investor
Weekly roundup covering Canva's huge raise and rich-list climb, a run of Australian startup funding rounds including SiteMinder and Mable, Domain's purchase of IDS, and Mailchimp's sale to Intuit.
Also Startup Daily·Australian FinTech·Cut Through Venture·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Australian FinTech
Airwallex has raised a US$200 million Series E at a US$4 billion valuation, led by Lone Pine Capital, with its founders also unveiling a $200 million fund amid a wave of big local raises.
Blockchain gaming company Immutable has raised an $82 million Series B led by BITKRAFT Ventures to grow its NFT trading platform and games, with King River, AirTree and several other investors taking part.
Also Startup Daily
Sydney gaming startup Immutable raised $82 million in Series B funding co-led by BITKRAFT Ventures and King River Capital to expand its NFT trading platform; co-founder Robbie Ferguson interviewed on the show.
Also SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany
Singapore data firm Near hires Ed Lowther-Harris as Australia and New Zealand managing director and David Raitt as general manager; it has also recently acquired data intelligence specialist UM, formerly UberMedia.