Secondary
July founders pour $2 million into Memobottle for a 20% stake
July's two cofounders personally bought a fifth of bottle maker Memobottle for two million dollars, valuing it at ten million, and will join its board.
Startup · $10.5m raised
July
Melbourne, VIC
Funding history
-
Accelerator
-
Series A : $10,500,000
Investors
Every investor coverage indicates participated in a round July raised.
| Investor | Rounds | Invested |
|---|---|---|
| LaunchVic | Accelerator | - |
| SmartCompany | Accelerator | - |
| Strandbags | Series A | $8,000,000 |
What July bought
Companies July acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
People
Coverage
Stories naming July. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Unnamed stage
July founders take 20% stake in Memobottle at $10 million valuation
Two founders of a luggage brand have bought a fifth of a water bottle maker at a ten-million-dollar valuation, with the money going into growth rather than to sellers, and a new bottle launching soon.
9 deals
Six Aussie startups that raised $56.7 million this week
Weekly roundup detailing six Australian startup raises announced this week, covering Heidi Health, Instant, Esper, Trusst AI, Flowing Bee and GonGlobal, with investors, founders, valuations and earlier rounds.
Also Startup Daily
Funding announcement
‘When Lachlan calls, you answer’: Inside this Murdoch-backed luggage giant
Profile of luggage brand July, built by Melbourne founders Athan Didaskalou and Richard Li with backing including Lachlan Murdoch, covering its pandemic pivot, Olympic team supply deal and retail expansion.
Key hire
LaunchVic's hunt for the next wave of tech unicorns is on again
LaunchVic reopens expressions of interest for its 30×30 program aiming to create 30 Victorian unicorns by 2030, recalling last year's nine participants, while July appoints Joanne Smith as its first chief financial officer.
Key hire
Luggage startup July nabs Little Birdie’s Joanne Smith as its first CFO
Victorian luggage retailer July has hired Joanne Smith away from Little Birdie as its first chief financial officer, after its leadership team completed LaunchVic's 30×30 scaleup program.
2 deals
Zero Co, Ofload and Mad Paws: The startup winners of the 2022 Smart50 awards
SmartCompany names its 2022 Smart50 winners: July tops the list, Ofload ranks second after a $60 million raise, and Mad Paws, Zero Co, Code Like a Girl and Hero Packaging take out category awards.
26 deals
FUNDED August 2022
Techboard's monthly roundup tallies August 2022 private funding at $207m across 22 deals, listing the month's raises, BlackRock's acquisition of Akaysha Energy, One Click Life's reverse takeover listing, and several fund closes.
Also Startup Daily
Funding announcement
“We thought that we were on a rocket ship”: How July co-founders bounced back after 95% loss in revenue
Profile of luggage brand July, whose founders rebuilt after a 95% revenue drop in 2020; the article recalls an early $250,000 angel investment and notes over $10 million raised to date.
Funding announcement
Melbourne startup July named as official luggage suppliers for 2022 Australian Commonwealth Games team
Melbourne luggage brand July will supply cases for Australia's 2022 Commonwealth Games team, after a similar Winter Olympics deal. The profile recalls its $10.5 million raise and pandemic-era revenue slump.
11 deals
The startup funding round: Hospitality tech, Kiwis going global, and Blumenthal's bet on plant-based meat
Roundup of recent raises: a New Zealand legaltech Series A, plant-based meat seed funding with a celebrity chef tie-in, hospitality software capital, and battery materials funding, plus board additions.
Also TechCrunch Venture·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·TechCrunch Venture·Startup Daily
3 deals
From revitalising retail to liquidising almonds: Nine breakaway Aussie success stories of 2019
SmartCompany's year-end roundup profiles nine businesses that scaled rapidly in 2019, including Shebah's record equity crowdfunding and follow-up round, July's Strandbags-led raise, and Louis Mittoni's revival of the Toys 'R' Us brand.
Series A
$10.5m
MONEY BAGS: Luggage startup July raises $10.5 million
Melbourne luggage maker July has secured a Series A led by accessories retailer Strandbags, which contributed equity and debt, to fund product development and expansion into Asia-Pacific markets.
Also SmartCompany·SmartCompany
Seed
$300k