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CEO · Founder, Skip Capital · angel in 1 deal

Kim Jackson

Coverage

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

Unnamed stage

PEP buys 30% of Grok Ventures-backed Energy Bay

Pacific Equity Partners has agreed to take a 30 percent stake in Australian on-site renewables firm Energy Bay, mainly via new shares; existing backers include Skip Capital, Grok Ventures and Soletto. Value undisclosed.

Also This Week in Australian Startups

Funding announcement

Energy grid digital twin platform Neara turns unicorn with $90 million Series D

Australian grid-modelling startup Neara raised a $90 million Series D led by TCV, valuing the company above $1 billion, funding ML and expansion.

3 deals

Square Peg-backed cleaning products startup Zero Co is shutting down

Cleaning products maker Zero Co, backed by Square Peg and crowdfunded via Birchal, is closing down solvent and will hand leftover funds to shareholders after failing to find a workable path forward.

Also SmartCompany·Dealroom·Startup Daily·SmartCompany·Startup Daily·Startup Daily

6 deals

The $15bn National Reconstruction Fund takes $32 million stake in AI medical diagnostics startup Harrison.ai

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

Series A $22m

Bootstrapped father & son AI startup banks $22 million Series A in 1st raise after 6 years

Brisbane market-research software firm Askable, self-funded since 2017 by a father-son duo, has announced a $22m Series A led by AirTree at a $100m valuation, with Skip Capital and founder angels backing it.

Also SmartCompany

6 deals

Six Australian startups that raised $18.4 million this week

SmartCompany roundup covering six Australian funding deals totalling $18.4 million: Visibuild, My Mirror, Cambium Bio, Freckle, Old Young's Distillery and Taly, plus news that Freckle's founder earlier sold Everproof to GO1.

Also Startup Daily·SmartCompany

undisclosed $45m

PE giant buys in as Aussie AI infrastructure start-up raises $45m

Neara, an Australian AI infrastructure startup, raised $45 million led by EQT, Partners Group and Square Peg Capital, with Skip Capital and Prosus Ventures returning; funds target North American and European expansion.

11 deals

Eight Aussie startups that raised $36 million this week

Weekly roundup detailing new funding for eight local startups: home lending, document verification, farm water monitoring, alcoholic drinks, freight software, leaf protein, artist content sales and organic bedding, totalling over $36 million.

Also SmartCompany·SmartCompany

3 deals

Digital twin startup Neara pockets $15.25 million in Series B extension for offshore plans

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.

Also SmartCompany·SmartCompany·Startup Daily

4 deals

HR analytics startup grabs $15 million from Salesforce

Workforce intelligence firm Reejig has raised $17 million with Salesforce Ventures investing, eight months after completing its Series A. The 2019-founded company's earlier backing came from Skip Capital, Airtree and Right Click Capital.

Also Startup Daily

Seed $10.2m

Human books $10.15 million for new approach to chronic illness care, secures largest-ever funding round for Australian female founding team

Health tech startup Human closed a seed round led by Airtree Ventures with Skip Capital participating, which the founders say is the largest raise by an all-Australian female founding team.

Also Startup Daily·Women's Agenda·Cut Through Venture·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Forbes Australia·Women's Agenda·Forbes Australia

Funding announcement

Atlassian billionaire leads takeover bid for solar and storage developer Genex

Skip Capital, owned by Atlassian co-founder Scott Farquhar and Kim Jackson, leads a conditional, non-binding bid with Stonepeak valuing Genex Power near $320 million; earlier stake-building and Stonepeak's renewables fund close are recalled.

Unnamed stage $89m

Mr Yum completes first major acquisition, obtaining MyGuestlist to help restaurants build personalised marketing to diners

Hospitality tech firm Mr Yum has bought customer data platform MyGuestlist in a cash-and-stock deal worth tens of millions, its first acquisition, following an $89 million raise led by Tiger Global.

Also Ten13 portfolio·TechCrunch Venture·SmartCompany·SmartCompany·Startup Daily·Tech Funding News - Australia·Australian FinTech·AgFunderNews·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Women's Agenda·Beef Central / Grain Central·Forbes Australia

3 deals

HR analytics startup Reejig tops up Series A with $15 million

Workforce analytics firm Reejig has raised a further fifteen million dollars, four months on from its October Series A, taking total funding to twenty-one million as backers double down ahead of US expansion.

Also Women's Agenda·Startup Daily

2 deals

Startup Daily TV: Zero Co founder Mike Smith on his eco-startup's record-breaking $5 million crowd-funding campaign

Household products startup Zero Co set an Australian crowdfunding record, raising $5 million in under seven hours on Birchal, on top of earlier backing from Square Peg and private investors; rival Shebah entered voluntary administration.

Also Startup Daily·Startup Daily·Startup Daily

3 deals

Zero Co's staggering $5 million crowd-funding raise was over in just six hours

Zero Co's $5 million crowdfunding campaign on Birchal sold out in six hours, breaking Australia's record, after the startup revealed a $6 million Square Peg round and an earlier $2 million private raise.

Also Startup Daily·Cut Through Venture·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Australian FinTech·Startup News (WA)·Dealroom

2 deals

VC Square Peg backs waste reduction startup Zero Co in $6 million raise ahead of record-breaking $5m crowd-funding campaign

Waste-reducing household products maker Zero Co secured $6 million from Square Peg Capital, with its Birchal crowd-funding target lifted to a record $5 million before opening to the public.

Also Startup Daily·Startup Daily·Startup Daily

2 deals

AI-based job skills analysis startup Reejig raises $6 million series A for US push

Workforce intelligence platform Reejig has raised a $6 million series A led by Skip Capital, with Airtree Ventures and angels participating, following its 2020 seed, to fund expansion into the United States.

Also SmartCompany·Startup Daily·Cut Through Venture·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Women's Agenda

10 deals

The startup funding round: Tech preventing heart failure, the Airbnb of street art, and digital ‘twins’ for infrastructure

A weekly roundup of Australian startup funding: Neara, Archistar, Urban Ethos, ESN Cleer and Book An Artist raise, alongside Mr Yum and Octopus Deploy raises.

Also Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany

2 deals

Melanie Perkins' tech startup Canva hits valuation of $19.7 billion after latest round of funding

Canva's valuation reached US$15 billion after a new funding round led by T. Rowe Price, Dragoneer, Blackbird Ventures and Skip Capital. The article also recalls Canva's earlier US$60 million raise and Blackbird's first investment.

Also SmartCompany·Startup News (WA)·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup News (WA)

Unnamed stage $100m

Brighte bags $100 million to “go deeper” on energytech, but founder Katherine McConnell is keeping a startup mindset

Energy and fintech firm Brighte has raised $100 million from existing backers, led by Grok Ventures, and is moving into retail energy with a new model combining generation and retail.

Also RenewEconomy·Startup Daily·Australian FinTech·Startup Daily·SmartCompany·Fintech News Australia

3 deals

A reusable packaging startup raised $2m in seeding fund with Kim Jackson’s Skip Capital backing it

Reusable household packaging startup Zero Co raised a $2 million seed round led by Kim Jackson's Skip Capital, with returning backer Rob Chapman and Koala's co-founders joining, after earlier pre-seed funding and a Kickstarter campaign.

Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Dealroom

Accelerator $75k

How Adelaide startup Good Thnx facilitated $1 million in charity donations, and built a Slack integration for speedy sales

Profile of Adelaide charity-donations startup Good Thnx after Startmate's demo day, covering its Slack integration, fast enterprise sales, mentor network, a $75,000 investment and $1 million in donations facilitated.

7 deals

Seven startups celebrating million-dollar raises this week

Roundup of seven startup funding deals, led by Airwallex's $57 million Series D add-on, with new raises at Capify, Snappr, LivePreso, TradeSquare, WeMoney and Catalyst.

2 deals

Airwallex adds another $57 million to its Series D, as COVID-19 drives 100% revenue boost

Fintech unicorn Airwallex has extended its Series D with a fresh US$40 million injection, drawing first-time backing from Skip Capital plus Square Peg, as the company reports strong pandemic-driven customer and revenue growth.

Also Startup Daily·Women's Agenda·Australian FinTech·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Australian FinTech·Australian FinTech·TechCrunch Venture

2 deals

Atlassian and Culture Amp alumni launch Pyn and bag $3 million to improve how companies communicate with remote workers

Culture Amp and Atlassian alumni founded Pyn, which raised seed funding led by Accel with Skip Capital and Jay Simons taking part, to improve employer communication with remote workers.

Also SmartCompany·Startup Daily

Unnamed stage $60.5m

SafetyCulture uses $60 million raise to let employees cash in on equity, and takes unicorn crown for itself

SafetyCulture raised $60.5 million led by TDM Growth Partners, reaching a $1.3 billion valuation, with roughly half the money letting long-serving employees sell vested equity.

Also TechCrunch Venture·Startup Daily·SmartCompany·SmartCompany

Unnamed stage $29m

Billionaires backed a brand new healthtech startup using AI to predict IVF pregnancies in a $29 million debut raise

AI healthcare startup Harrison.ai, founded by brothers Aengus and Dimitry Tran, raised $29 million in its first outside round, led by Blackbird Ventures with Horizons Ventures, Skip Capital and Ramsay Health Care taking part.

Also SmartCompany·SmartCompany·Startup Daily·Startup Daily·Forbes Australia

3 deals

“Here for the long term”: Why Brighte is using its latest $15.5 million raise to make an unexpected pivot

Brighte has raised $15.5 million in Series C funding led by AirTree Ventures, with backing from the Atlassian co-founders' funds, Naomi Milgrom and Qualgro, and will expand its financing platform into home improvement.

Also Australian FinTech

Unnamed stage $2.2m

This female founder told investors she had two important projects underway as she raised $2.2 million

Jobs platform Work180 raised $2.2 million led by Skip Capital, with Giant Leap and Investible among new backers; co-founder Gemma Lloyd raised while pregnant, with funds earmarked for US expansion and hiring.

7 deals

Insurance, socks and social enterprise: StartupSmart's 10 startups to watch in 2019

StartupSmart profiles ten startups it expects to do well in 2019, reporting funding rounds for Black.ai, Huddle, Manrags, Matrak and Work180, Fleet's earlier Series A, and the Ongs' past sale of Eatibility.

Also SmartCompany

17 deals

Good tidings we bring: The 10 biggest capital raises of 2018

A year-end roundup of Australia's largest 2018 startup capital raises, covering Judo Capital, Deputy, Airwallex, Inflazome, SafetyCulture, Culture Amp, Canva, Havven, Athena, Ansarada and Data Republic, with investors and earlier rounds recalled.

Also Startup Daily·Techboard·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Techboard·Techboard·SmartCompany·SmartCompany·SmartCompany·Forbes Australia·Crunchbase News·Wholesale Investor

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