Corporate / CVC · 1 deal
Every published round MECCA 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.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Try Phantm | Seed | 9 Nov 2023 | $2m | Participant | Startup Daily, SmartCompany, Forbes Australia (Thu 9 Nov 2023), Forbes Australia (Thu 9 Nov 2023), startupscaleup.com.au, worldbiomarketinsights.com, Business News Australia, Black Nova Venture Capital portfolio, Co Ventures portfolio |
Companies MECCA has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Try Phantm | Packaging data software for EPR and APCO reporting | 9 Nov 2023, Seed | 1 | 0 |
Fund closes reported for MECCA, as distinct from the investments it has made.
Companies MECCA has backed that another company then bought. An exit for the holding, not a deal MECCA did.
| Name | Role | Sources |
|---|---|---|
| Ava Chandler-Matthews | SmartCompany, Forbes Australia, Women's Agenda | |
| Kate Casey | Executive (former) | SmartCompany, Women's Agenda, Online Brands Group portfolio |
| Phoebe Simmonds | Executive (former) | Women's Agenda, Online Brands Group portfolio |
| Rebecca Jefferd | Supervisor (former) | SmartCompany, Forbes Australia, Women's Agenda |
Stories naming MECCA. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Global Sisters' Sister Pitch event with Dentsu steered $1m-plus to a dozen Australian ventures led by women; GTAB Parfum, Soni Health and Chocolate On Purpose were standouts, and Google.org funded a 2023 pilot.
Bellabox, an early Australian beauty subscription service, is shutting down this month after rising costs; the piece recalls its 2013 $1.3 million raise and Allure Media's 2014 purchase of half the company.
Melbourne sunscreen brand Ultra Violette has taken its first outside capital, $15 million from US investor Aria Growth Partners, to enter North America; the piece also recalls Aesop and Bondi Sands exits.
Also Forbes Australia·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Forbes Australia
Seven Australian startups together banked over $90 million in the past seven days across venue software, hydrogen aviation, social media, craft brewing, plastics alternatives, aged-care robotics and accountant training.
Also Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Forbes Australia
Alberts marks International Women's Day by profiling Natassia Nicolao, founder of a waterless beauty label, covering her science background, dissolvable products, retail stockists and women-led team.
Alberts Impact Ventures' portfolio company Conserving Beauty has won Telstra's Victorian Accelerating Women business award and will contest the national title in Melbourne; the waterless beauty brand also sells through retailers in Britain.
Ignition Lane's weekly roundup reports Tyro buying Medipass, several startup raises, ASX listings, Hey Tiger shutting down, Airwallex culture complaints, CSIRO's technology spending plan, and Musk's bitcoin antics.
Also Startup Daily
Online Brands Group's post celebrates The Memo, a parenting retailer, which has banked A$20m from Pier 12 Capital and gained Australian Financial Review coverage, with expansion planned for new stores.