Startup · $300k raised
Sydney, NSW
Every published round Medical Angels 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 |
|---|---|---|---|---|---|---|
| Clean Slate Clinic | Venture debt | 14 Apr 2026 | $1.5m | Participant | SmartCompany, Startup Daily | |
| Clean Slate Clinic | Seed | May 2024 | $1.6m | Participant | Startup Daily, SmartCompany | |
| Coviu | Unnamed stage | 7 Dec 2020 | $6m | Participant | Startup Daily (Thu 22 Feb 2024), Startup Daily (Mon 7 Dec 2020), Giant Leap portfolio, Main Sequence Ventures portfolio | |
| Eugene | Unnamed stage | 13 Dec 2021 | $3.2m | Participant | Startup Daily, SmartCompany | |
| GonGlobal | Pre-seed | Mar 2025 | $1.6m | Participant | Startup Daily, SmartCompany, Flying Fox Ventures portfolio | |
| GXE | Series A | Oct 2025 | $3.3m | Participant | Startup Daily, SmartCompany | |
| Telecare | Seed | Aug 2021 | $2.2m | Lead | Startup Daily (Fri 15 Aug 2025), Startup Daily (Wed 3 Aug 2022), LaunchVic (Tue 2 Aug 2022), LaunchVic (Mon 18 Jul 2022) |
Companies Medical Angels has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Clean Slate Clinic | May 2024, Seed | 2 | 0 | |
| Coviu | 7 Dec 2020 | 1 | 0 | |
| Eugene | 13 Dec 2021 | 1 | 0 | |
| GonGlobal | Mar 2025, Pre-seed | 1 | 0 | |
| GXE | Oct 2025, Series A | 1 | 0 | |
| Telecare | Aug 2021, Seed | 1 | 1 |
Fund closes reported for Medical Angels, as distinct from the investments it has made.
Companies Medical Angels has backed that another company then bought. An exit for the holding, not a deal Medical Angels did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Medical Angels is recorded as having been acquired. | ||||
Companies Medical Angels acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Every investor coverage indicates participated in a round Medical Angels raised.
Stories naming Medical Angels. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup: Echo IQ raises $110m through a placement to expand its US diagnostics business; Deputy debuts an AI product; Medical Angels brings on Michael Batko as a venture partner.
Doctor-led syndicate Medical Angels is turning its backing of 30-plus health startups into a $40 million fund, with $4 million banked, and has recruited former Startmate chief Michal Batko as venture partner.
Weekly roundup covering seven raises across the Tasman: Phonely's Series A, Pay.com.au's private placement, and rounds for Atomic Tessellator, Caruso, Deteqt, Clean Slate Clinic and Earthletica, worth roughly $72 million combined.
Also crane.vc
Clean Slate Clinic, which helps people detox from alcohol at home, has secured a $2.8 million convertible note and $1.5 million debt facility from Giant Leap, Scale Investors and Australian Medical Angels.
Also SmartCompany
New York's Teladoc Health has bought Telecare, a Victorian virtual care startup, marking the Alice Anderson Fund's maiden exit. Telecare, a 2021 Startmate participant, previously raised $2.2 million in a seed round.
UNSW Founders partnered with Luminary Partners to invest $200,000 each in 18 early-stage deeptech startups across its 2025 accelerator cohorts, extending prior backing arrangements.
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
Profile of doctor-led angel syndicate Australian Medical Angels covering LaunchVic grants, $300,000 toward a new venture fund, a clinician pre-accelerator, and investments including WeGuide and Coviu.
Weekly roundup covering seven ANZ startup raises — Bare Funerals, Humii, WeMoney, CLT Toolbox, Clean Slate Clinic, SpatialGPT and Great Wrap — plus LaunchVic's $900,000 into Paul Little's Skalata fund.
Also Startup Daily
Weekly roundup listing seven Australian startups and their raises, totalling $17.7 million across AI, packaging materials, fintech, digital health, music licensing, construction software and swimwear.
Also Startup Daily
A Sydney GP who co-founded a medical investment syndicate has taken a principal role at a deep tech venture fund, joining shortly after another investor's promotion there.
LaunchVic's sidecar fund for women-led startups has deployed co-investments across eleven companies in year one, with Telecare, Age Up Health and Conserving Beauty named, and targets 60 founders by 2024.
LaunchVic marks one year of its government-backed Alice Anderson Fund for women-led startups, citing its investments and Telecare's seed round led by Australian Medical Angels.
A weekly roundup reporting ten Australian startups that together raised about $372 million, spanning pet e-commerce, marketplace software, fintech, used cars, cybersecurity, freight, data tools, genetic testing and payments anti-fraud.
LaunchVic has granted $300,000 to clinician syndicate Australian Medical Angels, which plans a Victorian branch investing up to $2 million into ten early-stage health startups, becoming the agency's seventh funded angel network.
Telehealth company Coviu has raised a $6 million round backed by several venture investors after rapid pandemic-driven growth, while its CEO and co-founder was named Founder of the Year at a national awards program.
Also Startup Daily