Investor · 1 deal
Every published round METS Ignited 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 |
|---|---|---|---|---|---|---|
| GeoMoby | Unnamed stage | 4 Feb 2023 | $3m | Participant | Startup News (WA) (Fri 14 Apr 2023), Startup News (WA) (Sat 4 Feb 2023), Startup Daily, SmartCompany |
Companies METS Ignited has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| GeoMoby | 4 Feb 2023 | 1 | 0 |
Fund closes reported for METS Ignited, as distinct from the investments it has made.
Companies METS Ignited has backed that another company then bought. An exit for the holding, not a deal METS Ignited did.
Stories naming METS Ignited. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
A Canadian mining technology firm is setting up an Adelaide office, backed by South Australian government program funding, to adapt its rock-fracturing process for lunar mining alongside local research partners.
Two Perth startups have each secured $3 million. GeoMoby drew mostly French backers plus Agreement Hub and a METS Ignited grant; Vedi raised mainly from MSD Animal Health, with Companion Fund also taking part.
Weekly roundup covering 14 startup raises totalling over $260 million, headlined by Synchron's $110 million round, plus Roller's shareholder liquidity payout, Partly's record New Zealand Series A, and several government grants.
Also GrainCorp Ventures·SmartCompany·Startup Daily·SmartCompany·@AuManufacturing·SmartCompany·Startup Daily·Startup Daily·Techboard·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·Startup News (WA)·Startup News (WA)
QuantumTX's 2022 space and technology incubator has awarded $750,000 across 30 Australian companies, half from Western Australia, working in remote operations fields including robotics, AI and satellite communications.
Zero Automotive commissioned its first single-cab electric mining ute at a Western Australian mine site after delivery to Barminco, the second vehicle funded by METS Ignited's $400,000 project investment.
METS Ignited has granted over $2.5 million in matched funding to six mining technology companies to scale commercialisation, bringing its six-year investment past $13 million across 26 projects.
WA incubator QuantumTX, founded by Atomic Sky, names its first cohort of ten tech companies working across mining, energy and defence to enter the global space sector.
Compliance app QuickSafety is seeking $1.3 million in a newly opened seed round, after an oversubscribed pre-seed closed in February 2018; supporters include Microsoft, Suncorp Metway, CCIQ, BlueChilli and the METS Ignited accelerator.