Vedi and GeoMoby each raise $3M
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.
Corporate / CVC · 2 deals
Every published round MSD Animal Health 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 |
|---|---|---|---|---|---|---|
| VetDB | Seed | 26 Mar 2021 | - | Participant | Startup News (WA) (Tue 6 Jul 2021), Startup News (WA) (Fri 26 Mar 2021) | |
| Vedi | Unnamed stage | 4 Feb 2023 | $3m | Lead | Startup News (WA), SmartCompany, Startup Daily |
Companies MSD Animal Health has backed in a published round, and companies whose existing shares it bought off another holder.
Fund closes reported for MSD Animal Health, as distinct from the investments it has made.
Companies MSD Animal Health has backed that another company then bought. An exit for the holding, not a deal MSD Animal Health did.
| Name | Role | Sources |
|---|---|---|
| Oleksiy Nagornyy | Lead of Companion Animal Technology Solutions | Startup Daily |
Stories naming MSD Animal Health. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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 of Australian raises: Bloom's seed round, Vedi's animal-health funding, Alii's pre-Series A, and Code Like A Girl's government grant, alongside other WiSE grant recipients.
Also SmartCompany
Perth veterinary tech startup Vedi raised $3 million from MSD Animal Health and New York's Companion Fund to expand its pet medical record platform in Australia and the UK.
Vet data startup VetDB has received a $478,000 federal Accelerating Commercialisation grant, following an earlier investment from MSD Animal Health, helping it commercialise its verifiable pet medical records platform globally.
Also Startup News (WA)
Australian pet microchip records startup VetDB has attracted MSD Animal Health, Merck's animal health arm, as a new investor in its third seed round, with funds earmarked for growth and national expansion.
Also Startup News (WA)