Ten Aussie startups that raised $39 million this week
Roundup of ten Australian startup raises totalling $38.8 million, topped by Heidi Health's Series A, also recording an Outstaffer executive appointment and the earlier sale of CarAdvice to Nine.
Managing Director, Epho Commercial Solar · angel in 1 deal
| Role | Organisation | Sources |
|---|---|---|
| Managing Director | Epho | ARENA |
| Managing Director | Epho Commercial Solar | RenewEconomy |
Every published round Dr Oliver Hartley 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 |
|---|---|---|---|---|---|---|
| Orkestra | Seed | Oct 2023 | $2m | Participant | Startup Daily (Thu 7 Nov 2024), SmartCompany, Startup Daily (Fri 20 Oct 2023), Rampersand portfolio, Tidal Ventures portfolio |
Companies Dr Oliver Hartley has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Orkestra | Oct 2023, Seed | 1 | 0 |
Fund closes reported for Dr Oliver Hartley, as distinct from the investments it has made.
Companies Dr Oliver Hartley has backed that another company then bought. An exit for the holding, not a deal Dr Oliver Hartley did.
Stories naming Dr Oliver Hartley. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of ten Australian startup raises totalling $38.8 million, topped by Heidi Health's Series A, also recording an Outstaffer executive appointment and the earlier sale of CarAdvice to Nine.
Melbourne renewables software firm Orkestra has secured $2 million in a follow-up seed round led again by Tidal Ventures, alongside Rampersand, Impact Ventures, Luxem and four climate tech investors, with a Series A next.
Epho Commercial Solar has commissioned a 1.7MW rooftop solar plant at a Sydney warehouse, built with an earlier ARENA grant, able to send power behind the meter or trade it on the market.
ARENA grants Epho nearly half a million dollars to build a rooftop solar system that can switch power between tenants and the grid, working with Goodman Group and Siemens in New South Wales.