Venture capital fund · 7 deals
Melbourne, VIC
Every published round Pacific Channel 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.
Companies Pacific Channel has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Conry Tech | 13 Dec 2024, Pre-seed | 1 | 0 | |
| Fluent | 4 Aug 2026, Seed | 1 | 0 | |
| Formus Labs | 4 Feb 2022 | 1 | 0 | |
| Green Gravity | Oct 2024 | 2 | 0 | |
| Navi Medical Technologies | 4 Aug 2026 | 1 | 0 | |
| Phnxx | Mar 2025, Seed | 1 | 0 |
Fund closes reported for Pacific Channel, as distinct from the investments it has made.
Companies Pacific Channel has backed that another company then bought. An exit for the holding, not a deal Pacific Channel did.
Stories naming Pacific Channel. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of eight Australian and New Zealand startups whose late-July funding totals $102 million across space capsules, medical devices, livestock breath analysis, sports analytics and AI crop forecasting.
Melbourne and Boston medical device firm Navi Medical Technologies has closed a 6.8 million dollar round led by KP Rx to commercialise its neonatal catheter technology in the United States.
Also Startup Daily·navitechnologies.com·meditechtoday.com·PR Newswire·vir.com.vn·SmartCompany·raising.fi·finsmes.com·finance.yahoo.com·Startup Daily·bushletter.com·medicalbuyer.co.in
Weekly roundup of ten Australian and New Zealand startup raises totalling nearly $194 million, topped by Neara's $90 million round at a $1.1 billion valuation, with Splose, Operata, HAMR Energy and Adora also covered.
Victorian modular energy startup Phnxx raised $1.8 million in seed funding from Synertec, ENGIE Factory, Pacific Channel and LaunchVic's Hugh Victor McKay Fund to scale containerised solar and battery systems.
Conry Tech, a Melbourne maker of low-emission air conditioning, banked $1.6 million pre-seed from Bandera Capital, with New Zealand VC Pacific Channel chipping in, to commercialise its modular cooling units.
Wollongong energy storage venture Green Gravity has secured $9 million from HMC Capital, BlueScopeX, Pacific Channel and SCAP H to advance testing of its system that repurposes disused mineshafts for gravitational energy storage.
Also RenewEconomy
New Zealand surgical-planning startup Formus Labs raised US$5 million led by GD1 to launch its 3D joint replacement planner and expand into the US, with backing from four other investors and a Zimmer Biomet partnership.
Also Startup Daily
Wholesale Investor profiles Altive's Unicorns Fund, a closed-end private equity vehicle backed by Alibaba and Pacific Century Group, opening pre-IPO technology opportunities to Australian investors, with a team drawn from Goldman Sachs and Macquarie.