Startup · $13.4m raised
Canberra, ACT
Every investor coverage indicates participated in a round Penten raised.
| Investor | Rounds | Invested |
|---|---|---|
| Advanced Strategic Capabilities Accelerator | Grant | - |
| Defence Innovation Hub | Grant | - |
Investors whose own portfolio pages list Penten, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Five V Capital | its portfolio page ↗ |
Companies Penten acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Matthew Wilson | Executive Chairman | Defence Connect |
| Sarah Bailey | Chief Financial Officer | Defence Connect |
| Greg Barsby | CEO | Defence Connect |
Stories naming Penten. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
A directory of fifteen Canberra investors backing deep tech, noting ACTivate Capital's fund first close, several government-backed company raises, an incubator's alumni, and one portfolio acquisition.
Industry body commentary on rising investor appetite for defence assets, including notes on ESG policy revisions, prompted by the completed merger of Canberra's Penten with UK firm Amiosec.
ADT and Penten have received federal contracts totalling above $8m through a national defence accelerator, funding year-long electronic warfare prototype projects which, the minister says, secure over 150 jobs.
Also Defence Connect
Australian defence technology company Penten and UK cyber firm Amiosec have agreed to merge, forming a combined digital security provider across both nations, led by Penten's CEO and backed by Five V Capital.
Techboard's roundup lists August 2021 Australian funding events, including raises by TechLend, v2food, Hireup and others, Fresh Equities' CEO-backed investment, and Five V Capital's $50m stake purchase in Penten.
Eight Australian defence small businesses received grants totalling 3.4 million dollars under a government capability program, with individual awards listed for companies including Penten, Gilmour Space and Amiga Engineering.
Eight Australian organisations received Defence Innovation Hub contracts worth over $21 million, funding work on imaging systems, unmanned vessels, data protection, aerial video systems, hull repair research and pilot training simulation.
Several Australian security and technology firms, including Penten and Quintessence Labs, received Defence Innovation Hub contracts totalling over $21 million, with individual grants detailed.
Also @AuManufacturing
Seventeen cybersecurity projects share the final round of the federal government's AustCyber Projects Fund, with details released for thirteen recipients and their matched industry funding.
Also ARN (ARNnet)