Startup · $4m raised
Sydney, NSW
Every investor coverage indicates participated in a round Portt raised.
| Investor | Rounds | Invested |
|---|---|---|
| CVC Emerging Companies Fund | Unnamed stage | - |
The transaction that ended Portt's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Advanced | Acquisition | 8 Mar 2022 | - | Techboard, Startup Daily |
Companies Portt 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 |
|---|---|---|
| Andre Pinkowski | co-CEO · Founder | SmartCompany, @AuManufacturing, Startup Daily (Tue 8 Mar 2022), Startup Daily (Mon 17 Feb 2020) |
| Chris Holmes | co-CEO · Founder | Startup Daily (Tue 8 Mar 2022), Startup Daily (Mon 17 Feb 2020) |
Stories naming Portt. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Melt Ventures has closed a $10 million fund for hardware-focused climate tech and named its first investments, including Endua's $11.8 million pre-seed round backed by Melt, Main Sequence, QIC, 77 Partners and Ampol.
Also @AuManufacturing·SmartCompany·Startup Daily·Startup Daily·@AuManufacturing·mgathermal.com
Hardware-focused venture fund Melt Ventures has secured $10 million for its first fund, backed by new angel investors and family offices plus earlier supporters, and has already invested in three energy storage startups.
Techboard's March 2022 roundup of Australian funding: megadeals by Immutable, Saluda Medical, Linktree and Zeller, many smaller raises, acquisitions, an IPO, several fund closes, and companies still seeking capital.
Sydney procurement software firm Portt has been bought by UK company Advanced for an undisclosed sum, fourteen months after Portt raised $4 million in venture funding.
Also Techboard
Sydney procurement software firm Portt has taken its first outside funding, a $4 million round led by CVC Emerging Companies Fund, after a decade bootstrapping, to expand supply chain transparency and tackle modern slavery risks.
Also Startup Daily