Potentia Capital

🇦🇺 This Week in Australian Startups #180, 4th October 2026

Weekly roundup reporting Australian startup funding rounds and government grants, a venture fund close, agreed acquisitions, an IPO pricing, a collapse, plus executive hires and AI policy developments.

HotDoc goes from GP to PE as founder confirms sale to Potentia

SmartCompany reports HotDoc, a platform for booking GP appointments, has sold a majority stake to private equity buyer Potentia; the price was not disclosed, with Airtree and Acclivis Group among remaining owners.

Also Startup Daily

Bowen names 16 winners of Australia’s biggest battery storage tender

Australia names 16 battery storage projects as winners of its largest Capacity Investment Scheme tender, totalling 4.13 GW, with EnergyAustralia, Atmos Renewables, Equis, Akaysha Energy and others among the successful bidders.

Ellerston JAADE New Investment: Nitro

Ellerston's JAADE fund says it invested in Nitro Software alongside Potentia Capital, part of the takeover that delisted the document productivity software company from the ASX.

Adam Schwab: Nitro rejects $400 million Potentia offer despite rising costs and recorded losses

Potentia's $400 million takeover approach for ASX-listed software firm Nitro was rejected, with the column examining Nitro's widening losses, executive pay, and Potentia's separate pursuit of payments company Tyro.

FUNDED JUNE 2022

Techboard's monthly roundup logs June 2022 Australian funding events, including GO1's Series E, Edrolo's Series B, two acquisitions, several new funds reaching closes, and accelerator intake announcements.

Also Techboard

Ignition Lane's Weekly Wrap: The Great Reengagement, backing Web3, riding the markets & the big local raises

Ignition Lane's weekly tech roundup: AirTree raises $700m across three new funds, dozens of Australian startups announce rounds, a wave of acquisitions including Block completing its Afterpay buy, plus Web3 commentary and US market moves.

Also SmartCompany·Startup Daily·Startup Daily

EstimateOne picks up $35 million in first raise

Melbourne construction procurement platform EstimateOne has raised its first external capital, $35 million from Potentia Capital and investor Leigh Jasper, whose firm's partner and managing director now join the company's board.

Also Startup Daily·Techboard·LaunchVic

Ignition Lane’s Weekly Wrap: Canva’s rise, Clubhouse plays Twitter, Slack’s Australian slog

Ignition Lane's weekly roundup covers Canva's US$71 million raise, several Australian payments acquisitions and mergers, local raises by Cyble, Enboarder, Rendr and Basiq, plus overseas deals including Plaid, Box, Ramp and Coinbase's listing.

Also Startup Daily·Startup Daily

Linkly acquire Premier Technologies' fintech business in multi-million dollar deal

Payments firm Linkly is acquiring Premier Technologies' payments platforms, a deal expected to triple its value, add over 50 staff and Asian reach; backer Potentia Capital invested in 2019.

Pacific Knowledge Systems IPO roadshow Kicks off with the hope to raise $22 Million

Healthcare software firm Pacific Knowledge Systems has begun an IPO roadshow seeking $22 million, with Bombora Investment Management as lead investor, ahead of expected January 2019 trading under ticker PKS.