Venture capital fund · 23 deals
Sydney, NSW
Every published round Regal Funds Management 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 Regal Funds Management has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| ALEX | 16 Sep 2021, Series C | 1 | 0 | |
| Alex Bank | 2022, Series C | 1 | 0 | |
| Baraja | 29 Mar 2021, Series B | 1 | 0 | |
| Buildxact | 1 Feb 2022, Series A | 1 | 1 | |
| Butn | 22 Feb 2021 | 1 | 0 | |
| Canibuild | 18 Apr 2022, Series A | 1 | 0 | |
| Carma | 28 Mar 2025, Venture debt | 1 | 1 | |
| DesignCrowd | 2 Feb 2021 | 1 | 0 | |
| Firmus Technologies | GPU-powered AI cloud and scalable compute infrastructure | Sep 2025, undisclosed | 2 | 0 |
| Metigy | 23 Nov 2020, Series B | 1 | 0 | |
| Mosh | 7 Feb 2022 | 1 | 0 | |
| Packform | 12 Oct 2021 | 1 | 0 | |
| Send Payments | 2023, Series B | 3 | 0 | |
| Sharon AI | Dec 2025, Venture debt | 1 | 0 | |
| Shaype | 27 Sep 2022, Series C | 1 | 1 | |
| Songtradr | 25 Jun 2021, Series D+ | 1 | 0 | |
| Superhero | 14 Apr 2021 | 2 | 0 | |
| Thinxtra | IoT solutions for asset tracking, smart facilities and utilities | Jun 2023, Bridge / extension | 1 | 0 |
| Till Payments | 23 Nov 2021, Series C | 1 | 0 |
Fund closes reported for Regal Funds Management, as distinct from the investments it has made.
Companies Regal Funds Management has backed that another company then bought. An exit for the holding, not a deal Regal Funds Management did.
| Name | Role | Sources |
|---|---|---|
| Jessica Farr-Jones | Portfolio Manager | Startup Daily (Thu 27 Mar 2025), Startup Daily (Wed 2 Feb 2022), iTnews, buildxact.com |
| Phil King | Founder | BW Equities |
| Phil King | Chief Investment Officer (former) · Founder | SmartCompany, Startup Daily (Fri 7 Aug 2026), Startup Daily (Fri 6 Feb 2026), Startup Daily (Tue 16 Sep 2025), ARN (ARNnet) |
| Phil King | Founder | SmartCompany, Startup Daily, Australian FinTech |
| Philip King | Chief Investment Officer | Startup Daily (Mon 3 Oct 2022), Australian FinTech, Startup Daily (Wed 2 Feb 2022) |
Stories naming Regal Funds Management. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Two raises reported: Superhero has banked $20m of a hoped $30m round led by Salter Brothers at a $176m valuation, while New Zealand crime-intelligence startup Azonic took NZ$1m in a Blackbird-led pre-seed.
Filings show Canva backed Sharon AI's US$103 million December 2025 raise with Regal, Ellerston, Digital Alpha and others; the Sydney compute provider has since floated on Nasdaq and raised US$2.15 billion more.
Also Dealroom
Roundup of four Australian raises: Firmus Technologies' US$2 billion round at a $15 billion valuation, Eudaemon's $3.75 million, Zabidou's $3.5 million seed round, and Rampart's $2.3 million.
Firmus has secured a further US$2bn at a $15bn valuation from Coatue, Nvidia, Blackstone and Jane Street, taking its 12-month capital intake past US$3bn to fund Australian AI data centre projects.
Also SmartCompany·SmartCompany·AFR Technology·Business News Australia·This Week in Australian Startups·Techmeme·Cut Through Venture·AFR Technology·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·iTnews·Forbes Australia·DealStreetAsia·Forbes Australia·Mirage News·SMH Business·ABC News Technology·The Age Business
Firmus Technologies received a $100 million strategic investment from Maas Group Holdings, taking total funds raised past $900 million in under five months.
Firmus, an AI data centre builder, has received a further $100 million from Maas Group, lifting its five-month total past $900 million; Maas also sold its construction-materials arm for $1.7 billion.
Online used-car platform Carma slid on its ASX debut after a $70 million IPO; the piece recalls its earlier seed, Series A and convertible note raises and names its backers.
Metigy co-founder David Fairfull has admitted in court to deceiving investors and misusing his director role, after the marketing software startup's raises were built on fabricated figures before its 2022 collapse.
The co-founder and ex-CEO of collapsed marketing software firm Metigy has admitted to deceiving investors and misusing his director role in a corporate regulator prosecution.
Also SmartCompany
Funding roundup covering five raises totalling $340.2 million: Firmus's Nvidia-backed round, plus H3D, Puralink, Escape This and Isaacus, across AI infrastructure, health tech, robotics, entertainment and legal AI.
Also SmartCompany
Australian-founded data centre firm Firmus, based in Singapore, has raised $330 million with Nvidia backing and Ellerston Capital leading, reaching a $1.85 billion valuation and unicorn status ahead of a planned 2026 ASX listing.
Also Startup Daily·Cut Through Venture·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·techpartner.news·cfotech.com.au·digitrendz.blog·Business News Australia·Forbes Australia·Forbes Australia·Forbes Australia·Mirage News
Weekly roundup detailing five Australian raises: Vaxxas' Series D plus debt facility amid executive changes, Skutopia's growth round, Send Payments' backing and CEO change, Apate.ai's seed, and Coursebox's seed.
Also Startup Daily·SmartCompany·Australian FinTech·Dealroom·Startup Daily
Nexsen, a biotech developing rapid pregnancy diagnostics for GBS, has kicked off an IPO aiming for ASX listing by end of September; Regal is named as an earlier backer.
Cross-border payments firm Send has landed a five-million-dollar round backed by iPartners and existing backers, and named payments veteran Matt Barr chief executive while co-founder Paul Billing steps back.
Also Startup Daily·Australian FinTech·Business News Australia
Share trading and super platform Superhero has raised $11 million from existing backers, lifting its post-money value to $150 million, with plans to build tools that give investment advice.
Also SmartCompany
Sydney second-hand car marketplace Carma has secured a $30 million convertible note co-led by Regal Funds Management and Tiger Global, with General Catalyst and Five V also taking part, as it weighs an IPO.
Superloop's board has rejected Aussie Broadband's merger proposal as too low, with Aussie already holding a 19.9% stake; the piece also recalls Superloop's VostroNet purchase and Aussie's Symbio buyout.
A year-end SmartCompany roundup counting down 2023's ten largest Australian startup raises, headed by Employment Hero's $263m Series F, with investor details and commentary on fewer mega-rounds and continued under-representation of women co-founders.
Sydney payments company Till Payments secured a $70 million Series D led by Silva Fortune weeks after cutting 120 staff, with new board members joining and a US listing planned.
Also Australian FinTech·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Forbes Australia
Send Payments closed an oversubscribed $11.5m Series B with Shaw & Partners leading the raise and Regal, Ophir and Wunala as new investors, to fund European expansion and enterprise FX growth.
Share trading platform Superhero is demerging from crypto exchange Swyftx, its founders resuming control via a management buyout backed by earlier investors, as Swyftx contends with crypto downturn and repeated staff cuts.
Ignition Lane's weekly tech roundup covering fresh Australian startup raises, new venture funds and closes, a wave of acquisitions, delistings and a liquidation, executive moves, and Canva's product launch.
Also Centerstone Capital portfolio·Startup Daily·SmartCompany·6clicks.com·ARN (ARNnet)·Centerstone Capital portfolio·Techboard·Startup Daily
Australian embedded finance platform Shaype has added $33 million to its Series C round, led by Regal Funds Management with family offices participating, to fund team growth and international expansion.
Also Startup Daily·Techboard
Adtech startup Metigy has entered administration with Cathro & Partners appointed and 75 jobs lost, 20 months after a $20 million Series B; proptech Yabonza also entered administration last week.
Also SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily
Buildxact has completed an oversubscribed $18.5 million Series A, with Shearwater Capital among the backers and Regal Funds Management leading; several other investors also joined.
Building software startup canibuild has banked an $8 million Series A, with EVP leading and Regal Funds Management also taking part, to fuel its expansion across existing and new markets.
Also Techboard
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.
Australian men's health startup Mosh has secured $25 million in fresh capital from Hims co-founder Joe Spector, Washington H. Soul Pattinson and Regal Funds Management, with existing backers Parc Capital and Thorney also participating.
Also Startup Daily
Recruitment tech firm Applyflow has signed Hudson as the first major client of its Applypay instalment product for recruitment fees, and separately disclosed a recent $5.7 million capital raise from institutional investors.
Hydralyte's North American arm, run by former Swisse executives, has begun an institutional roadshow for a $17 million ASX listing planned for December, with BW Equities handling the raising.
Also BW Equities
Battery developer Gelion has closed an oversubscribed £6 million pre-IPO round ahead of a planned London AIM listing, backed by Regal Funds Management, a Singapore fund, Elphinstone Group and the University of Sydney.
Packform, an Australian packaging marketplace, raised $25 million from institutional investors at a $150 million valuation, with an IPO planned within six months as it prepares to expand internationally.
Payments company Till Payments has secured a $110 million Series C from Avenir Growth, Woodson Capital, Akuna Capital and returning backer Regal Funds Management, lifting its total funding to $145 million.
Also Australian FinTech·Startup Daily·Startup Daily·Startup Daily·Australian FinTech·Australian FinTech
Digital lender Alex Bank closed a Series C round over $20 million at a valuation above $120 million, adding new backers including Washington H. Soul Pattinson, and appointed a chair and two directors.
Also SmartCompany·SmartCompany·Australian FinTech·Australian FinTech
Digital lender Alex closed a $20 million Series C valuing it above $120 million, backed by investors including Washington H. Soul Pattinson, and added three new directors to its board.
The Fertility Partners closed roughly CAD$90 million to build a Canada-wide IVF clinic network, led by HEAL Partners; the article also recalls Dental Corporation's past sales to Bupa and L Catterton.
US music licensing marketplace Songtradr closed a US$50 million Series D backed by Australian institutions and Richard White, valuing it at US$300 million, after acquiring MassiveMusic, Tunefind, Pretzel, Song Zu and Cuesongs.
Also SmartCompany
Israeli insurance-marketing software firm Gefen Technologies has lodged an ASX IPO seeking A$25 million at a $127 million market capitalisation, having earlier raised $6.5 million in seed funding from several Australian fund managers.