Saluda Medical

The 10 biggest capital raises by Australian startups in 2023

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.

Canberra-based satellite maker Skykraft raises $120 million

Canberra satellite firm Skykraft has raised $120 million to manage air traffic from space, with backing from Foresight Australia, OPTrust and Main Sequence; the round trails only Saluda Medical's this year.

Also Startup Daily·@AuManufacturing·proactiveinvestors.com·Startup Daily·SmartCompany·SmartCompany

$810 million in three months: The biggest VC deals revealed

A quarterly Cut Through Venture survey reports Australian startups raised $810 million across 90 deals in Q2 2023, listing the largest rounds and noting improved investor sentiment despite a sluggish first half.

Also SmartCompany

FUNDED April 2023

Techboard's monthly roundup counts 40 Australian startup raises worth $498m in April 2023, headlined by Saluda Medical and Eucalyptus, plus smaller rounds and fund closes by Purpose Ventures and Proto Axiom.

FUNDED MARCH 2022

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.

Also SmartCompany·Australian FinTech

Elastagen receives $4m from NSW Health Medical Devices Fund 2016

NSW Government's 2016 Medical Devices Fund awarded $8.6 million to four medtech companies, Elastagen getting $4 million; earlier winners Saluda Medical and Atomo Diagnostics also feature, the latter having lately drawn Gates Foundation money.