Startup · $40m raised
Every investor coverage indicates participated in a round SCX.ai raised.
| Investor | Rounds | Invested |
|---|---|---|
| Ellerston Capital | undisclosed | - |
| Frazis Capital Partners | undisclosed | - |
| Wilson Asset Management | undisclosed | - |
The transaction that ended SCX.ai'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 |
|---|---|---|---|---|
| - | IPO | 2026 | $40m | ARN (ARNnet) (Thu 10 Sep 2026), ARN (ARNnet) (Fri 21 Aug 2026), AFR Technology |
Companies SCX.ai 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 |
|---|---|---|
| David Keane | Founder and CEO (former) | ARN (ARNnet) (Thu 10 Sep 2026), ARN (ARNnet) (Fri 21 Aug 2026), AFR Technology |
Stories naming SCX.ai. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Profile of SouthernCrossAI, which has floated on the ASX and raised $40 million for its onshore AI compute push, plus a DDN partnership; founder David Keane argues Australians should keep data and value onshore.
Weekly roundup: Constantinople raises $62.5m; Blackbird wraps fund six above $1b; Guardhouse buys Mobohubb; SCX.ai debuts on the ASX; plus seed rounds, exits and executive changes across the ecosystem.
SCX.ai's shares fell up to 30 per cent in their first ASX days after the cloud computing firm raised $40 million, with Ellerston Capital, Frazis Capital Partners and Wilson Asset Management anchoring the offer.
Also ARN (ARNnet)·ARN (ARNnet)
ASX page tables ten companies that have applied to list — mostly mineral explorers, plus defence and AI infrastructure plays — showing proposed codes, pricing, amounts sought, timetables and deal advisers.