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Investor · 12 deals

SEEK

Coverage

Stories naming SEEK. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

5 deals

Square Peg raises over $1 billion for new funds amid AI bonanza

Venture firm Square Peg has confirmed two funds holding more than $1 billion between them, alongside a look back at its biggest bets, sell-downs and the acquisitions that delivered windfalls.

Also Dealroom

4 deals

Square Peg Investor Letter Half Year Report 30 June 2026

Square Peg's half-year investor letter reports two funds reaching final close, three exits including Talon.One's sale to Adyen, realisations past US$1bn, and a framework for judging AI disruption across its portfolio.

Also Forbes Australia·This Week in Australian Startups

10 deals

Eight Aussie startups that raised $104.4 million this week

Weekly roundup of eight Australian startup raises, led by Sonder's $40 million round, plus AMP's $20 million raise and acquisition of the Shopify app Back in Stock.

Also Startup Daily·Defence Connect·SmartCompany·Startup Daily·Startup Daily·Defence Connect·Forbes Australia

Unnamed stage $80m

Catch: A business timeline, in their words

Retrospective timeline of Catch's journey from its 2006 launch through Tiger Global's investment, the Menulog and Luxury Escapes deals and Wesfarmers' $230 million acquisition, to Wesfarmers' announced wind-down.

2 deals

Affinda named fastest growing AI company in Australia, closes further $10m raise

Melbourne document-AI firm Affinda, founded by Tim and Ben Toner, closed a $10m round from family offices and wealthy individuals after an earlier $13m raise; Deloitte ranked it the nation's fastest-growing AI company.

Also Startup Daily·SmartCompany·Startup Daily

5 deals

Breakthrough Victoria posts $3 million loss

The Victorian government's VC fund Breakthrough Victoria slipped to a loss, its annual report showing startup investments, cost cutting and boardroom departures amid criticism of its spending and performance.

Also Startup Daily·Startup Daily·SmartCompany·Startup Daily

2 deals

12-year-old document processing scaleup rides AI wave with $10 million raise

Melbourne document-analysis company Affinda has pulled in $10 million from its previous backers at double its earlier valuation, and Christine Christian has joined its board.

Also Forbes Australia

Funding announcement

Bringing our venture DNA to the public markets: Square Peg's Global Tech Fund

Square Peg profiles its Global Tech Fund, a listed-markets strategy applying its venture investing approach to early-stage public tech companies, and outlines its team, edge, and focus on fintech, software and AI.

Also Square Peg Capital portfolio

3 deals

‘More than just a venture capital firm’: $2 billion sovereign fund Breakthrough Victoria hits back at critics who want it abolished

Breakthrough Victoria defends its spending and investment record against critics urging its abolition, pointing to portfolio companies, university partnerships and recent backing of startups including Aravax.

6 deals

Five ANZ startups that raised $36.4 million this week

A weekly roundup detailing five raises across Australia and New Zealand: Marmalade, Cauldron, Prophet, Hola Health and Buddy, naming amounts, lead backers and founders.

4 deals

LaunchVic has picked the final 10 startups it thinks have unicorn potential in the 30×30 program

LaunchVic has selected ten scaleups for the last intake of its 30X30 mentoring program, which pairs their leaders with mentors from unicorn companies; the 20 earlier participants have together raised over $98.7 million.

Also RenewEconomy·RenewEconomy

News

Jonny Dawson

Dom Pym discusses his journey from engineering to founding Up Bank and now investing via Euphemia, focusing on social good and underrepresented founders.

Seed $7m

Why We Invested in Hatch

Aura Ventures explains its seed investment in Hatch, an Australian jobs marketplace for young professionals co-founded by Adam Jacobs and Chaz Heitner, alongside Rampersand, Investible, Jelix Ventures and Alberts.

Also Alberts Impact Ventures portfolio·Aura Group portfolio·Startup Daily·Early VC·SmartCompany·Forbes Australia·SmartCompany·Forbes Australia

Series A $12.5m

Melbourne AI startup set for global expansion after $12.5 million raise

AI search startup Marqo has landed a $12.5 million Series A and is relocating its headquarters to San Francisco, while LaunchVic statistics show Victoria's ecosystem grew in value despite a funding drop.

2 deals

Series F News: Employment Hero raises $263 million to take its mission global

Blog announcement of Employment Hero's 263 million Australian dollar Series F, with TCV leading and Insight Partners, AirTree, Seek and OneVentures also participating; the post also unveils the Hero Foundation.

Also Tech Funding News - Australia·TechCrunch Venture·SmartCompany·Startup Daily·Techboard·SmartCompany·Startup Daily·Forbes Australia·Forbes Australia·employmenthero.com·TechCrunch Venture

3 deals

Series F News: Employment Hero raises $263 million to take its mission global

Press release announcing Employment Hero's A$263 million Series F led by TCV, with earlier backers participating, a valuation just under $2 billion, AI-focused global expansion plans, and a look back at the KeyPay acquisition.

Also Tech Funding News - Australia·TechCrunch Venture·SmartCompany·Startup Daily·Techboard·SmartCompany·Startup Daily·Forbes Australia·Forbes Australia·employmenthero.com·TechCrunch Venture

5 deals

From zero to Employment Hero

Sydney HR-and-payroll firm Employment Hero announced a TCV-led Series F reaching unicorn valuation; the profile covers its products, remote workforce and global ambitions, citing rival raises.

Also Tech Funding News - Australia·TechCrunch Venture·SmartCompany·Startup Daily·Techboard·SmartCompany·Startup Daily·Forbes Australia·Forbes Australia·employmenthero.com·employmenthero.com

13 deals

What venture capital funds expect in 2023

Australian venture investors AirTree, Blackbird, Square Peg and OneVentures review their 2022 deployment and fund raises and predict capital efficiency, venture credit, consolidation and selective funding will shape 2023.

Also Blackbird Ventures portfolio·Virescent Ventures·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·RenewEconomy·TechCrunch Venture·Forbes Australia

4 deals

Former Hey You founder raises another $6.2 million for hospitality ordering startup

Hospitality ordering platform Ordermentum, cofounded by Adam Theobald, raised $6.2 million in July, with earlier raises in 2017 and 2021 and a secondary stake sale by RoZetta also recounted.

Also SmartCompany·Startup Daily

2 deals

Go1 nabs $100M at a $2B+ valuation to upgrade its curated enterprise learning platform

Also Crunchbase News·TechCrunch Venture·SmartCompany·Startup Daily·Tech Funding News - Australia·Techboard·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·edtechchronicle.com·go1.com·Crunchbase News·TechCrunch Venture

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