Steve Baxter's defence tech VC firm Beaten Zone closes debut fund at $26 million
Steve Baxter's Brisbane defence-tech venture firm Beaten Zone has wrapped its first fund at $26 million, with Baxter the largest backer at $6 million of his own money.
Company
Every investor coverage indicates participated in a round Shark Tank raised.
Companies Shark Tank 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 |
|---|---|---|
| Steve Baxter | Judge (former) | Business News Australia |
Stories naming Shark Tank. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Steve Baxter's Brisbane defence-tech venture firm Beaten Zone has wrapped its first fund at $26 million, with Baxter the largest backer at $6 million of his own money.
US Shark Tank investor Robert Herjavec has taken an undisclosed personal stake in Melbourne data platform Zetaris and joined it to lead global strategy; existing backers include Exto Partners and In-Q-Tel.
Roundup of seven Australian startups whose raises total $11.8 million, spanning cybersecurity, proptech, seaweed, drinks, antiques, campervan housing and outdoor advertising, plus a government grant to Fremantle Seaweed and the shutdown of Voly.
Also Startup Daily·Startup Daily·Early VC·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Early VC
Birth Beat founder Edwina Sharrock reflects on the maternity-education company's acquisition by Device Technologies, recalling its awards, accelerator stint and seed round, and outlining plans to back female founders.
Profile of Showpo founder Jane Lu, who joins the investor panel on Shark Tank's upcoming season, covering her leap from accounting, the fashion business she built, and her plans to back founders.
Profile of reusable bag maker The Swag, whose sales jumped during COVID-19. Founder Peita Pini discusses growth, a Shark Tank deal that fell through, US expansion plans, and reduced donations to Destiny Rescue.
Plastiq.it, a cashback rewards startup co-founded by Andrew Banks, closed its $400,000 equity crowdfunding offer ahead of schedule, valuing the business at $12.9 million after an earlier $1.15 million raise.
Be Fit Food's co-founder recalls a 2017 Shark Tank pitch that won Janine Allis's backing, rescuing the struggling meal program and driving rapid sales growth, as she mourns the show's indefinite shelving.
A funding roundup reporting raises by training marketplace GO1, online grocer YourGrocer and wearable payments startup Inamo, alongside government grant funding and accelerator programs backing Australian startups.