Six Aussie startups that raised $123.2 million this week
A weekly roundup detailing new funding rounds for six Australian startups: Lyka, PlasmaLeap, Firmable, Veyor, Lumonus and Future Minds Network, with investors and round details.
Venture capital fund · 7 deals
Sydney, NSW
Every published round SpringCapital 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 SpringCapital has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Veyor | 6 Mar 2026, Series A | 2 | 0 | |
| Aerotruth | 22 Dec 2022, Seed | 1 | 0 | |
| Avertro | 11 Nov 2020 | 1 | 0 | |
| Kaddy | 2 Jun 2020 | 1 | 0 | |
| Morse Micro | 9 Sep 2022, Series B | 1 | 0 | |
| Outstaffer | 25 Oct 2023 | 1 | 0 |
Fund closes reported for SpringCapital, as distinct from the investments it has made.
Companies SpringCapital has backed that another company then bought. An exit for the holding, not a deal SpringCapital did.
Stories naming SpringCapital. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
A weekly roundup detailing new funding rounds for six Australian startups: Lyka, PlasmaLeap, Firmable, Veyor, Lumonus and Future Minds Network, with investors and round details.
Sydney construction logistics software firm Veyor has banked US$7.5 million in Series A money, with Marbruck Investments leading and CoAct, Investible and SpringCapital taking part; CEO Richard Fifita is relocating stateside.
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Roundup of ten Australian startup raises totalling $38.8 million, topped by Heidi Health's Series A, also recording an Outstaffer executive appointment and the earlier sale of CarAdvice to Nine.
Outstaffer, a Victorian HR tech platform, has secured $1.5 million from outside investors in a round co-led by its chief operating officer, funding product development and a planned US expansion.
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A year-end roundup listing six recent startup raises, giving amounts, lead investors and co-investors for Tic:Toc, 5B, Syenta, Vively, Aerotruth and Potiki, plus each company's stated plans for the money.
Wi-Fi HaLow chip maker Morse Micro raised a further $30 million for its Series B from Australian superannuation funds, lifting the round to $170 million; its earlier seed and Series A raises are also recapped.
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Avertro's CEO recounts his cybersecurity startup's first year: forming the company after Antler's program, joining CyRise, early hires and customers, then closing an oversubscribed round led by Black Nova Group.
Drinks marketplace Kaddy has secured $3.5 million from existing and new backers despite pandemic pressure, following an $800,000 seed round last year, with revenue nearly doubling month on month.
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