Ledger.

Startup · $17.5m raised

Swoop Aero

Melbourne, VIC

Coverage

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

Funding announcement

From 0 to 4.5 billion: how the Startmate pay-it-forward mentorship model built a startup powerhouse

Startmate reflects on a decade of backing founders, profiling breakout alumni across its cohorts and describing how its mentors reinvest in newer startups, alongside its fund model and returns.

Pre-seed

Our investment in Breaker: Physical AI that Supercharges Teams and Missions

Main Sequence's blog post announces it led robotics software startup Breaker's pre-seed round, citing the founders' defence and robotics backgrounds and plans to expand the team and US presence.

Series B $16m

Drone delivery startup Swoop Aero stalls, lands in administration

Drone delivery company Swoop Aero has entered voluntary administration after its cofounder blamed investor pressure; administrators now seek a buyer or recapitalisation. The piece recalls its 2021 Series B and 2018 Startmate stint.

Also Startup Daily

Series B $16m

Drone delivery startup Swoop Aero raises $16 million Series B

Drone logistics company Swoop Aero has raised a Series B led by Main Sequence, with Giant Leap and In-Q-Tel participating, to enter new markets and expand manufacturing.

Also @AuManufacturing·Startup Daily·Startup Daily·TechCrunch Venture

18 deals

Ignition Lane's Weekly Wrap: E-I-E-IPO, Pause Fest goes on permanent pause, New Zealand raises ramp up

Weekly roundup reporting numerous Australian and New Zealand startup raises, Icehouse Ventures securing fund capital, GitLab's IPO, two acquisitions, Clover's closure, and Openpay's debt facility.

Also Startup Daily

Fund close

Space tech incubator Moonshot has its first investment fund and is now on the hunt for space startups to back

Space incubator Moonshot has closed its first investment fund and opened applications for its next accelerator, having earlier put $300,000 into four startups via a Startmate partnership.

Also Startup Daily

6 deals

YOU DESERVE A RAISE: The week's major startup funding rounds

A weekly roundup reporting several Australian and New Zealand startup raises, including Circle In, Equiem, HealthChase, RateIt, Swoop Aero and Tell Me Baby, plus startup funding via Mars and Antler programs.

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