Venture capital fund · 3 deals

Tank Stream Ventures

Sydney, NSW

Disclosed deals

Every published round Tank Stream Ventures 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.

Company	Stage	Announced	Amount	Role	Alongside	Sources
Your Grocer	Unnamed stage	13 Dec 2016	$1.3m	Lead	Giant Leap Cyan Ta'eed Collis Ta'eed Mike Rosenbaum Michael Doubinski	SmartCompany, Giant Leap portfolio
Go1	Seed	12 Dec 2016	$4m	Participant	Transition Level Investments Blue Sky Ventures Black Sheep Capital Full Circle Ventures YC Steve Baxter Queensland Government’s Business Development Fund Full Circle Venture Capital Amasia Sam Friend	Our Innovation Fund, SmartCompany (Mon 18 Mar 2019), SmartCompany (Tue 14 Aug 2018), SmartCompany (Tue 13 Dec 2016), Startup Daily
Go1	Accelerator	2015	$1.4m	Lead	YC Steve Baxter	Forbes Australia, Startup Daily (Thu 7 Sep 2023), TechCrunch Australia (Mon 6 Jun 2022), Our Innovation Fund (Mon 6 Jun 2022), Startup Daily (Fri 13 Aug 2021), Our Innovation Fund (Mon 21 Jun 2021), TechCrunch Australia (Mon 18 May 2020), SmartCompany, Startup Daily (Mon 12 Dec 2016)

Portfolio

Companies Tank Stream Ventures has backed in a published round, and companies whose existing shares it bought off another holder.

Company	What it does	First invested	Rounds	Led
Go1		2015, Accelerator	2	1
Your Grocer	Online grocery delivery from local independent shops	13 Dec 2016	1	1

Funds

Fund closes reported for Tank Stream Ventures, as distinct from the investments it has made.

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for Tank Stream Ventures yet.

Portfolio companies acquired

Companies Tank Stream Ventures has backed that another company then bought. An exit for the holding, not a deal Tank Stream Ventures did.

Company	Bought by	Kind	Announced	Price
No portfolio company of Tank Stream Ventures is recorded as having been acquired.

Coverage

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

8 deals

Go1 becomes latest Aussie unicorn, cracking $1 billion valuation

Republished AFR report recalls Go1's earlier backing and Series C investors, including OIF, while its reported Series D at a billion-dollar valuation remains in progress and a listing is flagged.

Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup News (WA)·TechCrunch Venture·TechCrunch Venture

3 deals

The Funding Round: Online grocer, world-changing startup and wallet-replacing watch bank $6.3 million

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.

3 deals

Brisbane edutech startup GO1 raises $4 million to accelerate global expansion

An Australian online training platform has secured fresh capital from new and existing backers, plus a government grant, valuing it above fifteen million dollars as it plans overseas offices.

Startup Daily Mon 12 Dec 2016 Go1 Deloitte SEEK St John Ambulance Telstra the Victorian state government Black Sheep Capital Blue Sky Ventures Full Circle Ventures Queensland Government Tank Stream Ventures YC Steve Baxter Andrew Barnes Dr Elaine Stead

Something wrong? Tell us