Seven ANZ startups that raised $93.1 million this week
Roundup of seven trans-Tasman raises worth $93.1m this week, headlined by IND Technology's $50m round, with LawVu also acquiring ClauseBase.
Investor · 4 deals
Melbourne, VIC
Every published round Tennis Australia 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 |
|---|---|---|---|---|---|---|
| Calyx | Accelerator | Jan 2023 | - | Lead | Startup Daily (Thu 24 Aug 2023), Startup Daily (Wed 25 Jan 2023) | |
| Equidi | Accelerator | Jan 2023 | - | Lead | Startup Daily (Thu 24 Aug 2023), Startup Daily (Wed 25 Jan 2023) | |
| MATCHi | Accelerator | Jan 2023 | - | Lead | Startup Daily (Thu 24 Aug 2023), Startup Daily (Wed 25 Jan 2023) | |
| Recut | Accelerator | Jan 2023 | - | Lead | Startup Daily (Thu 24 Aug 2023), Startup Daily (Wed 25 Jan 2023) |
Everyone Tennis Australia has named to a program in published coverage. A place in a program is not a raise: the cheque is the figure recorded with the place, which is the program's standard terms where we hold them, and a blank is one we don't.
Companies Tennis Australia has backed in a published round, and companies whose existing shares it bought off another holder.
Fund closes reported for Tennis Australia, as distinct from the investments it has made.
Companies Tennis Australia has backed that another company then bought. An exit for the holding, not a deal Tennis Australia did.
Stories naming Tennis Australia. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of seven trans-Tasman raises worth $93.1m this week, headlined by IND Technology's $50m round, with LawVu also acquiring ClauseBase.
Tennis Australia's venture arm AO Ventures has reached a first close on its new sports, media and health tech fund with about $49 million committed by local and international backers.
Tennis Australia's AO StartUps incubator picked seven sports tech startups for its mid-year cohort, only one of them Australian. They will test products at the Australian Open, with possible funding from Wildcard Ventures.
Plastics recycler Samsara Eco raised $6 million with CEFC joining earlier backers W3 and Main Sequence, ahead of a planned pilot plant; it also holds an AMGC grant and a Tennis Australia recycling partnership.
AfterWork Ventures explains why it joined SwingVision's $2 million seed round led by Tennis Australia's Wildcard Ventures, alongside Roddick, Blake and the MyFitnessPal co-founders; the app brings pro-grade tennis analytics to amateurs.
Also Startup Daily
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Tennis Australia is creating Wildcard Ventures, a fund and syndicate backing early-stage sports, health and entertainment tech, and has named its investment team and advisory committee.
Techstars is launching a sportstech accelerator in Melbourne with LaunchVic, Tennis Australia and Victoria University, based at Melbourne Park, taking ten startups annually from 2020, with applications opening in September.