Startup · $13m raised
Brisbane, QLD
Every investor coverage indicates participated in a round WearOptimo raised.
| Investor | Rounds | Invested |
|---|---|---|
| Adam 'Mad Dog' MacDougall | Unnamed stage | - |
| Adam MacDougall | Unnamed stage | - |
| Advance Queensland | Grant | - |
| Aspen Medical | Unnamed stage | - |
| Australian Sports Technology Network (ASTN) | Grant · Accelerator | - |
| Mark Webber | Unnamed stage | - |
| National Rugby League | Grant | - |
| Queensland Government | Accelerator | - |
Companies WearOptimo acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming WearOptimo. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Cut Through Venture's analysis of Queensland's FY2025 ecosystem: $417 million over 109 deals, climate tech and enterprise software leading, plus standout rounds from EatClub, EcoJoule Energy, FairSupply and WearOptimo.
ASTN, the NRL and Advance Queensland picked eight Queensland startups for the first Tech Sprint under their new three-year Magic Round partnership; each receives $25,000 to tailor its technology to the league's needs.
Also Startup Daily
Roundup of the week's five most-read manufacturing stories: a defence radio contract for Codan, university facility funding, a WEF white paper, ASCA missile-defence awards, and a port chair's farewell.
Brisbane hydration-wearable startup WearOptimo has secured $8m from Aspen Medical, ex-F1 driver Mark Webber and Adam MacDougall, and unveiled its new sensor manufacturing facility, supported by a federal grant of nearly $1m.
Weekly roundup covering seven Australian companies' fresh capital: EV charging, satellite IoT, sovereign cloud, wearables, workplace messaging, plus two crowdfunding raises on Birchal.
Also Startup Daily·Startup Daily·@AuManufacturing·@AuManufacturing
A weekly roundup detailing nine startup funding rounds totalling $39.6 million, spanning cybersecurity, medtech, healthtech, hospitality, retail media, accessibility, clean energy and agtech ventures.
Also Startup Daily·Startup Daily·SmartCompany·Startup Daily·Forbes Australia
Queensland's essential goods grant program has backed ten local manufacturers pivoting to COVID supplies, but applications are paused while Treasury reviews how the allocated money is spent.
Also @AuManufacturing
Brisbane medical device maker WearOptimo will manufacture its microwearables in Queensland after receiving state government support through the Essential Goods and Supply Chain Program, though the funding amount was not disclosed.