January has already been piping hot for startup funding, and this week is no different. Four ANZ startups raised more than $307 million across rockets, AI and engineering platforms. Here’s who: Gilmour Space: $217 million Gilmour Space Technologies has landed $217 million in a Series E funding round that lifts the Queensland-founded rocket maker’s valuation… Read more »
Sydney AI security startup Dam Secure has raised $6.1 million (US$4m) in a Seed round led by Washington, DC-based cybersecurity and AI investor, Paladin Capital Group. Dam Secure, founded by Patrick Collins and Simon Harloff, is developing an AI-native platform for organisations to manage the security risks created by the rapid adoption of AI coding… Read more »
A California-based legal tech startup originally founded in New Zealand has raised A$81 million (US$55m) in a Series B. The round for Ivo was led by Blackbird, with support from Costanoa Ventures, Uncork Capital, Fika Ventures, and Kiwi VCs GD1, and Icehouse Ventures, and values the business at $530 million. The Series B comes 12… Read more »
Construction engineering platform SPEC Toolbox has raised $3 million in a pre-Series A. The investment was co-led by Black Nova and Investible. The Melbourne design software platform specifically for mass timber construction was founded in 2023 by structural engineers Adam Jones and Ringo Thomas as CLT Toolbox, rebranded after realising that design bottlenecks weren’t just… Read more »
The National Reconstruction Fund (NRF) has invested $20 million in neuroscience startup Omniscient Neurotechnology as part of an ongoing $36 million Series D. NRF is co-leading the round with OIF Ventures, taking a preferred equity stake. Omniscient, founded in 2019, uses artificial intelligence (AI) to decode the complexity of the human brain by mapping an… Read more »
We may only be a couple of weeks into January, but the Australian startup funding tap is already starting to trickle. This week saw $39.8 million raised across startups in deceased estate management and fitness spaces, as well as neuroscience. EstateXchange: $12.5 million EstateXchange co-founders Marielle Yeoh and Sarah Poole. Source: Supplied. A startup addressing… Read more »
A software platform used by gyms and fitness studios globally to manage memberships has raised $7.25 million. The round for Hapana, founded in 2014, was led by veteran Sydney asset manager Microequities, with follow-on investment from OIF Ventures. OIF backed 2024’s $17 million raise alongside ASX-listed Bailador Technologies. Bailador (ASX: BTI) told shareholders in its investor update… Read more »
A startup addressing the challenges of deceased estate management, cofounded by childhood friends, has banked $12.5 million in its first raise. Backing estateXchange are Macquarie Capital, OIF Ventures, and billionaire Paul Little’s family office, with busines execs Carol Schwartz and Pier 12 Capital chair Christine Christian, also on board as angel investors. The online platform digitises… Read more »
Savic Motorcycles has raised $2 million in a convertible note amid a changing of the guard at the decade-old Melbourne startup. Founder Denis Savic has moved to a strategic role, with Marc Alexander, a 25-year veteran of EV systems, autonomous platforms, IoT, consumer and automotive tech taking on the CEO role. The raise, finalised in… Read more »
Despite the continued strained economic climate, we’ve seen some big chunks of change thrown around in 2025. While early-stage funding stayed constrained for much of the year, large cheques concentrated around a smaller group of companies certainly prevailed. In some cases, twice. These were some of the largest Australian startup raises of 2025, and the… Read more »
Canberra startup Aristotle Metadata has secured a $400,000 loan from Tractor Ventures in a capital raising exercise that shows the importance of venture debt as an option for startups. The Aristotle Metadata Registry is a data governance platform that helps organisations improve the quality, compliance and accessibility of their data; a growing challenge amid the… Read more »
Much like the past two years, December is proving to be popular for VC funding. This week saw $93.1 million spread across energy infrastructure, agtech, legal AI and more. IND Technology: $50 million IND Technology founder Alan Wong. Source: IND Technology Leading this week’s funding round-up is energy technology startup IND Technology, which has raised… Read more »
Medical startup Ferronova has raised $6 million in a top up of its five-year-old Series A to $17.5 million. The fresh funding was led by existing investors Uniseed/UniSuper, South Australian Venture Capital Fund, Artesian Venture Partners and Renew Pharmaceuticals, a subsidiary of Singapore- based Ultragreen.ai. The Adelaide biotech, founded in 2016 a spin-out from the… Read more »
Red meat analysis and verification platform MEQ Solutions has raised US$15 million (A$23m) in a Series A from New York software VC Insight Partners. The agtech startup began life in Adelaide in 2016, with its first product, MEQ Probe, going on to raise $500,000 in late 2018 for industry trials. MEQ has built the world’s… Read more »
A veteran startup detecting faults in powerlines to prevent bushfires has raised $50 million from US and local venture funds. IND Technology was cofounded by RMIT Professor Alan Wong and Kokwai Leu Melbourne in 2013 following the 2009 Black Saturday fires, to develop Early Fault Detection (EFD) systems for preventing bushfires and grid failures. The… Read more »
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