The NRFC has tipped $150m into Brandon Capital’s sixth fund, taking it to $439m and pushing the government investor past its $550m FY25 target. The cash targets late and early-stage medtech, aiming to keep commercialisation onshore.
LaunchVic’s sidecar fund for women founders, the Alice Anderson fund, has completed a pre-Seed $1.1 million raise for Melbourne pet health startup Elita. The commitment brings to a close the long-running raise for Elita, which is building a stem cell bank for Australian pets. Founded by Paloma Newton and Jackson Gritching, the genetics startup, which… Read more »
Visionary Machines has re‑upped with $3.5 m from its existing VC syndicate to fast‑track its Pandion Sentinel counter‑drone platform and hire more engineers, underscoring continued investor faith in sovereign deep‑tech defence startups.
An Irish-Australian teenager’s second startup in just 12 months has raised US$1.4 million (A$2.15m) in pre-Seed funding during a holiday Down Under to visit his grandparents. Liam Fuller, now 18, wasn’t old enough to drink beer when secured the raise for QuickFind AI, an agentic AI ordering system for retail procurement, after cold-calling local VCs.… Read more »
Fintech‑proptech Mondus has landed a $100 m wholesale facility, fresh equity and the Proptech Awards’ Startup of the Year prize to expand its AI‑driven 0 %‑deposit shared‑equity loans, aiming to put first‑home buyers in growth suburbs sooner.
Queensland’s venture scene is back in growth mode. Cut Through Venture’s FY 2025 report shows $417 million across 109 deals—up 37 percent year‑on‑year—fuelled by enterprise software, climate and health tech. With bigger seed and Series A cheques and strong female‑founder uptake, investors say Brisbane is no longer a satellite market.
The future of the annual 3-day _SOUTHSTART gathering in Adelaide has been assured until 2028 with three more years of funding from the South Australian government. The new three-year $2 million commitment supporting the delivery of _SOUTHSTART, starting next year, will take the innovation festival to a decade under its current custodianship, with Craig Swann… Read more »
AI-augmented longevity startup Everlab has raised $15 million (US$10m) for its preventative care platform. The round was led by New York and London-based VC Left Lane Capital, with support from existing investor AfterWork Ventures. The cash will be used on international expansion, further development of the platform, and integrated products. Everlab previously raised $3 million… Read more »
The recent quarterly figures on the Australian startup scene finally put numbers to what everyone has been feeling in their bones for months: the vibes are off. Venture capital investment plunged to an 18-month low, with Q2 2025 clocking in as one of the weakest funding periods in recent memory. This is a major reversal… Read more »
When Halter raised a $155 million Series D last month, turning the Kiwi agtech scaleup into a unicorn, Icehouse Ventures was once again among the investors. Now the New Zealand VC is gearing up to back the next wave of Kiwi tech startups and has already secured NZ$15 million in commitments towards a new $30… Read more »
Sydney adtech startup Linkby has raised US$15 million (A$23m) in a Series B to expand its US presence. The round was led by Boston VC Volition Capital, making its first Australian investment. Alongside Linkby’s US expansion, the 5-year-old startup will invest in developing its platform, which helps media publishers monetise content with brands seeking their… Read more »
Brisbane biotech startup creating lactoferrin, a key protein in human breast milk, using precision fermentation, after securing $7 million in funding. The investment for Eclipse Ingredients includes $2.9 million from the federal government’s Food and Beverage Accelerator, as well as backing from Silicon Valley investor AgFunder. Eclipse hopes to launch its first product in 2027,… Read more »
Sydney biotech startup Smart MCs has secured $900,000 in funding through the Australian Research Council’s (ARC) Linkage Program to scale its next-generation microcarrier technology for large-scale cell-based manufacturing. The project is a partnership between Smart MCs and the University of New South Wales, led by Associate Professor Christopher Marquis and Professor Kristopher Kilian, working alongside… Read more »
Qantas chair John Mullen and digiDirect founder Shant Kradjian are among several prominent backers in a $1.2 million raise for a new proptech for residential property management. The round for Sydney startup Cohabit, a data and benchmarking platform for strata and residential buildings, was also supported by strata lawyer Christopher Kerin, and Sentia’s Michael Cindric. … Read more »
Quantum computing startup Diraq has raised $15 million as part of a new funding round that’s yet to be completed. The deep tech venture, which was spun out of the University of NSW in 2022 last month announced it had collaborated with fellow Sydney startup Emergence Quantum to develop technology that reduces the size of… Read more »
Daily startup news and insights, delivered to your inbox.
