Roundup · Roundup

Four ANZ startups raised $76 million in one week

Fintech, chips, software and battery recycling. A former Intel CEO joined one board.

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Australia and New Zealand
Australia and New Zealand

Four completely different industries, all ANZ, all raising in the same seven days.

Marloo

US$10M seed (about A$14M). An AI partner for financial advisers. 650+ adviser firms signed up in under six months. Blackbird says it reminds them of the early days of Canva.

Syenta (Sydney)

$37M Series A. An ANU spin-out making technology for AI chips. Pat Gelsinger, the former CEO of Intel, joined the board.

Ideally (Sydney)

$13.4M Series A at an $83M valuation. An AI market research platform. Clients include Google, Telstra and DoorDash.

Renewable Metals (Perth)

$12M Series A. Recycles old EV batteries. A new plant in WA is about to come online.

My read

When a Blackbird partner compares a seed stage company to early Canva, people pay attention. And when the former CEO of Intel joins the board of an ANU spin-out, that tells you where chip talent thinks the next breakthroughs are coming from.

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