Roundup · Roundup

Six ANZ businesses raised serious money in a fortnight

Defence, construction, fintech, hospitality, music and quantum. All Australian and New Zealand, all in two weeks.

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Australia and New Zealand
Australia and New Zealand

Six businesses, six completely different industries, all pulling in serious money in the same fortnight.

Arkeus (Melbourne)

$25M Series A. Defence tech building AI powered drone sensors that detect targets in real time. Founded in a one car garage in 2020. Already winning Pentagon contracts and integrated with AeroVironment, Textron and Boeing owned Insitu drones.

ProcurePro (Brisbane)

$15M Series B, now valued at $110M. Construction procurement software. French construction giant Bouygues went from customer to investor. Hiring 100 people over 24 months to scale globally.

Extraordinary Money (Melbourne)

$4M pre-seed. Former Up Bank executives Anson Parker and Sam Mendelsohn building AI native consumer finance. Co-led by Airtree and Triple Bubble.

Ordermentum (Sydney)

$55M from Five V Capital at a $150M+ valuation. The digital backbone connecting more than 50,000 pubs, restaurants and cafes to their wholesale suppliers. Over $3 billion in orders processed.

Lume (New Zealand)

NZ$1.34M friends and family round. A new digital music platform backed by Lorde, Substack co-founder Hamish McKenzie and Letterboxd co-founder Karl von Randow. Rebuilding the album experience for the streaming era.

Diraq and PsiQuantum (Sydney / building in Brisbane)

US$138M between them. Two Aussie founded quantum computing companies secured letters of intent from the US Department of Commerce for a slice of US$2 billion in CHIPS Act funding, with the US government taking equity alongside the cash. Diraq gets up to US$38M. PsiQuantum gets US$100M.

My read

The range is the story. ANZ is not one sector anymore. Defence and quantum sit next to pubs and music, and every one of them found money.

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