Funded Startups in Adelaide
Across these 20 recently funded Adelaide entries, the only disclosed round above $50M is Fleet Space Technologies’ $100M Series D on 2024-12-11; every othe…
Across these 20 recently funded Adelaide entries, the only disclosed round above $50M is Fleet Space Technologies’ $100M Series D on 2024-12-11; every other disclosed amount is $32M or below (e.g., Splose’s $32M on 2026-02-08, BiomeBank’s $11M on 2026-04-17). The smallest disclosed amount is ValAi’s $100K on 2025-10-01, which sits far below the rest of the disclosed range.
The funding dates cluster toward the right edge: the most recent round is QuantX Labs on 2026-06-03, and 2026 accounts for multiple entries across different stages (e.g., tday at Pre-Seed for $500K on 2026-06-02 and Splose at Series A for $32M on 2026-02-08). Sector-wise, Artificial Intelligence (AI) appears in 3 listings (tday on 2026-06-02, Fivecast on 2023-04-11, Complexica on 2021-12-14), while five entries carry “Series Unknown” and two are “undisclosed,” creating a stage/disclosure skew in the recent set.
Most recent rounds
20 shownRelated listings
Frequently asked
What stands out about the size distribution of disclosed rounds in Adelaide?
Fleet Space Technologies’ $100M (Series D, 2024-12-11) is the lone disclosed round above $50M; the next-largest disclosed amounts are $32M (Splose, Series A, 2026-02-08) and $31M (Myriota, 2024-12-19). At the low end, ValAi’s $100K (Series Unknown, 2025-10-01) is the smallest disclosed amount in the 20-row set.
Is there a concentration of deals in a narrow recent window?
Yes. In 2026 alone, there are multiple rounds including QuantX Labs ($5M, 2026-06-03), tday ($500K, 2026-06-02), and Splose ($32M, 2026-02-08), indicating activity clustered near the top of the date range (2026-06-03 down to 2021-05-20).
Which sectors are over-represented among these 20 Adelaide companies?
Artificial Intelligence (AI) is the clearest cluster with 3 entries: tday on 2026-06-02, Fivecast on 2023-04-11, and Complexica on 2021-12-14. Other sectors appear fewer than 3 times across the rows shown (e.g., Biotechnology: BiomeBank at $11M on 2026-04-17 and Ferronova at $6M on 2025-12-16).
How much of the list lacks stage disclosure, and does that affect interpretation?
Stage labeling is incomplete in the dataset: 5 entries are marked “Series Unknown” (e.g., QuantX Labs on 2026-06-03 for $5M and ValAi on 2025-10-01 for $100K), and 2 entries are “undisclosed” (e.g., EBottli on 2024-06-18 with undisclosed amount and Migrova on 2023-09-01 with undisclosed amount).
Are there notable outliers by stage or amount besides the largest round?
Beyond the $100M Fleet Space Technologies round (2024-12-11), the other large disclosed deals concentrate in the $20M–$32M band, such as Fivecast’s $20M (Series A, 2023-04-11) and Splose’s $32M (Series A, 2026-02-08), while several entries sit near the bottom (e.g., Openly Australia at $100K on 2021-08-24 and ValAi at $100K on 2025-10-01).
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