Funded Startups in Australian Capital Territory
Nearly all 18 companies in this dataset are headquartered in Canberra, with AUCloud and Smart Blox as the two exceptions — both based in Fyshwick, an indus…
Nearly all 18 companies in this dataset are headquartered in Canberra, with AUCloud and Smart Blox as the two exceptions — both based in Fyshwick, an industrial suburb within the ACT boundary. The capital's funding activity skews toward deep technology and sovereign infrastructure: Quantum Brilliance closed a $30M Series A in December 2024, Vault Cloud raised $23M at Series B the same month, and Seeing Machines pulled in $33M just days before that, making December 2024 the most concentrated funding window in the data.
The streak extended into 2025, with QuintessenceLabs ($13M, April 2025), Haast ($4M Seed, May 2025), and Acorn ($17M Series A, June 2025) all closing within a four-month span. "Series Unknown" and undisclosed amounts appear repeatedly — a pattern consistent with the government-adjacent and defence-linked entities that make up a meaningful share of the Canberra startup ecosystem.
Most recent rounds
18 shownRelated listings
Frequently asked
What are the largest disclosed rounds among ACT startups in this dataset?
Seeing Machines leads with $33M (Series Unknown, December 2024), followed by Quantum Brilliance at $30M (Series A, December 2024) and Nourish Ingredients at $29M (Series A, October 2022). Vault Cloud's $23M Series B in December 2024 rounds out the top four disclosed rounds.
Was there a particular month with unusually heavy funding activity in ACT?
December 2024 saw four rounds close in quick succession: Seeing Machines ($33M), Quantum Brilliance ($30M), Vault Cloud ($23M), and Terria ($3M). That single month accounts for the largest concentration of disclosed capital across the entire dataset.
Which sectors appear most frequently among funded ACT startups here?
Hardware shows up three times — Seeing Machines, Vault Cloud, and Quantum Brilliance — making it the most represented sector. Artificial Intelligence appears twice with Haast and Berrijam. The remaining listings span sovereign cloud, data analytics, agtech, food and beverage, and education, reflecting the capital's research-commercialisation and defence-adjacent ecosystem.
Are most of these funded startups located in Canberra proper?
Sixteen of the 18 companies list Canberra as their city. AUCloud and Smart Blox are the two exceptions, both headquartered in Fyshwick, an industrial suburb within the ACT boundary.
Does any company appear more than once in the data?
Seeing Machines appears twice: an undisclosed Grant in May 2022 and a $33M Series Unknown round in December 2024, making it the only company in this dataset with multiple recorded funding events.
What does early-stage deal activity look like for ACT in this data?
Three Seed rounds are visible — Haast ($4M, May 2025), Terria ($3M, December 2024), and Syenta ($3M, December 2022). Below that, Aurabox closed an Angel round at $500K in May 2022, and Smart Blox raised $100K in September 2020.
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