FundedIQ

Funded Hardware Startups in Australia

Among the 20 most recent hardware rounds shown, the largest disclosed amount is Fleet Space Technologies’ $100M (Series D) on 2024-12-11.

Among the 20 most recent hardware rounds shown, the largest disclosed amount is Fleet Space Technologies’ $100M (Series D) on 2024-12-11. That figure dwarfs the next-largest disclosed round at $58M (Morse Micro, Series C on 2025-09-27) and sits well above other disclosed amounts that cluster mostly between ~$8M and ~$44M (e.g., High Earth Orbit Robotics’ $8M on 2023-08-21; Nanochap’s $44M on 2026-05-06).

Geographically, New South Wales appears repeatedly, with multiple entries in Sydney metro locations (e.g., Morse Micro in Surry Hills on 2025-09-27; Hullbot in Rozelle on 2025-11-04; Baraja in Sydney on 2023-04-24) alongside several Canberra-based rounds (e.g., Seeing Machines 2024-12-23 for $33M; Quantum Brilliance 2024-12-10 for $30M). On stages and disclosure, “Series Unknown” is frequent (including VeraSys 2026-05-20 for $2M; Nanochap 2026-05-06 for $44M; and 2024-09-04 AirTrunk as undisclosed), and there’s also a mix of disclosed stages from Seed through Post-IPO Equity, with the oldest listed round dating to 2021-11-25 (Fastbrick Robotics, $7M).

Most recent rounds

20 shown
V
VeraSys
Medowie, Australia · Hardware
Series Unknown · May 2026
$1.6M
N
Nanochap
Melbourne, Australia · Hardware
Series Unknown · May 2026
$44M
A
Applied EV
Melbourne, Australia · Hardware
Series B · Jan 2026
$40M
H
Hullbot
Rozelle, Australia · Hardware
Series A · Nov 2025
$16M
M
Morse Micro
Surry Hills, Australia · Hardware
Series C · Sep 2025
$58M
S
Seeing Machines
Canberra, Australia · Hardware
Series Unknown · Dec 2024
$33M
V
Vault Cloud
Canberra, Australia · Hardware
Series B · Dec 2024
$23M
F
Fleet Space Technologies
Adelaide, Australia · Hardware
Series D · Dec 2024
$100M
Q
Quantum Brilliance
Canberra, Australia · Hardware
Series A · Dec 2024
$30M
A
AirTrunk
North Sydney, Australia · Hardware
Series Unknown · Sep 2024
Undisclosed
G
GigaComm
Melbourne, Australia · Hardware
Series Unknown · Feb 2024
Undisclosed
S
Smileyscope
Melbourne, Australia · Hardware
Seed · Oct 2023
Undisclosed
H
High Earth Orbit Robotics
Sydney, Australia · Hardware
Series A · Aug 2023
$7.7M
T
Thinxtra, The IoT Telco
Alexandria, Australia · Hardware
Series Unknown · Jun 2023
$3.3M
B
Baraja
Sydney, Australia · Hardware
Series Unknown · Apr 2023
Undisclosed
I
Internet 2.0
Australian Capital Territory, Australia · Hardware
Seed · Sep 2022
$5.0M
S
Seeing Machines
Canberra, Australia · Hardware
Grant · May 2022
Undisclosed
S
SpaceDraft
Perth, Australia · Hardware
Seed · Mar 2022
$1.1M
E
Elenium Automation
Tullamarine, Australia · Hardware
Venture - Series Unknown · Dec 2021
$7.1M
F
Fastbrick Robotics
Perth, Australia · Hardware
Post-IPO Equity · Nov 2021
$7.2M

Related listings

Frequently asked

What’s the largest disclosed hardware round in this Australia list, and how far above the rest is it?

Fleet Space Technologies’ $100M (Series D) on 2024-12-11 is the largest disclosed amount in the 20-row view. The next-largest disclosed amount is $58M for Morse Micro on 2025-09-27, and multiple other disclosed rounds sit below $44M (e.g., Nanochap’s $44M on 2026-05-06 and Applied EV’s $40M on 2026-01-27).

Do recent rounds cluster tightly in time, or are they spread evenly across the window?

The rounds span from 2021-11-25 (Fastbrick Robotics, $7M) through 2026-05-20 (VeraSys, $2M). The densest visible block is late 2024 to early 2025, including multiple dates around 2024-12 (Vault Cloud 2024-12-19 for $23M; Fleet Space Technologies 2024-12-11 for $100M; Quantum Brilliance 2024-12-10 for $30M; Seeing Machines 2024-12-23 for $33M).

Are any cities or states over-represented, especially where sales outreach might prioritize?

New South Wales shows up repeatedly via Sydney-area locations (Morse Micro in Surry Hills on 2025-09-27 for $58M; Hullbot in Rozelle on 2025-11-04 for $16M; Baraja in Sydney on 2023-04-24 as undisclosed). Canberra also repeats as a hub for larger disclosed checks (Seeing Machines 2024-12-23 for $33M; Vault Cloud 2024-12-19 for $23M; Quantum Brilliance 2024-12-10 for $30M).

How does stage (including disclosure labels) distribute across these 20 entries?

“Series Unknown” appears in many of the most recent rows (for example, VeraSys 2026-05-20 for $2M and Nanochap 2026-05-06 for $44M), and there are also multiple “undisclosed” amounts (AirTrunk on 2024-09-04; GigaComm on 2024-02-08; Smileyscope on 2023-10-03; Baraja on 2023-04-24). Disclosed stages range from Seed (e.g., Internet 2.0 on 2022-09-13 for $5M; SpaceDraft on 2022-03-10 for $1M) up to Post-IPO Equity (Fastbrick Robotics on 2021-11-25 for $7M).

Are there notable outliers beyond the largest round amount?

Yes: the $100M Fleet Space Technologies round (2024-12-11) is an outsized disclosed amount relative to the rest of the disclosed checks. There’s also an information outlier pattern where several comparatively recent entries have undisclosed amounts, such as AirTrunk on 2024-09-04 and GigaComm on 2024-02-08, which prevents comparing their check sizes to peers like Morse Micro ($58M on 2025-09-27) or Applied EV ($40M on 2026-01-27).

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