Series B Funded Startups in Australia
Across the 50 most recent Australian Series B rounds with disclosed amounts, one deal stands apart: Linktree raised $110M on 2022-03-16, which dwarfs the n…
Across the 50 most recent Australian Series B rounds with disclosed amounts, one deal stands apart: Linktree raised $110M on 2022-03-16, which dwarfs the next-largest disclosed rounds (e.g., Morse Micro at $94M on 2022-09-06, and Zeller at $73M on 2022-03-02). Sector-wise, the list clusters heavily around AI and related categories: “Artificial Intelligence (AI)” appears in multiple entries (Lumonous on 2025-11-07 through to OCR Labs on 2022-02-23), while Energy, Biotechnology, Agriculture and Farming, and Information Technology also recur.
Temporal and geographic concentration are also visible. The rounds span from 2022-02-21 (Zoomo, $20M) through 2025-11-07 (Lumonous, $16M), with repeated New South Wales and Victoria locations (many Sydney-area entries plus multiple Melbourne listings). Outliers exist beyond size as well: some rounds are “undisclosed” (Goterra on 2023-12-08, Glaciem Cooling Technologies on 2022-07-28, Carbon Count on 2022-04-14, and others), which limits disclosed-size comparisons for a subset of companies.
Most recent rounds
50 shownRelated listings
Frequently asked
What’s the largest disclosed Series B round in this Australia list, and how far ahead is it of the rest?
Linktree’s $110M on 2022-03-16 is the only disclosed round above $100M in the table. The next-largest disclosed amounts are $94M (Morse Micro, 2022-09-06) and $73M (Zeller, 2022-03-02; also Advanced Navigation at $73M on 2022-11-17), leaving a clear size gap versus Linktree.
Do any sectors cluster with repeated appearances across different dates?
Yes. “Artificial Intelligence (AI)” shows up across multiple rounds and years, including Lumonous ($16M, 2025-11-07), Heidi Health ($65M, 2025-10-10), Relevance AI ($24M, 2025-05-06), and OCR Labs ($30M, 2022-02-23). Energy (e.g., Evergen $10M on 2022-06-22 and 5B Australia $17M on 2022-12-15) and Biotechnology (e.g., Aravax $20M on 2022-12-20 and Nutromics $14M on 2022-09-08) also recur.
How concentrated are the rounds geographically, especially across New South Wales and Victoria?
Many entries are based in New South Wales and Victoria, with repeated Sydney-area and Melbourne listings. Examples include Q-CTRL in Haymarket ($59M, 2024-10-08), Shippit in Sydney ($46M, 2022-05-03), and OCR Labs in Sydney ($30M, 2022-02-23), alongside multiple Melbourne rounds such as Qsic ($25M, 2025-01-28) and Zeller ($73M, 2022-03-02).
Which entries fall closest to the most recent date shown, and what does that say about timing?
The most recent round date is 2025-11-07 (Lumonous, $16M). Several additional Series B rounds cluster in late 2025, including Heidi Health ($65M, 2025-10-10), Nexl ($23M, 2025-10-08), and SwarmFarm Robotics ($30M, 2025-10-01), suggesting density near the top of the date range.
Are there outliers besides the largest dollar amounts, such as undisclosed rounds that limit comparisons?
Undisclosed amounts appear for several companies, including Goterra (undisclosed, 2023-12-08), Glaciem Cooling Technologies (undisclosed, 2022-07-28), OneQode (undisclosed, 2022-12-15), and Carbon Count (undisclosed, 2022-04-14). These entries create gaps when comparing sector or geography versus the disclosed-size leaders like Linktree ($110M, 2022-03-16).
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