Funding

Atlassian co-founders back e-bike startup Zoomo in $80 million series B

- November 15, 2021 2 MIN READ

Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar have backed electric delivery bike startup Zoomo in an A$80 million series B. The round was led by Grok Ventures, Cannon-Brookes’ family VC, supported by Farquhar’s private VC, Skip Capital and ArcTern Ventures. Existing investors, AirTree Ventures, the Clean Energy Finance Corporation (CEFC), Contrarian Ventures and Maniv Mobility also participated in the round.… Read more »

Mike Cannon-Brookes
Renewables

Mike & Annie Cannon-Brookes just turned Grok Ventures into Australia’s first $1 billion VC fund to invest in climate tech

- October 21, 2021 2 MIN READ

Atlassian co-founder Mike Cannon-Brookes and his wife Annie have turned their private investment firm, Grok Ventures, into the country’s first $2 billion venture capital fund with a pledge to invest that figure into climate change-focused companies. Cannon-Brookes, estimated to be Australia’s third richest person with a personal fortune of around $33.5 billion, went public today… Read more »

News & Analysis

Australian space startup Fleet raises $11 million for its IoT plans

- September 5, 2019 2 MIN READ

One of these things is not a nanosatellite. South Australian startup Fleet Space Technologies  has raised US$7.35 million (AU$10.8m) to fund internet of things (IoT) connectivity to remote industries using nanosatellites. Global funds Momenta Ventures and Horizons Ventures – the private investment arm of Hong Kong billionaire Li Ka-shing- led the raise, with local funds Blackbird… Read more »