grok ventures Archives

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

Simon Thomsen - 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 »

Renewables

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

Simon Thomsen - 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 »

Funding

Fintech Spriggy banks $35 million series B led by NAB Ventures

Simon Thomsen - July 27, 2021 2 MIN READ

Finance-for-kids fintech Spriggy has raised a $35 million Series B round led by NAB Ventures. Perennial Value Management also invested, with previous backer, Grok Ventures, the family investment vehicle of Atlassian co-founder Mike Cannon-Brookes and his wife, Annie, also topping up the piggy bank. Grok led the $12 million Series A round in 2019 as… Read more »

News & Analysis

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

Simon Thomsen - 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 »

News & Analysis

Clean energy startup Brighte raises $4 million Series A led by Grok Ventures, Blackbird and Airtree invest in EARTH AI

James Ward - September 5, 2017 2 MIN READ

Brighte has announced the close of a $4 million Series A round led by Grok Ventures, with the funds to be used to further build out the Brighte platform.

Afterpay shares follow merger mate Square’s slump as the US payments fintech rebrands as Block

The best way to make sure AI doesn’t steal your job is to work with it, not against it

Monash Uni spin-out creating ‘green’ fertiliser raises $2.5 million seed round

FATHER’S DAY: 27 founders & CEOs share the best advice their dads gave them

The incredible story behind creating Buildkite, the $200 million ‘best-kept secret in DevOps’, by an investor there from the start

FROM THE FRONTLINE: How startups are tackling the coronavirus crisis

Fintech HelpPay raises $2.4 million as the bill-sharing app launches to aid people with household expenses

CBA’s X15ventures chips an extra $700,000 into on-time payments fintech Payble

SHARES SOAR: Trading platform Superhero signs frequent flyer deal with Qantas

Australia’s agriculture sector is banding together to build a supply chain data exchange

South Australia’s seaweed industry is booming in a bid to cut carbon emissions

A $90 million plant to produce methane-reducing cattle feed using seaweed is being built in South Australia

Insurer nib takes 50% stake in medtech startup Midnight Health in $4 million deal

US VC ‘unicorn collector’ Lisa Suennen is chairing a new Australian investment committee looking to ramp up digital health startup backing

Australia’s first biotech incubator is happening thanks to a $40 million grant

Nanosatellite startup Fleet Space raises $36 million series B

The International Space Station just had a near miss with space junk – and the problem is getting millions of times worse

Australia plans to put a rover on the Moon in 2024 to search for water

Afterpay shares follow merger mate Square’s slump as the US payments fintech rebrands as Block

The best way to make sure AI doesn’t steal your job is to work with it, not against it

Monash Uni spin-out creating ‘green’ fertiliser raises $2.5 million seed round

Australia’s ’20/12 rule’ is stifling angel investment and any chance of younger generations backing startups

Climate Salad’s Mick Liubinskas on the 10 powers we need to tackle our greatest environmental threats

Ignition Lane’s Weekly Wrap: BNPLs dive, VCs raise, employee share scheme changes & Lush drops social media bomb

Here’s why Australia’s EV uptake can’t end up like Turnbull’s Innovation Statement

The funding model for startups selling software-as-a-service is broken

Why connecting with people you don’t know on LinkedIn is wasting your time

Canva’s co-founders are revealing the secrets behind building $40 billion company at a free two day conference, Canva Create

Startup Daily TV: Medical cannabis startup Montu turns to crowdsourced funding as growth soars

Startup Daily TV: AustCyber’s Michelle Price on the best of Australian Cyber Week

grok ventures

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

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

Fintech Spriggy banks $35 million series B led by NAB Ventures

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

Clean energy startup Brighte raises $4 million Series A led by Grok Ventures, Blackbird and Airtree invest in EARTH AI

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