Australian startups raised $94.45 million this week across martech, robotics, semiconductor and fleet management sectors, with Morse Micro’s $88 million Series C dominating the funding landscape.
Australian startups secured $94.45 million in funding this week, led by Sydney wi-fi chipmaker Morse Micro’s massive $88 million Series C round, as investors continue backing homegrown innovation across diverse sectors.
Australia’s startup ecosystem is gearing up for a strong 2025, fuelled by a surge of new capital driving innovation across diverse sectors.
Morse Micro’s Mega Round
Sydney-based long-distance wi-fi chip maker Morse Micro raised an $88 million Series C, representing the lion’s share of this week’s funding activity. The round was led by existing backer Japanese fabless semiconductor supplier MegaChips, topped up by $35 million from the federal government’s National Reconstruction Fund (NRF).
Additional support came from previous investors including Blackbird, CSIRO-backed Main Sequence, super funds Hostplus, NGS (managed by Blackbird), and UniSuper, plus Malcolm and Lucy Turnbull.
The startup previously raised $170 million in 2022, including an initial $140 million Series B ($100 million from MegaChips) followed by another $30 million from super funds 10 weeks later.
Robotics Rising
Robotics data analytics platform Alloy secured $4.5 million in pre-Seed funding, led by Blackbird Ventures with support from Airtree, US-based robotics VC Xtal Ventures, and Skip Capital.
Strategic angel investors include senior engineering leaders and founders from Waymo, Tesla, Halter, Reach Robotics, and Carbon Robotics, with Eucalyptus co-founders also participating.
Founded in Sydney in early 2025 by CEO Joe Harris (previously CCO at Eucalyptus), Alloy reduces the time robotics teams spend processing data and building custom infrastructure from scratch.
Martech Momentum
Sydney-based martech startup Nevam banked $1.2 million to scale what it calls the first “live journey mapping command centre” for enterprise marketers. The round follows a successful stint as part of Techstars Sydney’s 2024 cohort.
Backing came from Techstars as well as Brand Fund, the Huljich Family Office, and angel investors. Founder and CEO Brittany Fox said the funding addresses enterprises’ increasing reliance on AI-generated content while often losing sight of how it performs with customers.
Fleet Focus
Brisbane startup Fleetyr secured a $750,000 Seed round, four years after launching and expanding globally. The raise was led by early-stage VC 77 Partners, based in both Queensland and Silicon Valley (backed by Bee Partners).
State government-backed QIC Ventures also participated through its enterprise acceleration fund. Founded in 2021 by CEO Tim Hill and chief analytics officer Brodie Ruttan, the fleet and safety analytics platform operates across five continents, helping operators identify trends, anomalies, fraud and excessive idling through data visualisation.
The funding activity demonstrates continued investor appetite for Australian startups, with government backing through initiatives like the NRF providing additional momentum for deep tech ventures.
Australian startups secured $99 million this week across biotech, AI healthcare, and quantum computing. This week’s $94.45 million haul continues the strong funding momentum seen throughout 2025.
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