$67.4M in One Week: Where ANZ Investors Are Betting on Startups
Synopsis
Eight startups across Australia and New Zealand have secured $67.4 million in funding, with investors backing businesses across several high-growth technology sectors.
During the week ending, ANZ startups funding totaled $67.4 million for eight startups in Australia and New Zealand. These eight funding rounds covered agricultural technology, medical technology, robotics, software and financial services.
Farmbot's largest round, $22 million in Series B, was the largest. Next, Alloy Robotics racked up $11.5 million and Atmo Biosciences raised $12 million.
The other rounds, Vexev at $8.6 million, Fabulate at $4.5 million, Kantoko at $3.5 million, New Zealand based Sterling at $3.15 million, and Enrola at $2.1 million.
Agriculture, health and robotics lead deals
Australian and overseas-market applications were spread across sectors in the latest round of startup funding at ANZ. Farmbot is building a solution for monitoring and water management in agriculture, and Atmo Biosciences is working on ingestible technology to monitor gut health.
Alloy Robotics raised a new round of funding less than a year after several months ago receiving $4.5 million in pre-seed funding. According to the provided funding data, Vexev has raised $27 million to date, a cardiovascular imaging spin-off of UNSW.
Enrola's latest round comes on the heels of a previous funding round of $800,000 in pre-seed funding, as well as smaller funding rounds received by Fabulate, Kantoko and Sterling throughout the week.
Funding rises as deal numbers narrow
The numbers of new startups receiving funding from ANZ have come at a time of mixed fortunes in the Australian venture market. The first half of funding totals to $3.5 billion, according to the Cut Through Quarterly Q2 2026 Australian Startup Funding Report, which showed that $1.7 billion was raised in 64 venture rounds and five accelerator rounds in the quarter.
But, smaller funding rounds have been less common. Despite this, the report noted that 31 rounds in total were priced under $5 million, which is a decline of 44% from the quarterly average for 2025, and that approximately three-quarters of the capital raised went towards AI-related businesses.
The latest funding round activity from ANZ indicates capital is flowing across tech and industry businesses for Australian and US investors, while the market overall is seeing fewer deals and larger rounds.
Source: Smart Company
Pooja Malik is a business journalist with over six years of experience covering startups, entrepreneurship, and emerging trends. She has previously worked with leading media platforms such as YourStory Media and BW BusinessWorld, where she reported on business, policy, and market developments. Currently, she serves as Editor at The Inspirepreneur Magazine, where she writes and edits stories across business, lifestyle, and travel, with a focus on clarity, accuracy, and reader relevance.
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