Participated · Series D · Aug 2025

Brisbane-based Vaxxas is commercialising its proprietary high-density microarray patch (HD-MAP), a needle-free platform designed to improve vaccine performance and simplify logistics. Research cited in the article shows influenza vaccines delivered via HD-MAP remain stable for up to 12 months at 40 °C, significantly reducing cold-chain requirements. The company is currently running its largest Phase 1 study to date in the United States with more than 250 participants, pairing HD-MAP with a pre-pandemic influenza vaccine under BARDA backing. In Europe, Vaxxas leads a consortium with SK Bioscience and IDT Biologika to develop next-generation seasonal and pandemic flu vaccines. The EU initiative could ultimately provide up to A$250 million to carry successful candidates through late-stage trials and registration. Near-term, an initial €12.9 million tranche will fund a Phase 1 clinical trial and preclinical work on HD-MAP delivered flu vaccines. These programmes position Vaxxas to move its platform toward regulatory approval and commercial deployment, while validating the technology’s potential to bolster global pandemic preparedness.

Led · Equity · Mar 2025

AMP is an AI-powered eCommerce software platform offering interconnected solutions for metrics analysis, personalized shopping, and tools to recover lost sales. Founded in 2022 and based in Sydney, it serves over 45,000 brands globally, including SKIMS, Kylie Cosmetics, Redbull, Steve Madden, UGG Express, Princess Polly, DISSH, Liquid Death, and Summer Fridays. As part of its growth strategy AMP acquired Back In Stock, a Shopify app that sends back-in-stock notifications, and plans to integrate that technology into its product suite. The company will use the new capital to enhance its AI capabilities, expand product offerings, and strengthen its presence in North America, Europe, and APAC. It also aims to onboard 25,000 new customers and continues to provide solutions that help businesses scale and optimize operations. AMP emphasizes recovering lost sales and delivering personalized shopping experiences for a wide range of eCommerce brands. Founded in 2022 and headquartered in Sydney, AMP offers an interconnected, end-to-end eCommerce platform of high-performance apps built to power and scale eCommerce businesses. The company was started by multi-exit entrepreneurs Cameron Priest (TradeGecko) and Patrick Barnes (Advocately) after observing merchants use dozens of disparate apps that rarely worked together. AMP has expanded its suite through three acquisitions: checkout and conversion startup AppHQ, shipping solution Addition, and analytics tool Lifetimely. The platform has grown from 0 to 20k customers in 18 months, including brands such as Feastables, Liquid Death, True Classic and Hydro Flask. Over the next year AMP plans significant additions to its solution suite, more integrations, partnerships, and improvements to existing products. The company says the recent funding will support team expansion and accelerate product development through a mix of building and buying best-in-class software.

Participated · Equity · May 2024

Hometime is an Airbnb property manager operating a technology platform for holiday rentals. Over the last five years the company has scaled its team and matured its technology platform while securing backers including AS1 Growth Partners, NAB Ventures, Asia Principal Capital and OneVentures. The company completed a recent AU$10m growth round with support from its existing investors and welcomed Fifth Estate Asset Management to the cap table. Craig Burton was also appointed to the Hometime board. Hometime is kicking off a debt raise to complement the equity round. The fundraising is intended to accelerate professionalising the holiday rental industry, grow the brand across ANZ, and enter new markets by acquiring local operators. Hometime operates a property-management platform that handles end-to-end Airbnb hosting services, positioning hosts’ properties on ‘autopilot’ while respecting owner preferences. Launched in 2016 by Dave Thompson and William Crock and based in Sydney, its services cover Sydney, Melbourne, Brisbane, Gold Coast, Byron Bay, Sunshine Coast, Adelaide and Auckland. The company grew 450% in 2018 and is described as the pre-eminent provider of professional host services in the Australasian market and the first Airbnb professional co-host in Australia. Hometime says it is generating substantial revenue and will use new capital to drive domestic and international market expansion and further develop its host platform. The funding is intended to extend runway and prepare the business for a larger Series A round in early 2020. Hometime manages short-term property rentals and handles listings on platforms such as Airbnb. Since launching in June last year, the company has serviced over 500 properties and welcomed more than 15,000 guests across Sydney and Melbourne, with monthly user growth described as “by double digits.” The company closed a $1.5M seed funding round to consolidate its position in the short-term rental market. Founders Dave Thompson and Will Crock continue to lead the business. Hometime plans to use the capital to drive further growth in Sydney and Melbourne, open new markets using defined plug-and-play processes, and enhance its technology stack with an owner dashboard to provide hosts transparency on earnings, occupancy and guest reviews.

Participated · Series A · Apr 2024

Charan operates a fashion recommerce service that sells secondhand clothing and handles the entire resale process—including pickup, cleaning, inspection, photography, listing, and delivery—on behalf of sellers. The service launched in August 2023 and reached 200,000 users within eight months. Monthly revenue grew 4.5x from December to March and is 9x higher than at launch, reflecting rapid early traction. The company operates an internal inspection and fulfillment facility, the 700-pyeong 'Charan Factory' in Namyangju, where it conducts cleaning, inspection, sorting, photography, packing, and shipping. Charan emphasizes pricing optimization via proprietary data to maximize seller returns and an internal verification system and logistics to ensure buyer trust and speed. Management plans to use new capital to strengthen supply-chain capabilities and expand IT hiring to further develop the service.

Participated · Series F · Oct 2023

Employment Hero provides an integrated HR and payroll platform with modules for recruitment, onboarding, payroll, time and attendance, and people management. The company sells end-to-end employee lifecycle tools and recently developed an AI-driven recruitment solution called SmartMatch. Employment Hero reports more than 200,000 business customers and has launched the Hero Foundation aiming to help employ 1 million people from underprivileged communities over the next decade. Founded in 2014, the company is focused on expanding its global footprint and accelerating product rollouts. The new capital is intended to fund global expansion and hasten the worldwide rollout of SmartMatch. Employment Hero provides a full-suite human-resources platform that includes payroll, benefits and other HR management tools. Its platform is used by more than 80,000 SMEs representing roughly 750,000 employees, and the company employs over 500 full-time staff. The company announced an A$181M financing that values it at A$1.25B, bringing its total reported capital raised to A$220M. In July 2021 Employment Hero announced a A$140M Series E led by Insight Partners at an A$800M valuation. As part of its growth strategy, Employment Hero acquired workforce-management and payroll provider KeyPay, which will remain an independent brand and receive investment to expand its team. KeyPay’s presence across Australia, New Zealand, Singapore, Malaysia and the U.K. is expected to support Employment Hero’s expansion in those markets. Employment Hero is an Australian all-in-one HR, payroll and benefits platform that automates employment compliance and simplifies remote and distributed workforce management for SMEs. Founded in 2014 by Ben Thompson and Dave Tong, the company offers localized people, payroll, and benefits solutions in markets including the UK, New Zealand, Malaysia, and Singapore. It serves more than 6,000 businesses and manages over 250,000 employees, and grew headcount to 325 full-time employees after a 65% increase in FY2020-2021. The company recently raised a £75 million Series E and is now valued at £430 million, bringing total capital raised to £114 million. Employment Hero plans to use the funding to double its UK sales force, accelerate expansion into Western Europe and other international markets, bolster engineering capabilities, and enhance its platform. The company launched in the UK in late 2020 and reports it has exceeded growth targets there. Employment Hero is a Sydney-based human resources platform that combines HR, payroll and benefits features for SMBs. The company serves about 6,000 SMEs covering more than 250,000 employees and doubled its full-time headcount to 200 last year. Its product includes localized versions with pre-built employment contracts and policies that comply with local laws, and it launched Global Teams, a PEO service integrated into the main platform to recruit remote employees and automate regional compliance. During the pandemic roughly 75% of customers upgraded subscriptions to include remote-work management, compliance and employee-wellness tools; the company also added engagement and productivity features and ran COVID-specific resources and webinars. Employment Hero says COVID-19 accelerated adoption of employment management software and the Series D proceeds will support expansion across New Zealand, the U.K., Malaysia, Singapore and new Southeast Asian markets including Thailand, Vietnam, Indonesia and the Philippines. The round values the company at more than A$250M (about $193.4M USD). Employment Hero offers an all-in-one benefits and payroll platform that connects employers and employees to a network of more than 50 partners providing discounts and financial products. The company was founded in 2013 by Ben Thompson (CEO) and Dave Tong (CTO) and is based in Sydney. More than 3,000 businesses use the platform, and the startup reports growing revenue and users by 10% month on month since 2015. Employment Hero has raised $12.5 million to date and recently closed an $8 million Series B. The new funding will be used to roll out new products and features on the platform. Bringing Seek on as an investor is intended to help the company better connect recruiting to onboarding.