Participated · Series C · Mar 2026

Founded in 2018 by veterinarian Dr. Matthew Muir and co-founder Anna Podolsky, Sydney-based Lyka Pet Food produces human-grade, fresh dog meals that are tailored to each animal’s weight, breed, age and activity level. Menu options range from grass-fed beef and lamb to free-range chicken, goat, kangaroo and turkey, combined with vegetables and superfoods such as quinoa, spinach, kale and chia seeds. Sold exclusively online on a weekly subscription basis, the service costs about A$28–50 per week for a small dog. The company claims roughly A$200 million in annual recurring revenue and has invested A$16 million in a dedicated production facility in Dandenong, Victoria, alongside additional kitchens in Sydney. Lyka markets aggressively, gaining notoriety for a viral (and Netflix-banned) ad highlighting the benefits of fresh food on dog digestion. With significant venture backing, the startup continues to scale manufacturing capacity and broaden its direct-to-consumer reach across Australia.

Participated · Seed · Dec 2025

Hachiko is a Sydney-based startup building a software platform that optimises and manages industrial battery energy storage system (BESS) portfolios. Tailored for commercial and industrial batteries, the solution coordinates dispatch across multiple energy markets, reportedly doubling portfolio viability and unlocking greater than 75% revenue uplift for asset owners. Founder and CEO Rakhesh Martyn draws on experience delivering roughly 4 GW of utility-scale batteries since 2017, positioning the product as a critical layer for the 120 GW of new storage forecast for the coming decade. Falling battery capex—down about 85% in the last ten years—has accelerated distributed battery deployment, and Hachiko aims to match this pace with advanced analytics, flexibility, and control. Early customers have validated the platform’s value, helping attract top-tier climate and energy investors. With fresh capital, the company will grow its technical and go-to-market teams while deepening and broadening product capabilities to serve a rapidly expanding customer base.

Participated · Equity · Jul 2021

Lyka produces fresh, nutritious, whole-food pet meals made from scratch aimed at improving canine health. The company was founded in 2018 by CEO Anna Podolsky and integrative veterinarian Dr Matthew Muir after Podolsky’s dog, Lyka, experienced health improvements on a homemade diet. Lyka sources whole-food ingredients and prepares meals from scratch, which the founders say produced visible benefits in energy, coat condition, and dental health. The startup positions itself around pet wellness and ingredient transparency. Recent funding is intended to scale up operations. The business is headquartered in Sydney. Lyka produces premium raw-diet dog food and markets itself as an alternative to processed pet food. The company was co-founded by veterinarian Matthew Muir and consultant Anna Podolsky after their dog experienced health problems on conventional brands. Founders say research prompted their approach, citing studies that suggest processed pet food has reduced lifespans for some breeds and raised cancer risk. Lyka has positioned itself in the premium pet-food market in Australia. The company recently completed a significant fundraise, indicating investor interest in its category and product approach. No operating metrics or prior rounds were disclosed in the article. Lyka produces portion-controlled, fresh meals for dogs as an alternative to processed pet food. Founded in 2018 and based in Sydney, Australia, the company emphasizes natural feeding and nutrition developed with co-founder and head of product Matthew Muir, DVM. Since launching it has sold more than 1.5 million meals across Australia. Lyka operates a scalable subscription model and targets pet owners who are home-cooking but not necessarily providing balanced diets. The company plans to use new capital to expand production capacity, accelerate research and development, and grow international distribution. Leadership includes CEO Anna Podolsky and co-founder Matthew Muir. Lyka operates a direct-to-consumer subscription service that delivers human-grade fresh dog food. The company was founded by former Bain consultant Anna Podolsky after improving her dog’s health through home-cooked meals. Lyka sells nutritious, real-ingredient recipes and is rated Excellent (4.8/5) on Trustpilot. Its product and customer experience leverage innovative technology to support growth in home delivery. Proceeds from the recent funding will be used to increase production capacity, fast-track product development, and extend the recipe range. Growth has been driven by a puppy boom and accelerated demand for home delivery services during the COVID-19 period. Lyka produces human-grade, tailored pet food sold via a subscription model, sourcing locally produced ingredients and following AAFCO standards. The company was founded in 2018 by Anna Podolsky and vet/nutritionist Dr Matthew Muir after Podolsky improved her dog’s health with homemade diets. Products use grass-fed beef and lamb, free-range chicken and vegetables, and are priced from about $2 a day depending on dog size. Lyka sells through lyka.com.au and positions itself to disrupt the Australian commercial pet food market. The company plans to use new capital to accelerate growth, expand operations and build its core team over the next 12 months. Research cited by the company suggests fresh wholefoods diets can improve canine health and longevity, supporting its product positioning.