Participated · Equity · Aug 2026

Vexev develops an autonomous robotic imaging platform, VxWave, that combines robotics, artificial intelligence and ultrasound to automate vascular ultrasound acquisition. Its initial application is upper-limb imaging for dialysis vascular access, with plans to expand into other vascular disease areas such as cardiovascular and peripheral artery disease. The company reported a 94% scanning success rate for autonomous vascular imaging by non-specialist clinical staff in a multi-site study with U.S. Renal Care. VxWave is an investigational device and Vexev is pursuing FDA 510(k) clearance to enable U.S. commercialization. Vexev has raised $19 million in total funding to date and intends to use recent proceeds to support regulatory activities, manufacturing scale-up and commercialization. The company emphasizes building clinical evidence to support future AI-enabled decision tools.

Participated · Series A · Jun 2026

MAKO develops Flightfilm, a shark-skin-inspired surface technology intended to reduce skin-friction drag on aircraft and thereby lower fuel burn and emissions. The company was previously known as MicroTau and is based in Australia. Its immediate plans following the Series A are to pursue certification, scale production and roll out Flightfilm commercially for in-service aircraft. MAKO raised AU$28 million (about US$20 million) in the Series A led by Virescent Ventures to fund those efforts. The article did not disclose revenue, user numbers, or other operating metrics. No further details on product deployment timelines or prior funding were provided.

Participated · Seed · Sep 2025

Puralink, founded by Harrison Crowe-Maxwell, Shyeon Delnawaz and Long Tran, develops 40 cm-long, 150 mm-thick autonomous robots nicknamed “ferrets” that navigate complex pipe networks to identify leaks. Using onboard HD CCTV, LiDAR and mapping sensors, each robot can negotiate corners, intersections and vertical stacks and travel up to one kilometre per run, producing detailed location and condition reports for operators. The system targets wastewater, storm-water, energy and mining infrastructure where traditional inspection methods are slow or impossible. The company is currently accepting pre-orders for its first commercial units, positioning itself for early revenue once manufacturing scales. Puralink participated in Cicada’s Fast Start program and the Startmate Accelerator, which helped refine its product and go-to-market strategy. Financially, the startup has raised a total of about $2.45 million to date, including a recent $2.3 million pre-seed round and an earlier $150,000 angel cheque in 2025, giving it capital to continue R&D and pilot deployments.

Participated · Series A · Aug 2025

Syenta develops semiconductor packaging technology for the chip industry. The company recently raised $26 million in a funding round backed by a firm led by a former Intel CEO. It is expanding its physical presence by opening a 3,500-square-foot hub in Tempe (East Valley). The article focuses on this U.S. expansion and the new capital but does not provide revenue, user, or broader financial metrics. No founding year or additional operational metrics were included in the coverage. The raise and new facility indicate a move to scale operations and engage more directly with the U.S. market.

Participated · Seed · Apr 2025

InsightWise offers an AI-powered platform that streamlines and accelerates the consulting process for consultants and strategy teams. The product analyzes qualitative data — including text, audio, and video — to extract key insights and automate time-consuming tasks. It automates activities across the consulting lifecycle such as proposal development, stakeholder engagement, and strategy creation. InsightWise was founded by Katherine Larish and Matthew Bailey and is headquartered in Sydney, Australia. The company closed a $1.0M pre-seed round and will use the funds to scale its platform, expand its research functionality, and facilitate expansion into the U.S. market.