This week three Australian startups raised a collective $72.4 million across healthtech, EVs and fintech. The breakout was Everlab, raising $65 million less than 12 months since its last capital injection.
Everlab: $65 million
Melbourne healthtech startup Everlab has raised $65 million in a Series A funding round led by Airtree Ventures. The round also saw participation from Plural, Left Lane Capital, b2venture and Australian Test cricket captain Pat Cummins.
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The raise follows a $15 million seed round less than a year ago as the company looks to expand its preventative healthcare platform internationally and build what it describes as a more connected approach to primary care.
Founded in 2023, Everlab has developed a platform that combines diagnostics, clinicians, specialists, prescriptions, and wearable device data into a single system. The idea is to help patients identify health risks earlier and better manage their long-term health.
Everlab argues patients are often left navigating a healthcare system where medical records, specialist advice, diagnostic testing, and ongoing monitoring are spread across multiple providers and platforms.
“When care is organised around providers, it becomes fragmented across multiple touchpoints, data is scattered, and no one ends up being responsible for the complete picture,” Everlab CEO Marc Hermann told SmartCompany.
“Without a complete picture, providers are limited in the quality and level of personalised care they can deliver.”
Read more.
New Energy Transport: $5 million
Twenty electric prime movers will hit Australian roads faster than expected after a first-of-its-kind project secured a $5 million boost.
New Energy Transport on Monday revealed it would deploy a heavy-duty electric truck fleet months earlier than planned following the investment, which would also fund mobile charging stations.
The units, initially based at a depot on the fringes of Sydney, could be moved in the future to expand the fleets’ reach, potentially allowing them to serve agricultural hubs in other NSW towns.
The announcement comes after diesel prices rose following conflict in the Middle East, pushing up transport costs, and as they are expected to rise again when the fuel excise discount ends on June 30.
The $5 million investment, backed by venture capital firm Jekara Group, will help the startup put its heavy-duty electric truck fleet into operation later in 2026 rather than in mid-2027.
Flyweel: $2.41 million
A Queensland fintech building the financial layer underneath ad spend has raised $2.41 million in pre-Seed funding.
The round for Flyweel was led by Ten13, with support from Antler, QIC, and several fintech leaders, including Mollie CEO and former Klarna CTO Koen Köppen, Zip co-founder Larry Diamond, and Stake co-founder Matt Leibowitz, as well as a US customer and other strategic angels.
The financial products launch in the coming months will go directly to the United States first, where Flyweel has seen the strongest adoption to date.
Flyweel was founded in 2025 by Reuben Scheckter and Matteo Calo, who met during Antler’s residency program last year.
It connects ad platforms, CRM, and accounting in real time to give businesses a measurable investment, and has already managed more than $110 million in ad spend for nearly 1,000 businesses.
It allows businesses to finance the gap between paying for ads and collecting revenue, and then manage that spend with wallets, cards, and bill pay.
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