Inside Investible: Feb. 2024

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It's been a wonderful start to the Year of the Dragon, with a slew of events for our founders, investors and members of the?Club Investible ?syndicate in Singapore, Sydney and Melbourne.?

In March, we're excited for the ASEAN Summit, Climate Investor Forum 2025 , _SOUTHSTART and so much more!

We've kicked off the year with several new investments, and a few follow-ons in existing portfolio companies. Keep your eyes on?LinkedIn ?and?X ?for our latest announcements, and let's get into it!?

Our recent investments

?? Yume Food is Australia’s #1 platform for surplus food management. Through Yume, manufacturer can sell and donate excess food to improve efficiencies, increase returns and reduce food waste and emissions. Investible led this $2m Seed round into Yume through all three of our active vehicles: Climate Tech Fund, Early Stage Fund 2, and Club Investible syndicate.?

Read more in TechCrunch and our Investment Notes

?? Hatch is an innovative AI-enabled employment marketplace matching reputable organisations with early to mid-career professionals. The Australian-based startup is on a mission to help all people find meaning in work. We backed Hatch from our Early Stage Fund 2 as part of its $7m Seed round.

Read more in the Sydney Morning Herald and our Investment Notes

??? FlyORO is a climate tech startup helping to address the heavy emissions of the aviation industry. The company enables on-demand Sustainable Aviation Fuel (SAF) blending, flexibility in blended SAF production, and a robust SAF supply chain. We backed FlyORO through the Investible Climate Tech Fund in its US $1.6m Pre-Series A round.

Read more in e27 and our Investment Notes

?? Shipeezi is an ecosystem in supply chain visibility that helps some of the world’s largest logistics firms simplify end-to-end management of their entire supply chain from point of origin to point of destination. We are pleased to follow-on in the company via our Early Stage Fund 2, and also participated via our Club Investible syndicate for the first time.

?? Evidentli is a software company that specialises in real-world clinical data, with a mission to empower the world's communities to advance healthcare. Its technology cleanses, aggregates and harmonises real-world clinical data using open standards and fit-for-purpose AI technologies, data warehousing and analytics. This investment was a follow-on from our Early Stage Fund 2.

Portfolio updates

• ?? fileAI announce their successful US $6.5m Series A

• ?? Canva Canva on cusp of A $1.4b investor and staff share sale
• ?? JigSpace JigSpace earns critical acclaim with the launch of the Apple Vision Pro
• ?? SOMIN SOMIN 's SOMONITOR named a top solution for the Elite GenAI Sandbox, Backed by the Singapore Government
• ?? Sherlok Sherlok welcomes Stephen Moore as Chief Commercial Officer. Stephen was a co-founder of Ubank and previously CEO of Choice, Plan and Fast aggregation with 3,500 brokers
• ?? Surreal Surreal launches its specialised tool for booking agents globally
• ?? Shipeezi? welcomes Nikos Psaltopoulos as its new Chief Operating Officer. Nikos is an active startup advisor and former COO of MarineTraffic (acquired in 2023)

In the ecosystem

• ?? CEO Rod Bristow will attend next week's ASEAN Special Summit in Melbourne , as part of the ASEAN Climate and Clean Energy Transition Forum. Investible is playing a prominent role connecting capital with investment opportunities across the region and the summit represents an ongoing opportunity to raise our profile as an investor and ecosystem player in the region.
• ?? We’re proud to be supporting the Climate Investor Forum in Melbourne (March 20) which will bring together investors, founders, and the climate ecosystem for a packed program about investing in a green future. Grab a ticket here .
• ??? Planning began for the inaugural Sydney Climate Action Week , spearheaded by our friends at Greenhouse and tens of other organisations (including Investible!)
• ?? Principal Khairu Rejal joined an investor delegation to Japan to showcase the potential for regional collaboration with tech and startups
• ???? The Mandiri Capital (MCI) team (our new partners in Indonesia) visited Australia to immerse and engage with the local startup and tech ecosystem.
• ?? CEO Rod Bristow and CIO Charlie Ill contributed their insights to the 2023 Cut Through Venture Australian State of Startup Funding Report
• ?? Principal Jayden Basha joined the Funny Business podcast sharing fundraising advice for founders
• Charlie Ill spoke with TechCrunch about the potential of the Apple Vision Pro and our investment into JigSpace

Open roles

Looking for your next career challenge? Here are some exciting open roles from the Investible portfolio.?

• ??? Product Manager (Enterprise Software) P Protos Labs (SG)
• ?? Electronics Development Test Engineer A Applied EV - Software Defined Machines? (AU)
• ?? Full Stack Engineer X Xylo Systems (AU)
• ?? Account Executive (Mid-market/Enterprise) i iluminr (US)
• ?? Chief of Staff, Head of AI/ML, Growth, and more H Hatch (AU)
• ?? Business and Sales Development Representative(s) F Factory (AU)
• ???? iOS Engineer (React Native, graphQL) Ai AirRobe (US)
• ?? Expression of interest: Pitch your dream role at I Investible (AU/SG)

Recommended reading

2024 - The year of the wartime CEO - by Goterra’s Olympia Yarger

The 2023 State of Australian Startup Funding Report

On Australia’s proposed sophisticated investor changes Bronwen Clune

Coming to the Defense of Private Markets Valuations

Indonesia’s 2023 Startup Report

The Trouble with Optionality Mihir Desai

AUKUS will be a feast for US venture capitalists — what about Australian firms?

Radical Innovation Needs Old-School VC

Decarbonization: Stocks and flows, abundance and scarcity, net zero Nat Bullard