![\"startup](\"https:\/\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2025\/08\/CCA03856-1.jpg?quality=70&w=1024\")
![\"AI](\"https:\/\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/04\/CCA03856-1-1.jpg?quality=70&w=300\")
\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\n\t\tAI chip maker Syenta raises $36 million to expand to the US<\/h3>\n\n\t<\/a>\n\t\n\n\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\tSimon Thomsen\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/div>\n\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/article>\n<\/section>\n\n\n\nThe round was led by Silicon Valley VC Playground Global and the National Reconstruction Fund, which chipped in $10.1 million. Existing investors Investible, Salus Ventures, Jelix Ventures, and Wollemi Capital once again backed the six-year-old Australian National University spin-out, now based in Sydney.<\/p>\n\n\n\n
Playground Global general partner Pat Gelsinger, a former Intel CEO, will join the board<\/p>
\n<\/div><\/div>\n\n\n\n\nSyenta previously raised $2.2 million in late 2022<\/a> and $8.8 million in pre-Series A in August last year.<\/a> Other investors include Blackbird, Jelix Ventures, Brindabella Capital, CIA-backed In-Q-Tel, SGInnovate and OIF.<\/p>\n\n\n\nThe startup, which began life focused on developing multi-material 3D printers, is now developing Localised Electrochemical Manufacturing (LEM) \u2014 a lithography-free process that enables scalable, high-density interconnects for advanced chip packaging \u2014 and hopes to begin semiconductor production in 2027.<\/p>\n\n\n\n
Read more on<\/em> Startup Daily<\/a>.<\/p>\n\n\n\nIdeally: $13.4 million<\/strong><\/h2>\n\n\n\n![\"Ideally\"](\"https:\/\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/04\/Ideally-founders.webp?quality=70&w=1024\")
Ideally co-founders Joshua Nu’u-Steele, James Donald and Brendan Cervin. Image: supplied<\/figcaption><\/figure>\n\n\n\nNew Zealand startup Ideally has raised $13.4 million in a Series A round that values the consumer insights platform at $83 million.<\/p>\n\n\n\n
The round was led by Shearwater Capital, with support from Altered Capital and Icehouse Ventures.<\/p>
\n\n\n\n<\/div>\n\n<\/div>\n\n\n\n\nFounded by James Donald, Brendan Cervin and Joshua Nu\u2019u-Steele and emerging out of venture studio TRA Labs in August 2023, the AI-powered market research platform, which counts DoorDash, Telstra, Google, Burger King and Asahi among its clients, is now used by more than 250 brands across APAC and the US and recently opened an office in New York.<\/p>\n\n\n\n
The startup previously raised $2.15 million in November 2023 and then\u00a0$5.5 million in August 2024<\/a>.<\/p>\n\n\n\nIdeally lets brands test and validate ideas, and make faster decisions across the product and marketing lifecycle, for a fraction of the cost of a traditional research project.<\/p>\n\n\n\n
Read more on<\/em> Startup Daily<\/a>.<\/p>\n\n\n\nRenewable Metals: $12 million<\/strong><\/h2>\n\n\n\n![\"startups](\"https:\/\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2023\/10\/2023-10-RM-team-1.jpg?quality=70&w=1024\")
L-R: Renewable Metals team: Luan Atkinson (CEO), Mark Urbani (co-founder, CTO), Gary Johnson (co-founder), Peter Beaven (chair of the board), Ben Lindsay (Investible), and Nick Vines (co-founder). Image: supplied<\/figcaption><\/figure>\n\n\n\nLithium-ion battery recycling technology startup Renewable Metals has raised $12 million in a Series A round.<\/p>\n\n\n\n
The investment was led by existing investor Clean Energy Finance Corporation, supported by the\u00a0Neglected Climate Opportunities, European Metal Recycling (the UK\u2019s largest end-of-life recycler), and impact VC Investible, as well as\u00a0Climate Tech Partners.<\/p>\n\n\n\n
Renewable Metals previously raised $16.1 million in a seed round in two tranches \u2013\u00a0$8.1 million in September 2024<\/a>, less than 12 months after\u00a0previously raising $8 million<\/a>.<\/p>\n\n\n\nThe new capital will support a demonstration plant in Kewdale, Western Australia, that\u2019s about to come online, and recycle up to 2,000 tonnes of batteries (about 4,000 EVs) annually. Another commercial plant is also on the drawing board for the Hunter region, north of Sydney.<\/p>
\n\n\n\n<\/div>\n\n<\/div>\n\n\n\n\nRenewable Metals has developed a patented hydro-metallurgical process that can achieve over 95% recovery of lithium, cobalt, nickel, copper, and manganese from Li-ion batteries. It also works for Lithium Iron Phosphate (LFP) batteries. The process, in modular plants, has the ability to extract critical minerals in the same process line, combined at up to half the cost of existing processes.<\/p>\n\n\n\n
Read more on<\/em> Startup Daily<\/a>.<\/p>\n\n\n \n\n\n \n\tStay in the know<\/h4>\n\n \n Never miss a story: sign up to\u00a0<\/em>SmartCompany\u2019s\u00a0free daily newsletter<\/em><\/a>\u00a0and find our best stories on<\/em>\u00a0LinkedIn<\/em><\/a>.<\/p>\n <\/div>\n <\/div><\/section>\n","protected":false},"excerpt":{"rendered":"Keep reading to learn more about Syenta, Ideal, and Renewable Metals, which together raised more than $61 million this week.<\/p>\n","protected":false},"author":970,"featured_media":335346,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"apple_news_api_created_at":"2026-04-24T00:00:11Z","apple_news_api_id":"bd817ca9-b99f-4357-a986-daa3edbb0609","apple_news_api_modified_at":"2026-04-24T00:00:20Z","apple_news_api_revision":"AAAAAAAAAAAAAAAAAAAAAA==","apple_news_api_share_url":"https:\/\/apple.news\/AvYF8qbmfQ1ephtqj7bsGCQ","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[62110],"tags":[54914,24085,131355,391],"partner":[],"status_label":[],"coauthors":[113108,132253],"class_list":["post-335244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startupsmart","tag-australian-startup-funding","tag-australian-startups","tag-ideally","tag-venture-capital"],"acf":[],"apple_news_notices":[],"yoast_head":"
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The round was led by Silicon Valley VC Playground Global and the National Reconstruction Fund, which chipped in $10.1 million. Existing investors Investible, Salus Ventures, Jelix Ventures, and Wollemi Capital once again backed the six-year-old Australian National University spin-out, now based in Sydney.<\/p>\n\n\n\n
Playground Global general partner Pat Gelsinger, a former Intel CEO, will join the board<\/p>
Syenta previously raised $2.2 million in late 2022<\/a> and $8.8 million in pre-Series A in August last year.<\/a> Other investors include Blackbird, Jelix Ventures, Brindabella Capital, CIA-backed In-Q-Tel, SGInnovate and OIF.<\/p>\n\n\n\n The startup, which began life focused on developing multi-material 3D printers, is now developing Localised Electrochemical Manufacturing (LEM) \u2014 a lithography-free process that enables scalable, high-density interconnects for advanced chip packaging \u2014 and hopes to begin semiconductor production in 2027.<\/p>\n\n\n\n Read more on<\/em> Startup Daily<\/a>.<\/p>\n\n\n\n New Zealand startup Ideally has raised $13.4 million in a Series A round that values the consumer insights platform at $83 million.<\/p>\n\n\n\n The round was led by Shearwater Capital, with support from Altered Capital and Icehouse Ventures.<\/p> Founded by James Donald, Brendan Cervin and Joshua Nu\u2019u-Steele and emerging out of venture studio TRA Labs in August 2023, the AI-powered market research platform, which counts DoorDash, Telstra, Google, Burger King and Asahi among its clients, is now used by more than 250 brands across APAC and the US and recently opened an office in New York.<\/p>\n\n\n\n The startup previously raised $2.15 million in November 2023 and then\u00a0$5.5 million in August 2024<\/a>.<\/p>\n\n\n\n Ideally lets brands test and validate ideas, and make faster decisions across the product and marketing lifecycle, for a fraction of the cost of a traditional research project.<\/p>\n\n\n\n Read more on<\/em> Startup Daily<\/a>.<\/p>\n\n\n\n Lithium-ion battery recycling technology startup Renewable Metals has raised $12 million in a Series A round.<\/p>\n\n\n\n The investment was led by existing investor Clean Energy Finance Corporation, supported by the\u00a0Neglected Climate Opportunities, European Metal Recycling (the UK\u2019s largest end-of-life recycler), and impact VC Investible, as well as\u00a0Climate Tech Partners.<\/p>\n\n\n\n Renewable Metals previously raised $16.1 million in a seed round in two tranches \u2013\u00a0$8.1 million in September 2024<\/a>, less than 12 months after\u00a0previously raising $8 million<\/a>.<\/p>\n\n\n\n The new capital will support a demonstration plant in Kewdale, Western Australia, that\u2019s about to come online, and recycle up to 2,000 tonnes of batteries (about 4,000 EVs) annually. Another commercial plant is also on the drawing board for the Hunter region, north of Sydney.<\/p> Renewable Metals has developed a patented hydro-metallurgical process that can achieve over 95% recovery of lithium, cobalt, nickel, copper, and manganese from Li-ion batteries. It also works for Lithium Iron Phosphate (LFP) batteries. The process, in modular plants, has the ability to extract critical minerals in the same process line, combined at up to half the cost of existing processes.<\/p>\n\n\n\n Read more on<\/em> Startup Daily<\/a>.<\/p>\n\n Never miss a story: sign up to\u00a0<\/em>SmartCompany\u2019s\u00a0free daily newsletter<\/em><\/a>\u00a0and find our best stories on<\/em>\u00a0LinkedIn<\/em><\/a>.<\/p>\n <\/div>\n <\/div><\/section>\n","protected":false},"excerpt":{"rendered":" Keep reading to learn more about Syenta, Ideal, and Renewable Metals, which together raised more than $61 million this week.<\/p>\n","protected":false},"author":970,"featured_media":335346,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"apple_news_api_created_at":"2026-04-24T00:00:11Z","apple_news_api_id":"bd817ca9-b99f-4357-a986-daa3edbb0609","apple_news_api_modified_at":"2026-04-24T00:00:20Z","apple_news_api_revision":"AAAAAAAAAAAAAAAAAAAAAA==","apple_news_api_share_url":"https:\/\/apple.news\/AvYF8qbmfQ1ephtqj7bsGCQ","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[62110],"tags":[54914,24085,131355,391],"partner":[],"status_label":[],"coauthors":[113108,132253],"class_list":["post-335244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startupsmart","tag-australian-startup-funding","tag-australian-startups","tag-ideally","tag-venture-capital"],"acf":[],"apple_news_notices":[],"yoast_head":"Ideally: $13.4 million<\/strong><\/h2>\n\n\n\n
Renewable Metals: $12 million<\/strong><\/h2>\n\n\n\n
Stay in the know<\/h4>\n\n