Andromeda, a robotics company building companion robots for the elderly, led by a 25-year-old Melburnian, is worth $100 million after scoring the biggest early-stage funding round for a woman-led start-up this year.

Grace Brown, a mechatronic engineering graduate from the University of Melbourne who co-founded Andromeda with university friend Yan Chen in 2022, has closed a $23 million series A funding round from investors including San Francisco-based Forerunner Ventures, Rethink Impact and Main Sequence Ventures.

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