Founder and investor network Innovation Bay is holding a two day conference, Inspire, in Sydney next month to gaze into the crystal ball about what lies ahead for the startup ecosystem over the next 5-10 years. Inspire, May 22-23, will feature founders, VCs and high net worth investors, as well as prominent sector leaders and… Read more »
Three-year-old insurtech startup Honey Insurance has raised $108 million in a Series A that’s lured in US investors Founded by entrepreneur Richard Joffe, cofounder of US-based Park Assist and Stella.ai, Honey launched in 2021. It raised a record $15.5 million in a Seed round led by underwriting partner RACQ and other institutional investors, including AGL,… Read more »
A New Zealand data analytics startup using machine learning to detect suspicious activity by vessels at sea has raised a NZ$5 million (A$4.6m) in a Seed round. The round for Starboard Maritime Intelligence was led by Kiwi VC Altered Capital, supported by Icehouse Ventures, Invest South, Soul Capital, and Whakatupu Aotearoa Foundation, as well as marine-focused… Read more »
Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and people… Read more »
National science agency CSIRO has allocated $20 million towards supporting startups and smaller companies with greater access to vital research and development (R&D) opportunities to accelerate their growth. Up to 750 small to medium enterprises (SMEs) will be supported under the banner of SME Connect via programs that provide facilitation, training, dollar-matched funding and support… Read more »
Women’s healthtech startup Femtek has raised $1 million in Seed funding to give women better data around their menstrual cycle. The round was led by startup incubator and early-stage investor Arcanys Ventures, which also has an office in Melbourne led by managing partner Frederic Joye, alongside Philippines-based software outsourcing and a Swiss office. Techstars and… Read more »
A $20 million business investment fund has launched in the Northern Territory in a partnership between the government and Darwin investment firm Paspalis Corporation. The Territory government is tipping in $10 million through the Local Jobs Fund, matched by Paspalis, with funding of up to $5 million available for domestic and international businesses looking to… Read more »
Banking-in-box fintech Constantinople has raised $50 million in a Series A. The round was led by Dutch internet investment firm Prosus Ventures, with support from existing Australian backers Square Peg and AirTree. The Sydney startup, founded in 2022 by former Westpac managers Macgregor Duncan and Dianne Challenor, previously raised US$23 million (A$32m) in a Seed… Read more »
Venture capital firm Blackbird’s annual Coachella for startups, Sunrise Australia, will feature more than 50 speakers across three stages, with the full lineup for the two-day event in May revealed today. New speakers include Bluey creator Joe Brumm, ethicist and philosopher Peter Singer, MONA curator Kirsha Kaechele, Gilmour Space cofounder Adam Gilmour, Wedgetail VC CEO… Read more »
Startmate has taken its support of women in startups to the next level. The “Ladymates” initiative – a term was coined by Startmate’s team in the accelerator and investment program – will support more women to work, found and invest in startups. They’ve set a goal of equal gender representation in the ANZ startup sector… Read more »
Welcome to The Ask, Our new column on Startup Daily designed for founders looking for capital. It may be venture capital, crowdfunding or another path, and is designed to flag your startup to potential investors. If you’re on the hunt for cash, we’re happy to share the news with Australia’s startup community. This is your… Read more »
Three years of hard work at Fintech Australia has paid off for general manager Rehan D’Almeida, who has been promoted to CEO amid a changing of the guard at board level. Sarah Gorman has been elected as the industry advocacy group’s new chair, with Simone Joyce, who has relocated to the US to ramp up… Read more »
Deep tech incubator Cicada Innovations is on the hunt for the nation’s 23 most promising deep tech ventures, to showcase their world-changing innovations at the country’s largest deep tech conference, Cicada x Tech23. Applications are now open for the next three weeks April 12. Founders keen to take part and present at the event are asked to explain… Read more »
Fintech Citro has launched a rewards program for Australians around retirement age, offering savings from more than 200 retailers. AMP-backed Citro launched in 2023 and already has more than 75,000 members on its platform. They receive tailored content and insights to help them take control of their finances as they approach and manage their retirement.… Read more »
A Melbourne small business invoice payment platform built with a venture studio has raised $16 million. The round for Marmalade was led by Blue Stamp Company, supported by existing backer Paloma Capital and several family offices. The capital will be used to fund new customer growth and product development. The fintech was built in partnership… Read more »
Daily startup news and insights, delivered to your inbox.
