bridging round Archives

Cannon-Brookes-backed food waste recycling startup banks $10 million bridging round

Simon Thomsen - August 1, 2023 < 1 MIN READ

Canberra food waste startup Goterra has raised $10 million in a bridging round has it looks ramp up its food waste treatment plants in western Sydney to deal with leftover produce from Woolworths that would otherwise go to landfill. The company, which uses black soldier fly maggots to eat through the waste, is building a… Read more »

Funding

eBike subscription startup Lug+Carrie banks $5 million bridge round for US launch

Simon Thomsen - September 30, 2022 2 MIN READ

Lug+Carrie, a Melbourne eBike subscription startup, has raised $5 million in bridge funding as it looks to expand globally. The company is looking to a Series A, but was keen to take advantage of local demand ahead of tackling new markets such as the United States. The funding will be used to secure more stock… Read more »