Just a few weeks on from Blackbird Ventures leading a $10 million Series A round for Sydney-founded drone mapping startup Propeller Aero, AirTree Ventures has backed US competitor DroneDeploy’s US$25 million ($34 million) Series C round. The round, which brings the total raised by the startup to date to more than $56 million ($76 million),… Read more »
Melbourne fintech company Credit Clear, which automates the process of requesting payments from customers, has raised $8.5 million in funding from investors including Regal Funds Management.
One of Jason Calacanis’s personal theories is that a great founder can come from anywhere, he said, and the founders he met in Australia surpassed his expectations. One note, though: think bigger.
Australian edutech startup OpenLearning has raised $8.5 million in a Series A round led by Malaysian companies Prestariang Berhad and Paramount Corporation Berhad, with participation from a handful of local investors.
Melbourne-founded AmazingCo, a startup whose platform allows users to plan special events and outings online, has raised $2.3 million in a funding round led by Rampersand VC.
Automotive giant Daimler has led a US$175 million ($231 million) funding round for Estonian rideshare startup Taxify, bringing the company’s valuation to US$1 billion.
Recruitment platform Vervoe has raised US$3.5 million ($4.64 million) in a funding round led by Seek, which kicked in US$2 million, with participation from investors including former Etsy and Squarespace COO Jesse Hertzberg and Ruslan Kogan.
Townsville-founded startup SafetyCulture has raised $60 million in a Series C round led by New York firm Tiger Global Management, with participation from existing investors including Blackbird Ventures, Index Ventures, and Atlassian cofounder Scott Farquhar. With the startup last having raised a $30 million Series B in October 2016, the fresh funding brings the total… Read more »
VC firm Reinventure Group has closed its third $50 million fund, with Westpac once more backing the firm as it looks to expand its focus to Asia-Pacific.
Fintech startup Athena has raised a $15 million Series A round, with funding coming from Macquarie Bank, Square Peg Capital, Apex Capital, and Rice Warner.
Bookwell, a booking platform for beauty and wellness services, has raised $1.25 million in a funding round led by Catch Group’s Gabby and Hezi Leibovich.
Snooper, a platform that allows brands and retailers to collect data by having consumers complete ‘missions’ related to their products in stores, has raised $1 million in a funding round led by Microequities Venture Capital.
Employment platform DCC Jobs has raised $1 million in seed funding and rebranded to WORK180 as it continues on its mission to connect women with roles at organisations with a focus on gender equality.
More investment was poured into New Zealand startups than ever before in 2017, with NZ$86 million ($81.7 million) invested into 111 companies.
Australian VC firm Blackbird Ventures has announced the closing of its third fund, raising $225 million from the likes of Hostplus and the Future Fund.
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