AmazingCo founders Silvia Hope, Jeremy Cox and Nick Brozovic. Photo: Supplied Melbourne experiences platform AmazingCo raised AU$5.1m in a Series A round backed by Aconex co-founders Leigh Jasper and Robert Phillpot. Rampersand VC, Artesian and Macdoch Ventures were also part of the raise. The Series A follows a $2.3m seed funding round last year, with those… Read more »
Square Peg Capital Partner Tushar Roy with Professor Michael Biercuk, founder and CEO of QCTRL. Photo: supplied Quantum computing startup Q-CTRL has raised US$15 million (AU$22m) in a Series A round led by Square Peg Capital. Silicon Valley’s Sierra Ventures also joined the raise beside existing investors, including Sequoia Capital, Main Sequence Ventures, and Horizons… Read more »
Melbourne HR tech business Culture Amp raised US$82 million (AU$121m) in Series E to value the business at US$700 million – more than AU$1 billion. It’s the third Australian startup this year to reach the magic $1 billion valuation – “unicorn” status – after Judo Bank and Airwallex, in the second biggest tech… Read more »
Parkable CEO, Toby Littin, and Spark Future of Connectivity Lead, Renee Mataparae Auckland-based parking app Parkable has raised NZ$4.6 million in a Series A round, valuing the business at NZ$36 million. The raise was led by Kiwi telco Spark, with some prominent local investors joining for the first time, including Trade Me co-founder Rowan Simpson,… Read more »
Welcome to Startup Daily’s new weekly roundup of investment raises in the Australian and New Zealand startup sectors. Each Friday will give you a snapshot of the week’s investment activity. If we missed your raise, please let us know (contact details below). Parental engagement platform Circle In has raised $1.5 million seed investment led… Read more »
Melbourne-based drone startup Swoop Aero, which is working with aid agencies and the UN to deliver urgent medical supplies to remote areas, has received a multi-million-dollar investment from VC firms Tempus Partners and Right Click Capital. Tempus partner Alister Coleman and Right Click’s Garry Visontay, will join the company’s board as part of the deal.… Read more »
Charlie Thompson (left), with her Clean Collective co-founders Charli Ferrand and Georgia Lawson. Photo: supplied. It’s no secret that raising funds as a female founder is tough. A Boston Consulting Group survey concluded that just 2% of venture capital funding reaches female-led companies – a statistic made louder last week by Kim Jackson passionately… Read more »
Judo Bank just smashed records for the largest individual private funding round by an Australian startup The $400 million includes international funds from Bain Capital The bank is focused on lending to SMEs and was granted its full banking license in April Judo is on track to lend $1 billion to small business by… Read more »
Jacobi co-founders Greg Knox, Tony Mackenzie, and Tanya Bartolini. Source: supplied The Brisbane investment technology platform has raised AU$11 million from US investors Client base includes sovereign wealth and retirement funds, and asset and wealth managers with more than $1.5 trillion in assets under management Expands internationally with launch of UK office to target Europe. … Read more »
Employment Hero co-founder and CEO Ben Thompson. Source: supplied The latest raise values the 5-year-old startup at more than $100 million SEEK, OneVentures, and AirTree Ventures contributed once again The funds will help facilitate strategic integrations with SEEK, and international expansion, as well as developing the “WorkLife Passport” product, which simplifies things such as super… Read more »
Afterpay Touch boss David Hancock received the Finnies award for FinTech Organisation of the Year last week. The buy now pay later fintech startup is seeking $300 million from the sale of 13.8m new shares at a 10% discount. A share placement plan with existing shareholder could raise up to $30m after that. Founders Anthony… Read more »
Booktopia CEO and co-founder Tony Nash Online bookseller Booktopia wanted to raise $10 million from an equity crowdfund Despite having nearly 2 million customers, just 850 people invested, raising less than 9% of the target The Sydney-based retailer is now talking to private investors Leading Australian book retailer Booktopia has walked away from its… Read more »
Leading private investment platform Wholesale Investor has launched a capital raising admin platform that’s mobile friendly CRIISP lets founders raise capital, access investors, manage and track investor interest. The platform offers access to Wholesale Investor’s network of 21,500+ investors Investment platform Wholesale Investor has launched a new SaaS capital raising admin platform, dubbed CRIISP, which… Read more »
Tech unicorn announces new valuation at US$2.5 billion Internet trends analyst Mary Meeker invests via her new VC fund, Bond, with another fund coming on for the first time Announces launch of a tailored enterprise solution Design platform Canva has more than doubled in value in less than 18 months with the Sydney-based startup… Read more »
Australia’s leading peer-to-peer fashion lending marketplace, The Volte has announced it has closed an oversubscribed seed funding round of $700,000 from a consortium of angel investors. The funding will be used for technical upgrades to the platform to ensure a seamless buying and selling experience, as well as for expansion of its teams across a… Read more »
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