Melbourne-founded fintech Airwallex is the latest Australian startup to hit unicorn status following the closing of a US$100 million ($141 million) Series C round led by DST Global.
Mobile workforce management startup Skedulo has raised $40 million (US$28 million) in a Series B round led by Microsoft’s venture capital arm M12.
GO1 has raised over $30 million in a Series B funding round led by M12, the venture capital arm of Microsoft, with participation from existing backers SEEK and Y Combinator.
Shebah founder and CEO George McEncroe is particularly proud of the fact that 95 percent of its investors are women.
Shortlyster works to help companies filter through resumes to find matches based on culture, skills, experience, and behaviour.
With funding from investors including NAB Ventures, Earnd helps Australians access their income as they earn it.
Artesian Venture Partners has partnered with the Grains Research and Development Corporation to launch GrainInnovate, a $50 million agtech fund.
Sydney startup Rockmelon, which has created an education platform to help autistic children and their parents, has raised $3 million from angel investors to expand internationally.
GOFAR has created a device that, plugged into a vehicle’s diagnostic port, can track a driver’s performance, monitor the car’s health, and easily log mileage expenses via a connected app.
Women-focused ridesharing service Shebah has launched an equity crowdfunding campaign to raise funds for expansion.
Courier service Sendle has raised $20 million in a Series B round led by Federation, with participation from Full Circle Venture Capital, Rampersand, and Giant Leap Fund.
More money in venture capital means more companies can be funded in the Australian ecosystem, argues AirTree Ventures’ Daniel Petre.
Bookended by Canva’s $51 million unicorn-making round in January and Deputy’s $111 million Series B at the end of November, Australia saw venture capital investment in local startups reach $1.25 billion in 2018.
Auckland edutech startup Kami has raised $1.42 million (NZ$1.5 million) in funding led by Australian venture capital firm Right Click Capital.
Snowball Effect launched to make it easier for investors to directly invest into companies after observing how difficult it could be in New Zealand.
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