A Melbourne startup following in the footsteps of Adelaide’s Fleet Space has raised $5 million in Seed funding to launch more satellites scanning earth for critical minerals. The raise for Esper was led by Darwin innovation investor Paspalis Capital and Islamic finance firm Hejaz. The capital injection will underpin the launch of the company’s fourth… Read more »
Three years after a record $2.2 million pre-Seed round for two teenagers to solve the problem of abandoned online sales, their eCommerce fintech has raised another $18 million in a Series A. The round for Brisbane startup Instant was led by Belgian early stage VC Hummingbird Ventures, which revels in the title “the best venture… Read more »
Twine, an AI startup offering conversation insights for business, has raised $2.3 million (US$1.5m). The round was led by Sydney VC Airtree, with support from angel investors Gill Findlay from Immutable, Sam Nickless, CEO of legal heavyweight Gilbert + Tobin, and Hemal Shah, Atlassian’s product VP. The funding will be used to accelerate product development and… Read more »
ASX-listed VC Bailador Technology Investments has put its cash on the table to lead a $25 million raise for a investment property startup. The fund (ASX:BTI) picked up half the tab, putting $12.5 million in to PropHero, supported by existing investors AfterWork, Jelix Ventures, Europe’s Samaipata and Fifth Wall, plus Opera Tech Ventures. The Sydney-… Read more »
A Kiwi startup that wants to make kids love maths as much as playing Roblox has raised NZ$1.5 million (A$1.35m) in pre-Seed funding. The round for Polymath was co-led by Blackbird’s NZ office and fellow Aotearoa VC GD1. The app gamifies maths for kids, underpinned by an algorithm that adapts learning moments to each child’s progress.… Read more »
The former head of product at Kayla Itsines’ fitness app Sweat has launched his own startup, raising $600,000 in pre-Seed funding for a booking site for caravan parks and campgrounds. ParkBooker.com is the brainchild of Josh Volk and will go live later this week. The round was backed by Singapore fund Rising Tide Investment, Turo… Read more »
A startup hoping to chip away at China’s dominance in copper production with a new low-cost way of extracting it from low-grade resources has raised $1.05 million in a Seed round. Banksia Minerals Processing (BMP) was spun out of University of Queensland and has been backed by UniQuest, and IP Group, and grant funding from the… Read more »
Global contractor credentials platform MyPass has raised $7.5 million Series A. The round for the 12-year-old worker onboarding, compliance and credentials management business, which counts BHP, Shell, Woodside and UGL among its customer base, was led by Sydney VC OneVentures. The capital will be used for expansion in North and South America and accelerate product… Read more »
A Melbourne startup building AI agents for the disability and aged care sectors has raised $2.5 million in Seed funding. The round for Minikai was led by Tidal Ventures with participation from Antler. Tigerspike founder Luke Janssen previously backed the startup with a six-figure pre-Seed investment nearly 12 months ago. Minikai’s AI agents are hoping to… Read more »
Sydney clinical-stage radiopharmaceutical startup AdvanCell, which is developing innovative cancer therapeutics, has raised US$112 million (A$178m) in a Series C. The round was co-led by US-UK fund SV Health Investors, Sanofi Ventures, Abingworth, and SymBiosis. Additional support came from existing investor Morningside, alongside new investors Tenmile, Brandon Capital, and others. Founded in June 2019, AdvanCell was… Read more »
A Melbourne enterprise technology startup that’s bootstrapped since its founding in 2019 has raised a $5 million Seed round in taking on its first external capital. Slinging cash at Factor House were Blackbird, OIF, Flying Fox and the Alice Anderson Fund, LaunchVic’s female-focused co-investment side-car fund. The funding will accelerate the commercial release of the startup’s flagship product,… Read more »
Sydney healthtech startup Harrison.ai has raised AU$179 million (US$112m) in a Series C as it looks to expand in the US The round was co-led by Aware Super, ECP and existing supporter Horizons Ventures, the VC firm of Hong Kong billionaire Li Ka-shing. The federal government’s $15 billion National Reconstruction Fund announced its $32 millions… Read more »
An Antler startup launched less than 12 months ago for people of post online listings selling second-hand products on multiple marketplaces with a single click has raised $800,000 in a pre-Seed round. Shopfront, founded by Nathan Spiteri and Drew Flaherty in April last year, was initially supported with $225,000 from Antler during its accelerator program.… Read more »
Commercial insurance broking startup UpCover has raised $19 million in a Series A round. On top of the $11 million equity investment, the insurtech also secured $8 million in debt. The round was led by RealVC, with support from existing investors Antler Elevate’s Global Fund – Upcover was part of its inaugural accelerator program in… Read more »
Volunteer and workforce management platform Rosterfy has raised $5.5 million from Sydney VC OIF Ventures. The funding tops up aa $3m follow on investment from ASX-listed Bailador Technology Investments (ASX:BTI) after its $9.8m initial investment in April 2023, which Startup Daily reported in October last year, The $3m from Bailador resulted in a 14% ($1.7m)… Read more »
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