A New Zealand retail crime reporting and surveillance platform that was being scrutinised by Australia’s Information Commissioner has raised NZ $82 million (A$74.3m) in a Series C. The raise for Auror was co-led by the Woolworths-backed retail venture fund W23 Global, Nasdaq-listed US taser and body camera manufacturer Axon Enterprise, and Westpac-supported Reinventure. Also chipping… Read more »
Kiwi editech Crimson Education has raised NZ$67 million (A$60m) Series D that has seen the scaleup’s valuation jump by nearly 40% in just two years. The raise was previously reported in July, but the size of the round was not disclosed. It was led by NZ investor Movac, with support from existing backers HEAL Partners,… Read more »
A fintech startup funding the legal fees for family law disputes has raised $5.7 million in a Seed round. Sydney-based JustFund launched in 2022 cofounded by former lawyers Andy O’Connor and Jack O’Donnell, and fintech entrepreneur Craig Carroll, The raise was led by Xilium Capital, with support from Startmate, US-based Legal Tech Fund, impact investor… Read more »
Robotics startup Nexobot has raised $400,000 in pre-Seed funding to deliver an affordable solution for order fulfilment in smaller warehouses. The round was backed by Skalata and Antler, to help smaller retailers and others compete against the multi million-dollar robotic systems deployed by the likes of Amazon. Nexobot was founded in 2023 by Dom Lindsay and… Read more »
It’s been a tough time for women in tech, both financially and emotionally, over the past 12 months. It’s been a well-documented struggle to attract venture funding, despite the oft-stated best intentions of VCs. On top of that, governments have withdrawn support, with the NSW government killing off a $10 million fund to back female… Read more »
Design platform Canva has seen the company’s valuation soar by nearly a quarter to A$48.7 billion in the latest sale of its shares on the secondary market. The global business, which is heading to a public listing in the US next year, saw its valuation rise by US$6 billion (A$9.1bn) to hit US$32 billion with… Read more »
Energy sector digital twin startup Neara has raised $45 million in a Series C as international investors grab a slice of the AI-powered platform. The round was led by Swedish private equity firm EQT and Swiss infrastructure business Partners Group. Existing backers Square Peg, Skip Capital and Dutch VC Prosus Ventures also chipped in. Skip,… Read more »
Alimetry revolutionises gut health diagnosis by integrating AI into its wearable device, raises US $18m to fuel next phase of growth New Zealand startup Alimetry has raised US$18 million (A$27m) in a Series A2 round to commercialise its wearable gut health monitoring device for the US market. The round was led by Kiwi VC GD1… Read more »
Brisbane startup Earthodic has raised US$4 million (A$6m) in Seed funding as the climate tech packaging solution looks to make its mark in the US. The round was led by food systems focused California VC FTW Ventures, with support from Circulate Capital, the Queensland Investment Corporation (QIC), UniQuest Fund, Significant Capital Ventures, Branch Venture Group, RedStick… Read more »
Construction technology startup BuildPass has raised $7.5 million in a Seed round as it makes a move on the US market. The round was led by Sydney VC Carthona Capital , supported by Leigh Jasper’s Saniel Ventures, GitHub founder Tom Preston-Werner’s eponymous fund, Recursive Ventures, Horizon VC and Massive Tech Ventures. The new funds are… Read more »
Heat exchange manufacturing startup Conflux Technology has raised $11 million in a Series B. The round was led by Breakthrough Victoria, which chipped in $5 million, with participation from AM Ventures and Acorn Capital. The regional Victorian, based in Waurn Ponds, has developed next generation heat exchangers using addictive manufacturing (AM). They transfer thermal energy… Read more »
Imagine walking into a room of investors feeling confident, calm and certain that you’ll put your best pitch forward. When the stakes are high – and one meeting could make or break what happens to your business next – it can be challenging to feel this way. The key to feeling confident is preparation, and… Read more »
Kiwi professional services job tracking platform Projectworks has raised US$5 million (A$7.5m) in a Series A. The round for the management software startup was led by US investor Bridgewest Group, supported by existing backers, including NZ VC Punakaiki Fund, and the company’s new US-based CEO Mark Orttung. It values the business at A$90m, and the… Read more »
New Zealand startup DNAiTECH, which has developed instant diagnostic tests that don’t need a lab, has raised NZ$1 million (A$910k) in a pre-Seed round led by Sprout Agritech. It’s Sprout’s 10th investment alongside partners Finistere Ventures in the US, NZ dairy goliath Fonterra and venture builder OurCrowd, as well as the Te Pokapū Auaha Callaghan… Read more »
Disrupt Radio, the Melbourne media startup that launched in 2023 with a focus on entrepreneurship, but ran out of money to pay its staff within 12 months, is hoping to secure enough funding to return to live broadcasting in November. The Australian reports that founder Benjamin Roberts said negotiations for new capital are ongoing. “In… Read more »
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