A startup digitising security with what’s known as a digital lockout tagout (LOTO) has raised $600,000 in its Seed round. Smartlox is a cloud-based, real-time safety, security and smart access system that integrates with Nokē Bluetooth padlocks to increase the safety of frontline workers. It disrupts traditional lockout tagout practices through the use of electronic lockout… Read more »
Online wholesale marketplace Andisor has raised a $1M pre-Seed funding round. The raise was backed by Antler, LaunchVic’s female founder-focused Alice Anderson fund, Jam Pad Investments, and several prominent retail operators and leaders. Andisor emerged out of the Antler program in 2021, with founder and CEO Vandana Chaudhry, building a platform to connect enterprise-level buyers… Read more »
AI-based workflow automation startup has raised $15 million in a Series A as it looks to ramp up its international presence. The round was led by King River Capital along with support from Peak XV’s Surge (the former Sequoia Capital India), and existing backers Galileo Ventures and Insight Partners. Relevance AI previously raised $4 million… Read more »
Perth startup Omni Biotech has raised a $300,000 in pre-Seed funding from Melbourne VC Skalata Ventures to help develop its hydration monitoring platform. Curtin and Stanford University graduates Will Poot and Zac Farrow are Omni’s cofounders and are using the existing optical sensors in smartphones and wearable devices to monitor a wearer’s hydration levels in… Read more »
Sydney-based decision intelligence startup SourseAI has raised $3 million in Series A as it looks to expand in Europe. The round was led by enterprise technology investors Centerstone Capital, with cofounder Luc Maasdorp joining the SourseAI board. The startup, which now raised $5 million in total, has honed its focus since raising $1.5 million to… Read more »
If you’ve ever stared at your fridge contents like a Masterchef mystery box, wondering how to turn it all into dinner, then a new recipe platform, which just scored $4.15 million in Seed funding from the likes of Blackbird Ventures, could be the answer. Called Clove, it’s been developed by two former Canva employees, the… Read more »
A generative AI content production platform that has created more than 700 million images, and trained more than 470,000 custom generative AI models, since launching a year ago has raised $47 million, The next level version of OpenAi’s DALL-E, Leonardo.Ai was backed by Blackbird, Side Stage Ventures, Smash Capital, TIRTA Ventures, Gaorong Capital and Samsung… Read more »
A virtual reality startup which has developed the medical version of a flight simulator for doctors has raised $7 million in a round described as a pre-series A. The round for Vantari VR was led by Co:Act Capital with support from Acova Capital, Significant Early Venture Capital and Sirius Capital, as well as several investors… Read more »
A defence tech startup that helps drones and airborne surveillance craft “see” better has raised $4.45 million in a Seed round. The investment in Arkeus was led by CSIRO deep tech VC Main Sequence, with participation from Steve Baxter’s new defence-focus fund, Beaten Zone Venture Partners, and Salus Ventures. The capital is allocated towards scaling… Read more »
Legal industry collaboration platform Nexl has raised $6.6 million in a Series A as it looks to modernise business law. The round was co-led by Shearwater Capital and existing backer EVP. The business has now raised $10 million in 2023. Philipp Thurner, the former head of innovation at top tier law firm Gilbert and Tobin,… Read more »
New Zealand funds management software startup Caruso has raised A$3 million in Seed funding as it looks to cross the ditch as establish an Australian office. The round was led by Kiwi VC Icehouse Ventures, with support from GD1, Chris Heaslip, founder of Pushpay, and the Rae family of Gull Oil. Caruso plans to add… Read more »
Artificial intelligence loans assessments platform Rich Data Co has raised $28 million (US$17.5m) in a Series B as it looks to ramp up its North America expansion The round was led by Westpac and Nasdaq-listed cloud banking firm nCino, supported by existing backer BMYG and a new investor, Singapore-based Octava Fund. The funds will be used… Read more »
Crowd-sourced funding (CSF) fintech Birchal is hoping to raise $3 million in a second campaign on its own platform. The capital raising platform, which has been popular with brewers, medicinal cannabis ventures and impact cleaning products startup Zero Co launched in 2018 when crowd-funding was legalised, has facilitated more than 100 capital raises worth $190… Read more »
Virtual reality property walkthrough startup EnvisionVR has raised $2.585 million in a round backed by industry leaders. EnvisionVR, founded in 2019, is a mobile platform that uses virtual and augmented reality experiences for the off-the-plan property developments. In the last 18 months, more than $500 million worth of property has been showcased and sold by… Read more »
Financial industry professional development platform Nuggets Academy has raised $700,000 in a round led by Antler Australia. The edtech, which deals with the mandatory Continuing Professional Development (CPD) training people are required to undertake annually, emerged out of the Antler program last year with its initial pre-seed funding from the accelerator and VC. Also backing… Read more »
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