New Zealand healthtech startup Carepatron has raised A$6 million in a Seed round co-led by existing backer Blackbird Ventures and US-based TQ Ventures: Carepatron, launched in late 2021 by David Pene and Jamie Frew. It practice management software helps healthcare practitioners deal with administration, cutting the time spent dealing with it by around 8 hours… Read more »
HSBC Australia has added to the growing options for Australian companies seeking capital launching a venture debt product late stage venture capital-backed scaleups. It’s the first time a major bank has offered venture debt locally, with the option only appearing in recent years for early stage startups via the likes of OneVentures, Lighter Capital, San… Read more »
Property buying discovery app Soho.com.au has raised $750,000 from Singapore proptechVC Feedback Ventures in a deal that values the startup at more than $20 million. Launched in 2018 by Airtasker cofounder Jonathan Lui, and described as “Tinder for real estate”, Soho uses artificial intelligence to personalise real estate searches, creating an instant list of properties… Read more »
Sales training bootcamp EarlyWork has raised $1.5 million in a Seed round as it looks to help more people gain jobs in the tech ecosystem. The round was led by Ari and Lucy Klinger’s family fund, No Brand, with support from Jelix Ventures, existing backer Archangel Ventures and Ultraviolet Ventures, as well as several founders and… Read more »
Gifting platform Elliephant has raised $560,000 in pre-Seed funding with LaunchVic’s Alice Anderson Fund supporting the round. Cofounders Sheree Andersen and Johnny Reid launched Elliephant a year ago, inspired by their own frustration with how companies tackle gifting for clients and staff, setting out to create a new way to approach sales and marketing engagement,… Read more »
Social enterprise incubator White Box Enterprises has secured $12 million from impact investors and philanthropists to develop startups helping disadvantaged people in regional communities. The raise has been a two-year labour of love for White Box CEO, Luke Terry, who set a $13 million goal. Most of the capital, 75%, came from 13 impact investors,… Read more »
Patience and persistence have paid off for US-based music licensing marketplace Songtradr, founded by expat Australian songwriter and entrepreneur Paul Wiltshire, after raising US$70 million (A$106m) in a Series E after a 20-month hunt for investors. That figure is well short of ambitions for a US$170m (A$235m at the time) raise at a US$500m valuation,… Read more »
CSIRO VC fund Main Sequence Ventures has continued its support carbon accounting software startup Avarni, leading a $2.5 million raise. Supporting Main Sequence were Brisbane early-stage fund Sprint Ventures and Afterwork Ventures. It’s the climate tech SaaS platform’s third raise since it was founded in 2021 and its second in less than 12 months, although… Read more »
Envirotech startup Refilled has raised $1.3 million in a Seed round to transform drink dispensing and reduce single use plastic bottles. The raise was led by existing backer Melt Ventures with support from Envato cofounders, Cyan and Collis Ta’eed and others. Refilled previously raised $600,000 through angel investors and Melt’s modern manufacturing fund. The Sydney… Read more »
Sydney property development analytics startup PropCode has raised $400,000 in a pre-Seed round Melbourne VC Skalata Ventures and Brisbane Angels joined the cap table alongside existing investor Antler Australia. The funding will be used to continue the build of PropCode’s AI-based regulatory analysis engine for the construction industry. Cofounded in 2022 with Antler’s backing by… Read more »
Allied health practice management startup Splose has commitments on the first half of a Series A raise with a target of $3 million. The Adelaide-based startup has $1.5 million to open its campaign, with CEO and founder Nicholas Sanderson saying the funds will be used to ramp up automation, AI-driven research and development and expansion into… Read more »
Melbourne-based global venue management software platform Roller has raised more than $100 million in less than 12 months after New York VC Insight Partners led its latest US$50 million (A$78.6m) round. The fresh capital injection, which needs Foreign Investment Review Board approval, was also supported by existing backers Acadian Software RBC Capital Markets and SBA… Read more »
Fintech Kashcade, a digital lender offering startup founders non-dilutive capital, has raised $5.5 million and it seeks to build out its loan book. The round was led by Prandium Capital, with MD Andrew Whitten, now chairing the Kashcade board. Several startup founders also backed the raise, a combo of $1 million in equity and the remainder… Read more »
There’s no shortage of ambition when it comes to trying to recycle plastics, yet less than 10% are actually recycled. A Victorian envirotech startup, Phantm, which has just raised $2 million in Seed funding, is hoping to change that by helping companies understand and reduce their plastic footprint, by using alternatives. The round was led… Read more »
With Facebook now the social media version of a nursing home, a rival London-based startup cofounded by expat Australian Jack Symonds, has bagged $4 million in Seed round. The raise for Lounge, which is connecting the current generation of university students on in four countries, including Australia, was led by Square Peg with support from existing… Read more »
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