A new proptech startup designed to make moving less painful has raised $1.75 million in a Seed round. Sydney entrepreneur, Andrew Weinman developed Happly in early 2022, recruiting Jeremy Rosen, cofounder of mobile storage business Taxibox, as his co-CEO, 12 months ago before launching in Sydney this year. The free platform partners with the people… Read more »
Two University of Queensland professors have launched a quantum hardware startup with $3 million from Australia’s oldest VC fund, Uniseed. Analog Quantum Circuits (AQC) is the brainchild Professor Tom Stace and Associate Professor Arkady Federov following a decade of research. The startup plans to design and fabricate advanced superconducting devices for quantum computing. It’s the first… Read more »
GP-focused administration medtech Heidi Health has raised $10 million in a Series A. The round was once again led by Blackbird Ventures, with support from Hostplus, Hesta, Wormhole Capital, Archangel Ventures, Possible Ventures and Saniel Ventures. Heidi (rebranded from Oscar) previously raised $5 million in a Seed round led by Blackbird. The software platform enlists… Read more »
Outstaffer, an HR tech platform that helps businesses find, hire, equip and pay staff has raised $1.5 million in its first external round after three years of bootstrapping. The round was co-led by by the startup’s new chief operating officer, Michael Locaso (formerly COO of Listing Loop), with Utiliti Ventures, 1in100 Ventures and Side Stage… Read more »
HR platform Employment Hero has landed 2023’s biggest local raise, bagging $263 million in a Series F led by US fund Technology Crossover Ventures (TCV). It’s the second nine-figure raise this week with Canberra startup Skykraft announcing a $120 million round for its satellite-based air traffic management system. Employment Hero’s backing from TVC remains subject… Read more »
A Canberra-based air traffic management startup has banked $120 million for plans to run the system from space. The round in Skycraft was led by Australian arm of UK-listed fund manager Foresight, supported by CSIRO VC fund Main Sequence Ventures and Canadian pension fund OPTrust in a raise that took two years to complete. A… Read more »
Sydney recruitment marketing startp The Martec has raised $8 million in a round let by multi-family investment office AS1 as it looks to ramp up its offshore presence. The platform uses artificial intelligence (AI) to enhance its personalised talent marketing to a level that’s normally customer-focused. Since launching in January this year, The Martec has… Read more »
A manufacturing design collaboration and quotation software startup has raised $3.8 million in a Seed round to bring the process into the digital age. Phasio was founded in 2021 by Harry Lucas and ex-CSIRO researcher Sudharshan Raman, Phasio is digitising how manufacturers quote, design and collaborate with customers, bringing a Google Docs-like approach to the… Read more »
BlueScope Steel’s venture capital arm, BluescopeX, Aconex cofounder Rob Phillpot’s Gravel Road, and Archangel Ventures have co-led a $1.5 million Seed round for a Melbourne proptech software startup that educates commercial builders on the benefits of engineered timber for commercial construction. The raise for CLT Toolbox was also supported by Flying Fox Ventures and Dan… Read more »
Sydney startup Apollo Secure, which focused on helping small business deal with the complexities of cybersecurity, has raised $600,000 in pre-Seed funding. The round was by 24 investors from Sydney Angels with support from Brisbane Angels and a consortium of investors from Angel Loop. Apollo Secure is an automated platform for startups and SMEs to… Read more »
Western Australian battery recycling startup, Renewable Metals has raised $8 million in Seed funding to address low levels of lithium battery materials recovery. The round was led the Investible’s Climate Tech Fund, with support from the Clean Energy Finance Corporation (CEFC) through Virescent Ventures, which tipped in $2.5 million, and US VC the Grantham Foundation… Read more »
Dairy alternative startup Eden Brew has raised $24.4 million in a Series A as it prepares to bring its animal-free products, including milk and ice cream, to market. The two-year-old venture, created as a joint-venture by northern NSW dairy co-op Norco, CSIRO and its VC arm, Main Sequence Ventures, uses a fermentation process to brew… Read more »
A Queensland startup helping power up America with drones to roll out power line upgrades has raised $36 million in a Series A. The round for Infravision was led by US sustainability investor Energy Impact Partners (EIP), supported by Equinor Ventures and Edison International (EIX). Robotics engineer Cameron Van Der Berg and military veteran Chris Cox… Read more »
Energy sector digital twin startup Neara has raised $15.25 million in an extension of last year’s $20 million Series B round. The round was led by South African VC Prosus Ventures (formerly Naspers Ventures), a frequent Australian investor, which also backed crypto gaming unicorn Immutable. Existing backers Square Peg and Kim Jackson’s Skip Capital also… Read more »
While most of us suspect we waste too much of our working day in meetings and dealing with emails, employee communications startup Traffyk.AI has had a look at the size of the problem – it’s a day a week – and done something about it. The enterprise software startup has raised $1.8 million in a… Read more »
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