When it comes to the size of the problem deep tech startup MRead is solving, detecting and dealing with the global humanitarian crisis caused by landmines is both larger and more horrifying than any market you’d want to address. Today, April 4, is the United Nations International Day for Mine Awareness and MRead is the… Read more »
A virtual reality firefighter training startup spun out of Deakin University has raised $6.7 million Series A, with the Victorian government’s investment fund Breakthrough Victoria, taking a minority stake in the business for $5 million. FLAIM Systems has developed what’s believed to be the world’s first fully immersive virtual firefighting training system, offering a safe… Read more »
New Zealand agtech startup, which developed a GPS-enabled solar collar that “guides” cows around pastures using sound and vibrations, has raised NZ$85 million (A$79.5m) in a Series C. The round was led by US VC Bessemer Venture Partners with existing backers Blackbird, Rocket Lab founder Peter Beck Kiwi VC Icehouse Ventures and DCVC. Mechanical engineer Craig… Read more »
Brisbane fintech Paypa Plane, which is at the forefront of instant payments, has raised $10 million in a Series A. The round was led by the Queensland Investment Corporation (QIC) through the government’s $100 billion Business Investment Fund, with support from payments platform Cuscal, Mastercard and Queensland VC Sprint Ventures. Paypa Plane is hoping to… Read more »
A Melbourne medtech building hypnotherapy-based apps so people can self-manage a range of illnesses has raised a US$12 million (A$17.8m) in a Series A. The round for Mindset Health was led by King River Capital, supported by Andrew Forrest’s Tattarange VC health fund Tenmile, Perennial Partners, impact funds Giant Leap and Alberts, Yard Ventures, WordPress founder… Read more »
Melbourne education tech startup Pivot has raised $1.4 million for its schools feedback platform to improve teaching. The round was led by the Catholic Diocese of Maitland-Newcastle and technology firm DiUS, with support from LaunchVic’s women-led investment program the Alice Anderson Fund. The funding will be used to re-platform the company’s survey-based technology and launch… Read more »
Quasar Satellite Technologies, a space communications startup building ground station services to replace parabolic dishes has raised $6 million in pre-Series A. The round by CSIRO’s VC fund, Main Sequence Ventures, and included PAN Group, and Marc and Lindy De Stoop of Climatech Group. The company has also scored a $5.3 million Defence Innovation Hub… Read more »
CSIRO-backed fintech DAS (Digital Agriculture Services) has raised $3 million in interim funding in a round led by the VC arm of Canadian communications giant TELUS. TELUS Ventures was supported by existing investors, which include CSIRO, Startmate and several high net worths – and ahead of a broader US series later this year. The business… Read more »
Customer relationship management (CRM) and revenue operations software startup Nexl has raised $4 million in new capital, backed by B2B-focused VC EVP alongside follow-on funds from Vulpes and Saniel Ventures. Nexl was founded 3.5 years ago by Philipp Thurner, who was head of innovation at top tier law firm Gilbert and Tobin. The software platform… Read more »
A New Zealand medtech startup that’s developed a world’s first wireless brain monitor to remotely manage chronic illness has raised NZ$6 million (A$5.6m) to take the device to clinical trials. Kitea Health spun out of the University of Auckland Bioengineering Institute after developing the implantable long-term brain pressure sensor, which could save the healthcare system… Read more »
Sydney business payments fintech Till Payments has raised $70 million in a Series D, having shed 40% of its staff earlier this year. The company cut 120 staff at the start of 2023 amid a 5-month hunt for capital ahead of plans to list on the US NASDAQ later this year. “Despite our significant successes,… Read more »
Tasmanian accounting software startup Sumday has raised raised $2 million in a pre-Seed round as it looks to expand globally. The raise was backed by VC funds Blackbird and Possible Ventures, as well as Canva cofounder Cameron Adams and Lisa Miller, CEO of Wedgetail Ventures. Sumday gives accountants and bookkeepers the ability deliver non-financial accounting… Read more »
Sydney biotech company SpeeDx has raised $26 million for US expansion and to ramp up its diagnostic technologies for illness such such as cancer. The raise included $5 million from Dr Andrew Forrest’s new $250 million VC fund Tenmile, which the WA mining billionaire launched last year with backing from his private investment company, Tattarang. Existing… Read more »
Chronicle is transforming how presentations are made It replaces slidedecks, saving hours of preparation The startup raised $7.5m led by Accel & Square Peg The plaform is currently in beta mode Presentation platform Chronicle has raised $7.5 million from angel investors working for some of the biggest names in tech. The raise was led by Accel… Read more »
Payments software scale-up DataMesh Group has raised $30 million in a Series A. The round was led by NAB Ventures, with new investors including Deutsche Bank, ANZ’s VC arm, 1835i Ventures, Wunala Capital, Fifth Estate and Peregrine Corporation. NAB Ventures previously backed DataMesh in late 2021 in a $12 million pre-Series A raise. The Sydney… Read more »
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