Institutional investors may have been keen for a slice of Carma’s IPO, which raised $70 million at $2.70 a share, but retail investors weren’t as keen to get behind the wheel when the four-year-old digital car retailer made its ASX debut on Wednesday, with falling up to 10% on their opening day of trade, and… Read more »
Queensland agtech startup Nbryo has raised $10 million for its livestock genetics platform. The agri-biotech is developing a bovine IVF platform to deliver scalable, high-quality outcomes for cattle producers globally. The round was co-led by existing investor Tenacious Ventures, and Kiwi government-backed new believer AgriZeroNZ, with the Queensland Investment Corporation (QIC), founding investor the Murdoch… Read more »
David Fairfull, the cofounder and former CEO of failed marketing startup Metigy has pleaded guilty to two charges in a prosecution brought by the Australian Securities and Investments Commission (ASIC). A year after first appearing in Federal Court in the ASIC case, and facing five counts of making false and misleading statements, plus one count… Read more »
Hull cleaning robotics startup Hullbot has raised $16 million in a Series A. The round was led by US-based Regeneration VC with support from Climate Tech Partners, making the first investment from its new fund backing technologies for emissions reduction in hard-to-abate industries. Also investing were Katapult Ocean, Folklore, Trinity Ventures, Rypples, NewSouth Innovations, and… Read more »
The Founder Institute and Ben Chong, partner at Right Click Capital, take you through how to nail your startup pitch. tl;dr Pitch Deck Templates Don’t have time to read the guide? You can access our Pitch Templates quickly below. One‑Sentence Pitch Template | Elevator Pitch Template | One‑Minute Pitch Template | Long Angel/VC Template Introduction… Read more »
There’s been a flurry of funding deals announced by Australian and Kiwi startups this week — from a Brisbane startup building superfast, hydrogen-powered planes to a Perth company transforming seaweed into a natural alternative to plastic. Keep reading to learn more about the eight Australian and New Zealand startups that collectively raised more than $113… Read more »
Melbourne compliance and data privacy startup SecurePII has raised US$3.5 million (A$5m) in Seed funding. The round was led by Sydney VC Tidal Ventures. SecurePII was founded by Jason Thals, Haydn Faltyn and Bill Placke, self-confessed skiers, mountain climbers, soccer players, cyclists, marathon runners, campers, golfers, paragliders and travellers who are “into motorbikes, sports cars, woodwork, Lego, science fiction,… Read more »
New Zealand voice-based 360 feedback platform, Huckleberry, has raised NZ$2.1 million ($1.84m) in pre-Seed funding. The round was led by US VC Oregon Venture Fund, with support from Archangel Ventures, plus US and NZ founders, including Mineral CEO Nathan Christensen, TradeMe’s Rowan Simpson and M-Com’s Serge Van Dam. Huckleberry enables people to talk rather than… Read more »
Patient care platform Human Health has raised $8.5 million as it looks to expand its global reach. The round was led by new UK backer LocalGlobe, and supported by existing investors Airtree, Skip Capital, Aliavia and Scale Ventures, and several angel investors, including Cricket Health’s Arvind Rajan, former Kantar CEO Eric Salama and OIF’s David… Read more »
Perth sustainable materials startup Uluu has raised $16 million in Series A, helping it develop a facility capable of turning seaweed into a natural plastic alternative at commercial scale. The latest raise was led by Germany’s Burda Principal Investments, with contributions from Main Sequence, Novel Investments, Startmate, and impact investors and family offices, including Fairground… Read more »
A Brisbane startup developing hydrogen-powered aircraft engines and hypersonic Unmanned Aerial Vehicles has raised $46 million in a Series A as NASA prepares to test its 3D-printed ideas. The round for Hypersonix Launch Systems was led by UK national security investor High Tor Capital, with support from European defence company Saab and Polish family office RKKVC,… Read more »
It has been relatively quiet on the startup funding front this week: we’ve counted only two local startups with fresh capital raises. But Australian talents are still shining abroad, with one founder raising tens of millions of dollars for a new tool empowering sales teams. Keep reading to learn more about 2cloudnine and SeaStock, which… Read more »
After last week’s $211 million raised across six startups – that largely to Heidi Health’s $98m Seris B as well as details of Octopus Deploy’s 2024 $45.6m round emerging, mid October seems more normal, with six Australian companies collectively raising a collective $13.4m. The biggest raise came from GXE, which secured $3.3 million in Series… Read more »
A Sydney startup using batteries to replace gas for industrial heat, and cut business energy costs, has raised more than $2 million. Good Heat will deploy large-scale thermal energy storage (TES) systems powered by cheap renewable electricity to provide industrial heat at prices below gas. Plans for Australia’s largest heat battery development, for a significant… Read more »
Melbourne air-conditioning startup Conry Tech has raised $3 million in Seed funding as it looks to transform workplace cooling. The round was led by specialist climate tech investor, Audacy. The cash will help complete development of the startup’s revolutionary “BullAnt” air-conditioner, which has the potential to halve energy bills in commercial buildings, as well as… Read more »
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