Aotearoa data startup Partly, which makes it easier to source vehicle parts, has raised NZ$37 million (A$34m) in a Series A. It’s a national record for a Series A and follows a NZ$3.7 million pre-series A in October 2021. The latest round was led by European VC Octopus Ventures, with Blackbird’s Kiwi wing tipping in… Read more »
Carbon management startup Avarni has raised $3 million in venture funding, less than 12 months after launching. It’s the startup’s second raise – and part of a recently emerged trend to decline to identify a round – since it was founded in 2021. CSIRO VC fund Main Sequence Ventures led the raise with support from… Read more »
Sydney-based real asset modelling software starup Trendspek, has raised $6.3 million in a Series A. Real estate technology VC Taronga Ventures led raise as a new investor, supported by insurer IAG’s VC arm, Firemark Ventures. The cash is earmarked to grow the team to accelerate product development, expand the existing global reach, and offer a… Read more »
Digital consulting startup FORMM has raised $600,000 in pre-seed funding to help mid-sized companies ramp up their digital capabilities. Digital strategist and former Accenture and EY Digital veteran Robert Kinkade cofounded FORMM (originally Chasm Digital) with serial entrepreneur and product engineer, Chris Clark, to help businesses “shape their digital future” and build new ventures, transform… Read more »
A startup spun out of Melbourne University to help companies improve their processes has raised US$10.3 million (A$15.8m) in a Series B. Apromore enables business teams to quickly visualise and analyse their processes to unlock value or identify strategies for transformation or optimisation. The raise was backed by Salesforce and German software vendor GBTEC, which also… Read more »
A Melbourne startup hoping to improve the customer experience for people dealing with contact centres has raised $5 million US VC firm Bonfire Ventures led the round into Operative Intelligence, with additional funds from Wonder Ventures. The funds will be used to expand staffing and scale its customer intelligence product capabilities. The company, founded in… Read more »
Women-led ecommerce app Sortd has raised $1.26 million in pre-seed funding to help shoppers keep track of their wish lists. Sydney founders Jodine Wolman, 27 and Alexis Aaron, 26 have emerged from the Antler Australia accelerator program with backing from the VC firm and several private investors, including ELMO Software’s chief commercial officer Darryl Garber.… Read more »
A cloud skills and workforce development edtech platform has raised another $4m in what the company is once again calling a Seed round, 10 months after raising $1.3 million in its first Seed round. Local VC giant Square Peg has backed Saasguru once again, having also led January’s initial $1.3 Seed raise. Existing investors Black Nova… Read more »
Identity and fraud detection engine FrankieOne has raised an additional $23 million in a top up to its Series A 13 months on. The self-described Series A+ round was led by existing backers AirTree and US-based VC firm Greycroft, with Westpac’s VC fund Reinventure, Tidal Ventures and Apex Capital Partners also doubling down on the… Read more »
Legal automation startup, Josef, has raised $5.2 million in what the company is calling “pre-series” capital. The round led by OIF Ventures, supported by existing investor Carthona Capital as well as Flying Fox Ventures, Jelix Ventures and Saniel Ventures. Founded in 2018 by lawyers Tom Dreyfus and Sam Flynn and engineer Kirill Kliavin, the company… Read more »
Recruitment and talent analysis startup Sapia.ai, formerly known as PredictiveHire, has raised $17 million in Series A. The round was led by Macquarie Capital and W23, the venture capital arm of Woolworths Group. The capital is earmarked for continued overseas expansion, including making the platform available in multiple languages. Sapia’s artificial intelligence-powered automation platform is… Read more »
Sydney robotics and navigation tech scale-up Advanced Navigation has raised US$68 million (A$108m) in a Series B. The round was led by US private equity firm KKR, supported by deep learning venture firm AI Capital as well as existing backers Main Sequence, Malcolm Turnbull , In-Q-Tel, and OIF. The 10-year-old tech business has now raised… Read more »
Four women and mothers who banded together to help the parents of children with disabilities have raised $1 million from crowdfunding for their social network app. The Birchal campaign closed this week with $1.037 million from 604 investors. Kindship will use the funds to help parents navigate the NDIS. They plan to launch Kindship Wallet,… Read more »
Melbourne engineering and structural design startup ClearCalcs, has raised $2.5 million to double is its total pre-series capital to $5 million. Existing backers EVP and Shearwater Capital once again led the round in the software platform, which helps architects and engineers build more sustainable housing more efficiently . ClearCalcs previously raised $1.65 million 12 months… Read more »
Seaweed-based plastics replacement startup ULUU has raised $8 million in a Seed round that’s attracted and all-star cast of investors from music, restaurants and modelling. The round was led by existing backer, Main Sequence Ventures, supported by Alberts Impact Ventures, Mistletoe and Possible Ventures. The Western Australian venture, is creating compostable polymers known as PHAs… Read more »
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