Online grocery supermarket VOLY has raised $18 million in a seed round just five months after launching. The round was led by Sequoia Capital India, with increased backing from Global Founders Capital (GFC) and Australian-based Artesian Capital. The business launched in July 2021 seeking to take on the rapid food delivery market with a promise… Read more »
Sydney startup DiviPay has raised $20 million in a Series A as it looks to expand internationally. The company did not disclose who led the round, saying only that it was a “global fintech-focused growth equity investor”. Other backers in this round include Global Founders Capital, Rapyd’s new VC arm, Rapyd Ventures, Raffael Johnen from… Read more »
New Zealand crime intelligence software startup Auror has raised NZ$30 million (A$28.5m). The round was led by Movac, New Zealand’s largest VC firm, with support from GD1, Silicon Valley-based Shasta Ventures, and Sydney-based Folklore Ventures in a mix of primary capital and secondary transactions. Movac partner Lovina McMurchy will join Auror’s board. The company plans… Read more »
Comparison site Finder has raised $30 million in the first raise in its 15-year history as it pivots to fintech business with a focus on digital assets. A single investor, Microsoft-backed Sydney fund Future Now Capital, wrote the cheque for an equity stake in the Sydney-headquartered company, on a $650 million pre-money valuation. Finder plans… Read more »
Skykraft, a Canberra space startup, has raised $3.5 million for its plan to build a satellite constellation for space-based air traffic management services. Former CEO of Macquarie Group Allan Moss, Lennoxgrove Capital and Adcock Private Equity are among the investors. The ACT-based space services company specialises in the design, manufacture and operation of SmallSat constellations… Read more »
Sydney-based logistics startup Ofload has bagged $20 million in Series A raise that took less than four weeks. While existing backers such as Maersk Growth, Global Founders Capital, Flash Ventures and Foundamental followed on from 2020’s $2.8 million round with new investors King River Capital, Flexport and Bay Grove signing on. Maersk, Global Founders Capital, Flash and Foundamental also backed a $3.8 million raise… Read more »
Auckland-based cybersecurity startup Onwardly has raised NZ$1 million in a seed round less than 12 months after launching. The seed round was led by Kendra Ross of We Love Cyber, and supported by Pushpay founders Eliot Crowther and Chris Heaslip and entrepreneurs Zheng Li & JD Trask of Raygun. The funds are earmarked towards growth… Read more »
Among the flurry of investments voracious US firm Tiger Global made earlier this year, as the world’s most active startup investor, another Australian startup caught its eye back in March, scoring a US$20 million (A$28m) seed round. Another nine months has passed in “stealth mode” and the online used car dealership, Carma is now looking… Read more »
Ecommerce retailer Pet Circle has raised $125 million in a Series C. The round was led by US investment firm Prysm Capital and Sydney-based TDM Growth Partners, with existing backer AirTree Ventures joined by new investor Baillie Gifford from the UK While the international investment has been announced, it’s still subject to regulatory approvals. The… Read more »
Parkable, a New Zealand-based parking optimisation startup, has raised NZ$4.7 million (A$4.53m) as it prepares for a global push. The round, in both debt and equity funding, was led by Kiwi VC Pioneer Capital, ahead of a planned series B in 2022. Pip England, Chief Executive Partner of Chapman Tripp, New Zealand’s largest commercial law… Read more »
Software platform Marketplacer has raised another $38 million from private investors after the 2021 IPO the company mooted 13 months ago, following a $20 million raise, failed to proceed. The company, which provides ecommerce solutions for retailers such as Myer, Woolworths, Metcash and Bob Jane T-Marts, is now reportedly considering 2022 as a public listing… Read more »
No-code app development startup Cogniss has banked $1.1 million from crowdfunding. The campaign raised $1,121,893 from 302 individual investors. Founder and CEO Leon Young has bootstrapped Cogniss for the past five years and says the funds will be used to growth the business both here and internationally. He also has eyes on a private investment… Read more »
Automation technology startup Elenium Automation has banked another A$10 million as it looks to expand its biometric venue access solutions. The round was led by Alex Waislitz’s Thorney Investment Group as a new investor, supported by existing backers NRMA and Acorn Capital. The Melbourne-based startup previously banked $30 million 15 months ago from NRMA and… Read more »
Hospitality-focused ordering and payments platform Mr Yum has raised an A$89 million in Series A led by leading US VC Tiger Global. The deal is the country’s third-largest Series A and sets a new benchmark for a female-founded company in Australia. It follows an $11 million post-Seed round just six months ago, taking the total… Read more »
Sydney-based asynchronous video messaging scale-up Vloggi, has opened its $3 million seed capital raise to international investors to align with its rapidly growing global customer base. Founder and CEO, Justin Wastnage said the A$3 million raise is in two tranches. The first A$1 million is targeting angel investors with a larger discount and lower valuation… Read more »
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