Sydney legal tech firm Smokeball, a cloud-based practice management software startup that automatically tracks a lawyer’s time and activity for billing, has raised $30 million in its first capital round. The investment from private investors and employee shareholders will be used to fast-track the expansion of its 200+ person team, based in Sydney and Chicago, as… Read more »
The CEO of Rocket Lab, Peter Beck, has doubled down on his investment in a New Zealand data startup tackling the vehicle parts industry in a NZ$3.7 million pre-series A raise. The round into Partly values the business at NZ$46 million. It was led by existing investor Blackbird Ventures, with Beck, also an existing backer,… Read more »
RedEarth Energy Storage has raised $12 million pre-IPO round as it looks to list on the ASX in 2022. The round led by Ord Minnett Private Opportunities joined by Perennial Value and Alex Waislitz’s Thorney Investment Group. The Queensland venture plans to use the funds to accelerate its local manufacturing, sales, and marketing efforts, as… Read more »
Climate-focused fintech Bloom Impact Investing has raised $675,000 in a pre-seed round ahead of the launch of its impact investing app. The round was led by climate tech startup accelerator and innovation network, EnergyLab with Envato co-founders Cyan and Collis Ta’eed also among the angel investors with ACAC Innovation, Palm Beach Ventures, and NOAB Ventures.… Read more »
Tech startup Bodd is expanding distribution of its Australian made 3D body scanning and sizing technology to global markets and its on the hunt for investors to back its unique idea. Bodd uses data from 3D scans to create better retail experiences for both consumers and brands in the fashion, uniform, gym and pharmacy sectors.… Read more »
Sydney envirotech startup Pathzero has raised US$5 million (A$6.8m) as it looks to expand globally. The round was led by VC Carthona Capital, with Antler Australia – the startup emerged out of the Antler program – and impact investor, Phil Vernon. Former Commsec MD Paul Rayson also signed on as one of several new investors. … Read more »
Sydney payments fintech Till Payments has raised $110 million in a Series C. The round was backed by local and US investors, including Avenir Growth, Woodson Capital and Akuna Capital. Long-term backer Regal Funds Management once again supported the raise, along with several Till customers. The series C follows raises in 2019 and 2020, taking total funding to $145 million.… Read more »
Female-focused superannuation fund Verve Super has raised $2.6 million predominantly with female and impact-focused investors. Verve Super CEO Christina Hobbs they decided to do things differently by seeking to raise capital specifically from people with a passion for women’s economic equality and investors who demonstrated a passion for impact investing in female-led companies. “In the… Read more »
An upcoming challenger superannuation brand, Tomorrow Super, is on the hunt for $5 million in pre-IPO funding. Founder and CEO Wes Hall says he wants to create a digital-first “game-changing” low cost, hassle free SMSF-type model for a ESG-conscious generation. “There are three undeniable trends when it comes to investing in Australia: economic activism through… Read more »
Sydney gaming startup Immutable is hoping to become the world’s leading trading platform for non-fungible tokens (NFTs) after raising $82 million in a series B. The business, founded by brothers James and Robbie Ferguson, in 2018, already has a reputation for its NFT games, Gods Unchained and Guild of Guardians and earlier this year launched… Read more »
Global design platform Canva is now worth US$40 billion (A$54.5bn) following a fresh US$200 million (A$273m) funding round. The value of the business has now nearly trebled in less than six months, and jumped more than five-fold in 15 months. In April, Canva announced a A$93 million raise that valued the business at A$20 billion. … Read more »
Hotel commerce platform SiteMinder has raised $100 million in a pre-IPO round, repeating the raise it made before the pandemic hit. Fidelity International came aboard as a new shareholder with existing backers AustralianSuper, and equity funds managed by BlackRock, Ellerston Capital, Pendal Group, and Washington H. Soul Pattinson upping their stakes in the tech platform.… Read more »
A health tech gig economy platform for aged care and disability support workers has raised $100 million. Mable, which counts US Open grand slam and Paralympic gold medal winner Dylan Alcott among its backers, has taken on the equity investment from global private equity firm General Atlantic. (Alcott’s US Open Quad title win today gave… Read more »
New Zealand data insights startup Yabble has raised NZ$3 million (A$2.9m) as it looks to expand into Australia and then the US. The AI company’s second raise was led by Hillfarrance among existing investors that include Movac, New Zealand Growth Capital Partners, Enterprise Angels, and other Angel networks, and high-net-worth individuals. Co-founders Kathryn Topp and… Read more »
Australian payment fintech Azupay has taken on a $10 million equity investment from Ellerston Capital.
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