New Zealand startup Toku Eyes, which has built an artificial intelligence platform to improve early detection of eye diseases such as macular degeneration, glaucoma and other diseases observable via the eye, has raised NZ$3.6 million (A$3.35m) in a seed round to commercialise its invention. The company’s first external raise came from US, Asian and New… Read more »
When the pandemic hit early last year, like many business owners, I had two immediate questions. One: are our people safe and how can we support them? Two: how is this going to impact our business in the short and long term? Adventus.io connects students with recruiters and universities around the world. The international education… Read more »
Small and medium-sized business (SME) lender Judo Bank has seen its valuation climb by $300 million to $1.9 billion after raising an extra $174 million in capital. The challenger bank raised $284 million in a round 4 just four months ago for a $1.6 billion valuation. Judo has now raised $688 in 13 months and… Read more »
Legaltech software startup Josef has raised $2.5 million led by Carthona Capital, alongside US-based The LegalTech Fund. The no-code software platform automates legal tasks, including document drafting, to offering legal guidance and advice, and users can even build bots for client interviews. Founded by two lawyers and an engineer in 2018, the startup previously raised… Read more »
Business fintech DiviPay, an expense management platform has raised an additional $1.7 million in its series A, led by ANZ Bank’s venture capital arm, ANZi. The four-year-old startup previously raised $2.3 million in its series A in late 2019, once again led by ANZi, along with Seed Space ventures and former Pepper Money CEO Patrick… Read more »
Sydney video startup Vloggi has raised a second tranche of $500,000 in a pre-seed capital raise – for a total to $750,000 – in a round that values the company at $3.3 million. The venture is now looking to a seed round of $1.5-2 million in July this year. Ten of Vloggi’s 15 founding investors… Read more »
Data and analytics startup smrtr has raised $2.5 million from property giant Stockland as it looks to use data to drive retail sales. Stockland has been a client of the data-as-a-service venture, founded in 2009 by Dr Boris Guennewig and Georgie Brooke, since 2013, and an earlier investment from the property company in October 2020… Read more »
Digital lending and payments provider WLTH has opened $5 million seed funding round. The Brisbane-based fintech will use the funds to accelerate the growth of its proprietary technology platforms, ahead of the upcoming launches of its B2C payments app ‘WLTH Pay’ and loyalty program ‘WLTH + Loyalty’, as well as make key hires for its… Read more »
Four years into our business journey, the sharks started circling – and we welcomed it. My co-founder and I were pleased to accept the opportunity to appear on Channel 10’s Shark Tank, the show where potential investors were the sharks and entrepreneurs the meat. While our venture had started well, we were at the stage where… Read more »
SME challenger bank Judo Bank is an even bigger unicorn after scooping up $284 million in a round 4 capital raise. The raise values the bank, founded in 2016, at $1.6 billion, an increase of 60% on its valuation following a previous raise seven months ago. Judo co-founder and co-CEO, David Hornery, said more than… Read more »
Fintech startup Effi has raised $1.2 million in seed funding as part of its push to become Australia’s leading mortgage broker platform. The round was led by Australian seed investment group Investible, US-based Hustle Fund and several mortgage industry leaders and brokers. Mandeep Sodhi, founder and CEO of the AI-powered company said he’s now looking to… Read more »
Rupert Murdoch’s News Corp and REA Group are among several high profile investors backing a $3 million Series A round by fragmented property platform Bricklet, valuing the startup at $28 million after just 18 months. Original investors Lakeba, Mirvac Group (ASX: MGR), Stockland (ASX: SGP) and Mihubb also joined the round, along with property investment… Read more »
Micro-X has received funding commitments of $30.5 million to help expand its US footprint and fast-track new lightweight x-ray products. The publicly-listed company announced to the Australian Securities Exchange (ASX: MX1) this morning it had received funding commitments totalling $30.5 million for new fully paid shares at 34 cents each. It is also proposing to… Read more »
Square Peg Capital has led an $18 million round into a three-year-old medtech startup that’s like Tinder for clinical trials, matching researchers with patients. Paul Bassat’s fund led a $6 million series A into HealthMatch, founded by a UNSW med student, in late 2019 following a five-day crash course into the startup, and then joined… Read more »
Telehealth venture Coviu has raised $6 million in the wake of the company’s growth during the coronavirus pandemic. The round was backed by Equity Venture Partners, with investment director Daniel Szekely joining the board, alongside the Giant Leap Fund from Impact Investments, the CSIRO’s VC fund, Main Sequence Ventures and the Medical Angels investment group.… Read more »
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