An Irish-Australian teenager’s second startup in just 12 months has raised US$1.4 million (A$2.15m) in pre-Seed funding during a holiday Down Under to visit his grandparents. Liam Fuller, now 18, wasn’t old enough to drink beer when secured the raise for QuickFind AI, an agentic AI ordering system for retail procurement, after cold-calling local VCs.… Read more »
AI-augmented longevity startup Everlab has raised $15 million (US$10m) for its preventative care platform. The round was led by New York and London-based VC Left Lane Capital, with support from existing investor AfterWork Ventures. The cash will be used on international expansion, further development of the platform, and integrated products. Everlab previously raised $3 million… Read more »
When Halter raised a $155 million Series D last month, turning the Kiwi agtech scaleup into a unicorn, Icehouse Ventures was once again among the investors. Now the New Zealand VC is gearing up to back the next wave of Kiwi tech startups and has already secured NZ$15 million in commitments towards a new $30… Read more »
Sydney adtech startup Linkby has raised US$15 million (A$23m) in a Series B to expand its US presence. The round was led by Boston VC Volition Capital, making its first Australian investment. Alongside Linkby’s US expansion, the 5-year-old startup will invest in developing its platform, which helps media publishers monetise content with brands seeking their… Read more »
Brisbane biotech startup creating lactoferrin, a key protein in human breast milk, using precision fermentation, after securing $7 million in funding. The investment for Eclipse Ingredients includes $2.9 million from the federal government’s Food and Beverage Accelerator, as well as backing from Silicon Valley investor AgFunder. Eclipse hopes to launch its first product in 2027,… Read more »
Qantas chair John Mullen and digiDirect founder Shant Kradjian are among several prominent backers in a $1.2 million raise for a new proptech for residential property management. The round for Sydney startup Cohabit, a data and benchmarking platform for strata and residential buildings, was also supported by strata lawyer Christopher Kerin, and Sentia’s Michael Cindric. … Read more »
Quantum computing startup Diraq has raised $15 million as part of a new funding round that’s yet to be completed. The deep tech venture, which was spun out of the University of NSW in 2022 last month announced it had collaborated with fellow Sydney startup Emergence Quantum to develop technology that reduces the size of… Read more »
Sydney startup Brainfish has banked another $9.8 million (US$6.4 million) in a pre-Series A to ramp up its US focus. The round was led by European VC Prosus Ventures, with support from existing backers, including Peak XV’s Surge and Macdoch Ventures. The AI software platform previously raised $3.85 million in May 2024, and has now… Read more »
Sydney artificial intelligence (AI) and data insights fintech MogoPlus has raised $1.5 million from existing UK investor New Model Venture Capital Group. The funding will be used to expand the scale-up’s existing AI-based credit insights portfolio and help it expand into other emerging open data markets and verticals globally. MogoPlus provides vertical agentic AI solutions… Read more »
Brisbane patient experience software provider Five Faces, has raised $1 million in a Series A. The round was led by Utiliti Group, with support from Queensland Government initiative, the Female Founders Co-Investment Fund. It’s the first external round for Alphalitica (trading as Five Faces), which will use the capital to develop new digital health solutions… Read more »
It’s often those most entrenched in existing systems (and have benefitted from them) that disparage and deny the usefulness of novel forms of doing, well, anything. While business financing isn’t the only area where this happens, it might be the sector in which this attitude is most harmful, in terms of holding back innovation in… Read more »
Two deep tech companies created from research at national science agency CSIRO have merged after raising $11 million. MagnaTerra Technologies is the result of combining mining innovator NextOre and explosives detection startup MRead. Together they have more than two decades of sovereign innovation in Magnetic Resonance (MR) sensing, a rapid, accurate, and safe detection technology developed… Read more »
Cryptocurrency exchange Coinstash has raised $4.7 million in a Series A led by an undisclosed Brisbane family office. The eight-year-old digital assets fintech plans to use the cash for platform development, team expansion and user acquisition, with a plan to treble its current customer base. Coinstash CEO Ting Wang said the business has now raised… Read more »
Real estate proptech FoundIt has raised $2 million in a pre-Seed to give buyers greater insights when buying property. The raise was backed by a strategic group of real estate experts, including Realbase cofounders Frank and Jacques Greeff, Realtair’s Peter Matthews, and Propps founder Daniel Bignold. FoundIt, the brainchild of former Domain executive Angus Ferguson… Read more »
Healthcare startup NexusMD has raised in $6.3 million Seed funding from Square Peg to help hospital staff automate and save time on administrative tasks using AI. NexusMD develops customised artificial intelligence (AI) agents that integrate with existing hospital systems to help doctors, nurses, and medical staff save time and costs on admin to focus on… Read more »
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