Topic
Vic govt gives entrepreneurs with disability funding boost
Between now and May, the Victorian government is offering an initiative to support the growth of businesses run by people with disability.
Topic
Melbourne fintech Airwallex hits unicorn status with US$100 million raise
Melbourne-founded fintech Airwallex is the latest Australian startup to hit unicorn status following the closing of a US$100 million ($141 million) Series C round led by DST Global.
Topic
Business lending startup Waddle raises $4 million
Sydney fintech Waddle, which provides invoice financing for small to medium enterprises (SMEs) has raised $4 million in Series A funding from Allectus Capital. With the company in 2017 securing a $50 million wholesale facility, the funding will go towards scaling Waddle across Australia and accelerating the integration of its global financial services partners. Founded… Read more »
Topic
Brisbane startup GO1 raises $30 million Series B round led by Microsoft’s M12
GO1 has raised over $30 million in a Series B funding round led by M12, the venture capital arm of Microsoft, with participation from existing backers SEEK and Y Combinator.
Advice
Three tips for growing a business without venture capital
With venture capital funding hitting new records in Australia, it’s easy to forget that not all startups find funding.
Other
Autism support platform Rockmelon raises $3 million, customer communication startup Pendula raises $3.5 million
Sydney startup Rockmelon, which has created an education platform to help autistic children and their parents, has raised $3 million from angel investors to expand internationally.
Topic
Startup Muster on brink of shutting down after government cuts funding
Startup Muster has launched a public cry for help after losing government funding, with cofounder Murray Hurps explaining that replacement funding must be secured by April if the 2019 survey is to run.
Advice
Coviu is helping doctors calculate a patient’s range of motion via webcam after knee surgery
Coviu’s PhysioROM helps patients receive physical rehab from their home by automating and standardising the calculation of their range of motion via webcam.
Topic
Investec raises $45 million to reach first close of Emerging Companies Fund 1
After announcing its launch last November, investment bank Investec has raised $45 million to reach the first close of its Emerging Companies Fund 1.
Topic
Sydney AI startup Curious Thing raises $1.5 million from Reinventure and Qualgro
Sydney artificial intelligence startup Curious Thing has raised $1.5 million in seed funding from Reinventure Group and Qualgro.
Topic
Courier startup Sendle raises $20 million Series B led by Federation
Courier service Sendle has raised $20 million in a Series B round led by Federation, with participation from Full Circle Venture Capital, Rampersand, and Giant Leap Fund.
Advice
Where could the Australian venture capital industry be in 5 years?
More money in venture capital means more companies can be funded in the Australian ecosystem, argues AirTree Ventures’ Daniel Petre.
Advice
Need capital? Your people could be the solution
Offering equity to your whole team can actually give you the boost you need and help foster strong team alignment when you start your company.
Topic
VC investment in Australian startups reached record $1.25 billion in 2018
Bookended by Canva’s $51 million unicorn-making round in January and Deputy’s $111 million Series B at the end of November, Australia saw venture capital investment in local startups reach $1.25 billion in 2018.
Topic
Auckland edutech startup Kami raises NZ$1.5 million round led by Right Click Capital
Auckland edutech startup Kami has raised $1.42 million (NZ$1.5 million) in funding led by Australian venture capital firm Right Click Capital.
