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Funding

Advice

The Gift Collective helps users crowdfund their perfect gift from family and friends

Gina Baldassarre - November 15, 2016 4 MIN READ

The Gift Collective helps people essentially set up a crowdfunding page asking friends and family to contribute money to help them buy their dream gift.

FinTech Australia
Topic

FinTech Australia receives $200,000 in funding from Federal Treasury to promote Australian fintech ecosystem

Liz Leigh - November 14, 2016 2 MIN READ

Australia’s peak fintech body, FinTech Australia has received a $200,000 funding grant from the Federal Treasury to promote Australia as a world leading fintech destination.

Movac
Topic

New Zealand VC firm Movac announces NZ$105 million raised for later-stage Fund 4

Gina Baldassarre - November 14, 2016 2 MIN READ

New Zealand VC firm Movac has announced it’s raised NZ$105 million for Fund 4, with $75 million coming from institutional investors including Ngāi Tahu.

Go People
Topic

Delivery startup Go People joins competitive logistics space with $2 million raise

Liz Leigh - November 4, 2016 3 MIN READ

Crowdsourced delivery startup Go People has announced a raise of over $2 million in the last three months. The startup formerly known as People Post has rebranded and revamped its technology platform to offer yet another service in the competitive logistics space.

Topic

Sydney HIV self testing startup Atomo Diagnostics awarded $3.6 million grant from Bill & Melinda Gates Foundation

Gina Baldassarre - October 28, 2016 2 MIN READ

Sydney healthtech startup Atomo Diagnostics has been awarded a $3.6 million (US$2.6 million) grant from the Bill and Melinda Gates Foundation to assist in its mission to develop a next generation HIV self-test.

Paxata
Topic

AirTree Ventures participates in US$33.5 million round for data startup Paxata

Liz Leigh - October 26, 2016 2 MIN READ

AirTree Ventures has participated in a US$33.5 million investment round for US data startup Paxata. Australia’s largest venture capital firm has joined Intel Capital, Microsoft Ventures and Cisco Investments among others in Paxata’s fourth round of investment.

SafetyCulture
Topic

Townsville startup SafetyCulture raises $30 million to fuel international growth

Liz Leigh - October 18, 2016 3 MIN READ

Townsville startup SafetyCulture has today announced a $30 million Series B round led by international venture capital firm Index Ventures. The investment comes as the second largest funding round secured by an Australian tech startup this year, following a $41 million raise by BigCommerce in June.

Topic

University of Sydney provides on-campus accelerator program Incubate with $1 million in financial support

Gina Baldassarre - October 17, 2016 2 MIN READ

The University of Sydney’s on-campus accelerator program Incubate, has announced it has received $1 million in funding from the University, to be provided over five years.

SpaceConnect
Advice

Sydney office space management startup SpaceConnect raises $400,000

Liz Leigh - October 10, 2016 3 MIN READ

Sydney office space management startup SpaceConnect has today announced a raise of $400,000 following its graduation from BlueChilli’s startup accelerator program Disrupt@Scale. The seed funding will allow the startup to drive growth across its Australian corporate customer base.

Topic

Adelaide-founded, San Francisco-based startup HappyCo raises US$7.5 million Series A round

Gina Baldassarre - October 6, 2016 2 MIN READ

Adelaide-founded, San Francisco-based startup HappyCo, which creates apps to help clients run smarter operations, has announced the closing of a US$7.5 million (around $9.8 million) Series A funding round.

CancerAid
Topic

Sydney healthtech startup CancerAid raises $1.25 million Series B round

Liz Leigh - October 4, 2016 2 MIN READ

Sydney healthtech startup CancerAid has announced the close of a $1.25 million Series B round, bringing the total valuation of the startup to $4.25 million. The app was created to help organise a patient’s cancer journey, helping sufferers to self manage their treatment and expectations.

Topic

Deliveroo raises $361 million Series E round to help deepen Australian roots and begin RooBox rollout

Gina Baldassarre - August 8, 2016 2 MIN READ

The funding will go towards expanding the service in new and existing markets, as well as facilitating the continued rollout of RooBox, delivery-only kitchens built out of shipping containers established in areas currently not reached by the core Deliveroo service.

zipMoney
Topic

Sydney fintech startup zipMoney raises $20.6 million to fund proposed acquisition of Pocketbook

Liz Leigh - June 8, 2016 3 MIN READ

Sydney fintech startup zipMoney has announced an oversubscribed placement of $20.6 million to institutional and sophisticated investors. The placement is part of zipMoney’s funding plan to further expand its product offering, rollout new payments product zipPay and acquire personal finance management software, Pocketbook.

Topic

Seatfrog raises $1.2 million to launch app allowing airline passengers to bid on seating upgrades

Gina Baldassarre - May 31, 2016 3 MIN READ

Sydney startup Seatfrog, which looks to bring the joy of the airline upgrade to everyone rather than the select lucky few, has raised $1.2 million in a seed funding round led by London-based VC firm Howzat Partners.

Topic

Augmented reality startup Plattar raises $1.1 million seed round led by News Corp

Gina Baldassarre - April 18, 2016 2 MIN READ

Melbourne startup Plattar, a cloud-based platform that allows users to create, manage, and distribute augmented reality (AR) content, has raised $1.1 million in a seed funding round led by News Corp Australia, with participation from existing investors.

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