Melbourne-founded digital greeting card startup Cardly has raised $230,000 in a seed funding round led by QUT Creative Enterprise Australia (CEA).
Canva has hit unicorn status, raising US$40 million from Blackbird Ventures, Felicis Ventures and Sequoia China, to reach a valuation of US$1 billion.
Rideshare vehicle rental startup Splend has raised $7.2 million in funding, handing over a 12.5 percent stake to Toronto Stock Exchange-listed company Element Fleet Management.
Airwallex has secured a further US$6 million ($8.73 million) in follow-on Series A funding from local VC firm Square Peg Capital.
In AirTree’s portfolio, over 70 percent of our portfolio companies are B2B and very few rely solely on self-service sales to grow their customer base.
Mentorloop has raised $725,000 in funding from venture capital firms Blackbird Ventures, Rampersand, and Tempus Partners, and a number of angel investors.
Westpac-backed venture capital firm Reinventure has backed property investment platform BrickX, as part of the startup’s yet-to-close Series A round.
Startups in the wide-ranging Australian healthtech sector have raised more than a combined $165 million in funding, while biotech sits at $87.8 million.
Leading investment totals for IoT agtechs is The Yield, which applies its flagship ‘Sensing+’ technology to detect the microclimate of an ecosystem
InsurTech has been pinned as a growing industry thanks to claim and drone startups, although it is faced with fundamental challenges, according to a report.
Sitting behind fintech startups, the expected champion in NSW amongst all the industry segments, are health and biotechs.
Founders have used landing pads to springboard their startups into the US, including KoalaSafe, Event Workforce Group, Indee Labs, Gym Sales & Open Cities.
Targeting a Chinese audience, the Grei app looks to improve financial literacy through mentorship from experts and leaders and educational content.
The Federal Government has today revealed a new legislative package that will allow private companies to access equity crowdfunding.
Targeted at “lower net worth individuals”, the Ilumony platform is primarily focused around providing advice on KiwiSaver account.
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