Construction engineering platform SPEC Toolbox has raised $3 million in a pre-Series A. The investment was co-led by Black Nova and Investible. The Melbourne design software platform specifically for mass timber construction was founded in 2023 by structural engineers Adam Jones and Ringo Thomas as CLT Toolbox, rebranded after realising that design bottlenecks weren’t just… Read more »
Victorian government-backed venture fund Breakthrough Victoria has lured another NSW startup across the border, investing $2 million in proteins manufacturer Harvest B as part of a $3.5 million pre-Series A. The round was led by Mandalay Venture Partners, supported by Breakthrough Victoria, Alberts Impact Ventures, the Investible Climate Tech Fund, and Investible Club. In January,… Read more »
A semiconductor technology startup that’s developed a new way to print chips for artificial intelligence has raised $8.8 million in pre-Series A funding. The raise for ANU spin-out Syenta was led by Investible, with support from existing backers Blackbird Ventures, Jelix Ventures and Brindabella Capital, as well as new investors In-Q-Tel, SGInnovate, OIF, Salus and… Read more »
Termina, a software startup that helps small business get cheaper energy prices through collective buying, has raised $3 million in a pre-Series A. The round was led by Sydney VC EVP, via its Fund IV, with support from existing investors Archangel Ventures and Skalata. The five-year-old Melbourne startup plans to expand globally, with eyes on… Read more »
Logistics scheduling software startup Veyor Digital has raised $2.75 million in a pre-Series A with its eyes on US market expansion. The round was led by Sydney VC Investible via its Early Stage Fund 2 alongside members of its Club Investible syndicate and other angel investors, as well as Aconex cofounders Leigh Jasper and Rob… Read more »
New Zealand lawtech startup VXT has raised NZ$1.8 million (A$1.65 million) in a pre-Series A. The round was led by existing investor GD1 with follow on-investments from Startmate and Phase One too as well as Silicon Valley entrepreneur and former Lattice boss J Zac Stein joining the cap table. VXT has developed an AI-powered communications… Read more »
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