Queensland biotech Lucia Bio has topped up its Seed round with an additional $2 million to take the total raised to $3m. The startup, launched last year, is a joint venture between UK commercialisation firm Molecule to Medicine (MTM) and investor UniQuest’s QEDDI (Queensland Emory Drug Discovery Initiative) team at the University of Queensland (UQ).… Read more »
Whole-body MRI scans startup OneMRI, cofounded by Dr Vu Tran and Andrew Barnes from edutech Go1, has banked $2.5 million in a Seed raise. A panapoly of investors joined the round, including OIF, TEN13, Antler, Salus, AfterWork, Archangel, Black Sheep Capital, Prtnr, Tribe Global, and Larsen Ventures, as well as clinicians and radiologists. Tran and… 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 »
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 »
Disability tech accelerator Remarkable has backed one of its alumni in a $3.5 million Seed raise for Sociability, which helps people with disability discover accessible spaces. Remarkable’s investment came through its Scaler co-investment initiative, which backs disability tech startups in Australia, the UK, US, and elsewhere. The raise for Sociability was led by Britain’s Growth… Read more »
A Sydney startup tackling visual merchandising for retailer has raised $6 million (US$3.75m) in a second Seed round as it looks to ramp up its presence across the Pacific amid rapid growth in the US market. US VCs Coreline and Veridical Ventures led the round for Flagship, with support from Tidal Ventures, and Macdoch Ventures, for… Read more »
Victorian climate tech startup Phnxx has raised $1.8 million in Seed funding to scale its modular energy system for the construction, mining and agriculture sectors. The round was supported by ASX-listed engineering company Synertec, ENGIE Factory, deep tech VC Pacific Channel, LaunchVic’s Hugh Victor McKay Fund and several angel investors. Synertec has partnered with the… Read more »
A Melbourne startup building AI agents for the disability and aged care sectors has raised $2.5 million in Seed funding. The round for Minikai was led by Tidal Ventures with participation from Antler. Tigerspike founder Luke Janssen previously backed the startup with a six-figure pre-Seed investment nearly 12 months ago. Minikai’s AI agents are hoping to… Read more »
Mimecast cofounder and angel investor Peter Bauer has led a $2 million Seed round for superannuation industry regtech Nuj as part of a $4 million equity and debt deal for the startup. Nuj, founded in 2020 by Matthew McKenzie, is a data platform and insights engine positioned between superannuation funds and the regulator, delivering real-time insights… Read more »
Geospatial tech startup Terria has spun out of science agency CSIRO, after raising $3 million in a Seed round backed by deep tech VC Main Sequence. Terria organises and visualises spatial data in digital twin formats to make data accessible It simplifies the complex process of creating digital twins, and online virtual replicas of buildings,… Read more »
AI-focused e-learning platform Build Club has raised $1.75 million in a pre-Seed round led by Airtree and Blackbird. Also hitting the PayTo button for the round were Archangel Ventures, Co Ventures and Treble VC, and angel investors including Startmate’s Small Bets Fund, Curious Thing founder Sam Zheng, Superpower’s Max Marchione, Eric Chan from Aura Ventures… Read more »
Migration process platform Matilda launches this week after raising $1 million in a pre-Seed round The raise was led by AfterWork Ventures, with support from Victoria Denholm’s Wollemi Capital, Everywhere VC, Co-Ventures and Startmate. This funding is to accelerate the development of the Matilda platform. which aims to make migration more streamlined and stress-free. Cofounder… Read more »
A hospitality operations management platform used by cult frozen yogurt chain Yo-Chi has raised $5.1 million in Seed funding as it eyes off US expansion. Restoke.ai, founded in 2020, is the brainchild of former chef and restaurateur Assaf Stizki and machine learning specialist Ken Brand. The artificial intelligence-based management platform integrates with existing restaurant systems… Read more »
Cash management fintech Primary has raised $3.5 million in Seed funding to help small business puts its capital to better use. The round was round led by Carthona Capital, supported by local funds Macdoch Ventures, Archangel, AfterWork Ventures, and Ari Klinger’s No Brand, as well as Singapore’s Resolution Ventures. Carthona partner Damian Fox will join… Read more »
US climate tech investor Sophie Purdom has made her first international investment via her New York VC fund Planeteer Capital, leading a $5.3 million Seed round. Purdom visited Sydney late last year as a keynote speaker at Climate Salad‘s Climate Tech Festival, which featured more than 50 Australian climate tech startups. The one she’s picked… Read more »
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