Canberra startup Aristotle Metadata has secured a $400,000 loan from Tractor Ventures in a capital raising exercise that shows the importance of venture debt as an option for startups. The Aristotle Metadata Registry is a data governance platform that helps organisations improve the quality, compliance and accessibility of their data; a growing challenge amid the… Read more »
Solar power startup MetroElectro has raised $1 million from its existing investor, Singapore climate tech VC Wavemaker Impact. The alongside the equity raise, the Melbourne startup, founded in 2024 by Lloyd Heinrich, also secured a $4 million debt facility from Ecotone Partners. Wavemaker previously backed MetroElectro’s $1.03 million pre-Seed round in May 2024. Heinrich will… Read more »
A growing number of start-ups are accessing venture debt to fund the growth of their business. With the primary appeal of limiting equity dilution, it’s easy to see why founders might jump on board the venture debt train. But venture debt has been linked to a number of collapsing startups both here and in the… Read more »
Venture capital alternative Lighter Capital has extended another $30 million fund offering non-dilutive funding to startups, with the Victorian government and iPartners, The 15-year-old revenue-based financier, originally from New York, launched in Australia in 2021, and was subsequently backed by Invest Victoria, the state government’s investment attraction agency, and iPartners, with an initial $30 million fund.… Read more »
Every startup founder faces strategic decisions that could make or break their vision – and one question looms large: how do you secure capital to fuel growth without handing away too much ownership? It’s a balancing act that has become increasingly relevant in the face of shifting market dynamics and founder insecurities about the most… Read more »
Business lender Fundabl is rebranding as it ramps up its focus on venture debt for startups. The three-year-old fintech will be known as Mighty Partners from October, changing its name just 10 weeks after announcing a $3.2 million raise from the likes of Stake founder and existing investor Matt Leibowitz. Ethan Singer and David Salkinder founded… Read more »
Business lending fintech Fundabl has raised $3.2 million in an equity round as it looks to increase its venture debt business as alternative capital for startups. Fundabl was founded by Ethan Singer and David Salkinder in 2021 before launching in March 2022, going on to raise $16 million in a mixture of equity and debt… Read more »
Melbourne biotech startup Prota Therapeutics has raised US$21 million (A$32m) ahead of a Phase 3 clinical trial for its oral therapy treatment for peanut allergy. The round, a combination of equity and debt financing, was led by Singapore-based SPRIM Global Investments (SGI). Australian VC OneVentures was an early backer of the biotech and one of… Read more »
Landlord borrowing alternative Futurerent, which lends property investors up to $100,000 of their rental income in advance, has secured $50 million in debt funding and is launching a new US division of the brand called Downpayments. The venture debt was provided by US VC Second Century Ventures and California-based lender Partners for Growth (PFG), which has… Read more »
HSBC Australia has added to the growing options for Australian companies seeking capital launching a venture debt product late stage venture capital-backed scaleups. It’s the first time a major bank has offered venture debt locally, with the option only appearing in recent years for early stage startups via the likes of OneVentures, Lighter Capital, San… Read more »
A non-bank lender looking to offer same-day bridging loans for property buyers has raised $50 million in venture debt. Sydney-based TechLend markets itself as “Afterpay for home loans” offering “interest-free”, paperless, bridging finance with same-day pre-approval. San Francisco lender Partners for Growth, which has a Sydney office, has delivered the $50 million in venture debt… Read more »
The Victorian government’s startup support arm, LaunchVic, has invested $300,000 new venture debt fund targeting bootstrapped revenue-positive startups. The LaunchVic agreement with Tractor Ventures is a new way of working for LaunchVic with the funds being provided as a loan rather than a grant. LaunchVic CEO, Dr Kate Cornick said the launch of the new… Read more »
A growing number of start-ups are accessing venture debt to fund the growth of their business. With the primary appeal of limiting equity dilution, it’s easy to see why founders might jump on board the venture debt train. But venture debt has been linked to a number of collapsing startups both here and in… Read more »
William Crock, co-founder of Hometime. Sydney-based Airbnb property management services company Hometime has landed a $6 million debt and equity funding deal with Australian technology venture capital firm OneVentures It’s the first deal from the new $100 million OneVentures Fund, launched less than 12 months ago. The fund is a partnership between OneVentures and Viola,… Read more »
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