Brand new edtech startup Alumly has secured what it says is one of 2025’s largest early-stage tech investments to help university students find work. While the size of the angel round was not disclosed, Startup Daily understands it topped 7-figures. The raise was led by Ann and John Ellis, cofounders of Mauve Group, a London-based,… Read more »
Sydney startup Brainfish has banked another $9.8 million (US$6.4 million) in a pre-Series A to ramp up its US focus. The round was led by European VC Prosus Ventures, with support from existing backers, including Peak XV’s Surge and Macdoch Ventures. The AI software platform previously raised $3.85 million in May 2024, and has now… Read more »
Sydney artificial intelligence (AI) and data insights fintech MogoPlus has raised $1.5 million from existing UK investor New Model Venture Capital Group. The funding will be used to expand the scale-up’s existing AI-based credit insights portfolio and help it expand into other emerging open data markets and verticals globally. MogoPlus provides vertical agentic AI solutions… Read more »
Brisbane patient experience software provider Five Faces, has raised $1 million in a Series A. The round was led by Utiliti Group, with support from Queensland Government initiative, the Female Founders Co-Investment Fund. It’s the first external round for Alphalitica (trading as Five Faces), which will use the capital to develop new digital health solutions… Read more »
It’s often those most entrenched in existing systems (and have benefitted from them) that disparage and deny the usefulness of novel forms of doing, well, anything. While business financing isn’t the only area where this happens, it might be the sector in which this attitude is most harmful, in terms of holding back innovation in… Read more »
Two deep tech companies created from research at national science agency CSIRO have merged after raising $11 million. MagnaTerra Technologies is the result of combining mining innovator NextOre and explosives detection startup MRead. Together they have more than two decades of sovereign innovation in Magnetic Resonance (MR) sensing, a rapid, accurate, and safe detection technology developed… Read more »
Cryptocurrency exchange Coinstash has raised $4.7 million in a Series A led by an undisclosed Brisbane family office. The eight-year-old digital assets fintech plans to use the cash for platform development, team expansion and user acquisition, with a plan to treble its current customer base. Coinstash CEO Ting Wang said the business has now raised… Read more »
Australia has one of the world’s most capital-efficient startup ecosystems analysis of the local venture investment market reveals, creating bigger and better tech companies for fewer dollars. The Australia Venture & Startup Report 2025, from Sydney VC Side Stage Ventures in collaboration with Dealroom and AWS, set out to benchmark the performance of local venture… Read more »
Adelaide VC Eastend Ventures has secured $10 million in commitments for its debut fund, which will be the first in South Australia as an Early Stage Venture Capital Limited Partnership (ESVCLP). The $50 million Eastend Ventures Fund 1 intends to invest in up to 30 early-stage, high-growth, business-to-business (B2B) startups across South Australia, Western Australia… Read more »
Advisory firm Meliora founded by former media executive Clive Dickens, has moved into venture capital, backing three AI startups in Australia in a partnership with student-focused fund. NextGen Ventures. Meliora Ventures, the company’s investment arm, has deployed around $1.5 million in total, including for two European generative AI startups with a business focus, Dublin’s Quickfind… Read more »
Real estate proptech FoundIt has raised $2 million in a pre-Seed to give buyers greater insights when buying property. The raise was backed by a strategic group of real estate experts, including Realbase cofounders Frank and Jacques Greeff, Realtair’s Peter Matthews, and Propps founder Daniel Bignold. FoundIt, the brainchild of former Domain executive Angus Ferguson… 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 »
A New Zealand agtech scaleup Halter has hit unicorn status with a A$1.55 billion (US$1bn) valuation following a $155 million in a Series D. The round was led by US investor Mary Meeker’s Bond, with support from NewView Capital, and existing investors including Bessemer Venture Partners, DCVC, Blackbird, NZ’s Icehouse Ventures, and Promus Ventures. Bond’s investment… Read more »
Not-for-profit medical products investor and accelerator MTPConnect has backed 14 Australian science companies with a combined $12.07 million to develop new devices and drugs. The funding comes from MTPConnect’s Targeted Translation Research Accelerator (TTRA) Drugs and Devices program, which is backed by the federal government’s $24 billion Medical Research Future Fund. The ideas span cardiovascular disease… Read more »
Contactile, a deep tech startup giving robotics the subtlety of human-like touch, has scored $268,712 from the federal government under its Industry Growth Program The matched funding will go towards the the commercialisation of its tactile sensor-enabled smart robotic gripper. Contactile’s patented tactile sensor array has created a smart gripper measures 3D deflection, force, vibration, torque,… Read more »
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