Sean Law and Tom Sawkins
Funding

Outdoor adtech startup Doohly banks $500,000 pre-Seed to speed up digital ad execution

- April 29, 2024 2 MIN READ

Outdoor advertising startup Doohly has raised $500,000 in a pre-Seed round. The raise was backed by Melbourne VC Skalata along with Archangel Ventures, with the funding earmarked to expand Doohly’s digital-out-of-home (DOOH) offering. The startup is an end-to-end programmatic ecosystem for DOOH advertising, combining an independent content management system (CMS) with native integrations to a programmatic… Read more »

Deeligence, Elena Tsalanidis and Justin Hansky
Funding

Alice Anderson fund backs AI-based legaltech startup in $1 million pre-Seed round

- April 26, 2024 2 MIN READ

A legal tech startup cofounded by two lawyers has raised $1 million in pre-Seed funding, backed by LaunchVic’s Alice Anderson fund for female founders. Deeligence, founded by Elena Tsalanidis and Justin Hansky, is using artificial intelligence to tackle legal due diligence. They conceived the idea for the startup after realising that most law firms are still… Read more »

RayGen Resources CEO, Richard Payne
Funding

Solar power startup Raygen generates $51 million in Series D

- April 23, 2024 2 MIN READ

Victorian solar generation and thermal storage company RayGen has kicked off a Series D raise with $20 million from Breakthrough Victoria alongside a US$20 million (A$31m) follow-on investment from NYSE-listed SLB, as part of plans to expand offshore.  RayGen uses proprietary photovoltaic solar modules that generate nearly 2,000 times more power than traditional photovoltaic systems… Read more »

Lance Qian and Jing Chen
Funding

Small business marketing startup WorkRex bags $220,000 pre-Seed raise

- April 23, 2024 2 MIN READ

Melbourne startup WorkRex has raised $220,000 from early stage VC Skalata for its all-in-one customer marketing platform for small business.  Cofounders Jing Chen, Lance Qian, and Myron Liu – an optometrist, ex-McKinsey consultant, and software engineer respectively – developed the platform after a deep dive into how small-to-medium-sized are struggling to keep up with growing… Read more »

Prep, Sean Miller and Mathieu Jamet
Funding

B2B food distribution marketplace Prep serves up $200,000 pre-Seed round

- April 18, 2024 2 MIN READ

Food distribution startup Prep has raised $200,000 from Melbourne VC Skalata to connect major food retailers, corporates and restaurants with emerging food brands. Prep enables food producers and brands to efficiently scale B2B distribution – anywhere – for a low margin. The platform integrates with a producer’s existing ordering systems, and is five times more… Read more »

Funding

Agricultural waste conversation startup Bygen banks $2.6 million Series A

- April 16, 2024 2 MIN READ

A startup turning agricultural waste into activated carbon, which is used to filter environmental toxins, has raised $2.6 million in a Series A. Government-backed investment fund Breakthrough Victoria chipped in $1 million, joined by VCs Alberts Impact Ventures, Investible, Artesian and Startmate. The funds will support the testing and establishment of Bygen’s large-scale production plant,… Read more »

Funding

NDIS self-managed healthcare startup PlanCare pockets $2.5 million from Perth’s new VC

- April 16, 2024 2 MIN READ

Western Australian self-manage care platform PlanCare has topped up its Seed round to $2.5 million from existing backer Purpose Ventures. The new Perth VC originally backed PlanCare in July 2023, and the additional funding is the first follow-on investment from Purpose. PlanCare founder Dave Newman previously ran Morning Startup for more than a decade and… Read more »