Proptech startup FLK it over has raised $2.5 million as it looks to expand beyond real estate with its electronic document signing solutions. Former real estate agent Andrew Colagiuri founded the startup in 2016, setting out to make administrative tasks, such as tenant signing, less cumbersome. He previously raised $2.13 million in 2022 from the… Read more »
The Queensland government’s support for women in startups has continued with two grant programs under the $8 million Backing Female Founders initiative currently accepting new applications. The Accelerating Female Founders Program provides grants worth between $50,000 and $200,000 for business support initiatives, such as mentoring and advocacy support and customised business development activities, for female-led… Read more »
The Victorian government’s startup arm, LaunchVic, has a new bucket of grants of up to $300,000 for specialised angel networks to invest in pre-seed and seed rounds in the state. LaunchVic CEO Dr Kate Cornick said the new grant round would work to inject more capital into the market when early-stage funding in Victoria remained… Read more »
Melbourne startup Bae Juice has raised $1 million for its ‘hangover prevention’ drink as it looks to expand in the US. The round was backed by Perth gaming billionaire Laurence Escalante via his family fund, Lance East Office, with existing investor Honan Capital also chipping in. Escalante became a fan of Bae Juice after tucking… Read more »
Cybersecurity startup Nullify, which uses artificial intelligence (AI) to help software developers and security teams detect and fix potential vulnerabilities in code as it’s being written, has raised US$3.41 million (A$5.2m) in Seed capital. The round was co-led by US VCs Two Sigma Ventures and Root Ventures ahead of the startup’s plans to launch in… Read more »
Wellbeing expert advice marketplace Anni has banked $1 million in a Seed raise just five months after launching. The round has backed by several unnamed high net worth individuals and family funds and will be used to build out the wellbeing platform in areas such as online video consults, digital goods and distributed cross-platform on-demand… Read more »
A Melbourne-founded healthcare platform focused on the NDIS has banked US$8.2 million (A$12.6m) in Seed funding. The round led for Kismet by Dutch-listed internet investment firm Prosus Ventures and existing backer Airtree Ventures. The startup previously raised A$4m in pre-Seed capital in May last year, with from Airtree, Black Nova and Flying Fox. The startup,… Read more »
A Victorian startup based at Monash University has raised $9 million to develop carbon-neutral “green” ammonia for the agriculture sector. Jupiter Ionics is the result of research by scientists at the university’s School of Chemistry, Prof Doug Macfarlane, and Assoc Prof Alexandr Simonov. The electrochemical technologies they’ve developed has resulted in modular ammonia production systems… Read more »
Fashiontech startup Bandicoot Imaging Sciences has raised $1 million in pre-Seed funding for its fabric digitisation technology. The round was led by Hong Kong VC qonvolv Ventures and included Precision Textiles and Mou Fung Ltd., as well as previous investor, NewSouth Innovations from UNSW. Bandicoot Imaging previously raised $330,000 in July 2020 in an angel… Read more »
Welcome to The Ask, Our new column on Startup Daily designed for founders looking for capital. It may be venture capital, crowdfunding or another path, and is designed to flag your startup to potential investors. If you’re on the hunt for cash, we’re happy to share the news with Australia’s startup community. This is your… Read more »
Gold Coast-based Gilmour Space Technologies has raised $55 million in a Series D ahead of a maiden launch in Queensland later this year. The raise was led by the state government-backed Queensland Investment Corporation (QIC), an existing investor, alongside VCs Blackbird and Main Sequence, plus superannuation funds HostPlus and HESTA. The cash will fund the… Read more »
A jobs marketplace targeting Generation Z with AI-based matching has raised $7 million in its Seed round. Sydney-based Hatch was cofounded by The Iconic cofounder Adam Jacobs and Zip cofounder Chaz Heitner in 2018. The raise was led by Rampersand, with support from Alberts Impact Ventures, Aura Ventures, Jelix Ventures, and Investible, as well as existing… Read more »
Sydney quantum startup Diraq has raised US$15 million (A$23m) in Series A-2. The round was led by Paris-based Quantonation, the world’s first VC fund dedicated to quantum technologies. Also investing were John Higgins Family Investments and the University of New South Wales. The A-2 raise tops up US$20 million, led by Allectus Capital, when it… Read more »
A vector search startup for ecommerce, founded by a former Amazon robotics scientist and engineer, has raised US$12.5 million (A$19.4m) in a Series A, just six months after banking A$8.1m in a Seed round. The fresh raise for Marqo, was led by Lightspeed, with support from Blackbird, January Capital, and Chronosphere founder and CTO Rob… Read more »
Climate startup CarbonHQ, has raised $600,000 in pre-Seed capital to bring transparency and accountability to carbon credits. The raise was backed by early-stage VC funds Galileo Ventures and Investible. CarbonHQ aims to improve the efficiency and transparency of carbon projects and address the $3 billion voluntary carbon market (VCM). They are currently developing a digital platform… Read more »
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