Mother-daughter duo Tandadzo (Tando) Matanda and Dr Margaret Matanda will step on stage founder at SXSW Sydney this Tuesday as the founders of fintech platform Musa. Musa is the world’s first intelligent venture assessment platform, tackling the funding process for startups and small and medium enterprises (SMEs). Musa Ventures equips founders with the digital tools… Read more »
A B2B marketplace that speeds up cosmetics launch times has raised $10 million in a Series A led by Macquarie Capital. Sydney-headquartered Atelier streamlines and manages manufacturing, logistics and packaging for beauty, health or wellness brands to cut time-to-market by two-thirds. Founded in 2018, cofounder Nick Benson bills Atelier as “the future of manufacturing” and… 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 »
Sydney martech startup Mutinex has raised $17.5 million in a deal that’s nearly doubled the marketing spend analytics platform’s valuation in 12 months. The round was led by new backer Marbruck Investments, with support from EVP and Archangel Ventures, and ups Mutinex’s valuation to $132.5 million from $75 million 12 months ago when EVP led… Read more »
ASX-listed venture fund Bailador is having a busy week investing, ploughing an additional $5 million into financial advice software and investment platform Dash Technology Group to fund its acquisition plans. Alongside the $5m equity investment, Bailador is also stumping up $5m in a repayable debt facility for Dash to acquire Integrated Portfolio Solutions (IPS), a… Read more »
Jessica Baird-Walsh has founded two startups, and is an angel investor and advisor, so she knows the path ahead for women founders all too well. And that’s why she decided to to something about it, launching Capital X – a free, community-driven network of startup and tech professionals committed to supporting women founders to fund… Read more »
Investor sentiment and founder optimism appear misaligned with the total amount of venture capital flowing to startups in the first quarter of the 2025 financial year, falling to a multi-quarter low of $695 million, driven primarily by a drop in mega-rounds. The latest quarterly figures from Cut Through Venture (CVT) show that the Q3 (calendar… Read more »
ASX-listed venture capital fund Bailador Technology Investments Limited (ASX:BTI) has increased its stake in people management software platform Rosterfy, investing an additional $3 million. Rosterfy provides volunteer and workforce management software to not-for-profit (NFP) organisations, government volunteering bodies and mass-scale events.The SaaS platform allows organisations to recruit, screen, train, and schedule their volunteers better engage… Read more »
Quantum software developer Q-CTRL has topped up its Series B for a fourth time with an extra $88 million (US$59m) with the Sydney startup’s valuation jumping dramatically in the process. The raise takes the Series B, spanning three years, to $166 million (US$113m) in total and was led by UK late-stage venture firm GP Bullhound.… Read more »
Specialist climate tech investor Virescent Ventures is halfway towards its goal of creating a new $200 million fund thanks to backing from Westpac and the government-backed Clean Energy Finance Corporation (CEFC). Virescent Ventures hit the $100 million first close of its second climate technology investment fund (Fund II), following on from the first portfolio, managed… Read more »
OpenAI’s gobsmacking US$6.6 billion (A$9.5 billion) raise, announced last week at a US$157bn (A$230bn) valuation, has a small slice of Australia on the cap table, with Melbourne fund manager Boman Group chipping in A$10 million. The record raise for the San Francisco-based artificial intelligence (AI) startup was led by Josh KuschUS VC Thrive Capital with… Read more »
Global early-stage investor Antler has closed its 2nd Australian fund, raising $17 million more than planned to hit $77 million within 12 months. Antler previously raised its first $46 million local fund in 2019. Fund 2 will back more than 100 new pre-seed Australian startups and is already close to halfway there, having invested in… Read more »
Online education comparison platform Enrola has raised $800,000 in pre-Seed funding. The round was led by AfterWork Ventures, with support from Skalata Ventures, the startup’s first investor, Antler, and a strategic angel. Enrola was cofounded in November last year by Jo Thomas and Yvette Quinby and launched in 2024 to streamline the complex process of… Read more »
An Australian-US startup that’s developed an AI-based customer support agent used by the likes of Chemist2U and Eucalyptus to solve complex problems has raised US$5 million ($7.3m) in Seed funding. Lorikeet, named after the colourful and garrulous Australian parrot, was founded in mid-2023 (originally as Optech) by US-based former Stripe executive Steve Hind and former Google… Read more »
A booking and event management platform beloved by local councils has raised $5 million in its first external round after seven years of bootstrapping. The raise for Attekus was led by Five V Venture Capital, with support from Queensland government-backed QIC Ventures. Attekus was founded in 2017 by Tom Muller and Andrew Cutler, who worked… Read more »
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