Officely, a desk booking service for hybrid offices, has raised US$2 million (A$2.8m) in seed funding. The round was led by investor TEN13 alongside angels such as Go1 co-founder Vu Tran and Luxury Escapes co-founder Adam Schwab. The funds will be used to expand the team, and grow the product offering and feature sets. Officely was… Read more »
New Zealand agritech startup Croptide, which transmits plant water health to a farmer’s phone in seconds, has raised $1 million in pre-seed funding. The round led by Icehouse Ventures with support from Sir Stephen Tindall’s K1W1 and Masfen Group. Croptide uses internet-enabled sensors to provide timely water measurement data to fruit and wine grape growers.… Read more »
New Zealand fleet inspection and maintenance software startup Whip Around has raised NZ$21 million (A$20m) in a Series B. The round was led by New Zealand-based Punakaiki Fund and US VC firm Amplo. Founded in 2016 by Tim Boyle and James Colley, Whip Around develops solutions to tackle the compliance burden for transport companies in… Read more »
Ecommerce tech platform Rokt has raised the bar on venture capital backing for Australian startups after raising A$458 million in a Series E. It’s the biggest single venture raise in Australian history and values the business at $2.75 billion. That more that doubles the company’s valuation from A$1.36 billion in June following a secondary share… Read more »
Western Australian billionaire and environmental campaigner Andrew Forrest has backed Sydney plant-based proteins company ProForm Foods as it looks to to target international markets. The strategic minority stake – its value was not disclosed but it’s believed to be around $5 million – came through Forrest’s family company Tattarang’s agri-food venture Harvest Road. ProForm Foods is… Read more »
Online teaching and learning platform Atomi has raised $9 million in a Series A. The round led by Sydney VC OIF Ventures amid plans for continued international expansion and team growth in the US and UK. Playing in the e-learning space alongside the likes of Education Perfect, Atomi is an online teaching and learning platform that video… Read more »
Online grocery supermarket VOLY has raised $18 million in a seed round just five months after launching. The round was led by Sequoia Capital India, with increased backing from Global Founders Capital (GFC) and Australian-based Artesian Capital. The business launched in July 2021 seeking to take on the rapid food delivery market with a promise… Read more »
Cancer research and drug development biotech company Inventia Life Science has raised $35 million in a Series B. The round was let by Blackbird Ventures, with Skip Capital the family VC of Kim Jackson and Atlassian’s Scott Farquhar once again backing the Sydney-based company. Inventia has now raised $45 million in total. Founded in 2013… Read more »
Runn.io, a New Zealand software startup that offers company project managers the ability to plan, track and forecast staffing capability and capacity, has raised US$1.41 million (A$2m) in a Seed round. The round was backed by leading NZ VC GD1 as well as Wavemaker, NZGCP, K1W1, Dovetail Ventures, Icehouse Ventures and Angel Marlborough. The funding… Read more »
A tech consulting venture that helps companies and governments build and market apps, from Qantas to the ATO, has raised $3 million as it looks to go on an acquisition spree. Sydney-based Terem Technologies, founded in 2011 by Scott Middleton, raised the cash in a round led by Sydney investment firm Parc Capital. Middleton said… Read more »
A management strategy startup its founder says will help executives “fight fires before they happen” has raised $637,000 in a seed round several months before it launches. Empiraa was founded by Ash Brown after he worked as a senior manager in three businesses and realised that the teams never had an effective platform to manage… Read more »
Sydney startup DiviPay has raised $20 million in a Series A as it looks to expand internationally. The company did not disclose who led the round, saying only that it was a “global fintech-focused growth equity investor”. Other backers in this round include Global Founders Capital, Rapyd’s new VC arm, Rapyd Ventures, Raffael Johnen from… Read more »
New Zealand crime intelligence software startup Auror has raised NZ$30 million (A$28.5m). The round was led by Movac, New Zealand’s largest VC firm, with support from GD1, Silicon Valley-based Shasta Ventures, and Sydney-based Folklore Ventures in a mix of primary capital and secondary transactions. Movac partner Lovina McMurchy will join Auror’s board. The company plans… Read more »
ASX-listed Touch Ventures has backed Melbourne VC Skalata Ventures as it looks to raise $50 million for its second fund. The Touch investment takes commitments to the fund past the $25 million mark. Afterpay co-founder Anthony Eisen has also taken a personal stake in Skalata Fund II, which is aiming to support 50 Australian startups… Read more »
Sydney venture capital firm Investible has closed its second early-stage investment fund oversubscribed, with AU$51.6 million in committed capital. The VC hit $35 million for the Fund 2 in June. The final figure more than doubles the $22.5 million raised for Fund 1 in 2019, delivered in 9 months – half the timeframe of its… Read more »
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