New Zealand markets investment platform Sharesies has raised NZ$50 million (A$48m) in a series C that values the business at NZ$500 million (A$480m). The round was led by existing investor Amplo. The US VC firm contributed around half the raise to take a 7.5% slice of the company. New Zealand VC Icehouse Ventures also backed… Read more »
Decarbonisation startup Loam Bio, which uses microbes microbes to sequester carbon in farm soils, has raised $40 million in a series A. The round is led by Marc Benioff’s TIME Ventures. Other investors include Main Sequence Ventures, Horizons Ventures, the Clean Energy Finance Corporation, Acre Venture Partners, Mike Cannon-Brookes’ Grok Ventures, Lowercarbon Capital, and Fiona… Read more »
New Zealand climate tech startup Vertus Energy has raised $1.2 million in a pre-seed funding round for its green fuel production technology. The round was led by Icehouse Ventures with support from NZ deep tech hub Outset Ventures, Startmate, and NOAB Ventures. The The new funds will enable Vertus Energy to expand its field pilots, making… Read more »
Proptech platform Inspace, which enables real estate agents to host virtual property inspections, has raised $4 million in a pre-series A as it eyes off the US and UK markets. The round was led by Our Innovation Fund (OIF) with support from Aconex co-founder Leigh Jasper, seed VC Investible and Artesian. OIF Partner Geoff Levy,… Read more »
Digital share trading and superannuation platform Superhero has raised $15 million in a new round to support international expansion plans. The round was led by Perennial Value Management and included other high-profile investors, including Regal Funds Management, Ophir Asset Management and Alex Waislitz’s Thorney Investment Group. The fresh cash injection follows a $25 million raise… Read more »
Encryption technology startup CipherStash has raised $3.3 million in a seed round as it looks cracking the US market. The round was led by AirTree and US VC Nexus Venture Partners, supported by Linktree CTO Zak Islam,Threatmatric co-founder Alisdair Faulkner and Buildkite’s Keith Pitt. The startup is an end-to-end, searchable encrypted data storage platform. It… Read more »
Hearing technology Hemideina has raised $10 million series A. New cornerstone investors in the round include Escala Partners, InterValley Ventures and Geoni Capital. The funds are to build the team and technology development program, with one eye on a potential IPO down the track. Research scientists Dr Kate Lomas and Dr Elizabeth Williams founded their… Read more »
Money management fintech Parpera has raised $1.3 million as it ramps up to launch its Banking-as-a-Service (BaaS) enabled offering. Earlier this week, the company announced plans for a mobile app-based business solution developed in a partnership with Railspay. The fintech, which is focused on sole traders, freelancers, and entrepreneurs as a potential target market of more… Read more »
Proptech ResVu has raised $1.5 million in a strategic investment from real estate software company MaxSoft Group. The Adelaide startup has built a white label mobile app and management platform for strata companies. It plan to use the funds intends to build its sales and marketing team ahead of an international push, as well as… Read more »
Byron Bay eco-startup, Zero Co, rewrote the history of Australian crowd-sourced funding (CSF) on Tuesday after raising $5 million in just 6 hours and 27 minutes. It’s the largest CSF campaign in Australian history – $5 million is the maximum under law – and beats the previous record by $2 million. It also broke several… Read more »
Melbourne construction tech startup BuildPass has raised $1 million in a pre-seed round. The raise was backed by local construction industry companies and strategic US-based investors with the company looking to expand into the US market in the next 1-2 years. BuildPass was co-founded by Matt Perrott and Aaron Vanston, who met with principle engineer, James… Read more »
Mum and dad investors eager to invest in plastics waste reduction startup Zero Co have flooded the website of crowd-sourced funding (CSF) platform Birchal ahead of the company’s $5 million raise. More than 2500 people pre-registered for the Birchal campaign during the expressions of interest phase. With the offer due to open to investors at… Read more »
Environmental startup Zero Co has raised $6 million from VC firm Square Peg Capital just as the venture launches the biggest crowd-sourced funding (CSF) campaign in Australian history. The 11-month-old Byron Bay company, which is reducing plastic waste generated from common household products, is already generating more than $1 million a month in sales of refillable… Read more »
Live entertainment startup, Muso, has cranked up the volume as the nation emerges from lockdown with a $2 million seed-plus raise for international expansion plans. The round was led by Melbourne VC Rampersand, with a syndicate headed by Athena Home Loans co-founder Michael Starkey also chipping in alongside Alberts Impact Capital, Flying Fox VC and… Read more »
GovConnex, a political intelligence and relationship management platform, has raised $1 million in a round led by local VC Black Nova. The funds will be used to scales platform to organise all of Australia’s government data amid plans to expand internationally by the end of 2021. The GovConnex platform, which launched in 2019, captures information… Read more »
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