Multitudes, a software platform to manage and improve culture and performance, has raised NZ$2.4 million (AU$2.2m) in a seed round to build their beta product. Blackbird Ventures led the oversubscribed round alongside former Reddit CEO Ellen Pao, and Culture Amp co-founder Jon Williams. Multitudes uses workplace data to give managers insights and coaching to create… Read more »
Melbourne-based NextGen Funds Management has launched the country’s first Artificial Intelligence (AI) Fund. The fund, for sophisticated investors, will invest in a mixture of debt and equity in ventures ranging from startup to pre-IPO. NextGen Funds Management Head of Distribution Samuel Mullavey said the fund will take a sector-neutral approach in areas are where AI… Read more »
Square Peg Capital has led an $18 million round into a three-year-old medtech startup that’s like Tinder for clinical trials, matching researchers with patients. Paul Bassat’s fund led a $6 million series A into HealthMatch, founded by a UNSW med student, in late 2019 following a five-day crash course into the startup, and then joined… Read more »
Order fulfilment venture Shippit has raised $30 million in a series B round to expand in Asia and Australia. The round was led by New York based investment fund Tiger Global Management, which earlier this year closed an oversubscribed US$3.75 billion private-equity fund to invest in private tech companies. Germany’s Global Founders Capital was also… Read more »
Telehealth venture Coviu has raised $6 million in the wake of the company’s growth during the coronavirus pandemic. The round was backed by Equity Venture Partners, with investment director Daniel Szekely joining the board, alongside the Giant Leap Fund from Impact Investments, the CSIRO’s VC fund, Main Sequence Ventures and the Medical Angels investment group.… Read more »
Fintech Limepay has tapped its investors for another $21 million, just seven months after raising $6 million. The company, which offers retailers a white label buy-now-pay-later solution, launched the pre-IPO raise in October shortly after signing on games retailer EB Games as a client. The platform is built on the technology of US payments fintech… Read more »
Sydney software startup Elenta has closed has oversubscribed seed round less than six months after launching, raising $1 million. The corporate learning venture, which launched in June through Antler Australia’s Sydney accelerator program. Having given the brand-new venture a pre-seed investment, Antler followed on with the seed round, which was also backed by Black Nova Group… Read more »
Aconex co-founder Rob Phillpot has backed Melbourne-based builder software company Buildxact in a $6 million raise, 12 months after his fellow co-founder became an investor in the nine-year-old startup. Jasper returned to back the latest round. Buildxact creates software for residential builders for estimating and job management. The cloud platform streamlines the building process from… Read more »
Melbourne-based tech startup Pearlii, a world-first dental app for check-ups, has raised $1.25 million in seed investment from some of Australia’s most prominent investors, including Roger Allen and Justin Liberman. Founder and CEO, Dr Kyle Turner has developed artificial intelligence technology to scans a Pearlii user’s dental photos to check for common problems such as… Read more »
Morse Micro, which is reinventing Wi-Fi technology for the Internet-of-Things (IoT), has raised an extra $18 million in its Series A to take the total round to $42 million. The Sydney deep tech venture, founded in 2016, has some of original inventors of Wi-FI in the team and will use the funds to expand its… Read more »
Impact startup Like Family has raised $2 million in seed funding in a round led by Giant Leap Fund. Alberts Impact Capital and Pangaea Impact Investments also invested in Like Family (formerly Home Care Heroes) for its continued Victorian expansion and to grow the team. Jenna Leo and Mathieu Bertrand founded their NDIS-approved marketplace in… Read more »
Serial Australian entrepreneur Tim Kentley-Klay is back in founder mode two years after being fired from his autonomous mobility company Zoox, with a new robotics ventures that’s attracted support from mining billionaire Andrew “Twiggy” Forrest. His latest idea, launched this year, is HYPR – not to be confused with the US influencer marketing platform or… Read more »
New Zealand virtual pharmacy startup, ZOOM Health, which founder David Taylor calls the “Uber Eats of prescriptions”, is looking to raise NZ$3 million via Kiwi investing marketplace Snowball Effect. Taylor, ZOOM’s MD, founded the healthtech venture in 2017, targeting people on multiple medications who struggle to get to the pharmacy with a delivery option. “Whilst… Read more »
Software venture Marketplacer, which provides ecommerce solutions for leading Australian retailers such as Myer, Metcash and Bob Jane T-Marts, has raised $20 million as it plans to head to an IPO in early 2021. Founded in Melbourne in 2012, the company creates backend online marketplace software and raised $20 million 12 months ago in what… Read more »
Freelancer and solo entrepreneur accounting platform Bookipi has raised $1.6 million in a seed round co-led by Sydney VC Our Innovation Fund and Steve Baxter’s investment syndicate TEN13. Bookipi, founded in 2017, is targeting the freelancer and micro SME sector with its book-keeping platform and already has a user base of more than 640,000 customers… Read more »
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