A healthcare startup that simulates real life patient conversations to help doctors and nurses communicate better has raised $1.5 million in Seed funding. The round in SimConverse was led by Folklore Ventures, with support from Artesian. SimConverse was founded by Aiden Roberts and Will Pamment after they met at uni, studying medicine. They has set out… Read more »
A New Zealand medtech startup that’s developed a world’s first wireless brain monitor to remotely manage chronic illness has raised NZ$6 million (A$5.6m) to take the device to clinical trials. Kitea Health spun out of the University of Auckland Bioengineering Institute after developing the implantable long-term brain pressure sensor, which could save the healthcare system… Read more »
Sydney business payments fintech Till Payments has raised $70 million in a Series D, having shed 40% of its staff earlier this year. The company cut 120 staff at the start of 2023 amid a 5-month hunt for capital ahead of plans to list on the US NASDAQ later this year. “Despite our significant successes,… Read more »
Tasmanian accounting software startup Sumday has raised raised $2 million in a pre-Seed round as it looks to expand globally. The raise was backed by VC funds Blackbird and Possible Ventures, as well as Canva cofounder Cameron Adams and Lisa Miller, CEO of Wedgetail Ventures. Sumday gives accountants and bookkeepers the ability deliver non-financial accounting… Read more »
Sydney biotech company SpeeDx has raised $26 million for US expansion and to ramp up its diagnostic technologies for illness such such as cancer. The raise included $5 million from Dr Andrew Forrest’s new $250 million VC fund Tenmile, which the WA mining billionaire launched last year with backing from his private investment company, Tattarang. Existing… Read more »
India has established itself as a noteworthy startup hub in the Asia-Pacific (APAC), attracting considerable venture capital (VC) funding. It’s among the top four markets globally, alongside the US, the UK, and China. In 2022, India accounted for 5.1% and 6.3% of global VC funding value and volume, respectively. Nevertheless, investor confidence has taken a… Read more »
Investor appetite for agriculture startup Our Cow has seen the butcher subscription startup raise nearly $1.5 million from more than 750 investors in the first 24 hours of its Birchal crowdfunding campaign. Farmers Bianca Tarrant and Dave McGiveron launched Our Cow in Northern NSW in 2019 after nearly losing their farm in droughts and then the… Read more »
Chronicle is transforming how presentations are made It replaces slidedecks, saving hours of preparation The startup raised $7.5m led by Accel & Square Peg The plaform is currently in beta mode Presentation platform Chronicle has raised $7.5 million from angel investors working for some of the biggest names in tech. The raise was led by Accel… Read more »
Payments software scale-up DataMesh Group has raised $30 million in a Series A. The round was led by NAB Ventures, with new investors including Deutsche Bank, ANZ’s VC arm, 1835i Ventures, Wunala Capital, Fifth Estate and Peregrine Corporation. NAB Ventures previously backed DataMesh in late 2021 in a $12 million pre-Series A raise. The Sydney… Read more »
B2B marketing partnerships platform Partnar has raised $200,000 in a Seed investment from Melbourne early-stage VC Skalata Ventures. The marketplace startup describes itself as a “matchmaker for business collaborations” connecting brands and businesses in the face of rising costs and decreasing reliability from online advertising. Partnar offers an alternative to pay-per-click marketing campaigns for brands to… Read more »
Investment and market research services provider, NetworksX, has landed $610,000 in the Seed capital Melbourne-based Pitch Venture Capital and European investors led the round. The fresh cash will expand the company’s operations to provide deeper and faster research services, increase automation, and broaden its offering to investors. NetworksX does deep-dive analysis of markets using industry… Read more »
Farming automation management startup SwarmFarm Robotics has raised $12 million in a Series A to address agriculture’s worker shortage. The round was led by Canadian agtech fund Emmertech, from Conexus Venture Capital, supported by Brisbane VC Tribe Global Ventures and South Australia’s Access Capital. Existing investors Tenacious Ventures and GrainInnovate, the Grains Research and Development Corporation… Read more »
Canberra quantum computing startup Quantum Brilliance, has raised US$18 million (A$26m) as it looks to expand internationally. The raise was backed by Breakthrough Victoria, which chipped in $8 million, as well as CSIRO VC fund Main Sequence, Investible, Ultratech Capital, MA Financial, Jelix Ventures, Rampersand and CM Equity. The capital is to expand international operations, deliver… Read more »
Small business credit fintech Shift has raised $27 million in fresh capital, led by Sequoia Capital Southeast Asia. The 10-year-0ld fintech provides credit and payment platforms to help businesses trade, pay and access funds. It was previously known as GetCapital, having rebranded as Shift in October 2021. The company is calling this a Series C.… Read more »
Decarbonisation startup Loam, which uses microbes to sequester carbon in farm soils, has raised $105 million in a Series B. The latest raise comes 20 months after its $40 million Series A – and brings the total raised to $150 million Loam’s Series B was co-led by US climate-focused VC Lowercarbon Capital and former Macquarie… Read more »
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