Brisbane recruitment tech startup, Getahead, which pitches itself as “Tinder for jobs”, has raised $1.38 million in pre-Seed funding The round was led by Ezidebit founder Michael Dempsey’s investment fund, Pipeline Capital, supported by Di Bella Coffee founder Phil Di Bella. Founder Sam McNamara launched Getahead in December last year with the goal of reducing… Read more »
New Zealand brand tracking startup Tracksuit has raised NZ$7.5 million (A$6.8m) in Seed round. The raise was led by Blackbird, which chipped in $3.6 million, supported by Kiwi VC Icehouse Ventures, Ascential, Shasta Ventures and veteran brand consultant Mark Ritson. Tracksuit helps companies measure and understand brand value via weekly global surveys to track consumer… Read more »
Queensland meat alternative startup Fable has raised US$8.5 million (A$12.3m) as it ramps up its expansion in global markets. The round was led by Singapore VC 3 Ventures, supported by Better Bite Ventures, former YUM CEO Greg Creed, the expat Australian ethicist and animal rights campaigner Professor Peter Singer, SaladStop founders Frantz Braha and Adrien… Read more »
New Zealand liquid hydrogen tech company Fabrum has raised NZ$23 million (A$21m) in a Series A The round was led by London VC AP Ventures, with participation from Dr Andrew Forrest’s Fortescue Future Industries, Japan’s Obayashi Corporation and New Zealand VC K1W1. The Christchurch-based venture, founded in 2004, is considered a world leader in industrialised… Read more »
Fingerprint for Success (F4S), an artificial intelligence (AI)-based performance coaching startup used by tech companies such as Atlassian, AWS, Hubspot and Canva has raised $6.5 million in a second Seed round. The raise was led by local VC Investible and its syndicate group, Club Investible, supported by US firms Five V Capital, and Salesforce Ventures.… Read more »
Salesforce Ventures becomes new investor Wallabies legend John Eales also backed Q-CTRL A record A$74m was raised in the Series B Sydney quantum software startup Q–CTRL has raised US$27.4 million (A$39m) in an extension of its Series B Several new investors joined Q–CTRL’s cap table, including Salesforce Ventures, the VC arm of the US software… Read more »
New Zealand-founded accounting fintech Hnry has raised A$35 million in a Series B as it looks to go global. The round was led by local VC AirTree Ventures, supported by existing New York-based backer Left Lane Capital, Akshay Kothari, cofounder of California software company Notion, and Athletic Ventures, the sports star investment syndicate that includes AFL… Read more »
Wholesale hospitality marketplace FoodByUs has raised $12 million in a Series B. The round was led by South African VC Base Capital, supported by New York’s FJ Labs, and Trawalla Group, plus with follow-on funding from founding investor Macquarie Capital. FoodByUs previously raised $10 million in a Series A in November 2021 and then spent… Read more »
Rapid grocery delivery service Milkrun tried to raise additional cash twice in 2022, despite starting the year with $75 million from Tiger Global in a Series A last January, but couldn’t attract investors amid the financial failure of its rivals. The Australian reports that the Sydney startup touted its Series B pitch deck to potential backers… Read more »
Employee wellbeing startup Foremind has raised $200,000 in Seed funding from early stage investor Skalata Ventures. The cash will be used to improve access to mental health support in the construction and building sector. Cofounder and engineer Joel Anderson was inspired to build Foremind after a poor experience using an Employee Assistance Program (EAP). Around… Read more »
Adelaide biotech company Ferronova has raised $8 million from investors topped up with a $3 million research grant from the federal government for its nanoparticle platform to help surgeons to locate and remove malignant cells in stomach and brain cancers. Irish healthtech venture Renew Pharmaceuticals led the raise, supported by existing backers Uniseed and Artesian… Read more »
Microsoft founder Bill Gates has made his first investment in an Australian startup, backing Perth-based climate tech venture Rumin8 in a US$12 million (A$17m) second phase of its Seed round. The raise was led by the Gates-founded VC firm Breakthrough Energy Ventures (BEV), with participation from fellow billionaires Andrew and Nicola Forrest via their agri-food… Read more »
Location technology startup GeoMoby has raised $3 million from multiple European investors to fund the further rollout of its technology to the mining industry. Some major investments by French companies and individuals delivered the bulk of the raise, with additional funds from existing local shareholders as well as a strategic partner Agreement Hub, alongside a… Read more »
The NSW government has launched a new $40 million fund to back bioscience startups. The Biosciences Fund (BioSF) comes just days after the state government announced $7 million quantum computing commercialisation fund, and backing for the Techstars accelerator program to set up at Tech Central in Sydney. Science, innovation and technology minister Alister Henskens said… Read more »
Brisbane fintech Bloom Impact Investing has raised $525,000 in seed round co-led by Up bank cofounder Dom Pym, with the founders of Envato, Collis and Cyan Ta’eed, doubling down on the investment app. In a sign of the realigned times, the funding is less than Bloom’s $675,000 pre-seed raise in October 2021. That round was… Read more »
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