Funding Archives

Melbourne edtech raises $3.3 million to help schools improve student performance and wellbeing

Simon Thomsen - August 24, 2022 2 MIN READ

Melbourne data analytics startup Intellischool has raised $3.3 million as it looks to go global with its edutech platform. The round was led by Sydney VC EVP and supported by social impact investor Save the Children Impact Investment Fund, edtech ventures Schoolbox and Curio Ventures, and personal backing from several edtech entrepreneurs. The capital is to bolster customer growth… Read more »

Funding

Seven backs real estate media baron Antony Catalano in $100 million proptech play

Simon Thomsen - August 19, 2022 3 MIN READ

Seven West Media’s venture capital arm has thrown its weight behind a new proptech startup consortium by former Domain boss Antony Catalano and investor Alex Waislitz targeting the real estate sector. View Media Group (VMG) is a real estate digital media and agent services business, involving B2C and B2B proptech platforms. They include The Today… Read more »

Funding

Kiwi online supermarket Supie raises NZ$3.9 million to champion local producers

Simon Thomsen - August 16, 2022 2 MIN READ

An online groceries startup that set out to break New Zealand’s supermarket duopoly has raised NZ$3.9 million The startup, founded in 2021, opened its latest funding round in June through Snowball Effect with a target of raising $2.5 million and a cap of $3m, but extended the raise due to overwhelming interest. The funds will… Read more »

Funding

Consumer data startup raises $7.5 million in Series A

Simon Thomsen - August 15, 2022 2 MIN READ

Queensland consumer data right startup Biza.io has raised $7.5 million in a Series A. The round led by OIF Ventures and Jelix Ventures in the first raise for the Brisbane fintech after five years of bootstrapping. Biza helps banks, financial institutions, energy retailers and others in the CDR space with Software-as-a-Service solutions for both data… Read more »

Funding

Subscription produce startup Good & Fugly raises $530,000 via crowdfunding

Simon Thomsen - August 12, 2022 2 MIN READ

Investors have demonstrated a healthy appetite for Sydney social enterprise Good & Fugly, which has raised $528,628 from 652 backers in a crowdfunding campaign. The business was seeking up to $1.5 million at $1.59 a share at a pre-raise valuation of $13.52 million. Good & Fugly offers standalone and subscription boxes of “ugly” fruit and… Read more »

Funding

Founders depart fintech Timelio as it raises $7.5 million

Simon Thomsen - August 10, 2022 2 MIN READ

Timelio cofounders Charlotte and Andrew Petris have left the fintech they founded seven years ago, amid a $7.5 million raise. The pair did not back the round, a rights issue to shareholders completed on August 4. Four existing shareholders: Thorney Investments, Wilbow Group, Riversdale Capital Funding and David Roseman fully underwrote the raise, accounting for 82%… Read more »

Funding

Healthtech startup InstantScripts sees valuation jump 10% as Bailador chips in another $5 million

Simon Thomsen - August 8, 2022 2 MIN READ

Digital healthcare platform has raised $5 million in a follow-on investment from ASX-listed venture fund Bailador Technology Investments. Bailador (ASX:BTI) has already tipped $16.6 million into InstantScripts, and the latest capital injection has defied the current trend of plunging startup valuations, with the VC saying the valuation at the latest round has resulted in a… Read more »

Funding

Entries are open for TechBoard’s annual Angel investing awards

Simon Thomsen - August 4, 2022 2 MIN READ

Entries for the annual Techboard Australian Angel Awards 2022 have opened. The awards recognise the Angel investment community and the importance of Angel investment to the growth of the Australian startup and tech ecosystem. The categories for 2022 are: Most active regional Angel group for angel groups based outside of a capital city, assessed by… Read more »

Funding

Medtech startup Splose raises $1 million for Allied Health workers to help more people on the NDIS

Simon Thomsen - August 2, 2022 2 MIN READ

Adelaide startup Splose has raised $1 million as it eyes of international expansion for its healthcare practice management platform. Launched in 2018 as a website developer specialising in the needs of Allied Health professionals, Splose quickly identified the challenges providers faced while trying to support participants and manage their obligations under the NDIS. The startup… Read more »

Funding

Proptech startup that’s more ‘Atlassian than Aconex’ raises $5.2 million

Simon Thomsen - August 1, 2022 2 MIN READ

Sydney startup Sitemate has raised $5.2 million for its no code software tools for companies in the construction sector. The round was led by Blackbird, with participation from existing investors Shearwater Capital and angels including local tech founders Tim Doyle of Eucalyptus and Rory San Miguel of Propeller. Coincidentally, Blackbird general partner Nick Crocker was… Read more »

Funding

Farmbot startup LYRO Robotics raises $1.5m pre-Series A to solve labour shortages

Simon Thomsen - August 1, 2022 2 MIN READ

Queensland startup LYRO Robotics has raised $1.5 million in a pre-Series A to help local farmers get their produce to market. The round was backed by several international and domestic investors, including Artesian/Boab AI and AgFunder joining original investor, Japan’s Toyo Kanetsu. LYRO has built the world’s first autonomous robot, which can pick up delicate fresh… Read more »

Funding

E-commerce platform Local Threads lands $500,000 pre-seed round

Simon Thomsen - July 27, 2022 2 MIN READ

Melbourne e-commerce platform Local Threads has raised $500,000 in pre-seed funding The round was led by Dr Qin Ding, co-founder of EMQ, a data cloud warehousing platform, with support from angel investors Alex Yin, founder of fashion brand, UOOYAA, and Eric Liam. Cofounders Adam Baodunnov, and Chris Young are hoping to empower Local Threads users… Read more »

Funding

Task automation platform Servicely raises $1.2 million for international ambitions

Simon Thomsen - July 27, 2022 2 MIN READ

AI-based platform Servicely, a low-code service management platform, has raised $1.2 million in its first external capital round. The round was backed by a combination of high-net worth individuals and a family office. Servicely is a low-code service management platform with a proprietary AI engine that observes and learns how work is being done by… Read more »

Funding

Kiwi healthtech startup Carepatron banks NZ$1.6m pre-seed round from Blackbird to ramp up global growth

Simon Thomsen - July 26, 2022 2 MIN READ

Kiwi healthtech software platform Carepatron has raised NZ$1.6 million in pre-seed funding to develop its collaborative health workspace The round was led by trans-Tasman VC Blackbird. The Kiwi startup has bootstrapped until now and will use the cash injection to grow its global team and deliver its product and growth vision. Carepatron was founded by… Read more »

Funding

Female founded ‘Dr Google’ alternative raises $10 million Seed round

Simon Thomsen - July 26, 2022 2 MIN READ

Sydney healthtech startup Human has raised $10.15 million in Seed funding. The raise was led by Airtree Ventures, supported by Skip Capital, the family VC of Kim Jackson and her husband, Atlassian co-founder Scott Farquhar. Human was cofounded by former Canva head of product Georgia Vidler and her colleague Kate Lambridis, who believe people need… Read more »