Sydney content marketing engine Convo Ink has raised $1.5 million in Seed funding. The round led by3C Capital, a UK-based private investment house led by Australian investor Richard Gazal, and Sydney-based private investment firm M2 Capital, led by tech entrepreneur Matthew Hunt. The startup will use the funds to expand its content platform capabilities and… Read more »
Utilities digital twin tech startup Neara has raised US$14 million (A$20M) in a Series B. The round was led by Kim Jackson’s Skip Capital, with Series A backer Square Peg Capital opening the wallet again, plus OIF. It follows a A$7.25 million Series A in 2021, taking the total capital raised to A$27.25 million. The SaaS… Read more »
The Cost of Capital for founders is going up. Way up. It’s happening as you read this – there is less equity capital available for growth businesses, there will be even less shortly and then, there will be even less once the already-arranged-funding announcements dry up. As we head into a (likely) recession with valuation… Read more »
The NSW Government is calling for expressions of interest from universities, research organisations, industry, consortiums and NSW-based NCRIS (National Collaborative Research Infrastructure Strategy) facilities for open-access projects to be supported by a new $8 million Tech Central Research and Innovation Infrastructure Fund. Minister for Enterprise, Investment and Trade Stuart Ayres said the fund will help… Read more »
Sydney drone startup Aerologix, which describes itself as “Uber for drones”, has raised $4.2 million in Seed capital. The round led by Ellerston Capital and Lindsay Phillips’ Nightingale Partners, following on from an earlier pre-seed raise Aerologix will use the capital to invest in additional research and development, bolster its commercial team and to launch overseas. … Read more »
A Cloud Guru co-founder and CEO Sam Kroonenburg is pouring some of the proceeds from his London-based startup’s $2 billion exit last year into local tech companies after signing on as venture partner with SecondQuarter Ventures. Kroonenburg, who founded his online learning business with his brother Ryan in 2015, landed one of 2021’s biggest M&A… Read more »
Age Up Health has secured investment from the Alice Anderson Fund, LaunchVic’s $10 million VC fund for female entrepreneurs. The fund offers up to $300,000 in matched capital to early-stage startups. Age Up, which launched in March 2020, provides home care packages to help elderly people stay in their homes, taking the sector into the… Read more »
Enterprise software startup Clear Dynamics has raised $35 million (USD$25 million) in Series B funding. The round was co-led by Colinton Capital Partners and OIF Ventures, alongside new investment from family offices and private investors. The Melbourne venture, which has seen its customer base grow four-fold in the US and Australia over the last year… Read more »
Sydney-based voice communication platform, Curious Thing has raised $7 million in pre-series A funding. The round led by private investment firm Hawkstone, supported by Blacksheep Capital and January Capital, with existing investors, Westpac’s VC fund Reinventure, and Qualgro, returning after backing a $1.5 million round in 2019. The cash injection will be used to help the… Read more »
US venture capital giant has once again backed online used car platform, Carma in a US$52 million (A$75m) Series A round. General Catalyst Partners led the round. MD Adam Valkin will join the Carma board. The US VC’s other local investments include Canva, BigCommerce and Buildkite Other international venture investors joining the round include Entrée Capital… Read more »
Ask any successful startup founder and they’ll tell you it didn’t happen overnight. It took countless hours, days, months, maybe even years to nail the idea, stick the landing, and hit crucial money milestones that make or break a business. Startup Daily and SAP® Concur® are bringing you a panel with some of Australia’s most successful tech… Read more »
Brisbane licensing marketplace Layer has raised $3,888,888 in Seed funding The round was led by Carthona Capital, with support from Aura Ventures, TEN13, Flying Fox, Black Sheep Capital, LUXEM, Tribe Ventures and several angels, including Go1 co-founders Chris Eigeland and Vu Tran. Layer’s marketplace connects games with leading rights holders including Bruce Lee, Narcos, CareBears,… Read more »
Kiwi VC Global From Day 1 (GD1) has launched New Zealand’s first dedicated web3/crypto-focused venture capital fund. The US$5 million ($NZ7.65m) fund, ‘GD1 Crypto Fund 1’, will be led in-house by cryptocurrency and web3 expert Nawaz Ahmed, who’s signed on as a General Partner. It will look to invest in the next generation of web3/crypto… Read more »
Canberra medical imaging startup Aurabox has raised $500,000 in Angel investment to transform how doctors and patients collaborate and share medical imaging. Founded in 2021, Aurabox is a software-as-a-service platform that enables the seamless sharing of medical imaging between doctors and patients. The medtech startup plans to use the funds to complete technical development and run… Read more »
The hardest conversation for an early stage investor happens when you choose not to follow on in a company you have invested in. This great tension is rarely discussed but lies at the core of the founder/investor relationship. We both know that these moments of decision will come and it matters how we handle it.… Read more »
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