A management strategy startup its founder says will help executives “fight fires before they happen” has raised $637,000 in a seed round several months before it launches. Empiraa was founded by Ash Brown after he worked as a senior manager in three businesses and realised that the teams never had an effective platform to manage… Read more »
Sydney startup DiviPay has raised $20 million in a Series A as it looks to expand internationally. The company did not disclose who led the round, saying only that it was a “global fintech-focused growth equity investor”. Other backers in this round include Global Founders Capital, Rapyd’s new VC arm, Rapyd Ventures, Raffael Johnen from… Read more »
New Zealand crime intelligence software startup Auror has raised NZ$30 million (A$28.5m). The round was led by Movac, New Zealand’s largest VC firm, with support from GD1, Silicon Valley-based Shasta Ventures, and Sydney-based Folklore Ventures in a mix of primary capital and secondary transactions. Movac partner Lovina McMurchy will join Auror’s board. The company plans… Read more »
ASX-listed Touch Ventures has backed Melbourne VC Skalata Ventures as it looks to raise $50 million for its second fund. The Touch investment takes commitments to the fund past the $25 million mark. Afterpay co-founder Anthony Eisen has also taken a personal stake in Skalata Fund II, which is aiming to support 50 Australian startups… Read more »
Sydney venture capital firm Investible has closed its second early-stage investment fund oversubscribed, with AU$51.6 million in committed capital. The VC hit $35 million for the Fund 2 in June. The final figure more than doubles the $22.5 million raised for Fund 1 in 2019, delivered in 9 months – half the timeframe of its… Read more »
Comparison site Finder has raised $30 million in the first raise in its 15-year history as it pivots to fintech business with a focus on digital assets. A single investor, Microsoft-backed Sydney fund Future Now Capital, wrote the cheque for an equity stake in the Sydney-headquartered company, on a $650 million pre-money valuation. Finder plans… Read more »
Skykraft, a Canberra space startup, has raised $3.5 million for its plan to build a satellite constellation for space-based air traffic management services. Former CEO of Macquarie Group Allan Moss, Lennoxgrove Capital and Adcock Private Equity are among the investors. The ACT-based space services company specialises in the design, manufacture and operation of SmallSat constellations… Read more »
Sydney-based logistics startup Ofload has bagged $20 million in Series A raise that took less than four weeks. While existing backers such as Maersk Growth, Global Founders Capital, Flash Ventures and Foundamental followed on from 2020’s $2.8 million round with new investors King River Capital, Flexport and Bay Grove signing on. Maersk, Global Founders Capital, Flash and Foundamental also backed a $3.8 million raise… Read more »
Auckland-based cybersecurity startup Onwardly has raised NZ$1 million in a seed round less than 12 months after launching. The seed round was led by Kendra Ross of We Love Cyber, and supported by Pushpay founders Eliot Crowther and Chris Heaslip and entrepreneurs Zheng Li & JD Trask of Raygun. The funds are earmarked towards growth… Read more »
Among the flurry of investments voracious US firm Tiger Global made earlier this year, as the world’s most active startup investor, another Australian startup caught its eye back in March, scoring a US$20 million (A$28m) seed round. Another nine months has passed in “stealth mode” and the online used car dealership, Carma is now looking… Read more »
Ecommerce retailer Pet Circle has raised $125 million in a Series C. The round was led by US investment firm Prysm Capital and Sydney-based TDM Growth Partners, with existing backer AirTree Ventures joined by new investor Baillie Gifford from the UK While the international investment has been announced, it’s still subject to regulatory approvals. The… Read more »
Parkable, a New Zealand-based parking optimisation startup, has raised NZ$4.7 million (A$4.53m) as it prepares for a global push. The round, in both debt and equity funding, was led by Kiwi VC Pioneer Capital, ahead of a planned series B in 2022. Pip England, Chief Executive Partner of Chapman Tripp, New Zealand’s largest commercial law… Read more »
Software platform Marketplacer has raised another $38 million from private investors after the 2021 IPO the company mooted 13 months ago, following a $20 million raise, failed to proceed. The company, which provides ecommerce solutions for retailers such as Myer, Woolworths, Metcash and Bob Jane T-Marts, is now reportedly considering 2022 as a public listing… Read more »
Relevance AI, a Sydney startup founded last year to help developers do more with unstructured data and aid data scientists experiment with vectors, has raised A$4 million in a seed round. The round was led by US VC Insight Partners, which rarely heads into early-stage investment, with participation from Galileo Ventures and Archangel Ventures. The… Read more »
Biotech startup EnGeneIC, has raised $5 million on the VentureCrowd platform in a pre-IPO round, ahead of plans for a NASDAQ listing in Q2 2022. News of positive results for Covid-19 nanocellular vaccine pre-clinical animal studies, saw that figure jump five-fold. The startup has develop proprietary nanocell technology, which they’ve called EDV, which is predominantly… Read more »
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