Telstra has backed a remote monitoring technology startup in a $2.7 million raise. The telco chipped in $1 million with Macdoch Ventures, Follow the Seed and three Farmbot Monitoring Solutions customers also funding the round. Farmbot is already looking towards a series B round in early 2022. The company is looking to expand into the US… Read more »
Anti-fraud startup FrankieOne has raised $20 million in a series A as the regtech venture eyes international expansion. The round was led by AirTree Ventures and Greycroft, with 20VC, Westpac’s Reinventure, Tidal Ventures, APEX Capital Partners, and Mantis VC, Robinhood CEO Vlad Tenev and Monzo founder Tom Blomfield also participating. FrankieOne is financial systems aggregator… Read more »
Reejig, the workforce intelligence platform that uses audited ethical AI to allow enterprise businesses to make smart and informed decisions around talent, has raised $6 million in a series A. The round was led by Kim Jackson’s Skip Capital, with participation from Airtree Ventures; Culture Amp’s Didier Elzinga and his opera singer wife, Greta Bradman;… Read more »
New Zealand cyber security education company SafeStack Academy has raised a NZ$2.3 million seed round. The raise was led by Sydney VC Jelix Ventures alongside trans-Tasman investors including Carthona Capital, the wittily named NZ VC K1W1 and the country’s growth capital fund, NZGCP. The cash injection will seek to to capitalise on the startup’s early traction,… Read more »
RedEarth Energy Storage has raised $12 million pre-IPO round as it looks to list on the ASX in 2022. The round led by Ord Minnett Private Opportunities joined by Perennial Value and Alex Waislitz’s Thorney Investment Group. The Queensland venture plans to use the funds to accelerate its local manufacturing, sales, and marketing efforts, as… Read more »
Queensland tech startup GreaseBoss, which keeps the wheels of industrial machinery spinning, has raised $2.5 million in a seed round. The Sunshine Coast business now counts San Francisco 49ers footballer “Joe Cool” Montana among its investors in the round led by Michael Dempsey from Pipeline Capital, with PioneerVC and Cathexis. GreaseBoss received initial funding from… Read more »
Enterprise compliance startup EncompaaS has raised $14 million as it looks to go global The raise for the corporate governance SaaS provider was led by CVC Emerging Companies, Future Now Capital, and private investment company Marshall Investments. EncompaaS CEO Jesse Todd said the funds will be used to further develop and take its suite of… Read more »
Climate-focused fintech Bloom Impact Investing has raised $675,000 in a pre-seed round ahead of the launch of its impact investing app. The round was led by climate tech startup accelerator and innovation network, EnergyLab with Envato co-founders Cyan and Collis Ta’eed also among the angel investors with ACAC Innovation, Palm Beach Ventures, and NOAB Ventures.… Read more »
Tech startup Bodd is expanding distribution of its Australian made 3D body scanning and sizing technology to global markets and its on the hunt for investors to back its unique idea. Bodd uses data from 3D scans to create better retail experiences for both consumers and brands in the fashion, uniform, gym and pharmacy sectors.… Read more »
Early stage venture capital fund Tidal Ventures has put together a supergroup of the smartest and most successful tech company founders and C-suite execs to launch a new investment network called Tidal’s Expert Network (#ten). The #ten members invest in Tidal’s Seed Fund, connect with each other and the VC, and offer support to its… Read more »
Sydney envirotech startup Pathzero has raised US$5 million (A$6.8m) as it looks to expand globally. The round was led by VC Carthona Capital, with Antler Australia – the startup emerged out of the Antler program – and impact investor, Phil Vernon. Former Commsec MD Paul Rayson also signed on as one of several new investors. … Read more »
Edtech startup Academy Xi has raised an additional $4.4 million to top up a $9.6 million round for a total raise of $14 million. New investors included philanthropist Robert McLean, Cuscal chair Bill Conn and funds manager Milford Asset Management. Previous backers Alium Capital Management, Giant Leap Fund, Pangaea Impact Investments and Perle Ventures backed… Read more »
Legal tech startup Lawpath has raised $7.5 million in a fresh round to ramp up its local and international expansion. The business previously raised $4.4 million in 2019 for its push into Asia, on top of $1.8 million in 2018 in an equity deal with US online law pioneer LegalZoom, and $1.3 million in 2015.… Read more »
Canadian capital investor Clearco has launched in Australia with a promise of $100 million on the table to back digital-first ecommerce businesses. Co-founded by Canadian tech entrepreneur and Dragon’s Den (aka Shark Tank) star Michele Romanow, Clearco has already invested in niche B2C brands Beard Market, Vegan Grocery Store and Jolyn swimwear, and offers between $10,000… Read more »
More than $1.5 billion poured into startups from VCs and investors last month in the biggest month of capital raising Australia has seen, but that wasn’t the only record broken, with equity crowd- sourced funding (CSF) also booming. New figures from CSF market leader Birchal reveal the September quarter was the industry’s biggest yet, up… Read more »
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