Funding

Corporate learning startup Elenta raises $1m seed round to lift the ROI on workplace education

- November 30, 2020 2 MIN READ

Sydney software startup Elenta has closed has oversubscribed seed round less than six months after launching, raising $1 million. The corporate learning venture, which launched in June through Antler Australia’s Sydney accelerator program. Having given the brand-new venture a pre-seed investment, Antler followed on with the seed round, which was also backed by Black Nova Group… Read more »

Funding

Another Aconex co-founder has backed a Melbourne builder software startup’s $6 million raise

- November 30, 2020 < 1 MIN READ

Aconex co-founder Rob Phillpot has backed Melbourne-based builder software company Buildxact in a $6 million raise, 12 months after his fellow co-founder became an investor in the nine-year-old startup. Jasper returned to back the latest round. Buildxact creates software for residential builders for estimating and job management. The cloud platform streamlines the building process from… Read more »

Funding

AI-based dentistry startup Pearlii raises $1.25 million seed round

- November 28, 2020 2 MIN READ

Melbourne-based tech startup Pearlii, a world-first dental app for check-ups, has raised $1.25 million in seed investment from some of Australia’s most prominent investors, including Roger Allen and Justin Liberman. Founder and CEO, Dr Kyle Turner has developed artificial intelligence technology to scans a Pearlii user’s dental photos to check for common problems such as… Read more »

Funding

Twiggy Forrest is backing a new robotics vehicle startup by Zoox’s Australian co-founder

- November 24, 2020 < 1 MIN READ

Serial Australian entrepreneur Tim Kentley-Klay is back in founder mode two years after being fired from his autonomous mobility company Zoox, with a new robotics ventures that’s attracted support from mining billionaire Andrew “Twiggy” Forrest. His latest idea, launched this year, is HYPR – not to be confused with the US influencer marketing platform or… Read more »

Funding

New Zealand healthtech startup ZOOM has launched NZ$3m Snowball Effect capital raise

- November 17, 2020 < 1 MIN READ

New Zealand virtual pharmacy startup, ZOOM Health, which founder David Taylor calls the “Uber Eats of prescriptions”, is looking to raise NZ$3 million via Kiwi investing marketplace Snowball Effect. Taylor, ZOOM’s MD, founded the healthtech venture in 2017, targeting people on multiple medications who struggle to get to the pharmacy with a delivery option. “Whilst… Read more »

Funding

ecommerce software startup Marketplacer just raised $20 million as it gets ready to list

- November 16, 2020 < 1 MIN READ

Software venture Marketplacer, which provides ecommerce solutions for leading Australian retailers such as Myer, Metcash and Bob Jane T-Marts, has raised $20 million as it plans to head to an IPO in early 2021. Founded in Melbourne in 2012, the company creates backend online marketplace software and raised $20 million 12 months ago in what… Read more »

Breaking Bad, money pile
Funding

8 funding options for startups seeking capital

- November 6, 2020 3 MIN READ

There is a myth about great ideas. It is the fallacy that a winning idea simply sells itself to investors and lenders without too much effort.  But what actually matters most is a founder’s ability to take an idea and mould it into a value proposition that is compelling to parties who have capital to… Read more »

Funding

Steve Baxter’s TEN13 backed a $1.6m seed round in a book-keeping startup set to be the next Xero

- November 4, 2020 2 MIN READ

Freelancer and solo entrepreneur accounting platform Bookipi has raised $1.6 million in a seed round co-led by Sydney VC Our Innovation Fund and Steve Baxter’s investment syndicate TEN13. Bookipi, founded in 2017, is targeting the freelancer and micro SME sector with its book-keeping platform and already has a user base of more than 640,000 customers… Read more »

Employment, interview, job
Funding

MYOB and Malcolm Turnbull back $22 million series C in a workplace software startup

- November 2, 2020 < 1 MIN READ

MYOB has led a $22 million Series C round into workplace software startup Flare, with the accounting platform also announcing a new partnership with the five-year-old venture. Existing investors Point72 Ventures, Acorn Capital and David Fite joined the round with Malcolm Turnbull signing on as a new investor. Turnbull and Fite will become special advisors… Read more »

Funding

A reusable packaging startup raised $2m in seeding fund with Kim Jackson’s Skip Capital backing it

- November 2, 2020 2 MIN READ

A household products company hoping to reduce the plastic waste by reusing containers for everyday products such as shampoo, liquid soaps and laundry wash has raised $2 million in seed funding, led by Skip Capital, the family VC run by Kim Jackson, wife of Atlassian co-founder Scott Farquhar. Zero Co has already attracted a series… Read more »

Funding

Social media enabler Linktree takes on its first funding with a $15m series A

- October 27, 2020 < 1 MIN READ

Melbourne-based social media venture Linktree has ended four years of bootstrapping, taking on $15 million (US$10.7m) in a series A round to expand globally. Linktree is a free tool to optimise internet presence for a celebrity, company or blogger, curating content across social media sites such as Instagram, Facebook, YouTube and Twitch, sending viewers to other… Read more »

Funding

Mike Cannon-Brookes backs $5 million series A for breakthrough solar cell startup SunDrive

- October 26, 2020 2 MIN READ

A $9 million project to make cheaper rooftop solar panels by replacing the silver in production with copper has attracted $8 million in funding. The cash for NSW startup SunDrive includes $5m Series A investment led by Blackbird Ventures and Grok Ventures, the family investment fund of Atlassian co-founder and renewable energy campaigner Mike Cannon-Brookes and… Read more »