Perth telehealth and medicine delivery startup Hola Health has raised $4.5 million in a pre-Series A. The round was led by M8 Ventures, marking a return to investing for partners Alan Jones and Emily Rich, four years after they put the fund on ice as Covid hit. The raise also included follow-on capital from FundWA… Read more »
What do a former prime minister, a bioengineered protein, a $15 billion investment fund and a boat hull cleaning robot have in common? They’ll all be part of the Climate Investor Forum in Melbourne tomorrow. Held at the MCG on March 20, Climate Investor Forum will bring together the climate investor ecosystem covering the complete… Read more »
Bree Kirkham has joined Tracey Warren’s F5 Collective, a fund established to close the gender funding gap and support female founders, as chief commercial officer. Kirkham joins F5 Collective having most recently been a general partner at Flying Fox Ventures. She has more than eight years of experience in investments, operational leadership, and international expansion.… Read more »
In the East coast bubble, it’s easy to forget that Australia’s economy is in large part powered by heavy industry and of course, agriculture. Recently, the technology and agriculture sectors collided at the evokeAG conference in Perth, organised by Agrifutures Australia. Within a theme of Exceptional Edge, Agrifutures Chair Cathy McGowan highlighted the importance of connecting, building communities… Read more »
Regional NSW startup Cauldron has raised in $9.5 million (US$6.25m) in Series A for its fermentation technology, which hopes to transform how new foods and fibres are developed. The round was led by existing US investor Horizons Ventures, supported by CSIRO-backed Main Sequence, which also backed last year’s Seed round, as well as new supporters… Read more »
CSIRO-backed venture capital fund Main Sequence has added another woman to its ranks with Startup Daily contributor Dr Elaine Stead joining the deep tech investor as principal. Stead is the founder of Human VC, where she managed the South Australian Venture Capital Fund and cofounder of Brisbane fund Tribe Global Ventures. She was previously the… Read more »
The allure of San Francisco as startup mecca is a long-held dream for entrepreneurs with global ambitions, but increasingly Singapore is where Australian founders are heading to find their stride and make it all come true. Xylo Systems CEO and cofounder Camille Goldstone-Henry certainly found that to be the case. Goldstone-Henry, a Australian Women’s Weekly Women… Read more »
The public listing of Canva will most likely happen in 2026 and won’t be on the ASX because Australia is a small market, according to the design software’s cofounder Cliff Obrecht. The husband of CEO and cofounder Melanie Perkins, named the 10th richest person in Australia, alongside his wife, with a combined wealth of $10.92 billion,… Read more »
ASX-listed voice data company Dubber is borrowing $5 million in bridging finance from existing investor Alex Waislitz to solve a cash flow crisis after more than $26 million of the company’s funds went missing. Tiga Trading, a company associated with the Melbourne billionaire’s Thorney Investment Group, is stumping up the cash as a loan secured… Read more »
US ride-sharing giant Uber has settled a class action by the Australian taxi industry on the eve of going to court, offering to pay $271.8 million in compensation. Maurice Blackburn Lawyers began a class action against Uber in 2019 on behalf more than 8,000 taxi and hire car owners and drivers. The Victorian Supreme Court… Read more »
The next time you go for a job interview at Woolies or Qantas, you may end up with generative AI not only telling you how you did, but also offering advice on how to perform better next time. Melbourne recruitment startup Sapia.ai has launched a generative AI model it’s called SAIGE to give candidate feedback.… Read more »
An advertising analytics startup offering a solution to the end of internet cookies to track marketing has raised $5 million in Seed funding The round for Prophet was backed by Australian Community Media owner Antony Catalano, Seek cofounder Matt Rockman and Cheuk Chiang APAC CEO of Dentsu Creative, among others. The business intelligence platform has been… Read more »
Ever since the Titanic was found, the world has held few mysteries. The whereabouts of the 239 souls tragically lost aboard MH370 is one. That MAFS is now in a 10th season and rating well is a personal one. Another, since 2008, is who is Satoshi Nakamoto, the author of a white paper on the… Read more »
A new online marketplace for vintage, and antique furniture and homewares, Bazaa, has raised $650,000 in pre-Seed funding from angel investors and syndicates. The idea is the brainchild of Voly cofounder Thibault Henry, and Aria Wigneswaran, a former director of e-commerce fashion marketplace Depop. Henry calls Bazaa a new way for people to discover, buy… Read more »
Proptech startup FLK it over has raised $2.5 million as it looks to expand beyond real estate with its electronic document signing solutions. Former real estate agent Andrew Colagiuri founded the startup in 2016, setting out to make administrative tasks, such as tenant signing, less cumbersome. He previously raised $2.13 million in 2022 from the… Read more »
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