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 »
An all-in-one finance and lifestyle app for international students has raised $1.6 million in Seed funding. Mist was backed by Investible, Allectus Capital, Archangel Ventures, Seedspace, and The Hunter Angels. It wants to become the go-to app for international students, offering a streamlined solution for relocating to another country to study, especially around banking and… Read more »
The $31 million Greenhouse climate tech hub has opened in Sydney’s newest skyscraper, Salesforce Tower. Four years in the making – the Covid pandemic slowed its opening by two years – Greenhouse has been backed by the City of Sydney with $31 million in funding, and is being run as a subsidiary of early-stage venture… Read more »
Sydney VC fund Investible is gearing up to launch a new global climate tech fund in a partnership with Mandiri Capital Indonesia (MCI). MCI is the VC subsidiary of Indonesia’s largest financial institution, Bank Mandiri. The joint venture Mandiri-Investible Global Climate Tech Fund will support and back climate tech startups in the Southeast Asia and… Read more »
Manufacturing process management platform Factory.app has raised $1.05 million in a Seed round led by early-stage VC Investible. The two-year-old Sydney software startup was also backed by TechnologyOne founder Adrian DiMarco, 1in100 Ventures, Beachhead Venture Capital, and Hugo-Hamman Investments. Serial entrepreneur Richard Hugo-Hamman, CEO of the legaltech firm The LEAP Group, along with HotelsCombined cofounder… Read more »
Western Australian battery recycling startup, Renewable Metals has raised $8 million in Seed funding to address low levels of lithium battery materials recovery. The round was led the Investible’s Climate Tech Fund, with support from the Clean Energy Finance Corporation (CEFC) through Virescent Ventures, which tipped in $2.5 million, and US VC the Grantham Foundation… Read more »
It’s been half a decade since Investible launched our inaugural Early-Stage Fund, and first opened the doors of our office in Singapore. Since 2018, we have invested in 15 companies in Southeast Asia and we are now active in markets including Singapore, Malaysia, Indonesia, India, the Philippines and Vietnam. Australia claims less than 2% of… Read more »
Agriculture fractional investment marketplace Invest Inya Farmer (IIF) has raised $1.1 million in Seed funding to give everyone to back the people who grow what they eat. The round was led by Investible, alongside global agtech VC AgFunder and high net worth investors. IIF has built a smartphone app that allows users to browse and… Read more »
Early-stage venture capital firm Investible has named Asia-Pacific investment expert Charlie Ill as the group’s first Chief Investment Officer as the fund ramps up its global presence. The Sydney-headquartered VC, which also has an office in Singapore, has also promoted Jayden Basha to principal and Ben Lindsay to investment manager. Ill has been charged with… Read more »
Two-year-old adtech startup TRENDii has raised $2.9 million in a Seed round to help brands and media deliver marketing in a post-cookies online world. The round was led by Investible and a strategic media partner. The capital is for international expansion; product enhancement and category development; new tech; and building out the partnerships team. TRENDii… Read more »
Late-stage accelerator Impact Tech Ventures and early-stage VC Investible are collaborating to help drive international growth for promising Australian tech scaleups. The Sydney firms plan to collaborate cross a range of growth programs and engagement initiatives, including the 2022 Australian Technologies Competition (ATC), now in its 12th year. Impact Tech Ventures Executive Chair Patrick Mooney… Read more »
A female-founded wellness management platform for youth athletes has closed a $2.5 million seed round as it looks to help athletes with their mental health. Brisbane-based iNSPIRETEK was founded by former competitive gymnast Annie Flamsteed to provide athletes with mental health support and the tools they need when they need them most. The round was led by… 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 »
Sydney seed investment firm Investible is on the hunt for $100 million to launch a climate tech venture capital fund. The fund will invest in early-stage climate-focussed technology businesses, with 50% capacity to participate in follow-on rounds. It will predominantly focus on Australian businesses, but has up to 30% earmarked for international ventures. Investible CEO… Read more »
The soaring 56-storey Salesforce Tower at Sydney’s Circular Quay will be home to a new innovation hub focused on tackling climate change. Named ‘Greenhouse’, the hub spans 3,800sqm on first three floors at 180 George Street and is due to open next year. It will offer affordable office space for climate tech startups and scaleups,… Read more »
‘Have I gone too far?’ How founders can beat their startup demons 
Tassie carbon accounting startup banks $5.3 million Seed round 
Smart hotels get even smarter: 72 Byte to launch in Australia with AI expert backing 
Eucalyptus head of growth Matt Rossi departs to launch his own marketing startup, Oodle 
Daily startup news and insights, delivered to your inbox.
